||EPS - Basic
||Market Cap (m)
|Pharmaceuticals & Biotechnology
OMG Plc Share Discussion Threads
Showing 2876 to 2896 of 2900 messages
|OIG have a significant holding in OMG. Included in their interim report today is following comment on OMG:
"The Group operates as a diversified technology service business with two core divisions, Vicon and Yotta with a strong international presence. Vicon operates as a technology service business providing image capture products and services for the film industry, life sciences and engineering industry. Yotta provides software systems for local authorities to help improve the management and make informed decisions on infrastructure assets, it is increasingly becoming the key growth component of the business, as it looks to expand its software business into new geographies in Holland and Australia. The loss making OMG Life has now been terminated and shut down.
The company has significant dollar revenue and profits which should lead to earnings upgrades over the course of the coming year."
Yotta is clearly being positioned for growth. Also interesting to see the comment re earnings upgrades.|
|As important.What don't you like?|
|I like the strategy and look forward to good news on Yotta. Excellent that they have a first deal in Germany and hopefully many more to come through. I also like that they have flagged the short term hit to earnings as a result of investing in sales - this is exactly what a private company would do and what is needed to generate growth. Their target of doubling profits in the next 5 years doesn't seem unrealistic.|
|Bearfoot - I'm sure that Harwood (28% shareholding led by Chris Mills) and Ruffer (10%) are thinking hard about how to maximise their investment value. Vicon is probably at the stage when it should be divested but that would leave all the overhead to be absorbed by Yotta and the remaining OMG (overhead + Yotta) would probably tank. They need to get growth into Yotta to sell it at a premium and assuming Vicon maintains its position they are then in a position to sell two growth businesses and discard the central costs. That's the theory anyway. Any good news on Yotta (especially from Germany) should have a big impact on the share price.
The piece that I don't understand is how Yotta fits in with the billions being spent by Google, Amazon etc on road mapping ahead of the introduction of driverless cars. Clearly OMG can't compete with this investment and Yotta's focus is slightly different (street furniture as well as road condition etc). But eventually the big boys data will also address this; however by that time Yotta should have the relationships and a sticky revenue stream in place. Hopefully.|
|Billy, yes agreed re a progressive earnings-related dividend policy! My apologies for my hideously simplistic 'lesson'. Good luck!|
|Bearfoot, thanks for the info, I understand what you are saying and have been trading for over 40 yrs so have picked up a fair bit over that time. I am unlucky enough to still be a basic rate tax payer but find this very rewarding both financially and mentally in my retirement. Having said that, a slight increase in the dividend on Tuesday would be gratefully received.
|Hi Billy - the effect of paying of a special dividend is simply to reduce the asset value of the company (and therefore logically the share price) by that amount. In over-simple terms: if there's a 5p special dividend then it the share price will fall 5p. Indeed, this is exactly what happens when a share goes ex-div.
A hypothetical example: if the OMG price before the dividend was, say 50p, then after the dividend it would be 45p (all other things being equal). In effect you have 'taken' 10% of your investment out of OMG. This is then taxed as income so if, unlike me, you are into paying higher levels of tax, you will be taxed at up to 45% on your 'sale' of this part of your holding. Ugh! Indeed, assuming you've got unused CGT exemption, then you can sell some of your holding at any time and with no tax cost. Personally, I'd rather the money was invested in growing the existing businesses. They have/had £8m of cash. I'd like to see them making that resource work to accelerate growth for the existing businesss... rather than being beinignly returned....
All the best|
|Lignum - thanks, I fully endorse what you say. Undoubtedly the combined market cap of, and interest in, a self-stabding Yotta and Vicon would be substationally greater than that of OMG, not least becuase they would both be 'hot' AIM IP investments, and obvious investment/takeover prospects. As it is, they are concealed from the market and investment community by the cloak of the cash-rich (overhead-enhancing?) and now mis-named (with just two investment interests) OM GROUP. I just wonder what the possibilities would be if the two divisions/subsidiaries were spearated out in a demerger...... Surely that's something the Board of OMG has to consider to be in the best interests of the shareholders, not to mention employees? These two are exactly the kind of IP-led technology companies that the country/Government needs to get behind in the championed quest for future growth. On the other hand, perhaps OMG have done, and are doing, a great job in nurturing the two investments and calmly protecting them from unneceesary distractions during their critical growth period? Whatever the case, the formula has wroked and aside from the ill-fated Autograher project OMG has proved to be a perfect share to own and hold. Added to that, it's at the oposite end of the SPIV-index to the majority of fast-talking AIM bubble-managers. Long may that last!|
|Bearfoot - good post - it would be very interesting to see the share price chart adjusted for all the special dividends from sales of the business. This has been a great share for me over the last few years and if they can get some traction overseas on Yotta I expect more of the same. I also feel that the value of the two remaining businesses could be greater than the sum of the parts.|
|Looking forward to Tuesday, hope we wont be disappointed.|
|There seems to be a bit of interest of late, possibly in anticipation an announcement regarding the forthcoming dividend. Could there be a Special in the offing?
|Yes should also allow them to focus on Yotta & Vicon - the Yotta partnership in Germany sounds quite good but hasn't generated any orders yet - if the Germans get happy this could be very interesting.|
|Thank heavens they've finally given up on OMG Life! Removing the constant losses from the bottom line bodes well for the future.|
Thanks a lot for your thoughts.
Its a shame that we cant look forward to a nice fat Special but any crumb will be gratefully received and in the meantime I continue to hold.
PS Seems that they paid three Specials last year so fingers crossed.|
|Billy - trading update expected in next week or two but I have no idea what they're going to say. This is more of a long term hold for me so unless something disastrous comes out, I'll be holding. Don't expect repeat special div as that came from disposal of a business. Company playing it close to their chest so your guess as good as mine on numbers.|
|Last year we got a small Interim and a Special, both on the 17/12 (ex).
Any idea as to whether these will be repeated, how has the last year been trading wise?
Thanks for any info, I have not been keeping up to date.|
|I don't understand why the Yotta strategic partnership with Lehmann they announced today has not been RNSd.
Lehmann is part of the Vectra Group. Vectra is an independent European group of companies with specialist expertise in road and infrastructure management employing 200 postgraduates, technicians and engineers. If Horizons works in Germany why wouldn't it be used in France as well?
This sound like a great partnership to me so why no RNS?|
|OMG Julian Morris has dumped another million shares|
|Has this been tipped somewhere?|