|Gooch & Housego
||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
Gooch & Housego Share Discussion Threads
Showing 826 to 846 of 850 messages
|Hi Woody: Nope, I've been interested in GHH for about 10 years - bought in off and on. Glad to see "great minds think alike" lol!|
net you following me around or me following you?
First half revenue growth has been very good, albeit benefitting from a favourable foreign exchange environment and a relatively weak comparator period. Further investment has been necessary to enable us to take advantage of a strong order book.
Our order book stood at a record GBP66.6 million, as at 31 March 2017, which represents an increase of 70.5% compared with the same time last year. Excluding the impact of foreign exchange and acquisitions this represents an increase of 17.2% over last year.
We are pleased with the overall performance of our recent acquisitions. Kent Periscopes and Alfalight were acquired last year and StingRay was acquired in February of this year.
Our performance improvement programme has progressed well. Lean manufacturing is now adopted more broadly across our sites, we have continued to benefit from concentrating our R&D effort on fewer high return projects and enhanced business development activity.|
|...big day tomorrow..
Is it close season/ update/ results?
|are we due a trading update on Wednesday?|
|added again yesterday
|added again yesterday
|Nice for John Lee. I bought at 67.5p
Time to post another BATM vs GHH comparison graph? Come along way from the'loft'...
|some of their capabilities are said to be unique but don't know which ?subsea cable connections, which might have something to do with their strong share price; John Lee's holding is a 10- bagger since 2002 a/c to the FT,|
|Excellent management, rock solid balance sheet, hi-tec largely dollar earner: what's not to like. Well the share price rise of over a third in the last 50 trading days including the 6% today makes a p/e of 36 (according to Sharescope) and that suggests something in the wind to me. But of course wthdik.|
|went out for the afternoon and nice to come home to a decent move
|Looks like they are on a march again today.
On the face of it these are not cheap however their long term track record quickly changes that story. I bought at around the lows last year after their first half slowdown that price looks cheap now.
With the upside from the first half in the back I reckon that if I bought now it would be at the same rating as last summer - despite the increase.|
|Initially I too have would have favoured a share split. however share spilt may improve liquidity and the share price but it could also be detrimental in that more trades will take place and tempt the traders. With such a small free float most buyers tend to be sticky long term holders which shouldn't be ignored.
i added again late on yesterday
Finncap broker note out share price 1230p
|Agreed Woody. This is one of my favourite IHT exempt holdings.
Liquidity is a problem. When AIR split their shares by giving four new for every one old share, I was a bit dubious. Logic says it should make no difference to trading since market cap is unaltered. Seems I was wrong; the stock market and logic don't always coincide.
Same might apply here with GHH, and a share split would make sense imo.|
|yep great news, accumulate on the pull back.................if there is one.
If the beginning of this fiscal year is ahead of last year my some margin then i figure they're being very conservative at this stage in stating only meeting their expectations, a lot more in the tank here imo.
|Great trading statement - should have much higher first-half results by the looks of it.
Good to see the acquisition too. Especially as they are not over-borrowed. I like the thought of more added value products as that will drive revenue/profits longer term.
Look at the long term chart - these are on a march and have been for 10+years and it looks like continuing.
My holding is small at the moment and will be looking to add on any weakness.|
|Impressive TA there! Wonder what's behind this breakout.|
|accumulated a few more
|picked a few up recently
free stock charts from uk.advfn.com|
|from another place whose name contains the letter i repeated:
AIM's most obvious takeover targets
Gooch & Housego (GHH) is a world leader in the photonics technology market with manufacturing bases in the UK and US. The company covers the whole spread of activities from research to manufacturing components and systems for customers. The customer base covers, aerospace, defence, life sciences, industrial and scientific markets.
There are not many opportunities to acquire a business like Gooch & HousegoIndustrial still dominates revenues, but defence and life sciences are both growing strongly.
Nearly three-fifths of revenues are generated in US dollars from North America and Asia Pacific. This year the company had a weak first quarter but stronger trading since then means that there will be profit growth this year.
Gooch & Housego has one of the higher ratings among the companies in this article, but there are not many opportunities to acquire this type of business with its spread of activities and sectors.
Recent add-on acquisitions have widened the group's capabilities and increased exposure to the defence sector. Net cash will still be £12 million at the end of September 2016 even after these purchases. The shares are trading on 22 times prospective earnings for the year to September 2016, falling to 20 next year.
The shares are not a bargain on the basis of the short-term prospects, but this is a quality business that deserves a rating that reflects its strong market position.|
|so where to now with the share price of GHH. Through to double figures - I'll be honest and say I don't have a clue what this company does but I bought a stack of them in the "Archie" days - guess that was 15 years ago. There was an impressive little Sunday Telegraph snippet at the time about GHH which drew my attention. Anyway I sold half the stack to buy a flat and retained the other half for that red ferrari. I've had some losers of course but the success of GHH make them a blip. They say research - I say gut instinct and LUCK! Enjoy the ride!|