OMG to beat forecasts this year - UPDATE
22nd Oct 2012 08:51
OMG, a specialist in imaging software, saw its share price soar on Monday morning after saying that its full-year results will be 'ahead of current market expectations'. In an statement covering the full year ended September 30th, OMG said that it had built on a strong first-half performance by tra
Read moreSmall caps round-up: Craven House Capital, OMG, AEC Education
24th Sep 2012 11:21
Craven House Capital has agreed to purchase 490 shares in Ceniako, equal to 49 per cent of Ceniako's total issued share capital, from its owner. The shares are being bought at around 2,040 euro per share, equal to a total of one million euro. Ceniako's owner will subscribe for 62.89m new ordinary sh
Read moreOMG unveils big contract win
6th Feb 2012 09:45
Imaging software provider OMG has announced that its Yotta DCL division, the UK's leading highway surveying company, has signed a four-year contract with the Highways Agency. The contract, which carries the option to renew for a further year, is expected to be worth £2.27m over the life of the con
Read moreLondon close: More gains for FTSE 100
19th May 2011 16:48
Stocks finished with good gains again, though slightly off earlier highs, on a busy company news day. Shares in Investec rose sharply after the asset manager posted a rise in profits in the year to 31 March. The company, which operates in South Africa, the UK, Australia and other markets, said oper
Read moreSector movers: Lamprell update boosts oil services
19th May 2011 16:43
Lamprell is leading the oil services sector higher after it announced the proposed acquisition of United Arab Emirates-based firm Maritime Industrial Services (MIS) for a total consideration of $336.1m (£208.1m). MIS is an engineering and contracting group focused on the energy sector, which recor
Read moreOMG revenues hit by delays
19th May 2011 11:11
Investors in OMG may have been shreiking the company's initials in exasperation after the imaging software group said revenues in the half year to 31 May were hit by a project delays. The company, which has been involved in films such as The Chronicles of Narnia and Gulliver's Travel's, posted an a
Read morePace bosses invest after share slump
9th Mar 2011 16:26
Directors at Pace took advantage of a sharp fall in the set-top box maker's share price yesterday to add to their stakes in the company. The shares fell sharply after figures for 2010 showed that hefty one-off costs cut profits growth to a minimum. The BSkyB supplier also said that a US customer ha
Read moreAsian Citrus directors buy after interims
1st Mar 2011 16:40
Two directors of AIM-quoted and Hong Kong-listed Asian Citrus have made significant investments in the Chinese orange grower. Non-executive director Hon Peregrine Moncreiffe has invested nearly £294,000 by acquiring 400,000 shares at an average price of 73.39p each. That takes his shareholding to
Read moreLondon close: Rally falls short as Libya casts shadow
22nd Feb 2011 17:00
Strong consumer confidence figures in the US sparked an impressive rally from the top share index this afternoon following earlier gloom over the Libyan turmoil and the higher oil price, but worries re-emerged and the FTSE 100 finished below 6,000. BHP Billiton is one of those that has limped into
Read moreLondon afternoon: Modest rally continues
22nd Feb 2011 14:12
Shares continued to pare the morning's losses over the lunch time trading session, and from a position at the mid-morning stage where only five FTSE 100 constituents were in positive territory, by 2pm that number had grown to around 20. BHP Billiton is one of those that has limped into the black. T
Read moreOMG Sensing defence growth
22nd Feb 2011 12:11
Imaging software provider OMG is paying up to $8.5m (£5.3m) for Sensing Systems Inc. AIM-quoted OMG believes a combination of the technologies of 2d3 and Sensing, which began trading in 2000, will provide a much stronger business in the aerial imaging market. OMG targeted the defence sector in 200
Read moreLondon close: Market jumps 125 points
2nd Dec 2010 16:33
Blue chips staged an impressive late rally to finish more than 100 points higher for the second day running. There was no big bond repurchase programme today from the European Central Bank, but a decision to extend the current one for three months was enough to get buyers in a lather again. "We ex
Read moreLondon afternoon: ECB inaction deflates market
2nd Dec 2010 14:28
The absence of any mention of plans to launch a bond purchase in the European Central Bank (ECB) press conference this afternoon has taken some of the glow off equities. "We expect the governments to follow what they are committed to, they all have their adjustment and stabilisation programmes," E
Read moreOMG pats itself on the back
2nd Dec 2010 14:17
The share price of motion capture specialist OMG moved to a 52-week high after its "best ever year". Both sales and profits were ahead of expectations. Revenue for the year ended 30 September jumped to £31.17m from £26.19m the year before, while profit before tax surged to £0.95m from £0.61m. Adjus
Read moreOMG wins Nottingham contract
13th Oct 2010 11:07
OMG's Yotta DCL subsidiary has won a contract with Nottingham County Council. Yotta uses OMG's motion capture software to survey highways and pavements plus the assets related to them. Yotta will be surveying Nottingham CC's whole road network over the coming year. This will provide an inventory of
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