Orchard Funding Share Discussion Threads

[konradpuss] 09/4/2024 07:05

Sorry, partial 'buyout' price.

Optimistically, if it is at a reasonable level, depending on where you bought in, you could be left holding shares in a private business (not ideal) and your money back.

[konradpuss] 09/4/2024 06:53

Anyone prepared to put a figure on the 'buyout' price?

Now come on Peter!

[topvest] 09/4/2024 06:40

Now we know Ravi's plan all along and why he didn't make any efforts to promote the company. Interim results not too bad, but now is the optimal time to take private with all the bad news. Sounds like he might be buying shares in the market when the price collapses. Only a very small shareholding for me thankfully.

[playful] 09/4/2024 06:23

He had an extra biscuit with his coffee this morning…

As a result of the continued and escalating costs of listing having a significant impact on our earnings, the poor trading of our stock, the lack of liquidity of the stock and the inability of the company to raise new capital, we believe a full review of the benefits of continuing to maintain our admission on AIM should be undertaken.

[konradpuss] 31/3/2024 09:04

Well if 'Ravi' was worth his salt he would have bottomed out all of their current lending over the last month and announced his findings.

What has happened since the fraud announcement - absolutely nothing.

I am glad of my small exposure to this stock.

Where is Peter the pumper?

[muffster] 14/3/2024 21:24

https://www.glen-arnold-investments.co.uk/net-current-asset-value.htmlOrchard listed as a purchase, many years ago.

[konradpuss] 14/3/2024 09:50

Looks like the 'Professor' was doing fine. Now did you see what I did there?

[cc2014] 14/3/2024 09:34

Well it's good news for him as he's getting paid to lose money for Henry Spain on ORCH.

It's the same for all these guru's imho. If they were any good they wouldn't be writing books, articles etc. They would instead be spending their time working on their portfolios.

[konradpuss] 14/3/2024 08:18

I hope this will be good news for both him and Henry Spain in the long run......

[valuewinsout] 13/3/2024 23:45

Hi Hedgehog100 - for a typical bank they pay interest on customer deposits, and receive interest on loans. Higher Bank of England interest rates are beneficial because they can increase paid internet more slowly than charged interest. But Orchard is different- I think that it has less scope to increase interest rates on its loans, and it is paying a bank overdraft interest for much of its borrowing- so higher interest rates push up its borrowing costs. Lower rates on balance are probably better for it. It depends on the fine balance between rates paid and charged.

[davidosh] 13/3/2024 13:57

TIME Time Finance have upgraded forecasts many times in the last year and are doing very well

[hedgehog 100] 13/3/2024 13:51

97peter 4 Mar '24 - 17:42 - 832 of 844 0 0 1
" ... Hopefully diverting the funds put into GAP and plugging this hole in internal fraud/introducer should see Orchard bounce back by November time and also with lower bank interest rates, improvements in share price "


Peter,

HIGHER interest rates are actually regarded as the benefit to lenders, not LOWER rates.

From a Time Finance (TIME) thread:-

someuwin 28 Apr '23 - 15:03 - 182 of 549 0 1 0
"Reading about Barclays in The Times...
"Barclays profits hit 12-year high after surge in interest rates"
Says that lenders are being boosted by rate rises being pushed through by the Bank of England. This is enabling commercial lenders to increase their net interest margins.
If so, has to be good for TIME too."


So as the overall trend in inflation is expected to continue falling back to the 2% target, with interest rates therefore likely to follow suit, this surely represents a significant headwind for ORCH to battle against.

[muffster] 12/3/2024 09:08

No stress that Peter character is well known for his CEO like constant rose tinted nonsense

[kabrams] 09/3/2024 19:29

I’m sorry to intervene here as I rarely post and especially when I no longer hold.
I’ve taken my losses and moved on but I notice a pattern that’s quite worrisome. When this character Peter arrives on the thread posting how wonderful Orchard funding is performing and how there’s no better company to invest in it seems to correlate with a negative share movement. This happened to me the first time and like the nervous investor I am I sold out, it was a small holding anyway but I’ve continued to follow this stock and it’s happened over and over.
How can you say this is a great company, run by the infallible when the shares have fallen 60% from around 50p when I first invested.
Sorry but I don’t believe the latest post that everything is rosy in the garden when it clearly isn’t. Could it be someone is buying on the lows and ramping while selling on the peaks. This clearly happened in the past.
Everyone can make their own minds up but I feel the need to warn investors after what I’ve seen.
My take is profits will be down this year and maybe next and no dividend will be paid. If you’re a brave soul this maybe for you but for the average Joe I’d say think long and hard before investing on the back of something someone posted on these bulletin boards.

[eeza] 09/3/2024 14:05

Peter needs to change his rose-tinters.

[konradpuss] 09/3/2024 13:53

Peter, 'a well run and robust company' really?

Dr.Glen Arnold is on the investment committee of Henry Spain. On his own blog he has previously confirmed purchase of Orchard at circa 45p from memory. Lately he has stopped posting. I hope the shock of the share price drop has not permanently done the poor fellow in.

Like most of us he is probably currently licking his wounds and laying low.

Peter do you use Google?

[muffster] 05/3/2024 17:03

Reckon we might see Henry Spain hold notifications

[muffster] 04/3/2024 22:01

Konrad, I agree, I said the same. Then followed Professor Glen Arnold in and bought a load. Paper fundamentals great. Actual fundamentals being torn apart by poor management and oversight

[cowie19] 04/3/2024 18:35

We are all human Konrad, as long as we learn from our mistakes, we should ultimately succeed.

[konradpuss] 04/3/2024 18:26

Cowie, my lesson is this is a quasi bank. I have always said I would never buy a bank share. I did not listen to myself! Foolish me.

[cowie19] 04/3/2024 18:19

Down 65% on my holding, have not sold any but I take onboard the lesson this teaches me. I will continue to hold.

[97peter] 04/3/2024 17:42

Hi Konrad,
It was just eezymoney wanted to know about fundamentals? Both the GAP insurance issues, plus this internal fraud are not good for Orchard in anyway. Eezy wanted to know how % they broke down when splitting the 24 -26 million borrowed out / funded by Orchard to the various elements stated in previous post.
Ravi I am sure is doing a thorough review and investigating, putting in extra processes and procedures to minimize this happening again. It is only the second time in almost 5 years, the last one cost Or hard I think and don’t quote me was £125,000 non payment default back in 2020/21?
Unfortunately if say an introducer to say 5 golf clubs (100 members at each, equals £100,000 at £1,000 member fees), 10 static caravans at £50,000 or 2 bridging loans of say £250,000 each. To create a default loss, but sometimes this happens in the work we live!
Hopefully diverting the funds put into GAP and plugging this hole in internal fraud/introducer should see Orchard bounce back by November time and also with lower bank interest rates, improvements in share price