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OMG (OMG)     

neosenti - 05 Dec 2003 14:15

Any one know why these results haven't moved the share price?

LONDON (AFX) - OMG PLC said it swung to a pretax profit for the year to Sept 30 as a strong recovery in the US and Japan helped it return to profit.

'The performance for the year ended 30 September 2003 was well ahead of expectations and a dramatic improvement on the previous year,' said chief executive Julian Morris.

The company moved to a pretax profit of 891,000 stg from a loss 1.79 mln in the year earlier while earnings per share were 1.69 pence compared with a loss of 3.22 pence in 2002.

Sales jumped 21 pct to 9.8 mln stg with more than 90 pct of the year's revenues generated outside the UK.

In the US, sales surged 54 pct, while the company also benefitted from 'exceptionally strong sales growth' in the Japanese entertainment market.

Sales in Europe, excluding the UK, fell amid the continuing stagnation of the larger European economies, particularly Germany, OMG said, although there are some recent signs of an upturn, stimulated in part by a new round of EU government spend on technology R&D.

OMG expects its core business to continue to generate organic growth and said there will be increasing activity for evaluation of opportunities for growth by acquisition.

The company does not plan to pay a dividend.

hangon - 16 Dec 2011 11:12 - 27 of 27

JRM
Maybe they don't feature in film credits, but they do the bits that make you think OMG
(-but they aren't alone).
[EDIT May2018]-It is common in Film-Making for the hardest=parts (which giv the film the sizzle), to be unrecorded - otherwise what is the Hollywoood Co doing? They need to keep the illusion that THEY are the only folk able to make the Film (and the Profits).... without OMG, one might believe the film was going nowhere . . . what OMG needs to do is to create a "short" -noting to do with Gravity, naturally....but maybe a time-travel EPIC... lasting just 5-minutes and see what folks will pay to watch it..... Difficult, with the GRIP Hollywood has on the UK (& World!) Cinema outlets.... but with the Internet...?
Quite simples!

EDIT (5Jan2012):- I think they are a "confusing" equity, having healthcare etc. and street-mapping, which will be difficult with Local Authority cuts - Also 'Military' features there, but not exactly sure what . . . . as to Film-Credits, I'm now thinking they should get a "credit" as nearly everyone else does . . . BTW I don't like the P/E ratio, still too high for me.
EDIT (Dec2017 - Re Film Credits)...Saw a research program that suggested "Hollywood" never credits those working "behind the scenes" - The set-up is they employ a few computer-wizes for a fixed-fee. Then ask for endless "tweaks" with no more money. Net result these Garage-Operation go belly-up. Therefore Hollywood doesn't want to be tarnished by unstable ventures....even thos the film would not exist without them. This is a "scandal" waiting to break.... much like the Voiceover issue lasted for decades.... So, if you did't see a Credit for OMG - that may explain....FWIW.
Did you buy-in after the results?
EDIT (10Feb2012)- Sp 24p, AGM in Oxford at 4PM....difficult getting home this cold weather, eh? Bad year with a ruinous project costing £1m... oooer!
EDIT (27Aug2013) - sp 33p (was 26 earlier) w. moderate business wins appearing. PE ratio still High at 22 - DYOR.
EDIT (25March2014)- sp 27p looks like it's stuck - at least until Management knows what "Sizzle" means. Some MOD-wins are hardly exciting. It was c.36p about a year ago....oooer.
EDIT-(11May2016)-sp 44p - BTW they sold Autographer camera division . . . I was never impressed with this when compared with GoPro and several look-alikes...
EDIT(30MAy2018)-sp abt 78p down on reduced profits....but I noticed the Name-Change to Oxford Metric [OMG] - so no Real changes, except they sold the silver...DYOR =Yotta, so that's gone as well.
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