Contrary to what downrampers say, OMH is now a BUY.
"While commodity prices are out of OMH’s control, we continue to believe that the low cost nature of its operations globally provide a moat for periods of weakness such as these, allowing it to remain profitable throughout the cycle. Annualised Ops CF of $100m after such a meaningful commodity price drop is evidence of this;
We have lowered our price forecast for FeSi alloy to US$1,200/t in the short term (vs $1,350/t prev.) and have adjusted product mix to align with updated guidance. The result is a slight decrease in Valuation to $1.60/sh (vs $1.72/sh prev.);
We maintain the Buy recommendation on OMH. "
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Last
43.5¢ |
Change
0.005(1.16%) |
Mkt cap ! $333.3M |
Open | High | Low | Value | Volume |
43.0¢ | 43.5¢ | 43.0¢ | $16.97K | 39.40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.5¢ | 16459 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.430 |
2 | 36000 | 0.425 |
1 | 85313 | 0.420 |
3 | 29235 | 0.410 |
2 | 60700 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.435 | 16459 | 3 |
0.445 | 1000 | 1 |
0.450 | 22500 | 2 |
0.460 | 10000 | 1 |
0.465 | 6000 | 1 |
Last trade - 15.42pm 28/03/2024 (20 minute delay) ? |
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