Opg Power Ventures Share Discussion Threads

[rivaldo] 28/11/2019 09:27

A good, solid update which will increase market confidence in the company.

Cenkos say Buy today, and have slightly increased this year's forecast to 3.9p EPS.

The £9.6m repayment of term loan debt in H1 is deemed to equate to a c2.5p increase in equity value per share.

[qs99] 28/11/2019 08:52

to be fair that is not a bad update IMO....

[fillipe] 28/11/2019 08:47

19p at the lowest ask on show, as I type.

f

[fillipe] 28/11/2019 08:45

Excellent results for the half-year and even more so for all who bought at any point in the last four months.
Augers well for the finals and also dividend aspect.

f

[the original goldbug] 28/11/2019 08:41

Of course people are not pleased with this stock. That’s why is trades on a discount to book value of 55%.

[dave4545] 28/11/2019 08:36

Well wait until 2023 when it's debt free and making all this money and generating all that cash.

I'll sure you will be happy then.

No pleasing people with this stock.

Leave you all to it, I continue to hold.

[the original goldbug] 28/11/2019 08:33

Yes the people who bought in heavily at 12p are probably tickled pink.

They are a minority however. The rest of the shareholder base is utterly jaundiced by the litany of disappointments.

The fact that despite a deleveraging and a supposedly profitable power generation environment (given low coal prices) that it still trades at a 55% discount to book speaks volumes about this share and indeed your commentary about ‘excellent results’.

[dave4545] 28/11/2019 08:22

Well I'm happy and so is the market.

Like I said yesterday there is little stock about so if results are decent the price should rebound.

This level is the first where you can buy some size, 50k buy just gone in on Nex at 18.75p

[the original goldbug] 28/11/2019 08:13

As I said it will be considered a victory if this thing eventually trades at book value at about 35p.

Yes book value can grow to about 45 by end ‘23.

Still results are not spectacular. In danger of repeating myself, why has net power generation fallen? Why no comment on the capex to clean up the plants?

Also bear in mind these results are reported at a bombed out FX fix in late September.

The valuation and the results are two separate issues. It’s cheap because there has been a long list of disasters piled up on top of each other.

[dave4545] 28/11/2019 08:07

TOG

Come on look at the share price and valuation, it's totally bombed out, it's prices as though there was going to be a horror show.

Market cap £60 million. in a few years it will debt free and swimming in cash.

I think a 50-100% rerating to a more sensible valuation is on the cards here

[robsy2] 28/11/2019 08:03

Struggling to read it on my mobile , but it looks like its heading in the right direction.

[igoe104] 28/11/2019 08:02

Yes, excellent results. EBITDA 18 million against a market cap of 64 million, debt been reduced heavily

[the original goldbug] 28/11/2019 08:02

What exactly is so excellent about them Davé?

Why is generation actually down?

Why no comment about the capex to cut emissions?

Why are EBITDA numbers actually flat?

Yes, it may squeak up to 20p with a bit of luck and in the fullness of time you could say it will be a success it is trades at BV again.

[dave4545] 28/11/2019 07:43

wow no posts on those excellent results.

Long term this should do really well now

[dave4545] 28/11/2019 07:43

wow no posts on those excellent results.

Long term this should do really well now

[dave4545] 27/11/2019 16:45

No stock at the close, slight premium paid for small amount.

If they issue good results this could really take off as no overhangs

fingers crossed

[dave4545] 27/11/2019 15:24

running out of time for a rally pre results but offer has shot up late on to 15.9p for small amounts

[dave4545] 25/11/2019 15:14

Expecting decent results and a rally in the price

[turbocharge] 25/11/2019 15:10

Notice of Results
Monday 25 November 2019

OPG Power Ventures plc (AIM: OPG), the developer and operator of power plants in India, announces that the Company's half year results for the six months to 30 September 2019 will be released on 28 November 2019

[turbocharge] 25/11/2019 15:09

Appointment of Non-Executive
Monday 25 November 2019

OPG Power Ventures plc (AIM: OPG), the developer and operator of power plants in India, announces that at its eleventh Annual General Meeting of shareholders held today all of the resolutions proposed in the Notice of Meeting were duly passed.

On 9 October 2019, the Company announced certain board changes including the proposed appointment of Mr Narayanan Kumar as a Non-Executive Director. The Board is pleased to confirm that Mr Kumar was appointed to the Board with effect from today.

[dave4545] 25/11/2019 13:43

Decent blocks changing hands today

[turbocharge] 18/11/2019 16:22

Hmmm...

No problem selling £50k @ 14.975

[dave4545] 18/11/2019 15:58

257k at 13.75p ouch bit of a distressed sale there

[dave4545] 13/11/2019 15:56

Overhang cleared.

I had to fill or kill just 10k today.