Osb Share Discussion Threads

[adamb1978] 09/2/2016 15:44

10% down today? Due to what? Systemic risk? I cant see anything which really warrants this. Just wish I had some space cash to put to work as there's some real bargains out there if you're prepared to hold

[gorilla36] 09/2/2016 13:39

All a bit silly this.

[rubberbullets] 08/1/2016 09:37

screaming leg north

[rubberbullets] 08/1/2016 08:38

looks nice

[hutch_pod] 07/1/2016 17:04

"Shares in OneSavings Bank (LON:OSB) were one of the few risers on a dour day for stocks after Investec upped its recommendation to ‘buy’ on valuation grounds.

The stock, previously a ‘hold’, rose 8.8p, or 3%, to 315.9p. This provided some respite for investors, who have seen the shares lose almost a fifth of their value in the last month.

“Today we make absolutely no change to forecasts (or target price) but with the shares down 18% since 17 Dec with (we believe) no just cause,” said analyst Ian Gordon, who reckons OneSavings is worth 380p."

h ttp://www.proactiveinvestors.co.uk/companies/news/121083/onesavings-a-rare-riser-as-broker-turns-positve-121083.html

[aishah] 06/1/2016 13:03

The Bank of England is getting increasingly worried about Britain's run away buy-to-let mortgage market.

And now Barclays is adding its name to the list of doubters, calling the top in a note sent to clients this week.

The bank downgraded two challenger banks, OneSavings Bank and Paragon, both of which have big buy-to-let mortgage books. Barclays says it thinks new rules to reign in the sector could be a "game-changer" and bring and end to the good times for lenders in the market.

hxxp://uk.businessinsider.com/barclays-downgrades-paragon-and-onesavings-bank-on-buy-to-let-concerns-2015-12

[adamb1978] 06/1/2016 12:50

Any views on why this is falling so much? Tempted to top up

[aishah] 06/1/2016 12:45

or £2.10? Big director sales between June(@298p) and Sept(@368p). dyor

[gorilla36] 05/1/2016 14:24

Don't think the chart is suggesting £4 now! £3 perhaps!

[albanyvillas] 16/12/2015 08:48

cooking on gas

[albanyvillas] 16/12/2015 08:42

chart suggests return to 400p

[albanyvillas] 16/12/2015 08:11

So things might not be as bad as feared....

hxxp://news.sky.com/story/1606443/dont-panic-pra-boss-tells-challenger-banks


ALD flying

[hutch_pod] 15/12/2015 08:59

I guess the Barclays 340p equal weight downgrade.

[adamb1978] 15/12/2015 08:46

Anyone seen any news or speculation to explain this morning's drop?

[gorilla36] 15/12/2015 08:09

Looks like someone has it in for OSB ! Great, another one of my holdings moves down 7/8/9% in 5 minutes for no apparent reason….what an effing year!

[future financier] 14/12/2015 09:01

Just a pity that the Regulators appear to be as ill informed as the populist press - just need to look at Paragon's loss ratio to realise that a well managed BTL operation carries a much lower risk of losses than does a residential owner occupier lender.

[hutch_pod] 11/12/2015 22:41

Thanks deej4y.

[deej4y] 11/12/2015 20:11

Reason for the hit today.

[freddie ferret] 04/12/2015 16:43

Re 279. Or revolution comes.

[albanyvillas] 02/12/2015 14:54

ALD also looking a bit good

[tintin82] 28/11/2015 15:49

Overreaction, hence why the bounce. This is not the end of buy to let. The insatiable appetite for renting will only exacerbate as house prices climb. Plus many landlords are trading as companies so ot doesn't matter to them. In the short term there will be a mad rush for buy to let and OSB will profit accordingly. Long-term, not much change. Its 3% that will be absorbed by rent rises with demand.

[nurdin] 28/11/2015 11:13

mike,I sold OSB at an average price of 375p.I see it has bounced back strongly after the mark down post budget.I also sold ALD at 247p. In contrast to OSB,ALD has kept going south which is surprising.Perhaps time to revisit.

[mikeja] 28/11/2015 07:42

Nurdin,if you are still in OSB,I sold my holding at an average of 380. I am now reinvesting in ALD,which are about 15% cheaper on 2017 p/e estimates and less exposed to BTL.

[future financier] 25/11/2015 17:51

.... unless you already own 15 properties in a limited company - in which case you are laughing (not to mention rich!) as the tax changes won't affect you.

[deej4y] 25/11/2015 17:32

He sure has, with the changes like reducing tax relief on mortgage payments it will definitely slow the BTL market down.