The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Ironknut - probably a combination of the general malaise of UK small-cap shares, a change of CE and fears that the current strikes in the USA will effect sales in their entertainment division. However a well run company with good long-term prospects so I intend to hold and may even top-up if share price deteriorates much further.
Quite a dip in the sp. Anyone any thoughts/ knowledge as to why?
Excellent presentation.
Predictable good news. Surprised the sp remained so low for so long.
Now they are the kind of results you want to wake up to. Bought a few more yesterday hoping for decent results and not disappointed to say the least. A great UK company with a world leading patent protected IP across several sectors and still with masses of cash for future investment etc.
Agree - outstanding.
Particularly like the robotics opportunities within the engineering division, given the current drive for AI. Also they are clearly very fussy who they are looking to acquire and the price they will have to pay.
Rock solid update.
Outstanding set of half year results -EPS for 1st half 2.5p. 70% increase in revenue and order book. £64m cash.
I’m a little surprised there has been no M&A action this year to date, given the large cash pile they are sitting on. That said, perhaps there have been no opportunities, at the right price.
6th June will reveal how far the “record order book” has translated into confirmed sales and cash on the bottom line (keeping in mind 2nd half of year weighting typically).
Given the supposed "strong institutional demand" for shares in OMG (which doesn't really seem to be reflected in the share price), one has to wonder why OMG doesn't give some thought to buying shares in the open market with a view to bundling them up to sell on to institutional investors. Utilising only a few £million of their net cash they could effectively "rinse and repeat" several times; they wouldn't need to make a profit (just cover their costs) and it could help set 110p as the bottom of the share price range rather than the top as it's currently. Just a thought.
Plus of course £67M cash still sitting in the Bank.
A good stock to be in this I think
Looking good here. Very transparent & confidence backed statement to the market around current and future performance. Divi paid 23/02 for qualifying holders.
Haha it is a quiet board... You're probably right.
The main reason I invest here is that I am a satisfied customer - great product and great company. Merry Christmas!
Not sure it’s the major factor but you need to be in here for 30th Dec to qualify for the Feb 23 Divi. It could be related to that, at least in part.
Or it could be just our posts here Dave lol
Whatever the reason and as previously posted, getting in here under a quid, is now unlikely.
Lots of buys over the past couple of days ... Higher volume than usual. 110p paid. Something in the offing?
Not forgetting of course, the significant divi increase. A one time only opportunity to get in under £1 I would have thought.
Completely agree - growth industry, excellent team, good cash coverage. No brainer to me from a risk reward pov. Doubled my holding.
A very healthy set of Preliminary Results and forward looking expectations. Also, almost certain to be some M&A news in the next 6 months IMO. They’re not just going to leave £67M in the Bank. Very encouraging.
Can anyone shed any light on those huge trades from Friday/Today please?
Be interesting to see then on 06/12, just how much of a dent has been made by the supply chain constraints reported in the 27/09 RNS.
Hopefully smaller than anticipated and still of course sitting on a very large cash pile.
Nice to see some more big buys coming through.
I would hope to see the board start topping up if the share price stays at this level for a few more weeks.
Fundamentals remain the same.
Hah! It's appeared as a sell :-D
I've topped up with another 12000 shares, trade not showing yet. I bought in a few years ago at this price, OMG will ride the current financial crisis, confident that my money is safe there.