That would be normal. Using thicker oils help, but is not really necessary. During a cold morning with the Redline 10w-40 in my car it'll make some odd noises for a minute or two. Don't worry about the ticking noise, in fact you will still hear a similar noise faintly after the engine is warm. I believe that sound is part of the intake system and neither is an issue.
If it still worries you go to a bmw dealer and ask a tech. to come over and listen, maybe give you an idea whether its really a problem.
I'm sure that won't cost you anything but time.
98 Dakar M3 NCC BMW CCA Member
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