We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Gooch & Housego Plc | GHH | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 428.00 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 428.00 |
| Industry Sector |
|---|
| ELECTRONIC & ELECTRICAL EQUIPMENT |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 03/12/2024 | Final | GBP | 0.083 | 23/01/2025 | 24/01/2025 | 28/02/2025 |
| 04/06/2024 | Interim | GBP | 0.049 | 20/06/2024 | 21/06/2024 | 26/07/2024 |
| 05/12/2023 | Final | GBP | 0.082 | 18/01/2024 | 19/01/2024 | 23/02/2024 |
| 06/06/2023 | Interim | GBP | 0.048 | 22/06/2023 | 23/06/2023 | 28/07/2023 |
| 06/12/2022 | Final | GBP | 0.079 | 19/01/2023 | 20/01/2023 | 24/02/2023 |
| 07/06/2022 | Interim | GBP | 0.047 | 23/06/2022 | 24/06/2022 | 29/07/2022 |
| 30/11/2021 | Final | GBP | 0.077 | 20/01/2022 | 21/01/2022 | 25/02/2022 |
| 01/06/2021 | Interim | GBP | 0.045 | 24/06/2021 | 25/06/2021 | 30/07/2021 |
| Top Posts |
|---|
Posted at 03/12/2024 07:19 by simon gordon GHH - 3/12/24Despite this positive overall outlook for the Group, we remain cautious about some supply chain and commercial headwinds in the near term. The labour markets for talent in both the UK and US remain competitive leading to some supply side challenges that continue to frustrate the recruitment of the required talent, especially in engineering and technical positions. Global supply chain constraints, although better than in the recent past, continue along with an inflationary environment for wages, raw materials and energy all require diligent attention and agility. Whilst price increases have been passed onto customers in FY2024 to address most of these cost increases, cost inflation continues to impact the business and the ability to fully offset all cost base inflation through pricing actions is becoming more difficult in certain areas. - Cavendish - 3/12/24 Forecasts: No changes to our FY25 forecasts, recently updated for the acquisition of Phoenix Optical. We introduce FY26 forecasts based on revenue growth of 4.4% and margins firming to 11.1%, which drives adj PBT of £15.8m, while EPS of 47.5p shows YoY growth of 17%. With an improvement in cash generation, we look for year-end net bank debt further reducing to £7.8m. |
Posted at 05/10/2024 11:14 by simon gordon I don't know if GHH is involved with this but it's the kind of deal that Stuart Widdowson flagged on his last appearance on Vox Markets in August. It was a post liked by a GHH employee on LinkedIn.Excelitas Technologies Corp - September 2024 We’re delighted to announce that Defence Equipment & Support (DE&S) and Qioptiq, an Excelitas Technologies Corp. company, have signed a 7-year framework contract to deliver the ARILLS fused sighting capability to the UK MoD. The contract, which will be delivered by the Dismounted Close Combat team within DE&S, has a potential value of up to £120m ex. VAT. The framework allows the continued delivery of the proven TALON fused weapon sight. TALON brings together the benefits of both image intensified and thermal imaging technologies in a compact package providing users with 24/7 fighting capability. Critical In-Service Support for the sights will be managed through the Surveillance and Target Acquisition Support (STAS) contract, which Excelitas also delivers for the UK MoD. Initial orders worth around £30m are set to be placed, with future options to procure up to 10,000 systems over the contract life. Peter White, Managing Director at Excelitas, said, “We’re delighted that the British Army and DE&S continue to recognize the enhanced fighting capability that our TALON fused weapon sight delivers. We look forward to delivering this world leading system for the end users for many years to come, supported by our 650 skilled employees at our facility in North Wales.” |
Posted at 05/10/2024 08:50 by simon gordon Value,Laird was taken out in 2018, Charlie joined Stadium in 2011. Why would the BoD sell out now when they are so lowly valued and entering a period of strong growth and increased margins? It'd be sad to see another UK company sold cheaply. For instance, E2V installed a new management who focused the R&D and increased margins, Teledyne bought them and in the coming years, profits increased three times. OXIG is one of the rare ones where UK shareholders didn't chase a quick buck. GHH has a lot of potential and if shareholders are patient will be rewarded. If you look at the business and not the share price it has the ingredients of an E2V or OXIG. If UK shareholders had held onto ARM they'd be up five times now. Why are the British so keen to sell everything and not hold on to long-term wealth creation, we should look to the Swiss for inspiration. We are selling ourselves short. Also, the British fixation on dividends is limiting our growth potential. Here's what Stuart Widdowson said about the company - 31/7/24: "When we saw them in June, I don't think they've ever been more bullish about the medium- to long-term prospects. They have the order book to deliver sales this year through September, but as Ed mentioned, they are reliant on other people delivering materials to allow them to complete their work. Frankly, whether they miss their numbers this year slightly—by 5% or maybe 10%—is somewhat irrelevant for the long-term story. In fact, it's probably a massive buying opportunity. The bizarre thing is that everyone knows this might be the case, yet people are holding off, thinking there might be an issue. But in our experience, when that happens, because everyone is aware, they all rush in, and you might not be able to get any stock. So it's quite an interesting situation. The company's EV/sales ratio is, I believe, below one again. It should comfortably make a 15% margin. Historically, it has traded at two times EV/sales, which implies very significant re-rating potential. However, it does seem vulnerable right now if people don't start buying the stock. If I were on the company's board, I'd be dusting down my defense documents." Stuart Widdowson - 26/7/24 "The Holy Grail is finding a self-help situation in what is perceived, and has been, a low-growth business, and then actually getting it back up to intrinsic value while changing the dynamic. A really good example was E2V Technologies, which was the biggest contributor to performance in SEC. It was a global market leader with super niche technology, but had always underperformed in organic growth relative to its potential. They were spending the right amount on R&D, but much of it went to pet projects that never got commercialized. One of the key things the management team did, aside from operational improvements like implementing lean manufacturing— That’s ultimately why Teledyne bought the business. Unfortunately for us, I recently found out that Teledyne tripled the profits over the next five years after acquiring the company. So, it was likely sold too early. But that’s where you get the real home runs. To give you an idea of the numbers, from the time of investment to the exit and takeover, the shares went up sixfold, including dividends. So, if you can find a self-help situation and transform it from a low-growth business into a high-growth one, that's where you make the real home runs." |
Posted at 04/10/2024 20:23 by simon gordon RP19,I agree with you. The issue with Stadium was that it was a sub-scale, low-margin business. However, he seems to have had a solid track record at Laird. His ambitious nature likely drove him to take the opportunity to become a CEO of a PLC at 41, after a successful sixteen-year career at Laird. TTG thought highly of him and decided to keep him on. Now, at 54, he has likely built a deep network, and his extensive operational experience could be exactly what GHH needs to improve margins. Through his people network, he may be able to reshape GHH. One could argue that he is now in his prime. |
Posted at 04/10/2024 16:22 by simon gordon EI,Thought is best to reply to you on this thread. "Simon, i had a listen to the GHH Q&A and could get little clear sense of a turnaround - perhaps that's a fault in my interpretation. What I do know is OIT are very sharp and may see a high probability of a bid." I don’t believe OIT acquired GHH for a short-term bid trade. They recognize the growth potential and the opportunity to restore margins to the mid-teens. According to OIT, GHH has historically been valued at 2.2 times EV/Sales. For 2024, it's valued at 0.9x, and for 2025, it's 0.83x. There’s always a risk of a takeover. From what I can observe, the newish CEO has recruited a talented team, which should start delivering results in 2025, with even stronger performance in 2026. Photonics is a growth industry, GHH is moving up the value chain, and the Defence division is positioned for robust growth, according to OIT. The company is currently trading at a P/E of 10x for 2025, and it’s a high-quality business. Time will tell if Charlie Peppiatt can truly get things firing. Based on the world-class executive team he’s assembling, I think there’s a good chance of success. Stuart Widdowson @ OIT - 15/8/24 “We met with the management team quite recently. They have a September year-end and are quite H2-weighted this year. There are some questions about whether they will roughly meet their targets this year. However, the management team's view for the next two or three years is radically different. They see substantial growth, not just as the destocking ends, but also due to new applications, particularly in some defense areas.” The CNC rejuvenation has taken three years to gain momentum. GHH is at the two-year mark. Year three is the point where you can judge if the CEO is delivering on his strategy. The macro backdrop looks relatively benign for 25. New CEO at CNC; -6/21: 92.5p -6/22: 75p -6/23: 65p -6/24: 102p New CEO at GHH: -9/22: 575p -9/23: 508p -9/24: 450p I’m hoping CNC really gains momentum in 2025 through 2028 as the investment in growth starts to pay off. GHH is also investing for growth, and it should deliver results in the coming years. The more I examine Charlie Peppiatt’s strategy, the more I believe he possesses some of the qualities of an "Intelligent Fanatic." The most important factors are recruiting highly talented executives, incentivizing them effectively, and having a clear overarching message for employees. Charlie is successfully implementing all three. |
Posted at 04/10/2024 08:32 by simon gordon Hi Wiltowin,I was wondering if you were still in. GHH has faced two challenges: de-stocking and the lack of profitability in the Defence division. According to GHH, they expect re-stocking to begin soon. It seems they are reorganizing the Defence division with the acquisition of Artemis and the sale of EM4. Management says the problem with Defence is labour efficiency which they are working to improve. Stuart Widdowson mentioned that the company anticipates significant growth in this division as global defence spending surges. |
Posted at 29/9/2024 11:54 by simon gordon EI,One outside factor to be aware of is Germanium. China controls 60% of the market and has reduced supply in response to the US chip war. Price has risen. China doesn't mine it, it refines it. The West could up its output but it's not a big market. Gallium, China controls 98% of the global market but I'm not sure if GHH use it, they do use Germanium. In the GHH Interim Q&A with the CEO, he mentions that they have recruited a new General Manager for one plant (33.30), which is the one in Moorpark. That's Bill Keating who I posted about yesterday. He should have just about knocked that plant into shape by now. In the Interim report, the CEO has highlighted the change underway in the benchmarking goals. It helps to build a picture of what is happening now and in the future. |
Posted at 28/9/2024 15:05 by simon gordon Looks like they're investing in the American sales organisation:-Global Sales Sr Director, Photonics Division Fremont, CA -Business Development / Sales Manager, Photonics Division Fremont, CA -Global Sales Sr Director, Life Sciences Division Rochester, NY -Director of Sales US - Life Sciences Division Rochester, NY -Technical Sales Rochester, NY -Sales Engineer Rochester, NY Rochester is probably getting a lot of investment with the appointment of Bryan Bothwell, who sits on the Executive Management Team board: Sarabjit Singh on LinkedIn comes across as highly intelligent. He will make the GHH sales organisation into a hyper-professional and high-performance entity. He is top dollar! ------ The newish guy heading up G&H Moorpark looks top quality: joined 11/23: Bill Keating |
Posted at 28/9/2024 12:18 by simon gordon An example of how GHH are going up the value chain:Stratos Kehayas - Sept. 2024*: Our Fiber-optics facility in Torquay, UK has completely transformed this year to enable the evolution of the site into a value-add OEM sub-system manufacturer. New high reliability modules containing G&H components under the hood are in full production - the site is buzzing! I am extremely grateful to our customers for the close collaboration and trust they have showed us in growing our businesses together. Nothing more satisfying than a strategic plan coming together with teamwork and hard work. A big shout out to everyone in our Torquay site for making this happen! *Source: LinkedIn The lower margin product that the factory previously produced has been moved to Thailand where they have GHH staff, this move has been years in the making, here's one employee who has moved from the UK to Thailand: They now have more capacity for that product. The factory in Torquay seems to be going well as they are recruiting strongly at the moment. |
Posted at 04/9/2024 19:06 by simon gordon GHH:- R&D effort and investment behind the following seven vital few areas:1. Expansion of AO technologies into Semiconductor and EUV. 2. New medical laser technologies and applications. 3. Advanced fibre technology supporting submarine networks. 4. Imaging and sighting systems. 5. Added value around our precision optics and optical coatings capability. 6. Moving up the value chain in Fibre-Optics with a focus on sensing, modules, LiDAR. 7. Medical diagnostics and bio-photonics IVD solutions. -Source: GHH Prelims, 5/12/23. ------ Point six described by ChatGPT: Fiber-optic technology is increasingly being utilized in various advanced sensing applications, LiDAR systems, and integrated modules, driven by the need for high precision, reliability, and fast data transmission in various industries, including defense, automotive, telecommunications, and industrial automation. 1. Fiber-Optic Sensing Overview: Fiber-optic sensors are used to measure physical parameters such as temperature, pressure, strain, and vibration. These sensors are valued for their immunity to electromagnetic interference, high sensitivity, and the ability to operate in harsh environments. Applications: Commonly used in infrastructure monitoring (e.g., bridges, pipelines), aerospace, and military applications where real-time, accurate data collection is crucial. Technology: Distributed Fiber Optic Sensing (DFOS) is a significant area of growth, enabling continuous monitoring over long distances, which is critical in industries like oil and gas and power transmission. 2. LiDAR (Light Detection and Ranging) Overview: Fiber-optic technology plays a crucial role in LiDAR systems, which are used for 3D mapping, autonomous vehicles, and environmental monitoring. LiDAR systems emit laser pulses that bounce off objects, and the returning light is captured and analyzed to create high-resolution maps or detect objects. Advantages: Fiber optics enhance the accuracy and range of LiDAR systems, making them essential for autonomous driving technologies, where precise object detection is critical for safety. Emerging Trends: The development of solid-state LiDAR, which uses fiber optics for light transmission, is gaining traction due to its robustness and scalability for mass production in the automotive industry. 3. Fiber-Optic Modules Overview: Fiber-optic modules are critical components in telecommunications and data centers, providing high-speed data transmission with low latency. These modules include transceivers, multiplexers, and amplifiers. Applications: They are used in high-speed internet infrastructure, cloud computing, and expanding 5G networks. In defense, they are used in secure, high-speed communication systems. Innovation: The push towards faster and more efficient data transmission has led to innovations in dense wavelength-division multiplexing (DWDM) and coherent optics, which enable higher bandwidth and longer transmission distances. Future Prospects The integration of fiber optics in sensing, LiDAR, and modules is expected to grow rapidly, driven by the demand for higher precision, reliability, and data rates in various applications. The continued evolution of autonomous vehicles, smart cities, and advanced telecommunications will likely further accelerate the development and deployment of fiber-optic technologies. ----- It could be that Fiber-Optic Modules are the product that will experience explosive growth in GenAI data centres. Tech investor Gavin Baker talks about optics from the 21 minute mark: Vidrio Financial- 1/7/24 Thematic Investors: Gavin Baker Blending Sci-fi, History and Literature for Tech Investing Success The actual text tidied up by ChatGPT: "A significant challenge right now is that there are only three locations where it's feasible to establish large-scale data centers. The industry has moved beyond 100-megawatt data centers and is now focusing on 1-gigawatt and even 5-gigawatt facilities, which may be necessary to support AGI, GPT-6, XAI 3 or 4, or similar advanced technologies. However, in the United States, there are only three sites where nuclear reactors are close enough together to provide the required power for such data centers. Beyond these sites, the alternative would involve linking separate power plants, which absolutely requires optical technology. This presents a significant challenge because it necessitates the creation of what's called a "coherent cluster," which, as of now, can only be achieved within a single data center at a single location. Given the limited number of suitable sites, many are working hard to develop ways to make clusters coherent across long distances and multiple data centers. The only viable solution for this will involve advanced optical technologies. Moreover, as data centers continue to expand, we are likely to see facilities the size of ten Pentagons, standing ten stories high, and consuming five or six gigawatts of power. In such enormous data centers, coherent optics will be crucial both within the data center and across multiple locations, representing a radical shift in data center architecture—a ----- Does anyone know if GHH are pitching for this type of business? |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
