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OMG plc, the technology group providing image understanding products for the entertainment, defence, life science and engineering industries, will announce its interim results for the six months ended 31 March 2014 on Wednesday 4 June 2014.
Missed the news last week but a nice Contract with Telford & Wrekin. ( See Above )
http://www.investegate.co.uk/omg-plc--omg-/rns/holding-s--in-company/201404030847359538D/
quiet board ,just found a sneaky corner here to increase my ill gotten gains from lloydes i placed it in here for a few pennies more rise and shine all aboard the skylark for a little trip north
Has shown as a sell...
19 March 2014 OMG plc ("OMG" or the "Group") Contract Win - UK Ministry Of Defence ("MOD") chooses 2d3 Sensing for five research projects - OMG plc, (AIM: OMG), the technology group providing image understanding products for the entertainment, defence, life science and engineering industries, is proud to announce that, continuing its tradition of providing cutting-edge applied research solutions to the UK MOD, 2d3 Sensing, the Group's defence and security business, has been awarded, and is making progress on, five projects for the UK MOD's Defence Science and Technology Laboratory ("Dstl"), the total value of which is approaching GBP350,000. These projects include short-term proofs of concept through the Centre for Defence Enterprise and FATS4, through to involvement in a long-term research programme managed for Dstl by an industrial consortium. 2d3 Sensing continues to progress the application of state-of-the-art computer vision applications and metadata-rich media capabilities to solve Defence challenges and looks forward to further developing our relationship with the UK MOD. Additional details on some of the projects are included below. Commenting on the news, Nick Bolton, CEO of OMG, said: "We are very pleased to have been selected to work on a number of projects with the UK MOD. It is testament to the strength of our relationship and our technology that we have been chosen for both short and long-term programmes. We look forward to continuing our work with the UK MOD and bringing our cutting-edge applied research solutions to an increasingly diverse range of projects." For further information please contact: OMG plc +44 (0) 1865 261800 Nick Bolton, CEO David Deacon, CFO
Get rid of OMG Life and this is a solid company.
makes me laugh
Just stumbled upon this company! To me that camera idea looks terrible! Pants reviews also from what I've seen online. Really liking the other parts of the business though!
double trades.............
Read the last couple of annual reports for the buried information. This product was doomed from the start.
I rest my case. This is an overpriced and unwanted product with no meaningful future. Read between the lines of the doublespeak and you can see they can hardly give them away. The world of Autography..........................jeez. There is no chance this will make money and the people marketing this must be absolutely deluded to publish this utter pap
ORYX have upped their stake ___ http://www.investegate.co.uk/omg-plc--omg-/rns/holding-s--in-company/201310280942095210R/
£100 off the price of an Autographer plus free shipping! With our Autographer community expanding and more amazing memories and rich life-stories captured, we’ve been able to see a clear route to making savings as we scale up our production. This means we are reducing the price of an Autographer by 25% to just £299, opening up the new world of Autography to even more people. The £299 price includes not only the camera device itself but also the desktop application, the smartphone app and the cloud sharing service. Plus we now include FREE shipping. Autographer is currently available to selected European* countries and will be available in North America and the rest of the world very soon. And existing buyers aren't left out either as we've sent them a £100 voucher to make up the difference. The time has never been better for you to get an Autographer. Visit the Autographer Shop to buy now. The Autographer Team
big volumes/trades here today...........
Update on trading for the financial year ended 30 September 2013. Revenues for the Group are expected to be ahead of the previous financial year but slightly behind market expectations of £30.4m. Out of our four businesses, the three most established subsidiaries - Vicon, Yotta and 2d3 - were all profitable for the full year. Vicon's House of Moves business had a difficult year but both Yotta and 2d3 achieved their respective market expectations. The Group (excluding OMG Life) now expects adjusted pre-tax profit for the period of £3.0m compared to market expectations of £3.9m (excluding OMG Life). As previously highlighted at the time of the Interim Results, US sequestration has delayed the timing and shape of certain deals. Despite winning significant new software deals during the period, 2d3 has seen contract signature delays chiefly as a result of the US Government shutdown and this impacted its overall performance. During the period, OMG Life produced and shipped its first consumer product, Autographer, which was made generally available for sale on 29 July 2013. The Group has sold and shipped its first devices to customers. Feedback from customers on the product's usability and the results it can generate have been positive - testament to the investments made in production processes and supply chain. Compared to OMG Life market expectation the adjusted loss is expected to be £0.4m higher. The Group as a whole finished the year with a cash balance of £7.8m (FY12: £4.3m). Mayrise Limited, the business acquired by Yotta in July of this year, has performed strongly and is delivering tangible benefits to the Yotta business. The first examples of cross-selling between Mayrise and Yotta have already been recorded, just two months after the deal, and the Mayrise business on a standalone basis has performed better than our expectations. The Group will announce Preliminary Results for the financial year ended 30 September 2013 on Thursday 5 December 2013.
a 7am RNS at TVZ re takeover..:)
what happened at MIRL?
Are you serious??
I can't believe it
As said, It's a nice peice of kit and there is scope in the Market place for equipment of this nature and I suspect there will be upgrades ( technically ) too. I must agree the current purchase price is expensive and one would hope if sales increase the price could be dropped. More importantly at least, is that OMG is looking for niches within the Market with new concepts. Yotta DCL has been awarded the five year contract and that's a neat move in the Highways observation sector. Let's hope there are more contracts of this nature.
I to apologise I might have jumped the gun at your post but I did think you where taking a pop at me all I can say is its a new product and the price will come down with more sales.you may be right but with refinement it could be useful if we don't give things a chance we are going to go backwards.