Opg Power Ventures Share Discussion Threads

[sh0wmethemoney] 07/3/2017 20:22

Just got back into these today, was in about 2 years ago, hopefully the only way is up!

[runwaypaul] 07/3/2017 13:49

just keep banging away at it Mick

you'll get that big winner one day.atb

[tradermick1] 07/3/2017 13:46

Blatant shake yes there is selling but the mm's have sat at 53p offer and sold plenty and now they get their reward as others sell back as low as 50.22p, too easy for the mm's lets see how far it drops before buyers return for this dip

[rivaldo] 07/3/2017 09:12

Online you can only buy a maximum 10,000 shares at 52.9p. Encouraging.

[azalea] 07/3/2017 08:37

Pound has fallen 20% against IR since last July.

[qs99] 07/3/2017 08:25

good open...

[tradermick1] 06/3/2017 22:41

90%+ buying all afternoon, even with the price upto 50.5p bid+ online people only wanted to buy not sell so I can see a similar tomorrow before any profit taking.

[azalea] 06/3/2017 13:09

India burns a fraction of coal compared to China and will have no alternative to producing more coal in order to meet its demand for electricity. Trump has promised to produce more coal, Germany is burning more coal same since it shut down its nuclear plants, electricity prices are soaring. and Japan is burning more coal than gas to generate electricity. Against this background, India can hardly be seen as a problem country regarding dirty energy. Modi has tasked hs Coal minister to produce 1bn tons by 2019.

[tradermick1] 06/3/2017 13:06

Very well bid now 50.39p on 50-51p spread

[qs99] 06/3/2017 12:16

hope so have bought the dip

[tradermick1] 06/3/2017 12:12

Overhang cleared combined with price heavily oversold means a good bounce to come
and even current 50-51p is still too low. Should recover to 55-60p this week if not more.

[qs99] 06/3/2017 12:09

IMO looks like seller finally cleared...

[ballychan] 06/3/2017 12:05

Markets are cyclical - at the time they only had 250MW, and had huge amount of risk ahead of them, but Modi was addressing the power issues, and OPG was in the right place, hence market valued them ~90p.Now sentiment is lower, 'dirty' energy coupled with external factors and although risk is at it's lowest level, Market is currently still not content. I'm just waiting for the next cycle.

[azalea] 06/3/2017 11:47

The share price is a nonsense - more than half of its all time high when capacity was less than than half its current level.

[rivaldo] 06/3/2017 11:28

The trading update seemed fine to me, as per ballychan's post above.

Latest forecasts are for 6.3p EPS for the year about to end, with 8p EPS for the year starting 1/4/17 - a P/E of 6.3 at 50.5p:

2017 2018
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Cantor Fitzgerald 28-02-17 BUY 27.80 6.30 0.95 35.50 8.00 1.20

[tradermick1] 06/3/2017 10:51

overhang gone....Cannot buy even 1000 shares online

[tradermick1] 06/3/2017 09:58

Cheap ones gone now 48.375p to buy so buys will show as buys now sales

[tradermick1] 06/3/2017 09:54

47.98p slightly under mid are buys.

[ballychan] 06/3/2017 09:41

I spoke to Palliwal. I asked if share buybacks were on the agenda, reading between the lines - it was/is being explored but the consensus of their IIs was not to do it. A quick google search shows lots of thoughts behind buybacks, some love them, some loathe them. He said he was happy to discuss it at the Investor Forum on Thursday.He said he spoke to some IIs on the results day, and they were happy with the robustness of the operations – again reading between the lines, only taking a £6m hit on revenues with record coal prices and bad weather does demonstrate resilience – I think the IIs were expecting worse.I'm trying to make plans to attend on the 9th. 

[tradermick1] 03/3/2017 14:05

50k pays 48.5p when 48p offer so I do think it's going to bounce, can still buy around 48p for now

[tradermick1] 03/3/2017 12:41

Think it will turn anytime. It's drifting but there is not much selling now, seems to be gradually getting exhausted with constant nibbles it should turn soon

[source] 03/3/2017 11:28

Seems to be targeting down to the 40p area...Tragic value destruction here by a clueless management team. Can't think what the publicist Paliwal can say to change the increasing enchantment here. Regards,Source.

[andycapp1] 03/3/2017 10:50

Flowerhead rubbish. He is no more likely to get a rerating there than here. In any case delisting from AIM and relisting in Mumbai is fraught with difficulty. Shareholders on AIM will not accept Mumbai as an exchange and a dual listing will achieve nothing. The best thing that they can do is buy back their own damn equity which they steadfastly refuse to do. Why? They have free cash why not enhance intrinsic value for the remaining shareholders and instil some confidence by investing in their own shares. Buffet extolled it recently; its not a new idea and it will palpably increase value. If their shares are trading below book value (never mind intrinsic value) why are they not doing it instead of pursuing their half baked solar strategy - without an equity partner to boot. Poor management again.

[azalea] 03/3/2017 09:39

TOG
Gupta would only need need to delist on Aim and relist in India. He would not need to go private. That said, Given there was talk of listing on the LSE Main market, I do not think listing in India would appeal to him. The share price in now less than half its all time high despite the capacity of 750MW being at an all time high. FY results and dividend should notably improve the economic picture.

[whentobuy] 02/3/2017 18:16

Like other power providers in India these company is moving away from concentrated regional public sector customers who are playing the price card and credit days against OPG. This as meant presenting a changing product and customer profile. Coal prices may move against them but there can't be much more to price down on the variables. Personally I got out at 63p and now back in at 49p with a stop loss and accumulate if it goes north