Agreed, OMH share in Tshipi is worth around $165 million when compared to JMS valuation of its Tshipi share. Therefore the market is valuing OM Sarawak the largest alloy smelter in SE Asia ( outside China) at $230 million.
Its about time investors start realising the value of this smelter which thats currently operating all 16 furnaces at a rate of about 125,000 tonnes/qtr or 500,000 tonnes on an annual rate.
Ann: FY2023 Net Profit After Tax US$18.2 Million & App 4E, page-101
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Mkt cap ! $337.1M | |||
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