Gooch & Housego Share Discussion Threads

[wiltowin] 02/11/2022 09:26:39

Their investor relations team has at least released the RNS to update investors of the FY results date hopefully good due to record order book if they have sorted out the staffing absences and pipeline disruptions. This could be a great entrance point at multi year lows and one of the finest companies on the AIM listings which was at three times the current price not long ago.

[wiltowin] 01/11/2022 17:35:12

Their website states FY update available in October but even it doesn't appear forthcoming, their investor relations is totally flawed I mean what were they thinking about giving that awful August update :-(

[wiltowin] 01/11/2022 16:17:30

Talking about a falling knife best advice is avoid

[wiltowin] 24/10/2022 12:41:12

According to Precedence Research, the global microelectronics market size is projected to be worth around USD 455.67 billion by 2030 and growing at a CAGR of 4.1% from 2022 to 2030.

[wiltowin] 23/10/2022 08:29:40

The US is taking some steps to make itself less reliant on Taiwan. In July for instance, Congress passed the CHIPS Act, which includes nearly $53 billion in subsidies and tax breaks in an effort to bolster chip manufacturing in the US.
This so called on-shoring is to lesson the impact of any invasion by China if that happens which would have devastating considerations for the world electronics industry. There is also a push to move manufacturing to Japan.
All these new factories will be requiring laser technology.

[wiltowin] 20/10/2022 16:41:38

Doubt a cheeky bid at these levels would be acceptable but who knows?

[simon gordon] 20/10/2022 16:14:54

Wil,

Problem is they keep warning, market needs proof they've stabilised and are turning the corner. 10x / 11x 2023 is tempting. No sign of basing on the chart. 1x sales means a cheeky bid is a possibility.

[wiltowin] 20/10/2022 16:11:15

June 2022 from ghh website:-


During the first half of the financial year there has been strong demand for the Group’s technologies and capabilities and our order book has achieved another record level. However, in common with many industrial businesses revenue has been constrained by COVID-related staff absences and supply chain disruption. Full year expectations are unchanged and long-term outlook is positive.”

[simon gordon] 20/10/2022 15:54:10

RP,

Many thanks!!

[rp19] 20/10/2022 15:53:20

#614
In August, Finncap downgraded EPS estimates to 23.6p (2022) and 37.4p (2023). At current price of £4.90, puts it on a PE of 21 (2022) and 13 (2023). Looking more attractive at the 2023 level if estimates can be achieved.

[wiltowin] 20/10/2022 15:21:17

Well this is interesting?

[wiltowin] 19/10/2022 15:00:21

I've happily doubled up on my holdings here of late and will go for more on any further share price weakness.

[simon gordon] 19/10/2022 14:42:11

Thanks Wil, just wondering how much they are expecting to make on that order book. I've had a look on the net but can't find any forecasts. The new CEO looks okay, he turned round / built up Stadium (SDM) and sold it to TTG.

[wiltowin] 19/10/2022 14:31:44

Afternoon Simon last broker forecast is for a buy from Peel Hunt @ 1100p in as of 30/11/21 but obviously after the wee warning of staff covid absence and component supply clogging it will be lower, but personally I ignore brokers forecasting. Both problems are industry wide and now under control I would like to think however update due this month will verify that and if so unless in now you'll miss the uptick. On cash balances again taken from recent company news below I'd say it's good imho.

As at 31 July 2022 our order book stood at a record £140.6 million (31 July 2021: £97.7 million) a 43.9% increase on the same time last year, or 32.6% at constant currency. This represents an increase on the strong half year order book of 17.3% (31 March 2022: £119.9 million), or 12.6% at constant currency.

[simon gordon] 19/10/2022 12:07:56

Hi Wiltowin,

Do you know what the broker forecasts are for this year and next year? Also expected cash balances?

[wiltowin] 19/10/2022 08:49:20

Research firm TeleGeography recently launched its 2022 Submarine Cable Map and Africa Telecom Map, providing insight into 486 cable systems and 1,306 landings globally.

TeleGeography, a global telecommunications market research and consulting firm, has published its brand new Submarine Cable Map and Africa Telecom Map for 2022, both sponsored by Telecom Egypt.

These new designs include cables with a combined construction cost of $12 billion that entered service between 2016 and 2021. Every major subsea route saw new cables deployed during this timeframe.

Investment is expected to continue across all global routes. Following three straight years (2016-2018) where new subsea cable spending exceeded $2.2 billion, annual investment started to fluctuate in 2019. Looking forward, planned new cable investment could exceed $10 billion from 2022-2024.

TeleGeography projects that subsea cable spending will strengthen as hyperscalers shift their position from generating demand to generating supply.

“Our research has shown constant advancement year-on-year, as pressure for bandwidth continues to grow,” said Alan Mauldin, Research Director at TeleGeography. “Content providers’ international bandwidth growth has accelerated as of late. Companies like Meta, Microsoft, and Netflix have millions of users who are driving up demand every day.”

[wiltowin] 18/10/2022 05:32:43

Richard Streeter, REUK’s Managing Director said: “We are very pleased to have G&H on-board, delivering this important component into the Challenger 3 programme. The display system is critical; delivering front and rear views from the Trailblazer camera modules, enabling the driver to carry out the platform mission.

"The G&H solution allows a comfortable operating view suitable for long mission periods, while minimising the driver’s eye strain. The G&H technology is unique and the team at St. Asaph and Ilminster are experts in delivering complex electro-optic solutions.”

The Challenger programme contract will support the growth of G&H’s Optical Systems Innovation Hub and has allowed for further recruitment within both the R&D engineering department and programme management at the hub, as well as an apprentice training scheme at the manufacturing site in Ilminster. The Challenger 3 programme will enhance the business and promote further investment in defence infrastructure along with underpinning the security protocols across both facilities.

[wiltowin] 18/10/2022 05:30:12

21st September 2022

Rheinmetall Electronics UK (REUK) has awarded a £4.1M Challenger 3 contract to G&H for the supply of a custom specific variant of the Embedded Image Periscope (EIP) for integration into the Trailblazer Driver Vision.

[wiltowin] 17/10/2022 12:28:05

Oh I feel a twitch

[wiltowin] 14/10/2022 12:22:46

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 13:22:49

Took another 5000 of these today cheap as chips lol.

[wiltowin] 04/10/2022 13:52:01

Business is booming here just now good entry point.

[wiltowin] 02/10/2022 15:18:28

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 15:16:27

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.