Oxford Instruments Share Discussion Threads

[envirovision] 25/2/2010 11:19

Im out my mate from the LHC tells me fission cannot be comercial.

[wad collector] 29/1/2010 17:44

Now approaching 2 year high.Promising looking recent chart.

[wad collector] 20/1/2010 11:58

Not much of an interim statement , but I like cautious understatement.

Performance in the period was in line with the Board's expectations and above
the same period in the prior year, aided by the effects of the restructuring
programme implemented last year and favourable currency movements.
Net debt at the end of December stood at GBP19.1 million after including the
receipt of a customer deposit of GBP10.2 million relating to the EU ITER order
that was announced in July 2009.
Our Research markets remain robust. The tentative signs of improvement in our
Industrial markets that we commented upon in our Half Year Report continue,
albeit from a low level and visibility remains limited.
Save as described in this statement, there has been no significant change in
the financial position of the Group in the period. The Board continues to
be confident that the Group's full year performance will meet its expectations.

Looks solid - I shall continue to reap a 3.7% yield and await a further capital growth.

[wad collector] 30/11/2009 11:15

Don't think we are going to see £3 by xmas.Perhaps Xmas 2010?

[wjccghcc] 23/11/2009 18:59

The difficulty I have with these is that their free cash flow is consistently very poor compared to their operating profit.

[lazyj] 30/10/2009 19:59

It seems the thought of £3 has made 'wad collector' forget his worries that senior management aren't in there yet.
But who are the market makers so keenly buying up for?

[wad collector] 29/10/2009 23:06

Sit back and enjoy the ride....3 quid by xmas?

[wad collector] 29/9/2009 20:22

Up another 10% today for no obvious reason.I was looking at the senior managements holdings.Not a lot between them ,which is slightly worrying.

[wad collector] 24/8/2009 12:50

"Fision" projects? Is that some new hybrid fission /fusion process or the same as a "supper conducting wire" ?
Not sure about the timescale but I agree share price should recover, can't see them going bust.

[envirovision] 28/7/2009 14:28

I see this moving back up to fair value and then beyond over a few months imo.

[envirovision] 28/7/2009 14:26

The ex-dividend date is 30 September 2009 you bought for the dividend yeild from your post, maybe you made a mistake yea?

I note aside from the current contract and expected option to purchase more after this one, there are indeed several other large scale fision projects at the late planing stage or in construction around the would, all of whom will need to produce large scale electromagnetic containment chambers using hundreeds of tons of supper conducting wire.

[barniebear] 17/7/2009 12:33

Out yesterday at a small profit!! I doubt i shall bother again with this share the spread is to wide IMO!!

[envirovision] 16/7/2009 13:19

Actually the super conducting side is only starting to come into fruition, todays RNS is further evidence of this. It should remaing a high growth sector for the business.

[wad collector] 16/7/2009 12:54

30 million superconductor wire contract sounds like good news.Providing the price is right of course and not just job creation grab- anything contracting.
The heady days of 3pounds a share seem distant now.Perhaps a slow climb will continue.

[barniebear] 15/6/2009 07:49

Well i have bought in for the divi!!

[slevene] 11/6/2009 17:39

agreed sg exchange benefits accounted for most of the revenue growth IMHO DYOR

[simon gordon] 11/6/2009 15:08

I think they screwed up by swapping the debt from Dollars to Pounds at the extreme point of the exchange rate. Debt has now jumped by c.£10m.

[bazwurp] 11/6/2009 14:47

More Redundancies.....sign of a company doing well?

[wad collector] 11/6/2009 14:22

Oxford Instruments, the university technology spin-off that marks its half-centenary this year. Full-year results showed both revenues and pre-tax profits up 17%, with its order book ahead 29% on the year. At 137½p, or less than ten times earnings, and yielding 6.1%, the shares are cheap, given Oxford's strong intellectual property in what are long-term growth markets. Buy.

form the Times

Can't see any mention of Pensions in Results.

[moister] 15/4/2009 03:55

How did you get on with your short??

[volsung] 23/3/2009 16:17

Nice short

[simon gordon] 18/3/2009 16:59

Balance sheet:

~Net Debt - £36.4m
~Pension deficit - £21.2m (March 2008) Must be much higher now!

PBT Forecast:

~2009 - £11m
~2010 - £12m
~2011 - £14m

Market Cap. - £57m

What would I pay for the equity: £20m.

Share would have to fall to £0.40.

All in all, it looks incredibly risky to buy the share. At £0.30 I'd be tempted.

[wad collector] 02/12/2008 20:26

Ahh, the wisdom of hindsight.120p today .The yield looks impressive at least.But as for growth , I think they meant shrinkage.Last months results and statement were impressive by the markets current standard.One day this will be strong again I think.But not 2008 , or 2009...