Oxford Metrics Share Discussion Threads

[smarkmmm] 13/2/2011 19:01

bbonsall

I should think that's quite likely that 2011 forecasts have just been revised in line with that achieved in 2010, with very little added for growth, and a bit subtracted for the increased investment in the next generation Revue, mentioned at the AGM.

Anyway, brokers' forecasting skills are not normally famed for their precision. The company is probably comfortable with the low forecast because it gives them more chance of beating it!

[bbonsall] 13/2/2011 17:01

smarkmmm

Thank you, very interesting. As I said, if you add back the £1.9 million exceptional charge, the 2010 eps is already more than that expected for 2011. Doesn't make alot of sense to me. That is why I wondered if the forecasts had actually been revised in line with the reported results for 2010.

[smarkmmm] 12/2/2011 17:10

bbonsall

That's ok - no problem.

Plainly OMG think they're onto something but are keeping their cards very close to their chest at the moment. Getting the price down from £500+vat would obviously lead to wider acceptance for a range of markets other than memory disorders.

Nick Bolton, OMG's CE is a bit of a twitter fan, but I don't know if "video blogging" is what they're referring to when they say:

"the concept of "moment capture" has transformative potential across a range of markets, some of which we are currently exploring"

IMO OMG's current market cap already undervalues Vicon/Yotta/2d3 let alone allowing anything for the "significant potential" of Revue:

(Cap'd 28m cash 6m EV 22m for 31m sales PSR 0.7x. Over the years OMG's PSR has been as high as 1.8x, but averages 1.0x. Est'd PE this yr 12x, 9x next yr. EV/ebitda 5x. DYOR.)

[bbonsall] 12/2/2011 10:36

Smarkmmm

Sorry, I had thought the wider uses of the Revue camera was what was being talked about by OMG's latest statements. It is just because you said in 755 above "I wonder what that's all about" that you had not known about that product. I can see now that you have a full knowledge and understanding, so thanks for putting me right.

[smarkmmm] 11/2/2011 20:21

bbonsall

Vicon Revue (Sensecam) has been on sale since April '10 - see my post 633 - mainly as an aid for people with memory loss.



What is currently being talked about (the "something big") is "next generation", "across a range of markets", with "transformative potential".

Hence my reference to other uses eg. personal "black box" recorders, market research, "life blogging" or .....

see:

"In addition to its value as a memory aid, many other applications
have been suggested for SenseCam technology. These include:
• Assessing physical and mental health
• Monitoring outcomes of treatment
• Improving general cognitive functioning
• Ethnography
• Monitoring exercise, medication, diet, alcohol intake
• Security, law enforcement and military applications
• Emergency services
• Reflective practice
• Teaching, school projects
• Documentaries, art projects
• Video blogging, sharing experiences"

[bbonsall] 11/2/2011 16:40

Smarkmmm

Click on this link below. It should take you to the RNS issue by OMG in October 2009 telling us about their deal with Microsoft relating to the Sensecam. This is what I think is currently being talked about.

[smarkmmm] 11/2/2011 16:05

Wonder what that's all about:

AGM statement says:

"...next generation Revue camera, which we believe has significant potential across a range of markets"

Remember in December they said:

"But meanwhile, we're more convinced than ever that we are onto something big, and that the concept of "moment capture" has transformative potential across a range of markets, some of which we are currently exploring. For now, it's very much a case of "watch this space"."

Planning something big? Personal "black box" for the armed forces? Social media "life-blogging" camera? Or what?

[lufc5] 11/2/2011 15:41

Trading ahead of expectation.
Sounds pretty good to me.

[jgpgw] 07/2/2011 12:59

Afternoon all,

OMG's AGM is on Friday, have a look at this thread if you are planning on attending:



John

[smarkmmm] 03/2/2011 09:13

New Vicon cameras referred to above announced today:

[smarkmmm] 02/2/2011 09:24

More new products from Vicon:

"World's Fastest Motion Capture Camera and Outdoor Capability from Vicon"



That explains all the outside shots of Vicon cameras in the OMG annual report then.

[smarkmmm] 28/1/2011 11:58

Annual report out:

[bbonsall] 14/1/2011 17:02

A little selling and the mms cut the price. A lot of buying and they leave the share price untouched.

[old joe1] 13/1/2011 15:16

One to watch carefully OMG.....



Target share price ........ 50p after rise through 42p.

[jackiewilson] 13/1/2011 13:47

bbonsall - I think there is just you.
I keep watching. Invested in the past in 2006 - when it was really cheap then sold after a good run - but now its a much better company. However, although Yotta etc were designed to provide steadier earnings they also seem to produce negative as well as positive surprises. If they do get the spread of businesses right then they should appreciate again, or if not then someone will take them out - if the technology is that good.
Keep posting - I enjoy the updates!

[bbonsall] 13/1/2011 12:49

Yet another day lower. Now worth £24 million with £6 million in the bank and turnover of £32 million and pbt of £3 million. Even paying a dividend. Weirder and weirder. It must be because I am the only person here.

[bbonsall] 12/1/2011 16:26

And so the unjustifiable share price slide continues!

[bbonsall] 07/1/2011 12:17

Is there anyone out there? Proves how little understood this company is I think. Strip out the 9p per share cash and with eps of 3p we are now on a historic PE of less than 9. I expect forward PE is a good deal less than that.

[smarkmmm] 24/12/2010 11:25

Bit of background on the boss:

[bbonsall] 15/12/2010 20:48

skyracer
Why do you say the results are pedestrian? If it wasn't for the one off expense of £1.9 million to write down the American Yotta, the profit would be £2.2 million giving an eps of over 3p. So current PE is only 12. Next year eps will be more and forward PE is currently less than 10. Not to forget the 10p share price value of the £6.2 million cash. If you subtract that from current share price then current PE is only just over 8.

[skyracer] 15/12/2010 19:51

Incomprehensible share price action

No quite comprehensible and the market has it right, actually still quite generous. These are pedestrian results and a clown has written the CEO review.

[bbonsall] 15/12/2010 10:04

I seem to be alone on here! This is perhaps the clearest indication that OMG is not being noticed for its good management, record turnover, no debt, exciting prospects, very low historical and forward PE, good management, diversification and £6.2 million in cash. As I have said before, the share price was 67p when the performance was not a patch on today's and still the share price continues its daily slide. Quite unbelievable!