Q: What are your thought on this company and as a speculative buy?
5i Research Answer:
OML has been around a very long time, with mixed performance. This year it is up 82%, but this brings market cap to a still-too-tiny $17M. Recent sales growth has been good, but its business is 'chunky' with large orders at times and then periods of stagnation. It has some debt, but is profitable. Insiders own 16%. The company can be somewhat promotional, and the shares are down more than 60% from levels of nearly 20 years ago. We can't recommend it, largely due to its size and inherent business volatility over the years.