Added to YB: 2024-04-09
Pitch date: 2024-04-09
ORCH.L [bullish]
Orchard Funding Group plc
+202.37%
current return
Author Info
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Company Info
Orchard Funding Group plc, through its subsidiaries, offers insurance premium finance, professional fee funding, finance, and secured property lending services in the United Kingdom.
Market Cap
GBP 12.4M
Pitch Price
GBP 0.20
Price Target
43.00 (+7067%)
Dividend
3.45%
EV/EBITDA
N/A
P/E
4.04
EV/Sales
N/A
Sector
Financial Services
Category
value
Orchard Funding Group PLC - A deeply discounted security trading at 49% of net current asset value with catalysts.
ORCH.L: Nanocap UK financing firm at 49% of NCAV after 33% pop on H1. Provides insurance premium & professional fee funding. Hit by 20% GAP insurance market decline, £500K fraud provision. CEO owns 54%. Pays 14% yield historically. Oversold on fraud, counterparty risk & major holder selling. 43p NCAV/sh for 105% upside. H1 hints at tender offer & focus on discount to NAV. Tiny £4.5M mkt cap.
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