its a family business, surely they don't like people poke around.
the OMH advantage will be challenge in near future. china is expanding on their renewal energy generation capacity aggressively, trying to move away from low tier manufacturing sector.
i dont remember any capex allocation for the future Mn alloy furnace (before this, they put a date 2024, now they only put in future).
what next would be get all furnace up and running, make money. pay off the debt (ratio 0.63)? become net cash? or return big dividend to shareholder (they themself are the biggest shareholder)?
so far, there are no black swan for 2H 2023.
hope yellen visit bring good news to both US and China
OMH Price at posting:
53.0¢ Sentiment: Hold Disclosure: Held
