Oxford Instruments Share Discussion Threads

[brahmsnliszt] 13/12/2016 10:26

Exactly my reason why I went long a few weeks back.

[simon gordon] 13/12/2016 10:22

Wouldn't be surprised to see this bought by a Dollar earner like e2v was yesterday. Looks like we are going to lose a good few British tech stocks.

[wad collector] 13/12/2016 09:43

Yes , but I didn't!

[wad collector] 25/11/2016 14:40

Time to add ?

[essentialinvestor] 18/11/2016 13:11

That does not apply to the non execs, it's Chairman and non exec dealings
I tend to focus on.

ATM it's a case of silence is golden golden golden on that front, but the share price looks far from precious.

[wad collector] 18/11/2016 10:22

If you are a director of a company , you already have your income directly dependent on the company's fortunes , you have share options as well , so why risk your savings too. If I was a director I would put my cash elsewhere , even if I believed that the company was seriously undervalued. Eggs in baskets. Thus the directors share trading has always seemed a bit dubious as a guide to me...
But as you allude , there have been no significant director buys this calendar year. But no sales either!

[essentialinvestor] 17/11/2016 13:32

Any directors buying these levels?.

[essentialinvestor] 16/11/2016 13:24

The dividend should not have been maintained imv,
debt reduction should be the first, second and third priority here.

[meijiman] 16/11/2016 09:51

Blown loads of money on over priced acquisitions......

[essentialinvestor] 16/11/2016 09:36

Net debt looks ugly IMV.

[linhur] 14/9/2016 14:14

I see Numis has reduced its target price from 880p to 815p. I expect the new chairman to invigorate the company but it may take some time before the effects are clear.

Linhur

[wad collector] 14/9/2016 09:40

I missed that . Agree the price fall seems unrelated. Good trading share for the brave!

Looking ahead, we expect the second half to benefit from a normal seasonal bias, assisted by favourable currency benefits and the delivery of further business efficiency improvements. Taking into account our current pipeline and improved order book, the Board continues to expect that we will make progress in the year and we remain well positioned to take advantage from future growth in our markets

[meijiman] 13/9/2016 12:32

Steady enough AGM statement-not sure there is anything there to warrant a price fall.

[wad collector] 30/8/2016 12:48

Diddly squat ; suggest filter the ramper .

[bouleversee] 30/8/2016 11:57

What's that got to do with OXIG?

[stopps] 25/7/2016 14:34

Whats the share price saying now?

[wad collector] 16/6/2016 18:43

Sounds promising , not that you would notice from the share price . I suppose you have to see the share price as quite buoyant compared to the rest of the market in the last few weeks/months.

[hiddendepths] 15/6/2016 10:38

Two positives stand out in the figures. Order book year end up 12% and last year's cashflow, which meant that debt rose substantially less than the cost of the acquisitions. I suspect that the long term decline may be over now that the company has cut costs, rationalised and stripped out the less attractive businesses.

It would be nice to see the chart break through the two and a half year downtrend. Looks to be right at that point.....

[hiddendepths] 06/6/2016 17:35

Bought on this morning's rather odd dip. Feeling very smug now!

[wad collector] 07/4/2016 11:30

With the continuing slow share price slide , I have been looking at the latest broker guesses . They are quite conflicting , but the 2017 eps estimates of 47-56p look quite enticing now. Time to add?
I want to squeeze a few more pence lower though.

[oilyminer] 18/2/2016 12:19

Hi
Only just started looking at this one. I have read your comments on Austin, half yearly acc. and trading update. Thanks

Is there an opinion of how other ideas, potential products are developing? Do do you have ideas about how much growth there is to come with the NanoTech Tools business?

I am attracted to the company because the chart looks quite good considering all the bad news that is in the price.

Shall start Googling for technical/professional news.

[wad collector] 25/1/2016 15:28

Up 80p this afternoon , no news I can see.

[wad collector] 22/1/2016 09:56

Well it has smashed 600 anyway.



Oxford Instruments plc

Trading Update

Oxford Instruments plc, a leading provider of high technology tools and systems for industry and research, today issues a trading update for the period 1 October to 31 December 2015 ("the period").

Orders were ahead of the same period in the prior year, on both a reported and organic, constant currency basis. The trend seen in the first half of the year has continued with NanoTechnology Tools performing well, and ahead of last year, whilst Industrial Products has suffered from the continuing weakness of industrial markets. Service sector orders were ahead of the same period last year. The successful acquisition of the service business, MIR, earlier in the year has more than offset the effect of the completion of the Siemens MRI service contract in the prior year.

As expected, revenues for the period in NanoTechnology Tools and Service were marginally down on the same period last year on a constant currency organic basis following weaker long lead time order intake in previous periods. The order book for future deliveries is now ahead of the same period last year on a constant currency organic basis and has grown since the end of the half year. Revenues in the period were slightly up in Industrial Products.

Operating cash flow was strong with net debt at the period end of GBP146 million.

Summary and Outlook

Performance in the period has been in line with our expectations. Our NanoTechnology Tools businesses continue to perform well, although the markets served by our Industrial Products businesses remain difficult in the face of macroeconomic uncertainty.

The growing order book and strength of our NanoTechnology Tools and Service businesses support our confidence in meeting expectations for the Group for the full year.