Gooch & Housego Share Discussion Threads

[mangal] 04/7/2007 15:05

Has been rising recently & broken out. something afoot?

[miked500] 04/7/2007 15:01

rising nicely! anyone still interested?

[mangal] 05/6/2007 15:09

Isn't this a takeover target any longer?

[walthera] 05/6/2007 12:38

Hello Stef.

I don't think you'd be wrong to come back on the shareholders list again.
I picked up a further 1,000 a little over a month ago at 430p and will be happy to tuck them away and will be even happier when the profits start rolling in from the expanded production facilities due for completion later this year and not too far from where I write this message!

Walt.

[stefield] 05/6/2007 11:09

hi walt & garth
beat me on both counts !!!
in at 75p and out at 180p :(
anyway, i still look in from time to time and am very happy for the company and you guys who stayed with it.

[walthera] 05/6/2007 11:00

A solid little company confirming that it is on the right lines and going places as it continues to acquire and expand within its means.

Happy to have come in at 71.25p in 2002 and added regularly. Pity the shares are not in my ISA!!!!!!

[garth] 05/6/2007 08:48

Revenue only up a tad but a big rise in EPS announced this morning...

[garth] 14/5/2007 14:17

Just can't resist this one I'm afraid. For old timers who remember Mr Gooch's optical/acoustic switch in the attic ;0)

[jaspoland] 08/5/2007 11:45

Sold out recently as it was looking a bit toppy, But GHH record on buying companies has been very shrewd over the years. Great management team and I wish all still in the best of luck.

[walthera] 08/5/2007 10:01

Great news ..... no effect on the share price ....YET.
Time for a top up methinks.
W.

[garth] 08/5/2007 06:36

They are really going for it aren't they:

RNS Number:1863W
Gooch & Housego PLC
08 May 2007


For immediate release 8 May 2007




Gooch & Housego PLC


Acquisition of SIFAM Fibre Optics Ltd


Gooch & Housego PLC, the specialist manufacturer of optical components and
systems, today announces that it has acquired 100% of the issued share capital
of SIFAM Fibre Optics Ltd ("SIFAM") for a consideration of #5.0 million.


SIFAM is the global technology leader in fused fibre technology. It manufactures
a broad range of passive and active fibre optic components, and integrated
modules and systems incorporating fibre optics, sources, detectors and
associated electronics. The principle markets addressed by SIFAM are
telecommunications, biomedical, industrial and aerospace and defence. SIFAM is
the market leader in high-reliability fused fibre products for submarine
telecommunications applications.


SIFAM Fibre Optics Ltd was founded in 2002 following a management buyout of JDS
Uniphase UK Ltd.


SIFAM occupies modern, well-equipped facilities in Torquay, Devon, where it
employs 93 people engaged in research and development and low-volume
manufacturing of specialised products and systems. Higher volume products, for
example those for terrestrial telecommunications applications, are out-sourced
to a manufacturing partner in the Czech Republic.


For the 12 months ended 30th September 2006, SIFAM had audited revenues and
profit before tax of #3.9 million and #0.22 million respectively. The
consideration of #5.0 million was satisfied by a combination of cash and shares
in Gooch & Housego PLC, with the management shareholders taking shares. All
members of the management will continue with the business. We expect the
acquisition to be earnings enhancing in the first year.


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


"SIFAM has an experienced management team, a capable workforce and a world-class
product range. The fit with Gooch & Housego in terms of products, technologies
and markets is excellent.


For Gooch & Housego, the addition of an in-house fibre optics capability will
allow us to extend our product range and address new applications and markets.
In SIFAM we have not just acquired a capability in this field; we immediately
become a world leader in several key aspects of the technology.


Looking forward, there is a high degree of convergence between the technologies
and products that Gooch & Housego has identified in its roadmap, and those that
SIFAM is active in. For example, the industrial and medical laser market is very
important to Gooch & Housego, and fibre lasers is the fastest growing sector of
this market. SIFAM is a key supplier to all of the world's leading fibre laser
manufacturers, and I would expect further products to result from a programme of
joint development with Gooch & Housego.


Similarly, in the biomedical and life sciences arena, the activities of both
businesses are highly complementary. We now have the ability to address a number
of exciting new opportunities in the fields of microscopy and diagnostic
instrumentation by combining the technologies and resources of Gooch & Housego
and SIFAM."


This transaction is a substantial transaction under Rule 12 of the AIM Rules for
Companies (the "AIM Rules).


This announcement is made in accordance with Rule 12 and Schedule 4 of the AIM
Rules.

Contacts:

Gareth Jones, Chief Executive Officer 01460 52271
Tim Thompson / Susanna Gale, Buchanan 020 7466 5000
Communications
Scott Richardson-Brown, Oriel Securities Ltd 020 7710 7600

[walthera] 14/2/2007 12:13

Here is the Trading Statement.
Looks like we are in for more of the same i.e. onwards and upwards but in a more streamlined and efficient environment.
W.


For Immediate Release 14 February 2007

Gooch & Housego PLC
(The "Company")

Progress Update for the Annual General Meeting

Gooch and Housego PLC, the specialist manufacturer of acousto-optic and
electro-optic devices, precision optical components, crystals, instruments for
measuring optical radiation and hyperspectral imaging systems, today announces a
progress up-date.

Market conditions have continued to be favourable and trading for the first four
months of the year is at expected levels.

The reorganisation of our optoelectronic materials and components businesses is
progressing well and is on target to be completed by the end of the financial
year. Internal changes to business processes, IT systems and management
structure are currently being implemented and will yield improved efficiency.
Additionally, by operating as a unified and re-branded business, we are
establishing greater market presence that is allowing us to support our
customers more effectively. Overall, the objective is to create a structure
capable of sustaining growth, both organically and by acquisition.

ChromoDynamics Inc is on target to launch its first product, a spectral imaging
system for use in microscopy, in the second quarter of the year. It will find
applications in biomedical research in commercial laboratories, hospitals and
universities. In parallel, the company is continuing to investigate applications
of the system in medical diagnostics for the early detection of disease.

The first phase of the new factory development in Ilminster, UK, comprising
renovation work, flood defences and demolition work, has been completed. Work on
the final phase, construction of a new purpose built manufacturing facility, has
commenced and all UK manufacturing and corporate activities will be relocated to
the new facility by the end of 2007. The sale of the existing premises in
Ilminster has been agreed and contracts exchanged.

In summary, Gooch & Housego is where it expected to be at this point in the
year.

For further information, please contact:

Gareth Jones, Chief Executive Officer 01460 52271

Buchanan Communication Ltd
Tim Thompson/Susanna Gale 020 7466 5000

Oriel Securities Limited
Andrew Edwards 020 7710 7600



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

[mangal] 08/2/2007 13:23

Good to see the rise today; have been waiting for this a long time. Should soon appear in the top %-risers & get more noticed.

[garth] 08/2/2007 12:18

Nice staircase formation developing - is that MM's 'walking it up'? ;0)

[jaspoland] 08/2/2007 12:05

Hoping for a trading statement within the next 2 weeks if last year is anything to go by.

[kingsize] 08/2/2007 12:00

At this rate, jaspoland, you will get there in a very rapid "medium" term indeed. Up 17% since the last meaningful news in November. Not that I'm complaining; since I bought my first lot of these at 375 on the way down towards 100 it has ben something of a roller coaster ride.

[jaspoland] 16/1/2007 14:15

Very few shares available as 60% held by nominees/gooch family. Excellent results and prospects. Looking at £5 medium term imho

[walthera] 16/1/2007 12:59

Has anyone any ideas on why the share price has risen today?
I'm not complaining but just wondering why as a large (for me) holder since Sept '02 when first bought at 71.25p and now it's a large chunk of my portfolio.

W.

[jaspoland] 23/12/2006 10:31

Garth,

Hope your right. Shame we missed out on press coverage of the latest results but maybe we will see Gooch appear in the new year tips.

Mangal,

I believe Gooch appears to fly under the radar which is a shame. But with very few shares any sudden interest and we will fly.

Good luck to all and best wishes for christmas and a peaceful new year

[garth] 23/12/2006 08:13

Looking very nicely set at £4 Perhaps we will revisit 2000 heights again yet! :0)

[mangal] 22/12/2006 16:46

sp is about to breakout & no interest? Strange!

[wahlenm] 29/11/2006 08:02

Although the results are ahead of expectations there are warning signs. Results obtained in favourable market conditions. They are not yet in the new factory which they hoped to be last month. This is not expected to happen till end next year. Up go costs and the old factory inefficencies continue. Flat profits next year at best.

[garth] 29/11/2006 07:41

Look to be very enviable results:

Gooch & Housego PLC

PRELIMINARY RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2006

"Sales and profit ahead of expectations"

Gooch and Housego PLC, the specialist manufacturer of acousto-optic and electro-
optic devices, precision optical components, crystals, instruments for measuring
optical radiation and hyperspectral imaging systems, today announces preliminary
results for the year ended 30 September 2006.

Financial Highlights

* Group turnover increased by 14% to #25.36m (2005: #22.32m)
* Profit before tax and before charging goodwill amortisation increased by
#1.13m to #6.15m (2005: #5.02m)
* Basic earnings per share increased by 25% to 20.1p (2005: 16.1p)
* Operating profits for the Group improved by 21% to #5.74m (2005: #4.76m)
* Final dividend increased by 8% to 4.2p (2005: 3.9p)

Operational Highlights

* Very strong performances by NEOS Technologies Inc and Cleveland Crystals
Inc
* Acquisition of ChromoDynamics Inc
* Major reorganisation of optoelectronic components activities underway
* Appointment of Dr Julian Blogh as non-executive Chairman
* Developments of products and applications at ChromoDynamics Inc
progressing well

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

"In favourable market conditions, demand for our products has been high and we
have reinforced our position as market leaders in several key product areas. We
have embarked upon a number of initiatives aimed at sustaining growth and we
have begun to open up some exciting new markets through the Acquisition of
ChromoDynamics Inc.

[f880gna] 19/5/2006 16:36

The usual volatility on low volume. That was a good opportunity this week.

[walthera] 18/5/2006 09:12

Use the dips to add to your holding.
Yesterday there was an ideal opportunity (that I used) as this one is going to reach new highs.
Awaiting with interest next month's interims.

PS Long term hold and add since 2002 when I first bought at 71p.