Oxford Metrics Share Discussion Threads

[smarkmmm] 30/6/2009 20:15

Interesting article, mentioning 2d3:

"3D BROADCASTING: New Dimension" June 29, 2009

[radon] 23/6/2009 13:04

OMG is still in profit during very tough times. I reckon that there will be a great bounce back in 1-2 years.

I think the main reason OMG is down is to do with where AIM is, and not where OMG is.

[mctmct] 23/6/2009 11:31

Interim Results today. Cash pile still decreasing. Views?

"In summary, the Board recognises that the Group's reported results reflect the
benefit of foreign exchange gains and that, although there were bright spots of
trading within the group, tougher market conditions in the US have taken their
toll at the underlying level. The pipelines for our businesses, including in
the US with government R&D stimulus packages are encouraging but the timing of
these opportunities remains difficult to predict. The Board's prudent view is
that currency will continue to have a significant bearing on our results and, as
a consequence, our lower margin businesses may contribute a greater proportion
of Group revenue in the coming period. Against this backdrop, the Group has
taken proactive measures in all divisions to reduce costs and the Board will
continue to assess the cost base, ensuring that we enter the second half a
leaner business.


We remain a well equipped and robust business operating in diverse markets,
which we believe puts us in a good position to weather this economic storm. We
continue to spread ourselves across multiple markets (highways to video games),
multiple geographies (Peru to Poland), and multiple products and services
(camera hardware to defence consultancy services). Undoubtedly some of our
markets have been impacted by the economic downturn, but as our diversified
portfolio demonstrates in these results, not all.


To deliver improved levels of performance, we are focusing on operational
efficiency and excellence. In other words, where we are applying resource, we
are fully expecting to see the benefits delivered. We would like thank our staff
in all our divisions for their determination and commitment in these changing
times.

The fundamental strengths of OMG remain - our people, our technologies and our
execution. In tough times, these foundations become more significant in
underpinning the Group's prospects for profit and for growth."

[englishbeakfast] 21/6/2009 17:27

impulse gamble !

[bbonsall] 21/6/2009 07:58

What made you buy these englishbeakfast? I bought these 3 years ago at 40p and sat through a rise up to 67p and back down, now sitting on a large loss

[englishbeakfast] 18/6/2009 11:35

got them - reported at 10.14

[englishbeakfast] 18/6/2009 10:04

bit dead here ! just placed a small order an hour ago and it hasn't been filled yet

[boraki] 13/3/2009 09:20

These will start to move up soon.

Seen it all before.

[mctmct] 06/3/2009 13:18

25 February 2009






OMG plc


AGM statement






OMG plc, Oxford Metrics Group (LSE: OMG), ('OMG' or 'the Group'), the technology
group providing image understanding products for the entertainment, defence,
life science and engineering industries, will hold its Annual General Meeting at
4pm today.


At the meeting Anthony Simonds-Gooding, Chairman, will make the following
statement:


"The Board is pleased to announce that the Group's revenue in the first four
months of the current financial year has been comparable with last year at
constant exchange rates. Despite the current macro-economic climate the Group's
markets have so far proven to be resilient. The Board's current expectation is
that the Group will report revenues in the first half of the current financial
year similar to the first half of last year before adding the Yotta MVS
acquisition."


The Company will provide further information on trading when it announces its
results for the six months ending 31 March 2008.

[radon] 24/2/2009 20:45

AGM tomorrow 25/2. Anyone going?

[bbonsall] 11/2/2009 17:14

I did 'phone OMG about this and to my great surprise I was connected directly to Nick Bolton! He didn't know of the mistake until told and said he would try to get a corrected statement out, which you can see he has done. He was intertested in my modest investment in OMG which was at 40p only to watch it go up to 67p and down to the current level. I was impressd by his willingness to chat and his relaxed pleasant manner. He did say that OMG share price was suffering from the general lack of interest in small caps and in technology. He mentioned that the company is far more advanced and active than it was when the share price was last at current levels. I am sure long term holders will be rewarded.

[gengulphus] 11/2/2009 09:51

... or have they really granted the options at 1% of today's price?

I very much doubt it, as I believe it would make him liable to income tax and quite possibly National Insurance contributions as well on the difference between the exercise price and the current market price. That would be a tax bill of £80k+ for the current tax year that will become liable over a year before any of the options become exercisable - which is the sort of gift horse that you should look in the mouth!

So it looks to me much more likely to be a mistake, with either 23.42p or £0.2342 being intended and an incorrect hybrid of the two actually being produced.

But if you're worried that it might be the real exercise price, the way to settle it is to call one of the numbers at the bottom of the RNS...

Gengulphus

[mctmct] 11/2/2009 09:13

Is this a mistake, or have they really granted the options at 1% of today's price?

OMG plc (LSE: OMG), the technology group providing image understanding products
for the entertainment, defence, life science and engineering industries,
announces that on 10th February 2009, following the recommendation of the
Company's remuneration committee, David Deacon (Group Finance Director) was
granted an option under the Company's 2003 Enterprise Management Incentive
Scheme, and the 2000 Unapproved Option Scheme as follows:


+-----------+--------------+--------------------+------------------+---------+
| Number of | Exercise | Vesting dates | Exercise | Term |
| shares | price per | | schedule | |
| | share | | | |
+-----------+--------------+--------------------+------------------+---------+
| | | | | |
+-----------+--------------+--------------------+------------------+---------+
| 900,000 | 0.2342p | 15 March 2011 | 50% 15 March | 10 |
| | | | 2011 | years |
+-----------+--------------+--------------------+------------------+---------+
| | | 15 March 2012 | 50% 15 March | |
| | | | 2012 | |
+-----------+--------------+--------------------+------------------+---------+

[the crypt] 30/1/2009 11:59

EAT THEM PICKLES -

[bbonsall] 17/12/2008 08:38

Thanks Geo

[geovest] 16/12/2008 08:31

IC: Most of it is just cut and paste from the results announcement. IC concludes: OMG's shares halved since we suggested buying them and now trades on a modest forecast PE of 10, even though it generates most of its revenues from the public sector (they obviously got the cleaner to write the comment), and should therefore be well insulated from the current economic woes - Buy.

[boraki] 15/12/2008 17:28

I would like to know too.

[bbonsall] 12/12/2008 09:05

Can anyone tell us please what Investors Chronicle says today about OMG results last week?

[bbonsall] 02/12/2008 23:45

darlocst
Thank you very much.

[bbonsall] 02/12/2008 18:05

Darlocst
Thank you for your observation. I would appreciate it if you could tell me where you have seen a forecast for next year's profit? At an share price of 25p a multiple PE of 10 mmeans 2.5p per share profit and therefore a profit of £1.7million. This is less than just reported this year.

[darlocst] 02/12/2008 16:49

I have to disagree with the two posters above. I have held OMG in the past & think it has a nice collection of businesses. It seems to be a good, well run company.

However is looks expensive relative to other smallcap shares. Why buy OMG on a forecast PE of 10 when you can pick up other shares with growth prospects + net cash on much lower ratings & therefore a bigger upside?

[bbonsall] 02/12/2008 16:41

Radon
I agree, the reported headline by Evolution's Analysts concentrates on reduced profit and talks about a disappointing second half. The second half turnover was well up on the first half so what is that about? No mention of the investment in new businesses which are shaping up nicely. This is the natural consequence of growing a company with exciting prospects, they have to invest to do it. Also, this company is doing it without debt!!
I am disappointed. However, I am sure of one thing, OMG is in better shape with enhanced prospects, much more so than when I invested in it at 40p nearly three years ago. The current share price is just ridiculous.