Oakley Share Discussion Threads

[tiltonboy] 27/10/2016 17:27

Hope he's still buying 10p higher up;he can have mine from 130p

[spectoacc] 27/10/2016 15:35

A few more explained - still awaiting the big RNS. Quite nice to be in cheaper than him ;)

"Peter Dubens, a Director of the Company, has purchased 260,000 ordinary shares, of 1 pence each in the Company ("Ordinary Shares") at an aggregate price of 1.4650 pence per Ordinary Share. As a result, Mr. Dubens is now interested in 1,410,000 Ordinary Shares of the Company, representing 0.74 per cent. of the issued share capital. "

[spectoacc] 27/10/2016 13:15

And it goes on - 40k, 524k, 397k, 260k, all at full 146.5p, but all with no MM moves, suggesting late-reported from the other day (IMO). So just today, in block trades, another 1,350,000 shares have changed hands.

[spectoacc] 27/10/2016 12:03

130k at 146.5p full offer now (though suspect that size is delayed from yesterday). Whilst all these 100k+ trades aren't notifiable in themselves, they're very interesting in the context of a co of OCL's size & free float. Still waiting to see who took the 6% the other week at 128p. (These 100k+ blocks may, of course, be a hangover from that share dump - someone took on most but not all of what was sold, the rest going out now at much higher prices).

[luckymouse] 26/10/2016 20:04

Yes I think so - the techs are excellent - lots of confluent factors (more than usual) and the very firm background environment of PrEq & EURGBP add a tail wind which helps the rising nav. I have a ghost line/node at around 148.2 (where it may hesitate or come back a touch to confirm) then first target of 173p (gap fill).

[skyship] 26/10/2016 17:52

LM - nice interpretation. Are we headed back to 170p would you say?

[spectoacc] 26/10/2016 13:29

120k more at 145p. Wondering if a few more d buys, time will tell.

[spectoacc] 26/10/2016 08:42

2x 100k at 1.45 now, timed 7 seconds apart. Still awaiting Holdings RNS, only two large trades been explained so far. Doubtless a certain IC writer will pick up on the size of the director buy.

[888icb] 25/10/2016 21:14

A Director spending over£1.5 million is a pretty clear signal that this share is massively undervalued ( we all know about the massive discount to NAV). I think this will be heading north in the not to distant future!

[rambutan2] 25/10/2016 18:18

Albeit a rather long time in the coming!

[spectoacc] 25/10/2016 15:28

There's 950k & 200k explained - Peter Dubens, non-exec. That's some serious money laid down, and interesting in the context of the free float (though still don't know who took the 6% at 128p).

[spectoacc] 25/10/2016 13:07

100k & 200k at 145p now. Finding these trades really interesting - got to be buys, but a long way above the 128p 6% of the co changed hands at the other day (RNS still awaited). 145p still a long way below the NAV of course.

[spectoacc] 24/10/2016 17:45

Wondered whether the slightly different sizes were instead of slightly different prices, but the trades weren't booked at the same time, nor under any code that would imply a rollover. Clutching at straws!

[skyship] 24/10/2016 16:58

No - a rollover would be at marginally different prices. Looks more like a buyback; but we don't have such a Scheme in place - at least I think not!

[spectoacc] 24/10/2016 15:47

960k at 137p now; if that's a buy after the 6.5% of the co last week they've been robbed, 9p higher. Still no RNS's for any of the big trades yet.
Edit - now 950k at 137 too, so perhaps a rollover instead.

[luckymouse] 20/10/2016 23:04

Someones just piled into the right shoulder - traders favorite

[888icb] 20/10/2016 10:46

Moving north again this morning on low volume.

[spectoacc] 20/10/2016 10:11

Trouble with OCL is, never clear if you've seen a bottom or an a*se. Fingers crossed.

[888icb] 19/10/2016 16:21

The NAV per share as stated on Monday is £2.25 per share. Today we have moved up to trading at £1.33 so the upside here is huge.

[spectoacc] 19/10/2016 15:57

Don't think that quite clears Sarasin out? But agree they've previously been the seller. I'm hoping it's buyback rather than Invesco/Ruffer.