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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
  0.00 0.0% 12.25 12.00 12.50 12.25 12.25 12.25 128,828 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 140.6 16.9 3.8 3.2 48

Opg Power Ventures Share Discussion Threads

Showing 7326 to 7349 of 7350 messages
Chat Pages: 294  293  292  291  290  289  288  287  286  285  284  283  Older
DateSubjectAuthorDiscuss
24/7/2021
10:36
It’s not when you take into account who runs it!
andycapp1
15/7/2021
13:27
Jeez that current chart is evil and I always think of OPG as terrific value
dave4545
15/7/2021
09:01
Agree utter value trap.
andycapp1
15/7/2021
09:00
Coal burning company and one that is run completely at whim of CEO who’s family are majority equity. Therefore us (minority) have few real rights and impotent NEDs happy to take Gupta’s coin to behave and shut up. Who kn Earth would want equity in that…at any price that unless you think the buffoon will take it private. Which he might if anyone would trust him with the loans?!
andycapp1
14/7/2021
16:42
Terribly run company this...Forever jam tomorrow too. Needs to delist as its a value trap many should avoid.
source
14/7/2021
16:36
Agreed Chalky, we're talking about a company making good money and reducing debt. Sure we have some headwinds, cost of coal, plus effect of covid but overall OPG are and have been heading in the right direction for some time now. Plenty of companies out there making big losses year on year and with increasing debt levels, yet valuations are far higher than OPG. My only explanation for the lack of interest from the market is because we're talking about a coal burning company.
timbob2000
14/7/2021
15:30
At this level I would have thought management would consider a buyout the valuation is a pittance I've seen companies4 times this valuation with hardly any turnover and permanently in losses. What do I know?
chalky
06/7/2021
09:21
How low is a low PER? Look the only attraction with this is return of huge wads of cash and fir this, as with all things OPG, you are utterly reliant on the largesse of the Gupta man. If he wants to sprinkle rupees then he’ll do it. Coal is a pariah and no institution wants it no matter how much cash, how low the EBITDA/PER ratios. It’s all about cash to motivate a buyer and in that regard Gupta will do a deal to take it private to keep it all for himself (I suspect). So wouldn’t touch now with bargepole. I’ve learnt my lesson with him.
andycapp1
25/6/2021
14:21
The price is now below 14 - I really can't understand why such it did not at least tick up on a good update. Utilisation seems stable, debt is being repaid, the company is profitable and it has a really low PE. I've been holding for a while hoping the share price would reflect these fundamentals. Obviously the price of coal is a big factor but the company has endured these prices before.
caligua
24/6/2021
00:26
@beangrinder... Thanks for your reply ...
altras
23/6/2021
16:01
How much have they hedged - they didn't say. I am worried about the crazy high price of coal.
mikro1
22/6/2021
19:55
It's unhelpful that the update today only mentions total debt. The Dec20 update refers to net debt which was £18.9m. We won't know net debt now until full year results are published. The receipt after March 21 of £5.7m of old debt must help but we have no idea what the last quarter underlying cash flow looks like. Only guidance is that forecast eps is in line with actual trading.
beangrinder
22/6/2021
19:37
HmmmWell spotted Timbob
jailbird
22/6/2021
19:11
Overall debt has reduced by £8.2 million, however working capital loans have increased from £1.4 million at 30 Sept 2020 to £6.5 million at end 31 March 2021. Would be interested to know why.
timbob2000
22/6/2021
13:53
I rate the CFO and am ambivalent about Gupta. Andycapp has been consistently critical of Gupta and it's easy to see why but I've been invested for years and know events haven't been kind to him. My view is that the company only needs to clear debt and run the coal plant to justify a much higher share price. The concern is that they think they need to do more...! Such is the story of corporate management many times over.
beangrinder
22/6/2021
13:13
@Andycapp1... Can you give a few examples of Gupta's bad decision and flaunting corporate governance? I know a little about the ship debacle which was possibly ok idea except that due diligence and execution seem to have been by words for that project! @beangrinder @dave4545... What are your views on Gupta?
altras
22/6/2021
12:34
I think we can stop looking at this one for another 6 months now. Maybe 2022 earnings will increase with slower implementation of environmental measures, less concentrated shutdown etc. Debt reduction continues steadily meanwhile and some cash dividend income will come in. On balance the risk of this investment is much lower than a year or two ago and it should be worth Edison's 42p...but when!
beangrinder
22/6/2021
08:32
yes anywhere
jailbird
22/6/2021
08:11
Always thought this one had run away from me, last time I looked it was up to 18-20p range so to get a quote low 14's when it's hitting their forecasts, slashing their debt still, and collected over £6 mil in one go from one customer I'm happy with that. Must have been a overhang prior to today.
dave4545
22/6/2021
07:36
Did you mean anywhere ? They still keep delivering though. Hitting their forecasts. And especially given what has happened in India that is impressive.
dave4545
22/6/2021
07:29
TU out Not going anyway this year..maybe next year
jailbird
18/6/2021
10:02
It is run (and majority owned) by an unaccountable loonball. And what institution wants to own coal? At some point - 3x EBITDA? - it’ll be worth buying as the loonball starts paying himself wads of dividend as the thing remains v cash generative under normal conditions. But unless he embraces proper corp governance, the Gupta discount will remain huge as will ownership of coal.
andycapp1
16/6/2021
15:14
Bought a few back today.
tole
28/5/2021
18:32
Are they beginning to discount Gupta apocalypse? Probably not. He’s so unutterably useless that I might give 10p for them?
andycapp1
Chat Pages: 294  293  292  291  290  289  288  287  286  285  284  283  Older
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