Seymour Pierce initiated coverage of Ocean Wilsons Holdings (OCN), the maritime services supplier, with a 1,900p target price. The broker believes that the unusual combination of market leading operational assets in Brazil and a portfolio of potentially high growth assets spread across a range of geographies and investment vehicles makes the firm a unique investment proposition. The valuations for both the holding company and the operational company are compelling, it concluded. Ocean shares rose 7p to 1,330p.
Remember someone mentioning this fairly recently but unable to find the thread otherwise wouldn;t have posted as a seperate one. Thought it might interest those entertaining a position, or those that already have one.
Think it was discussed in ee's thread about buses and investment - http://www.stockopedia.com/content/are-equity-investments-like-buses-50728/?comment=9#9
There has been a recent article on TMF: http://www.fool.co.uk/news/investing/2010/11/29/invest-alongside-the-really-rich.aspx?source=isesitlnk0000001&mrr=1.00
Very low volume on this share incidentally. I have a few. My broker put in an order last week and got 1 share in the auction; I still haven't figured out what that was about. I later managed to buy some more at a slightly higher price.
