Gooch & Housego Share Discussion Threads

[walthera] 22/11/2013 11:02

Garth - somebody should!

[garth] 21/11/2013 15:54

would old Mr Gooch be penning an RNS at this point????

[walthera] 20/11/2013 11:45

Further growth in the company with the opening of an extension to their Torquay facilities by Vince Cable. All bodes well and recent share price movement is reflecting this.

[dozey1] 15/10/2013 09:53

Today's announcement of the takeover of Spanoptic looks a very good move.



Amazing how many small hi-tec companies there are flying under the radar. GHH has the ability to integrate this into its own optics business and give the products greater world-wide visibility. The share price has looked up with events for some time, but IMO the shares are worth tucking away and forgetting for a few years.
PS. A near moribund board without hype is another good sign.

[morigam] 11/6/2013 13:24

thought this would fit here nicely - their interim results that came out today handily packaged as an audio thing. hxxp://www.brrmedia.co.uk/event/112438/

[walthera] 11/6/2013 11:20

Pretty impressive interims, all things considered, as well as an increased dividend - but no reaction in the share price.
Time to top up before tomorrow's press notice its value!

[walthera] 26/11/2012 15:02

Electronica:
Thanks for that and hope the statement is excellent as every penny will put quite a bit in my pocket too having held throughout and also traded GHH for the past 11 years.
Will have to rise early tomorrow to see what happens.

[electronica] 26/11/2012 14:51

Waltherea

Every 1p on the shareprice in the 30 days from Dec 7th puts over 30k quid in the pockets of a small group of managers.

These guys have every incentive to put out a good statement. We already know that the actual results will be "in-line" - but a good forward looking statement could easily take us over 500p & add 1.5m quid to the managers LTIP valuation.

[walthera] 26/11/2012 14:04

Noticed a little buying today (and no selling) ahead of tomorrow's results.
Are they just optimists or can we really expect some good figures?
What do others think?

[cockneyrebel] 01/10/2012 10:02

On the up today trading update due soon Electronica.

Agree with your reckoning :-)

CR

[electronica] 17/9/2012 07:24

CR

I'm one of those quiely holding & expecting the management to let off a few firecrackers over the next 6 months or so.

GHH have an LTIP which will fully reward top management uwith p to 12m GBP of stock if they get the share price to 600p by next March. That's a pretty big incentive to deliver a couple of good trading statements & a great set of Finals in the near future.

[cockneyrebel] 17/9/2012 07:18

Very quiet here.

About to break out? trading update soon and the last trading statement sounded rather bullish imo.

All imo/dyor etc.

CR

[garth] 18/6/2012 15:58

Fibre-Q acoustic laser switch mentioned in the results - will that make these a ten-bagger I wonder??? ;0)

[stephanie_m] 21/2/2012 07:54

Opening £3.80

s

[bookbroker] 21/2/2012 07:37

Back to £3 it seems, unfortunately still beholden to the cyclical nature of large part of business!

[bookbroker] 06/1/2012 12:37

Slight issue is the book-to-bill ratio at last statement - 0.9, and also the forward orders, they need a pick-up in business, otherwise like some others out there, they will merely working through existing orders and inventory, seemed to have been a slowdown in the switches division.

[cockneyrebel] 06/1/2012 12:00

Well they've just gone through the 50 day and 100 day moving averages WJCC - I could just feel these bottoming recently - very easy to be confident when you don't back it with cash :-(

Note to diary - must be braver on these stocks that move swift when they rally.

I caught the low on BLNX too with money this time but sold far too soon :-(

CR

[wjccghcc] 06/1/2012 11:56

CR, I still have a few so would be happy if you're right.

[bookbroker] 06/1/2012 11:47

Always had a soft spot for this co, and made good money trading and holding the stock, problem is these days the spread is so wide and the market size for dealing very small. A real negative unfortunately if you end up on the wrong side of the stock.

[cockneyrebel] 06/1/2012 11:30

I know the forecasts are for a fall but I don't believe they will - looks to conservative imo.

The strong $ helps them imo and they have a lot of US exposure - US is doing far better than expected imo.

Chart looks like it's bottomed here imo.

Wish I'd bought some rather than just putting them in my stockchallenge now :-(

Can't buy everyting on the lows tho I guess.

CR

[wjccghcc] 03/1/2012 15:10

CR, the forecast of 34.8p for this year is a fall in earnings of around 5%.

They are much less exposed to the economic cycle than last time but about 35% of 2011 revenues (tho less in 2012) was still linked to the semiconductor cycle.

You may well be right that they surprise on the upside given the increased US exposure but it's probably too early to tell.

[cockneyrebel] 03/1/2012 13:41

These look rather attractive to me, I don't see the earnings falling myself and on a PE of just over 10 with growth so strong that looks a bargain imo.

Put them in my Stockchallenge for 2012 - 230p off their high.

34p eps forecast this year, 37p next year.

From the year end results: " Prospects

The global economic headwinds cause obvious uncertainty for the business as we move into 2012. Whilst not immune to the overall global economy, the Board believe that the Company is in robust health and, with a strong cash position, appropriate committed banking facilities and a broader spread of revenues, has increased its ability to withstand a potential downturn. "

In the context of the current economic conditions, Gooch & Housego's strategy of focussing on organic growth in 2012 is appropriate. We aim to deliver growth through the commercialisation of long term research and development projects, through the launch of innovative new products and by leveraging the position we have now established in the Aerospace & Defence sector to increase our participation in long term programmes"

Doesn't come across as a co with falling earnings when they talk of growth imo.

CR

[wjccghcc] 29/11/2011 08:48

Still got a few to keep an eye on them though sold most around 450p. Very good results but with a book to bill of 0.9, likely to see a reasonable fall in earnings this year.