Opg Power Ventures Share Discussion Threads

[andycapp1] 26/11/2018 17:12

Think so. Means they can say something at the conference tomorrow. But yes think so

[ppvn] 26/11/2018 17:07

Hi Andy,

Thanks for that, are you sure? Would be about two weeks early from their recent years?

I'm optimistic and ready for them but thought it would have been the second week of Dec?

[andycapp1] 26/11/2018 15:36

Interim results out tomorrow too. No RNS typically but they are!!

[john09] 26/11/2018 13:08

Let the trend be your friend

[ppvn] 26/11/2018 12:08

Ha, fair enough!

Personally hope you're wrong, but we shall see!

Enjoy the conf and if you do have any thoughts would obviously be grateful for any comments. Cheers and good luck!

[ppvn] 26/11/2018 11:48

Yeah the 3yr is a disaster.

Can't help feeling though a little sympathy for them? Had Gujarat resolved the group captive status (as was in fact confirmed but never paid) it could have turned out pretty differently. When do you draw the line? Tough decision to divest but now it's done, that's that and hopefully they can move on.

Hopefully the next 3yr graph can be in the opposite direction to the last three!

[john09] 26/11/2018 11:40

Yeah if I end up in the room it will only be for comedy value. Have a look at the 3 year chart, down, down , down , down lol. Incredible

[ppvn] 26/11/2018 11:38

Aha thanks. Well if you do end up in the same room and anything noteworthy comes up it would be great to hear any tidbits.

Hopefully they can provide some outline of the future, to swiftly be followed up by some more pleasing numbers in the next financials?

[john09] 26/11/2018 11:08

I’m going to it . For the altitude presentation. I think OPG have a bloody nerve presenting to investors quite frankly

[ppvn] 26/11/2018 11:02

I'm not tempted to go to that presentation event tomorrow (at work...) but it'll be interesting to see if anything comes of it. CEO and CFO presenting at 10.40am.

Wonder if a new presentation will go up on their website. I'll keep an eye out.

[turbocharge] 21/11/2018 21:08

Event Type Stock Distribution
Description Stock Dividend

Ex-entitlement date: 8th November 2018
Pay date: 3rd December 2018

OPG Power Ventures plc has announced a Stock Dividend, whereby holders will be issued with 0.088691796 additional shares for each existing share held. This is the equivalent of a cash dividend of GBP0.11275.

The ex-entitlement date is 8th November 2018 and accounts are expected to be updated around 3rd December 2018.

[advfn_sales] 21/11/2018 16:25

Here is your chance to meet with OPG:

Using this unique discount code, ADVFN25, you will be able to get £25 off at Mello London 2018, a 2 day investor conference from the 26th – 27th November 2018 at the Clayton Hotel, Chiswick, London.



Tickets are normally priced at £99 for two days and £79 for one.

Type in ADVFN25 as the discount code.

Many Thanks and take advantage of this premium offer.

See you there.

[andycapp1] 21/11/2018 15:30

Yes coal is down and the future is at $30 v $36 beginning of Nov. Might be on prospective PER of just over 1!

[turbocharge] 21/11/2018 15:04

Little shaky at the legs, not quite pressed the button yet

[ppvn] 21/11/2018 14:09

I bought a few more; rather irritatingly I was undecided until after the div went ex. Was in two minds since they haven't shown any tangible proof just yet but decided to because a) coal has continued to decline and Indonesian futs are now $30.05, and b) I saw an article saying that INR was expected to rally 10% vs. USD by 2020. Thought that could bode well for opg, but nothing proven yet.

Risky strategy but since the plant / sales contracts / increase in electric unit price is going up for them was prepared to. Good luck with your decision!

[turbocharge] 21/11/2018 11:52

Some large buys today, a total of 1.5 million to be precise.

Thinking about joining in the buying spree myself.....

[davidosh] 18/11/2018 23:22

Here is the full two day programme schedule for MelloLondon including OPG



It is jam packed full of about 75 company presentations, lots of top quality speakers and panel sessions plus workshops to help with investment style and techniques etc.

The pre event fun starts on the Sunday evening with a dinner and investor quiz hosted by John Lee but the main conference begins on Monday 26th November at 9am through to Tuesday 27th in the evening so do come and join us as there are still 97 tickets left...



See you there.

[andycapp1] 15/11/2018 22:16

Think that is right. If he just harvests cash from chennai and doesn’t indulge in idiotic acquisitions then the share could treble or more.

[oldboffy1] 15/11/2018 19:57

Given all the comments about the ineptitude of Arvind Gupta (and I agree, with hindsight, that much of the OPG expansion was ill advised) could this be the big contrarian investment of the next 12 months? It could be quite rewarding.

[ppvn] 15/11/2018 16:41

Well that was the easy part!

Let's hope that the cash flow prediction for H1 2019 proves as accurate next month. It it's anything like what I believe it could be, would leave us on an annualised p/e of just over 1.

Honestly very excited for the future here now. Revenues already flooding in and all they need to do is plug the leaks. We'll see what they can manage soon enough!

[turbocharge] 15/11/2018 16:15

You are on the ball PPVN:

"OPG announces that the scrip dividend reference price for the ordinary shares to be issued to shareholders will be 11.275 pence per share.

The dividend payment date and the date of admission and dealing of the new ordinary shares to be issued pursuant to the scrip dividend is expected to be 3 December 2018."

[ppvn] 14/11/2018 17:00

With all the excitement I nearly forgot to check the scrip reference price.

It's going to be 11.275p (or should be!) so if anyone wants to calculate their div receivable it'll be:

Number of shares held * 0.01

Divide that number by 0.11275

That's how many shares you should get in Dec.

[ppvn] 14/11/2018 16:16

Hi Andy,

Chennai made £40m in pre tax in 2018 - they just peed it all up the wall was the problem!

[andycapp1] 14/11/2018 16:15

Happy to. I’ve already written to board and they pay lip service. He just carries on in his own useless way. But happy to write.