Opg Power Ventures Share Discussion Threads

[eddie1980] 08/8/2016 11:10

PLFs are plant load factors - the % of actual usage over theoretical maximum. There are a couple of measures, both similar, bu can't recall the exact diffs.

Ballychan - yes, I am close to break even, couple more points, and yes, I will shortly sell out. Don't worry though, I will happily revisit to dampen any blind pumping/nonsense posted.

Main problem here - this run has been triggered by article in Shares mag - I would have hoped that the company is more competent than to rely on retail mags to generate sufficient buying interest.

Food for thought - saw similar articles published last year on OPG after Q1 and H1 results...

Note the themes - Q1 up 32%, H1 up 55%. Now what did they go on to achieve in full year EPS growth.... 5.13p from 4.8p - that's under 7%.





Growth in EPS will come, but I don't think its going to be anywhere near as explosive as one thought 12 months ago.

[king kong dong] 08/8/2016 11:04

Bottom line, is this is making money, can handle the debt and is on the up in a market with massive demands for power.

[ballychan] 08/8/2016 10:56

Eddie did you mention you bought in at 70p? Bet you can't wait to hit the sell button and forget this godforsaken company hey ;-)

[ali47fish] 08/8/2016 10:23

what are plf's please Eddie?

[source] 08/8/2016 10:12

Good point Eddie - as discussed earlier with JJBev, we noted the large drops in OPG PLF expectations, but why this is likely to be so is still a mystery (& not a pleasant one). Doesn't matter though at the moment as this is on a tear for now, -- but it will be highly relevant to OPG's future performance longer term if it can only deliver its much lower predicted PLF's (along with the recent lower power charges we've also seen recently too). Regards,Source.

[eddie1980] 08/8/2016 09:54

Umm, they won't achieve their optimum output, because OPG had historically indicated we should expect upto 90% PLF and now they guide to 75% - so how is that the plants optimum?

[azalea] 08/8/2016 09:49

The 'offer price' has another 50% to go before reaching the bid price established when the output of all OPG plants was less than the capacity of the two latest two plants(Gujarat & Chennai). which before the end of the year will achieve their optimium PLF.

[qs99] 08/8/2016 09:24

Well through 70p...

[source] 08/8/2016 09:24

Yay Ballychan- it's through 68.5p!Regards,Source.

[azalea] 08/8/2016 08:57

Onwards and upwards to 80p. much to the disgust of all the critics, who have consistently knocked OPG.

[ballychan] 08/8/2016 08:11

Looking at the 1yr chart, we're in a very strong downtrend and the resiatance line is around 68-68.5p.If we can close above this and sustain it, we'll officially be in 'break out'.

[source] 07/8/2016 19:39

:)

Regards,
Source.

[the original goldbug] 07/8/2016 17:33

Hey Source

No hard feelings, we all know who the real who whinger is around here! Maybe Mr Swami is away? Anyway, try calling him too. Explain you have a material position in the company and you expect clarity on what is troubling you. You could also call one of the analysts but you would have to bluff that you were given his name by the company and that you represent an institution that is weighing up an investment. The worst that might happen is that you might be caught out and feel a bit sheepish. But I don't think you will. Take control of the conversation and do the asking of the questions.

Eventually I am going to have to pull my finger out and speak with these guys. I will share the information if you have not already saved the day :-)

[piedro] 07/8/2016 16:58

Source,
I would also add that if the company is unresponsive, get your broker to do it.

[onjohn] 07/8/2016 15:50

Mountain of debt and often misses forecasts

[the original goldbug] 07/8/2016 15:33

Take matters in to your own hands!

Contact the company and get answers for any perceived disappointment in unmet expectations etc. This is not BP, so the finance director, Mr Swami, will endeavour to answer your questions.

Sorry there are no excuses folks, if you have time to whinge on here you have the time to compose a short email to the company.

If yee seek yee shall find ;-)

[piedro] 07/8/2016 15:11

Source,
"Guess fingers crossed they wont dissapoint again ..."

You'd be better off believing in the Company than Broker reports.
For better or worse, the story has not changed and the company is consistent.

AIMHO,
P.

[source] 07/8/2016 14:35

Agree twisted - we'll have to see if these fall back now or not, but agree that has been the pattern previously. In the meantime though I had a little look back and these recent results were DEFINATELY a big miss on the expected EPS forecasts from all three OPG brokers.

Concencus across all 3 was 6.78p for 31st March 2016, (per all forecasts held upto the end of June). The lowest, Shore Capital, had 6.6p and the highest, Cantors, had 7.51p...

So OPG only making 5.29p is a rather large miss as I thought originally...Maybe that's why there has been the seller for so long? Maybe ending soon/now? Shame we werent all privvy to the bad news earlier on as the priveleged seller seemed to have been unlike the rest of the shareholder base - OPG confirming it was experiencing this material deterioration compared to forecasts should have been managements priority during the floods in my view! (not actually sure how they got away with not announcing the miss given the forecasts were kept steady throughout 2016 in the end).

There still seems the promise of jam tomorrow (as there has ever been with OPG!!!), but even next years eps have dropped down to what seems a new lower concensus eps of 7.84p for 2017...Guess fingers crossed they wont dissapoint again there then (and dont in the meantime also go chasing crazy deals that will ramp its high debt even further, as per recent press reports have published with Lanco etc).

Regards,
Source.

[qs99] 06/8/2016 10:48

With interest rates where they are why wouldn't institutions search for some steady income!

[divinausa1] 05/8/2016 23:25

I was beginning to think I was the only one who thought those results were great with divi the icing on the cake, market and punters were slow to react, i can see this going over a pound short term now....

[igoe104] 05/8/2016 16:01

Hopefully that's the overhang cleared now, and onwards and upwards to the £1 level, where this share should be about.

[twistednik] 05/8/2016 15:14

Interesting to see if this rise is just on the back of press tips or if it's sustainable ? I assume the large seller has left now which can only be good news.

I think they're still a good play on India growth long-term but would not be surprised to see a pull back when the buying frenzy abates and there's a lack of news flow for a couple of months. The numbers weren't stellar but the share price shoots up !?

Certainly paying and increasing the divi will provide a decent floor to this share longer-term and I'm confident they're a lot less risky than the other developing world blue sky stocks out there.

[qs99] 05/8/2016 15:01

Already cleared it would seem! Hope this is start of a decent rise

[source] 05/8/2016 13:48

Wow great jump today! Hopefully the seller gets cleared out soon (or already has?)Regards,Source.