Respect your depth of practical knowledge on OMH, but I have a different view on “business doesn’t need great managers. It runs quite easily on its own’
Great managers are great not only because they solve problems, but because they avoid them in the first instance. Recent history and long term history suggest OMH do not have great managers. Indeed, I will go so far to say that management hasn’t in the past managed for shareholders but for select family interests. I hope this has changed with Adrian, but he does have a long road to travel to convince the professional money men.
Right now OMH have abundant opportunities with their low cost energy, lesser worldwide ‘furnace competition’ caused by higher energy costs worldwide (particularly Europe) and the impacts of the Ukraine/Russian crisis. Sure, global demand is softer, but so also is the supply side.Great management would have 16 furnaces blasting productively away right now.
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