Q: Any recent thoughts on OLY?
5i Research Answer:
OLY continues to chug along, paying a high dividend and priced very cheaply at 8X earnings. The balance sheet is strong, earnings growth is good this year, and cash flow is decent. Shares are tightly held and no analysts follow it. The dividend payout ratio is high (90%) but it does not require much capital in the business. A slow and steady eddy type of unfollowed name, but pretty solid overall.