Oxford Metrics Share Discussion Threads

[wightman1] 18/5/2011 16:11

bbonsall

But at least you (we) are spared the '£1 by Christmas' brigade.

It may be an interesting morning tomorrow...

[bbonsall] 18/5/2011 13:07

Judging by the trading today no-one even knows (or Cares) results are out tomorrow.

[bbonsall] 16/5/2011 15:48

Further evidence of the ignorance surrounding OMG, down we go again.

[bbonsall] 13/5/2011 14:09

I also think that being listed under PHARMACEUTICALS & BIOTECHNOLOGY is a drawback and not wholly relevant to what OMG does now.

[bbonsall] 13/5/2011 12:38

Thank you both for your contributions and letting me know I am not alone here. I doubled my holding at 35p a few weeks ago to add to a holding I have kept from when it previously hit 38p (several years ago) on its way up to 67p and back down below 20p again. Since it was 67p OMG has become a more diverse companty with a higher turnover, more cash in the bank and profitability, yet it languishes. The daily volume and lack of interest here shows how far below the radar this is.

[stone63] 13/5/2011 10:57

I'm also invested and holding on to this company which clearly has fantastic technology which should one day translate into a higher share price. Profits on the bottom line would help support the fundamentals for a rerating. From the outside, AIM listed Andor has some similarities and appears to have done very nicely recently, which does appear to illustrate the potential for tech stocks being good potential investments.

[bbonsall] 13/5/2011 09:01

I have never before seen such a good company so utterly ignored. Could change after next week's results IMHO.

[bbonsall] 10/5/2011 12:01

Another week without any posters here shows how little OMG is understood. IMHO this is a grossly negelcted gem with cash in the bank, profitability and good, growing, turnover.

[bbonsall] 03/5/2011 15:18

More proof this excellent company is way under the radar. Down the share price goes again and no-one subscribed to this board since the last comment 2 weeks ago.

[microscope] 20/4/2011 12:25

Another excellent imho catalogue release. Time these shares were properly rerated a whole lot higher in my view!

[bbonsall] 18/4/2011 19:25

Last year there was a trading update on 28th April following end of first half on 31 March.

[chingman] 07/4/2011 14:43

Interview with Nick Bolton -

[bbonsall] 30/3/2011 10:46

Here we go down again, the value of this company is totally unrecognised IMHO.

[bbonsall] 24/3/2011 17:12

Despite Daniel Stuart's update over 2 weeks ago with a target price of 62p we remain firmly in the doldrums, and the share price has even slipped back once more. IMHO this is an excellent company with good cash generation, increasing turnover and profitability and yet remains totally under the radar. You can tell that by seeing days with no shares traded and weeks with no discussion being posted here.

I have been invested here for a few years now when the share price peaked at 67p. Then OMG was by far a less dynamic company than it is now. It had much lower turnover and profitability than it has now.

[garth] 11/3/2011 09:28

Picture here looks good and as though they have further to go. One doubt in the back of my mind is that the last time they released results with a 'biggest ever contract' the following results disappointed and the price dipped in response.

They have been announcing good news and two directors have now sold shares into that news - one sale of 1m shares.

I understand that directors have to sell sometime, but why now? Why not in 3 months or 6 months time when we would expect the share price to be higher?

Have in the past maintained my position in a share as directors sold - and ended up paying the price of seeing profits disappear.

Was sitting on a 50%+ profit so have taken some of that to invest elsewhere.

G.

[masrscb9] 10/3/2011 12:49

No dead cat here - just kangaroos:

[mymini] 08/3/2011 11:43

8 MAR 2011 OMG Software OMG (FTSE AIM ALL SHARE) 42p BUY (TP - 62p)

Company: Daniel Stewart

Yotta LA contract win

? OMG's Yotta DCL highways survey division has been awarded a 4-year contract for visual road survey by Cheshire East & West and the Merseyside Consortium, where it has worked for the past 5 years.

Yotta has UKPMS (UK Pavement Management System) accreditation, the standard specification for assessment management systems for UK local road networks.

Yotta's system, using high speed camera and image assessment is a cost-effective alternative to manual inspection.

? Yotta (UK) recorded Sep'10 revenue of £4.8m (+3%YoY). Our FY'11 estimate is £5.0m (+3.3%YoY); we expect continuing operating losses in 1H moving to breakeven in 2H'11.

Overall the division remains under pressure from the US operation where the collapse in property prices curtailed demand for visual housing assessment for tax purposes; FY'11 DSCE £6.8m -2%YoY.

? Overall the earnings picture is brighter, with a consistent recovery across the breadth of OMG's advanced image-capture and processing markets, indicating an EV/EBITDA multiple of 5.1x in Sep11 and 3.3x for Sep'12 (DSCE).

? Our OMG target valuation equates to 6x EV/EBITDA (46% upside) in a tech market that shows recent examples of consolidation; e.g. Education Development International on March 7th bid at a 63% premium (14.7x PE); System C Healthcare bid on March 3rd at a 51% premium, indicating 10.1x +1 year EV/EBITDA (DSCE)).

[mymini] 08/3/2011 11:43

RNS Number : 4859C
OMG PLC
08 March 2011




8 March2011



OMG plc



Yotta DCL win four year Visual Survey contract



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 today its Yotta DCL division, the leading highways surveyor, has been awarded a four year contract to carry out visual surveys on behalf of Cheshire East & West and the Merseyside Consortium. The consortium includes Sefton Metropolitan Borough Council, Wirral Metropolitan Borough Council, St. Helens Metropolitan Borough Council, Knowsley Metropolitan Borough Council and Liverpool City Council.

Over the last five years, Yotta DCL has carried out visual inspections for Cheshire & Merseyside. Yotta has a team of experienced field-based surveyors, armed with the latest data collection software who are well equipped to carry out visual surveys in one of the most urbanised areas in the UK, which can present many challenges. The Yotta team is fully accredited with UK Pavement Management System (UKPMS), the national standard for management systems for the assessment of local road network conditions and for the planning of investment and maintenance on paved areas of roads, kerbs, footways and cycle-tracks on local roads within the UK.

Commenting on the contract win Nick Bolton, OMG Chief Executive Officer said:



"We have a good relationship with Cheshire and Merseyside so it's great to be awarded the contract for another four years, so we can build on the relationship and continue to provide them with robust, consistent and accurate data for analysis and asset management decisions."

[garth] 24/2/2011 11:55

Hhhmmm. Took my profits too early on the 2007/8 rise/highs - enjoying a healthy paper profit on the current batch though.

[bbonsall] 24/2/2011 09:31

Garth
Agree entirely. I think the trouble is that OMG is an excellent company with excellent results and fantastic prospects that is so under the radar that nobody understands the potential. Even on current performance, forgetting the potential,it is grossly undervalued IMHO. If you add back the exceptional £1.9 million charge in the FY results OMG made more than 3p per share. Take away the £6 million cash worth 9p per share and OMG going concern is only worth 33p per share at today's price. This gives a capital value of just about £23 million for a turnover of more than £31 million.
I think a lot of people, like myself, are still holding from 2008 and are selling as soon as they can get their money back, which accounts for the regular fall back after every rise. Eventually the penny will drop and price rises will be sustained, I hope! I have recently more than doubled my holding.

[garth] 24/2/2011 09:10

Wouldn't it be refreshing if just occasionally OMG could keep hold of its gains for a day or two after announcing good news...

[masrscb9] 22/2/2011 10:59

Sensing an acquisition...

[bbonsall] 13/2/2011 23:51

smarkmmm

Yes I agree.