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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: $0.89 | Change: +$0.03 | %Change: +3.49%
Volume: 17,600 | Day High/Low: 0.90/0.89 | 52 Week High/Low: 0.92/0.58

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0 stars

RE:RE:RE:RE:RE:Yet another great quarter

Just a tiny profit indeed, nothing to get excited about. Having said that, I do see a few positives. Long term debt has been reduced to 200k and will be completely paid by July. Cash position is good,...read more
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RE:RE:RE:RE:Yet another great quarter

Essentially a break-even quarter (excluding one time gains). Solidly mediocre! Surprised there is not a greater sense of urgency among management and institutional investors to turn this around.  rate and reply
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RE:RE:RE:Yet another great quarter

You are correct about the financials. Appreciate your comments; have followed OML a long time and do not put much stock in their optimistic NR comments (or Vision 201x plans). We will see if the walk...read more
5 stars

RE:RE:Yet another great quarter

Correct me if I am wrong, but Q1'14 complete results are not out yet, they will be by the end of May. All we know is a 29% increase in revenue compared to the corresponding quarter last year, and that...read more
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RE:Yet another great quarter

Read the 2013 year end financials and they were not great. Tell me, what was so great about Q1'14 and what are the catalysts you see in the future that make OML a good investment?  rate and reply
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Yet another great quarter

In some ways, it's frustrating that this stock hasn't been 'noticed' in terms of pushing the share price up, but quite honestly, I'm hoping that the company simply grows and when it matures, pays out...read more
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The way the stock has been trading as of late is quite encouraging, and so is the chart. In fact, the latest NR was very positive. As the military contracts kick in, revenue & earnings will grow...read more
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RE:Military orders

I agree. We have been waiting for these military contracts and they finally seem to materialize. There is another fact that people don't seem to realise yet. OML owns about 20% of the shares of...read more
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Military orders

I don't think people yet realise how positive the news is about military orders. Military products carry a higher margin.  rate and reply
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RE:RE:Someone sold 11,000

You're right, and apparently someone else had a need "to get it done" yesterday; I have to hand it to the company though, they keep their good news at the ready so that they can roll it out to support...read more
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RE:Someone sold 11,000

It is tax loss season. So, selling is not driven by vauation, just the need to get it done. Good buy.  rate and reply
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Someone sold 11,000

I'm already fully loaded with OML so I wasn't really motivated to buy more, but I had a bid in at 78 partly to show support for the SP as a whole. Someone sold 11,000 this morning just after the open,...read more
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3cts EPS in just 1 quarter, sales are UP and margins are UP!

very interesting the MD&A also outlines their "Vision 2015 Plan" given the current valution & the lack of interest around the stock I wouldn't be surprised this is a potential multi-bagger time...read more
5 stars

Solid Q3 Results

OML announced solid Q3 results (solid gross margins). The company is in the process of shifting its business away from military to automotive and aerospace -- and it's paying off HUGE. The shares are...read more
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Get 'em while they're hot

It's hard not to sound like a pumper here, but seriously, check out the book. It would be normal for a few asks to 'come out of the woodwork' when shareholders realise that the price is rising, but at...read more
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RE:RE:News - New 800K Order

They are working flat out to make product that they're selling with a good to great margin; it's hard to see how this could fail. The asks nearly dried up yesterday, there's a little more come out of...read more
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RE:News - New 800K Order

Very good sign. having to ramp up production. Mgn improvement good as well.  rate and reply
5 stars

News - New 800K Order

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aOML-2121522&symbol=OML®ion=C  rate and reply
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RE:RE:RE:RE:RE:RE:Turning point today

I understand the original bought their own equipment. It is great that they are working the other contractors. Just not sure how certain they will turn out.  rate and reply
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RE:RE:RE:RE:RE:Turning point today

What should I make of this paragraph in todays release? Of particular significance, the Company has delivered one of the U.S. military green rounds that have been under development for several years,...read more