Oxford Instruments Share Discussion Threads

[wad collector] 10/10/2014 10:07

Well , 940 was too much for me to resist . Have patiently watched these since I sold a couple of years ago. More speculative than most of my holdings but a good chance of a quick 10% I suspect...or a slow 50% .

[contrarian2investor] 03/10/2014 09:34

I am looking to buy OXIG once it successfully holds above £10.50p
I asked the kind gent that is dasv on the SHA thread to have look at their underlying metrics for me and this is what he found. It is NOT pretty!
Followed by my reply.

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dasv 3 Oct'14 - 07:36 - 34568 of 34580

c2i: OXIG

ROCE too low for me: 6.8% (I like 12%+)

Free cash flow and operating cash flow lower than EPS. Big difference between reported and normalised EPS - what's that about?

32m cash but 124m debt of all of a sudden? Debt is forecast to increase into 2016

Altman z1-score is 2.33 - Caution

EPS growth forecast -6.76% forecast.

2016E forecast +14.3% with a PEG of 0.85 so a turnaround by then?

Pays a divi - can it continue to do so with this cash/debt situation?

Brokers habe been lowering forecasts consistently over the last 12 months but retain a "buy" rating.


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I haven't looked at the story on OXIG for a while. I'd be interested to hear what are your thoughts on why it's a long from here?

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contrarian2investor 3 Oct'14 - 09:25 - 34579 of 34581 0 0 edit

Good morning dasv,

Thank you for taking the time to find those metrics for OXIG, very much appreciated.

Here are some of my reasons for looking at OXIG:

The area of nanotechnology (and graphene) could be growth drivers and OXIG could eventually be one of those winners.
The integration of ANDOR (with its high performance optical cameras and software which are used in both the physical and bio sciences) at some point could be significant drivers for growth.
Currency headwinds are now working in their favour.
Order book appears robust
Their new X-MET8000 handheld (X-ray fluorescence) XRF analyser should fly off the shelves.
A potential turnaround candidate, with the outlier being that it becomes a bolt-on target for a larger peer.
Henderson Global Investors increased its stake in OXIG to 5.45% on 26th September

[contrarian2investor] 25/9/2014 09:37

OXIG Back on my radar.

[apfindley] 19/9/2014 12:48

Director moving shares into pension fund over on GWMO now so it was a good call for those who put OXIG profits over there

[apfindley] 19/9/2014 11:45

Profits from OXIG going into GWMO

[bouleversee] 18/9/2014 13:17

I wish I could. I thought this was supposed to be a growth stock; certainly not an income one. Haven't seen any press/broker comment. Anyone?

[tratante] 18/9/2014 08:43

Can anyone make sense of this. All over the shop.

[meijiman] 09/9/2014 11:09

I must say I was somewhat surprised that the Chairman referred to the strength of 'stirling' in his statement. Are we to conclude
1. He is a complete idiot and can't spell.
2. The statement wasn't written by him but by some deadleg PR person.
3. someone is so minded as to the outcome of the Scottish vote that they are operating in a 'Caledonian' environment.
Those who think spelling doesn't matter are utter poltroons-they should be able to write as well as what I do :>)

[tratante] 09/9/2014 08:36

Upbeat AGM statement. Let's hope for a sustained rise from here.

[tratante] 13/8/2014 17:17

What's this all about?

[bouleversee] 08/8/2014 12:58

I can't help thinking that if they increased their paltry dividend, there might be a bit more interest. They reward themselves but what do shareholders get?

[meijiman] 08/8/2014 10:48

Well that's good. These markets are though dire so will probably fall on deaf ears!

[tratante] 08/8/2014 10:28

For what it's worth Share magazine gives OXIG a recommendation in current issue. Say profits will be boosted by increased research spend by governments.

[meijiman] 10/6/2014 11:47

Broadly positive here -not much interest in this share. Can see a slow move up back over 1500p. I'm not so bothered about currency more the business fundamentals.

[contrarian2investor] 30/4/2014 20:06

I got stopped out today. OXIG back below £13 again, closing at £12.89p. Back to watching them.

[contrarian2investor] 11/4/2014 13:39

My best guess is that once general markets have finished their correction between now and when OXIG brings good news to the City. OXIG will be back above £15. So I will keep my shares with a stop-loss at break even. Good luck all.

[meijiman] 10/4/2014 11:29

worth concentrating more on the business fundamentals rather than currency. I really need to do more DD here. Assume there are headwinds from being an exporter -with stronger sterling. Not sure if they buy currency forward to cover transactional exposure. Anyway I'm in for the medium term here.........

[bamboo2] 10/4/2014 00:17

Is that a giant inverse H&S? [on the long term chart]

[contrarian2investor] 09/4/2014 19:59

Trading Update tomorrow, good luck everyone. I have my stop-loss at break even and another buy order at £15.00.

[edwardt] 08/4/2014 16:20

very strong , given market turmoil. berenberg initiated with a buy might be the reason...

[garfield8] 06/4/2014 21:46

Looking good so far wanttowin , it would be nice to get to 1550 by Friday :). So pleased I got in at 1314. GLA.

[wanttowin] 03/4/2014 12:31

Scottish Widows adding nearly 1 mill shares is really good news, is this the start of a good leg up?

[garfield8] 30/3/2014 04:28

I hope this gets above 1300 next week again. GLA .

[cousin jack] 27/3/2014 19:44

C2i. Very difficult to assess whether it is going to break above or below the range it's been trading in. Keeps seeming to head back up and then reverse. If 1270 continues to offer support I will buy but set a tight stop loss and watch very carefully. Good luck.

[contrarian2investor] 27/3/2014 19:03

My £13.15p buy order has been triggered and OXIG promptly headed South, closed the day at £12.87p. Stop-loss placed at £11.84p.