OMH
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0.00% 34.5¢ om holdings limited

I believe it is just a normal phenomenon, like heart...

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  1. JasonU
    45 Posts.
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    29/10/18
    23:11
    Post #: 36305731

    I believe it is just a normal phenomenon, like heart beat.


    Fundamentally, OM is very sound. Profit for this year may be a quarter of a billion. 


    Today, Shanghai index was down 2%


    The operation is not directly depended on the Chinese market. 


    Their customers are (as in the investor presentation):

    China Steel Corporation (Taiwan), Erdemir Erdemir (Turkey), Formosa Ha Tinh Tinh Steel (Vietnam) Steel, Gerdau (Americas), Hyundai Steel (South Korea) Hyundai Steel (South Korea), JSW (India), Nippon Steel & Sumitomo Metal (Japan) ,POSCO (South Korea) Thyssenkrupp (Germany).


    I feel some investors may not be comfortable with USA and Shanghai's drops.  



    OMH Price at posting: $1.19 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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34.5¢ 		Change
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33.5¢ 34.5¢ 33.5¢ $2.017K 6K

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No. Vol. Price($)
1 5000 33.5¢
 

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Price($) Vol. No.
35.0¢ 11000 1
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