Oxford Metrics Share Discussion Threads

[bbonsall] 31/7/2007 13:38

An MOD contract must be brilliant news and nobody takes any notice. Staggering!! It's the MMs who marked it up before the opening and not demand for shares that caused the rise in share price This company seems to be below everyone's radar.

[bbonsall] 26/7/2007 21:02

Thanks ronnier2--Excellent, hope others are taking note.

[bbonsall] 26/7/2007 10:32

hew
I share your cynicism. However, if you look at the number of shares traded over those two days when the share price fell by more than 10% it was minimal and in no way justified the fall. In other words, I suspect the MMs of doing the manipulation on inside knowledge and not the investors. What's new?

[hew] 26/7/2007 09:12

The steep share price fall over the previous couple of days must have been just a coincidence - people don't actually trade on unreleased information do they? I really couldn't believe that.

Good news though and I've no concerns about the share price - headed the right way!

[radon] 26/7/2007 09:00

OMG just bought DCL for £5M. At last they have done something with their cash pile (actually it was 2/3 shares)!

Great news. DCL can generate £1M profit if well run, and the synergy with Yotta is fantastic.

[mistertibbs] 02/7/2007 12:05

Sales of Boujou camera tracking systems remained strong. Versions of the system were used in recentHollywood films Spider-Man 3, Charlotte's Web and the Spartan war epic 300, as well as the television drama Lost.

The group also said earnings, particularly in the life sciences division, had been boosted by its Nexus software, which enables the capture and analysis of motion.

Turnover for the six months to March 31 rose4 per cent to a record £8.5m, although figures were hurt by a weakening dollar. The US remains the group's largest market and accounts for 43 per cent of sales.

Pre-tax profits narrowed to £862,000 from £1.1m as the company invested £600,000 in developing its defence and 3D mapping business, Yotta.

Basic earnings per share fell to 1.10p from 1.58p. Excluding the investments, earnings per share rose14 per cent to 1.8p.

Shares in OMG closed down ½p at 65p.

But Anthony Simonds-Gooding, chairman, said the group was confident enough to pay its maiden dividend of 0.01p. Mr Simonds-Gooding is former chief executive of ill-fated British Satellite Broadcasting.

OMG said Yotta had won five contracts, although was yet to make a meaningful contribution to revenues.

Philip Sparks, analyst at Evolution Securities, said: "These results were a reminder that the core motion capture division is a growth business." He argued that, with OMG at 65p a share, "it appears that investors can buy into OMG's start-up business for free".

[mistertibbs] 02/7/2007 12:00

If this has previously posted, my apologies.

[mistertibbs] 02/7/2007 11:01

Hope to be investing in this soon. Looking at the recent posts, it appears a good sensible board and I will not spoil it by saying much. Just like to say I will be investing for the long term and can see steady ptogress until all the investments finally kick in fully over time.

[bbonsall] 01/7/2007 11:06

Today's Sunday telegraph has a large article on OMG in the business section. It is basically a summary of OMG's business objectives of expanding into new and potentially lucrative markets. It talks of the challenges involved and the need to be aware of the costs etc. It also highlights OMG's proven success in its traditional marketplace where it has over 50% of the market. It speaks well of the new CEO and his enthusiasm and drive and focus. Overall I felt it painted a positive picture of the company and its possible chances of success in these new ventures.

[gyy] 28/6/2007 14:46

there has got to be some pressure to break thru the 66ish barrier

[gyy] 25/6/2007 16:51

looks like he heard me

[gyy] 25/6/2007 11:10

will the person who keeps selling @66p please stop

[gyy] 19/6/2007 11:53

looks like a flag formation with a breakout to 90 forming

[geovest] 13/6/2007 12:42

hew, fully agree with your assessment. The £600k investment spent so far on Yotta and Defence is very modest to establish new businesses. The Yotta business has great potential for substantial recurring revenue while the defence business will be big and lumpy sporadic sales that could be hugely profitable. This year will be tight results wise, but in fairness, management told us that at the time of last years results. Next year and after should see the real benefits from the new ventures.

The language in the announcement may sound flamboyant, but I've met these guys and they are very cautious about spending money and they are very enthusiastic about the potential for the new ventures.

[hew] 13/6/2007 12:15

Results seem ok to me. Clearly a "continuing as we were" process rather than anything dramatic, despite the "media context" tone - perhaps rather more suited to the Oscar acceptance speech, but harmless unless it is used to distract attention from a less satisfactory performance.

I'm happy with the healthy-looking sales pipeline extending the solid performance of the core business, and the cash balance. As is repeatedly pointed out, they are investing in the new Yotta and Defence areas and the spending on those seems clearly delineated and accounted for. They quote the 14% eps growth that would apply if they had not invested in the new areas.

Egoi. For me, spending to develop defined and separate new applications (going well the results say) as new profitable areas for the future is far less of a potential concern than say hazy "general expansion of our operations needing greater working capital" that arises in some outfits.

I've only taken a first pass at the detailed numbers so far but I see nothing to worry about.

The share price hasn't moved today - about right I'd say. But I'm in for steady growth whilst the new areas mature and some high kicks when they do - note the US defence prototypes reference and the hope for further announcements soon. Yes, p/e at 25 is high - but for me that covers the growth potential.

No advice intended of course.

[egoi] 13/6/2007 08:07

Results out. However much hype the Chairman uses 'Anything is Possible2', 'record results' erm rather selective that one....... it is a fall in eps. I'm first to say eps is not everything, but in a company like this it is still significant; they need to manage expansion carefully. Healthy cash balance though.

Too high a valuation for me at this stage.

[gyy] 29/5/2007 15:34

looks like a BLUE SKY share now

[hew] 29/5/2007 11:34

Just a reminder for myself?!

A Buy tip in Invest. Chron. last Friday 25th. Lots of potential in new applications in addition to established and highly profitable VICON.

[hew] 04/5/2007 11:41

Inv. Chron. today: cheap for a market-leading business and Good Value at 60p.

[sruk77] 29/4/2007 20:53

Does anyone have thoughts on this stock?

[hew] 27/4/2007 08:42

Today's "We'd better say we have nothing to say" RNS possibly has a rationale rooted in the share price chart - see above. It should help guard against a fall that would form a classic Head and Shoulders.

Some people do seem to be influenced by such-like.