Gooch & Housego Share Discussion Threads

[jan-mar] 27/8/2005 08:09

garth

i remember being 30k up in one week with these, glad they are still going well.

[cockneyrebel] 26/8/2005 19:01

A breakout today - closed virtually on the days high too.

CR

[philjh] 26/8/2005 07:22

jaspoland - many thanks indeed - seemed the most likely reason on a Friday I thought !!

[jaspoland] 26/8/2005 07:13

Been tipped in IC today.

[philjh] 26/8/2005 07:06

biggish spike up this morning - anyone watching? - anyone any info? - been climbing steadily of late - I'm a long term holder

[garth] 08/6/2005 06:10

GOOCH & HOUSEGO PLC

INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2005

"An excellent start"

Gooch & Housego PLC, the specialist manufacturer of acousto-optic and
electro-optic devices, precision optical components, crystals, and instruments
for measuring optical radiation, today announces interim results for the six
months ended 31 March 2005.

Financial Highlights

* Group turnover for the half year increased by 23% to #10.90m (2004:
#8.87m)
* Profit before tax * increased by 56% to #1.98m (2004: #1.27m)
* Basic earnings per share * increased by 48% to 7.4p (2004: 5.0p)
* Year end net funds of #0.43m (2004: net funds of #0.33m)
* Interim dividend increased by 8% to 1.3p (2004: 1.2p)


*after goodwill amortisation

Operational Highlights

* All Group companies performing well
* Optics and acousto-optics leading the way
* Production increased and leadtimes reduced
* Purchase of land and buildings in Ilminster for the development of a
new UK manufacturing facility and headquarters.


Gareth Jones, Chief Executive of Gooch & Housego, commented,

"We continue to be optimistic about the future. The quality, performance and
competitiveness of our products, which is demonstrated by our leading position
in several market sectors, underpins our confidence and is the basis for a range
of opportunities for organic growth. We are also looking out for acquisition
opportunities that complement our existing strengths and take us into new
markets."

[garth] 06/6/2005 10:48

Indeed they were :0)

But silly old me stuck some of the profits in DUC at £20 when what I should have been doing was selling the ones I bought at £7! :0P

Older and wiser now tho ;0)

G.

[kingsize] 06/6/2005 09:13

Ahh, those were the days!

[garth] 18/5/2005 09:56

I know most of you newbies are using the other thread - which is great - but FWIW I've updated the header on this one for any traditionalists such as myself who remember buying at 70p taking some profits at 600p and topping up again at 70p ;-)

[f880gna] 11/5/2005 19:07

Looks like a middle finger to me.

[yump] 11/5/2005 09:11

Well its got the shoulders now !

Starting to look undervalued now, considering going back in, but the chart has spooked me. Haven't looked at it properly since selling - anyone know anything bad been announced ?

Interims 8th June, earlier statement said on target.
So approx 14p eps and a current p/e of around 12.
With a chart like this though, think I'll wait till interims - shouldn't need to rush to buy at a reasonable level if results OK.

[yump] 01/4/2005 08:09

Odd looking chart now - some sort of horror shoulderless head ?

[walthera] 01/4/2005 08:01

......and here is the news


RNS Number:4386K
Gooch & Housego PLC
01 April 2005


1 April 2005

GOOCH & HOUSEGO PLC

New Global Headquarters Site Update

Gooch & Housego, the specialist manufacturer of acousto-optic and electro-optic
devices, precision optical components, crystals, and instruments for measuring
optical radiation, today announces that it expects to complete the purchase of
land and buildings at Dowlish Ford near Ilminster, currently comprising 67,000
sq ft of buildings on 7.8 acres of land, on 6th April 2005. This represents a
milestone in the history of Gooch & Housego allowing extensive scope for
expansion and securing the company's long-term future in Ilminster.

The site will be developed through a mixture of renovation and new purpose built
facilities to become the Company's global headquarters and UK optical
manufacturing facility. The re-development will commence this summer, with full
occupation expected by financial year-end, September 2006.

The new site, currently owned and until today operated by Clarks, the shoe
manufacturer, is located close to Gooch & Housego's existing 25,000 sq ft where
the Company's expansion has been restricted by a lack of space and inefficient
workflows. The Company's high precision optical products are finished in an
ultra clean environment to achieve the very high quality demanded by our global
customer base. The new factory will provide this environment and improve
efficiency, while investment in new plant and machinery will allow the Company
to expand its operations and create the showcase facility originally envisioned
by co-founder Archie Gooch, who has recently retired as Chairman.


For further information:
Gareth Jones 01460 52271
Gooch & Housego PLC

Andrew Edwards 0207 710 7600
Oriel Securities

Tom Carroll/Nicola Cronk 0207 466 5000
Buchanan Communications


This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSDUFMFSISEID

[walthera] 31/3/2005 09:27

The local press in Somerset state that Clarks have produced the last pair of shoes at their Ilminster factory (to be displayed at the Shoe Museum next to Clarks Village shopping outlet at Street, Somerset) and the factory at Ilminster will close tomorrow, 1 April.
There was no further news regarding the subsequent use of the factory site but I would expect that news to come in due course from G & H rather than Clarks.

[f880gna] 21/3/2005 18:13

Fairly typical of the volatility that affect GHH, it's not exactly the most liquid of stocks. Good opportunity if it falls any further, bottom of the trendline looks like circa 190.

I make today's volume rather more than usual.

[yump] 21/3/2005 11:42

Not much volume showing - bit of a surprise. Thought it had topped when sold at 225 but I expected a kind of civilised retreat. Wasn't overblown or anything.

[philjh] 21/3/2005 10:42

ouch !! - is this just profit taking ?

[walthera] 15/3/2005 13:12

What results are these, rafieh?

Year end is 30 September and half year end is 31 March.
Interim results are expected to be announced around 16 June.
There may be more information before then regarding the appointment of a new chairman and also regarding the new factory site.

[rafieh] 11/3/2005 09:04

Results due on 22/03/05, should see this above 240P.

[walthera] 10/3/2005 16:59

Topped up and as soon as I did then up went the share price Is there some shortage of shares or are the mm's just playing games?

[yump] 10/3/2005 15:07

Given that the share price is solidly backed up by earnings, I can imagine it might dip to around the 210p mark. I've only sold because I think its bounced off the top trendline and if it was going to go up to say 280p it would have headed off there already, but mainly I've got another home for the money !

[walthera] 10/3/2005 12:46

Paused for a breather as expected after the satisfying rise however the current fall in the share price represents a "buying on the dips" opportunity that I for one will take advantage of before long.

[yump] 10/3/2005 09:36

That's me out - doesn't look like its going to high 200's which is what I'd hoped for and its had a very good run. Could still get a p/e of 20 x the 15p, but someone else can have that.

[kingsize] 18/2/2005 12:56

Walthera,
Thanks for that - somehow it had passed me by.