Gooch & Housego Share Discussion Threads

[wiltowin] 14/10/2022 11:22

Britain is set to donate hundreds more air defence missiles to Ukraine, including AMRAAM missiles, capable of shooting down Russian cruise missiles.

[wiltowin] 12/10/2022 12:22

Took another 5000 of these today cheap as chips lol.

[wiltowin] 04/10/2022 12:52

Business is booming here just now good entry point.

[wiltowin] 02/10/2022 14:18

Wallace told the Sunday Telegraph that it’s “highly likely we will grow the Army but it might not be the places that your armchair generals want you to, because what we desperately need is to, for example, invest in our ISR capability. People will always talk about the regiments – ‘will you bring back the Rifles’, or whatever it is. We are more likely to be bringing about artillery batteries and more signals intelligence and more electric warfare, and certainly counter-UAV capabilities. If we can’t bring down those little drones, we are very vulnerable, no matter who you are.”

[wiltowin] 02/10/2022 14:16

In the UK, Defense Secretary Ben Wallace said in an interview on Sept. 26 with the Sunday Telegraph that defense spending would effectively double by 2029 would reach £100 billion ($107 billion) compared to just £48 billion ($51 billion) today. And this despite the tanking pound and general economic turmoil created by new Chancellor of the Exchequer Kwasi Kwarteng’s mini-budget, announced on Sept. 23.

[rp19] 25/9/2022 09:43

Is anybody able to share broker EPS estimates for this/future years?

[wiltowin] 25/9/2022 08:01

ghh must be getting plenty of business, below taken from a UK defense news release 4 days ago:-

“Our Armed Forces keep us safe around the clock and it’s incumbent upon us to do all we can to protect them and adapt to future threats. The war in Ukraine has highlighted the importance of well-protected armoured vehicles. We are supporting the Army to modernise and remain at the forefront of cutting-edge capabilities. This is an important step forward in researching the latest technology to improve protection for armoured vehicles, helping them prevent and repel attacks from the ground and air.”

[wiltowin] 25/9/2022 07:54

Taken from Bloomberg 25/09/2022

The Defence Secretary has said Britain will increase the size of its armed forces spending by at least £52 billion in response to Russian aggression.

[wiltowin] 22/9/2022 10:13

Defence spending sector set to boom and ghh well placed to benefit from this, at these prices it's a bargain imho.

[garth] 22/9/2022 09:24

Bumping along now for near on a month. Still got quite some weeks to go yet though before anyone could call this as having moved out of that heavy down trend.

G.

[wiltowin] 10/9/2022 08:18

Climb onboard before this rocket takes off. Below was taken from a recent press release.

Directed Energy Weapons Market Worth $5.73 Billion by 2028 at 21.5% CAGR | The Insight Partners

That's up from the current $1.77bn for 2022.

[wiltowin] 07/9/2022 22:01

Truss has made a commitment to increase the UK war machine budget by 60% yes 60%. Has to be good for ghh future earnings.

[wiltowin] 30/8/2022 10:37

GHH bound to be getting lots of interest in DEW weapons systems now we're in an era of hypersonic missiles.

[c3479z] 23/8/2022 17:59

the insider Directors should be sacked, they have a full order book yet are unable to fulfil, blaming supply chain and Covid etc,
Certainly there have been headwinds but others have dealt much more effectively,#
suspect because the CEO is stepping down the whole organisation has become rudderless.

[wiltowin] 20/8/2022 07:30

Obviously why the share price plummeted by 20% on the 17th when these were offloaded then but good to see the insiders showing some confidence by buying and adding to their holdings. Now that the good weather has gone and kids will be returning to school the covid bluff to get a few days off work will be ending and production will be ramping up to fill the rapidly expanding order books. It's not rocket science, well it kinda is lol.

[+eysenck] 19/8/2022 17:21

That's a major sell-off by abrdn plc. Director purchases were derisory. To be honest I think token buying for a few grand is worse than doing nothing.

[wiltowin] 18/8/2022 15:31

Been in and out of ghh several times over the past just thinking about getting back in its a good company with a proven track record and in the right sectors atm. Probably will buy in before it corrects it's oversold share price

[lindowcross] 17/8/2022 10:19

I've just topped up in a modest way. Obviously this is a disappointing update although I can understand how they could lose skilled staff to bigger, richer companies and may be struggling with supply issues. The skills and capabilities are clearly there, and the intellectual property must be worth a great deal. Hopefully the new CEO can find a way to make money out of the company's assets. Presumably also it might be a tempting target for a predator company.

[garth] 17/8/2022 08:57

It would have been good to have seen them manage supply chain more effectively - what proportions of that were in and out of their control I cannot tell.

The current share price is disappointing.

New leadership is an unknown - and I haven't had a proper dig yet on the new man. That could take things either way I guess.

But surely this bodes well for potentially significantly enhanced profitability going forward:

- vertical integration
- rationalisation of sites (as you mention)
- satellite communications
- order book up 43%

Best wishes,

G.

[c3479z] 17/8/2022 08:49

yes,take your point, but to blame Covid absences and a lack of staff/ losing staff, ie not paying enough?, to fulfil orders seems a bit slack though I do recognise they've been stymied by problems in the supply chain that may have been beyond their direct control,
Have been a holder for almost 20yr so do appreciate the record but they've also integrated their business on to fewer sites that ought to have made it more efficient.

[garth] 17/8/2022 08:41

c3479z,

from the header, on a thread started 20 years ago:

"At thread start: Price 85p Mkt Cap £18m"

Current £165m

3x that at its peak.

I congratulate Mark Webster and the team on having the world class vision and skill to achieve far greater vertical integration - and with it to substantially grow the business over time.

G.

[c3479z] 17/8/2022 07:43

has world-beating and leading research and products but wonder whether the management is overall of similar quality....
must be vulnerable to takeover.

[jackdaw4243] 22/6/2022 15:11

Recommended as a "Buy" in I C so that should be the kiss of death