Gooch & Housego Share Discussion Threads

[garth] 17/6/2008 08:49

Eps down circa 30%.....

[honiton] 12/6/2008 21:20

any comments on this one. results soon...

[3800] 09/4/2008 08:19

The news certainly appears to have been favourably recieved by the markets. I have wondered if the drift down in the share price over the last few months was entirely due to sellers taking advantage of the 10% tax band on CGT nothing wrong with the company as far as I can see.
John

[rawdeal1] 09/4/2008 07:34

Should see a bounce

For immediate release 9 April 2008

Gooch & Housego PLC
(The "Company")

Half-Year Trading Update


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
trading up-date for its half-year to 31 March 2008.

During the first half of the year we integrated our five optoelectronic
components businesses and established a new global sales organisation, enabling
us to grow our order book despite challenging market conditions. As previously
reported, weakness in some of our main markets resulted in trading during the
first quarter being slower than expected but we have seen considerable
improvement in the second quarter and we are anticipating a stronger second half
year. We remain optimistic about the medium term given our market leading
position, our pipeline of new products and our plans for the ongoing development
of the business.

[garth] 31/3/2008 10:20

Hhhmmm, does that mean the trend is still intact?

[garth] 27/3/2008 14:37

Thats not a bad bounce :0)

[geovest] 27/3/2008 13:40

And *pop* she goes... Good thing I bought 'even' more this morning.

[garth] 27/3/2008 09:47

Carrying on up today.....

[geovest] 26/3/2008 15:57

Garth, given that the share price started to move up before the last 25k went through may be an indication that the overhang has been cleared. If so, we should see some recovery building over the next week or so. Lets hope!
G

[garth] 26/3/2008 15:06

Can't disagree with your reasoning Geovest - except that someone still looks to be off-loading 25K chunks.... I'd expected to see £3. I hadn't expected to see 250p. I took the opportunity to add a few, but I'm not convinced we've seen the bottom yet.

G.

[geovest] 26/3/2008 14:59

I think there is/was a persistent seller getting rid of a line of stock with no buyers of substance around. I've stuck my neck out today and topped up quite a bit as I can't see any real reason for the decline over the last few weeks. On a 2008 PE of 9, I think the stock has limited downside and very substantial upside over a 12 month period.

[walthera] 25/3/2008 13:10

Share price has halved in less than six months.

What's the cause, except for some general market malaise, as the news at last month's AGM was not particularly downbeat.

Could it be a sell off by investors, including those related to the company founders, to avoid the opressive CGT changes on AIM and business assets that come into force on 6 April.

W.

[garth] 18/2/2008 16:09

Strong rebound...

[garth] 15/2/2008 06:53

The shares are still dragging lower. 300p is 15x earnings and I still think they will get there. Still holding - and waiting at some point to top up again.


AGM Statement




RNS Number:8663N
Gooch & Housego PLC
13 February 2008



For Immediate Release 13 February 2008




Gooch & Housego PLC

(The "Company")


Progress Update for Today's Annual General Meeting


Gooch and Housego PLC, the specialist manufacturer of optical components and
systems, today announces a progress up-date.


After a slower start to the year, demand is strengthening and order intake
during the first few weeks of 2008 has been encouraging. Several of our key
Q-switch customers have placed long term (12 to 24 month) orders and we have
also secured a number of important design wins, most notably for fibre optic
components and modules from markets as diverse as biomedical,
telecommunications, aerospace and defence. As a result, our order backlog is 14%
higher today than it was at this time last year, and more than 15% higher than
at 1st October 2007.


While the outlook remains favourable, sales of our acousto-optic products during
the first quarter were lower than for the same period last year. The indications
are that this was a temporary slowing of demand brought about by higher than
normal inventory levels at some of our customers, the cyclical nature of certain
key markets (semiconductors and microelectronics) and the uncertain economic
climate. We are now working to make up the ground lost in the first quarter and
we are expecting improved revenues in the second half of the year.


Last month we launched our new, integrated components and materials business
combining the activities of Gooch & Housego UK, Cleveland Crystals, NEOS
Technologies, Landwehr Electronics and SIFAM Fibre Optics. As a $60 million
annual revenue global optoelectronics business, we have enhanced our market
presence, extended our global reach and reinforced our position as a leader in
our field. The integration was well received by customers, who are supported by
a new 18 strong sales and product management team, including newly opened sales
offices on the West Coast of the USA and in Hong Kong.


As a fully integrated business we have also been able to embark on important new
product development programmes that draw upon skills from several of our
operating locations. The first products will be available towards the end of
this calendar year and are expected to make an immediate contribution to
revenues. In addition to organic growth via new product introductions, we are
continuing to take a proactive approach to acquisitions in order to facilitate
access to new markets.


To support our growth plans we are creating additional manufacturing capacity.
We recently began the relocation to our new factory in Ilminster which will more
than double usable manufacturing space. In Torquay we have embarked on a factory
extension that will provide 35% more space.


In summary, despite a slower start to the year, we remain optimistic about the
long term prospects for Gooch & Housego based on the feedback we are receiving
from our customers and supported by changes we have introduced in recent months
to strengthen the business and our market position.

[rawdeal1] 17/1/2008 22:59

Definitely nothing to do with the company, and everything to do with the markets. Only prob with G&H, is, it is a tightly held share, so only a little selling can produce a large dip.

I will be waiting to top up.

[walthera] 17/1/2008 15:42

Just topped up as I doubt there will be few future chances to so sub 360p.

W.

[f880gna] 17/1/2008 15:28

Anything still showing a profit getting liquidated? And G&H is not a liquid share so any sustained selling will always impact hard.

Disconcerting but probably not company specific.

[garth] 17/1/2008 13:48

Lots of solid profitable small caps are now trading at 10x prospective earnings. That would suggest a price closer to £3 for GHH. And at that price I'd have thought they were a steal..... I continue to hold.

G.

[walthera] 17/1/2008 12:11

Any ideas why the share price has been hammered in recent weeks?
No bad news, a little good news regarding the SIFAM order but the share price goes down and down.
I'm thinking of topping up but is there some leaked bad news out there?

W.

[rawdeal1] 07/1/2008 07:35

Very nice too ...


Significant order for submarine telecommunications components


Gooch & Housego PLC, the specialist manufacturer of optical components and
systems, today announces that its subsidiary SIFAM Fibre Optics Ltd ("SIFAM")
has received an order valued in excess of US$900,000 for high reliability
submarine telecommunications components.


SIFAM, acquired by G&H in May 2007, is the global technology leader in fused
fibre technology.


This order is the result of renewed growth in this highly specialised sector of
the telecoms market linking countries and major cities with undersea fibre optic
cables. The requirement comes on top of the increasing levels of demand seen
throughout 2007, further reinforcing SIFAM's position as the market leader in
high reliability fused fibre products for submarine telecommunications
applications.

[garth] 04/12/2007 07:43

24p eps. Current markets choppy - profit taking not surprising IMO. I have to say that I would not be too unhappy with further falls - many good stocks are currently trading much closer to 10x eps and if the market continues to lose its appetite I'll be happy to take advantage......

G.

[f880gna] 28/11/2007 16:41

Profit taking, not unusual with G&H.

However, I'm not entirely comfortable with the acquisition strategy purely on the general basis that the biggest winners tend to be the former shareholders of the acquired companies.

[walthera] 27/11/2007 15:05

It gave me another excellent buying opportunity this morning so I added and look forward to an even larger final dividend than last year.
Very happy to continue holding.

W.

[goodgrief] 27/11/2007 14:04

Results out... every statistic up 20-30% and what does the share price do !?