Opg Power Ventures Share Discussion Threads

[rubberbullets] 05/8/2016 12:41

Stair case to heaven

[rubberbullets] 05/8/2016 12:33

Bowl to 90

[king kong dong] 05/8/2016 10:48

Dropped a few of these into my SIPP - as a long term hold and bet on the Indian power market, it seems quite a good option at these levels.

[tipster29] 05/8/2016 10:40

Still nowhere near true value, but good to see the reversal finally starting. The big seller may have cleared.I expected this to start on results day, but evidently a few days delay.Hopefully journey back to over 100p again now

[rivaldo] 05/8/2016 10:29

Nice 100,000 buy at 62p just reported.

[azalea] 05/8/2016 09:32

Early morning buying is encouraging, but a long way to go. Patient holders will see a very significant recovery in the share price on the back of the Interims figures. Negative posters on this thread are best ignored.

[plasybryn] 05/8/2016 09:25

In Shares Magazine today.

[rivaldo] 05/8/2016 09:01

Decent buying interest so far today with a series of buys, including 25k at 59p just now.

Hopefully this bounce will continue for a while - perhaps a large seller has now departed the scene.

[azalea] 04/8/2016 14:09

latest brokers forecast ratios(Morningstar data)

2017 2018
EBITDA £77.49M £80.60M
EBIT £66.60M £68.99M
DIV YLD 2.11% 2.65%
DIV COV x 6.82 6.32
P/E 6.94 5.97
P/E GROWTH r 0.12 0.37

[jjhbev] 04/8/2016 14:06

Your point is????

[shauney2] 04/8/2016 13:59

Featured in todays Shares magazine

[azalea] 04/8/2016 13:55

JJHBev -your 2501

and you were saying!!!!

[eddie1980] 04/8/2016 13:35

Azalea - do you use a pump phrase generator? 'Lets hope the sea of buyers'

[azalea] 04/8/2016 13:05

runwaypaul

A good decision before it break through 60p. A long long way to go before the share price reflects its true value.

[runwaypaul] 04/8/2016 13:02

taken 10k @57.90

[azalea] 04/8/2016 12:06

SP on the move. Lets hope the sea of buyers are the start of the end of the nonsensical low value of OPG; which the Interims will reinforce.

[azalea] 03/8/2016 13:30

Do you mean the Chairman who is retiring, with a holding of 9,800 shares?

[onjohn] 03/8/2016 13:23

looks finished coo running away

[azalea] 03/8/2016 13:01

At last the IC gives an unequivocal 'BUY' Recc for OPG, highlighting a number of positive financial targets that will be realized in the current FY. To that end, there is no specific justification for the ridiculously cheap Sp.

[rivaldo] 03/8/2016 12:01

The IC say Buy:



"OPG Power set for maiden dividend payout


Investors that have kept the faith in OPG Power (OPG) will soon be rewarded, with management planning a maiden dividend worth 15 per cent of net earnings in respect of the financial year ending March 2017. That’s because the Indian power generator has finally hit its target 750 megawatts (MW) of operating capacity, a 480MW uplift on the previous year.

Around 70 per cent of this capacity was operational last year, which management expects to increase to around 80 to 85 per cent by March next year. A reduction in Indian and Indonesian coal prices also helped boost profits - factory gate prices fell 1.6 per cent for Indian coal and 20.7 per cent for Indonesian coal. What's more, the generator's revenue stream has become more stable, after management signed a series of captive sales agreements with around 200 industrial customers to supply power from its Chennai plant. These contracts last between two and three years.

Management says its priority now is "squeezing the lemon", in terms of current capacity and projects. Part of this is building up its 62MW investment in four solar projects in one of India's most industrialised states, Karnataka. Management hopes to build 300MW of solar capacity within the next three years.

Analysts at Cantor Fitzgerald expect pre-tax profits of £35m in the 12 months to March 2017, giving EPS of 7.7p.

IC VIEW:

The shares are trading on around 7 times forward earnings, having declined considerably in value during the past 12 months. This is hardly surprising given the negative sentiment towards emerging markets. However, with that forward earnings ratio low against its historic range, we're sticking to buy."

[azalea] 02/8/2016 12:59

The 480MW Uplift in capacity from Gujarat(300MW)and Chennai(180MW) which has been delivered progressively throughout FY16, will see full revenue and Eps impact reflected across 2017 and 2018, without any further increase in capacity. A combination of the latter and increases in dividends over that period makes the current share price look cheap.

[azalea] 01/8/2016 13:32

with Q1 FY2017 revenues at GBP 57m full year should see revenues easily top GBP230m, as all plants achieve their optimum generating capacity. This together with a maiden dividend being announced post Interims, should make the City sit up and take notice.