Latest news with #OMIP
Business Times
2 days ago
- Business
- Business Times
Overseas placement scheme for locals ahead of pace at six-month mark
[SINGAPORE] A Workforce Singapore (WSG) initiative has placed 70 locals in overseas roles within six months of its November launch – surpassing a quarter of its two-year target. The S$16 million Overseas Markets Immersion Programme (OMIP) aims to place 250 locals within two years. The current participants come from 60 companies. 'It's been quite well-received,' said WSG director for trade and lifestyle Kenneth Wong. 'Trajectory-wise, we are making good progress.' The programme supports firms to send employees with little or no overseas experience for placements of at least six months, with funding for up to nine months. Companies must submit a structured overseas on-the-job training plan and a 24 to 36-month career development road map, to ensure that the stints contribute meaningfully to career progression. The profile of participating companies has been 'quite a mix', spanning sectors such as wholesale trade, information and communication technology, manufacturing, and finance, said Wong. A NEWSLETTER FOR YOU Friday, 8.30 am SGSME Get updates on Singapore's SME community, along with profiles, news and tips. Sign Up Sign Up In most cases, workers remain with their Singapore-based company, which may operate an overseas office or branch. Joint ventures can also tap the scheme, but firms without an overseas presence or partner cannot. Currently, about half of the placements are in Asean countries. Other markets include China and Switzerland. The participating employees are a 'well-balanced' mix of professionals, said Wong. They range from their late 20s to mid-career staff in their 30s and 40s, with some in their 50s as well. On why companies are keen to participate, Wong said: 'This is a good way for them to give global exposure to their talent that they want to groom. 'The programme is designed as a win-win: Companies pursue expansion or transformation plans, while individuals gain skills and career growth. It also helps with talent retention.' OMIP in action Both multinationals and small and medium enterprises (SMEs) have tapped the scheme. In March, Sony Electronics Singapore used OMIP to post manager Thomas Sim, 45, to its Sri Lanka branch, to serve as country head for two years. His remit includes research, market intelligence, and understanding consumer and competitor behaviour – tasks that require a physical presence, said Shirley Chia, a senior manager in Sony's human resource department. The assignment, she said, is part of a broader career plan to give Sim leadership experience and higher visibility for future opportunities in Singapore or abroad. Sim said being on the ground has enabled him to strengthen ties with local partners, sharpen his understanding of the market and respond more quickly to developments. After this posting, he hopes to take on more regional or global leadership roles, and to inspire others to consider international assignments. Greydient, an SME in creative branding, also plans to tap OMIP. It will send its head of project management to Thailand for at least six months to better understand the local business environment, client and consumer behaviour, and cultural nuances. Founder Keynes Yeo noted the importance of OMIP funding for SMEs, for which it is 'a luxury to have someone offshore'. The move will support Greydient's efforts to build a foothold and grow its brand in Thailand, he said. Such proximity allows for richer interactions than remote calls and creates opportunities for knowledge transfer that are harder to achieve from afar, he added.
Yahoo
02-08-2025
- Business
- Yahoo
We Ran A Stock Scan For Earnings Growth And One Media iP Group (LON:OMIP) Passed With Ease
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like One Media iP Group (LON:OMIP). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide One Media iP Group with the means to add long-term value to shareholders. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. One Media iP Group's Improving Profits Even modest earnings per share growth (EPS) can create meaningful value, when it is sustained reliably from year to year. So it's easy to see why many investors focus in on EPS growth. It is awe-striking that One Media iP Group's EPS went from UK£0.00072 to UK£0.0028 in just one year. Even though that growth rate may not be repeated, that looks like a breakout improvement. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Unfortunately, One Media iP Group's revenue dropped 11% last year, but the silver lining is that EBIT margins improved from 8.9% to 27%. That falls short of ideal. You can take a look at the company's revenue and earnings growth trend, in the chart below. For finer detail, click on the image. See our latest analysis for One Media iP Group One Media iP Group isn't a huge company, given its market capitalisation of UK£9.5m. That makes it extra important to check on its balance sheet strength. Are One Media iP Group Insiders Aligned With All Shareholders? As a general rule, it's worth considering how much the CEO is paid, since unreasonably high rates could be considered against the interests of shareholders. Our analysis has discovered that the median total compensation for the CEOs of companies like One Media iP Group with market caps under UK£151m is about UK£296k. The One Media iP Group CEO received UK£245k in compensation for the year ending October 2024. That is actually below the median for CEO's of similarly sized companies. While the level of CEO compensation shouldn't be the biggest factor in how the company is viewed, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. Generally, arguments can be made that reasonable pay levels attest to good decision-making. Should You Add One Media iP Group To Your Watchlist? One Media iP Group's earnings per share have been soaring, with growth rates sky high. Such fast EPS growth prompts the question: has the business reached an inflection point? Meanwhile, the very reasonable CEO pay is a great reassurance, since it points to an absence of wasteful spending habits. So faced with these facts, it seems that researching this stock a little more may lead you to discover an investment opportunity that meets your quality standards. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with One Media iP Group , and understanding this should be part of your investment process. Although One Media iP Group certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of British companies that not only boast of strong growth but have strong insider backing. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
