Orchard Funding Share Discussion Threads

[34adsaddsa] 12/1/2024 08:15

I think it's because of what I posted about the FCA and premium finance. I got downvoted but that doesn't change the facts.

[cwa1] 12/1/2024 08:13

Yet further falls this morning. Ughhh :-(

[davidosh] 11/1/2024 11:27

Did anyone attend the Agm this morning via Teams or maybe physically?

I have just returned from a call out and so annoyed that I could not get back in time. Just wondered if all these issues were raised and I know there are some large holders on here so very much expect you will have joined the meeting to ask questions.

[konradpuss] 09/1/2024 08:47

Paid as soon as possible!

That does not fill you with optimism.

You get the mental picture of folk running around looking for the funds.

[cwa1] 09/1/2024 07:22

New levels of incompetence reached where the dividend date on their own website was wrong and has had to be corrected. And the final dividend will be paid as soon as possible after the pay date? Seriously, no actual pay date?? Makes you wonder what their business processes are like?:-

09 January 2024

9th January 2024

Orchard Funding Group PLC

("Orchard" or the "Company")

Dividend Timetable

Orchard Funding Group PLC, the finance company which specialises in insurance premium finance and the professions funding market, confirms that subject to approval at Orchard's upcoming annual general meeting (the "AGM"), to be held at 10am on Thursday 11 January 2024, the Company's final dividend for the year of 2.0 pence per share will follow the below timetable:

Ex-Dividend Date: 18 January 2024

Record Date: 19 January 2024

The final dividend will be paid to shareholders as soon as possible following the record date. These ex-dividend and record date replace the proposed dates set out in the Company's AGM notice. Following payment of the final dividend, the Company's full year dividend for FY23 will be 3.0 pence per share.

[davidosh] 02/1/2024 17:51

I am hoping to be there but will ask if they can do a presentation on the day and set up a zoom link into Luton

[cwa1] 02/1/2024 16:17

Unfortunately not one I can make. It would be nice if anyone could ask why they don't reply to shareholder questions placed through their own website and when they are going to advise us of the dividend dates!

[97peter] 02/1/2024 16:04

See you all on the11th at the AGM?

[cwa1] 28/12/2023 07:25

It is very strange indeed that the company won't correspond with their shareholders, especially to politely put questions that they really should be able to answer. I don't recall ever not getting a reply from a company before.

I'd normally take this as a very bad sign and not invest in the company but the share price seems very low(to me) relative to the how well the company seem to be doing, so it's a conundrum!

If they were remotely serious about the business I'd think they's take retail shareholders more seriously-but due to Mr Takhar's massive shareholding I guess he doesn't care a fig, nor does he need to!

[davidosh] 27/12/2023 18:14

No nothing heard back here.

It is strange that they had to make an amended RNS announcement for the results too.
It feels too much like copy and paste applies with little attention to detail.

[cwa1] 27/12/2023 15:53

Afternoon davidosh

Did you manage to get a reply from Orchard to you message?

Needless to say, I didn't :-(

[cwa1] 22/12/2023 16:09

Indeed, that IS a third party website and I suspect it is little more than an educated guess. Would certainly be nice to hear back from the actual company...

[davidosh] 22/12/2023 14:27

That is a third party website. Why is it not available on the Orchard website?

The company have been alerted and as a finance company they should be all over anything to do with numbers and providing accurate financial info.

[cowie19] 22/12/2023 13:32

So dividend paid Jan 12th looks like

[97peter] 22/12/2023 13:10

This is the forecast?

[97peter] 22/12/2023 13:06

Sorry didn’t look too close, that was 2023. Sorry.

[97peter] 22/12/2023 13:01

Here is the link to dates and events you need:
hxxps://www.fidelity.co.uk/factsheet-data/factsheet/GB00BYZFM569-orchard-funding-group-plc/dividends
Happy Christmas and onwards and upwards to all ORCH medium to long term shareholders!!!
GLA

[cwa1] 22/12/2023 10:48

Question regarding dividend sent on 18/12. No response as yet. Even allowing for the fact it's a pretty busy time of the year and they have parties to attend to, I think that's pretty poor(if not entirely unexpected).

[konradpuss] 20/12/2023 21:56

Good old Ravi, err! Peter.

[battlebus2] 20/12/2023 21:11

Peter will find out.

[cwa1] 20/12/2023 20:08

As did I. Don't have notes in front of me but was either 17th or 18th but, as yet, no reply

[davidosh] 20/12/2023 19:36

I have sent a message regarding the dividend dates

[cwa1] 20/12/2023 16:18

Quick question. Has anyone had a reply from Orchard to a message sent through the "contact us" part of their website? If so, if I may ask, how long did it take them to reply?

Cheers