Orchard Funding Share Discussion Threads

[cwa1] 07/6/2023 12:43

That's a bold holding BB2 :-) I've got handful but not in your league!

Wonder what the collective holding of the posters on this BB might be?

[konradpuss] 07/6/2023 12:39

Battle, make sure you are happy with the margin to reflect the illiquidity of this stock.

Personally, I am however I do not hold as much as you. Pondering if I should.

[battlebus2] 07/6/2023 12:34

Took a few more at 44p. Decent holding in the company now and will likely reinvest the dividend.

[battlebus2] 07/6/2023 12:13

X dividend tomorrow for 1p but unfortunately some can’t wait 🤣. Patience required like most stocks at the minute.

[konradpuss] 07/6/2023 12:10

Only monkey picky bottom!

[cowie19] 07/6/2023 11:52

What a badly timed purchase at 46.38 the other day Ho hum still like this.

[konradpuss] 07/6/2023 10:51

I think that these folk's business model is well suited to bad times.

Your average punter is cash starved so puts his/her/its insurance 'on the book'.

If they don't pay in month five, the policy is cancelled and Orchard does not lose.

[cwa1] 07/6/2023 10:29

We seem to be heading back down again :-(

[cowie19] 02/6/2023 11:00

Just picked up 7500 @ 46.38 showing as a sell

[battlebus2] 22/5/2023 20:41

Added a few more today.

[gbcol] 18/5/2023 13:14

I hope you are right BB. I tend to be patient, often over patient with my investments, taking a long term view but this one has irritated me, probably more than it should have. I have other sectors that I understand better but got this for some diversity. It hasn’t gone particularly well so far but to be fair I’ve had plenty worse. We will see.

[battlebus2] 18/5/2023 12:45

I think you’re being a little short sighted. This is a steal at the current price given the company’s track record of profits and dividends. At some point we will see a rerate or even M&A. Happy to have ORCH as my top holding.

[gbcol] 18/5/2023 12:19

Keep going battlebus2. This has been a poor investment for me which frankly I didn’t really research properly but if you can get it to around 52-55p I’ll happily move on.

I think there is definite potential here but I don’t like the lack of shareholder engagement or the fact that such a high percentage of the shares are held by one person/family.

[battlebus2] 18/5/2023 10:43

Added again.

[battlebus2] 16/5/2023 11:01

At some point our 20k seller will be finished.

[battlebus2] 16/5/2023 10:31

I thing buying anything under 50p is a complete bargain. Doesn’t mean the market does though. 🤣

[cwa1] 16/5/2023 10:29

A few more buys from you and the share price could be at a sensible level!

[battlebus2] 16/5/2023 10:15

And again.

[battlebus2] 16/5/2023 09:39

Made another little addition.

[battlebus2] 12/5/2023 11:23

Totally agree Florence.

[florence141414] 12/5/2023 10:53

I agree BB. It's the security of the loans combined with the value proposition that make it stand out from other micro cap lenders IMO. The propensity to find out that they have made a huge number of bad loans is almost zero due to the way in which their loans are structured. They are not chasing the defaulting party but the insurance intermediary who has no reason not to return the funds.

If you looked at it as though you were buying the whole company what would you be getting for your money? You'd be paying 9.75m to receive 17.5m of very secure loans. Plus 1-2m in profits every year for your troubles. A no brainer on that basis.

[battlebus2] 12/5/2023 09:15

Bought a few more this morning. Every way I look at it this is totally undervalued and paying almost 7%. DYOR etc

[kumbuka] 09/5/2023 20:42

Still not looking good at OPTI pj. How long have you been pumping that one ?

[kumbuka] 09/5/2023 20:41

Just one bully boy just one ?