ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

OPG Opg Power Ventures Plc

10.25
0.05 (0.49%)
Last Updated: 09:56:48
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Opg Power Ventures Plc 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
  0.05 0.49% 10.25 10.00 10.50 10.50 10.00 10.50 19,600 09:56:48
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 58.68M 7.45M 0.0186 5.51 41.08M
Opg Power Ventures Plc is listed in the Electric Services sector of the London Stock Exchange with ticker OPG. The last closing price for Opg Power Ventures was 10.20p. Over the last year, Opg Power Ventures shares have traded in a share price range of 7.60p to 14.25p.

Opg Power Ventures currently has 400,733,511 shares in issue. The market capitalisation of Opg Power Ventures is £41.08 million. Opg Power Ventures has a price to earnings ratio (PE ratio) of 5.51.

Opg Power Ventures Share Discussion Threads

Showing 4776 to 4800 of 8975 messages
Chat Pages: Latest  203  202  201  200  199  198  197  196  195  194  193  192  Older
DateSubjectAuthorDiscuss
15/3/2017
11:31
well, let's hope it can maintain the momentum...
qs99
15/3/2017
11:22
Sellers are continuing to get their fingers singed, anyone(big or small) following as the share price recovers, will get them burned.
azalea
15/3/2017
08:37
On Monday Premier Energy & Water Trust PLC reported their results. OPG is their largest holding at 8% of their total investments (£4.475m valuation), and they had this to say:



"PEWT’s largest investment, OPG Power Ventures (“OPG”), performed exceptionally well operationally, fully commissioning its second coal fired power station in Gujarat. As such interim results for the six months to September were strong, with a 40.8% increase in earnings, together with the declaration of a maiden dividend. OPG’s next investments will be in solar power, which should provide highly visible long term earnings. Despite the company’s positive development, its share price fell by 24.7% over the year."

rivaldo
14/3/2017
13:06
Fingers crossed the forced seller is now completely out.FX rates are in OPGs favour and with likely interest rate cuts in 2017 this will help their bottom line. "Low inflation and crude oil prices will enable the Reserve Bank of India, or RBI, to reduce interest rates in 2017, perhaps by up to 0.50%–0.75%."
ballychan
14/3/2017
11:43
going for it now, about time!
qs99
14/3/2017
11:24
one thing more fx is working in OPG favour . INR high today more.
jaws6
14/3/2017
11:16
well it would appear that the forced seller point was correct, why if you believe the forecasts would you be dumping all the way down to sub-50p IMO? anyway, hopefully cleared by now....gla and thanks for informative posts
qs99
14/3/2017
09:11
BSE index jumps to over 29,400pts. Passing of GST Bill is expected to add !% to GDP.
azalea
10/3/2017
17:11
Sorry it's 562GW being targeted for completion in 2030. To no surprise the bulk of this is coal (47%), renewables (28%) and remainder mix of gas, nuclear, hydro.A google search of "indian energy scheme 2030" brings up an interesting pdf presentation, that is referenced in OPGs talk last night. OPG are already close to be being a 1GW producer, with 562GW 'on the table' I can see them doubling within 5-7 yrs.The one off incidents certainly have hit earnings this year, but as Cantor said, one-off incidents aren't enough to dampen the opportunity. Ajay mentioned there diverse operation of 300 customers has helped them stay in line with expectations, where other companies have suffered massively from the weather and coal spike.
ballychan
10/3/2017
11:23
if you see from the rescheduled payment table 2017-2021 payments will decrease by 67 million,the biggest payment is after 2021 this saving will go to the profit and loss account with over time greater amounts of cash,because your'e reducing payments ,net profit will increase over the period and show up in increased p/e.
chalky
10/3/2017
10:34
Interesting Ballychan.

A couple of observations on what you have shared. The free float has been reduced and liquidity is the enemy of the trader and investors at large. Though while a buyback makes sense from a theoretical perspective in practise it makes less sense due to reducing liquidity and even more importantly reducing their options for future growth.

I want to find out whether earnings could rise to 11-12p on the installed base, which may be possible given the fall of sterling. Earnings have been a stinker, but with increased load factors and reduced coal prices on the horizon we could be in for quite an uplift. We should not be too rash to capitalise the stock on current earnings which have had additional one off challenges such as demonetisation and the death of Jayalalita. Yes, you may think it was to lame to blame a death of politician, but she was a massive cult figure in Southern India and her death would have been the equivalent of Princess Diana's, which may well have had an effect on U.K. retails sales for example.

If coal prices stay stubbornly high prices of electricity will have to rise otherwise no one will invest in new capacity given the compressed current returns on capital. Who is making money in the Indian power sector? Coal will inevitably still be the main engine of growth of supply for India. Where is the 260GW going to come from and what is the timeline? Has the business model changed in anyway with a move to longer term contracts? What can be done to reduce payment days?

I am also interested to learn why they rescheduled debt payments. Is there another project in the pipeline? Remember all the rumours in the Summer about acquisitions? Clearly the depressed share price stops them issuing equity, but I still think they are very keen to grow their installed base.

the original goldbug
10/3/2017
09:33
Bally - A couple obvious mistakes & then the reissue. You only get one chance to make a first impression and in my books they failed. It made me 'uncomfortable' with my investment.Good luck to all that continue to hold tho'.spud
spud
10/3/2017
09:30
I've shared my notes from last night below, it was nice meeting a couple of you. Overall summary - operationally they are performing well. Institutions have told them to continue doing what they're doing - keep increasing YoY figures. They handed out an informative pack so my notes aren't too extensive.* Two IIs sold large holdings, nothing to do with fundamentals but had redemptions so forced sellers. Another 6 IIs have increased their holdings. In Dec 13, 35% was held by IIs, in Dec 16, 37% is held.* Both their margin (39%) and net debt versus ebitda ratio (3x) are at the top end compared to peers.* Discounted on PE basis compared to peers.* dividend increase from 15% to 33% in next 3-4 yrs.* Visited 70+ IIs over a year.* Met a big US II last week, impressed with Ops figures but concerned with the liquidity of the stock.* Share buy backs been looked into but that would further worsen the liquidity position.* coal price peaked to $55, now $40, China has re-instated the hours mined so expected to reduce further.* post demonetisation, expect improvements in scheduling.* India want 260GW to be supplied.
ballychan
09/3/2017
21:13
I've been in & out of these in the last six years, more out than in recently.
It's a slam-dunk to me, but the vagiaries of cost overruns & delivery delays caught up with them.

I'd be interested in hearing from you what info you might glean from Palliwal, Gupta & Swami. More indian names than those, you will never find as Russell Peters would say......

napoleon 14th
09/3/2017
17:39
Who is Ajay?

I am meeting Mr Gupta and Mr Swami who are over for a road trip and board meetings.

Edit: I see who Ajay is now having looked him up. You should try and get a steer on Vedanta too, which looks interesting at this juncture.

Anyway I am very happy to share notes. Please feel free to message me.

the original goldbug
09/3/2017
17:27
It's Ajay Palliwal this evening, 7.30 to 8pm.Do you mind me asking what event you're meeting them at next week?
ballychan
09/3/2017
17:10
Who is presenting Ballychan, as I am meeting them next week when they are in London.
the original goldbug
09/3/2017
16:45
Spud, was it a couple of particular things in the RNS or just the RNS as a whole?OPG are presenting at 7.30pm tonight, I'll be popping in to hear them. If anyone else is going, I'm in a blue striped shirt. Be nice to meet a fellow investor.
ballychan
09/3/2017
14:51
Sold out at average 50.25p. First trading loss for 13 months. The poorly presented and inaccurate RNS did for me.

Good luck to all holders.

spud

spud
09/3/2017
08:44
Polythene WTF indeed. I suggest you read my post again, I said CRITICS and NON HOLDERS". These posters are those who knocked the shares,never held them and never intended to; their sole intention being to trawl through various threads simply to make a nuisance of themselves. One of the classics was the poster who claimed he sold shares in CEY at the top 200p(now circa 158p)" and bought into Highland Gold (HGM?) at a price below 100p. I caught him out by pointing out that the share price was never at that level at the time he claimed he bought.

I may well have said OPG was a buy, but did I advise posters to buy, which is a quite different matter? No one gets it right all the time, and each is responsible for his/her own investment decision. The individuals who have never held OPG but knocked them may have caused others to sell. Lets not forget several brokers and analysts - IC, Midas & Questor have recommended OPG with a target price of 134p. Perhaps you should write and complain to them?

azalea
08/3/2017
16:01
WTF Azalea? How could it be galling for holders to see a share price rising. What was galling was your blind obsessive ramping of OPG when this was in the 90s. You seemed to have felt obliged to be positive about the share. You were wrong, wrong, wrong. You wouldn't admit it at the time and haven't admitted it since. It's rising now because it has fallen so much. Anyone who wasn't holding before might have a good entry point now, but who knows? But anyone who took your advice despite others' protestations has lost money (Unless of course they are a trading genius like yourself1). And I'm not blaming you that I have lost money because I never took your advice. It wasn't based on any evidence.
polythene
08/3/2017
15:47
rooting for you Micky
runwaypaul
08/3/2017
15:44
At less than half its all time high, only a numpty like you would recommend a sell. It must be galling for you and other critics and non holders of OPG to see the share price on the rise, backed by a wave of buyers.
azalea
08/3/2017
11:54
Azalea,Unless you recommend opg as a sell there won't be any spring in the share price!jozo
jozo
08/3/2017
09:15
I am looking for the FY results and dividends to put a spring in the share price step.
azalea
Chat Pages: Latest  203  202  201  200  199  198  197  196  195  194  193  192  Older

Your Recent History

Delayed Upgrade Clock