Gooch & Housego Share Discussion Threads

[value viper] 09/6/2023 09:35

Buy advice in Investors Chronicle today fwiw 16 PE for 2024 reasonable To benefit from huge US and EU industrial policy initiatives

[dozey3] 06/6/2023 10:52

Agreed, definitely a ‘buy’, but already have a shed load. Pleased to see a good chunk going on R&D. Need to stay at the cutting edge.

[wiltowin] 06/6/2023 10:02

Great entry point now as shown we're back on track with all G&G businesses doing well good upside here and paying a dividend too. Won't be at this price point for long in my opinion.

[1c3479z] 06/6/2023 09:51

fair results, seem to have solved the order backlog even if at the expense of carrying stocks, have to improve margins now in A and D in particular. Always seen to me, at least, as a possible t/o candidate with its very strong position in certain niches, interested in their metrology component where they've been required to improve tolerances at the request of a customer ?Renishaw.

[wiltowin] 02/6/2023 11:42

As part of the global integration process, G&H has already taken steps to streamline operations and leverage the strengths of both companies to better serve its customers. The updated brand is just one of the efforts that G&H is undertaking to maximize sales across their customer base and bring significant growth to the company.

As long as it's profitable who cares what it's called.

[dozey3] 01/6/2023 16:27

Underwhelming, and hardly trips off the tongue.

[wiltowin] 01/6/2023 15:10

Press release posted on GHH webpage today reads :-

G&H Photonics, a global leader in photonics technology and the parent company of ITL, is pleased to announce the rebranding of ITL as part of its continuous efforts to integrate the medical device company into the organization.

The decision to rebrand ITL reflects G&H’s commitment to growth and innovation in the life sciences market. G&H has been expanding its reach in this market, and the acquisition of ITL was a significant step towards this goal.

ITL will now be referred to as G&H | ITL. This rebranding signifies an exciting milestone as G&H | ITL embarks on a new phase of growth and innovation.

“This rebrand represents the next chapter in our company’s growth and evolution,” said Charlie Peppiatt, CEO of G&H. “The new look will help us build a stronger brand, better serve our customers, and drive the next phase of growth in the business.”

Nick Colyer, Managing Director with G&H | ITL, added, “The new brand identity reflects our shared vision for the future and is a testament to the hard work and dedication of our team. We look forward to continuing to build on this strong foundation as a part of G&H.”

[wiltowin] 23/5/2023 09:26

Military laser market expected to reach highest ever demand and ghh is a major player.

[wiltowin] 23/5/2023 06:59

H2 results due 6/6 which I expect to be on the front foot as business picks up..

[wiltowin] 19/5/2023 09:36

The latest figures published by ADS Group showcase the £37bn value added to the UK economy by the aerospace, defence, security and space sectors in 2022. It further reveals that businesses delivering world-class products and services generated £82bn in turnover, with UK exports from the sectors worth £36bn.

Record growth for UK in apprenticeships across Aerospace, Defence, Security and Space sectors, latest figures show.

With the UK investing only second to the USA the space race GHH's aerospace and defense arm stand to benefit greatly.

[wiltowin] 19/5/2023 07:10

The investment will form part of a 20-year strategy on semiconductors — which has faced lengthy delays — outlining the U.K.'s plan to secure its chip supplies.
The government will initially invest up to £200 million from 2023 to 2025 before expanding its commitments to up to £1 billion in the next decade.
The U.K. investment pales in comparison to mega spending commitments tabled by the U.S. and European Union.

The future earnings from G&H's industrial arm are set to rocket from semiconductor manufacturing.

[wiltowin] 05/5/2023 16:47

I'm pretty sure that G&H picked up some big orders at the SPIE Defense + Commercial Sensing show this week, this equipment is bound to be flying off the storeroom shelves.

[wiltowin] 03/5/2023 19:24

Gathering momentum these past few days and rightly so as they're in all the right sector's going forward. I can see this moving rapidly back to £10 before long imho.

[value viper] 03/5/2023 18:46

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 10:11

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 07:58

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 06:27

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

[1c3479z] 15/4/2023 07:55

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 17:39

Off a double bottom I mean dam predictive text..

[wiltowin] 14/4/2023 16:50

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 09:45

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 21:04

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 12:19

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