Osb Share Discussion Threads

[shanklin] 06/11/2014 15:13

Hi Scrutable

When you state that OSB has a low risk profile do you mean that all its lending is very conservative?

Thank you, Martin

[scrutable] 06/11/2014 15:04

With the IPO costs of £5,56m out of the way the fourfold increase to £29.7m of 'underlying' profits and H1 eps of 11.1 p are the ones to extrapolate for H2.

New lending is still accelerating. At the current growth rate of eps we can expect 25p for the FY equivalent to a PE of 8 - as others have already mentioned on this board.

That is extremely cheap. I doubt that there is any share on the LSE with such transparency, low risk profile, and rate of current profit growth.

[loafingchard] 06/11/2014 10:48

Took a position this morning , things appear to be heading in the right direction .

[adamb1978] 05/11/2014 15:12

Reassuring update this morning. Usually I have a whinge when a trading update doesnt contain numbers however, since I'mhoping to buy more OSB when funds allow, I'm not complaining. This still looks dirt cheap at current levels. Dont have my files with my but think it was only 8x or less based on a sensible forecast

[eeza] 05/11/2014 14:13

Must have something to do with statement else they would have been offloading yesterday into strength.

[nurdin] 05/11/2014 14:00

Clearly someone is off loading...but why?

[eeza] 05/11/2014 08:42

Someone didn't like the update.

Market seems not to be at all impressed - although looked OK to me.

[nurdin] 05/11/2014 08:22

yes a great update! I will be surprised if the media doesnt pick up on the growth story unfolding here...

[mikeja] 05/11/2014 07:28

Heading for 250p just to bring it in line with peers

[mikeja] 05/11/2014 07:26

Very nice update this am.

[nurdin] 04/11/2014 12:38

yes indeed mike...I was a bit premature with my statement....story of my life :o)

[mikeja] 03/11/2014 16:59

NOW it looks ready to pop,breaking above previous highs

[nurdin] 29/10/2014 13:41

Looks ready to pop...:o)

[henryatkin] 10/9/2014 09:45

I joined in here today after a good bit of research. My initial reaction was that it should only trade on a similar multiple as PAG but I've finally came to the conclusion it should be on a similar multiple as STB. I can see the share price rising to projected PER of 14-16 which gives a substantial rise from where we are. OSB is no longer simply a mortgage lender but a diverse lender which gives it far better growth potential.

[mikeja] 08/9/2014 14:46

Onwards and upwards

[mikeja] 29/8/2014 14:07

That is a good chart.
Nurdin am currently travelling will update later next week

[shammytime] 29/8/2014 10:07

Should see a nice rise in the next few days. I can foresee 250 before any sign of a pullback

[alan@bj] 27/8/2014 16:42

Bought 5,000 early in June at 174.53p because I thought the share
price was undervalued - then watched it slide. Now up 11% so in
hindsight it was a good decision, for once.

[nurdin] 27/8/2014 15:12

Wonder if the brokers have revised their forecasts...cue Mike?

[biggcl] 27/8/2014 13:55

currently 1500 only on Selftrade

[biggcl] 27/8/2014 13:50

yes , there were 7500 available

[manics] 27/8/2014 13:45

That's pretty much how many I'm going for. Did you get all 5k in
one buy?

[masurenguy] 27/8/2014 13:41

shammytime - 27: Interesting, barclays not allowing online
trading of this stock.

AdamB1978 - 29: Why arent Barcalys allowing online trading?! have
managed to top up this morning in my ISA (Selftrade) and add them
to my pension (youinvest)

Manics - 33:The problem here is that you can't buy any

Following todays positive interims, I took an
initial entry position here without any problems buying the stock.
I also made my investment online through one of my Barclays
Stockbrokers accounts in the normal way so the claims that they are
"not allowing online trading of this stock" is untrue.
Furthermore, Barclays Capital are also a shareholder here so it
would be bizarre for them to not facilitate online shareholder
trading on this stock.

[biggcl] 27/8/2014 13:39

i bought 5000 this am

[manics] 27/8/2014 13:38

The problem here is that you can't buy any.