Opg Power Ventures Share Discussion Threads

[azalea] 02/10/2017 13:56

The current bid for 25k is 24.85p. Which if the offer price is as shown @ 25p, its the narrowest spread I can ever recall seeing. Not counting three trades @ 24.25p all timed at 10.49hrs totalling 550k, the difference between Buys V Sells, volumes is closing. .

[dave4545] 02/10/2017 13:06

I'm fully invested so have no idea or can test how many shares is available online at 25p but suspect it's not many and our overhang is close to clearing.

[turbocharge] 02/10/2017 12:51

The last medium-term signal was also a bullish inverted hammer, generated on 15 Sep 2017


Intermediate-Term Bullish
Volume 2,834,879
Close Price 25.75
Pattern Duration 1 day
Inbound Trend Duration 5 days

[turbocharge] 02/10/2017 12:48

Last five short-term chart signals have all been bullish, the latest one:

29 Sep 2017
Relative Strength Index (RSI)
Short-Term Bullish
Volume 4,777,493
Close Price 24.25
Pattern Duration 1 day

We may be seeing higher prices as the price seems to be recovering from oversold as losses on down periods (over the last 14 bars) are no longer overwhelming gains on up periods to the same extent

[azalea] 02/10/2017 12:13

dave4545 - 681

A distressed seller at that, of 2m shares(1m last week and a further 1m today); totalling circa 0.5698% of 1%; with no detrimental affects on the share price Whist I am not a chartist, I agree, if the buying momentum continues, and the seller dies a death, we could well see a notable recovery take place.

[dave4545] 02/10/2017 11:02

Chart looking more promising for a bounce. The volume suggests a bounce all we need is to clear this seller and I think it will race up to the 30-40 range

[turbocharge] 01/10/2017 23:29

That's useful to know Lizardman

[lizardman_] 01/10/2017 18:03

Having pored over the annual report this weekend, I was quite interested to see that the Director bonuses are related to two things:

1. A shareprice of over £1, and over £1.30.
2. Some additional capacity growth (presumably ties in to the Solar)
3. A total dividend of 3p being paid up to the end of FY18 (i.e, including FY17 div.)

Now, I know directors do love a good bonus, so I would assume a 2p divi for FY18, unless they get totally shafted by the coal price increase. At a share price of 24.5p, that would be just over 8% yield.

Page 37 - Long Term Incentive Plan on the report, if you don't believe me :)

[azalea] 30/9/2017 13:08

TC - 3676

The two investment ratings should give rise to a number of their clients buying into OPG; after all, there's a potential circa 200%+ profit to be made.

[turbocharge] 30/9/2017 12:45

31 August 2017

Macquarie today reaffirms its outperform investment rating on OPG Power Ventures PLC and cut its price target to 90p (from 120p).

30 August 2017
Cantor Fitzgerald today reaffirms its buy investment rating on OPG Power Ventures PLC and cut its price target to 101p (from 124p).

[turbocharge] 29/9/2017 15:05

My instinct tells me this is not a get rich quick share to hold. But chances are you will be rewarded if you are willing to hold longer term...

[celeritas] 29/9/2017 14:53

Long time since I looked at these, good earnings but plenty of debt which looks manageable.
A 3 year fall is miserable for anyone who's held through it.

[azalea] 29/9/2017 14:38

TC
It will be interesting to see what the IC says next week.

[dave4545] 29/9/2017 13:56

All over the shop, full offer buys looking promising then sales at 24p. I'd be surprised if all the buying today and none is directors.

[turbocharge] 29/9/2017 13:13

Incidentally, the last IC recommendation on OPG Power Ventures PLC shares was Buy at 31.00 on 30 Aug 2017

[dave4545] 29/9/2017 12:57

Seller out for me 1 million at 23.25p so maybe that is why it's rising and looking
strong now full offer to buy.

[turbocharge] 29/9/2017 12:52

Last three chart signals (short-term) have been bullish:

1 Sep 20017
Bollinger Bands
Volume 4,856,364
Close Price 30.50
Pattern Duration 1 day

26 Sep 2017
Moving Average Convergence/Divergence (MACD)
Volume 113,366
Close Price 22.25
Pattern Duration 1 day

28 Sep 2017
Short-term KST
Volume 579,628
Close Price 23.50
Pattern Duration 1 day

[azalea] 29/9/2017 12:49

Morningstar data
Volume currently 1,601,382 close to x5 90 day average. Buy:Sells. approx 1.3m:300k.

[dave4545] 29/9/2017 12:27

2 x 50k buys just now, has the feel that directors have been buying, might have to wait until Monday to find out

[dave4545] 29/9/2017 12:24

Great volume. If it can climb from here it might bounce a bit. Director buying
would be nice.

[nerdofsteel] 29/9/2017 09:55

I have taken a new small position in OPG again today, whilst maintaining my focus on HCM which continues to provide stunning returns

[this_is_me] 29/9/2017 08:32

Having sold out at a much higher level (at a loss) I have bought a couple of lots this morning.

[andycapp1] 29/9/2017 08:26

A nothing RNS. This helps me not a jot! Only thing I subliminally do read is their solar ambitions are being reigned back I think. Quite right too it's too competitive and they are ponderous.

[dave4545] 29/9/2017 07:57

This_is_me

Thanks for that, still scary though