Solid dividend player with healthy balance sheet but average value, track record, and growth prospects. Summary of this report on OMG [link]
at 44p one to tuck away for 2016 Looks like a nice share to tuck away for 2016.CASH currently 8m + 2m to come from recent disposal + ongoing CASH generation 2m+There is likely to be news re the commercialisation of Life in 2016 and this could be a catalyst for a further re-rating.Net of CASH the business is on a fcst p/e of 10x despite being a growth business in good sectors and significant value to be released from the IP in Life.All IMHO, DYOR + BoLOMG is in my portfolio
50p By end of year? Nice Rally for this share and "BRAVO" on second Special Believe this to flourish in 2016 - my target 50p end of this year Any thoughts?
NEW ARTICLE: OMG goes dividend crazy! "LSE:OMG:OMG has always thrown off lots of cash, but it's almost drowning in the green stuff after selling its defence software division for $25 million (£17 million) in April. There was another special dividend in these full-year results, with ..."[link]
Re: I'm in!!! LambriniGirlNo offence - but - Do you just pull out numbers out of thin air and post them? Is there any evidence supporting your claim? I did see you post on "Infinis energy" as well and you bought back in. I appreciate - possibly you have a portfolio far bigger than mine and have more knowledge than me but please do advise - as every little pointer in this place is a valuble asset in a way .. Regards
Re: I'm in!!! Sell..target 30p..
I'm in!!! Hello fellow OMG investors,I've decided to take a plunge and have bought 12,000 shares at 47p this afternoon. A little ahead of what I wanted to pay but I'm feeling quite positive about the future for this company. Let's hope I'm proved right As ever, GLA that are holding...Frankers
NEW ARTICLE: Well-off OMG returns another slug of cash "LSE:OMG:OMG's share price is up by 50% since we said "cash-rich OMG looks cheap" at the full-year results in December. Since then, management has sold its defence software division for $25 million (£17 million) and handed back a slug of the ..."[link]
Still good value Presumably once they have received all of the disposal cash they will have approximately £25m in net cash against a market cap of a little over £50m, plus remaining businesses producing a profit of £5m or so a year plus valuable IP.Why is this decent little company so unloved by the market?
Disposal proceeds Nearly 5p special dividendShare rises 6p. Total proceeds returned if you get my drift.
NEW ARTICLE: Cash-rich OMG looks cheap "LSE:OMG:OMG's share price has been rangebound for the past year, with progress capped by heavy spending on its wearable camera device. But a decision to ditch the hardwear and instead begin licensing its know-how to big consumer electronics firms ..."[link]