Opg Power Ventures Share Discussion Threads

[andycapp1] 19/9/2017 17:44

I am long, bitter and twisted! Ha! never been called bitter and twisted before. I'm not Flowerpothead, I'm realistic and I do my homework that is how I have made the money I have made, and it is very considerable! You, on the other hand, show an unhinged adoration for OPG which is all very strange.

[turbocharge] 19/9/2017 16:45

I'm long and losing money at the moment, but I'm more optimistic medium to long term

[jozo] 19/9/2017 16:26

Azelea - you've got to be having a laugh. Andycapp makes a huge amount of sense and is only reflecting market sentiment. The woeful share price also reflects this. He's every right to be peed of with opg management - they have destroyed shareholder value for huge number of investors. I don't know what planet you live on but it aint the real world of investing unless you call it blindly falling in love with a share and its management and being very happy that they've lost you shed loads of money.Things might not be alright for this company in the future - there's real uncertainty hence the share price. You seem to have not factored in at all what will happen to this company if they fail to navigate the next year or so. There is a chance that their debt could bring them down. The market is reflecting this and only a clear and believable strategy will persuade the market otherwise.You really need to wake up to this.And before you accuse me of ulterior motives - I'm long and currently out of pocket and peed of with myself for thinking I could catch the bottom. The management have ruined that and I'm now probably going to have to wait some time before I get my money back - possibly never if they get it wrong!

[azalea] 19/9/2017 14:06

dave 4545
He is one of those individuals who has either never held shares in OPG and has nothing better to do in his darkened room, or can't get over the losses he has suffered..
Either way, he is a bitter and twisted individual. Filter him.

[turbocharge] 19/9/2017 11:33

Odd, 24.5 to buy and 24.51 to sell...

Anybody know why this might be?

[andycapp1] 19/9/2017 11:30

Look neither you nor I can affect the share price. I am long but I am being realistic about the Company and its newsflow. My opinions will not impact the share price one jot but as you are being utterly unrealistic about the short term share price, absent news one way or another, I thought I'd better impart some reality to the debate.

[dave4545] 19/9/2017 10:45

You cannot let it go can you. Even when the stock has just a little bit of buying you are back with the deramping. I know you are short so your job is to be negative and my job is to be positive because I am long.

[andycapp1] 19/9/2017 10:28

Dave, you are seeing everything at a micro level without seeing the bigger picture. there is no sustained buying in this stock as it is virtually impossible to value right now. So there may be the occasional brave soul that is deciding to wager a few £ instead of the 3.15 and Lingfield but this share will only make progress when the Board articulates a plan to sustainably recover shareholder value. They have one plant that, to equity at least, is probably worthless and they are investing in solar which is probably adding no value. They have a flawed hedging strategy, they flout governance conventions, the CEO is massively overpaid and even more so for what he is delivering; oh and they have £250m of debt!! So little wonder, right now, this thing is 24p!! And will remain there until either they have to restructure debt or they come up with a viable and sustainable plan linked with management changes.

[dave4545] 19/9/2017 10:09

Would be a little bullish if we could push on and go blue now.

[dave4545] 19/9/2017 08:31

Reckon that 50k was also a buy just delayed reporting it enough seconds to make it look like a sale after the tick back up.

[andycapp1] 19/9/2017 08:29

Wonder if the Swami love child has a view? Flowerpot?

[dave4545] 19/9/2017 08:25

Cannot buy online. One thing dropping the price but if they offer nothing it's a false drop so the price should at least get back to unchanged soon.

[andycapp1] 18/9/2017 11:53

Trust me nothing will happen until or unless the market gets certainty on covenants, dividend, hedging, exec changes etc etc. Until then OPG is an utter punt. The equity could be valueless or it could make the changes it needs to and things will revert to a modicum of normality. Who the hell knows!

[dave4545] 18/9/2017 09:33

Double bottom on the chart if it moves upwards from here. If buyers keep nibbling like currently it should go blue soon

[andycapp1] 15/9/2017 15:44

But 2017 results utterly irrelevant I'm afraid. Meaningless. It's 2018, strategy, covenants and hopefully management changes. Gupta has got to go.

[dave4545] 15/9/2017 15:29

"FY17 results expected to be announced by the week of 25 September 2017, with earnings and dividends expected to be in line with consensus expectations"

Price all time low so I'm holding for a big bounce on results day next week whichever day it is.

[andycapp1] 15/9/2017 15:23

Agreed sadly.

[dave4545] 15/9/2017 15:21

Plenty of nibbles at 25.9p some are hidden on nex exchange.

[smithless] 15/9/2017 13:44

Unfortunately, Gupta is no longer in control of the company's destiny (mostly his own making) and its down to which way coal prices sway (an idiotic position to be in).I have no intention to average down until until Gupta and his cronies can deliver a plan, which includes management changes and top to bottom review of how it conducts its business affairs. Without changes, it will limp from one disaster to another and will be just become another failed Indian statistic.

[andycapp1] 15/9/2017 12:58

Yup but they might be right!!

[dave4545] 15/9/2017 12:46

And the mm that sold 150k at 27p yesterday is probably laughing as they buy them back
for that 25.65p

[dave4545] 15/9/2017 12:45

People selling at lowest price ever right now 25.65p

[andycapp1] 15/9/2017 08:42

As I say the thing that will kick start them (up or down) is clarity; on covenants and headroom, hedging strategy, EBITDA and EPS, dividend policy and hopefully management changes. Gupta is utterly out of his depth, he can't engage with institutions, and as for their IR guy!! He's worse than Gupta. I just Flowerhead's uncle can count!!

[dave4545] 14/9/2017 18:03

So 7 minutes before the close somebody was happy to pay 27p when the spread was 26-26.5p and for size 150,000

Maybe that will kick start these tomorrow morning.

[andycapp1] 14/9/2017 16:02

Ah Flowerhead I'm glad to hear you have a cosy relationship with the head beancounter.