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Bullboard - Stock Discussion Forum Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

Omni-Lite Industries Canada Inc. develops and manufactures mission-critical, precision components utilized by Fortune 100 companies in the aerospace, defense, industrial and energy industries. The Company has three business segments: forged, electronic and investment casting components. Its forged products business is conducted in Cerritos, California. Its electronics business is conducted in... see more

TSXV:OML - Post Discussion

Omni-Lite Industries Canada Inc > This dog is still barking
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Post by GeorgianBayGuy on Mar 09, 2021 1:55pm

This dog is still barking

Still well more than 50% off its highs and completely flat during a year when general markets have seen incredible rebounds.  Glad I took the loss and dumped this POS early last year.  At least I was able to redeploy the capital into some companies with management teams who actualy know how to run a business.

Condolences to those that have hung on.  This story is dead.  It will go to zero or be bought out by other interests for pennies on the dollar.

-GBG
Comment by up2005 on Nov 04, 2021 11:46pm
Should have followed you. David Grant has done nothing for the shareholders for over 10 years. The company has expanded and purchased more equipment, signed new long term contracts and we are in the sewer share price wise. The company has no respect for it's shareholders. Been a DOG for a decade.
Comment by undervalue on Dec 22, 2021 11:44am
My understanding was that Grant has been gone for several years.