1pm Share Discussion Threads

[liquid_bull] 10/3/2011 22:00

If I can say something for a minute? well see the thing is the economy is recovering slowly yes but surely. Now what I don't understand is there is risk involved here yes high risk this isn't for the faint hearted you have to have some balls to want to invest at these levels! and sitting on the side lines is very common in these penny shares. The only advantage people getting in early have is we get to buy our shares cheaper and when you think of it when this rises I doubt it will fall back to these levels. So lets assume we get a trading statement and a unexpected good RNS that comes out and we get some buying pressure! we see the share price go north to say for example 0.25-0.30p and it falls back to about 0.17-0.18p we who have bought in now at 0.13p-0.14p are above the water. whereas someone who buys in at say 0.20-0.30p might end up making a small paper loss and get frustrated. Because we could be at that level for quite some time. Now the way I see it r1zza all we need here is buying pressure and it will happen. we could probably have news here next week who knows just have to sit tight and see where this goes but OPM is no less a risk buying now or buying at 0.20p-0.50p its a risky play and getting in now is just a little head start imo if things do start to look rosey.

[spagnum] 10/3/2011 21:59

Marab, thanks for your usefull advice and thoughts much appreciated.

[marab] 10/3/2011 20:47

Spagnum, generally in my limited experience a share that isn't doing brilliantly tends to have a falling share price after a consolidation, and I am sure you can think of a few examples. It might be a psychological thing where having a 100 penny shares doesn't seem to be as much a risk as having a £1 share. Again some people prefer owning a million shares rather than say 100 even if the investment size is the same (guilty). The whole exercise costs time and money and generally the only gain, in theory at least, is the reduced spread between bid and offer. On the other hand there is the theory that a higher share price attracts more financial interest. If I was the management I wouldn't even consider it unless I thought it would lead to more and cheaper funding, although a 100 to 1 consolidation would still be only 13p which would still appeal to 1p share fans.

Your attitude about sitting on the sidelines is perfectly understandable. The theory that the recession is over is not one I share, and the success of the company will depend entirely on the success of their clientèle unless they have some sort of asset guarantees in place. I have no idea of how, or if, they offset the risks of bad debts and it might be an idea R1zza to drop the company an email and ask them. If you tell them that you would like to copy their response to this thread you would be free to post it here. I would quite like to know the answer to that question and I am sure others would too.

As I have said before, the speed of growth of the company will depend on the amount of finance they can raise and the reduction of bad debts. This particular period would appear to be a very good opportunity for the company with banks being so reluctant to lend to anyone, and they have said in a trading statement that agents that are bringing leads to them are now being more select in their proposed clients. Whether I buy more shares here will depend on the next financial results although the management seemed confident of growing success. If well managed the company should grow steadily in the future.

[spagnum] 10/3/2011 19:51

No I dont hold at the moment .It is one I keep an eye on though but with the economic situation worsening I am concerned that their bad debts will rise.
Will sit on the sidelines for now.

[r1zza] 10/3/2011 19:35

Yes Spagnum possibly there could be but isn't it too early to be worrying about all that just yet? we aren't really on a lot of people's radar yet what are your views on this and do you hold?

[spagnum] 10/3/2011 19:31

Just trying to get a feel for peoples expectations , yours seem to be reasonable.
Whats your opinion about the amount of shares in issue , would a consolidation not be a possibility at some stage ?

[liquid_bull] 10/3/2011 19:31

Its very tempting and cheap at these levels can't really go wrong but I am looking for a 1p target price 12-18 months that is my long term target don't know about anyone else but even 0.50 would do me nicely ;)

[r1zza] 10/3/2011 19:22

Spagnum why do you ask? I intend to hold it for a long time unless I feel the need to sell in which case I will state why I am selling on this thread. My initial target price based on chart is 0.25 level but don't think it will get past that for time being it will probably stay at 0.13-0.14p level and once it rises if we get a trading statement or a good RNS could very well go upto 0.30p but will fall back to 0.17-0.18p level if we are lucky but that is just my opinion.

[spagnum] 10/3/2011 18:20

So r1zza what is your targets for this share regarding the length you intend to hold it and any target price you are hoping for ?
You seem to be saying you are a long term holder ?

[marab] 10/3/2011 16:30

r1zza, I didn't think you were arguing, I just thought it was irrelevant to the thread and it might be tidier if I removed it. Should be over the page in a few posts anyway. I don't know much more than you but if you have a HTML problem email me and we should get a solution between us. The reason I sent you my thread stuff is that it's easier to make out than all the coding ADVFN pile in to make it work. Gives you some chance.

Moochy, a few more buys like that would be nice. I agree with r1zza that this won't zoom up suddenly, although if the next RNS is good who knows. The company has said it intends to plough any profits back into the business which is good news. My guess (and due to an ever worsening memory, maybe not even close) is that overheads will be fairly static round about the £250 - 300,000 mark, so the more money they can get to lend out the proportionately higher the profits. Hopefully that in turn will increase their chances of raising further finance at reasonable rates etc, etc. If they are choosy about who they lend to and get reasonable security for the loans, then this could grow nicely over time. The fact that they have said they are looking at other areas indicates that they are not just sitting there waiting for repeat business which is a good sign too.

[r1zza] 10/3/2011 15:28

I'm not arguing with you marab. No you can leave post 11 where it is. I agree TW manipulates the share price and yes he has a big following of sheep who blindly follow him. And he has a rep so does give his stock picks that extra boost but wouldn't feel comfortable myself so rather avoid his picks as best i can. thanks for the email mate it should help me put this thread together. I just think OPM will come good in time just have to be patient :)

[moochy] 10/3/2011 15:26

Nice one...a 10,000,000 buy.

[marab] 10/3/2011 13:24

r1zza, that's one of the best reasons for setting up a thread. As for the thread I started, it looked like a good investment, which is why I started it in the first place. As time went on I found I was not happy with TW's way of conducting business, so I sold my shares. There was only one real investment that was leveraged, and all the rest seem to have been bought at market prices which wasn't what we expected, especially when you realise that TW gets 25% of any increase in NAV. It may still be a good investment as TW has a reputation to keep up, and the next NAV should be interesting, but it's not something that I feel comfortable holding.

If you feel that post 11 is better deleted, just let me know. If you start another thread at some point, could I suggest you start the thread title with the name of the company or its epic as it makes it easier to find for those that scan the titles.

I wonder how many people have fully taken on board the fact that OPH's lending agreements are over an average period of 3 years and therefore guarantee income over that period, less any bad debts of course. The continuing bad debt reduction should make a significant difference to net profit.

[r1zza] 10/3/2011 12:24

I am not really interested in starting threads. I just started this because I felt the other OPM threads are not doing a lot and I hold quite a lot of shares here and wanted to avoid mixing with people who probably will dump their shares soon as it gets to 0.20 level but thanks for teaching me how to suck eggs marab. you who has a thread set up and don't even hold any shares have sold the lot :)

[rico_suave] 10/3/2011 11:12

fair enough

[r1zza] 10/3/2011 11:08

rico_suave - 10 Mar'11 - 11:02 - 7 of 7

yes I do think that marab would do a much better job
than me but give me a chance this is my first thread

[r1zza] 10/3/2011 11:07

The board of 1pm are committed to delivering increased shareholder value. Having returned to
profitability in the first half the directors are confident that this can be built on during the second half.
Enquiry levels for new lease agreements remains strong and further growth in the portfolio is
anticipated.
1pm remains a relatively small business in the overall UK leasing market but the board believes it has
excellent growth prospects. The directors have identified a strategy to expand through entering new
geographic markets for which we already have the systems in place to accommodate this aim.
The board of 1pm remain very optimistic for the future. We would like to thank all of our clients and
our brokers for their support to 1pm in 2010.
M R Johnson
Chairman, 1pm plc

[marab] 10/3/2011 10:49

The bit in the last half yearly report that was the most interesting,
"The directors have identified a strategy to expand through entering new geographic markets for which we already have the systems in place to accommodate this aim."

It looks like the companies success will depend on how much funding they can get. Overheads must be pretty much fixed other than finance costs so the more business they get the bigger the profit.

[rico_suave] 10/3/2011 10:28

I've asked the chartist fingers to do a chart but he is pretty busy has countless requests throughout but he should get round to OPM :)

[r1zza] 10/3/2011 10:12

Its a time of uncertainty the whole market overall is down
good things in the pipe line for OPM and the company is in
profit. It isn't going to go anywhere fast so if someone is
hoping to make a quick £££££££ this probably isn't the right one.

[liquid_bull] 10/3/2011 08:38

This could start to get interesting next week imo

[rico_suave] 10/3/2011 08:11

good effort with the new thread r1zza. not very good at reading charts so can't say for sure but fund1 might be right could be a possible cup and handle starting to form here.

[marab] 09/3/2011 23:38

This thread has now moved to