OM HOLDINGS LIMITED

KLSE (MYR): OMH (5298)

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Last Price

1.48

Today's Change

+0.01 (0.68%)

Day's Change

1.47 - 1.50

Trading Volume

20,500


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866 comment(s). Last comment by paperhand123 5 days ago

sims

172 posts

Posted by sims > 2021-10-26 13:38 | Report Abuse

post chinese new year.
end of Q4, 2021.

Damien88

225 posts

Posted by Damien88 > 2021-10-26 14:13 | Report Abuse

3Q Operation Results out now: FeSi production up 45% from 2Q, and MnSi up 57%.
FeSi alloy prices was up at US$4,125 /ton end Sep (from US$1,920 end Jun) and MnSi at US$1,615 /ton

Posted by johnnygoodnews > 2021-10-26 14:19 | Report Abuse

Why the share price drops everyday's

Damien88

225 posts

Posted by Damien88 > 2021-10-26 14:21 | Report Abuse

Entry permit for foreign workers are gradually being approved by the authorities, albeit the pace of approval is slow. But at least the process has started.
Company is hopeful the manpower issue will gradually improve and full production is expected in 2022

Posted by johnnygoodnews > 2021-10-26 14:27 | Report Abuse

When the 3q Result

moneyface

29 posts

Posted by moneyface > 2021-10-26 14:47 | Report Abuse

Already out

Posted by nagasaran93 > 2021-10-26 14:48 | Report Abuse

Wow good news!!! We have to stay until year end 2022

Loop37

83 posts

Posted by Loop37 > 2021-10-26 14:51 | Report Abuse

@Moneyface
That one is Production Report

Posted by teareader818 > 2021-10-26 14:55 | Report Abuse

Q3 results should be out very soon.


Loop37 @Moneyface
That one is Production ReportMoneyface

sims

172 posts

Posted by sims > 2021-10-26 14:56 | Report Abuse

johnny,
only production and commodities price update, and manpower status.

details on profit, have to wait for presentation update at OMH website

moneyface

29 posts

Posted by moneyface > 2021-10-26 14:57 | Report Abuse

Oh...Sorry, my mistake

sims

172 posts

Posted by sims > 2021-10-26 15:09 | Report Abuse

22-Jun-21
KLSE ~ 16.8 Mil (2.33%)
ASX ~ 721.2 Mil

27-Jul-21
KLSE 59.1 Mil (8.7%)
ASX 679.5 Mil

8 Oct 21
KLSE 88.151 Mil
ASX 650.471 Mil

sims

172 posts

Posted by sims > 2021-10-26 16:15 | Report Abuse

now 13.5% of OMH share is in KLSE.
take away the share that belong to 4 largest shareholder (45% as of april 21, assume minor change)

remaining share on retail at ASX is about 40+ %

sims

172 posts

Posted by sims > 2021-10-26 17:51 | Report Abuse

if you look into OMH IPO documents, OMH dual listing in KLSE do not need to report qr report.

want to see details? wait for 2H interim report.
or a glimpse? wait for OMH investor briefing.

or we can always let our ASX counterpart roughly estimate the gross profit.

i guess, that why KLSE dont have much response to the announcement or news, coz dont know how much

sims

172 posts

Posted by sims > 2021-10-26 21:31 | Report Abuse

thanks for the advice, King.
or
wait for cmsb qr report on end Nov (own 25% of OMS), x3 for rough estimate of OMS Q3 profit.

5125

26 posts

Posted by 5125 > 2021-10-26 21:38 |

Post removed.Why?

Posted by nagasaran93 > 2021-10-27 09:15 | Report Abuse

Good morning! Another day another gap down... No one wants this gem...

Damien88

225 posts

Posted by Damien88 > 2021-10-27 10:50 | Report Abuse

The shorter is sure persistent to want to keep below rm3.70 hoping for some desperate soul to sell out to him and collect cheap…vol will be Low at this level as not many wants to sell now at current alloy prices and the kind of GPM that the company is enjoying

Damien88

225 posts

Posted by Damien88 > 2021-10-27 10:51 | Report Abuse

I agree that the company IR or the people in charge of IR needs to be more active to really get the good news out to the market.

Damien88

225 posts

Posted by Damien88 > 2021-10-27 10:53 | Report Abuse

The company IR effort and the lack of understanding of capital markets and what makes an investor ticks, is really Omh’s archilles heel

Damien88

225 posts

Posted by Damien88 > 2021-10-27 10:58 | Report Abuse

Being the largest ferroalloy smelter in SE Asia and top 3 globally (ex China), with supercycle and alloy prices at highest level ever, how can this stock still be lagging at current level - 30% below its recent high of A$1.70 (RM 5.30)

sims

172 posts

Posted by sims > 2021-10-27 11:32 | Report Abuse

from dual listing on 22 june 2021, when Director Low had transfered 10 million share out of total 760 mil share from ASX, to KLSE

todate as of 8 Oct 21,
about 88 mil share is at KLSE.

that is 8x within 4mth .

i see the trending of shifting toward KLSE.
i believe the share price will follow the performance of the company, which need to be released on time.

malaysia Home Minister & Health minister had allow qurantine of 7 days, for foreign worker to enter malaysia, cost borned by employer of coz.

oil price is high (not yet 100, but soon) and LNG spot price is crazy high, as exporter, malaysia are going to had to have big budget.

Sarawak side, cement industry going to move.
agreed that OMH is a great company....but a bit lag on the human management (investor, goverment relation, human resource) and sourcing.

one of the advise, is i see no harm tell public your quarter profit, you going to submit it to CMSB anyway.

Loop37

83 posts

Posted by Loop37 > 2021-10-27 15:19 | Report Abuse

Elkem ASA – Record results in extraordinary markets

Elkem released superb result citing high market price for its Silicone products contributing to this.

Posted by nagasaran93 > 2021-10-28 08:33 | Report Abuse

Good morning! It's hurtful to see the Aussie index opened gap red today, another sell signal appeared for daily. Looks like the end game.

DarenWai

351 posts

Posted by DarenWai > 2021-10-28 09:08 | Report Abuse

Aussie OMH is sinking bursa

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:10 | Report Abuse

For those who look at price and technical chart soley, the short seller will inflict further pain and more price drop to come so that he can buy back from weak hand cheaper than his short.

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:11 | Report Abuse

For those we goes into the fundamental of this stock and prepared to hold a long time frame, you will know the value of this stock is way above the current level. Also you have seen how this stock can move 30% in 1 day.

stonest

11 posts

Posted by stonest > 2021-10-28 09:11 | Report Abuse

It's just nature of the market, up and down. Buying opportunity now as it may potentially rally closer to the upcoming full year result!

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:11 | Report Abuse

Enjoy the ride!

mnc73

5 posts

Posted by mnc73 > 2021-10-28 09:13 |

Post removed.Why?

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:28 | Report Abuse

I hope this is more than just short seller driven.

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:29 | Report Abuse

Given the strong cash flow with potential EBITDA of US$500m, with forward PE of 2-3x, it is no brainer for a takeover. Probably the cheapest target on the market now

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:30 | Report Abuse

Also the most valuable thing for OMH is the 20-year Low cost power contract from renewable energy!

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:31 | Report Abuse

I hope this can happen just like what happened in 2008 when it was almost being driven up to A$5 (before split) when an hostile party starts to bid up the price for OMH to try to gain control

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:32 | Report Abuse

Founding shareholder only controls less than 20%, there is a good chance many shareholders will sell out at a good price

DarenWai

351 posts

Posted by DarenWai > 2021-10-28 09:34 | Report Abuse

Damien88. I have heard this reasong from glove investors since last year. Cash flow strong, can take over tech company. Hold on to the ship when short seller attack. After more than one year, all bankrupt because short seller has better analytics. They just hold the price until asp normalize. Is this happening all over again since even if it takes 2years for asp to normalize. Short sellers still able to short for long term.

value88

707 posts

Posted by value88 > 2021-10-28 09:36 |

Post removed.Why?

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:39 | Report Abuse

Look back on fundamentals if in doubt. A stock cannot be too undervalued for too long. A takeover will surface if the deal is too good to be missed.

Targeted

2,604 posts

Posted by Targeted > 2021-10-28 09:42 | Report Abuse

Trend reversal.....

DarenWai

351 posts

Posted by DarenWai > 2021-10-28 09:47 | Report Abuse

If you look at glove. Short seller start to short one year before asp normalize. How long can the asp sustain?

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:49 | Report Abuse

You can join the short to bring the price lower and buy back. If you can’t beat them, join them

Posted by nagasaran93 > 2021-10-28 09:49 | Report Abuse

@DarenWei, the glove is another different story. Somehow the glove and Karim-related stocks, oredi rocket for a year in 2020.

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:50 | Report Abuse

But I do believe they are in buying back mode now. They have shorted since RM 4

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:51 | Report Abuse

You need to “shock” therapy to bring out the weak hand. Today is very obvious

Damien88

225 posts

Posted by Damien88 > 2021-10-28 09:59 | Report Abuse

OMH profit for 2021 and 2022 will close up the gap with PMetal or might even exceed PMetal. Yet the market cap for PMetal is 18x bigger than OMH. This is insane

Damien88

225 posts

Posted by Damien88 > 2021-10-28 10:02 | Report Abuse

OMH produces Ferrosilion which feeds into magnesium production and in turn goes into aluminium smelting operations. It makes sense for Pmetal to seriously look into OMH.

Posted by nagasaran93 > 2021-10-28 10:05 | Report Abuse

Thx Damien88, may I know where you get this from? So, PMetal is looking omh as a joint venture?

Damien88

225 posts

Posted by Damien88 > 2021-10-28 10:14 | Report Abuse

What I am saying is OMH is a good fit into PMetal business esp when PMetal is also looking into silicon metals which is what OMH is producing

Damien88

225 posts

Posted by Damien88 > 2021-10-28 10:15 | Report Abuse

And OMH is seriously cheap as a target. And Pmetal can well afford to buy when OMH is only 5% of PMetal market cap

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