The All Ordinaries Index (ASX: XAO) is 0.29% in the green today, but these three ASX All Ords shares are charging higher.

3P Learning Ltd (ASX: 3PL), OM Holdings Limited (ASX: OMH), and GQG Partners Inc (ASX: GQG) shares are all surging today.

Let's take a look at what is impacting these ASX All Ords shares.

OM Holdings

OM Holdings shares were leaping by 19% earlier in the day. They have since pulled back but are still 12.06% higher than Thursday's close, at 76.2 cents. For comparison, the S&P/ASX 200 Materials Index (ASX: XMJ) is 1.79% in the green today.

OM Holdings produces ferrosilicon (FeSi) and manganese. In a presentation late last week, the company advised it is on track to meet its 2022 production guidance of 340 to 360 kilotonnes per annum.

In the September quarter, the company's FeSi production lifted by 6%. However, manganese allow production fell by 11.1%.

3P Learning

3P Learning shares are currently soaring by 13.15% to $1.42, having earlier been up almost 19%.

The ASX All Ords share is a global online education company providing e-learning programs in mathematics, spelling, reading, phonics, and literacy.

Overnight, news emerged the global online tutoring market could reach US $19.47 billion by 2030 at a compound annual growth rate of 13.5%. Online learning demand has soared since COVID-19 school closures.

3P Learning will hold an AGM on 16 November in Sydney.

GQG Partners

Global asset management firm GQG Partners shares are currently leaping 6.57% today to $1.46. For perspective, the ASX 200 Financials Index (ASX: XFJ) is 0.49% in the red today.

The GQG Partners Global Equity Fund holds shares in Exxon Mobil Corp, UnitedHealth Group, AstraZeneca, and HDFC Bank, among other shares.

In an article yesterday, my Foolish colleague Tristan recommended investors buy the GQG partners share price. He highlighted this ASX dividend share aims to distribute 90% of its earnings to investors.

The ASX All Ords share declared total dividends of US$0.0182 per share on 18 October.

The post 3 obscure ASX All Ords shares going gangbusters today appeared first on The Motley Fool Australia.

The Om Holdings Limited (ASX: OMH) share price lifted today amid a huge jump in profit.

The manganese and silicon smelting company's share price lifted 7.46% to 72 cents. In contrast, the
All Ordinaries Index (ASX: XAO) dropped 2.07% today.

Let's take a look at what this ASX All Ords share reported to the market.

Om Holdings net profit surges

Highlights of Om Holdings' half-year results include:

• Net profit after tax (NPAT) exploded 231% on H121 to US$60 million
• Earnings per share lifted nearly 268% from 1.82 cents to 6.69 cents
• Revenue of US$466.7 million, up 35% on H121
• Earnings before interest, tax, depreciation and amortisation (EBITDA) surged 114.8% to US$104.6 million
• Consolidated cash lifted to US$82.8 million

What else did this ASX All Ords share report?

Om Holdings achieved a gross profit margin of 27.7% in the first half of 2022, up from 19% in H121.

The company's revenue and gross profit margins were higher despite fewer products being sold compared to H121.

Underpinning the strong financial result was stronger prices for manganese ores, ferrosilicon and silicomanganese alloys.

The company also reduced its debt to equity ratio from 0.67 times at 31 December last year to 0.54 at 30 June.

The company's OM Sarawak smelter is forecast to produce between 340,000 to 360,000 tonnes of ferroalloys by the end of the year.

Management commentary

Commenting on the results, CEO and executive chairman Low Ngee Tong said:

I would like to commend and thank all staff, especially our team on the ground in Sarawak, on delivering an outstanding set of results for the first 6-months of 2022.

Despite pandemic related workforce challenges and the fluid working environment in a year of furnace conversion and major maintenance, we have delivered operationally and the Group has been able to post very robust financial results.

Om Holdings share price snapshot

The Om Holdings share price has surged more than 15% in the past 12 months, but it has lost 20% year to date.

For perspective, the All Ordinaries Index has fallen 7.3% in the past year and 7.53% year to date.

Om Holdings has a market capitalisation of about $531.8 million based on the current share price.

The post This ASX All Ords share flew higher on a 230% profit boost appeared first on The Motley Fool Australia.

The OM Holdings Limited (ASX: OMH) share price has seen some major gains over the last few months.

During that time, the OM Holdings share price has increased by 34.72%. Yesterday alone it gained almost 16%. However, it is currently down 4.88% on Wednesday's closing price to 98 cents.

So what's been happening internally to make this particular ASX All Ordinaries share soar?

Let's take a closer look…

What's been going on with OM Holdings?

OM Holdings is a miner that primarily focuses on the production of manganese (Mn) and silicon — two ingredients used to create steel. In addition, it is involved in the production, smelting, and distribution of processed ferroalloys (iron containing a high proportion of one or more other elements).

The company, which operates out of a number of locations including China, Japan, Malaysia, Singapore, South Africa, and Australia, last month released its latest corporate snapshot. Highlights included:

• Cash and equivalents (as of 1H FY21) of $61.5 million
• Debt (total borrowings as of 1H FY21) $398.6 million
• Enterprise value of $1 billion
• Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) (trailing 12 months) of $91.7 million

OM Holdings activities highlights

The company also gave an activities update for the quarter ending 31 December 2021, accounting for its numerous projects.

Overall, the miner transacted 555,904 tonnes of ores and alloys from its sites within the December quarter. This compares to 492,954 tonnes in the previous quarter (1 July to 30 September 2021) — an increase of 13%.

OM Holdings said this was "partially due to recovery in trading volumes and partially due to unshipped material carried forward from the prior quarter's production".

Further, it achieved increased production at its most recent site, Sarawak in Malaysia, with ferrosilicon (FeSi) and manganese alloys up 8% and 5% respectively (against the previous quarter).

The company said 12 out of 16 furnaces at the site were in operation throughout the quarter. As a result, "production in FY 2021 has exceeded production guidance".

However, OM Holdings also said global crude steel production saw an 8.9% decrease against the 2020 prior corresponding period. It said this was due to "a significant reduction in Chinese steel production".

The price of 44% manganese (Mn) increased in the December quarter (against the September quarter), and the FeSi (iron and silicon) price decreased.

OM Holdings employees in China and Malaysia continued to endure COVID-19 restrictions, which the company predicts will lead to a decrease in production. However, it is hoping to experience a rebound later this year.

OM Holdings share price snapshot

During the last 6 months, the OM Holdings share price hit a low of 70 cents in late September and a high of $1.25 in early October.

While no company announcements directly coincided with these movements, the ASX All Ordinaries miner did commence manganese drilling at its joint venture project in Western Australia earlier in September. It also reported a 116% increase in international ferrosilicon prices and gave an investor presentation around these dates.

The OM Holdings share price is also up almost 34% over the past 12 months and almost 8% this year to date.

The company has a market capitalisation of $653.68 million based on its current share price and a price-to-earnings ratio (P/E) of 79.52.

The post Why this ASX All Ordinaries share has quietly gained 35% in 6 months appeared first on The Motley Fool Australia.

In early afternoon trade, the manganese and silicon focused mining company's shares are up 30% to a two-year high of $1.06.

This latest gain means the OM Holdings share price is now up 93% since the start of the year.

Why is the OM Holdings share price on fire today?

OM Holdings' shares could be racing higher today in response to an announcement by Bryah Resources Ltd (ASX: BYH).

According to the release, OM Holdings has elected to continue funding a further $500,000 of exploration in the Bryah Basin Manganese Joint Venture. This will increase OM Holdings' interest in the joint venture from 40% to 51%.

Bryah Managing Director Neil Marston said: "We have been very successful in our exploration efforts to date and believe that there is significant potential to identify sufficient resources to support the commencement of high-grade manganese mining operations in the Bryah Basin in the near future."

"We are very pleased that OM (Manganese) Limited [OM Holdings' subsidiary] has elected to continue funding exploration on this exciting manganese project. These funds will be applied by Bryah to advance the project towards development in the near term."

The release also notes that a Gradient Array IP (GAIP) survey was completed earlier this week at the Brumby Creek Prospect. This is where earlier reverse circulation and diamond drilling intersected significant high-grade manganese mineralisation.

Judging by the OM Holdings share price movement today, some investors may be optimistic that this survey will reveals further potential mineralisation for the joint venture to target.

What else could be driving its shares higher?

Also potentially giving the OM Holdings share price a boost today is its performance on the Malaysian share market, which is no doubt boosting investor sentiment.

Earlier this week the company's shares debuted on the Malaysian Bursa. Since then its Malaysia-listed shares have stormed higher and continue to rise today. In fact, based on current exchange rates, investors are paying a meaningful premium on the Bursa to own its shares.

The post Why the OM Holdings (ASX:OMH) share price is rocketing 30% higher appeared first on The Motley Fool Australia.

Shares in OM Holdings Limited (ASX: OMH) are gaining today after news the company has released the prospectus for its secondary listing in Malaysia. Near the close of trade, the OM Holdings share price was trading at 85 cents, 3.03% higher than yesterday's closing price.

OM Holdings is a manganese ore and ferroalloy producer. It operates a manganese asset in Australia and a smelting facility in Malaysia, and also has assets in South Africa, China, and Singapore.

OM Holdings' new listing

Today, OM Holdings announced it will list on Malaysia's Bursa Securities Malaysia Berhad (Bersa Securities), with a "tentative" listing date of 22 June..

The company said the new listing would not involve new shares, but rather all shareholders would be able to transfer OM Holdings shares between the 2 exchanges.

OM Holdings executive chair and CEO Low Ngee Tong, along with the company's other notable shareholders, will transfer at least 10 million of their own shares from the ASX to Bursa Securities on the day of listing. The 10 million shares represent 1.35% of Om Holdings' issued shares.

The ASX will continue to be the company's primary listing. The new listing will see OM Holdings become the first ASX-listed company to be dual-listed in Malaysia.

Commentary from management

Low Ngee Tong commented on the company's secondary listing:

Through the secondary listing, we aim to broaden our investor reach and widen our investor base, and potentially increase the liquidity of our shares through separate trading platforms. It will enable us to tap into additional platforms for future fundraising and provide us with the flexibility to access different equity markets to raise funds.

We may potentially undertake fundraising from the Malaysian capital markets after the secondary listing and channel the funds towards expanding our Sarawak Plant.

OM Holdings share price snapshot

It's been a good year on the ASX for the OM Holdings share price so far. Currently, shares in the company are up 54% year to date. They have also gained 112% since this time last year.

The company has a market capitalisation of around $609 million, with approximately 736 million shares outstanding.

The post OM Holdings (ASX:OMH) share price up on news of a second listing appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back today are listed below. Here's why they are pushing higher:

CogState Limited (ASX: CGS)

The CogState share price is up a massive 58% to $1.46. Investors have been buying the neuroscience technology company's shares following news that Eisai and Biogen have gained Accelerated Approval from the US FDA for aducanumab for the treatment of Alzheimer's disease. Cogstate believes its digital cognitive assessment technology could play an important role in supporting the types of large-scale cognitive assessment that will be necessary in the launch of disease modifying therapies like aducanumab. It has a global deal with Eisai.

Contact Energy Limited (ASX: CEN)

The Contact Energy share price is up 5% to $7.62. This follows the release of a business update by the energy company this morning. That update revealed improvements in its overall performance and pricing.

EML Payments Ltd (ASX: EML)

The EML Payments share price is up 5% to $3.65. Investors have been buying the payments company's shares after broker responded positively to its trading update from yesterday afternoon. One of those was UBS, which responded by retaining its buy rating and $5.30 price target. Based on its update, it expects EML Payments to deliver a result at the top end of its guidance in FY 2021.

OM Holdings Limited (ASX: OMH)

The OM Holdings share price is up 2.5% to 78.5 cents. This morning the manganese and silicon company announced that it has obtained the approval of the Securities Commission Malaysia and Bursa Malaysia Securities Berhad to proceed with its secondary listing. The company notes that it is known by many in Southeast Asia through its smelter operations in Sarawak.

The post Why Cogstate, Contact Energy, EML, & OM Holdings are pushing higher appeared first on The Motley Fool Australia.

The OM Holdings Limited (ASX: OMH) share price is lifting this morning despite news its employees have protested the company's COVID-19 strategy. The protestors demanded a review of the strategy in place at OM Holdings' Malaysian smelter plant which means workers who leave the site must quarantine for 2 weeks on return.

The OM Holdings share price is up 3.1% at the time of writing, trading at 99 cents.

Let's take a closer look at the news released this morning.

Workers' protest

Today, OM Holdings advised its employees have been frustrated by the company's management of COVID-19 outbreaks.

Since January, the company has provided all of its workers with on-site accommodation and meals. Employees who leave the site or go home have to quarantine for 14 days upon return.

The strict strategy was recently extended, rousing workers to protest on 22 April.

According to the company, only employees who live locally were involved in the protest. They called for a review of the strategy and the ability to commute to work daily as normal.

Om Holdings said it extended the strategy because of another outbreak of COVID-19 in Malaysia. Currently,  Malaysia has confirmed more than 2000 new cases of coronavirus every day for the last 9 days.

Those involved in the protest were offered 2 alternatives to the current strategy. They could go on a scheduled orderly leave rotation with pay or they were given the option of non-rotation incentives.

According to OM Holdings, more than 80% of workers involved chose to continue staying on site.  

The company said the protest did not impact the plant's production nor were any violent incidents or accidents. Company representatives, police and other government bodies were at the protest to ensure the safety of all involved.

OM Holdings share price snapshot

The OM Holdings share price has been having a good year on the ASX so far. 

Currently, the OM Holdings share price is up 74.5% year to date. It's also up by 166% over the last 12 months.

The company has a market capitalisation of around $709 million, with approximately 738 million shares outstanding.

The post The OM Holdings (ASX:OMH) share price is lifting today appeared first on The Motley Fool Australia.

The OM Holdings Limited (ASX: OMH) share price has lifted 1.39% in early trade this morning. This comes after the manganese producer provided a business and operations update.

At the time of writing, OM Holdings shares are swapping hands for 73 cents apiece. 

What's moving the OM Holdings share price?

The OM Holdings share price has started in the green today on the back of the company's latest update.

According to this morning's release, OM Holdings advised that during COVID-19, its smelter plant in Qinzhou, China was turned offline. The facility conducts smelting operations and sinter ore production – a process whereby iron ore fines and other fine material enter a blast furnace.

The company said that while suspended operations continued from March until January this year, major maintenance work was undertaken at the site. This included upgrading one of its furnaces from 16.5 MVA to 25.5 MVA. OM Holdings noted that the new improvements will enable it to maximise production efficiency and increase total capacity at its Qinzhou Plant. Furthermore, the blast furnace can now either produce silicomanganese or high carbon ferromanganese.

Silicomanganese is used as a strong deoxidizer, which helps to improve the mechanical properties of various steel grades. Ferromanganese counteracts the bad effects of sulphur, thus increase the strength and hardness of stainless-steel products.

After completing trials, the company restarted its full operations for the upgraded furnace manganese ore sinter plant on 31 January 2021. The other remaining furnace is expected to recommence production sometime in the first-half of the financial year.

Once the facility is running at full capacity with both furnaces, OM Holdings estimates total production of 80,000 to 95,000 tonnes of manganese alloys, and 300,000 tonnes of sintered ore per annum.

Management commentary

OMH executive chair Mr Low Ngee Tong commented on the company's prospects, saying:

As China remains the world's largest producer and consumer of steel, this capacity upgrade of our Qinzhou plant will increase the Company's smelting capability and create more synergies with our manganese ore distribution activities in China.

The post Why the OM Holdings (ASX:OMH) share price is rising today appeared first on The Motley Fool Australia.

In afternoon trade the S&P/ASX 200 index is pushing higher again. At the time of writing the benchmark index is up 0.25% to 6,967.1 points.

Four shares that have failed to follow the market higher today are listed below. Here's why they are dropping lower:

The Afterpay Ltd (ASX: APT) share price is down 2.5% to $38.93 despite there being no news out of the payments company. However, in earlier trade the Afterpay share price hit an all-time high of $40.73. I suspect that this could have led to some investors taking a bit of profit off the table this afternoon.

The IOOF Holdings Limited (ASX: IFL) share price is down 3% to $7.27. The financial services company's shares have come under pressure this week after providing its guidance for the first half. One broker that wasn't overly impressed with its update was Ord Minnett. This morning the broker retained its lighten rating on IOOF's shares.

The OM Holdings Limited (ASX: OMH) share price has fallen 5.5% to 41.5 cents. This morning the manganese company warned that the coronavirus outbreak could negatively impact its business. OM Holdings advised that there is a potential risk of disruption to the supply chain of raw materials to the company's flagship smelter complex in Sarawak, Malaysia. This follows measures taken by China to contain the spread of the virus.

The Resolute Mining Limited (ASX: RSG) share price has dropped 4% to $1.05. Investors have been selling the gold miners on Wednesday after improving investor sentiment led to softening demand for safe haven assets. It isn't just Resolute that is tumbling lower today, almost all of Australia's leading gold miners are in the red. This has led to the S&P/ASX All Ords Gold index dropping a sizeable 2% lower this afternoon.

The post Why Afterpay, IOOF, OM Holdings, & Resolute are dropping lower appeared first on The Motley Fool Australia.

The S&P/ASX 200 index is on course to end the week on a positive note. In afternoon trade the benchmark index is up 0.3% to 6,814.7 points.

Four shares that are climbing more than most today are listed below. Here's why these shares are racing higher:

The Alcidion Group Ltd (ASX: ALC) share price is up 5.5% to 19.5 cents. This follows an announcement that it has signed an agreement with Dartford and Gravesham NHS Trust to implement the OPENeP Electronic Prescribing and Medications Administration (ePMA) system produced by Better. According to the release, the total value of the contract is £1.02 million (~A$1.9 million) and will be recognised over a period of six years. OPENeP is a comprehensive electronic prescribing and medication management system, constantly improved in collaboration with pharmacists, doctors, and nurses.

The Jumbo Interactive Ltd (ASX: JIN) share price has climbed 5% to $15.46. Bargain hunters appear to be swooping in today after a sharp pullback in its share price. The online lottery ticket seller's shares were sold off after it provided its first half guidance. Due to its investment in business activities, management expects first half profit growth of just 13%. However, it advised that it expects its margins to return to normal and for its investments to bear fruit in FY 2021. It also reiterated its target of $1 billion in ticket sales on the Jumbo platform by FY 2022. This will be triple what it achieved in FY 2019.

The OM Holdings Limited (ASX: OMH) share price is up over 5% to 51 cents. This morning OM Holdings announced that its OM Manganese business has received approval to recommence in-pit mining operations at the Bootu Creek Manganese Mine. Operations at Bootu Creek were suspended in August following a fatal accident in the Tourag Pit.

The Resolute Mining Limited (ASX: RSG) share price has jumped 7% higher to $1.26. This follows a strong rise in the spot gold price overnight. The gold price climbed a sizeable 0.7% to US$1,515 an ounce during overnight trade amid doubts that a US-China trade deal will be signed. Resolute isn't the only gold miner pushing higher. The S&P/ASX All Ords Gold index is up 2% in afternoon trade.

The post Why Alcidion, Jumbo, OM Holdings, & Resolute shares are racing higher appeared first on The Motley Fool Australia.

The OM Holdings Limited (ASX: OMH) share price has been one of the best performers on the All Ordinaries on Friday.

In late morning trade the manganese producer's shares are up 5% to 51 cents.

Why is the OM Holdings share price jumping higher?

Investors have been buying OM Holdings' shares on Friday after it announced that its OM Manganese business has received approval to recommence in-pit mining operations at the Bootu Creek Manganese Mine.

Operations at Bootu Creek were suspended in August following a fatal accident in the Tourag Pit.

The Northern Territory Department of Primary Industry and Resources has given its approval for in-pit mining operations to recommence in a staged manner. Each stage will be subject to independent review and approval by nominated parties.

Though, at this stage there is no current proposal for any in-pit mining operations in the Tourag Pit.

Management advised that it: "recognises and acknowledges the Department of Primary Industry and Resources, Northern Territory Police and NT WorkSafe for their ongoing efforts and cooperation and will continue to work with all relevant authorities and stakeholders during the staged recommencement of mining process."

The resumption of these operations will be a big positive for the company in 2020.

Although it has continued to operate its smelting at its Sarawak operation, it was only able to do so by sourcing substitutes to ensure the continuity of manganese alloy production.

Combined with the suspension of its production, this is expected to lead to a very disappointing half year result for OM Holdings in FY 2020.

As a result, it will be no surprise to learn that its shares have thoroughly underperformed this year. In fact, since the start of the year they had lost almost 62% of their value prior to today's announcement.

Shareholders will no doubt be hoping that its performance improves greatly in 2020.

The post Why this ASX mining share is racing higher on Friday appeared first on The Motley Fool Australia.