Previously writing on photonic components and systems manufacturer Gooch & Housego (GHH), in August with the shares falling below 700p I concluded that the flux together with the valuation suggested to still avoid / sell. The shares last closed at 463p, and what of them currently being still further down today on the back of results for the company’s year ended 30th September 2022?
Previously writing on photonic components and systems manufacturer Gooch & Housego (GHH), in June with the shares at 900p I concluded that ‘I suggest the company will now do well to get even close to the full-year earnings per share of last year (41p) – the prior half-year was 15.7p. With the share price still looking to demand, at least, smooth growth, I currently continue to avoid’. The shares last closed at 828p... and now a “Trading Update and Directorate Changes” announcement.
Previously writing on optical components and systems manufacturer Gooch & Housego (GHH), in February with the shares at 1045p I concluded that previously noted forecast earnings per share approaching 42p this year, up from 41p delivered last year, suggested, at best, little room for any disappointment and a risk/reward avoid. So what of half-year results today, and the shares currently at 900p?...
Previously writing on photonic components and systems manufacturer Gooch & Housego (GHH), in November with the shares around 1130p I noted full-year results argued “very optimistic” but that the rating looked to already factor in much and there remained risks. The shares are currently up today...but to 1045p, so what of the company’s AGM trading update?...
Photonic components and systems manufacturer Gooch & Housego (GHH) has announced results for its year ended 30th September 2021 emphasising “delighted with the trading performance of the group in the year… looking forward, the board is very optimistic”. What though of the shares, currently slightly up from a last close 1120p but down from I previously writing?...
Photonic components and systems manufacturer Gooch & Housego (GHH) has announced “profits are expected to be slightly ahead of management's previous expectations”. The trading update has helped the shares slightly higher to 1285p...but is still meaningfully down from over 1500p reached in July justified?...
