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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: $0.86 | Change: +$0.01 | %Change: +1.18%
Volume: 4,400 | Day High/Low: 0.86/0.86 | 52 Week High/Low: 0.95/0.69
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0 stars

RE:RE:RE:Selling Pattern Mystery

Another puzzling feature is that it doesn't affect the bid size. It must be taking place on an alternative market. Today there were three sales, 11:43:34, 11:44:24 and 11:45:26. All for 300 more
0 stars

RE:RE:Selling Pattern Mystery

What puzzled me was that those sellings were set at prices below their earlier bought deals?!!!  I have a gut feeling that someone is trying hard to keep a lid on the SP without disguising it. JMHO.  rate and reply
0 stars

RE:Selling Pattern Mystery

You are correct, it's been going on since the beginning of September, although they've missed a day or so. It seems that it's in the middle of the day, earliest was today @ 10:36. There's a delay more
0 stars

RE:RE:Debt free, good sales, bright future, what's not to like?

Agree, the balance sheet is great but growth is stagnant. That's why we've been waiting for the military sales to kick in, they would provide substantial increase in revenue with higher margins. more
0 stars

Selling Pattern Mystery

Any one noticed the strange selling pattern of Scotia in recent weeks (300 shares with a follow up of another 300 shares immediately?)  rate and reply
0 stars

RE:Debt free, good sales, bright future, what's not to like?

There is one thing. Just look at the qtly rev numbers...not indicative of a fast growing company. every time I think they might have a chance of going well beyond critical mass they have to buy a more
0 stars

Debt free, good sales, bright future, what's not to like?

I challenge anyone to find anything wrong with this company.  rate and reply
0 stars

RE:Good support

Q3 is shaping up to be a good one for sales, based on the company's revenue disclosure. July14'14 NR $1,561,879 US Aug20'14 NR $ 786,318 US Sep11'14 NR $ 461,790 US Total is $2,809,987. If 70% of more
0 stars

Good support

This stock hasn't been affected so far by the market selloff. I think I know why: it's been already priced for Armagedon. This is a profitable company with a strong balance sheet trading at less more
5 stars

RE:the 02 September 2014 earnings release looks excellent

Hard to muster much interest in OML, as they have promised too much and under-delivered for so long. I agree the Q2 numbers show significant improvement. The issue for OML is that they more
0 stars

the 02 September 2014 earnings release looks excellent

Anyone still interested in Omni-Lite? I see > 17,000 shares traded on 02 September. I would not be surprised to find that some of the purchases were made under the Normal Course Issuer Bid, i.e. more
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, more
0 stars

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
0 stars

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 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 more
0 stars

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
0 stars

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 more
0 stars


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 more
0 stars

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 more
0 stars

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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