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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: $0.99 | Change: $-0.15 | %Change: -13.16%
Volume: 5,615 | Day High/Low: 1.14/0.99 | 52 Week High/Low: 1.20/0.69
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RE:RE:RE:More share buyback

It looks like selling pressure has subsided indeed and we have good support at $1. Now it's a matter of getting the story out and making the investing community aware of the value of this stock. This...read more
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RE:RE:More share buyback

I've also noticed that the bulk of the selling in the last couple of days has been done by TD (7). It looks like someone who owns lots of shares has decided to cash out for whatever reason and has...read more
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RE:More share buyback

Cormark (or 73) is the buyer. You can see the company buying live. I wouldn't be surprised to see them stepping in again today. Very shareholder friendly...and smart.  rate and reply
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More share buyback

The company has bought back another 14,800 shares yesterday at $1. Check it out at www.canadianinsider.com.  rate and reply
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RE:RE:RE:2.4 times annualized EBITDA

People MIGHT think there is no prospect of future good news. I've been a shareholder of OML for many years, and have been reading all their public filings. I can say with a good level of confidence...read more
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RE:RE:2.4 times annualized EBITDA

The motivation for sellers is that there is no prospect of good news in the future. It's already been published. We know the future is bright. People are feeling that if THAT isn't enough to push the...read more
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RE:2.4 times annualized EBITDA

I wonder what motivates sellers at this point. We have a profitable quarter, and earnings are set to increase dramatically next year. This is not speculation, it's hard facts, the 2.2M contract is on...read more
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RE:2.4 times annualized EBITDA

I wonder what motivates sellers at this point. We have a profitable quarter, and earnings are set to increase dramatically next year. This is not speculation, it's hard facts, the 2.2M contract is on...read more
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2.4 times annualized EBITDA

And growing rapidly.  rate and reply
5 stars

RE:RE:RE:RE:I'm not surprised

You don't have to go all the way back to 2006. Just remember Feb 2011, when they did a PP with Raymond James at $2.15, and Raymond James had a price target of $3.00. I think that we are in a better...read more
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RE:RE:RE:I'm not surprised

Agreed with the "two bagger". We're essentially back where we were in 2006/2007 when the price was over $2.00, except arguably we're in a better position now. Sadly, it often takes time for the SP to...read more
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RE:RE:I'm not surprised

This is one of the easiest two-baggers. We've pretty much got full¬†earnings' visibility for 2015...  rate and reply
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RE:I'm not surprised

This will positively impact eps, revenue, margins, and ebitda. The share value should rise significantly over the next 4 quarters.  rate and reply
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RE:RE:I'm not surprised

Based on the info on the tsx site, it's about 11.7 Million shares. http://web.tmxmoney.com/quote.php?qm_symbol=OML:TSV Also note the Price to Book ratio of only 0.6, even with yesterday's gain in...read more
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RE:RE:I'm not surprised

They've got 11.8 million shares outstanding. That's a good chunk bought back.  rate and reply
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RE:I'm not surprised

Anyone knows how many shares they have since bought back?  rate and reply
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I'm not surprised

They have been mentioning military programs in every news release. This is why I've been referring to it in my previous posts. The question for me was not if but when. What I am surprise at is the...read more
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RE:RE:RE:HALT today, pending news

Thanks for the analysis. Very good news.  rate and reply
5 stars

RE:RE:RE:RE:HALT today, pending news

Great News! Congratulations to the OML team. They invested a ton of time and money in the green round program and it is nice to see that they worked their challenges on the program to the good. May...read more
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RE:RE:RE:HALT today, pending news

This is the kind of good news I was hoping for. The 'bad' kind of good news would have been a buyout or takeover at some pathetic 20% premium or something.  rate and reply