Close

Welcome back to Stockhouse
Member Sign In

Email or Username:
Password:
Close

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
×

Get our best content in your email.

You are already a member! Please enter your password to sign in.
Quote  |  Bullboard  |  News  |  Opinion  |  Level II  |  Charts  |  Profile  |  Financials  |  Options  |  Price History  |  Analysts  |  Earnings  |  Insiders

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: $1.44 | Change: $0.00 | %Change: 0.00%
Volume: 17,200 | Day High/Low: 1.45/1.40 | 52 Week High/Low: 1.72/0.72
View modes: 
0 stars

RE:NCIB: Normal Course Issuer Bid

The volume (and float) on the stock is already too low. A lot of investors understand the shares are undervalued, but the low liquity is an investment impediment. If the stock actually traded I would...read more
0 stars

RE:NCIB: Normal Course Issuer Bid

Welcome to the board Kulewater! Yes, this is a very underrated stock with great upside potential. If it were to trade only on a par with its book value, then we would be in the neighbourhood of $2...read more
0 stars

NCIB: Normal Course Issuer Bid

Looks like the company bought back 7500 shares today.. not too shabby. With this kind of float any number of shares bought back will really help to boost the stock price. Volume is a bit thin.. so...read more
0 stars

Lowest Float I have Seen Yet

This has to be one of the lowest floats I have seen in a long time. It can be an issue for liquidity but based on the trajectory of the business I believe it will be an advantage to current...read more
0 stars

OML enters 20 year Auto Deal

Omni-Lite enters product development deal with customer 2015-05-26 08:34 ET - News Release   Mr. Allen Maxin reports OMNI-LITE SIGNS LONG-TERM LETTER OF AGREEMENT WITH CURRENT AUTOMOTIVE...read more
0 stars

This is a $ 5.00 stock.

But it is taking 15 years to get their. Well run, expanding market share, high margins, but the shareholder has been forgotten. I have been in this since February 1998. Grant has looked after the...read more
0 stars

RE:RE:RE:RE:I am bullish

I certainly agree that a dividend would help, and it is probably on management's agenda, the question is about timing. The company has been buying back shares, they are also buying new equipment, and...read more
0 stars

Insider buys

http://www.tmxmoney.com/TMX/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en Top 10 Stocks By Net Buys Value Symbol Company Name Insider Buys Value $ ...read more
0 stars

RE:RE:RE:I am bullish

Omni-lite is too small and therefore un-investable for many, especially those who look a decent amount of liquidity. Growth although more promising this time, has been sporadic in the last couple of...read more
0 stars

RE:RE:I am bullish

Hi Apainter, Insider activity is sometimes tricky to interpret, but my assessment here wouldn't be quite the same as yours. David Grant didn't sell shares in the market, he transferred shares...read more
0 stars

RE:I am bullish

Hi Rawoat, I agree with your analysis but I am wondering about the executives faith in their own company. I may be wrong but are you not concerned that the insiders especially the executives do not...read more
0 stars

RE:RE:I have held since 1998

I figured today was as good a day as I might get so I doubled my position today. It would be nice to see it head in the other direction. I agree on the sound financials, and the price / book clearly...read more
0 stars

RE:I have held since 1998

I wouldn't lose patience just yet, as frustrating as the current sp might be. I am still a believer in management's long term growth plan. They should, however, take some initiative to promote the...read more
0 stars

I have held since 1998

Their are many shareholders that have stock at $ 2.10+ and have held for 17 years, that is bloody ridiculous I have held this undervalued stock for that long. Don't know what the future will bring but...read more
0 stars

RE:RE:Big Volume and Big Drop.....

I would suggest calling the company and suggesting a dividend initiation (especially if you are a large shareholder). No reason for this company to have so much cash+no debt+ownership of real estate -...read more
0 stars

RE:Big Volume and Big Drop.....

I don't think there is anything going on. The problem with OML is the lack of investor interest. In the absence of any short term excitement, a few sellers push the price down and there aren't enough...read more
0 stars

Big Volume and Big Drop.....

Is this some stop losses being triggered, or is there something else going on? Anyone got any ideas?  rate and reply
0 stars

RE:RE:RE:RE:Aquisition Target?

I don't think Omni-Lite is an acquisition candidate, at least not yet. The company reported solid Q1 earnings. With improving results throughout the year (especially in second half), an active share...read more
0 stars

RE:RE:RE:Aquisition Target?

You're right, M&A is a complex thing and it takes a specialist to assess fair value. The share price is currently so low that $2.50 would already mean an 80% appreciation. But if you go by the book, a...read more
0 stars

RE:RE:Aquisition Target?

Very interesting indeed.. There is a mathematical formula for determining a companies value when dealing with these sorts of things. Not that I would know what this formula is, but my point is I would...read more