FoggyIsle.XYZ | Market's view on Ocean Wilsons

A Stock Watcher noted an error in Edison’s financial update, where figures were incorrectly presented in USD instead of GBP, leading to incorrect P/E ratios and yields.
There are comments about the longstanding shareholders of OCN, with a detailed history of share price fluctuations and discussions about the company’s strategic review affecting investor confidence.
Concerns were raised regarding OCN’s investment portfolio performance, which has been lagging behind indices, and the management’s decisions that have led to a significant loss of shareholder value over the years.
Stock watchers discussed the implications of the ongoing strategic review at OCN, with no clear updates or outcomes affecting shareholder sentiment.
There are comments on the dividend policy of OCN, suggesting it is not aligned with shareholder interests, particularly referencing the pass-through of dividends from subsidiary Wilson Sons.
A Stock Watcher raised concerns about the potential for a suitor for Wilson Sons, speculating on strategic moves that could impact OCN.
Observations were made about the lack of transparency in OCN’s financial reporting, such as the absence of NAV in quarterly results, which could help in narrowing the discount on share price.
The strategic review’s progress and its lack of visibility were highlighted as points of contention among shareholders, with some feeling kept in the dark about critical company decisions.
Discussions included the poor handling of investment strategies, with suggestions of financial mismanagement and calls for leadership changes at OCN.
There were discussions about the potential impact of Wilson Sons’ share buyback on OCN’s share price and overall financial health.