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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: $1.75 | Change: +$0.05 | %Change: +2.94%
Volume: 10,500 | Day High/Low: 1.75/1.70 | 52 Week High/Low: 2.13/0.95
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0 stars

Insider Buying

  rate and reply
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RE:RE:RE:RE:Share price manipulation?

I don't think the strategic review will take many more months. Given the rate at which they are buying back, they would soon exhaust the NCIB which is 5% of the 11M float. I would tend to more
0 stars

RE:RE:RE:Share price manipulation?

Accelerated share buybacks the past few days should be viewed as a positive even with the recent decline in pps. overall volume has been on the rise as well . fwiw.   rate and reply
0 stars

RE:RE:Share price manipulation?

The strategic review started on Sept.3 and will certainly take several months. Outcome of course is uncertain and maybe nothing substantial will happen. In case of a takeover - lets say 30 to more
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RE:Share price manipulation?

Its been an interesting few weeks watching the daily charts and different lots go through. Its defnitely not normal market dynamics. Who would benefit from putting downward pressure more
0 stars

Share price manipulation?

Have you noticed a pattern? Late in the afternoon a large ask appears to put a ceiling on the share price. Then the ask moves gradually lower, and then in the last minute of trading someone sells more
0 stars

Annual and Special Meeting

Interesting, on Sedar it shows Annual and Special Meeting already on January 15,2016 in Calgary. How about Audited Financial Statements, they are normally available in the spring. Might have to more
0 stars

RE:RE:150,340 shares traded today.

I think we have been spoiled a bit here with the rampant rise in PPS while the backdrop of the broader TSX/TSX.V have been less rosy. Anytime there is close to a 100% appreciation we should more
4 stars

RE:150,340 shares traded today.

Well said Misterlaser, I am holding on too. I am not quite sure what is behind this pullback, this is more than consolidation or normal profit taking. But I am confident it is temporary, there more
0 stars

150,340 shares traded today.

There are only 11.6m shares issued, and 150k traded today; that's about 1.3% of the company. There was a big bid of 100k+ that seemed like it was acting as a back stop - it was taken out, more
0 stars

Taking a breather - but more share cancellations

The stock does not go up every day, some slight recovery from the low. Nice to see more share cancellations from OML. Still think we might see a new high in November.  rate and reply
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RE:RE:RE:RE:RE:RE:A Takeout Candidate

The company has talked about its facility having the capacity to take on $25 million in revenues. Despite the fact that the company is running at $8 million (for 2015), it has mentioned more
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RE:RE:RE:RE:RE:A Takeout Candidate

In fact, we did evoke on this board the possibility of an acquisition, read some of the Sept 3 posts. The short term impact on the share price might not be that good in case of an acquisition, as more
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RE:RE:RE:RE:A Takeout Candidate

Interesting comments on a takeover. I am leaning in a different direction; I think OML will be an acquirer. Expand their product offerings, add value through engineering expertise, and optimize more
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RE:RE:RE:A Takeout Candidate

that works for me as well . However given todays price , and considering buyouts usually come with a 30-40% price premium you may be a bit optimistic . More likely closer to $3-$3.50 . I am more
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RE:RE:A Takeout Candidate

Agree, and given the current exchange rate, $5 would translate into something like 45M USD of a market cap only...  rate and reply
4.5 stars

RE:A Takeout Candidate

Minimum $3. If the suitors want to get into a bidding war this could go north of $5. That would still put the market cap at around $50-55M.. peanuts really. Should get fun here pretty quick. more
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RE:A Takeout Candidate

The suggested take out price - that would be wonderful. In respect to recent Insider Selling who is Mary Quah?  rate and reply
4 stars

A Takeout Candidate

The company has been undervalued for years. It has a book value in excess of >$2.00 per share and should generate EPS above $0.20 this year. I expect revenues to continue to grow in 2016. more
0 stars

RE:RE:RE:RE:strong and daily

Its all good. Consolidation is great for support and those who look at charts/technicals. I expect to fully resume an upward trajectory in November. The float is too small and there are a great more

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