Opg Power Ventures Share Discussion Threads

[andycapp1] 07/9/2017 15:01

For what it is worth I've now doubled down! Hope Gupta is on this. Anyhow I'm seeing him in September so I can ask him!!

[dave4545] 07/9/2017 14:36

It would be nice if we could have a update on who the seller is. But despite the size of the company the price of the shares can really shift at times when the mm's are low on stock so when this overhang clears I expect the price to swiftly move back above 30p.

Nex exchange it's none stop buying albeit now and again on a daily basis.

07/09/2017 14:08 336 26.3
07/09/2017 13:00 2,089 26.32
07/09/2017 12:30 5,000 26.32
07/09/2017 12:22 7,551 26.32
07/09/2017 10:57 2,849 26.32
07/09/2017 10:53 5,000 26.32
07/09/2017 10:52 300 26.32
07/09/2017 10:49 15,000 26.32
07/09/2017 10:27 15,000 26.32
07/09/2017 10:01 18,957 26.375

[azalea] 07/9/2017 12:19

TC
As far as I know this longstanding problem does not affect OPG, as it imports all it coal requirements from Indonesia.

[turbocharge] 07/9/2017 11:29

Not sure if relates to OPG

[andycapp1] 07/9/2017 09:31

Macquarie note out today pointing to softer coal prices therefore one hopes OPG hasn't hedged otherwise the earnings won't benefit but depends on headrooms on loans etc.

[azalea] 07/9/2017 06:38

TC
My apologies
I addded one to many ss. the email: [e-mail]

[turbocharge] 06/9/2017 16:47

gmail says 'Your message wasn't delivered to [e-mail] because the address couldn't be found. Check for typos or unnecessary spaces and try again'

[turbocharge] 06/9/2017 15:55

Thanks, was thinking of inviting him for tea (only joking)

[andycapp1] 06/9/2017 15:26

"Do expect him to". Hmm I wouldn't!

[azalea] 06/9/2017 15:24

TC
Email the FD - [e-mail]

A very obliging chap. However do not expect him to answer price sensitive questions.

[turbocharge] 06/9/2017 14:52

The contact number for Arvind Gupta / V Narayan Swami / Ajay Paliwal of [phone] appears to be just an answering machine. Anybody have an email address for Investor Relations?

[andycapp1] 06/9/2017 14:47

Yes I agree which is why I worry. This management team and board is strategically poor.

[azalea] 06/9/2017 14:42

5000 dummy sell, 26p

[jozo] 06/9/2017 14:17

As long as they manage to steer their way through their debt mine field these next 2 years.Have seen it before with other companies and it it can soon spiral rapidly in a very negative direction.

[turbocharge] 06/9/2017 12:33

From my limited knowledge gained over the last few days, I'm guessing (or should that be hoping) that coal and management issues will be sorted out eventually - it might take a little while. Otherwise, looks like a decent company with potential in the long term...

[andyj] 06/9/2017 12:17

Well despite the negativity on here, I am in, bought at 25.88. Happy to sit and wait, happy to buy more.

[andycapp1] 06/9/2017 12:07

Azalea you are misleading people. You have been spouting this utter tosh ever since I've been on here. The bid won't move because of results or a dividend. It may move up as they give greater clarity on strategy (hedging etc), covenant headroom and if they change management or the NEDs. Please stop misleading people with your bilge.

[azalea] 06/9/2017 11:49

Morningstar 11.19hrs Buy/sells 243k/74p.

As we get close to the FY results, I expect the bid to move up. Confirmation of a div should give rise to a further lift.

[andyj] 06/9/2017 10:06

Seems to be firming up today. The 25.75 bid is being quickly replaced.

[azalea] 05/9/2017 15:31

Morningstar
At 1512hrs. buys 571k, sells 185k, 24k

Edit: At the close buys 849k v sells 185k

[turbocharge] 05/9/2017 15:23

Let's hope I've made a good decision

15:21:43 26.00 7,777 O (25.75 / 26.00) Buy

[azalea] 05/9/2017 15:05

If you believe the current share register is out of date due to the failure of those responsible to report notifiable changes in holdings, then you should report the details to the FD by email - [e-mail]. I met him at an OPG presentation in 2014. Pleasant chap.

[turbocharge] 05/9/2017 14:47

Thinking of taking a punt with 7,777 shares....

[turbocharge] 05/9/2017 13:43

Major shareholders (shareholdings of 3% or more) as of 30th December 2016:

Directors & Related 50.9%
M & G Investment Management Ltd 11.3%
Audley Capital Management Ltd 5.6%
British Steel pension Scheme 3.6%
Hargreave Hale Ltd 3.4%

[smithless] 05/9/2017 13:29

Sanlam is completely out - stated so in its investment bulletin: L&G below 3%. Anyway the share register on its website is so out of date and as it never updates the market re who has sold and bought (TR-1's), it's just pointless speculating. For all we know M&G could be out, but we will never know cos OPG never tells its PR company to issue an RNS. Perhaps another e-mail to Ajay!