Attached is a comparison of OMH to S32 in terms of Enterprise...

Attached is a comparison of OMH to S32 in terms of Enterprise Value


This shows that OMH has an EV/EBITDA of 4.17 (slightly lower than S32's at 4.25).

An EV/EBITDA of 4x basically means with 4 years EBITDA we could buy another OMH. I think this is reasonable given that Bootu Creek has a 20-year mine life.

The Sarawak project is 25% owned with Cahya Mata Sarawak Berhad (a leading industrial conglomerate listed on Bursa Malaysia) - potential bidder for OMH (in a takeover situation).

Also S32 has US$2.97bn cash - be interesting to see if they are looking for assets like OMH.

Does anyone on here know what the growth prospects are for OMH?

I just bought in today, so will continue to research...