Added to YB: 2024-10-03
Pitch date: 2024-09-30
OCN.L [bullish]
Ocean Wilsons Holdings Limited
-11.74%
current return
Author Info
Value and Opportunity focuses on slow investing, special situations & the occasional wild punts Sign up for their newsletter.
Company Info
Ocean Wilsons Holdings Limited, an investment holding company, engages in the management of a global investment portfolio.
Market Cap
GBP 643.4M
Pitch Price
GBP 13.37
Price Target
17.67 (+50%)
Dividend
6.71%
EV/EBITDA
9.82
P/E
-17.74
EV/Sales
N/A
Sector
Transportation Infrastructure
Category
special_situation
Ocean Wilsons (OCN.LN) - Deep Value 'Sum of the parts' Special Situation with a Catalyst
OCN.L: Deep value SOTP with 24% upside in 6mo. 56% stake in Wilson Sons (Brazilian port/maritime co) likely to be sold by 2024 end. Trading at 48% discount to NAV. Potential re-rating + sale premium. 75% deal probability. Risks: lower price, no discount narrowing, failed deal. 2% portfolio allocation.
Read full article (3 min)