Osb Share Discussion Threads

[future financier] 03/3/2017 17:27

Not sure that the read-across is justified - SHAW offer is from largest shareholder who wants to take it private again. Bur maybe if they get a decent price (i.e. the independent non-execs do their jobs) then maybe it will assist in sector re-rating.

[albanyvillas] 03/3/2017 16:32

Why this shoot up

[che7win] 03/3/2017 16:31

SHAW takeover! !!!Light a torch under the fire! Watch OSB rocket Monday!!!!

[che7win] 03/3/2017 15:36

SHAW up 6.5% as sector rerates

[che7win] 02/3/2017 09:02

There we go, Barclays upgrades to 450p target:

02 Mar 17 Barclays Capital Overweight 384.20 - 450.00 Reiterates

[che7win] 02/3/2017 08:15

Very bullish now with those results from ALD.

400p looks too conservative here imho

[che7win] 02/3/2017 08:00

Read across?

[che7win] 01/3/2017 16:16

To me, this stock has been very predictable since last June.It is volatile, there was a blip from 350p level to 310p level, I did take advantage there but should have been more aggressive. UHound somehow managed to make on a short, against the tide, well done to him.It just feels like the stock is gathering energy to push up to 400p and maybe strongly through it.Wdik, DYOR.

[che7win] 01/3/2017 15:59

FF,
I've bought 5 tranches over the past week, last one 361.5p yesterday, and these are to add to a full original weighting.

It depends on the way the market is performing.
I may offload one today, not sure, but others I'm happy to hold and target 400p (10%).

Not inclined to sell my original holding until results. If market is performing, no reason these shouldn't continue trending, 480p is still only P/E 12 after all.

RBS may be required to help 2nd tier banks, Nationwide housing survey says house prices accelerated last month, trend is still up here for now IMHO.

[future financier] 01/3/2017 15:27

What is your selling point che7win?

[che7win] 28/2/2017 16:01

maz,
yes, all over the place again, very volatile - another broker update today with outperform - 370p level.

Hoping its around support level as bought some more.

[roundup] 28/2/2017 15:18

Perhaps broker idiots might be responsible.

[mazarin] 28/2/2017 15:06

I note more volatility again today after decent gains last week, I remain baffled with no idea why.

[che7win] 24/2/2017 19:52

Mazarin,
I wouldn't say I'm right, I make plenty of mistakes.

One could draw a line on the support trend since last August, with results coming out 16th March and banks doing well, I'm looking on a move back up to 400p+ level.

Time will tell.

[mazarin] 24/2/2017 17:54

Looks like, you 'called it right' again che7win and its not the first time that OSB's share price has violently zoomed down and then quickly recovered within days, without any obvious reason. It certainly smacks of 'price manipulation' and any historical review of the trades preceding the several volatile sessions that took place, say over the last few months wouldn't take that much of an investigation to identify the serial beneficiaries over that time. It ain't 'rocket science', it'll all be be in the records. It just needs the will to do it, but my question is why do it with OSB? Is it because of it's size that a relative small number trades either way have a significant effect? I remember when buying OSB a while ago the price moved in minutes against me. It can't have been coincidental, the rest of the world surely didn't also decide to buy at the same time? Either way it leaves a nasty smell...!

[che7win] 24/2/2017 14:52

Future,
of course, Chinese walls are very robust indeed.

[future financier] 24/2/2017 14:39

I am sure that there are very robust "Chinese walls" at Investec between the analysts making recommendations and the dealers on their "house account" - so absolutely no possibility of any "pump and dump" activity (or the opposite, whatever that is called).

[che7win] 24/2/2017 13:46

OneSavings Bank, up 4.1%. Investec raised the lender to Buy from Hold ahead of its full year results on March 16. "We regard OneSavings as a high quality, low risk business with a disciplined, 'investor-friendly' management team," Investec's Ian Gordon said.

[che7win] 24/2/2017 13:44

IN THE KNOW: Investec Moves "High Quality" OneSavings Back To Buy
Investec has moved its recommendation on mid-cap lender OneSavings Bank back to Buy only three days after downgrading the stock on valuation...

[che7win] 24/2/2017 13:16

What did I say, three days after Investec downgrades, they move the stock back to a buy. Play them at their own game.

[che7win] 24/2/2017 08:21

I did take two nibbles at 364-365.5p earlier this week.

Must be news out to push this up today.
The market was falling over itself to get in this morning, why?

[che7win] 22/2/2017 14:38

Think I will nibble