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Omni-Lite Industries Canada Inc V.OML

Sector: Industrials | Sub-Sector: Metal Fabrication

Omni-Lite Industries Canada Inc. is engaged in developing, producing and marketing specialized metal matrix composite, aluminum, carbon and stainless steel alloy products.
Price: $1.63 | Change: +$0.04 | %Change: +2.52%
Volume: 3,460 | Day High/Low: 1.63/1.58 | 52 Week High/Low: 1.72/0.69
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0 stars

RE:Consolidation

I was impressed that someone at RBC bought 4,000 and swept up the asks at $1.60 and $1.62 taking it to $1.66. My initial thought was that the buyer simply wanted the price to look higher, either for...read more
5 stars

Consolidation

Selling at this stage is thin and will eventually subside. If you haven't bought yet or would like to add to your position, my suggestion would be to do it sooner rather than later. I don't think we...read more
0 stars

RE:A near-term target of $2/share makes sense

Yes, I've previously estimated the book value around C$1.80, so we're close. Despite the recent breathtaking run of the share price we haven't even reached book value yet while the company is growing...read more
0 stars

A near-term target of $2/share makes sense

We're are finally seeing volume as some long-time existing shareholders are taking profits and newer shareholders see upside. I would advise against take too much profit (some is always good) for...read more
0 stars

RE:RE:Interpreting the last press release...

In Knicksman's analysis, the expected revenue for this year is 9.8M. Read the companie's latest MD&A on sedar (Nov 2014), they forecast 20 to 25% sales growth per year, which would translate to 15M in...read more
0 stars

RE:Interpreting the last press release...

Where did you get the target revenue of 15million from?  rate and reply
0 stars

RE:Interpreting the last press release...

Thanks for the analysis Knicksman! Didn't I say a few weeks ago that a $2 target was way too conservative? $4 sounds indeed more reasonable to me. And this is assuming, as you say, no additional...read more
5 stars

Interpreting the last press release...

It didn't take some long to fully appreciate last week's press release. It also didn't suprise me to see the stock move up so violently. And if you haven't bought it -- there's still lots of upside...read more
0 stars

RE:On the right track

I agree with you Rawoat - I'm in this for the long term and have a big holding (for me). I don't see why we shouldn't get back to the $2.00 range we were in before; these things always take longer...read more
5 stars

On the right track

We haven't even reached book value yet, but there is some progress here. Trading is still thin, we moved up 10% today on less than 25k shares. It will get more interesting when more investors...read more
0 stars

RE:$1.14 bid withdrawn?

I have always been curious about some of the transaction patterns of OML in the past months. I still can't figure out the the logic behind the bid/sell patterns of Scotia specially. Do they have a...read more
0 stars

$1.14 bid withdrawn?

I'm just curious: there was a bid for about 10k shares at $1.14 and it was withdrawn just prior to the news announcement of further orders; does that imply that the bid was a "normal course issuer bid...read more
5 stars

RE:RE:What's next?

Good close today. We're still very undervalued, but closing above the 1.20 resistance was an important step. Hope the SP doesn't look back and we keep going with positive momentum. Share buybacks have...read more
0 stars

Did someone make an error?

01/20/2015 1:46 PM EST E 1.18 74 0.07 TSXV 062 009 01/20/2015 1:46 PM EST   1.18 100 0.07 TSXV 085 009 01/20/2015 1:15 PM EST E 1.27 74 0.16 TSXV 009 062 01/20/2015 1:15...read more
0 stars

RE:RE:What's next?

thanks for the headsup here  knicksman , i'm in for an initial buy .  rate and reply
5 stars

RE:What's next?

I agree. Although the shares are trading up slowly, the lack of liquidity is keeping most shareholders on the sidelines. My view, is that if the shares traded up to the $1.50/share, we would see a...read more
0 stars

What's next?

We now have a huge disconnect between the reality of the company and the share price. Two big contracts in the last two months, that will add 558k & 314k US respectively to quarterly revenues, and the...read more
0 stars

Strange trading pattern by Scotia in the past weeks

Buy high ... Sell low ???  rate and reply
0 stars

We need a listing on an American exchange

What do you think folks? The firm operates in California and its business is mostly with American customers. Being listed only on the TSX Venture, the stock is not visible to American investors. And...read more
0 stars

RE:Quietly moving up

I couldn't agree with you more.  Book value +$1.50/share EPS estimate of $0.10/share in 2015 Sales growing +10% Earnings should grow at $0.05/share per year Potential dividend in a quarter or two I...read more