Open Orphan Share Discussion Threads

[lucky_lady] 10/2/2021 09:28

Can’t even buy the smallest amount online

[trader_3] 10/2/2021 09:15

ORPH Chartist Video – 60p

[fozzie] 10/2/2021 08:54

24%, amateurs! 😜

[m5] 10/2/2021 08:52

I would imagine its bonus related, it usually is. They are not as smart as people think they are. We have plenty of evidence with regards to that.There are certainly ways of doing this where they can enjoy much better returns for their investors, but as I say my opinion is it will be about their personal pockets as much as anything else.

[malcolmmm] 10/2/2021 08:42

The new managers of the income funds off loading oo have boasted that they are up 24% on these 2 funds already ,It seems to me that they are using the huge profits from oo to boast the performance and why not. But perhaps they should realise oo has potential to make further profits before selling even though oo dont fit these income funds and sell prudently from time to time not just dump.

[m5] 10/2/2021 08:27

Cheers, I will listen today at some stage.

[gregb] 10/2/2021 08:21

M5, CF said the presentation would be on the Orph website later today. All going well so nothing at all to worry about.

[m5] 10/2/2021 08:14

podgyted9 Feb '21 - 22:56 - 11840 of 11846

Fair comment, I would agree with that. Invesco is what it is, they will dispose of the shares as they see fit. In the meantime business continues to grow and puke cash. Lots to look forward to and of course the divi. Unfortunately did not listen to the presentation but from feedback, all as expected. Forwards and onwards.

[pierre oreilly] 10/2/2021 07:59

In rough terms of my memory serves me well a year ago orph was around 6p and Invesco held about 50m shares.Today, they hold about half that, having sold roughly half over the last year, and the price has risen about 450%.Roll on their other half being sold over the coming year and the price rising another 450%.While it's effin annoying at the time, managed sells are nothing to worry about for long termers when done correctly. The reason Invesco don't want a block trade in my opinion means they'd get today about 27p for the lot, whereas if they only sell into a rising price like the last 12 months, they'll average about 60/70/80p

[malcolmmm] 10/2/2021 07:36

I bought ODX at 31.50p in 2014 ,sold most so just noticed the rise ,this is what a poster there posted. Perhaps that's what is happening here

NXC mentioned that as a light hearted comment. All the Institutions sold out at huge profits not only in Omega but in all the COVID stocks, its about making a profit...

[john henry] 10/2/2021 07:19

There you go Vivaldi80 a post from John Henry from LSE

[elrico] 10/2/2021 04:59

I would waste energy on the whys and the therefore of Invesco selling. They have been invested for 10 years and like any one of us, they need to manage their portfolio for tax purposes and shuffle round for the next tax year. There will be a percentage overweight, an imbalance to the portfolio due to the rise in the share price that will need addressing. SBTX, another of my investments is going through the same with Seneca. SBTX is also at a stage where it will grow millions on revenues with zero costs from one source and 70% margin from another.

As investors, we should be concentrating the future and view Invesco's selling as an opportunity to accumulate.

[podgyted] 09/2/2021 23:38

Fair comment M.

I was just making the point that a lot of the Invesco selling was about laying to rest the past and not money.

[malcolmmm] 09/2/2021 23:17

Invesco has quite a number of funds aprox 165 of them
.
The two failing funds were the income funds which weren't the right sort of funds for ORPH so these two funds are selling 00 shares

I suspect some of their other funds will keep OO and perhaps buy more especially if the income funds sells make the shares more attractive to buy at lower prices.
Invesco Oppenheimer International Growth Fund (OIGYX) may be a good play for oo

[podgyted] 09/2/2021 22:56

Think many here are missing the point about Invesco.

OO is one of the shares they should never have invested in. When new managers were put in place they had a mandate (orders if you like) to get rid of the shares which were an embarrassment from the Woodford/His protege's days. No ones going to argue with the new managers even (as is likely) it was a good investment to hang onto. In fact OO has been a prime opportunity for them as they were selling into strength for much of the time - and they will continue to do so.

Our chief says he has a buyer for them - suspect at a sizeable discount given a small cap - so they probably prefer to wait for the good news to come out and sell into further strength.

Given their clean-up mandate Invesco are being totally logical.

[discojames] 09/2/2021 22:51

Mike is right, the fund rules for these two income funds should allow for holdings in a sub 200m mcap on aim and they are trying to prove they are not Woodfords apprentices and doing it "properly"

[mikeafud1] 09/2/2021 22:40

The previous fund manager failed to follow the funds rules, they got rid of them and new fund managers are sorting out the problem. So selling as it does not meet the funds rules. Nothing wrong with Open Orphan

[fozzie] 09/2/2021 22:26

I would just love to know what the fund manager sees that makes him or her want to sell down this position. From where I am sitting there are very few shares that offer the opportunity to make money over the next few years like Orph does.

[malcolmmm] 09/2/2021 22:22

The share price fall more than likely profit taking after the recent rise .HBOS is now the second largest holder having recently more than doubled their holding .Invesco have now most prob sold alot more shares since last reporting.Toesy woesy has most prob closed, look at his non existence profile, says it all. These institutions constantly churn .shares

[elrico] 09/2/2021 22:22

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[klosters65] 09/2/2021 21:53

Okay – this is my theory. Whoever is responsible at Invesco for selling the ORPH position does not want the accusation, he has given the shares away. Let's assume he sold 3 million shares for say 30p to a party, who is going to keep them as a long-term investment. After the sale, the shares then jump up to 40p and beyond. However, if the position is dripped onto the market as the share price rises – he escapes criticism of giving the Invesco position away.

[scotty1] 09/2/2021 21:13

colin didn't think you could with that thread see top of this thread

open orphan a new beginning

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now yours

open orphan a new beginning

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my mistake if you can.

[judijudi] 09/2/2021 20:55

Pretty sure we would be 40p+ if Invesco weren’t selling