Q: Could I please get your opinion of OLY. It is a new financial company for me, thank you
Maria
Maria
5i Research Answer:
OLY is a nice, cheap, well-managed small cap financial company. Please see these comments for some general info. It offers a 6.8% yield at 11X earnings. The last quarter was good and it is a largely unknown small cap. Insiders own 35% directly and indirectly. It offers private health plan services, f/x and corporate services and register and transfer agent services. It has never lost money and has a good dividend growth record of the past eight years.