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Stockchase Opinions

Ray SteeleOmni-Lite Industries CdnOML.VTOP PICKMar 05, 2002

Makes money. 10 X earnings Should grow well.
$1.90

Stock price when the opinion was issued

$1.81

As of Jun 12, 2026. Market Open.

metal fabricators
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COMMENT
California company that makes very precise metal parts. A lot of their work comes out of the defense area. Recently got a new contract for a diesel engine and anti-lock brake component as well as green lead free ammunition.
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Doesn't actively follow this company and is not part of his database. One of his outside contacts looks at the company favopurably.
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(Was a top pick on July 22. Down 52%.) Still likes. Expects it could drop further in the near term.
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(Was a top pick on June 4. Down 47%) Missed their quarter. New contracts are coming. Cheap. Still likes.
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Have a niche product in airplanes/autos. Good margins.
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On track to do .20/.25 cents in earnings. Great growth potential for their technology in special materials.