Osb Share Discussion Threads

[fruitninja84] 16/12/2016 13:22

Whole sector looks to be warming up. I'm speculating that we will see some M&A soon? And perhaps the markets are anticipating a rate rise here in the UK next year? If so then I know a few companies that will be well worth keeping an eye on...

[fruitninja84] 15/12/2016 13:25

Had to add a few on the dip today around 343p only a short term trade targeting around 370p all imo

[portermj] 15/12/2016 11:46

Ok sorry just seen Investec cuts

[portermj] 15/12/2016 11:42

Why the drop ... profit taken ?

[che7win] 15/12/2016 07:22

US interest rates rise last night.

[uhound] 14/12/2016 08:06

che7win,

Like share prices rate can go 3 ways - up, down, no change.

Will be interesting to see what happens here over the next 6 months.

[che7win] 14/12/2016 07:22

Oh yes, there is only one way interest rates can go from here, that's why all uk banks are rising for months.

[uhound] 14/12/2016 07:18

So are you saying interest rates are going up?Higher rates will curb lending and result in loan defaults.Undervalued based on current profits or future profits?I'm looking at how the market will react to changes to the economy and perceived changes to the economy/business.Personally I don't see much of a rate rise, however if people think that to be true well....

[che7win] 13/12/2016 20:24

UHound, Inflation and interest rates perceived change along with being undervalued is the reason why OSB is going up.

[che7win] 13/12/2016 20:22

IN THE KNOW: UK Specialist Lenders Remain Undervalued - LiberumSource: Alliance NewsThe UK's specialist lenders are still undervalued in the market, with persistent credit demand and likely support from interest rate rises, said...

[uhound] 13/12/2016 17:32

I feel OSB and ALD will suffer more than SHAW although PAG is another short candidate.

OSB very reliant on BTL lending and activity here has considerably slowed in the last month.

Also very London/South East based where the market is stalling.

Come the New Year when the press start to report on the negative outlook for BTL lending and House Prices etc - I feel we will see these shares fall. Just my opinion.

[che7win] 13/12/2016 16:57

UHound,
you go right ahead, also you might like to look at SHAW, then there are the bigger banks. I own LLOY, that might be a good candidate with it being domestically focused.

Keep us posted.

[uhound] 13/12/2016 16:45

Getting ready to short here and ALD.

Will wait until the rally stalls which could be around 400p - end of January?

Expect the next trading updates to show Buy to Let lending hit hard following changes to landlord taxation.

I think everyone's underestimating the impact this is already having on the banks lending.

[fruitninja84] 13/12/2016 09:44

Original target price *

[fruitninja84] 13/12/2016 09:42

@che7winSure am. I had a 'fat finger' moment and rush to the head when pressing the sell button after that 5% intraday rise and cluster of director sells. I was sitting on a nice profit having got in on that breakout above £3. I had around 2k shares and traded 298p to 334. It was not a conviction holding and I wanted funds for W7L which I failed to get in on time so watching and waiting there. I like to think like a 'banker' and although my original was £4 (still is) I will just trade in and out on the way up to ensure I actually make some money and not mere paper profits. Back in @339p as it's looking obvious now I may get 370p before the years out. Could receive an approach also? Wtfdik

[che7win] 13/12/2016 09:33

Perfect chart.

[che7win] 13/12/2016 09:33

Fruit,
you in again? At 400p, looks a bargain, the slow recovery gives times for investors to get in.

[fruitninja84] 13/12/2016 08:15

Excellent work Bamboo2 and thank you :)

[bamboo2] 12/12/2016 23:08

Chart shows price in a Rising Wedge, with consolidation zones. Where these zones form triangles or wedges, the apex can sometimes indicate a turn in the price. There are breakaway gaps which are currently acting as support. Price is above 200, 50 sma and lt trendline resistance. A small cup pattern with a tp of approx 370 is confirmed following an eod close above 347

[fruitninja84] 11/12/2016 17:40

Honestly i may very well be back in here soon. Just looking at that chart strongly suggests that when it clears the 350p it should in theory be non stop to £4. This 'pattern' i just noticed while going over trades i made last week today.

[portermj] 10/12/2016 13:04

Fairly large after hours negotiated trade 2 hmmmm

[che7win] 09/12/2016 18:48

Old Mutual adding

[che7win] 06/12/2016 22:58

All the best Fruit, Forward P/E below 8, think these should be at 400p right now, can't be more specific but any growth and 500-600p is fair target.

[fruitninja84] 06/12/2016 16:20

Well I took profit. Was a nice trade and I would be happy to hold further if 4 different directors had hold out a substantial amount in a short period of time. Better to be safe and all. gl holders may the rise here continue.

[che7win] 06/12/2016 14:11

Rbs upgrade