Oxford Instruments Share Discussion Threads

[essentialinvestor] 13/7/2020 11:36

Share price had got a little ahead of itself with a recent move over £15.


Had a small amount today. The OXIG share price can be very volatile, sizeable % moves have been
a frequent occurrence over the last few years.

[essentialinvestor] 29/6/2020 11:08

Trading has held up very well so far.

During the financial crisis OXIG took a pounding.

[growthpotential] 28/6/2020 19:36

All aboard this rocket ship

[wad collector] 19/6/2020 17:28

Well that was a good end to the week here ; closed close to the pre-Covid levels . May be a bit toppy for now but it is good to see something blue in my portfolio again.

[wad collector] 19/6/2020 08:52

Looking at the numbers again ,you wouldn't buy it for a yield of just under 1%, though with a cover of 3.6x on last yrs figures it looks ok for an R&D company but perhaps not if you value it as a manufacturer.
It is a quality company in a tidy niche and I do think a takeover is always a remote possibility too.

[wad collector] 17/6/2020 15:28

An exit point? I think I will hold long here.

[essentialinvestor] 16/6/2020 13:31

Yup, pushing towards 22 X forward now which may look a tad punchy?.

[wad collector] 16/6/2020 08:48

Pushing a 3 month high today , but the market is so jumpy that it is hard to see sustained rises anywhere. There is a long way out of this economic crisis , despite some open shops.

[essentialinvestor] 10/6/2020 09:07

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 11:39

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 09:35

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 13:51

Results tomorrow, from memory.

Rating demands a lot?.

[wad collector] 05/6/2020 15:22

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 13:02

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.