Oxford Instruments Share Discussion Threads

[wad collector] 20/9/2010 17:22

Two whole months;an expert obviously.We will see.

[ianst99] 14/9/2010 20:55

You may well be right, I would be quite happy with a retract to £4 followed by a further rise. Looking to hold until p/e of 14 or 15

[wad collector] 14/9/2010 13:53

As you say , likely to go higher , and maybe some brokers will put it up with buy recommendations , but it has had a good gallop recently and I suspect will retrace in the next few weeks.£4 will see me back.
I don't want to be too greedy...

[ianst99] 14/9/2010 13:29

20 m profit for year (10m +10m)
49.61 m shares ar say £4.34 = 215.30 mcap
per 215.3/20 = 10.76
From above figures I am still holding

[wad collector] 14/9/2010 11:06

Thanks for that, I've just gone for a Change of plan ,unloaded at 432, suspect this has peaked for now.Looking to buy back soon.

[wad collector] 14/9/2010 09:45

435 yeehah!It's gone off the above headed chart!Think I'll hold a bit longer.

[wad collector] 14/9/2010 08:28

UP!
410 Now on strength of statement;


Due to the strength of both our research and industrial markets, coupled with
the efficiency improvements from the restructuring programme, performance to
date for the first half has exceeded our expectations. We currently expect
adjusted profit before tax* for the first six months of the year to be not less
than GBP10 million.

[wad collector] 13/9/2010 12:48

No signs of profit taking yet as it crosses 368.Where next?

[wad collector] 24/8/2010 19:29

Looking at the dividend history , OXIG have paid 8.2p every year for 11 yrs.Unusual constancy, but makes the yield seem rather less attractive now.

[wad collector] 20/7/2010 16:51

Touched 350p - might be a sensible time to take profits,but I am going to ride this winner a bit further .

[wad collector] 15/7/2010 18:15

Up to 325p - it could be a champagne flute.

[wad collector] 09/7/2010 12:34

No, it's a mug.

[mbugg1976] 08/7/2010 16:14

Not really a chartist but is that a cup and handle I see ?

[wad collector] 08/7/2010 13:19

Tempting to take some profits, but I shall ride this winner.

[mbugg1976] 08/7/2010 11:11

Nice break out

[wad collector] 25/6/2010 17:01

Tipped in The Independant last week too.

Oxford Instruments

Our view: Buy

Share price: 290p (+20p)

Think crazy scientists working away on hare-brained schemes and you are probably not too far off when trying to work out what Oxford Instruments is.

The group, a spin-off from the ancient university, has designed a host of useful applications for commercial use, including coating thickness analysers, X-ray tubes and dynamic nuclear polarisation devices.

Of course, the mad scientist analysis is unfair and only goes so far. Oxford Instruments is also a very successful business, and yesterday posted a full-year profit of £27.4m, compared with £18.1m last year. Orders were up 22.4 per cent and, crucially for investors, the dividend for the full year is 8.4p, giving a decent yield of 3.1 per cent.

Picking the right smaller company to invest in is always problematic for investors, but with a strong commercial performance, a dividend and a share price that has put on more than 90 per cent in the last 12 months, Oxford Instruments ticks the boxes. And the fact that the shares jumped by 7.4 per cent yesterday shows that there is more to come.

We would have preferred an increased dividend in line with the higher profits, rather than payments simply being maintained yesterday, but nonetheless we still think investors will make money out of the company, so buy.

[wad collector] 17/6/2010 12:56

The Times

Since Oxford Instruments plans to double its sales and quadruple its operating margins from 3% to 13% within five years thrown out of bounds, surprising figures published yesterday suggested something different. Revenues for the past twelve months rose by 2%, earnings per share and their net debt fell by two thirds. Research markets in Asia are growing fiercely, while the high level of industrial demand has returned. Hold.

[wad collector] 15/6/2010 11:06

As it heads back towards £3 it looks like we will get in capital growth what we are missing in income.

[wjccghcc] 15/6/2010 08:40

Most of the debt reduction is due to changes in working capital which will probably reverse this year, hence the caution on the dividend.

I really like OXIG as a business but their low free cash flow generation always makes them seem expensive IMHO.

[wad collector] 15/6/2010 08:37

Oxford Instruments plc
Announcement of Preliminary Results for the year to 31 March 2010

Improved profits and revenues

Oxford Instruments plc, a leading provider of high technology tools and systems
for industry and research, today announces its Preliminary Results for the year
to 31 March 2010.

Highlights:
· Order intake up 22.4% to a record GBP250 million (2009: GBP204.2 million)
· Revenue up 2.4% to GBP211.5 million (2009: GBP206.5 million)
· Adjusted profit before tax* up 7.2% to GBP11.9 million (2009: GBP11.1
million)
· Adjusted EPS* up 20.3% to 17.8p (2009: 14.8p)
· Profit before tax up GBP27.4 million to GBP18.1 million
· Net debt reduced to GBP10.4 million (2009: GBP28.3 million)
· Proposed final dividend held at 6.0p, giving a total dividend for the
year of 8.4p
· Continued growth in the Group's research markets, particularly Asia,
combined with strengthening in the Group's industrial markets during the year



So no dividend rise despite much rosiness.I must be missing something.

[wad collector] 22/4/2010 18:35

Not so distant now - quiet rise continues.

[wad collector] 24/3/2010 16:34

I like the quiet steady recent rise; I can see £3 on the distant horizon again.

[wad collector] 16/3/2010 21:40

Err, don't want to diss your mate , but FISSION is not what this is about, you don't need magnets!FUSION is certainly not commercially viable , but I don't think OXIG really needs it to be commercially viable to sell big magnets to researchers.