I recently published an investment thesis exclusive to the investment platform, Seeking Alpha, where I will be covering recent and forthcoming initial public offerings (IPOs). The article is on OMS Energy Technologies Inc. (OMSE). From the executive summary of the article is the following:
- OMS Energy is undervalued post-IPO, with strong capital cycle dynamics and profitable growth supporting a ‘strong buy’ rating.
- The company benefits from industry consolidation, a capital-light business model, and alignment between management and shareholders.
- OMS Energy’s geographic strength and single-source supplier status enhance pricing power, but heavy reliance on Saudi Aramco is a key risk.
- Market pessimism and lack of analyst coverage have created a compelling entry point, with significant upside potential as fundamentals are recognized.
The rest of the article is available here.