Orchard Funding Share Discussion Threads

[97peter] 18/1/2023 15:04

A 6-7% divi with potential for growth and future rises in divi! What do you want, even the big divi payers like UU, SSE and NG , you need to pay £10+ a share, so stick with ORCH it is going places and giving you a good return, inflation will be back below 4% next year.!

[1tx] 18/1/2023 14:50

Is there anywhere you can earn 20-30% return?Perhaps as a loan shark;but best not to stand still after you have got your money back!!I think the problem is that investors are fearful of investing in companies that are involved in consumer credit and are selling down their investments in this field with more enthusiasm than others are to invest in spite of high well covered dividends ;even if it seems unlikely that people will default on their car insurance premium payment ORCH main finance offering.I am only a small recent holder here;but my larger longer held holdings in Close Bros,S&U,and Secure Trust have done poorly over the last year.Close and S&U still seem to be doing well.Only pawn broker Ramsdens which I also hold has bucked the trend share price wise.

[spob] 18/1/2023 13:48

better but not "well paid"

[battlebus2] 18/1/2023 12:05

Better than a stock that pays 0% and is in a similar unloved position

[spob] 18/1/2023 10:21

" with a dividend yield of over 6%, to keep me company, I'm being(well)paid to wait."


Dividend is well below the inflation rate

means loss of purchasing power while waiting, unless the shares are re-rated


Dividends are all a bit redundant at the moment in the grand scheme of things

you need to be returning around 20-30% per annum in the current environment JUST TO STAND STILL


So no point getting excited about a 6% divi

[97peter] 18/1/2023 09:55

Thank you Davidosh, I will inform and update Ravi. I think once the Investor relations pages on the website are updated. Plus the links to what Lendxp and Trustloop SaaS and services offer and to whom, how and at what costs, this will help investors realise the wealth and potential of this company and share.

[davidosh] 16/1/2023 23:36

The Mello presentation and Q&A has been edited out of the show and is available to put on the website as very useful for investors.

[battlebus2] 16/1/2023 16:54

Mine too. Poor day with a few top holdings down.

[fozzie] 16/1/2023 16:27

Just puts the tin hat on my day!

[battlebus2] 16/1/2023 16:13

Impatience or maybe some are linking it to insurance co PW

[97peter] 16/1/2023 16:09

Why all the sells Friday and today? The share price and the company are doing well. Why sell? Strange, especially after the Mello presentation and future growth and increased profit and contracts??

[cwa1] 06/1/2023 07:52

Nice to see that ORCH dividend nestling in the account first thing this morning! Gives a warm glow whilst we await a re-rate ;-)

[97peter] 04/1/2023 16:41

GBCol, it won’t be long before the presentation , Q&A sessions and FAQ’s for investors is on there! Plus Ravi who I will be catching up with tomorrow is putting in place betterrespi see times as more emails for investors to send questions to, including his sort e mail.
I will also be trying to put more updates and news via ADVFN andLSE BB .
GLA
DYOR

PS - I am heavily invested here and so some of my over positivity, is due to knowing more about Orchard, plus research!!! Read about their SaaS , which again will be published very soon via Investor relations andOrchard Funding Group PLCweb pages.

[gbcol] 04/1/2023 15:43

97peter it would be very useful if they could get that presentation onto their website.

I bought a few more today too although both your shareholding and optimism is considerably higher than mine. That said, share price has popped up to 60p a few times over last couple of years, and will hopefully do so again before too long. In the meantime, the divi is decent.

[galles] 04/1/2023 15:13

Default rate is extremely low. They have agreements with organisations whereby the any failure by the borrower will be footed by the organisations. Very safe. And that was the reason why ORCH did not go further into say football season tickets etc.

[97peter] 04/1/2023 14:27

Cowrie, definitely buys!

[97peter] 04/1/2023 14:10

Ammons, if you watch the Orchard Presentation on Mello. You will see and hear that 90% of Orchards lending is insured/ covered! Plus the SaaS they use also mitigates losses or failures very well! This may be a slow steady eddy share, but a solid one!

[ammons] 04/1/2023 14:07

How might this share react to a loan default? Possible in the coming reccession? According to LSE this company has a market cap of only £10m. Tiny.

[cowie19] 04/1/2023 13:56

These are showing as sells

[97peter] 04/1/2023 13:53

Topped up today with another 26,636 and 25,000 shares at ridiculously low share price Of 47p. This share will raise in Q2 as UK recession ends and markets and investors turn upwards. The Ukraine war will be resolved?? Plus Chinaand US markets will regain!
Orchard is a fabulous company, well run and on the up! With a 6-7% yield and 3p divi per year , what’s not to like!

[cwa1] 03/1/2023 13:40

Afternoon Rainmaker

It's obviously impossible to tell for sure-but as the trade was timed at 9.34am, when the spread was 47-48p, my money would be on a sale. However, I'd agree with anyone that says you can't tell for sure either way!

Re ADVFN trade logs, I think you can be absolutely certain how they mark the share trade definitions-any price above mid(at the time of trade print) is marked as BUY, below as SELL and on mid as ? BUT you can be certain that it's very often an incorrect "guess" as you can often buy below mid and the converse, not to mention the effect that a delayed trade, etc. has...

Anyway, as an "old timer" like yourself clearly knows you need to take their trade definitions with a whole slug of salt!

And, yes, I'm a happy holder too

[rainmaker] 03/1/2023 13:27

I'm pretty sure that trade of 138,500 @ 47.35p with the market opening at 46p bid, 48p offered,is a purchase. Long experience has taught me not to put too faith in ADVFN's purchases and sales figures. I'm a happy holder here and with a dividend yield of over 6%, to keep me company, I'm being(well)paid to wait.

AIMHO, DYOR

regards

[playful] 03/1/2023 11:16

I am standing firm here its way too cheap in anyones book!

[cwa1] 03/1/2023 10:52

Happy New Year to all

I see a "reasonably" sized trade at 9.34am for 138,500 shares at 47.35p. A sale, I would assume. Has this been holding the share price back and is now "out of the way", or is there more behind it?

FWIW I added to my holding this morning before seeing that, just based on what APPEARS decent value to me, with an added 6%+ yield whilst I wait for that value to be outed in the fullness of time.

I note the share price has fallen back pretty much all of the way since the recent presentation(albeit it has gone XD for a chunky 2p during the timescale!)

Fingers crossed and hoping for a better year...

[rainmaker] 30/12/2022 00:23

However given the opportunity, I would encourage Ravi to purchase the Company's shares for cancellation which imho is a "no brainer" given the share's historically low share price, a large discount to the rating of its sector and a huge discount to the Company's intrinsic value however you choose to measure it. We're also trading at a ridiculously cheap, two thirds of net working capital-consider this as proxy for a company's minimum liquidation value as legendary Stockmarket Value Investor Ben Graham noted that a company could not be liquidated for less than this figure.

Orchard Funding are both lightly geared and financially stable. A share buy back makes absolute sense since it would boost earnings, net assets and dividends per share, flattering ROE to boot whilst simultaneously sending an unequivocal and very positive message to the market in the company's long term future. IMHO even a modest purchase of say 500,000 shares would have a dramatically positive impact and send the shares flying.

We can't help the derisory rating the "Market" currently gives such a business but the management can take full advantage of such an opportunity to everyone's benefit.

AIMHO, DYOR as I have done mine.


regards