bullish

Grew 4x in past 4ys - trading at ~2.5x EV/FCF

108 Views08 May 2026 09:01
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SUMMARY
  • A few years ago, How Meng Hock was leading OMS when Sumitomo (former parent) wanted to liquidate it due to the o&g down cycle.

  • How Meng bought the division from them for $2mm in late 2023. He turned OMS around, secured an estimated $120-$200mm per annum deal with Saudi Aramco, and listed OMSE in the Nasdaq at a ~$350mm mkt cap.

  • How Meng didn’t sell a single share out of his ~60% ownership, despite the extraordinary results of his investment.

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  • Grew 4x in past 4ys - trading at ~2.5x EV/FCF
    08 May 2026
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