Oxford Metrics Share Discussion Threads

[dicktrade] 20/11/2023 12:24

John, i dont hold but have been looking and from what i see this has become rather volatile, i think there are a number of traders taking positions and setting stop losses that have been triggered today.

[johndoe23] 20/11/2023 12:05

And drops again so frustrating

[parob] 09/11/2023 12:44

Well that little pull-back was bought up quickly and looks like this wants to go higher. It was £1.20 before the seller started off loading and since then we've had a terrific trading update and a great acquisition, so hopefully will move above that price at some point. This also has to be a likely takeover target with all that cash sat in the bank.

[srichardson8] 09/11/2023 09:41

Yes as reported on Beeb radio though still lingering effects into next year it seems. Big meeting tomorrow we should know more.

[johndoe23] 09/11/2023 08:48

Actors strike resolution near? Even though this was not even mentioned in recent update

[nchanning] 01/11/2023 09:49

This is the right kind of size of acquisition for them to be doing , too small to attract competition from private equity so attractive multiple . Hopefully they'll announce the return of some of the cash via tender offer at the next results and continue the strategy of small bolt ons rather than a large transformational acquisition . Good to see management are staying and they want shares in OMG

[alter ego] 01/11/2023 08:35

"Oxford Metrics plc (LSE: OMG), the smart sensing software company, servicing life sciences, entertainment and engineering markets, today announces it has entered into an agreement to acquire Industrial Vision Systems Ltd ("IVS"®), specialists in developing machine vision software and technology for high precision, automated quality control systems used across numerous industries. The consideration of £8.1m is to be funded with existing cash resources and new ordinary Oxford Metrics shares."

[johndoe23] 01/11/2023 08:20

Should be 100p plus

[babbler] 01/11/2023 08:05

Look at their clients... ;)

[privileged] 01/11/2023 07:53

Was worried about the equity issue but only 1m or under 900k worth of sharesBuying 10x ebit and 2 and a bit x revenue not cheap but not expensive either if they are growing, and earning enhancing

[babbler] 01/11/2023 07:42

Very nice...

[crazycoops] 25/10/2023 16:36

Why is earning interest below inflation a problem? They are not a consumer. That cash pile is earmarked for acquisitions which are likely to be cheaper in current market conditions.

[mr macgregor] 25/10/2023 13:44

This doesn't add up. The headline looks promising - beaten expectations. When you look closer it becomes clear that expectations were for a very weak performance and what they achieved was a weak performance. As has been pointed out, H2 revenue beat H1 but adjusted PBT declined from 4.1m to 2.2m. Also the cash conversion in H2 was rubbish given the inventory and trade receivables they had at H1 end. Nice cash pile but that will be earning interest below inflation.

[johndoe23] 25/10/2023 13:26

Someone's dumping 10k incessantly

[doobz] 25/10/2023 10:27

True, I probably should have waited. Seen a few releases like this ending the day down after all. Market makes little sense these days

[nakedmolerat] 25/10/2023 10:21

an advantage for me to top up with some more

[johndoe23] 25/10/2023 10:14

Clearly seller taking advantage of rise this morning. Pfft

[nakedmolerat] 25/10/2023 09:50

remember there still is a seller and those who will jump off on a early rise

this morning just reinforces what a solid business this is with plenty of cash to invest in more solid businesses, whilst lots of companies are reporting each day inline and profit warnings, why would you bother with them?

[doobz] 25/10/2023 09:16

Bought a load this morn all showing as sells

[johndoe23] 25/10/2023 08:50

8% rise is a bit disappointing even in this market

[boraki] 25/10/2023 08:46

Yes, that is true.

Lets hope the market catches up soon with this share

[spooky] 25/10/2023 08:10

Not sure these numbers were ever in doubt, its all about the orderbook and outlook. Details were very limited on both fronts. Having said that the shares are unequivocally cheap IMO.