Oxford Metrics Share Discussion Threads

[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 10:07

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 09:22

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 09:13

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 08:48

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 07:30

Omg had a good run.

[garth] 19/7/2022 06:22

New solution launched - Valkyrie.

[tomps2] 23/6/2022 10:30

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/

[lignum] 23/6/2022 07:45

Outstanding order book, great customers with high barriers to entry and repeat business. Oh and they clarified that no tax payable on the sale of Yotta and it has been paid in full in cash.

[garth] 23/6/2022 06:28

-- Having considered the current order book, the expected rise
in the cost base and given that supply chain constraints
are gradually improving, the Board remains confident that
Oxford Metrics is in-line with achieving its full year expectations.

G.

[bountyhunter] 23/6/2022 06:15

Half the market cap in cash after Yotta sale, M&A opportunities.

Vicon growing at 11.8%.

[inntolife] 06/6/2022 15:34

That will account for the rise today then Babbler.

[babbler] 06/6/2022 07:31

tipped in the telegraph over the weekend.

[battlebus2] 06/6/2022 07:14

Well I guess we’re going higher then 👍

[mark1000] 06/6/2022 01:39

I have a feeling Half Penny is desperate to buy shares in the 85p to 89p range. Who can blame him so would I the truth is in view of the recent sale of Yotta the current share price is exceedingly good value. With so much cash sitting on the balance sheet and good growth potential expect Venture Capitalists to be doing the sums.

[garth] 01/6/2022 17:25

halfpenny,

If this a dead cat it has clearly hit a Flubber floor. With all respect fella, you are making yourself look a little foolish. This week held a pivotal event for the company. It isn't "classic" in any way. Folk on this thread have been here a long time and understand the journey that OMG have been on. They have an appreciation for the valuation and just how cash generative/cash rich OMG are. Maybe time to move on.

Just a view.

G.

[halfpenny] 01/6/2022 15:40

Watch out thus is a classic Dead Cat Bounce falls to come 85-89p or less as it overshoots down. Very Risky at this level.

[lignum] 31/5/2022 12:46

Corporation tax rate 19% so even if cash consideration of £52m was pure profit not sure how you get to net cash inflow of £30m?

The other aspect of this sale is that it makes OMG themselves a cleaner target if someone took a fancy to them - no need to worry about how to value Yotta if making a bid.

[halfpenny] 31/5/2022 11:14

I say that growth 2.5x is wishful thinking i would expect 1.75x with a tailwind as we move into a recession phase over the next 2 years. With M&A the rewards can take 5 years plus. Cash in the bank is loosing money as inflation runs at 10% plus and bank interest return 2% or less. Still Risky at these levels so 80-89p is realistic. Hence Profit takers moving in. Lets see what analysts predict!!! Too Risky for me..

[battlebus2] 31/5/2022 10:03

For Oxford Metrics, today’s sale not only realises the investment we have made in Yotta at an attractive multiple, but it also brings even greater clarity to our go-forward growth path. This clarity adds to our excitement, our energy and our focus on the Smart Sensing opportunity that lies ahead. Our five-year ambitions to increase revenues by 2.5x and to achieve a 15% adjusted profit before tax margin remain unchanged. Now, through the lens of our Vicon business and its core technology, we have the opportunity – and increased financial firepower – to make organic and M&A investments that broaden our product bench, extend our sensing and analysis capabilities and scale us towards achieving our five-year strategic and financial goals.”

[halfpenny] 31/5/2022 09:07

Yes exactly the fall begins, TAX IS A MAJOR IMPACT. Too Risky as profit takers move in and sell sell sell.

[battlebus2] 31/5/2022 08:53

Exactly 👆

[redwing1] 31/5/2022 08:16

You are clueless, halfpenny. This is a game changer deal with an exit price way in excess of analysts' valuation of the business. It leaves OMG with the much larger, higher margin Vicon and the cash to significantly grow the business via acquisition.

The sale of Yotta will be 90% complete if it has reached the announcement stage, so execution risk is low. Your deductions for CGT and costs look like a wild guess and a poor one at that given that the statement would have talked about 'net proceeds after tax' were they to differ significantly from the gross figure.

You can talk it down all you like, but I am guessing the share price will consolidate around here for a while and head on back to 120p+ if interims are on track towards the end of June.