Ocean Wilsons (holdings) Ld

-12.00 (-1.44%)
Share Name Share Symbol Market Type Share ISIN Share Description
Ocean Wilsons (holdings) Ld LSE:OCN London Ordinary Share BMG6699D1074 ORD 20P
  Price Change % Change Share Price Shares Traded Last Trade
  -12.00 -1.44% 822.00 12,861 16:35:04
Bid Price Offer Price High Price Low Price Open Price
822.00 834.00 834.00 816.00 830.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Holding,other Invest Offices 440.11 -18.68 -52.80 - 290.68
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:04 UT 384 822.00 GBX

Ocean Wilsons (holdings)... (OCN) Latest News

Ocean Wilsons (holdings)... (OCN) Discussions and Chat

Ocean Wilsons (holdings)... Forums and Chat

Date Time Title Posts
18/5/202308:08Ocean Wilson - alltime high1,486

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Ocean Wilsons (holdings)... (OCN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-06-08 15:35:04822.003843,156.48UT
2023-06-08 14:48:18834.002682,235.12O
2023-06-08 14:38:14834.001083.40AT
2023-06-08 14:38:11824.0048395.52AT
2023-06-08 14:37:55831.925004,159.60O

Ocean Wilsons (holdings)... (OCN) Top Chat Posts

Top Posts
Posted at 18/5/2023 08:08 by pugugly
Ex div today
Ocean Wilsons Holding Limited (the "Company"), announced on 24 March 2023 that the Board has proposed a cash dividend of US 70 cents per ordinary share, which will be paid on 15 June 2023.

The dividend timetable is as set out below:

Ex-dividend date: 18 May 2023
Record date: 19 May 2023
Payment date: 15 June 2023

Posted at 11/5/2023 10:41 by jane deer
Yes. Run for directors. There is a very easy route to increase the value of the shares, which unfortunately won’t be done. But there is a price for everything - that is why this share trades at a 50% discount to NAV.
Posted at 11/5/2023 10:11 by dozey3
“… As at market close on 31 March 2023, the trading value of the Ocean Wilsons' investment in Wilson Sons totalled approximately US$470.9 million, which represents US$13.31 (£10.79) per Ocean Wilsons share. The investment portfolio was valued at approximately US$298.1 million which represents US$8.43 (£6.83) per Ocean Wilsons share. In aggregate, including US$8.4 million of cash at the holding company level, results in an implied net asset value per Ocean Wilsons share of US$21.98 (£17.81).”

Why not split the two disparate halves of the company? His would create massive value for shareholders. But this is a company for directors not shareholders. IMO.

Posted at 14/4/2023 15:29 by essentialinvestor
Had a little nibble on the spread tightening and with the very fat XD next month.

SP movement here can to a tad idiosyncratic, so not sure on
the shorter term price. Medium term looks more interesting.

Posted at 03/1/2023 13:27 by jane deer
I see the current discount at around 50% - so it has already narrowed a bit since October (when I calculated it at a 57% discount).

My hunch would be OCN could perform quite well into the dividend in Q2. I seem to have seen a few stocks perform ahead of significant dividends in the last few months - e.g SNWS. The good dividend yield is why I prefer OCN to Hansa.

Posted at 03/1/2023 11:30 by cousinit
I guess with something as illiquid as this it only takes a handful of people to decide over Xmas to buy in or top up to move the price (and then a few sellers to take advantage to maintain the status quo!)
Posted at 26/10/2022 12:54 by flyfisher
The underlying holding in wilsons has increased in value by about 40% in the last 3 months. It has not been reflected in the OCN price which is about level over the same period. No doubt in some part impacted by the investment portfolio, which is likely to have fallen by 10% or so.

However OCN is made up about 65% wilsons, 35% portfolio.

I did a sotp valuation a few days ago based on the current wson share price and a 15% fall in the portfolio, which came to 1900p.

Having held this in the past, i now see value and have bought in recent weeks.

Posted at 16/5/2022 13:47 by last of the mohicans
Interesting that OCN didn't post a portfolio valuation based on prices for wed/thurs last week.

Perhaps they didn't want people to see how badly they've managed this downturn, failed to liquidate key holdings with a view of buying buying them back later at lower prices.

The investment portfolio loss was close to $40M at the end of April, so pretty safe to say the loss is now in excess of $45M and that only really accounts for the listed (public holdings).

The talk of defensive holding etc etc is just window dressing, those holdings make up just a small percentage of the overall portfolio.

The Short funds don't appear to be living up to expectations either.

I must say I'm surprised the share price is up given the size of the losses.


Posted at 12/5/2022 19:18 by last of the mohicans
Wilson Sons release there 1st quarter results after close of business on 13/05.

Towage numbers should be reasonable, offshore PSV revenue & oil & gas terminal revenue should both be up on last year.

The container terminal numbers are currently horrible, so its a question of how poor the revenue stream is from them.

I can't see the OCN 1st quarter figures next week being anything other than depressing especially if the fund managers have not moved a large amount of the portfolio into cash to re-invest near the bottom of the cycle.

Findlay Park funds NAV at the end of April was $163.66 (the the share price looks to have been $1539.9 compared to $1900.90 on 31/12/21) Fund lost 7.9% of its value in April alone.

The NAV is already down to $154.48 as at end of trade 11/05 so that would imply another 5%+ fall in the share price has occurred, so the fund is down around 25% from its peak.

I just hope HANSA have banked a lot of the Findlay Park profits ready to re-invest the money into the fund near the bottom of the down turn. Or even better still in the overall index that would have doubled the value of the investment fund previously if they'd followed such a simple policy


Posted at 11/5/2022 02:42 by last of the mohicans
Hansa top 10 holdings end of business on 30/4/22
Cum Income NAV per Ordinary and 'A' Ordinary share* 309.27p

Ocean Wilsons Holdings Limited 24.32 ( OCN price listed as £9.65 )
Findlay Park American Fund 7.83 ( don't have yet but probably close to $168)
Vulcan Value Equity Fund 6.02
Select Equity Offshore, Ltd 5.19
iShares Core MSCI Europe UCITS ETF 3.78
GAM Star Fund PLC - Disruptive Growth 3.77
BlackRock Strategic Equity Hedge Fund 3.63
Schroder ISF Asian Total Return 3.09
Global Event Partners Ltd 2.81
Goodhart Partners: Hanjo Fund 2.67

Valuations on 31st March 2022
Cum Income NAV per Ordinary and 'A' Ordinary share* 319.93p

Ocean Wilsons Holdings Limited 24.43 ( OCN price listed as £10.10 )
Findlay Park American Fund 7.50 ( price listed as $168.03 )
Vulcan Value Equity Fund 6.29
GAM Star Fund PLC - Disruptive Growth 5.84
Select Equity Offshore, Ltd 5.30
BlackRock Strategic Equity Hedge Fund 3.64
Schroder ISF Asian Total Return 3.09
Global Event Partners Ltd 2.76
Goodhart Partners: Hanjo Fund 2.68
Pershing Square Holdings Ltd 2.59

Valuation on 31/12/21
Cum Income NAV per Ordinary and 'A' Ordinary share* 331.37p

Ocean Wilsons Holdings Limited 21.87 (OCN price listed as £9.325)
Findlay Park American Fund 7.93 ( price listed as $190.09 )
GAM Star Fund PLC - Disruptive Growth 7.01
Vulcan Value Equity Fund 6.88
Select Equity Offshore, Ltd 5.66
BlackRock Strategic Equity Hedge Fund 3.81
Schroder ISF Asian Total Return 3.12
Adelphi European Select Equity Fund 2.81
Goodhart Partners: Hanjo Fund 2.78
Global Event Partners Ltd 2.63

As of 9th May the Findlay Park American Fund was valued at $156.37 !

So the current loss on the portfolio from 31st Dec to 9th May on Findlay Park American Fund alone is $6.965M.

I Will be coming back to this data later to comment on it, yes I know it relates to the Hansa fund and not the OCN one but the holdings are very similar


Ocean Wilsons (holdings)... share price data is direct from the London Stock Exchange
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