Oxford Instruments Share Discussion Threads

[gausie] 05/2/2003 11:40

I guess 'ride it up' is the answer!

Goes XD 19th Feb.

[gausie] 04/2/2003 15:51

hmmm....

gentle rise over the last few days as MM's tried not to draw attention to at least 30,000 in buy orders that it looks like they've filled today. Wonder if there's more yet to fill.....


Difficult call. Short it back down to whence it came? or ride it back up for a few weeks?

[tyche2] 20/12/2002 19:28

Has anyone any views on OXIG now that 200+p is long gone and they are now at 134p. May be their new NonExec will make a difference, or will it take a bigger shake-up?

[gausie] 22/11/2002 11:38

interim divvy 2.4p, goes X 19th Feb

[jonc] 22/11/2002 11:05

Good call!!

[gausie] 22/11/2002 10:40

wow!!

Added

[gausie] 13/11/2002 11:11

Nice one to trade - target £2.40, or to tuck away for the divvies - 8.4p pa rain or shine.

[cymbelline] 09/1/2002 00:11

Goodfella,

OXIG as a company looks good, but not good enough to add to my watch list I'm afraid, not at 232p anyway. A 2003 PE of 16 can be bettered elsewhere, and re today's news, the fact that there won't be any material release of provisions despite the fact that they've received a substantial proportion of the price as a prepayment must surely mean that the magnet has cost a great deal more then they'd budgeted for. I'd perhaps be worried about further marketability?

I don't know enough about the company, haven't time to trawl back through the reasons for making the provisions for this magnet or to look at the other parts of the business unless I'm seriously drawn to it, and I'm afraid I'm not on the face of it at this stage.

But I'll look at it again more thoroughly nearer the full-year results.

Cymbelline

[kayak] 08/1/2002 13:52

Looks like the $7 million should have been a lot more :-)

"This $7 million magnet was ordered by the U.S. Department of Energy's Pacific
Northwest National Laboratory in 1993. As previously reported the company has
in recent years made substantial provisions to cover the costs of successful
completion. While the magnet has now met specification in factory tests, there
remains a significant amount of work to complete the installation of the
magnet at the customer's site in the USA over the next few months. It is not
anticipated that there will be a material release of provisions following
successful installation. A substantial proportion of the magnet price has
already been received as a customer prepayment."

[gausie] 08/1/2002 13:04

Wonder what the US Government will pay for a small bag of Iron filings.

[goodfella] 08/1/2002 11:22

Been trading this one for some time as they were constricted within a substantial channel.

They have now broken to the upside and a new direction for the stock.

The EPS growth forecast is substantial and supports a PE ratio of 30 resulting in a PEG of circa 1 representing good value together with a good dividend.

With forcast earnings of 14p for 2003 this equates to a share value of 420p lwaving the shares substantially undervalued.

Todays news underpinns the stock and 208 offers strong support.

[lightwaterdavid] 15/11/2001 15:53

Superconducting wire is manufactured from mixture Niobium / Tin and Niobium / Zirconium. There are other combinations its a Specialist manufacturing process.

[muchos wonga] 14/11/2001 11:00

Can anyone let me know what materials are used in the manufacture of the superconducting wires/cables that this company makes?

[cashisking] 14/11/2001 10:52

Richoneday - Spot on with your post. 175p when you posted 200p now. Any ideas as to when this will peak.

Looked at Bede but they only came to the market last year so not much to go on. I agree that there could be synergy and access to Bede cash would be nice. I did however see a post that refereed to OXIG acquisition in the US for an X-ray company already.

Good luck

[richoneday] 15/10/2001 16:10

Interesting movement upwards in share price in recent weeks reflecting more stability in the company generally.

They have the infrastructure and need new product development or an acquisition to make it work. There are very few opportunities for merger but Bede (BED) could be one that would give increased products to semiconductor and medical divisions. IMHO.

Timing is everything.

[gausie] 19/6/2001 16:57

AQ- lol

Expecting a bit of resistance at 210p (ish) - so i'll top up around 215p if we dont see a dip before then.

very interesting watching this pattern form - I daren't say what it looks like. But as far as your comment 'thanks for the flag' is concerned - you're welcome :-)

[aquila] 19/6/2001 13:51

Up 2.5% today...you sure it's going to dip G ?

regards, A.

[aquila] 18/6/2001 19:18

hmmmmmmm, thanks for the flag.

[gausie] 18/6/2001 19:01

Didn't add today - will wait for dip.

[gausie] 18/6/2001 00:12

I just been tidying my desk and found an old share cert for this bunch that i'd totally forgotten about.

I think this explains the white maribozu:


Oxford Instruments plc, the advanced instrumentation business, today announced
preliminary results for the year to 31 March 2001.


* Record orders of #201 million, excluding the share of the OMT joint
venture, up 19% on last year.
* Group turnover for continuing operations, excluding the share of the OMT
joint venture, up 21% at #183 million.
* Operating profit on continuing operations of #6.5 million, including the
#4.4 million share of the OMT joint venture. This compares with a profit
last year of #0.8 million.
* All businesses profitable in the second half of the year.
* Restructuring and site consolidations completed as planned.
* A final dividend of 6.0 pence per share is proposed, leaving the total
dividend unchanged for the year at 8.4 pence per share.

Andrew Mackintosh, Chief Executive said: "I am delighted to report that the
benefits of our restructuring programme are now flowing through in the form of
much improved profits in our wholly-owned businesses following a record year
for orders. Whilst maintaining tight control on costs and ensuring we deliver
further operational improvements, we intend to focus on growth segments where
we can apply our strengths in technology and world-wide sales channels to
create sustainable value for our shareholders."


Thinking of adding.

A very happy Gausie :-)

(also found a few London Edinburgh publishing - think they're now profile media group? if so it's taken a bit of the shine off)

[zzaxx99] 21/5/2001 14:31

'Oxford Instruments, the UK instrumentation and medical equipment group, and Kuma Diffraction, a Polish X-ray instrument company, are to combine their drug discovery technology in a venture-capital backed management buy-out.

TTP Ventures, the Cambridge-based fund, has invested £2m ($2.8m) in Oxford Diffraction, which is valued at about £6.5m.

Oxford Instruments owns 24 per cent of the new company, Oxford Diffraction, which specialises in X-ray crystallography - the technique that enabled James Watson and Francis Crick to deduce the structure of DNA in 1952.

X-ray crystallography has become an important tool in drug discovery following the completion of the Human Genome Project, with a number of companies raising funds of the back of its return to fashion ...'

Recent chart looks interesting as well:



Does anyone know much about these? The seem to have had a disasterous year on fundamentals, last year £18.52 loss, from £11.52m profit in the previous year. This year's results should be out pretty soon

[goforit] 01/12/2000 10:14

I noticed this one yesterday and think it looks interesting.