Share Name Share Symbol Market Type Share ISIN Share Description
Optare LSE:OPE London Ordinary Share GB00B2PGSY66 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.035p 0.00p 0.00p - - - 0 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 56.9 -4.1 -0.2 - 0.78

Optare (OPE) Latest News

Real-Time news about Optare (London Stock Exchange): 0 recent articles
More Optare News
Optare Takeover Rumours

Optare (OPE) Share Charts

1 Year Optare Chart

1 Year Optare Chart

1 Month Optare Chart

1 Month Optare Chart

Intraday Optare Chart

Intraday Optare Chart

Optare (OPE) Discussions and Chat

Optare Forums and Chat

Date Time Title Posts
06/9/201620:31Optare - maker of buses5,439
24/7/201221:54Optare Plc -79
19/7/201217:38Optare- Leading the way in Bus Manufacturing.10

Add a New Thread

Optare (OPE) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Optare trades in real-time

Optare (OPE) Top Chat Posts

Optare Daily Update: Optare is listed in the Industrial Engineering sector of the London Stock Exchange with ticker OPE. The last closing price for Optare was 0.04p.
Optare has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 2,235,294,827 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Optare is £782,353.19.
jsbach123: reximill Optare is de facto a subsidiary company of Ashok and they will IMHO continue to fund it as long as either they really do believe it can be a vehicle (oops no pun intended) for their ambitions to develop a significant presence in the global bus market or as long as they do not wish to lose face. Barclays lend them money because their interest payments are secure and being bankers to Hinduja may bring other less obvious benefits both short and longer-term. The share price is irrelevant to Ashok. Also as the shares are not listed they are, even though there is a matched bargain facility, really rather illiquid for remaining PIs. Ashok could have bought remaining shareholders out at very low cost. IMHO they bought themselves a good deal of ill-will for not doing so. Be sure that Ashok's clever managers and accountants are running the company for Ashok's benefit. It may be that soon the company can trade at break even and after then it can perhaps generate profits to reduce the indebtedness. Much depends I suspect on the next six months especially the early months of next calendar year when it is usual for large fleet orders to be placed.
jsbach123: reximil read the summary at the top of the page. Ashok de facto control the company as they own at least 75.1% of the shares now delisted from AIM). They continue to fund it as they have stated (I paraphrase) that they intend Optare t be the hub of their ambitions to be a global player in the market for buses. Longer-term PIs who supported the company for many years (the share price was more than 10 pence for a time) have effectively lost all the value of their investments. Fickling the non-Executive Chairman has been paid more than half a million pounds by the company while he has been in office. During this time the company declared (multi)million pound losses every year.
jsbach123: possibly more likely scenario joosepi is that Ashok the majority shareholder is buying to take its holding to 90% after which it can dictate terms and buy out the remaining small shareholders. It does not matter to Ashok what the share price is.
joosepi: JSB watch the share price prior to might assist.
joosepi: The scenario here is emerging: Order book strong. Shares issued at float .8p. Many shares held by private investors. shares can be purchased today at .045. private investors buying shares. Share price increase on its way, strength of order book. Shares can be bought/sold through a matched bargain facility to be put in place on the OPE website OPE is an opportunity.
kimoldfield: What might previously have helped the share price, but is now largely irrelevant, is the release of April registrations which were quite healthy; 46 compared to 32 the previous year. Ah well!
tees maar khan: It would appear the share price spiked on announcement of a recent £7.3 million contract win (not to be sniffed at) with Stagecoach Bus UK. This looks oversold to me, and could see a turn around in the upcoming months. I'm keeping this on my radar. TMK
08:18 Good news yes - but a 54.5% jump in share price?
jsbach123: Ownership of IP is an irrelevant question as AL as majority shareholder can do whatever they wish at whatever cost they wish in intercompany transaction I think Steve. Interesting share price movement. Others have speculated on other Boards good news including large orders is possible soon. This may be true but IMHO the company is now firmly lodged in a debt-trap spiral - paying more than a million pounds annually in interest on estimated debts of £20 million or more and failing, as far as can be ascertained from information in the public domain to achieve current trading at break even. Annual turnover it has been estimated needs to be at least £80 million to break even and again from information in public domain that number seems very unlikely to be reached in this current financial year and order book value remains historically low. Fickling who has presided over the destruction of shareholder value still draws remuneration. Longer-term PIs may ask why he is paid, and also why does he not resign?
12:21 Sounds like Ashok Leyland are keen to get a move on. Ditto the OPE share price.
Optare share price data is direct from the London Stock Exchange
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:42 V: D:20161025 05:02:27