Wow BobbyMorane, your facts are identical - identical - to mine. Timing wise, value wise, aspirational wise. I agree, management don’t appear sharp and quite a few elementary errors have occurred. I don’t think Buffett would hang around in OMH, nor will I unless I see more positivity & proactivity in calendar 2024 & into the 1H of 2025. Of course I am understanding that they cannot swim against macro cycles & steel demand has been feeble. My heavier concern over yours is whether the Chinese mentality of ‘hold forever’ is at odds with our exit timelines.
OMH Price at posting:
44.5¢ Sentiment: None Disclosure: Held
