PoorOldBuilder
04 Mar 2018
Re: OXIG is a pale blue dot of hope ... I feel the pain with youI bought these 5 years ago at 1292p when the papers predicted them as a rising star and they dropped within months into a sea of red and just kept drowning from there.Time the management of this company got its act together and returned some value to shareholders
axolotl
06 Feb 2018
OXIG is a pale blue dot of hope ... in a blood-red sea of despair
Hydrogen Economy
26 Apr 2017
Industrial Analysis Business sold 80m Another slice of UK technology sold off at a low sterling discount.OXIG been rising of late, this announcement seems to have given it another nudge upwards. Not sure how far it will go, its been a couple of years of continual slide since the peak of about 1800p.I'm in with a pool price of 720p maybe take a slice of profit soon but will hold rest for now.RNSThis announcement includes inside informationRelease date: 7.30am on 26 April 2017Oxford Instruments plc Sale of Industrial Analysis business to Hitachi High-Technologies Oxford Instruments plc, a leading provider of high technology solutions, information and services for industry and research, today announces that it has agreed to sell its Industrial Analysis business to Hitachi High-Technologies Corporation ('HHT') for a consideration of £80 million on a cash and debt free basis. HHT will acquire the companies, assets and liabilities that comprise the Industrial Analysis business. The Industrial Analysis business is a leading global provider of handheld and bench-top instruments using X-ray Fluorescence (XRF), Laser Induced Breakdown Spectroscopy (LIBS) and Optical Emission Spectroscopy (OES) technologies for analysing materials in a broad range of industrial applications. Headquartered in Oxford, UK, the Industrial Analysis business has research and development and assembly operations in Finland, Germany and China and sales and support operations in a number of countries around the world. The transaction is subject to regulatory approval in Austria, confirmation of receipt by the relevant regulator of the share transfer filing in China, and completion of a pre-sale reorganisation to carve out the relevant businesses. Assuming satisfaction of these conditions, the transaction is expected to close in the second quarter of the 2017/18 fiscal year. Proceeds will be used to reduce existing borrowings. The current Industrial Analysis management team will transfer with the business. In the financial year ended 31 March 2016, the Industrial Analysis business had revenue of £49.5 million, adjusted operating profit1 of £3.3 million and normalised business level adjusted EBITDA2 of £8.2 million. The gross assets at 30 September 2016 were £35.6 million. Ian Barkshire, Chief Executive of Oxford Instruments, said: "The sale of the Industrial Analysis business follows the continued strategic review of our portfolio and is a key element in the ongoing transformation of Oxford Instruments. I am confident that our Industrial Analysis business can look forward to a bright future as part of Hitachi High-Technologies. We look forward to working with HHT's management team to deliver a smooth transition of ownership. "This transaction creates a more focused NanoTechnology Tools and Service business with some improvement to operating margin and will bring net debt to EBITDA leverage after completion to below one times on a pro-forma basis for the year ended 31 March 2017". Toshiyuki Ikeda, Senior Vice President of Hitachi High-Technologies Corporation, said: "We intend to contribute to society by strengthening the product range, providing safe and secure solutions for the environmental, food safety and security sectors. We look forward to a smooth integration of the business and welcome the employees of Industrial Analysis to HHT". 1 Note: adjusted operating profit excludes amortisation of acquired intangibles of £4.0 million and a non-recurring credit of £0.1 million, and is after a charge of £0.8 million for central costs. 2 Note: normalised business level adjusted EBITDA comprises operating profit before depreciation and amortisation, and excludes non-recurring items. There are further adjustments to remove Oxford Instruments' central costs and to normalise for other one-off items.
Merlindale
27 Jul 2016
why the rise? 7% up today but why? what was the news which prompted this?
MacPithy
06 Jan 2016
Re: LG follow up Re: Chairman's statemen... Thanks for responding but youre doing a "Call me Dave" and not answering the question!Where to now from 700?
lambrini girl
05 Jan 2016
Re: LG follow up Re: Chairman's statement but how about timing??<<<yes pithie...timing is always the tricky bit..it happened quiker than anticipated this time..but the £5 target hit..BANG ON!! (unless u gonna quibble over 2 pips!!
MacPithy
30 Dec 2015
LG follow up Re: Chairman's statement Hi LambriniFirstly best of luck for 2016 and for your magic machine and its diagonals you're request for a bang on is justified but how about timing??Getting direction in the market is important but timing is more important your full quote was "£5....next level..(around March?)". Was that March 2016, 17, 18? . Now Oxford hit a minimum around 510-520 on 29 Oct 2015 I.e. not March. So more important is where to now? Onwards and upward or back down to 500? But most important when?Any views?Have you
FRTEB
30 Dec 2015
Re: Chairman's statement " £5....next level.<<<naughty chaps..didnt give me a ..BANG ON!! " I missed it. Too busy burying my head in the sand with this one. Ordinarily I would have been tempted to buy another tranche but the yield is almost not worth writing about so a better home for my cash is needed. 'Tis an ongoing quandary for this income seeker...
lambrini girl
29 Dec 2015
Re: Chairman's statement £5....next level.<<<naughty chaps..didnt give me a ..BANG ON!!... nice bounce ..over 50%..
tontito
29 Dec 2015
turnaround Sustained rise since the last results. This is one to ride out. Further to go IMHO.
FRTEB
10 Nov 2015
Interims A solid set of H1 figures. Should provide a floor for the sp to build on. Up 30p (5+%) to 606 as I type so the market is taking the results as a positive step in the right direction.
Omaha man
21 Oct 2015
Toe dipped I have bought a small position this morning as I sense (hope) that we may be nearing the bottom. The fall from the top has been dramatic and who is to say it wont go further (yes £5 may well be possible) but if we are to believe that there is long term potential for the company's products then any further serious decline would almost certainly see it taken out IMO.The market cap to turnover ration is now not far above 1 which in a high tech area is low, that gives me some confidence and if the chart were to show some improvement then I would be inclined to add.
MyHobby
15 Sep 2015
4.5 year low Glad to be out at 9.40 some time ago. I don't know where the bottom Could be.
MyHobby
15 Sep 2015
4.5 year low Glad to be out at 9.40 some time ago. I don't know where the bottom Could be.
gravy
09 Sep 2015
Re: Chairman's statement Nicely set up to see who is right. I am an optimist on this one.
