Oxford Metrics Share Discussion Threads

[garth] 11/5/2023 16:55

mammyoko,

"Director sales in Feb may be holding people back but Directors are small holders here anyway."

So, we shouldn't be wary after directors sold from already "small" holdings to meet "institutional demand"?

Can you see how that argument might be taken to run in a contrary direction to the one you intended?

Directors are sitting on a giant heap of SHAREHOLDERS' cash, sold down their own shares and haven't shared a shred of news about their intentions. That leaves me wary. If they hadn't taken a personal (well deserved) windfall (but no special divi for holders) followed by radio silence then I might feel differently.

Best wishes,

G.

[mammyoko] 11/5/2023 15:08

Gone quiet here. Nobody interested in ex-cash forecast p/e of just over ten for a company with 100% sales coverage for the year and proven ability to sell businesses at top dollar? This one was trading at 20x ex-cash earnings before the sale of Yotta. Some Director sales in Feb may be holding people back but Directors are small holders here anyway. The YoY growth in the order book suggests to me that the risk is to the upside. Results out in June, AGM statement in Feb was in line with second-half sales weighting.

Got to be worth 120p plus. And not impossible it might receive a bid.

I hold, obviously.

[lennonsalive] 16/3/2023 16:28

Nice rise at the end of day

[hatfullofsky] 02/3/2023 21:43

Just some small buys

[rolo7] 02/3/2023 11:47

Tipped somewhere ic simon Thompson?

[garth] 14/2/2023 08:42

Arthur,

I never like a director sale - even in response to II demand. Against that should be held the fact that they just shifted 2.9M shares and the price held. Are said institutions still buying?

Directors have done well to build up Yotta - perhaps they just feel like they deserve to take some cash and enjoy it? And if that's the case I think we'd say that is entirely reasonable.

I do, however, think it adds ambiguity and on that basis I followed directors and trimmed my holding yesterday, for now at least. Will review following interims which, despite historic second half weighting already discussed, I was left feeling cautious about potential market reaction to.

Just a view.

G.

[arthur_lame_stocks] 13/2/2023 17:37

Is that the board calling the top for this?

[garth] 13/2/2023 14:53

2.9 million director sales into strong institutional demand.

[garth] 09/2/2023 09:05

That would be nice. Have been happy to patiently wait here for the next unfolding, underpinned by all that cash.

[nchanning] 09/2/2023 08:57

Progressive note just out saying much the same and noting that the company has never had this level of revenue visibility so early in the year . To be honest I would be surprised not to see an ahead of expectations statement follow in a few months time

[nchanning] 09/2/2023 08:53

I'm reading it as the company being virtually certain to hit its numbers for the year with a good chance of upgrades as the year progresses

[wjccghcc] 09/2/2023 08:33

Historically they've always been H2 weighted.

[garth] 09/2/2023 08:20

AGM statement with a bit of a trading update. Sounds like they feel they have decent visibility but second half weighted. Does that mean that they are wanting to warn us ahead of first half reporting?
Recent shipments - implying the delayed order has been sorted?
Still no word on what they are going to do with that great big pile of CASH.

G.

P.s Who is going to own up to the chunky 100K at 108p?

[garth] 06/12/2022 07:58

greenslug,

my mistake!

G.

[bountyhunter] 06/12/2022 07:39

"The Group remains in good financial health which includes a cash position of GBP67.7m which will enable the business to pursue our investment strategy including the ability to execute acquisition opportunities as the markets normalise that will accelerate our strategy."

and a healthy hike in the dividend with a very progressive future dividend policy in place

[greenslug] 05/12/2022 21:15

I think the results are tomorrow.

[garth] 05/12/2022 07:59

I was thinking results were today. Next Monday. Looking forward to an update on what they plan to do with all that cash - and on the current status of that delayed order.

G.

[nchanning] 11/11/2022 11:01

Would it be so crazy for OMG to tell us that the orders that slipped out of the last financial year have now been shipped and with the record order book we now expect FY23 to be materially ahead of expectations .In FY21 Vicon 27.6m revenue 6.8 PBT Yotta 8.1m revenue 0.8 PBT(Before central costs)Vicon was the far more profitable division , growing at a faster rate in an incredibly hot area . Incredible opportunity presented by what may simply have been a question of a month or two's delay

[garth] 27/9/2022 11:07

Well, no one likes a profit warning. But with circa 70% to 75% of the market cap potentially covered by cash at the mark down levels this morning I'm not surprised the mms saw some appetite for the shares.
Poor markets and economy but these aren't going anywhere - unless its via a predator taking advantage of a weak £.

Just a view.

Topped up.

G.

[garth] 22/9/2022 10:22

Well, halfpenny you may yet get your target pull-back price. It's taken four months, an ongoing war, an energy crisis, raging inflation and horrible wider markets. But there is no denying that the share price here has pulled back and that trend has accelerated - albeit it incrementally.

Watching now with interest to time a top-up.

G.

[garth] 17/8/2022 10:13

Lignum,

Agree, decent contract and glad of the update - I was thinking that it had gone a bit quiet. RSNnon and no numbers attached. I think peeps are waiting to see what irons they have in the M&A fire. And what trading looks like post Yotta sale.

G.

[lignum] 17/8/2022 09:48

Well I thought that was a pretty good announcement this morning - breakthrough contract in France - further validation of the tech etc...guess it must have been factored into everyone's expectations given the muted response.

[halfpenny] 15/8/2022 08:30

Omg had a good run.

[garth] 19/7/2022 07:22

New solution launched - Valkyrie.

[tomps2] 23/6/2022 11:30

Oxford Metrics (OMG) interim results 2022 overview - June 2022

Oxford Metrics (OMG) interim results overview for the half year ending 31 March 2022.

Watch the video here: www.piworld.co.uk/company-videos/oxford-metrics-omg-interim-results-2022-overview-june-2022/

Or listen to the podcast here: piworld.podbean.com/e/oxford-metrics-omg-interim-results-2022-overview-june-2022/