Board Change • Aug 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Abdul Bin Sheikh Mohamed was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Aug 04
OM Holdings Limited Changes Its Bermuda Registered Office Address OM Holdings Limited announced that the address of its Bermuda registered office and the Company’s principal share registry in Bermuda has been changed to 12 Par-la-Ville Road, Hamilton HM 08, Bermuda, effective from August 3, 2026. OM Holdings Limited stated that all other contact details of the Company (including its Branch Share Registries in Australia and Malaysia) remain unchanged. Recent Insider Transactions • Jul 09
Executive Chairman & CEO recently bought AU$71k worth of stock On the 3rd of July, Ngee Tong Low bought around 300k shares on-market at roughly AU$0.23 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ngee Tong has been a buyer over the last 12 months, purchasing a net total of AU$162k worth in shares. Recent Insider Transactions • Jun 19
Executive Chairman & CEO recently bought AU$33k worth of stock On the 12th of June, Ngee Tong Low bought around 100k shares on-market at roughly AU$0.33 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ngee Tong has been a buyer over the last 12 months, purchasing a net total of AU$69k worth in shares. Upcoming Dividend • Apr 30
Upcoming dividend of AU$0.01 per share Eligible shareholders must have bought the stock before 07 May 2026. Payment date: 29 May 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Australian dividend payers (6.6%). Lower than average of industry peers (3.3%). New Risk • Apr 18
New major risk - Revenue and earnings growth Earnings have declined by 30% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Earnings have declined by 30% per year over the past 5 years. Annonce • Apr 16
OM Holdings Limited, Annual General Meeting, May 14, 2026 OM Holdings Limited, Annual General Meeting, May 14, 2026, at 10:00 Singapore Standard Time. Location: hotel indigo singapore katong, 86 east coast road, katong square, joo chiat room, level 7, 428788, Singapore Declared Dividend • Mar 11
Dividend of AU$0.01 announced Shareholders will receive a dividend of AU$0.01. Ex-date: 7th May 2026 Payment date: 29th May 2026 Dividend yield will be 3.9%, which is lower than the industry average of 5.1%. Sustainability & Growth New Risk • Mar 02
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Feb 03
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 9.3% to AU$0.29. The fair value is estimated to be AU$0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 19% in a year. Earnings are forecast to grow by 38% in the next year. Buy Or Sell Opportunity • Jan 08
Now 34% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to AU$0.33. The fair value is estimated to be AU$0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 19% in a year. Earnings are forecast to grow by 38% in the next year. Reported Earnings • Aug 31
First half 2025 earnings released: US$0.013 loss per share (vs US$0.017 profit in 1H 2024) First half 2025 results: US$0.013 loss per share (down from US$0.017 profit in 1H 2024). Revenue: US$309.3m (flat on 1H 2024). Net loss: US$9.57m (down 175% from profit in 1H 2024). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Aug 20
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to AU$0.27. The fair value is estimated to be AU$0.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 67%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Buy Or Sell Opportunity • Aug 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to AU$0.30. The fair value is estimated to be AU$0.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 67%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Buy Or Sell Opportunity • Jun 30
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to AU$0.28. The fair value is estimated to be AU$0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 67%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Buy Or Sell Opportunity • Jun 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.3% to AU$0.29. The fair value is estimated to be AU$0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 67%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Buy Or Sell Opportunity • May 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to AU$0.30. The fair value is estimated to be AU$0.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 67%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Annonce • Apr 16
OM Holdings Limited, Annual General Meeting, May 15, 2025 OM Holdings Limited, Annual General Meeting, May 15, 2025, at 10:00 Singapore Standard Time. Location: le meridien (davidson room, level 6), 2 jalan stesen sentral, kuala lumpur sentral, 50470 kuala lumpur, Malaysia Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: US$0.012 (vs US$0.025 in FY 2023) Full year 2024 results: EPS: US$0.012 (down from US$0.025 in FY 2023). Revenue: US$654.3m (up 11% from FY 2023). Net income: US$9.30m (down 49% from FY 2023). Profit margin: 1.4% (down from 3.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Annonce • Mar 01
OM Holdings Limited announces Annual dividend, payable on May 23, 2025 OM Holdings Limited announced Annual dividend of AUD 0.0040 per share payable on May 23, 2025, ex-date on May 01, 2025 and record date on May 02, 2025. Annonce • Nov 21
Om Holdings Limited Maintains Production Guidance for the Financial Year 2024 OM Holdings Limited maintained production guidance for the financial year 2024. For the year, the company expects production guidance of 460,000 to 490,000 tonnes per annum. Reported Earnings • Aug 30
First half 2024 earnings released: EPS: US$0.017 (vs US$0.026 in 1H 2023) First half 2024 results: EPS: US$0.017 (down from US$0.026 in 1H 2023). Revenue: US$308.4m (down 3.5% from 1H 2023). Net income: US$12.7m (down 33% from 1H 2023). Profit margin: 4.1% (down from 6.0% in 1H 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Ming-Li Tan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 16
OM Holdings Limited, Annual General Meeting, May 16, 2024 OM Holdings Limited, Annual General Meeting, May 16, 2024, at 10:00 Singapore Standard Time. Location: Hotel Indigo Singapore Katong, 86 East Coast, Katong Square, Singapore Singapore Agenda: To consider approval of 2023 Financial Statements and Reports; to consider re-election of Ms Julie Anne Wolseley and Dato' Abdul Hamid Bin Sh Mohamed as Directors; to consider re-election of Ms Julie Anne Wolseley as a Director; to consider re-election of Dato' Abdul Hamid Bin Sh Mohamed as a Director; to consider approval of Re-appointment of Auditor; to consider ratification of Share placement to JFE Shoji Corporation; and to consider ratification of Share Placement to JFE Shoji Corporation. New Risk • Mar 19
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 155% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin). Shareholders have been diluted in the past year (3.8% increase in shares outstanding). New Risk • Mar 01
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.1% net profit margin). Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Annonce • Dec 05
OM Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 13.042995 million. OM Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 13.042995 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,633,464
Price\Range: AUD 0.472
Transaction Features: Subsequent Direct Listing New Risk • Dec 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (56% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.3% net profit margin). Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Annonce • Dec 02
OM Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 13.042995 million. OM Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 13.042995 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,633,464
Price\Range: AUD 0.472
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 30
First half 2023 earnings released: EPS: US$0.026 (vs US$0.067 in 1H 2022) First half 2023 results: EPS: US$0.026 (down from US$0.067 in 1H 2022). Revenue: US$319.7m (down 32% from 1H 2022). Net income: US$19.1m (down 61% from 1H 2022). Profit margin: 6.0% (down from 11% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. New Risk • Aug 29
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.3% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (56% net debt to equity). Profit margins are more than 30% lower than last year (5.3% net profit margin). New Risk • Jun 16
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Upcoming Dividend • Apr 27
Upcoming dividend of AU$0.015 per share at 2.2% yield Eligible shareholders must have bought the stock before 04 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Australian dividend payers (7.0%). Lower than average of industry peers (7.4%). Buying Opportunity • Apr 13
Now 22% undervalued Over the last 90 days, the stock is up 1.4%. The fair value is estimated to be AU$0.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 61%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Buying Opportunity • Mar 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.3%. The fair value is estimated to be AU$0.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 62%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: US$0.092 (vs US$0.081 in FY 2021) Full year 2022 results: EPS: US$0.092 (up from US$0.081 in FY 2021). Revenue: US$856.6m (up 13% from FY 2021). Net income: US$67.8m (up 14% from FY 2021). Profit margin: 7.9% (in line with FY 2021). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annonce • Sep 01
Om Holdings Limited Announces Manganese Drilling Results At Its 49% Owned Bryah Basin Manganese Project Bryah Resources Limited announced manganese drilling results at its 49% owned Bryah Basin manganese project. The drill results are part of the program drilled in March 2022. Bryah (49%) and OM (Manganese) Ltd. (OMM) (51%) have a Joint Venture (JV) to undertake exploration to test targets in the area, with a view to commencing manganese production. OMM is a wholly owned subsidiary of OM Holdings Limited, one of the suppliers of manganese ores. The Bryah Basin project area is located approximately 100-150km north of the town of Meekatharra in Western Australia. The Company's tenements and manganese mineral rights cover 1,135km² over parts of the western Bryah Basin. Figure 2 shows the Manganese Joint Venture tenement package, with prospects with an existing manganese Mineral Resource 1. RC Drilling of 2,458m was completed in 64 holes, 26 holes were reported on 1st August 2022 and the remainder in this announcement. Drilling at Redrum extended existing manganese intercepts from September 2021 drilling to the northwest and southeast, in holes RRRC029 to RRRC037. Results are now fully returned. the results from all holes with intercepts at greater than 15% manganese, over 2m or more labelled. The latest results highlight the prospectivity of the area in the north section of the prospect, with all holes drilled to date returning manganese intercepts of more than 2m thickness and greater than 15% manganese. The aspect of manganese mineralisation in the best mineralised area in the north of the prospect is a sub-horizontal sheet with a gentle plunge towards the south - southeast. Red arrows in Figure 4 show the directions the deposit is still open. Further infill and extensional drilling results were received. The results indicate that the mineralisation is open to the west and southwest with holes BRRC188 and BRRC187 intersecting 9 and 12m respectively over 22% Mn. BRRC189 returned 12m at 23.4% Mn from 13m downhole, demonstrating the consistent good thickness and grade of mineralisation within the additional domain at Brumby West that was first identified in late 2021. Results returned to date show continuity of the manganese at 40m infill line spacing. Red arrows show the directions the manganese mineralisation at Brumby West is still open. Drilling tested low order GAIP chargeability anomalies west of the existing deposit and tested a southern extension of the main lodes that are the basis of the current Mineral Resource for Area 74. Hole BRRC219 in the south of the area has returned 4m @ 27.5% Mn from 8m (previously released), indicating a southern extension of the mineralisation may be present. This will be followed up in coming works. Figure 6 below shows the location of March 2022 drilling at Area 74 with previously released intercepts. No additional intercepts were returned with the remaining assay results. Annonce • Aug 22
OM Holdings Limited Change in Presentation Currency to US Dollars The Board of OM Holdings Limited announced that OMH has voluntarily changed its presentation currency from Australian Dollars ("AUD") to United States Dollars ("USD") in accordance with International Accounting Standards 21 The Effects of Changes in Foreign Exchange Rates ("IAS 21") which allows for an entity to present its financial statements in any currency, so long as it is translated in accordance with IAS 21. Given that the majority of OMH and its subsidiaries' ("OMH Group") revenue, costs, assets and liabilities are denominated in USD, the Company's Board of Directors consider that the change in presentation currency will give investors and other stakeholders a clearer understanding of OMH's performance over time, particularly by reducing any volatility in OMH Group's earnings arising from the translation of foreign currency transactions and balances into AUD. Annonce • Jul 28
Others Om Materials (Sarawak) Sdn Bhd Announces Ferroalloys Production Update The Board of OM Holdings Limited announced that OM Materials (Sarawak) Sdn Bhd has successfully modified and converted two of its idled ferrosilicon furnaces to produce manganese alloys. The FeSi - Manganese Alloys Conversion Project was motivated by a need to align product mix with global market demand, and to generate the highest return per furnace over the full price cycle. Both furnaces have been successfully hot commissioned with production currently ramping up. Upon full commercial production, both converted furnaces will be used to produce manganese alloys, bringing the entire Plant's manganese alloys production capacity to 330,000 to 400,000 tonnes per annum. The Plant now encompasses 16 units of 25.5MVA furnaces, of which 6 units are allocated for the production of FeSi, 8 units for manganese alloys, and 2 units for silicon metal which are currently undergoing conversion works. The Company's smelting production guidance for the year remains unchanged with scheduled major maintenance works having commenced in June 2022. The furnaces scheduled for major maintenance will be shut down in stages, to minimise disruptions to ongoing operations. Recent Insider Transactions • Jul 02
Executive Chairman & CEO recently bought AU$432k worth of stock On the 29th of June, Ngee Tong Low bought around 551k shares on-market at roughly AU$0.78 per share. This was the largest purchase by an insider in the last 3 months. This was Ngee Tong's only on-market trade for the last 12 months. Buying Opportunity • May 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.1%. The fair value is estimated to be AU$1.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 64%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Annonce • May 23
OM Holdings Limited Announces Retirement of Teo Liang Huat as Independent Non-Executive Director The Board of OM Holdings Limited announced that following the Annual General Meeting held on May 20, 2022, Mr. Thomas Teo Liang Huat has retired as an independent Non-Executive Director of the Board and relevant Board committees. Mr. Teo joined the Board as an independent Non-Executive Director in July 2008 and the Board expresses its appreciation for his significant and invaluable guidance on commercial, financial and strategic initiatives directed towards the evolving global OMH Group operations. Mr. Teo's commitment and business acumen was outstanding and his independent minded and focused approach was highly valued by all stakeholders. Buying Opportunity • Apr 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.2%. The fair value is estimated to be AU$1.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 64%. Revenue is forecast to grow by 37% in 2 years. Earnings is forecast to grow by 46% in the next 2 years. Annonce • Apr 22
OM Holdings Limited, Annual General Meeting, May 20, 2022 OM Holdings Limited, Annual General Meeting, May 20, 2022, at 10:00 W. Australia Standard Time. Location: Quest Kings Park, Level 1, 54 Kings Park Road West Perth Western Australia Australia Agenda: To consider financial statements and reports; to consider re-election of Mr. Tan Peng Chin as a director; to consider re-election of Ms. Julie Anne Wolseley as a director; to consider re-election of Dato' Abdul Hamid Bin Sh Mohamed as a director; to consider re-election of Ms. Tan Ming-li as a director; and to consider approval of re-appointment of auditor. Annonce • Apr 12
OM Holdings Limited Declares Distribution for the Year Ended December 31, 2021 Payable on May 06, 2022 OM Holdings Limited declared distribution for the year ended December 31, 2021. An AUD 0.02000000 will be paid on May 06, 2022 to the record holders as on April 07, 2022. Ex-dividend date is April 08, 2022. Upcoming Dividend • Mar 31
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 07 April 2022. Payment date: 06 May 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Australian dividend payers (5.7%). Lower than average of industry peers (7.9%). Buying Opportunity • Mar 16
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be AU$1.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% per annum over the last 3 years. Earnings per share has declined by 64% per annum over the last 3 years. Annonce • Mar 04
OM Holdings Limited Announces Its Maiden Manganese JORC Resource OM Holdings Limited announce its maiden Manganese JORC Resource. Bryah owns 49% of the manganese rights in a Joint Venture with OM (Manganese) Ltd, a wholly owned subsidiary of OM Holdings Limited. The mode of mineralisation for manganese in the Horseshoe Ranges is in-situ and detrital manganese formation within shale and siltstone, with rare thin Banded Iron Formation bands. The mineralisation is present on the flanks of iron stone ridges, typically at the change of slope zone between the ridges and the plains to the south and west of the folded Horseshoe Range. This change of slope is the zone of transition to softer, less resistant (to weathering) shale units as opposed to iron siltstones higher on the ridge. Supergene regolith processes are the likely formation mechanism for all manganese mineralisation in this area. Elemental segregation within the weathering profile has resulted in manganese oxide forming within the saprolite profile of the shales and siltstones of the Horseshoe Formation as sub-horizontal to gently dipping lenticular bodies. This style of mineralisation is preserved at: Eastern area of Brumby Creek East; Northern portion of Brumby Creek West; Horseshoe Extensions. The other style of manganese deposit is formed by erosion and re-working of manganese material down- slope to form detrital deposits in channels. Reported Earnings • Mar 01
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: AU$0.11 (up from AU$0.007 in FY 2020). Revenue: AU$1.04b (up 33% from FY 2020). Net income: AU$81.9m (up AU$76.6m from FY 2020). Profit margin: 7.9% (up from 0.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Over the next year, revenue is forecast to grow 31%, compared to a 1,047% growth forecast for the mining industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Annonce • Feb 28
OM Holdings Limited Declares Final Dividend for Fiscal Year 2021, Payable on May 6, 2022 OM Holdings Limited announced that Board has resolved to declare a final dividend of AUD 0.02 per share for 2021. The Record Date for the dividend will be 8 April 2022 and the Payment Date will be 6 May 2022. Price Target Changed • Oct 05
Price target increased to AU$1.31 Up from AU$1.13, the current price target is an average from 2 analysts. New target price is 13% above last closing price of AU$1.16. Stock is up 268% over the past year. Annonce • Jul 06
OM Holdings Limited Provides Business Update on its Malaysian Operations OM Holdings Limited provided a business update on its Malaysian operations further to the announcement made on 28 May 2021. The Company's smelter complex in Sarawak, Malaysia ("OM Sarawak" or the "Plant") has been temporarily suspended since 28 May 2021 following directions from relevant Government Authorities. The Company is now pleased to announce that it has been granted approval to resume operations. Accordingly, operations have recommenced initially with four furnaces within a phased plan to ramp-up production in stages given the constrained manpower environment and the Company's focus to prioritise employee safety. As a result of the temporary suspension at the Plant, the Company had declared force majeure on all its sales contracts and its power purchase agreement until the Plant is able to resume and achieve steady state operations. During the temporary suspension, the Company was able to partially mitigate the impact to its supply chain by arranging for partial delivery of processed material to customers through third party logistic service providers. Multiple rounds of COVID-19 testing were conducted throughout June 2021. As at the time of writing, a total of 37 employees remain in quarantine. As a result of actively managing the segregation of Plant employees and continued COVID-19 testing, the Company has been granted approval by the Bintulu Division Disaster Management Committee to resume operations, and the lockdown on the affected premises has been lifted. The Company has initially recommenced operations with four furnaces earlier last week, operated by employees who have tested negative and been cleared to resume work, with a plan to ramp up production in stages, subject to manpower availability and further clearances from relevant authorities. Given on-going restrictions, such as the extension of the Movement Control Order (the "MCO") for Sarawak and taking into consideration the safety and wellbeing of all employees following a prolonged quarantine period, it is expected that the Plant may not be able to return to prior production levels in the short term. Executive Departure • May 12
Independent Non-Executive Director has left the company On the 5th of May, Peter Church's tenure as Independent Non-Executive Director ended after 9.4 years in the role. As of December 2020, Peter personally held only 94.26k shares (AU$55k worth at the time). Peter is the only executive to leave the company over the last 12 months. Annonce • Feb 27
OM Holdings Limited Resolves Not to Declare Final Dividend for the Fiscal Year 2020 The Board of OM Holdings Limited has resolved not to declare a final dividend for the fiscal year 2020. Annonce • Feb 05
OM Holdings Limited Provides Update on Operations At the Qinzhou Plant OM Holdings Limited announced that the Company's smelter plant located in Qinzhou, China encompassing its smelting operation and sinter ore production has been suspended since March 2020 due to the COVID-19 pandemic. The decision to suspend the operations at the Qinzhou Plant has subsequently been re-evaluated. During the downtime period, OMQ was able to carry out major maintenance on 1 of the furnaces while the other furnace was upgraded from 16.5 MVA to 25.5 MVA. The furnace upgrade will improve production efficiency and increase total capacity at the Qinzhou Plant with an added flexibility to produce either silicomanganese or high carbon ferromanganese. After a period of trial production, full commercial operations for the upgraded furnace and the manganese ore sinter plant restarted on 31 January 2021, while the other furnace is anticipated to recommence production in first half 2021. The Qinzhou Plant now encompasses two sets of furnaces, 25.5 MVA and 16.5 MVA respectively, with a closed furnace design that enables the recycling of flue gases for sintering. Following the completion of the upgrading and maintenance of the two sets of furnaces, the Qinzhou Plant is expected to have a production capacity of 80,000 to 95,000 tonnes per annum of manganese alloys and 300,000 tonnes per annum of sintered ore. Is New 90 Day High Low • Jan 28
New 90-day high: AU$0.87 The company is up 176% from its price of AU$0.32 on 30 October 2020. The Australian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 27% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: AU$0.60 The company is up 86% from its price of AU$0.33 on 09 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: AU$0.39 The company is up 18% from its price of AU$0.33 on 04 September 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: AU$0.31 The company is down 3.0% from its price of AU$0.32 on 28 July 2020. The Australian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 2.0% over the same period.