Share Name Share Symbol Market Type Share ISIN Share Description
OPG Power Ventures LSE:OPG London Ordinary Share IM00B2R3RX72 ORD 0.0147P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.625p -5.31% 29.00p 28.50p 30.00p 30.625p 28.50p 30.625p 629,858 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 205.0 17.5 8.4 3.4 101.94

OPG Share Discussion Threads

Showing 5451 to 5474 of 5475 messages
Chat Pages: 219  218  217  216  215  214  213  212  211  210  209  208  Older
DateSubjectAuthorDiscuss
17/10/2017
23:03
Don't think leases are significant? If Questor said £200m that cannot be right. They never entered my thinking!
andycapp1
17/10/2017
22:16
See note 27 in the Accounts
oldboffy1
17/10/2017
22:08
Questor has been sloppy with the analysis. The lease figure should read £200k not £200m!!
oldboffy1
17/10/2017
21:49
Question - What's the deal with the leases, then? I seem to have missed that during my research, is anyone able to shed a bit more light- presumably they lease the land the plants are on?
lizardman_
17/10/2017
20:54
Mountain of debt and often misses forecasts
onjohn
17/10/2017
20:51
Jozo, think that's about right. But they do need coal to fall/tarrifs to increase as that debt pile is a bit huuuuge!
andycapp1
17/10/2017
16:25
Thanks Jeffian,Exactly what a few on this bb have been saying for some time re debt.However with coal prices expected to fall and potential tariff increases in the market has slightly steered away form doomsday scenario - however this could change very quickly if coal prices don't fall and opg continue to receive ever decreasing tariff take offs.A bit ironic really for questor - those poor investors that have invested based on their previous recs have lost a shed load - and now that a bottom has potentially been reached they tell everyone to jump ship!!!Jozo
jozo
17/10/2017
15:41
If you're looking for short term gains, then maybe pull the plug. But for medium term holder (of which I am one), I think the IC has got it right. The downside risk is much less than it was 3 months ago, and 40p may be achievable, even on a sort medium term...
turbocharge
17/10/2017
14:58
Update: OPG Power Ventures OPG has done everything that we had hoped over the past three years. The Indian electricity generator has increased coal-fired capacity, broadened its portfolio of long-term supply contracts, begun to add solar capability, consistently increased sales and paid a maiden dividend. The shares have plunged nevertheless, amid suggestions that India could marginalise coal to the benefit of solar and, more immediately, a spike in coal prices that will take a heavy toll on profits in the year to March 2018. Futures markets suggest that coal prices are set to decline. Talk of tariff rises for OPG in 2019 could lead to a welcome bonus and make the stock look cheap on earnings, as well as assets – OPG currently trades at less than 0.5 times its book value. However, it has net debt of £308m (plus lease commitments of £200m). Some £36m is due to be repaid this year and the interest bill is expected to be around £38m, with lease obligations on top. Cash is just £31m, although OPG has two investments to sell. Interest cover was thin last year and will be skinnier still this year, given analysts’ consensus view that pre-tax profits will fall from £17m to just £4m. The safest option unfortunately is to pull the plug on OPG. If coal prices start to drop we will take another look. Questor says: sell Ticker: OPG Share price at close: 30.62p
jeffian
17/10/2017
14:05
Poor cash generation post debt and lease obligations. I'd say slightly old news in truth.
andycapp1
17/10/2017
13:34
Last IC View Buy, 31p 30 Aug 2017 "The coal price has damaged the company’s performance badly in the short term, but with increases in generation capacity and India’s continued growth, we remain believers that OPG will generate significant upside in the medium term. Buy."
turbocharge
17/10/2017
11:07
Jeffian,Would be interested to know what reasons questor gave?
jozo
17/10/2017
10:59
Telegraph's Questor has switched to 'sell' this morning.
jeffian
13/10/2017
09:52
Notice of Dividend OPG (AIM: OPG), the developer and operator of power generation plants in India, announces that a final dividend of 0.72p per share will be paid on 22 December 2017 to shareholders on the register on 10 November 2017, subject to approval by shareholders at the Company's Annual General Meeting being held at the offices of FIM Capital Limited, IOMA House, Hope Street, Douglas, Isle of Man at 11.30 am on 31 October 2017. Together with the interim dividend of 0.26p per share, paid in February 2017, this makes a total for the year of 0.98p per share. There will be a scrip alternative, based on a reference price to be calculated on 15 November 2017 and announced on 16 November 2017. A scrip election form will be despatched to shareholders on 17 November 2017. The last date for the scrip election will be 1 December 2017
turbocharge
12/10/2017
15:55
Depends whether there are long term buyers or whether the excitement around the results is now becoming distant news. There are certainly ongoing sellers but of course depends on their level. I do suspect that is a bit higher now. As I said in a previous post at, say, 3p of EPS - of course highly uncertain - 30p would appear about right. If further progress at the next results then it'll go better again. I remain a holder.
andycapp1
12/10/2017
13:52
At 29.75p I'd say sales, some were paying 34p for size the other day so 30.5p is a buying opportunity price should bounce later on or tomorrow
dave4545
12/10/2017
13:11
These are delayed trades, not sure how delayed these trades can be (hours, days, weeks....?)
turbocharge
12/10/2017
12:49
200k and 127k sales at 29.75p, weird time to sell, it was 33p+ and well bid the other day.
dave4545
10/10/2017
12:01
Looks solid, all the sellers today have done is make a nice profit for the mm who sold 80k at 34p, delayed it one hour and bought it all back for 32.5-33p
dave4545
10/10/2017
11:53
In case you were thinking of bailing out, another bullish chart signal: 9 Oct 2017 Intermediate-Term Bullish - Head and Shoulders Bottom Volume 1,105,073 Close Price 33.25 Target Price 39.50 - 41.00 Pattern Duration 26 days Inbound Trend Duration 33 days
turbocharge
10/10/2017
08:08
Looks Very possible IMPO!
qs99
09/10/2017
18:10
45p on way?
opodio
09/10/2017
16:02
does look like it has gained "legs" again well done those that have bought the dips
qs99
09/10/2017
14:42
No. mm's are stuffed here, all they can do is shake but any buying will take it higher.
dave4545
Chat Pages: 219  218  217  216  215  214  213  212  211  210  209  208  Older
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