OMH 1.45% 34.0¢ om holdings limited

Ann: Press Release Record 2018 NPAT A$184.7 MILLION, page-7

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  1. 4,695 Posts.
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    A good result, but the 2c divi is disappointing, I was expecting another 3c divi.
    (“EBITDA” of A$339.7 million
    NPAT A$184.7 million
    Profit before income tax was $237 million not far off our predicted $250 million profit. Tax slug was $52.27 million.
    Consolidated cash position of A$91.8 million
    The Bootu Ck Mn ore sales contribution was just $3 million under my prediction of $140 million for the 2nd half, Profit for the 2nd half was $12 million under my prediction of $70 million at $58 million.
    Will have a better look later.

    When you compare OMH results to the Independence Group IGO ie a $1 billion company v $3 billion company you really note the difference.
    IGO
    6 months EBITDA $131 million ( annualized $262)
    NPAT $0.9 million
    Dividend the same at 2c.
 
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