Opg Power Ventures Share Discussion Threads

[andycapp1] 06/10/2017 14:44

Not sure there is any debate going on between Flowerhead and I!! He has filtered me so I'm persona non grata in the world of the Flower. Still I agree with the stale bulls point. There are some large institutional sellers - over 10% of the Company so 20% of the shares in issue - who are looking for a chance to get out and this thing will really only take off when they have mostly exited and new holders, who get the risks and understand the story, replace them. That will take quite a long time. The bounce this week is a bit of a relief bounce that things are not quite so bad and that, all things being equal, this will still be earnings positive next year, covenants are okay and they haven't had to panic hedge. So where it is now, based on 3p of eps for 2018,smells about right. They still need to work on corporate governance, Gupta's pay is far too high, they need to sort out the NEDs and the way they sell this story is not right. But a little better this week than I expected I think. Que tengas un buen fin de semana

[dave4545] 06/10/2017 14:43

azalea

That cement stock is one I know zero about so will not be following it.

[azalea] 06/10/2017 14:32

twistednik

There is little debate between AC and myself, because I have filtered him.

[twistednik] 06/10/2017 14:21

There are a lot of stale bulls in this one so anytime there's a mini rise, there'll be lots of people selling out as they are relieved just to get back to break even. Heck, I was one of them previously !

It will need significant institutional buying or very large PI volume to see a sustained rise. With next year's negative forecast, there's no real immediate catalyst for a re-rating or change in outlook IMHO.

One to revisit in 9-12 months time I reckon. Could still come good if coal prices weaken and there could be an opportunity to get in ahead of results following a period of low coal prices (i.e. will come through in earnings and a positive outlook which could then lead to a re-rating).

As such, still monitoring from the side lines ;) !

Good to see the same Az / Andy debate rages on in the meantime :)

[dave4545] 06/10/2017 13:52

Bit of a shake to see how many weak players will part. 28.2p last sellers, if the offer was anywhere near that there would be buyers all this.

[turbocharge] 06/10/2017 12:19

Since 25th September there have been 11 chart signals, 10 of them bullish, and only one bearish. Here's the latest:

Triple Moving Average Crossover (4-day 9-day 18-day)
5 Sep 2017

Short-Term Bullish
Volume 440,377
Close Price 29.50
Pattern Duration 1 day

[turbocharge] 06/10/2017 11:57

Interesting to hear your experience jozo

[jozo] 06/10/2017 10:46

Dave,There are always orders (buys and sells) that will be being worked by the mmsWhat we see on our trading screens as retail investors for many aim stocks is rarely what is really going on.When I tried to sell my large holding in opg 18 months ago I realised this as my order took a week to be worked by mms - it also took a bit of negotiating between my broker and mms and myself. There were other sellers at the time which didn't help - but was a very interesting eye opener for myself.Furthermore my order never showed up on the standard trading screens - mms can report trades up to 3 days late and often use this to mask all manners of trading behind the scene.Jozo

[dave4545] 06/10/2017 10:27

mad, everytime there is no stock available and the price is poised to move people
start selling. It's like the mm's have a magic wand to help them out !

[azalea] 06/10/2017 10:20

Dave
When you have nothing better to do, take a look at the STCM thread. No advice intended. I do not hold, but that might change when I free up some cash.

[dave4545] 06/10/2017 08:52

Shake, fill or kill to buy anything now online

[dave4545] 06/10/2017 08:13

Full offer to buy 30p always a good sign with this one that it will move up today.

[andycapp1] 06/10/2017 08:11

I think so. It'd be good to actually see some of the flaky holders - Giles you know where you are - selling and being replaced by longer term investors.

[dave4545] 06/10/2017 08:00

Lets break 30p today, it came close yesterday before some profit takers showed up.
Very well bid now at these levels only a matter of time for me.

[andycapp1] 06/10/2017 07:44

Oh you mean the Carnoustie comment. It's my favourite course and a brute so I thought I'd take Flowerhead there. Not going to waste Valderrama on him!!

[andycapp1] 06/10/2017 07:43

I am....which is here in Spain!! Or it was when I got home last night!!

[turbocharge] 06/10/2017 02:10

I thought you were at Valderrama...?

[andycapp1] 06/10/2017 00:02

Good day!! Thought I'd pop in after drinkies and see if Flowerhead was still uttering inanities. And I'm not disappointed. Still coal continues to fall according to my chap in Hong Kong so hopefully Mr Arvind has now persuaded everyone he's a coal proxy and the shares will go higher. If they get to 70p I'm going to buy Flowerhead a new set of AP2's and take him round Carnoustie to see what he can do. Anyhow, let's see if OPG can add a few more p next week. Happy days from sunny Spain.

[azalea] 05/10/2017 11:35

Buyers returning for an additional bite of the apple. Online bid/offer for 10k, is 29.15p/30.5p.

[andycapp1] 05/10/2017 10:20

Sorry reread and didnt mean to say "hope my golf improves" I meant hope OPG improves!! Too much coffee!!

[andycapp1] 05/10/2017 10:14

Point taken! I'm just annoyed with Flowerhead's garbage. But indeed life is too.. Especially when you are as bad at golf as me!! But I hope this improves. You were brave to buy in when you did. And it's not a con. It's real, it's got great potential and hopefully you will make 300%. Bon chance.

[dave4545] 05/10/2017 10:05

There's a chap on the MPL thread who has been saying the company is a con. Now he might be right it really is 50/50 but he cannot stop posting about it every day almost.

But in that time the lowest price has been 3p and now it's 9p so anybody else could
have made 200% profit if they ignored him. The point is you do not have to say the same thing over and over again life is too short.