Source : OIMPLC
After months of restructuration, OIM PLC is now aboarding new opportunities
The Board of Directors of OIM Plc informs the market about its progress in realizing its strategy.
Non-audited financial results of its main subsidiary, the Fleischhauer Group (95.9 %), show an EBIT of €447K and a profit after tax of €349K over the first quarter of 2011. This means a substantial increase on both EBIT and PAT as compared to the same period 2010 as well as compared to the budget. The order book is in line with this increase.
Today raising a low level 0.75 euros, OIM stock option is due to raise the month coming. According to Traders specialist, this Stock Option, due to the investments, should raise to 3 or 4 euros within the next three months. Our advice would be then a short term buy for this action. Bought today at 0.75 euros, sell in three months at 3 or 4 euros.