OMH 5.00% 42.0¢ om holdings limited

I think someone needs to clarify with omh.because there was a...

  1. 1,106 Posts.
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    I think someone needs to clarify with omh.

    because there was a 50mil usd write down of inventories in 1st half 2022. They made 60mil usd in profit. If the write down was reflected, that would mean first half 2022 made a profit of 110mil usd. <- not accounting for the taxes.

    that seems too high.

    prices in 1st half 2023 are lower than 1st half 2022, but it cant be by that much.

    i dont know about the hedging activities and what not.


    my working capital figures r off, just looked at the balance sheet. Trade and payables r much higher than what the other poster said.
    Last edited by King87: 04/12/23
 
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