SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Technology StocksAzenta


Previous 10 
To: Johnny Canuck who wrote (1129)11/13/2021 9:06:57 PM
From: robert b furman
   of 1138
 
Hi Johnny,

Truth be told it sneaks up on us all.

My senior partners father had a partner who retired at 58.

I left the daily rat race of running a retail dealership at 58,

My next youngest partner announced at 56 he was getting tired and sold his two stores (I owned 33% of both) at 58 as well.

When in my thirties and fourtie's I woke up at 3:00AM ran 8 miles and held a sales meeting on Friday at 7:00 AM for the weekend promotions and sales.

Somewhere around 58, the fire in my belly had waned. It is a young man's world for physical aggressive work ethics.

After that, you are really expending energy verses passion, or you need to have ownership and a transition plan IMO.

Now that does not apply to all businesses.

Mine was a capital goods retail business.

There where many pre Christmas eves we'd stay open late for deliveries, before our families could enjoy what most took for granted.

After a while the devotion to success and hard work does wane.

You have an analytical mind, it will be just fine.

I've been blessed with timing on my side.

I've taken my savings and spent a lot of time investing in a good and great bull market.

I regret none of it, but value my time so much more now that I'm retired and not beholding to investors/partner demands for return. A return of which I only receive a share.

It's scary at first.

But when your calls and conservative investing reward just you, you wonder why you didn't do it before.

I suspect you should lock in your retirement benefits, adjust, (it took me 3 to 4 years to be confident on that thought) and enjoy wondering why in the heck you didn't do it sooner.

Just a thought provoker on how it happened with me.

Best of all to you and family. I think it's a sure thing!

Bob

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: robert b furman who wrote (1130)11/16/2021 7:59:16 PM
From: Johnny Canuck
   of 1138
 
Also now so to the final position to see how it plays out

»»»»»»»

Brooks Automation Announces Planned Name and Stock Ticker Symbol Change - Azenta, Inc. (Nasdaq: AZTA) Set to Begin Trading Effective December 1st

CHELMSFORD, Mass., Nov. 16, 2021 /PRNewswire/ -- Brooks Automation, Inc. (Nasdaq: BRKS BRKS) announced at its investor day earlier today that it is changing its name to Azenta, Inc. and will begin trading on Nasdaq under the ticker symbol AZTA, effective at the open of market trading on December 1, 2021.

This change follows the previously announced launch of the life sciences brand, Azenta Life Sciences. Following completion of the sale of the Semiconductor Automation business, expected in the first half of calendar year 2022, the Company will become a pure play life sciences company.

No action is required by existing shareholders with respect to the name and ticker symbol change.

About Brooks Automation
Brooks (Nasdaq: BRKS) operates two global, market-leading businesses, Life Sciences and Semiconductor Solutions, each with its own distinct area of focus and expertise. The Life Sciences business, to be operated under the new Azenta brand, provides a full suite of reliable cold-chain sample management solutions and genomic services across areas such as drug development, clinical research and advanced cell therapies for the industry's top pharmaceutical, biotech, academic and healthcare institutions globally. On September 20, 2021, the Company announced the pending sale to Thomas H. Lee Partners of its Semiconductor Solutions Group business, which provides industry-leading precision vacuum robotics, integrated automation systems and contamination control solutions to the world's leading semiconductor chip makers and equipment manufacturers as well as collaborative robotics and automation capabilities for multi-market applications. Due to the pending divestiture, the Company began reporting the Semiconductor Automation business as discontinued operations in its recent fiscal year end financial earnings announcement. Brooks is headquartered in Chelmsford, MA, with operations in North America, Europe and Asia. For more information, please visit www.brooks.com.

INVESTOR CONTACTS:
Sara Silverman
Director, Investor Relations
Brooks Automation
978.262.2635
[email hidden - please find in source]

Sherry Dinsmore
Brooks Automation
978.262.2400
[email hidden - please find in source]

SOURCE Brooks Automation

Related Linkshttp://www.brooks.com/

[read source article here]

News Trending byPopularity0 items

CLICK HERE TO SEE OUR LIVE NEWS FEED

Share RecommendKeepReplyMark as Last Read


To: Johnny Canuck who wrote (1129)12/5/2021 12:23:03 PM
From: Underexposed
   of 1138
 
Hi JC

I thought I would toss in my 2 cents on retirement. I am 72 and been retired since I was 54 years old. I was not in a good marriage and retired/divorced in the same year...luckily I knew my wife's financial situation as I did her tax returns and my son had graduated from University and working in a good job. As a result I retained my finances except for the house which was not a great loss as I contributed only 1/3 of the intial cost. I needed freedom from an almost literal ball and chain.

I had many occupations in my time the last two significant ones were as an industrial salesman and later a computer programer in a software house(no degree but is was a good amateur). Not having a degree did not hamper me as I was a good bug finder and with a 19 year old wunderkin we QC'd an application with 3/4 million lines of VB6 code. we were a good pairing .... I did the "easy stuff" (challenging for me) leaving the really difficult stuff for him....he was a great resource for me when I was stuck. I was hired in the first place because of my business expertise...They had poor reports at the time....not much more that raw data dumps. Programmers considered formatting good reports as "prettyness issues". My reports were well received by clients so I put a sign over my cubical "Head of Prettiness Issues".

I really liked that job but it ended when the company was sold and my division was disbanded. I survived for a few years going on contract working on computer reports. But without a degree I was not getting any permanent jobs in that field.

For the previous years I was tinkering with charting stock. For 15 years I studied various charting methods. I practised with $100,000 worth of Monopoly money and an Excel spreadsheet to record my paper transactions and when I divorced my charting abilities evolved to the point to where I was finally consistantly making money.

I was doing well until the crisis of 2007-2008 rolled around. I did not know how to handle it and I lost 45% of my investment. It was quite a shock but I survived and as you know aside for one or two years since then the Canadian stock market has not been a glory hole. It has taken me 15 years but I am approaching where I was in 2006.

The stock market has been my sole source of income aside for CPP and OAP which barely covers my rent and car insurance.

Retirement is fine as long as you plan for it. You need to develop hobbies (note the plural) to occupy your time. Other than the market I have 4 or 5 hobbies that I float between. COVID has slowed me down as after 18 months ago I still suffer from after effects. But I still have hopes of getting better.

I had to change my RRSP to a RIF...I was scared of this at first but it is not so bad. The gov't takes 5% at my age out of the RIF and I must pay tax on it... that is reevaluated every January. well I make on average 7-10% on my RIF after taking out 5% out every year for living expenses anyway...so that is no burden....what I do is immediately put the extra money into my TFSA ... I have a $15,000 contribution capacity so aside for living expenses there is no taxes on that deregulation aside for the initial deduction. The RIF works well for me and building up my TFSA is a bonus for the future.

So as long as you plan for your retirement financially and invest prudently you should be fine. Prior to COVID I travelled a lot... for 3 years before COVID I spent 5 weeks per year in France...I earlier travelled to Thailand (6 months) and China (1 month)as well as the USA. So I was not as hunkered down as I am now... one day COVID will be handled and life should go back to some sort of normal.

Good luck

UE

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Underexposed who wrote (1132)12/5/2021 1:29:23 PM
From: Johnny Canuck
   of 1138
 
Thanks for the interesting perspective.

How are you handling the travel health care insurance. Above 70 years of age it seems pretty high. As much as $1000 for 30 days of coverage I am told. My brother takes early retirement this year and his Karate instructor was complaining about the cost of travel after 70. It seems you need to get your extensive travelling done before age 70 if this is the case.

I am looking at Belize or Portugal as a full time or at least part time retirement location. Belize is interesting in that they do not tax retirement income and there is no capital gains tax. They have Golden Visa retirement program Portugal is looking a little more problematic though they have a tax visa with Canada so you are not double taxed.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Johnny Canuck who wrote (1133)12/5/2021 3:15:09 PM
From: Underexposed
   of 1138
 
No problem...glad to contribute

How are you handling the travel health care insurance. Above 70 years of age it seems pretty high.
I don't know...I am 72 years ago and my last trip was in 2018 ... so I was under 70 then. Well $1000 for 6 months sounds doable for me. If I really want to make the trip then I will absorb that cost.

When I traveled in France I had a ESL client (another interest) and I stayed most of the time at their residence. I found it not that expensive to travel there as long as you stayed away from hotels in major cities and were frugal with your meals. I stayed in 1 star hotels which were cheap (40 euros/night including breakfast), I traveled by train on which if you had a bicycle you were allowed to take it on board.

I almost decided to retire to France. over those 3 years I became functional in French.

If you followed Soup Nazi's Covid thread you will find out my struggles with catching COVID 18 months ago. This hampers my travel today...I can walk with one of the canes that I make but very slowly. If this disease ever eases up I will tke a cruise to the arctic...from both sides of the country... as an industrial salesman I have seen most of Canada west of Montreal and even been into the Arctic on a drilling rig but I would like to see the arctic in comfort and not have to walk a lot.

as far as health insurance goes...I cannot afford NOT to take it... getting old now and this COVID has not improved that.

UE

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Underexposed who wrote (1134)9/21/2023 10:41:40 AM
From: robert b furman
   of 1138
 
Hi UE,

Good to see you posting!

The gap that occurred on 08/08/23 is about to be filled.

The high on the day before was $48.21.

AZTA is currently trading at $48.75.

Gaps do not necessarily have to be filled, but is very often the case.

AZTA is trying to recover from the huge boost Covid gave them.

They have added a lot of bolt on businesses and it takes time to get the new teams on board.

Schwartz is a hands on guy and not scared to take the reins if the existing business doeswn't get it done.

I sure would like to see this company get back in the fast profit growth mode.

Mnaagement is one of the best I've ever seen. Its just a matter of time.

I'm watching what their cash per share is and it is a bit hard to see current numbers.

Stock buybacks also make it muddy.

Looking for a general market sell off and I'll be back in this great firm.

Wish they had dividend!

Bob

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: robert b furman who wrote (1135)5/21/2024 12:13:37 PM
From: robert b furman
   of 1138
 
Hi all,

Well HECK!

The most dynamic CEO/CFO combination have now both announced their retirement.

The big payday of selling off their semi equipment holdings have made them very wealthy.

The meteoric growth of life sciences was an unintended boost from the pandemic.

It appears growth will still be good, but not like it was during the pandemic.

I still like Azenta, but have no position.

No dividend keeps me out.

I'll keep azenta on my daily watch list, but it will take a general market sell off to entice me into buying.

This is a company with an enabling technology and it will be destructive to lower tech competition.

They'll slug it out over the long term and prosper.

I'll watch and wait for price to equal a cash per share value.

Gonna miss both of these great EXECS!

It will be fun to see the new guys grow the business.

BRKS was very good to me!

I think long term accumulation will take a long term period of time.

Bob

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: robert b furman who wrote (1136)5/21/2024 1:33:14 PM
From: Johnny Canuck
   of 1138
 
Hi Bob,

I still have a snall stub left from the BRKS days.

The company didn't really go anywhere after the sale of their semi equip business.

Any feel for the new executive team?

My guess is most of the biotech advances is going to be decades away and most of the sales are for research purposes and opposes foe production purposes for therapies.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Johnny Canuck who wrote (1137)5/23/2024 12:14:59 PM
From: robert b furman
   of 1138
 
Hi Johnny,

I really am left withoout a clue.

With Schwartz still on the board they will either be very good or quickly gone.

He has never put up with poor performing leadership in his company.

It will take time for me to get confident in these changes. I had a ten year accumulation of BRKS.

At the peak I had 55,000 shares.

Bob

Share RecommendKeepReplyMark as Last Read
Previous 10