Shares digital

OMG (OMG:AIM) – Interims

Wednesday 13 June

BULL POINTS

> Upbeat trading statement in April

> Core Vicon arm performing strongly

> New Geospatial unit has already won several orders

> Now pays a dividend

BEAR POINTS

> The shares have already done very well

> Investments in new areas could dampen short-term growth

> Dollar weakness not helpful

SHARES SUMMARY

OMG’s shares have rocketed in the past 12 months but if chief executive Nick Bolton’s plans to build up the new geospatial and defence arms bear fruit there should be a lot more to go for. The core Vicon arm continues to rack up excellent profit margins and new orders for the fledgling units should ensure the shares keep ticking up nicely. RM