Orchard Funding Share Discussion Threads

[cwa1] 22/12/2022 08:35

Indeed, a super quick payment of the dividend from the XD date :-)

[battlebus2] 22/12/2022 08:30

X dividend today for 2p with that paid on the 6th of January I believe.

[davidosh] 13/12/2022 21:06

django44...they are different asset classes though. If something goes wrong then the bond holders will be placed above equity holders in the repayment queue and so the equity is riskier.
I suspect bond holders will expect to be paid back in full before shareholders can have any money back in a liquidation scenario.....not that it should ever come to that. I would certainly agree though on balance the shares seem better value if you are receiving the same annual return with both but equity could appreciate in value and it is starting to do exactly that...

[django44] 13/12/2022 20:25

In the Deep Value Shares newsletter (links above) Prof G.A. makes the argument that at 52p the shares are trading below the liquidation value of 77p. So it should be above 77p :)

The other thing that below liquidation value the shares are better buy than the retail bond as both have very limited down side, about the same divis but shares got lot more upside.

[97peter] 13/12/2022 18:07

GBcol and Galles et al:
I will speak with Ravi and see if we can get the presentation put somewhere on Investir relations part of Orchard website, plus have the Q&A put there as well with answers and start a Q&A/FAQ part to the Investor relations part? Along with asking for In ester relations to improve their response time and accuracy of response!!
This is a turning point in shareholder communications and updates!
Onwards and upwards to 65p a share, where it should be. Plus ex divi on 22 December of 2p.

[galles] 13/12/2022 17:58

David and Peter, thanks again for organising and facilitating it. It was great to raise the profile of the business, which really is a very low risk profitable venture. The critical side of me would say that the presentation was rather dull and full of repetitions. Very wordy. There was no mention of attractive dividends until the Q&A which I thought Ravi did very well o. Overall, it was a perfect platform to promote Orchard.

[gbcol] 13/12/2022 17:19

Thanks for making this presentation happen 97peter and davidosh. It does seem to have got some interest and with the results themselves, hopefully has helped reverse the share price decline of last 6 months.

I couldn’t attend as out of country with limited IT so would be great if presentation can be put on Orch website (and/or here).

[97peter] 13/12/2022 17:13

Great Presentation!
I think slightly biased that Ravi did a great job on presenting and giving an excellent insight into all the old and new aspects of Orchard Funding Group PLC.!!
The SaaS is the elephant in the room, as well as the small risk Insuranceand lending markets they deal with. Before long it will be taken over as it gets too big or a threat. Or a bank or Insurer like HSBC, Barclays, Aviva or Hastings want the money, trade and SaaS!!!

[battlebus2] 13/12/2022 09:05

Confirmation of them presenting at Mello.

[cwa1] 12/12/2022 10:38

Nice to see the offer price budging this morning...

[davidosh] 11/12/2022 21:34

I am amazed the share price has been pretty much fixed at this same level for the past month despite good results and a reasonable outlook to provide more of the same into this year.

Hopefully the Mello appearance on Tuesday will help and nearly 200 have registered so it will be a good audience.

[davidosh] 07/12/2022 16:55

An email went out at 15.23 to notify our database about the two shows next week so if you have attended one before then you should get an invite. I see the trading volume has increased already so do hope investors doing research ahead of the presentation.

[davidosh] 07/12/2022 15:56

There are fund managers on the show and investment specialists so three hours in total but very popular and totally free so will be hundreds in the audience. I do not think very many will be aware of Orchard Funding so a day in the sunshine...

[galles] 07/12/2022 15:52

Registered. Thank you David and Peter for making this happen

[davidosh] 07/12/2022 15:36

No problem as I have spoken to Ravi and briefed him.

He will be presenting on our Christmas show next Tuesday afternoon which already has 140 plus investors signed up to watch and I will provide 40 minutes so plenty of time for Q&A. Arix Bioscience are also presenting on the show

[97peter] 07/12/2022 12:21

Davidosh, did you reply to me in a private message? If not can you, as I can ease the flow and brief Ravi , when I chat with him tomorrow? He is very much up for a shareholder, Q&A and a market hall brief and forecast / explain and take Q’s type Mello session. He has not done one before, but is open to one, once overview and expectations are briefed to him!!
Peter

[davidosh] 07/12/2022 00:49

97peter...thanks and also to another two shareholders.

I have left messages for Ravi and my team sent him our Mello Monday information pack yesterday. I would like to get him to present next week so lets see how it goes as the results are clearly hot off the press right now.

[97peter] 06/12/2022 20:59

Davidosh, spoken with Ravi and he is very happy to do a Mello Monday, he just needs more detail and overview etc. can you reach out time via private message n here and I’ll send you e mails and contact details etc.
should be a really good session!!

[gbcol] 02/12/2022 21:01

Thanks 97peter. If Ravi is content with the share price being at all time lows then that would be surprising and disappointing. There needs to be more communication in companies like this. I’m not inclined to invest in a company that puts out 1 communication every 6 months (and even that had to be corrected a few hours later as they couldn’t even manage to get basic details like the ex-divi dates correct).

Not impressed so far and will be moving on if things don’t change.

[97peter] 02/12/2022 19:20

Ok, Davidosh I will chat with Ravi next week as I do some Cyber consulting for Orchard, plus I have quite a few shares in the company! GLA, DYIR, plus yes this is a good steady company!

[davidosh] 02/12/2022 18:43

97peter....Not just for current holders but a much wider presentation to serious investors (not traders) who may appreciate this type of safe hands, steady dividend paying company.

I can arrange it for our Christmas Mello show in ten days time and hundreds watch that. There are quite a few Mello regulars on here so it makes sense.

[97peter] 02/12/2022 17:41

Topvest, Belfry and others. I will have a call with Ravi next week and will broach the subject of an investors call and questions, market place type session for early January 2023. Watch this space and an RNS. I will keep you all informed!

[belfry17] 02/12/2022 17:32

They are a great company in terms of having trust in the business and the owners to run a good business, but I agree that the communications with investors is a bit pants.

[topvest] 02/12/2022 16:47

They need to make some effort with shareholders. An investor presentation is well overdue.

[gbcol] 01/12/2022 16:59

Personally I regret investing here. Currently about 10% down which is irritating but not significant, particularly with the dividends reducing that.

I came across Orchard by buying their 6.25% bonds which seems like a better decision.

Decent results today but it’s still bouncing around at all time lows so not sure what is going to get the share price moving up in the short to medium term. Currently I’m planning to lock in the next divi and then move on, hopefully share price will edge up a bit in coming weeks but not banking on it.