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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 | 160,922 | 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 |
Date | Subject | Author | Discuss |
---|---|---|---|
05/10/2017 08:41 | Oh Flowerhead you really are as thick as a brick!! I have already said past eps is irrelevant it is discounted flow of FUTURE cash that is the NPV of a security so what the hell has last year's 8p odd (flattered by tax) got to do with it, especially when next year's eps is we don't know what but probably 2-3p or something like that. Yes 2019 hopefully will recover but that is indeterminable right now. I've said that OPG should be able to do 8-10p which on 8x is around 80p. But until they sort out their governance investors will ascribe a larger discount. Instead of uttering your normal bilge why don't you make some attempt, however feeble, to argue the £1.3m pay, the Exec chairman and the 0.98p div when everyone expected 1p!! Why didn't they round it up like any normal company - weak NEDs. | andycapp1 | |
05/10/2017 08:31 | Azalea - the guru of investing wisdom!!!So pleased you did such a wonderful trading in November 2016 - must have been so exciting!!Dare I ask what's your current paper loss?Jozo | jozo | |
05/10/2017 08:10 | Dave 4545 You have hit the nail right on the head, which, yourself, myself and many others have worked out a good while ago. No one, but no one, especially those claiming to hold 3.5m shares(news to me -I will have to stop filtering him), in a company, will launch a continuous,endless, relentless and boring detrimental tirade against it. If he thinks the company's record of continuously rising Eps is so bad, and being as supposedly smart as he thinks he is, then he should have sold out when he was in profit, there being plenty of opportunities before the share price hit 110p. Unless of course this ace on investments, bought at the top. | azalea | |
05/10/2017 07:18 | Dave you do miss the point. I'm not deramping, as you call it, I'm just saying the discount is due to several factor exogenous and internal. They can deal with the internal stuff which would make things much better. That they don't is s shame. But yes up a p so that's good. Albeit I'm still losing money but not much now! Off to play golf in 85 degrees so no more drivel from me. Ta ta | andycapp1 | |
05/10/2017 07:10 | Somebody who claims to hold 1% yet moans and deramps the stock all the time. Work that one out, anyway it's off to a positive start again this morning. | dave4545 | |
05/10/2017 06:58 | Thought you'd filtered me Flowerpothead! Hmm I wonder if you are closer to OPG than you make out? If you are then they really need to understand that trying to ramp the shares using a conduit no more informative than my toothbrush, is, typically for OPG, probably not going to work! Look I do not see what your counter argument is? Do you not agree that appointing an Exec chairman runs contrary to good governance? Do you not think that paying an Exec chairman of a £100m cap company £1.3m is excessive? Do you not think the NEDs are patently impotant? Do you not think, as you say yourself, an intrinsic equity value probably north of 80p is not best served by a share price some 65% lower ie the CEO is failing to deliver the story, the confidence to invest, persistently! Or do you think that is all acceptable? | andycapp1 | |
05/10/2017 06:16 | ac1 A true socialist, who cannot stand a success story, however small. I'm sure there are many on this thread who are waiting with baited breath for your version of the outcome of your meeting with Mr Gupta. | azalea | |
04/10/2017 16:35 | Well done flowerpothead, more inanity!! You really shouldn't be buying shares you know!! | andycapp1 | |
04/10/2017 14:06 | On the other hand, had you bought 10k on the 3/11/2016 for £6361(inc) and sold same on the 15/11/2016 for £6850(net), as I did, you would have made a handsome profit in just a few weeks. No one gets it right all of the time. | azalea | |
04/10/2017 14:05 | If you're starting off from such a low SP, then perhaps patience is a virtue if you have faith in the company... | turbocharge | |
04/10/2017 12:44 | I wish I had been more impatient (rather than stubborn) ! Meant I would have got out at 60p ish and saved a lot of money! I've learnt an expensive lesson though ;) | twistednik | |
04/10/2017 12:38 | I accept Eps is expected to fall this year, largely due to circumstances beyond the BoD control. However, I do not remember a previous year in OPG reporting history, when the number fell below the previous year. With a recovery expected in 2019, a fall from its height of circa 110p to circa 30p, hardly seems justified. Patience is required. | azalea | |
04/10/2017 11:01 | ps can anyone please comment on MMs stock availability on L2? Thanks ! | twistednik | |
04/10/2017 10:56 | Last broker forecasts I saw were for an EPS of 3.5p for FY18... on that basis a PE of 8.5x (against the current share price) probably sounds fair value. The upside comes in FY19 when you hope that coal prices stabilise and EPS rebounds to 7p+ which equates to a share price north of 60p. Trouble is the business is operationally geared with £33.5m interest costs each year so you can see when operating profit is expected to reduce by a third next year, Adjusted PBT is expected to fall by 70%+. This works both way though when coal prices recover! Basically this feels like a leveraged punt on coal prices ! (and I don't have a clue what these will be longer term). That said, looking at the strong volume and chart uptick, tempted to pick up a few as a short term trading play as feel they could bounce back to 40p if the large sellers have exited their positions. | twistednik | |
04/10/2017 10:41 | Az - that is for last year. They haven't stated what this year will be but they said it will be lower. They are fast forwarding to 2019 stating that will be the year of recovery.Interesting to hear on the call that they are looking to purchase Indian coal in the latter past of the year. | ballychan | |
04/10/2017 10:39 | Not compared to estimates a year ago!However share price always reflects future expectations not what has happened and downgraded forward estimates are far more relevant to where the share price is now and it's future direction - head line figures for last year are largely irrelevant - when you consider downgrades increased costs and lower tariffs.Not rocket science. Again falls in share price over last 12 months reflect this! | jozo | |
04/10/2017 10:36 | Of course it means nothing. The value of an equity (any security) is the discounted steam of earnings that flow from that security. The eps announced is gone. The market is looking, as it always does, to the future and simple fact is that OPG earned 8p odd this year albeit with a large tax credit which flattered things, and next year it will earn, erm, 3p, 1p, 5p who knows and as a result, if you like DDM's, the dividend will be, erm, nothing, 0.15p, 0.5p...who knows. My view is with a following wind, with tariff catch up and with decent coal prices, this thing can sustainably make 8-10p and so putting it on, say 8x earnings - probably okay for a heavily indebted coal plant with volatile earnings (and it's India and the corporate governance issues) means the right equity price is 80p and a bit more perhaps. So that is what I think and is why I own a million odd shares. But as they say do your own research! | andycapp1 | |
04/10/2017 10:08 | So the statement in the key figures that read:; Eps of 8.43 per share on attributable basis up by 59%, compared to 2016; means nothing? | azalea | |
04/10/2017 09:25 | Continuing analysts earnings downgrades over last 12 months clearly agree with you azelea!Utter tosh!! As usual :-) | jozo | |
04/10/2017 09:14 | Given the combination of ever stricter car emission regulations across the world, the falsifying of data attracting fines of billions of dollars in the USA and the global problem of carcinogenic emissions produced by cars; electric cars are already being seen as the future. Before long, major manufacturers with car plants in India, will, as they are already doing elsewhere, be seeking to literally change the climate in major cites and towns, by halting the production of diesel run cars in favour of producing electric ones. With tens of millions of cars being operated in India, the elephantine question in the room, will obviously be; where will all the electricity come from to run these electric cars? From OPG perspective, its a nice problem to worry about. With capacity, output, revenues, and profits increasing, coal prices forecast to fall and the company soon putting its fully paid new 64k ton freighter to use in carrying coal from Indonesia; OPG current sp, must be seen to have a long way to GO before achieving its true value. | azalea | |
04/10/2017 08:11 | And I say again flower head, Gupta isn't going to bid. He can't afford it! Look if he starts doing things right, corporate governance etc, then this thing is worth north of 80p. At the moment it's recovering a bit after plumbing the depths. Eps next year might be 1p, 3p who knows depends on coal and tariffs recovery etc. Looks like covenants are ok and investors, not quality ones mind, are buying the coal recovery story. But if OPG wants to be taken seriously and be bought by quality, long term holders it needs to sort out its NEDs and its governance. | andycapp1 | |
04/10/2017 08:04 | Azalea you are once again displaying your fundamental ignorance of investing. His role is to invest the company's capital so as to secure the best risk adjusted return for the shareholders. If the equity offers a 20% unlevered IRR and solar 10% why invest in solar? That is bonkers, just ask any investor, Buffet, the late great Ben Graham, Peter Lynch etc. I'm not advocating using debt but free cash flow anyway, the solar equity. You really are an utter dolt. | andycapp1 | |
04/10/2017 07:57 | 300m debt yes big | albanyvillas | |
04/10/2017 07:52 | According to the arch pessimist/critic on this thread, the fall in the share price has been due to the debt the company is carrying. IF that is true, then the last thing Mr Gupta should do is buy back shares. Even IF it is not true, buying back shares is not the answer. India, is and will be for a few decades to come, unable to meet its insatiable demand for electricity, with thousands of villages still living in a dark world after the sun sets. These villages have the potential to launch new industries and create thousands of jobs. Thus whatever money he has spare, should not be on used for'buy backs' and instead invest it in more solar energy projects, which can be easily constructed and provide a quick return on monies invested. With OPG being one of the most efficient generators of electricity, IF, Mr Gupta, were to make a bid, he would find some very big players looking over his shoulder. | azalea |
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