Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Oxford Instruments Plc LSE:OXIG London Ordinary Share GB0006650450 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.00p -0.49% 1,212.00p 1,212.00p 1,218.00p 1,220.00p 1,194.00p 1,196.00p 15,230 16:24:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 333.6 35.5 52.4 23.1 697.20

Oxford Instruments Share Discussion Threads

Showing 576 to 599 of 775 messages
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
DateSubjectAuthorDiscuss
30/1/2015
14:35
I do not believe that Russia and Japan are the only reasons for poor revenue and profit performance as Russia was only ever 5% of revenue. Japan slow growth is something that should have been factored in. I think that organic growth is low, this in combination with rapid overexpansion means they need to reduce staff and overheads which is usually a viscious circle ....
koetser
30/1/2015
12:35
yes I agree-clearly Japan and Russia are events outside his control but this is not looking great. I have some so I'm not happy but probably didn't do enough DD. This is not even a poor man's Renishaw!
meijiman
30/1/2015
11:49
absolutely ... he has got ahead of himself and left the company exposed heavily to any downturn in demand ....
koetser
30/1/2015
11:46
the one who wants 'laying off' is the ceo!
meijiman
30/1/2015
11:18
Ok cheers Simon, I think after Investec noted that there was this debt uncertainty I will probably hold my short till it hits 6.00. I think when there is this kind of uncertainty in an R&D firm there is a lot of disruption to development which can cause problems especially if they are going to lay people off. I suspect the 7.00 support will be broken soon.
koetser
30/1/2015
11:14
Koester, I presume if need be, for a cost, they'd change the loan covenants. I was thinking 700p would be support but if there is debt uncertainty then 600p is doable. Think at some point they'll recover due to the underlying quality.
simon gordon
30/1/2015
10:51
Simon, I am beginning to get the picture, so they many need to do a cash call soon or extend their credit facility either way they seem to be leaking cash .... What is your opinion of the stock? I shorted this after quarter update because I thought the share price is going only one way from a chart point of view. Will need to do more research into this company if I want to hold onto short ...
koetser
30/1/2015
10:43
CEO took a risk buying Andor with bank debt, would have been more sensible to place some shares to cover some of the cost. Interims - 11/14: Balance Sheet At the half year end, net debt was GBP137.5 million (2013: net cash GBP32.2 million). Cash outflow in the period was GBP13.2 million (2013: GBP7.0 million). The Group has total committed facilities of GBP169.5 million. This comprises GBP100 million in the form of a revolving credit facility with a club of banks, a GBP25 million 7 year fixed interest loan with the European Investment Bank which was drawn down in August 2013, and a GBP44.5 million 7 year fixed interest loan from Pricoa which was drawn down in March 2014. The revolving credit facility is extendable to GBP150 million by mutual consent, and expires in December 2018. As calculated under IAS19, the defined benefit pension deficit has increased by GBP8.4 million to GBP54.7 million since 31 March 2014. Since then, assets have increased by 6.8% to GBP209.9 million while liabilities have increased by 8.9% to GBP264.6 million as a result of the decrease in interest rates since the half year end.
simon gordon
30/1/2015
10:36
whats going on any news
koetser
30/1/2015
09:46
Good questions koetser. I think the main issues here are that the rating got ahead of reality so was always heading for a fall once growth slowed. At 1600/1700p the multiple was well over 20x. Unlike say Renishaw this company has hit some headwinds notably Japan and Russia which in fairness are rather outside their control. 1. Gross gearing and net gearing are over 100%-this reflects not only Andor but other acquisitions such as RMG and Roentgenalytik in Germany. Given these deals it was surprising revenues had markedly slowed by mid 2014.I wonder if these deals were to mask slowing organic growth? Interest cover id OK so we are not looking at massive stress but it clearly limits options for more 'deals'. 2. I think if the Andor deal was done today the price would be rather lower -the business cost £175m cash and significantly increased the company's borrowings via two new facilities, one of £100m and one of £60m. Think this share will move sideways for a while. Bottom line is that is worth much less than half of what it was despite the acquisition of ~Andor.
meijiman
29/1/2015
22:32
How much did they pay and what is the debt
koetser
29/1/2015
22:09
Pathetic management -should be fired forthwith. Absurd acquisition-paid way over the odds. Now heavily indebted -you couldn't make it up.
meijiman
29/1/2015
22:00
What does it say about Oxford instruments
koetser
29/1/2015
20:19
It’s a downgrade for Oxford Instruments #OXIG Podcast> http://bit.ly/ADVFN0118
jeffcranbounre
29/1/2015
15:46
possible cash call in June/July ....
koetser
29/1/2015
15:45
StockMarketWire.com - Investec has downgraded its recommendation on tech group Oxford Instruments [LON:OXIG] to 'hold' from 'buy' in a note to investors, today. The broker said: "The group still requires a resumption of growth in demand to lift revenues and margins, but patience and nerve will be needed as net debt approaches covenant limits before falling again from September 2015." Investec also made a hefty cut to its target price, which now stands at 815 pence a share (previously 1,280 pence), implying a somewhat modest forecast total return of 5.5 per cent. The stock has fallen by almost 30 per cent since releasing its latest trading statement, on 22 January - See more at: hxxp://www.stockmarketwire.com/article/4967716/Oxford-Instruments-downgraded-by-Investec.html#sthash.hPqSrAif.dpuf
koetser
29/1/2015
15:45
StockMarketWire.com - Investec has downgraded its recommendation on tech group Oxford Instruments [LON:OXIG] to 'hold' from 'buy' in a note to investors, today. The broker said: "The group still requires a resumption of growth in demand to lift revenues and margins, but patience and nerve will be needed as net debt approaches covenant limits before falling again from September 2015." Investec also made a hefty cut to its target price, which now stands at 815 pence a share (previously 1,280 pence), implying a somewhat modest forecast total return of 5.5 per cent. The stock has fallen by almost 30 per cent since releasing its latest trading statement, on 22 January - See more at: hxxp://www.stockmarketwire.com/article/4967716/Oxford-Instruments-downgraded-by-Investec.html#sthash.hPqSrAif.dpuf
koetser
28/1/2015
10:47
interesting price movements today. kept my short open even after big spike upwards this morning
koetser
27/1/2015
13:17
Probably take another profit warning to hit 600p, could crumble to 700p on disinterest.
simon gordon
27/1/2015
10:55
This seems to have £6 or less written all over it !
mallorca 9
27/1/2015
10:45
Possibly, but you want value try closer to £6.00 http://uk.advfn.com/p.php?pid=chartscreenshotshow&u=iTX8yLKkAUOmhloYzBiQxcKSc06SVJUUpwWTpxfv/+o=&symbol=L%5EPZC
bulltradept
23/1/2015
20:51
700p a technical entry point?
simon gordon
23/1/2015
11:27
hvs, what I like about statement is that oxig are going to grow next year but is closing down factories and making people redundant ....
koetser
23/1/2015
10:51
dead cat bounce
koetser
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
Your Recent History
LSE
OXIG
Oxford Ins..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190618 05:24:47