Latest news with #OMH
The Star
14-05-2025
- Business
- The Star
Trading ideas: Nestcon, DNeX, Uzma, Peterlabs, DKSH, OMH, Keyfield
KUALA LUMPUR: Stocks to watch today include Nestcon Bhd , Dagang Nexchange Bhd (DNeX), Uzma Bhd , Peterlabs Holdings Bhd , DKSH Holdings (M) Bhd , OM Holdings Ltd (OMH) and Keyfield International Bhd. Nestcon's Nestcon Borneo Sdn Bhd (NBSB), has received a RM44.12mil contract from Matrix Excelcon Sdn Bhd for site clearing and earthworks in Labu, Negri Sembilan. DNeX, via its subsidiary Dagang Net Technologies Sdn Bhd, has secured contracts worth US$1.8mil to provide site facilitation and supply of technical and technological equipment at six international sites in Malaysia, Indonesia, and Turkiye. Uzma's wholly owned subsidiary, Uzma Engineering Sdn Bhd, has secured a contract from PETRONAS Carigali Sdn Bhd for the provision of electric wireline cased-hole services. Peterlabs has suspended its executive director, Datuk Loh Saw Foong from his duties, executive functions and roles with immediate effect for two weeks, pending the outcome of an internal investigation. In the 1Q25 ended March 31, DKSH's net profit rose 19% y-o-y to RM48.2mil or 30.56 sen per share, on sales growth, improved cost efficiencies and favourable foreign exchange gains. Its revenue for the quarter rose 7.1% to RM2.22bil from RM2.07bil in 1Q24. OMH's subsidiary, OMH (Mauritius) Corp, has signed a conditional agreement with Exxaro Resources Ltd to sell its 26% stake in Ntsimbintle Mining for approximately US$101.4mil. Keyfield has secured a work order from PETRONAS Carigali Sdn Bhd to provide an accommodation work boat for offshore operations, as part of a panel contractor contract for offshore support vessel services.
The Star
13-05-2025
- Business
- The Star
OM Holdings sells 26% interest in NMPL for US$101.4mil
KUALA LUMPUR: OM Holdings Ltd 's (OMH) wholly owned subsidiary OMH (Mauritius) Corp (OM Mauritius) has entered into a conditional binding agreement with Exxaro Resources Ltd to sell its entire 26 per cent interest in Ntsimbintle Mining Proprietary Ltd (NMPL) for about US$101.4 million (US$1=RM4.32). NMPL holds a 50.1 per cent interest in Tshipi é Ntle Manganese Mining (Pty) Ltd (Tshipi) and operates the Tshipi Borwa Mine in South Africa, OMH said in a filing with Bursa Malaysia today. The manganese and silicon smelting company said the transaction includes OM Mauritius' shares in NMPL along with its associated marketing rights. OMH said Ntsimbintle Holdings Proprietary Ltd (NH) owns the remaining 74 per cent of NMPL and the successful closing the transaction, among others, is contingent on the successful sale of NH's stake in NMPL as well as approval from the relevant authorities. OMH executive chairman and chief executive officer Low Ngee Tong said the consideration from Exxaro, a bulk commodity and energy company operating in South Africa, is an attractive and compelling opportunity to unlock value for OMH and recirculate capital to its core business operations. "We look forward to embarking on a new commercial relationship with Exxaro for the Tshipi manganese ore business,' he said. Subject to requisite regulatory approvals and fulfillment or waiver of the suspensive conditions, the transaction is expected to close in early 2026 upon the transfer of ownership to Exxaro. On the closing date, Exxaro will make the payment of 95 per cent of the transaction consideration to OM Mauritius, while the balance of five per cent will be held in escrow as security in line with an agreed escrow agreement for a period of 12 months after the closing date. - Bernama
Yahoo
12-05-2025
- Business
- Yahoo
Calculating The Fair Value Of OM Holdings Limited (ASX:OMH)
The projected fair value for OM Holdings is AU$0.38 based on 2 Stage Free Cash Flow to Equity OM Holdings' AU$0.31 share price indicates it is trading at similar levels as its fair value estimate OM Holdings' peers seem to be trading at a higher discount to fair value based onthe industry average of 33% Today we'll do a simple run through of a valuation method used to estimate the attractiveness of OM Holdings Limited (ASX:OMH) as an investment opportunity by taking the forecast future cash flows of the company and discounting them back to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. To start off with, we need to estimate the next ten years of cash flows. Seeing as no analyst estimates of free cash flow are available to us, we have extrapolate the previous free cash flow (FCF) from the company's last reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF ($, Millions) US$33.0m US$22.7m US$17.9m US$15.4m US$14.0m US$13.3m US$12.9m US$12.7m US$12.7m US$12.8m Growth Rate Estimate Source Est @ -45.96% Est @ -31.35% Est @ -21.12% Est @ -13.96% Est @ -8.95% Est @ -5.44% Est @ -2.99% Est @ -1.27% Est @ -0.07% Est @ 0.77% Present Value ($, Millions) Discounted @ 9.8% US$30.1 US$18.8 US$13.5 US$10.6 US$8.8 US$7.6 US$6.7 US$6.0 US$5.5 US$5.0 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$113m We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.7%. We discount the terminal cash flows to today's value at a cost of equity of 9.8%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = US$13m× (1 + 2.7%) ÷ (9.8%– 2.7%) = US$186m Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$186m÷ ( 1 + 9.8%)10= US$73m The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$186m. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of AU$0.3, the company appears about fair value at a 18% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at OM Holdings as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 9.8%, which is based on a levered beta of 1.628. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for OM Holdings Strength Debt is well covered by cash flow. Weakness Earnings declined over the past year. Interest payments on debt are not well covered. Dividend is low compared to the top 25% of dividend payers in the Metals and Mining market. Opportunity Annual earnings are forecast to grow faster than the Australian market. Current share price is below our estimate of fair value. Threat No apparent threats visible for OMH. Valuation is only one side of the coin in terms of building your investment thesis, and it shouldn't be the only metric you look at when researching a company. It's not possible to obtain a foolproof valuation with a DCF model. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. For OM Holdings, there are three further elements you should explore: Risks: You should be aware of the 1 warning sign for OM Holdings we've uncovered before considering an investment in the company. Future Earnings: How does OMH's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the ASX every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
12-05-2025
- Business
- Yahoo
Calculating The Fair Value Of OM Holdings Limited (ASX:OMH)
The projected fair value for OM Holdings is AU$0.38 based on 2 Stage Free Cash Flow to Equity OM Holdings' AU$0.31 share price indicates it is trading at similar levels as its fair value estimate OM Holdings' peers seem to be trading at a higher discount to fair value based onthe industry average of 33% Today we'll do a simple run through of a valuation method used to estimate the attractiveness of OM Holdings Limited (ASX:OMH) as an investment opportunity by taking the forecast future cash flows of the company and discounting them back to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. To start off with, we need to estimate the next ten years of cash flows. Seeing as no analyst estimates of free cash flow are available to us, we have extrapolate the previous free cash flow (FCF) from the company's last reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF ($, Millions) US$33.0m US$22.7m US$17.9m US$15.4m US$14.0m US$13.3m US$12.9m US$12.7m US$12.7m US$12.8m Growth Rate Estimate Source Est @ -45.96% Est @ -31.35% Est @ -21.12% Est @ -13.96% Est @ -8.95% Est @ -5.44% Est @ -2.99% Est @ -1.27% Est @ -0.07% Est @ 0.77% Present Value ($, Millions) Discounted @ 9.8% US$30.1 US$18.8 US$13.5 US$10.6 US$8.8 US$7.6 US$6.7 US$6.0 US$5.5 US$5.0 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$113m We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.7%. We discount the terminal cash flows to today's value at a cost of equity of 9.8%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = US$13m× (1 + 2.7%) ÷ (9.8%– 2.7%) = US$186m Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$186m÷ ( 1 + 9.8%)10= US$73m The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$186m. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of AU$0.3, the company appears about fair value at a 18% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at OM Holdings as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 9.8%, which is based on a levered beta of 1.628. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for OM Holdings Strength Debt is well covered by cash flow. Weakness Earnings declined over the past year. Interest payments on debt are not well covered. Dividend is low compared to the top 25% of dividend payers in the Metals and Mining market. Opportunity Annual earnings are forecast to grow faster than the Australian market. Current share price is below our estimate of fair value. Threat No apparent threats visible for OMH. Valuation is only one side of the coin in terms of building your investment thesis, and it shouldn't be the only metric you look at when researching a company. It's not possible to obtain a foolproof valuation with a DCF model. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. For OM Holdings, there are three further elements you should explore: Risks: You should be aware of the 1 warning sign for OM Holdings we've uncovered before considering an investment in the company. Future Earnings: How does OMH's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the ASX every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-02-2025
- Health
- Yahoo
Hochul announces rural mental health funding
Gov. Kathy Hochul announced Thursday, Feb. 6 that $9.6 million in state funding is available to provide additional mental health assistance services for rural areas of the state, including a program dedicated to helping farmers, agribusiness workers and their families. According to a news release from Hochul's office, the state Office of Mental Health is providing $7.6 million to establish four new Critical Time Intervention teams to support individuals living with mental illness in rural areas of the state during periods of transition and $2 million for the Farmers Supporting Farmers program to help those working in agriculture to navigate the stress often associated with the industry. 'We have an obligation to bring mental health assistance to New York's farmers and the rural areas of our state where these supports aren't always readily available,' Hochul said. 'The combined impact of the Farmers Supporting Farmers program and Critical Time Intervention teams will help bring additional mental health resources to parts of our state where behavioral health services are much needed.' According to the release, OMH is providing $7.6 million over five years to establish two new Critical Time Intervention teams to serve counties in Western New York, and two others to serve counties in the North Country. These teams will join three others awarded last year and expected to be operational later this year. OMH is also providing $2 million over five years for a service provider to implement the Farmers Supporting Farmers program statewide, specifically in the 44 counties that support farms and agribusinesses. The state has roughly 43,000 square miles of rural land area with about 3.4 million New Yorkers — more than 17% of the state's population — living in communities considered rural, the release stated. Farmers Supporting Farmers was developed "in response to the well-documented link between economic crises and the resulting stress that puts farm workers and their families at an increased risk for poor behavioral health outcomes," the release stated. The funding will provide technical assistance to address their business and financial needs, along with wellness support to promote improved behavioral health outcomes. About 20% of rural residents aged 55 or older live with a mental health issue, according to the U.S. Department of Health and Human Services. Likewise, rural communities report significantly higher suicide rates than urban areas for both adults and youth, the release stated. OMH Commissioner Dr. Ann Sullivan said, 'Our effort to strengthen New York state's mental health care system includes bringing services to traditionally underserved areas, which include many of our rural communities. These programs are providing critical supports to an at-risk segment of the population that might otherwise be disconnected from our system of care.'
