Oxford Metrics Share Discussion Threads

[bbonsall] 09/12/2010 16:37

Here we go again for a second day. Incomprehensible share price action after excellent results and even better prospects. 38p bid now and 9p of that represents cash in the bank. So only 29p values the business at £19 million with turnover of £31 million and profit of £2.3 million and no debt. Plus a dividend too! 3 years ago the share price was 67p and the performance was nowhere near what it is now. Extremely undervalued IMHO.
No trading to justify an share price drop today either with 18000 shares bought and 16000 sold out of 67 million in issue. A totally misunderstood company which shouldn't be listed under pharmaceuticals anyway.

[bbonsall] 08/12/2010 15:52

They still don't get it do they? There is no way it should be dropping from here. It ought to be making a steady climb into the 50s. Value £27 million, turnover £31 million, profit £2.3 million and £6.2 million cash!

[old joe1] 03/12/2010 14:10

Follow through from yesterdays results so Im in on the confirmed breakout today.

[wilmdav] 03/12/2010 10:16

Thanks GingerPlant. It is new. The 2011 forecast was 3.0. It is now 3.6p. I have updated the web page linked in post 731.
. 2011 2012
p/e 10.6 7.4
EV/tax adjusted EBIT 8.3 7.0

The above is at a share price of 38.25p

[gingerplant] 03/12/2010 08:50

Evolution eps f/c to end Sept 2012 now 5.2p. How new is that f/c?

[wilmdav] 02/12/2010 23:56

Very impressive overall results but the segmental notes are quite revealing.



Could be a flyer if all cylinders start firing.

[sailing john] 02/12/2010 19:30

DM3 - I think they were issued back in 2001/2002 perhaps as part of the IPO. These options expire in Jan 2011 so they had to be exercised or lost. No problem as far as I'm concerned and visible to all in the annual report.
SJ

[davemac3] 02/12/2010 18:29

700K shares at 2.6p is not bad!!! How do they decide the price for these options? OMG have not been anywhere near that price

[bbonsall] 02/12/2010 15:39

If the profits had not been hit by the £1.9m writedown the eps would have been around 3p giving us a historic PE of 13 today. So with continued growth we should see earnings upgrades,making today's share price cheap, in my opinion. Seems to me that current performance and prospects warrants an share price nearer 60p, just IMHO

[sailing john] 02/12/2010 08:47

Chairman - gushing! with excitement thoughout his statement
Bet he needed Oxygen after writing that!!!
Not got into the detail yet but looks excellent - as expected
And market appears to think so too +11% as I type
:-)SJ

[garth] 02/12/2010 08:00

I'm happy to be in a position to
announce some good news for our shareholders. I'm very conscious that, since I
became Chairman in 2002, I have continually been asking for your patience, in
regarding OMG as an investment with great long-term potential.
At last, we are reaching a point where that potential and the endless
possibilities we have talked about so enthusiastically are starting to turn into
solid performance, reflected this year in a significantly increased dividend.

[cockneyrebel] 02/12/2010 07:57

Pre-tax profit miles ahead of expectations - eps forcasts for this year should be hiked imo.

CR

[garth] 02/12/2010 07:56

RNS Number : 2174X
OMG PLC
02 December 2010

?
Thursday, 2 December 2010
OMG plc
Preliminary results for the twelve months ended 30 September 2010
OMG plc, (LSE: OMG) ("OMG" or the "Group"), the technology group providing image
understanding products for the entertainment, defence, life science and
engineering industries, announces preliminary results for the twelve months
ended 30 September 2010.
Financial Highlights:
� Revenue up 19% to GBP31.2m (FY09: GBP26.2m)
� Adjusted profit before tax* of GBP3.2m (FY09: GBP1.1m)
� Reported profit before tax of GBP1.0m (FY09: GBP0.6m)
� Healthy cash position of GBP6.2m (FY09: GBP2.8m)
� Proposed dividend doubled to 0.3p

Operational Key Points:
� Record sales and profits ahead of expectations
o The signing of the biggest single contract in the history of the group by
Yotta DCL
o Growth across all divisions in a patchy and partial economic recovery
o Successful strategy of diversifying into new markets and investing in new
products

� Vicon saw a strong rebound:
o Recovery in North American market
o House of Moves up 76%
o Rest of World revenues up 13%
o House of Moves contract for animation project with Stan Lee, co-creator of
Spider-Man, X-Men, Iron Man and The Hulk
� Strong end to the year for Yotta:
o Recovery in the UK in H2
o Market conditions continue to hit Yotta USA, leading to GBP1.9m impairment
charge
o Contracts won with Welsh Assembly Government, Bury Metropolitan Borough
Council, Nottingham County Council and Leicestershire County Council
� 2d3 continues to grow:
o Revenues up 37%
o Very close to break-even (before allocation of Group overheads)
o First reseller agreement for TacitView with American Aerospace Advisors
o Enthusiastic response to launch of TacitView 2.0

*before share-based payments, amortisation of intangibles arising on acquisition
and non-recurring costs - see note 5
Commenting on the results Nick Bolton, Chief Executive Officer said:
"2009/10 has been, by any measure, OMG's best ever year. We registered record
sales and profits, signed the biggest single contract in the history of the
Group, and saw our businesses achieve some notable successes across their
various markets. We won long-term business that guarantees significantly greater
security and stability of income and we've ended the year with over GBP6 million
in the bank. This performance is particularly pleasing given the difficult
market conditions last year, with all three divisions showing good growth and
strengthening pipelines.

"Looking ahead to 2010/11, the Board and I remain committed to building
shareholder value and continued growth, both within our existing businesses and
through acquisition. Whilst the economic outlook remains uncertain, the Group's
performance over the last year entitles us to feel confident about the future.
With our strategy tested in the toughest conditions imaginable, and with
innovative products and services establishing positions of strength in an
increasingly wide range of markets around the world, there's every reason to
believe that OMG can achieve even more in 2010/11, and over the years to come."

[salonie] 01/12/2010 11:29

Results tomorrow - should be good!

[mymini] 29/11/2010 14:37

Seeing a slow drift here towards the update due on thursday

[bbonsall] 02/11/2010 08:00

Yes, but I have, unfortunately, remained invested with a big (for me) chunk here since I bought at about these levels last time around. Now hoping to revisit my highs again, soonish.

[cockneyrebel] 01/11/2010 17:30

Sorry, I meant recent highs - recent history here is all that matters to me at the moment, tho looking back in 07 when these were at this level the rise was pretty stunning :-)

CR

[bbonsall] 01/11/2010 16:56

CR
Before you say that look at 2007 chart!

[cockneyrebel] 01/11/2010 10:45

Making new highs today.

CR

[garth] 31/10/2010 11:09

Noticed they've been tipped in Shares mag this week.

[cockneyrebel] 28/10/2010 12:28

Picked up a few more this am.

CR

[bbonsall] 26/10/2010 16:04

Down by 5.3%! Despite all the pointers OMG is still not understood. Doesn't help OMG being listed in the pharmaceuticals and biotechnology sector either. Maybe the penny will drop soon.

[spoodle] 25/10/2010 09:34

Trades so far this morning are buys, displayed as sells on L2, added at 36.7p.