Gooch & Housego Share Discussion Threads

[value viper] 03/5/2023 19:46

Material move up at one point today to 590pI see a big premium buy at 600p from lunchtime was the prime reason

[wiltowin] 21/4/2023 11:11

G&H's company's laser transmitter was a vital part of the successful launch of the Norwegian NorSat Technology Demonstrator from SpaceX at Vandenberg Space Force Base in California. Our team's commitment to innovation and collaboration helped make this achievement possible.

NorSat-TD, which features a Small Communication Active Terminal laser communication system, was commissioned and operated by the Norwegian Space Agency. The groundbreaking laser communication system was developed by a consortium and significantly improves the data transmission capabilities of small satellites. The laser terminal module, known as CubeCAT, uses direct-to-earth laser communication and is mounted on a pioneering mechanical shock and vibration damping structure.

We are proud to contribute to such an innovative project that aligns with our company's core values of innovation and collaboration. A special thank you to our innovative Fiber Optics team!

SmallCAT will undergo an in-orbit demonstration as it connects with the optical ground station located at TNO's facility in The Hague, the Netherlands, and communicate with other European optical ground stations.

Taken from a press release this morning.

[wiltowin] 17/4/2023 08:58

The company are indeed moving from component manufacturing to complete assembly manufacturing as mentioned in their restructuring program with details of which are being announced in June this year. Below taken from a recent RNS:-

"We are focussed on moving up the value chain, generating a greater proportion of the Group’s revenues from subassemblies and systems. We are delivering this strategy by focussing on three strategic priorities."

[value viper] 17/4/2023 07:27

Well that is why OIT have recently acquired over 8% of the company for sure

[1c3479z] 15/4/2023 08:55

would have thought it must be a prime take-over candidate, given its strengths in some areas. Though it's mainly a component maker so doesn't capture the whole value chain.

[wiltowin] 14/4/2023 18:39

Off a double bottom I mean dam predictive text..

[wiltowin] 14/4/2023 17:50

Very bullish rise of a double bottom.

'A double bottom will typically indicate a bullish reversal which provides an opportunity for investors to obtain profits from a bullish rally. After a double bottom, common trading strategies include long positions that will profit from a rising security price.'

[garth] 14/4/2023 10:45

Decent reversal. Got some way to go yet to be clear of that long down trend though.

Have been adding for a while. Patience needed.

G.

[wad collector] 13/4/2023 22:04

Sadly it is still not far off a ten year low. An impressively poor performance for a technology company over the last decade. Not the worst though!

[wiltowin] 13/4/2023 13:19

Good to see G&H on the front foot again.

[wiltowin] 13/4/2023 13:18

At the event, G&H will highlight its expertise in precision optics and components, including its wide range of optical coatings, assemblies, and subsystems. The company's Optical Systems Product Manager, JJ Conboy, will be present at the Aerospace and Defense demo area to offer an in-depth overview of the features and benefits of G&H's motorized zoom hardware with the latest SWIR product, FireAnt, and the MWIR NightCrawlIR lens, both on display.

Additionally, G&H will showcase its 10x continuous ruggedized MWIR zoom lens assembly integrated into a gimbal used in UAV and helicopter surveillance. This model effectively showcases the low-SWaP (size, weight, and power) integrated payload that is crucial for such applications.

[wiltowin] 09/4/2023 12:52

As of 2023 there were more than 500 communications cables at the bottom of the ocean. Submarine cables have a life expectancy of 25 years, during which time they are considered economically viable from a capacity standpoint. But global data consumption has exploded. In 2013, internet traffic was 5 gigabytes per capita. In 2023, Finland has the world’s highest rate of data consumption, at nearly 36 gigabytes per month for each broadband subscription in the country. Fortunately, techniques in phase modulation and improvements in submarine line terminal equipment (SLTE) have boosted capacity of existing cables in some places by as much as 8000 percent. The wires we have are more than ready for today's traffic.

[wiltowin] 06/4/2023 20:53

Fintel reports that on April 4, 2023, Peel Hunt Limited reiterated coverage of Gooch & Housego (LSE:GHH) with a Buy recommendation.

[wiltowin] 05/4/2023 19:58

The rest of the article reads,

“G&H continues to expand and needs highly skilled individuals to help them continue to grow. I was interested to hear of the difficulties they are having in finding candidates with the right technical skills.

“This is an issue that the UK Government’s focus on STEM subjects seeks to correct for the future.

“Currently, they are trying to find an experienced sales manager and in the near future will be looking to expand the design engineering team.

“I look forward to watching the growth of G&H in St Asaph, both as a business and as a supporter of the local community.”

Grahame Crook, product management director of systems at G&H Group, said: “The meeting went very well and we really appreciated James taking the time out to visit and listen to us.”

[wiltowin] 05/4/2023 19:48

From Denbighshire Free Press article today,

A ST Asaph-based business has been selected to supply equipment for “Challenger 3”, a planned fourth generation British main battle tank in development for the British Army.

Gooch and Housego (G&H) also received a visit from Vale of Clwyd MP, James Davies, on Friday (March 31).

As well as discussing issues such as defence spending and the change in military thinking as a result of the invasion of Ukraine, the main focus was on the challenges facing G&H in the area.

Speaking following the visit, Dr Davies said: “It was great to visit G&H in St Asaph on Friday and to find out more about the business and its future plans.

“The company is going from strength to strength, winning business relating to its core activity of providing equipment for armoured fighting vehicles.

“Of particular note was G&H being selected as the provider of the driver’s periscope system and the gunner’s auxiliary sight for the Challenger 3 programme.

“As well as continued success in its traditional markets, G&H has enjoyed significant success in using its engineering skills to diversify into other optics and photonics fields.

“It has recently completed a project in support of satellite to earth laser communications and the development of new capabilities in support of the UK’s future weapons programmes.

[lindowcross] 05/4/2023 12:21

I topped up with a modest purchase yesterday at around £4.37.

[wiltowin] 05/4/2023 10:41

You snooze you lose..

[kalai1] 04/4/2023 14:30

Gooch & Housego plc issued an update on trading for the six months ended 31 March 2023. Group revenue for the six month period is expected to be circa £71.0 million (31 March 2022: £54.1 million) supported by favourable exchange rate movements and the effects of price increases to offset cost input inflation. The outlook is solid, as at 31 March 2023 the Group’s order book stood at £124.4 million (31 March 2022: £119.9 million), an increase of 3.8% and provides good coverage for expected second half revenues. The Group’s commercial team remains focused on passing on higher costs through pricing, the b/s remains strong with net debt circa £19m. Full year trading is expected to be in line with management's previously reported expectations, a return to statutory profit and EPS around 29p. Valuation is improving, but momentum is still a major cloud with share price still in a 21-month correction. GHH remains a share to monitor for the time being...

...from WealthOracle

[wiltowin] 04/4/2023 12:01

Ready for a repeat opportunity come on MM's I dare you lol

[wiltowin] 04/4/2023 11:48

Took advantage as I'm a big fan

[simon gordon] 04/4/2023 11:39

Could be a distressed seller.

[wiltowin] 04/4/2023 11:36

Good enough trading update MM's triggering stop losses for client's I'd think..