Oxford Instruments Share Discussion Threads

[essentialinvestor] 10/6/2020 10:07

IC give it a hold fwiw.

Trading on around 20x revised forward earnings at 1350.

Given the backdrop that earnings estimate comes with a large dollop of uncertainty.

If available under 17x, that is perhaps a more interesting add/buy level.

[essentialinvestor] 09/6/2020 12:39

We dont know what happens over the next 10 months, however they have
given a current trading update - all be it just two months of the current financial year.

March's low price may not be seen again imv, unless something dramatic occurs.

May be available a bit lower if we experience some renewed equity market volatility.

[wad collector] 09/6/2020 10:35

Results seem well received but as they only cover up to Mar31 they don't tell us much about what happens next. Optimistic noises about current activity but with very little academic institution activity this cannot be good.
Would seem a reasonable exit point but I plan to hold for yrs...

[essentialinvestor] 08/6/2020 14:51

Results tomorrow, from memory.

Rating demands a lot?.

[wad collector] 05/6/2020 16:22

That is a strong end to the week here ; about where the share price was a year ago. Green shoots?

[wad collector] 31/3/2020 14:02

There is clearly going to be a significant impact on the sector. The working at home plan works well for some parts of these companies but clearly not at the laboratory end or the manufacturing end. I see they have reopened the China facilities but the Californian ones are closed. The UK manufacturing is continuing but how much impact is not clear.
At least the reduced demand will be temporary , the customers won't be going elsewhere in the meantime as rivals affected too. More about delay than cancellation I suspect.
I have no inside info , just a close relative at a similar institution.
No surprise that they suspended the interim dividend yesterday. All 3.9p of it ! Or maybe 4p can't remember.

[essentialinvestor] 17/3/2020 13:07

Can't answer that one.

[meijiman] 17/3/2020 12:59

Do you think it will be heavily impacted by coro? Very difficult to answer I know as depends on customers.

[essentialinvestor] 17/3/2020 12:14

Traded a very small amount yesterday on the dip, they were very difficult to get hold of, closed that off.

Imv this is a quality company, however need to see the next trading update to
have conviction here. Outside chance it may be taken out at some point, of may be not!

[volsung] 16/3/2020 12:07

No way wad. Incredible times

[wad collector] 16/3/2020 12:04

You'd never have guessed a few months ago...

[volsung] 16/3/2020 12:02

Getting close

[volsung] 14/3/2020 13:25

Might chance a buy at 600p

[volsung] 11/3/2020 04:16

Bounce at 1200p?

[wad collector] 27/2/2020 12:07

Well , bought back too early as it continues to drop along with most else in my portfolio. Suspect is will eventually bounce back up assuming Coronavirus does not stun the world economy.

[essentialinvestor] 25/2/2020 12:40

It's a quality company.

[volsung] 25/2/2020 12:30

Lol. Wad - I just sold the lot this morning. Trimming my portfolio until there's some clarity on this corona virus thing. Good luck. You'll probably get that 10% now I've sold!

[wad collector] 25/2/2020 12:08

Volsung ,just bought them back at 1489 , quick 10% will do me.
Not sure the whole Coronavirus story very relevant to long term prospects here.

[wad collector] 24/2/2020 10:48

I don't think today's drop is about this;

4 February 2020

Oxford Instruments plc

Disposal of OI Healthcare business in the United States

Oxford, 24 February 2020

Oxford Instruments plc, a leading provider of high technology products and services to industrial companies and scientific research communities, today announces that it has completed the sale of its OI Healthcare business in the US to MXR Imaging, Inc, for a consideration of $15.0 million (GBP11.5 million).

The OI Healthcare business in the US offers the sale, service and rental of third-party Magnetic Resonance Imaging and Computer Tomography machines, with offices in Florida, Michigan and California.

Ian Barkshire, Chief Executive of Oxford Instruments said, "The sale of the Oxford Instruments' US-based OI Healthcare business further supports our ongoing strategy to focus on chosen markets with long-term growth drivers where we can uphold or develop leading positions. This sale will allow us to continue enhancing our ability to deliver further growth and margin improvement while maintaining a customer-centric approach."

[volsung] 07/2/2020 11:36

That's why its gone down then :)
Keeping all mine for time being and will add on significant dip

[wad collector] 07/2/2020 08:36

Decided to unload half of mine this am at 1665. Suspect it will fall back to let me buy back.

[volsung] 06/2/2020 16:20

Looks like a new high to me

[essentialinvestor] 29/1/2020 13:11

Growing cash pile here, may be worth a look on a bad day.
Have a small holding.