Oxford Instruments Share Discussion Threads

[indiestu] 12/6/2013 16:22

Chin up. Directors buying. They know best. Bargain price here.

[bouleversee] 12/6/2013 15:34

Doesn't look like I've done my grandkids much of a favour by gifting this one after all; big drop in share price on top of lousy dividend. However, they can take a long term view which is more than I can at my age so hope things will buck up in the future.

[kayha2] 11/6/2013 14:38

Found an interview with some board members on the results:
hxxp://www.brrmedia.co.uk/event/112439/jonathan-flint-chief-executive--kevin-boyd-group-finance-director

[bombadil79] 03/6/2013 11:29

It seems OXIG has become more sensitive to the general market movements?

[bluebelle] 17/5/2013 08:54

b
I can't see any specific reason for it either (but I could never see a particular reason for the recent fall either !).

If you put 'FROG' in the EPIC box at the top and hit the EPIC button that should take you too the thread I mentioned. Your NATO experience sounds interesting given the French Government's at best ambivalence towards it ! We divide our time between England and the Loire Valley.

[bouleversee] 16/5/2013 16:54

Bluebelle -

They would be if they knew about it, though still not quite back to the transfer price of l633. I wonder what prompted today's rise.

Incidentally, the link you kindly provided in previous post didn't work but I'm in deepest Bucks. not France anyway. I could have sworn I'd replied to that but can't see it here. I lived in Paris for l4 months (working for NATO) in my dim distant youth but haven't been to France (or anywhere else!) for some time. Lucky you if you're living in the Loire valley.

[bluebelle] 16/5/2013 16:33

Grandchildren with happy smiling faces today I suspect !

[bluebelle] 10/5/2013 07:59

bouleversee
I must admit I had wondered about that in the past ! Sorry to hear of your problems : I still think you have fortunate grandchildren! Are you in France ? (I'm looking out over the Loire valley as I type). Have you seen the FROG thread ?

(

Some decent, helpful people post there : MIATA is particularly helpful (and expert) on tax matters which might be useful to you.

[bouleversee] 09/5/2013 19:28

Bluebelle -

Tut, tut. Since your own name has a French ring, I should have thought you would have deduced from the doube E at the end of bouleversee that I am a grandma, not a grandad! Unfortunately, Grandad has recurrent cancer in his spine and advanced Parkinson's inter alia so I have to deal with all the finances these days, as well as everything else (have spent most of the day spring cleaning the conservatory and, if you'll excuse the unladylike expression, am totally knackered). Not sure how well I am doing on the investment front; have ISA dosh uninvested and don't know what to buy. Bought mostly miners last year; need I say more? Now must get the supper and then finish off all the computations for HMRC after gifting other shares as well as OXIG. It's a hard life! Apologies for the off-topic but this is the extent of my social life these days and I appreciate all your comments. Incidentally, the grandchildren are still very young and the shares are in a Bare Trust so they won't know about them till they are l8, by which time I may not be around but I hope they'll have a reasonable nestegg for uni fees/flat deposits. Maybe they'll raise a glass to Grandma at that point.

[bluebelle] 09/5/2013 17:57

I agree bones : sounds like the perfect grandad : I hope the grandchildren realise how lucky they are, bouleversee !

[bones] 09/5/2013 15:22

bouleversee - your grandchildren should be happy. I wish I had ancestors who did more than hang onto their Halifax and Alliance & Leicester freebies!

[bouleversee] 09/5/2013 14:44

Bluebelle -

Yes, let's. And I should own up to having recently given most of mine to my grandchildren as I am more concerned with income at age 76 and don't particularly want to increase my IHT position and also wanted to use my cgt allowancefor last year. They don't need income so for their sakes I hope the growth continues though according to Sod's Law the price has dropped from the then m.v. of l633 so I haven't achieved much! At least there were no costs or stamp duty to pay.

[bluebelle] 09/5/2013 13:33

bouleversee
Let's just agree to differ : don't get me wrong : I wouldn't say 'No' to an increased dividend !

[bouleversee] 08/5/2013 14:57

Bluebelle:

Since it stayed at 8.4 for many years, I am more concerned with its rise since the 7.5p in 1997. I make it less than 46% over l6 years, without any allowance for compounding or inflation. I don't think that is very marvellous for a company which is supposed to be doing so well. Jam tomorrow is all very well but it would be nice to at least have a bit of butter on my bread today. It would be interesting to see how payments to shareholders compare with those to management (including incentive bonuses, free shares etc.) over the same period. I seem to recall there were some pretty hefty increases last year.

[bluebelle] 08/5/2013 13:27

b
You'll be getting, assuming forecasts are correct, 30% more cash per share this year than when the dividend was last at 8.40. That's not bad. All that's happened is that, because the price has risen, the yield has fallen from over 7% to under 1. Money hasn't exactly been frittered away : R&D per share is up by around 80% : that's where future dividends will come from.

[bouleversee] 08/5/2013 12:20

I think they'd do themselves (not to mention their shareholders) a favour if they increased the dividend to a realistic level. It was 7.5p in 1997 and stayed at 8.40p for many years. They don't hesitate to up their own earnings significantly. We could all get rich if we didn't pay our dues. How do they think we pay our own bills? One can't spend eps and it's not economical to sell a handful of shares to pay the electricity bill. A high share price can disappear overnight; one needs something rather more tangible if one is a long term investor. I'm not suggesting they distribute all their profits but they do seem extraordinarly stingy to their shareholders whilst being rather generous to themselves and a somewhat better balance between growth and income would seem appropriate, especially in the present climate.

[bluebelle] 08/5/2013 08:52

Over reaction to sector sentiment. This is always vulnerable because the price performance means that the dividend is very low on a % basis (although it's increased by around 30% in 5 years on a cash basis) so you're buying future prospects. This company has as deep a moat as any and excellent short, medium and long term prospects. The main danger IMHO is the eventual management succession. The current Chairman & CEO have done a fantastic job both individually and collectively and will, when the time comes, be hard acts to follow.

[bombadil79] 22/4/2013 15:54

Does anyone have any idea why we have dropped around 20% from our year high? Any research?

[dasv] 09/4/2013 08:10

Trading update in line

[bluebelle] 02/4/2013 14:30

Must admit I don't rate ii's research very highly (even though this one is positive about OXIG !).

[arja] 28/2/2013 14:32

boring stock lately but maybe just consolidating before a push higher !

[bluebelle] 19/2/2013 09:20

Picking up again after the post-IMS profit taking.

[bombadil79] 16/2/2013 16:01

There was a presentation for institutional investors on the 13 Feb:http://www.oxford-instruments.com/OxfordInstruments/media/global/investors/capital-markets-days/2013/Capital-Markets-Day-2013-All-Presentations.pdf