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OPG Opg Power Ventures Plc

10.10
-0.10 (-0.98%)
28 Mar 2024 - Closed
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
  -0.10 -0.98% 10.10 10.00 10.50 10.50 10.00 10.50 357,197 16:35:29
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 5701 to 5724 of 8975 messages
Chat Pages: Latest  239  238  237  236  235  234  233  232  231  230  229  228  Older
DateSubjectAuthorDiscuss
15/3/2018
16:18
So, persuaded by azalea, andy?

;-)

jeffian
15/3/2018
15:43
Correction another 250k. Some more appeared!!
andycapp1
15/3/2018
15:29
I have just bought another 100k shares. They are actually looking quite interesting now with perhaps a few catalysts.
andycapp1
14/3/2018
07:20
Well that’s a weight off Flowerpothead!
andycapp1
13/3/2018
12:36
It does indeed
nasnas1
13/3/2018
12:21
In dialogue with customers on tariffs vis a vis current coal prices.
Outlook for FY 2019 remains positive.

Q3 results reflect an overall improving situation.

azalea
13/3/2018
10:15
I’m realistic!
andycapp1
13/3/2018
09:25
Good update signs of growth and recovery is what the market was looking for.
momentum1
13/3/2018
09:17
andy

If OPG received a bid of £1 a share tomorrow you would moan !

dave4545
13/3/2018
09:15
Oh yes, forgotten those! Ok Indian villages, GDP growth, no well lived Indian politician dying the next quarter AND Pinky and Perky the merry coal freighters.
andycapp1
13/3/2018
09:09
Andycapp,Lol - I thought it was the cargo ships that were going to save the day!
jozo
13/3/2018
09:03
Hey Flowerhead, have you got any thoughts on the results; and if you say Indian GDP is growing and villages need electricity I'll filter you, I will!
andycapp1
13/3/2018
08:52
I don't think they will go up that much. There is just not a lot there apart from the capital structure is intact and they have hedged a bit - be interesting to know why? It doesn't really spell out the impact on EBITDA and EPS and Gujarat is a mess. So a little relief maybe but for me nothing to get the juices flowing yet.
andycapp1
13/3/2018
08:15
Hmm then the financing fails and we lose our equity! Probably not ideal. Anyhow, grudging move up today. At least preserves equity optionality for better pricing but hardly an inspiring statement!!
andycapp1
13/3/2018
08:12
Surely the price gets over 20p on that update. It's priced in to fail and that update is suggesting anything but that
dave4545
13/3/2018
08:08
if they don't pay up in Gujarat, switch the supply off. that will teach them.
igoe104
13/3/2018
08:06
Better than I had been fearing.Agree with you andycapp that Gujarat is a mess.How can the Gujarat economy possibly function? - nobody seems to want to pay for anything. Only winners appear to be the courts!!I am relieved that group captive status confirmed for 2018 though the the statement 'if and when' DISCOMS pay up is quite concerning!Hopefully a relief rally form here, especially with coal continuing its daily falls. Hope opg haven't hedged 'too high' to negate positive impact of these fallsJozo
jozo
13/3/2018
07:25
Well the structure is intact and that’s good. Gujarat a mess but continues to make interest payments. Interesting they’ve hedged some coal at quite high prices. That is quite sensible probably. So...I don’t know!! I guess shares up as structure intact but no idea what it means for EBITDA or earnings. That’s one for the analyst!
andycapp1
13/3/2018
07:16
Good Trading update.


Trading update for Q3, FY18
Record Generation Volumes and Solar Commissioning

Highlights

· 1.3 billion units in Q3 FY18, up 23% on prior year - highest ever quarterly generation
· Nine months FY18 production 3.7 billion units, up 9% on the corresponding period
· Q3 FY18 Plant Load Factor ("PLF") at Chennai was 80% and at Gujarat was 84% - highest ever combined average
· 22 MW solar commissioned; 40 MW in pre-commissioning
· Strong cash collections from TANGEDCO - 86% of old receivables cleared, and
· Gujarat - No Cross Subsidy withheld from our tariff by the DISCOMs in February 2018 for the first time


Arvind Gupta, Executive Chairman, commented:

"We continue to pursue our strategy of asset maximisation and delivering responsible growth. In the last quarter we have established a new record for our operational performance, with load factors well above industry averages and we have augmented our renewable projects which are steadily being commissioned as planned. I am pleased that following the reconfirmation of our group captive status in December 2017, the DISCOMs in Gujarat have finally made no cross-subsidy deductions from our tariffs in February 2018. We have persevered and managed our balance sheet with care given the continued delays by the Gujarat state in acting on its confirmation of our group captive status and releasing the amounts due to us. We believe our continued focus on operations and responsible growth to be the best strategy for the Company and from FY19 and beyond we expect to benefit from better spreads."

igoe104
13/3/2018
07:09
good up date
solarno lopez
12/3/2018
09:56
Because he might not have been cogniscent of the need to issue equity at that point. But a placing is utter speculation. I very much hope not otherwise the shares will tank.
andycapp1
12/3/2018
09:42
If a dilution was likely why would Gupta have taken scrip at 26p instead of cash in the dividend?
the original goldbug
12/3/2018
08:38
Let's hope the falling coal prices have arrived in time to avoid this sort of carnage!!!
jozo
12/3/2018
08:29
Oh yes I agree would be horrible. I’m not sure Gupta could survive it and I’m not sure the family has got the money actually. But yes we’d end up at 5p or something, if they could get it away.
andycapp1
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