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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Opg Power Ventures Plc | OPG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.025 | 0.23% | 10.90 | 16:35:13 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 10.875 | 10.775 | 10.90 | 10.90 | 10.875 |
| Industry Sector |
|---|
| ELECTRICITY |
| Top Posts |
|---|
Posted at 13/2/2024 13:45 by chalky No it's slippage punters get bored and move elsewhere when you hardly get any information. they need to pay a dividend to get investors, either a buyback or a cash payment. can't see the point of hoarding cash if they are not interested in a takeover. |
Posted at 02/1/2024 11:18 by tim000 Unlike many, OPG investors had a good 2023. No reason why 2024 should be any different. India’s economy will comfortably outpace the global economy, and Indian power demand will outpace its GDP growth. High PLFs for OPG are just as important as low coal prices for driving profits. |
Posted at 15/12/2023 10:47 by tim000 They’re loath to make any forward statements of any kind, which is not really surprising. They say that the construction costs of their current capacity is more than double the book value of their plant. Indian electricity demand is growing by around 10% pa, capacity is not keeping pace. The Golbug thesis is that profitability of thermal power generation has to increase if capacity is to keep pace with demand. If that transpires, the company will be highly profitable and the extra cash generated will answer investor queries about dividends, buy backs and debt repayment. It just won’t all happen overnight. But that’s nothing new. |
Posted at 05/12/2023 20:26 by g1yns jeffian5 Dec '23 - 13:28 - 1087 of 10880 0 0 They're probably waiting for the lad who was supposed to do the investor presentation to get better 😂 |
Posted at 05/12/2023 13:28 by jeffian They're probably waiting for the lad who was supposed to do the investor presentation to get better. |
Posted at 27/11/2023 19:49 by tim000 Yes, but circumstances change. Probably the CFO was ill, assuming he’s now better the presentation is no longer timely. You expect management to be proactive, right? I agree the management could be more communicative with investors, and I’d value a presentation with the chance to ask questions. But now after the interims is appropriate. |
Posted at 27/11/2023 16:51 by jeffian I note that the investor presentation appears to have been quietly kicked into the long grass...... |
Posted at 31/10/2023 20:24 by tim000 If management can continue to convert high PLFs into cash generation, as they have in H1 FY24, then surely a progressive dividend policy can be announced next Monday? Even a small dividend in relation to net cash would imply a very high yield at the current depressed share price, and would attract new investors. |
Posted at 25/10/2023 20:39 by tim000 You’re obviously well informed, but whether or not Gujarat was their fault, they have a history of making poor investment decisions. If they have a neurosis, it’s understandable. The Gupta dream of creating an empire in the power sector (reading their early ambitions after the IPO) looks to be dead now, and they’ve lost the confidence of institutional investors. |
Posted at 24/6/2023 08:11 by tim000 I had a reply from the Cenkos analyst. He says he’s not regulated to answer questions from private investors, only institutional investors, so I don’t think he’s going to be helpful. |
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