Osb Share Discussion Threads

[portermj] 10/4/2017 21:41

Che7win I agree +that divi.

[che7win] 10/4/2017 19:05

Yeah, stock is cheap after Flowers sale.Just look at ALD today to see what happens after the dust settles.

[portermj] 10/4/2017 18:29

Norges bank ...again today

[portermj] 07/4/2017 16:56

Norges bank increases holding .... nice

[che7win] 04/4/2017 15:25

Old Mutual Plc above 13% - announcement.

[che7win] 03/4/2017 12:32

Beautiful trading stock this, I loaded up after Flowers, knowing there was 7.5p to bank dividends.

Plenty of time to buy in at 397-400p last week, great opportunity to trade.

[che7win] 31/3/2017 07:16

330p bid for SHAW, should read across to OSB share price.

[che7win] 30/3/2017 09:40

That was a great arbitrage opp, 7.5p dividend and no fall in share price.Gift for those buying since Flowers offload.

[che7win] 29/3/2017 14:23

Investec raises OSB back to buy, says OSB will be a material beneficiary from BREXIT.

[che7win] 28/3/2017 16:06

Peel Hunt analyst Anthony Da Costa said the 395p sale price offered investors "good upside" and repeated his 'buy' recommendation.Da Costa also upped his price target for OneSavings to 485p after upgrading his estimates for this year and next by around 22%.

[che7win] 28/3/2017 10:13

I'm buying again, traded these last week and glad I sold them.In twice this morning, 7.5p dividend for anyone holding this Thurs.

[che7win] 27/3/2017 21:57

395p looks likely, with ex dividend to come this week.

[che7win] 27/3/2017 18:15

Similar to ALD, accelerated bookbuild

[che7win] 17/3/2017 08:42

Listen to the webcast, the company was forecasting double digit earnings growth this year, that was upgraded in yesterday's results to 15%.Brokers upgrades in the pipeline.

[che7win] 17/3/2017 07:45

https://www.research-tree.com/blogs/news/excellent-results-at-onesavings-bank-justifies-recent-share-performance

[che7win] 16/3/2017 20:46

Growth: Confident in double digit, good volume, good pipeline. Several months of completions under their belt, they know the first half business performance and seem very confident.Pillar 2a consultation reduction will help them favourably too.They are guiding way ahead of consensus.

[che7win] 16/3/2017 20:10

Investor presentation webcast on their company website, 'gleaming' as they say.

[che7win] 16/3/2017 17:31

The market may decline, but OSB is such a minnow it still expects to grow strong in the remainder of the year - they say mid-teens.

Lots of broker targets ratcheting up today, the ones I saw:

Date Broker Rating Old Target New Target Change
16-Mar-17 RBC Capital Markets Outperform 355.00 445.00 Reiteration

Date Broker Recommendation Price Old target price New target price Notes
16 Mar 17 Liberum Capital Under Review 403.80 395.00 - Under Review
16 Mar 17 Peel Hunt Buy 403.80 432.00 - Reiterates
16 Mar 17 Shore Capital Buy 403.80 - - Retains

[uhound] 16/3/2017 17:13

Results did look impressive on the face of it.

All seems to be going well.

Still think the BTL business side is going to see a decline this year. Most professional investors I know are planning on reducing their portfolios or taking a wait and see approach for the next 12 months.

I guess it will take time to filter through to the bottom line.

I suspect today was profit taking following the strong run of late.

[mazarin] 16/3/2017 16:37

If this how the market reacts to good results, I shudder to think what the outcome would have been had they been 'indifferent' or even hint at unfulfilled expectation...?.

[che7win] 16/3/2017 16:06

Frustrating day, good results, 20% growth, growth mid-teens and strong applications continue:

Following the strong performance in 2016, we entered 2017 with a strong pipeline of new business and are currently seeing very strong application levels in our core businesses. We expect to deliver net loan book growth in the mid-teens in 2017, whilst keeping NIM and cost to income ratio broadly flat to 2016. We will concentrate on what we have proven we do best: being a people focused business, using our relationships, manual underwriting expertise and secured lending strategy to lend responsibly to customers in underserved markets.

P/E of 15 and these would be 600p, discount this for risk and it seems well undervalued to me, I have a 500p as the next target. Hopefully we see upgrades and share appreciation tomorrow.

[che7win] 16/3/2017 15:32

www.proactiveinvestors.co.uk/companies/news/174927/onesavings-like-lloyds-but-without-the-ppi-millstone-174927.html