Oxford Instruments Share Discussion Threads

[wad collector] 08/10/2020 13:03

Looks like we are going to reach a 6 yr high soon.
Can't say that about anything else in my portfolio!

[wad collector] 08/9/2020 10:41

08 September 2020

Oxford Instruments plc

Chairman's AGM Statement 2020

Oxford Instruments plc, a leading provider of high technology products and services to industrial companies and scientific research communities, is holding its Annual General Meeting today at which the Chairman, Neil Carson, will make the following statement on trading:

The coronavirus has continued to have an impact on trading in the first five months of the year, with cumulative revenue down 2% against last year. Revenue has been supported by a strong uplift in shipments of our compound semiconductor process solutions and installations of cryogenic and magnet systems, in addition to the carry-over of systems that we were unable to ship or install in the final weeks of the last financial year due to the closure of customer sites and travel restrictions. This has partially offset lower revenue to academic markets for our scientific cameras, microscopy products and electron analysers, due to continued disruption across these customers.

Although there remains considerable uncertainty as to the future impact and longevity of covid-19 disruption, we have seen modest order growth over the first five months of trading and a good improvement in the order book. Strong order growth across commercial customers, particularly from our compound semiconductor process solutions, has offset a small decline in orders from academic customers, where we are seeing a slower rate of recovery.

The Group's robust trading performance and focus on protecting its strong balance sheet has resulted in an improvement in net cash to GBP70.0m as at 7 September 2020 (31 March 2020: GBP67.5m), in accord with normal seasonal trading patterns.

Oxford Instruments' results for the half year ended 30 September 2020 will be released on 10 November 2020.

[wad collector] 27/8/2020 18:32

Well into precovid levels now , seems a bit surprisingly strong. Something signficant in the pipeline? Not worth buying for the yield at this price.

[wad collector] 24/8/2020 17:27

Good start to the week here now , almost up to precovid levels.

[wad collector] 14/8/2020 21:50

Thanks for that .
Interesting little flurry of activity in the last 5 mins of the weeks trading took the share price to a 5 month closing high. IC?

[woland1] 12/8/2020 20:27

https://www.investorschronicle.co.uk/education/2020/08/12/oxford-instruments-a-clever-business-making-clever-products/

[essentialinvestor] 21/7/2020 11:44

Back to a level this has sold off from a number of times, let's see.

[redips2] 21/7/2020 10:03

Yup...next sizeable dip I will add and hold

[wad collector] 20/7/2020 15:52

That was an exciting little spike up to 1435 or so this afternoon , but as above , it is volatile and small volume trades usually.
Good movements for traders , if the spread is reasonable, but I would rather just hold...

[essentialinvestor] 20/7/2020 13:34

Gao to that large one day decline last week closed.

[essentialinvestor] 15/7/2020 12:07

Yup, does it all the time. Just Google search the OXIG price, set the timeframe to 5 years and it tells the same story.

There could be future fundamental news, which merits a large share price move. However, it's also given to these moves for no particular reason. Luck with your holding.

[woland1] 15/7/2020 12:00

Thanks for the insight Essential. I see it's up by 5% today for no particular reason.

[essentialinvestor] 14/7/2020 20:48

Longer term you should do well. 2019 was relatively serene by OXIG volatility standards, the share price has moved £3 plus (in either direction) a number of times over the last 5 years. Wider equity market volatility in 2020 has amped that up.

£7.41 was my lowest buy this year on 16 March. There were a boatload of bargains available then!.

[growthpotential] 14/7/2020 19:55

Yeh in at 1495. Uk small caps are definitely not my thing. Might have to stick to US large caps :)

[essentialinvestor] 14/7/2020 19:26

- 7% today. 20% moves for OXIG within a few days are not unusual.

The March low is circa £7.24.

[woland1] 14/7/2020 19:20

Have I missed something today? This has imploded.

[essentialinvestor] 14/7/2020 15:27

Not my best timing!.

[essentialinvestor] 13/7/2020 12:36

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 12:08

Trading has held up very well so far.

During the financial crisis OXIG took a pounding.

[growthpotential] 28/6/2020 20:36

All aboard this rocket ship

[wad collector] 19/6/2020 18:28

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 09:52

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 16:28

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

[essentialinvestor] 16/6/2020 14:31

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

[wad collector] 16/6/2020 09:48

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.