Posted by moremoneyy > 2021-10-04 13:15 | Report Abuse

U are right Damien, likely would have another reaction after market reopens after lunch

Posted by teareader818 > 2021-10-04 14:39 | Report Abuse

Wow! Assurances from the management really clear our doubts.

Posted by worktoinvest > 2021-10-04 15:05 | Report Abuse

This counter is looking good. Very very good.. buy to keep

Posted by Damien88 > 2021-10-04 15:51 | Report Abuse

Now up 12%, on good news about FeSi prices hitting US$4,125/ton, OMH cost only US$1000/ton
GPM 300%, unheard of!!!

Posted by Damien88 > 2021-10-04 16:06 | Report Abuse

Buying coming in…
Now up 15%….

Posted by NatsukoMishima > 2021-10-04 17:05 | Report Abuse

Glove maniac 2.0 !

Posted by oasischeah > 2021-10-04 20:53 | Report Abuse

Can up very fast and can down very fast also.

Posted by nagasaran93 > 2021-10-05 08:21 | Report Abuse

Ferroglobe (GSM)
OPEN 9.46, new HIGH 9.94.
Almost break 10.

Posted by JConnor > 2021-10-05 08:23 | Report Abuse

Damien88 sifu. Just wondering if you know how is the other subsidiaries of OMH doing? Is their plant in China affected by the shutdown there....? A bit confusing since this OMH group is quite diversified.

Posted by investor2021trading > 2021-10-05 09:07 | Report Abuse

ferrosilicon - silicon manganese alloy

Posted by Damien88 > 2021-10-05 09:09 | Report Abuse

Commodities Indexhitsrrcord as world rebound meets shortages - Bloomberg

Posted by Damien88 > 2021-10-05 09:13 | Report Abuse

A gauge of commodities soared to an all time high as a resurgence in demand for raw materials collided with supply constraints

Posted by Damien88 > 2021-10-05 09:15 | Report Abuse

OMH up 4% on good volume. Yest up 15%
Price surge supported by sky rocketing alloy prices, hitting all time high of US$4,125/ton. Up 300% from Low of US$1,000 during COVID.
OMH cost is only US$1,000/ton. Huge huge margin!!!

Posted by JConnor > 2021-10-05 09:47 | Report Abuse

Based on USD200 million profit, EPS is around 108 cents? If based on PE10, price should be around RM10.80!!!

Usually manufacturers use around PE30.

Damien88 With the current ferroalloy prices at all time high, and continue to move higher ie up another 40% MnSi (manganese silicon) and 80% FeSi (Ferrosilicon) in 1 month from Sep 2021, we can expect profit for OMH to surge to record high US$200-300m based on current spot price.
OMH forward PE is now record Low 2-3x based on RM3!!!

Posted by sims > 2021-10-05 09:47 | Report Abuse

year 2018 was a good year for OMH, and that time OMH not even expand yet and price of commodities was lower than today.

if you purely looking at share price at that time, its easily at average Aus 1.5 for about a year.

today, with all the advantage on hydropower, china policy, expansion done (left 4 furnace to commission), commodities price shoot up.

what share price do you think, OMH will hit,
left alone the business going to be prosper....and you are part of this business

Posted by Damien88 > 2021-10-05 09:49 | Report Abuse

Up 7% now

Posted by sims > 2021-10-05 09:50 | Report Abuse

congrat all.
this is not even Qr result out.

if you sell for small profits. you are actually putting yourself on risky position, why not just sit back and enjoy the ride to big dividend, and possible bonus issue or split.

big money are made in waiting and holding, the momentum is ongoing.

i think, i will need to get back to work, to make sure i had more bonus to invest,
oil price increase...more work.... >.<......time to delete trade app ( no need to trade anymore this year) and just hold and wait to reap the fruit

incase any limit up, i come bck and cheer with all

Posted by Damien88 > 2021-10-05 10:22 | Report Abuse

PMetal PE is 74x. OMH forward PE is only 3x!!! Based on current spot ferroalloy price, OMH price would be US$200-300m
Imagine OMH PE of 20x only, this stock would be RM 20. Now it’s still only RM3.7. It can be 5-7 bagger

Posted by Damien88 > 2021-10-05 10:23 | Report Abuse

OMH profit would be US$200-300m

Posted by DarenWai > 2021-10-05 11:04 | Report Abuse

pang72. You bought how many counter. Saw you everywhere Opcom, pmbtech, etc.

Posted by teareader818 > 2021-10-05 11:24 | Report Abuse

pang72 sudden appearance is a good sign?

Posted by wkc5657 > 2021-10-05 11:26 | Report Abuse

pang72 kaki trading....anything with good breakout, he/she will be there....

Posted by Targeted > 2021-10-05 11:40 | Report Abuse

CMSB coming next....

Posted by Thelastone > 2021-10-05 11:44 | Report Abuse

https://www.news.com.au/finance/economy/australian-economy/how-china-evergrande-collapse-could-hurt-the-aussie-economy/news-story/f30708265612a622e077c7336d5ecc8d

Posted by Thelastone > 2021-10-05 11:45 | Report Abuse

China Evergrande in financial trouble may hit Australia iron ore market and price!

Posted by Damien88 > 2021-10-05 14:44 | Report Abuse

Up another 10%, buying is back

Posted by Damien88 > 2021-10-05 17:28 | Report Abuse

Another good day! Up 11.5%
Let’s see how the market go tomorrow
Commodities prices continued to power up

Posted by clouud1234 > 2021-10-05 17:46 | Report Abuse

Hit iron ore only.Not ferrosilicon.IRON ORE ONLY!!!!

Posted by clouud1234 > 2021-10-06 02:27 | Report Abuse

Hahaha

Posted by ipohwhitecoffee > 2021-10-06 07:10 | Report Abuse

2.50 to 3.50 time no buy,
wanna wait 5.00 only buy? hmmm.....

Posted by BanyakZhun > 2021-10-06 07:58 | Report Abuse

Look at Sam n Genetech… maybe another one???
Keep going up⬆️⬆️⬆️⬆️

Posted by Powerplay666 > 2021-10-06 08:28 | Report Abuse

Not possible to replicate Sam and Genetec because the nosh is 700 million plus. But based on the forward financials, can easily hit 6 or 7.

Posted by JConnor > 2021-10-06 09:11 | Report Abuse

Hopefully got some good dividend along the way.

Posted by Dkk08 > 2021-10-06 12:01 | Report Abuse

Cmsb controlled 25% in OMH Sarawak plant that processed ferrosilicon..with OMH share price moving up due to theferrosilicon price,Cmsb should also benefit from this commodity price increased

Posted by DarenWai > 2021-10-06 12:03 | Report Abuse

today limit down already...LOL

Posted by sims > 2021-10-06 12:33 | Report Abuse

probably profit taking in KLSE and shorting in ASX.
if cant hold, how to get multi bagger

Posted by DarenWai > 2021-10-06 12:46 | Report Abuse

lucky jump to bslcorp today. Will jump back to this counter at today closing.

Posted by gemfinder > 2021-10-06 14:35 | Report Abuse

powerplay, u enter tis omh?

Posted by Powerplay666 > 2021-10-06 16:12 | Report Abuse

Gemfinder.. Late into the game at 3.64 but yes I'm in. Same theme as pmbtech. Prices sky-high and power shortage.. Perfect storm.

Posted by gemfinder > 2021-10-06 17:11 | Report Abuse

u in 3.64? I follow u!!!!!

Posted by Damien88 > 2021-10-07 09:35 | Report Abuse

Nice run up

Posted by Damien88 > 2021-10-07 09:40 | Report Abuse

At FeSi price of US$4,125/ton, GPM is US$3,000/ton, OMH current production (75%) is 118k ton pa. Total annual FeSi GPM would be US$350m at 75% production capacity. At 100% capacity (ie 160k ton pa), GPM would be US$480m

Posted by Damien88 > 2021-10-07 09:45 | Report Abuse

At current MnSi price of US$2,500/ton, GPM for MnSi is US$1,500/ton, OMH current production (75%) of MnSi is 250k ton pa. Total GPM for MnSi would be US$375m at 75% capacity.
At 100% capacity (ie 330k ton pa), GPM would be US$500m

Posted by Damien88 > 2021-10-07 09:46 | Report Abuse

Total combined gross profit would be US$725m - US$1 billion. At current alloy prices.

Posted by Damien88 > 2021-10-07 09:47 | Report Abuse

This is insane profit!!!!unheard of

Posted by oasischeah > 2021-10-07 10:08 | Report Abuse

Today - Aus.OMH up 3.5 cent - Msia 10 sen

Posted by Jokers2020 > 2021-10-07 10:21 | Report Abuse

omh should spike up soon..follow asx up

Posted by Jokers2020 > 2021-10-07 15:21 | Report Abuse

alright omh go go go

Posted by sims > 2021-10-07 15:34 | Report Abuse

UOBKH REGIONAL MORNING NOTES
Tuesday , 28 September 2021

For OMH, if FeSi price
remains at its current high of about US$3,000/mt in 2022, this could result in 32% upside to
our target price of RM4.01 to RM5.30.

almost hit TP1 4.01 from UOBKH
may be before Qr out, should be able to hit/ exceed

TP2 5.30...should depend on Qr result/ dividend news/bonus issue/ result of Bryah drilling

do note the ATH OMH from current direct conversion is ~ MYR 8.00 (Aus 2.64) in june 2008

Posted by DarenWai > 2021-10-07 15:41 | Report Abuse

Sims: Why talk about june 2008 (Aus 2.64). Current is AUS1.64 right?