Opg Power Ventures Share Discussion Threads

[albert arthur] 03/11/2021 00:32

Bought some tranches over the last couple of days, Yozo, you're correct as to why... Dave, you're always in profit making stocks I seem to find with good PE and margins , I don't know you, but maybe a similar algo? Anyway, I think this will hit 20p in the coming weeks. Long much more.

[jozo] 02/11/2021 10:25

Coal continuing to plummet in price - what a difference a few weeks make!

I suspect huge falls in coal price yesterday in particular driving the buying of OPG today.


Newcastle:

Indonesioan:

jozo

[jeffian] 01/11/2021 19:00

Well it looks as if we're safe until 2070 then......!

[dave4545] 01/11/2021 18:52

Look at those buys last 10 mins

3 x 100k and 250k most at 14.75p, wonder where the mm's are getting it from.

[jailbird] 29/10/2021 06:05

TCSorry O/TA more reputable source , FT.com , has given PFC a sell recommendation today explaining its reasons .

[jailbird] 28/10/2021 13:00

TC,Me too , waiting for a further drop and waiting for the extra shares to churn out . I am sure it will be ok long term.

[turbocharge] 28/10/2021 12:32

jailbird, I'm on the sidelines watching Petrofac. But I take your point, there's nothing like doing your own research. Mustn't simply follow the herd or get sucked in by pundits.

Perhaps OPG will benefit from higher tariffs as the Indian economy recovers and demand for electricity rises...

[jailbird] 28/10/2021 12:17

Tc,Have to take with spinach of salt today So this is the same chap who is bullish on Petrofac in this podcast . Date of article was it was 155pJust completed a huge fund raising yesterday at 115p, and share price is falling currently 20% today Maybe it will come good but not in the short term

[thirty fifty twenty] 28/10/2021 12:09

seems stock is very much in demand.
i wonder if there is behind the scenes news on the solar disposal.
OR....
if there is some recovery from the first power plant.
i think i have a vague recollection that they still retain some ownership / recovery rights. sorry this is so not specific and happy to be corrected. but the demand for stock to me seems much more than playing the discounted CASH flow story.

another thought - go back to the rumours in the indian press last year re a bid at 19p a share from one of the major power companies. obviously the value of the power producing assets are worth a fortune but in the hands of a controlling shareholder, though the stock market rightly applies a significant discount.

if i were a major i would consider buying a 10% blocking stake.
this would stop any mover to take private,
and would thus give HUGE negotiating power for 'something'.

that something could even be to support a low ball bid to take private,
get some cheap power in a supply agreement,
and get the 10% bgt back at a later date.

anyway, just thoughts very much with holder bias!!

All IMHO, DYOR + BoL
OPG is in my top5 hldgs

[dave4545] 28/10/2021 11:35

Recovering each time from profit taking dips

14.31-14.5p online so strong

[turbocharge] 27/10/2021 13:56

Hopefully this marks the start of a more sustained trend leading to a possible re-rating!

[dave4545] 27/10/2021 10:50

Holding it's gains well despite some profit taking

14.155-14.5p

[dave4545] 26/10/2021 14:02

105k paid a 0.25p premium.

By the time the mm's show it as delayed it's put through as a sale as normal

[turbocharge] 26/10/2021 13:49

Looks like the trade of 105k that took place @12:34:36 (13.50/14) has been conveniently listed after the 68k trade that took place @13:10:30 (14/15). I suspect one is a sell while the other is a buy, but ADVFN shows them both as sells.

[nathandc] 26/10/2021 13:38

Great to see this pushing up But there has to be more to come 40p + when it finally re-rates and why I am hereRevenues, gearing and history of term loans being paid - make this attractive Expect coal to fall And why we not all like coal - it's there to stay for the next decade + in India ( not to mention this is "clean" PP) GLA

[dave4545] 26/10/2021 12:47

14.185-14.5p but no quote to buy whoosh

This is nice

[dave4545] 26/10/2021 10:00

Getting there

13.18-13.47p

That tip has totally flipped the momentum here

[dave4545] 25/10/2021 10:56

Hard work and mm's still printing them

100k takes out the 12.33p online offer and now edging up to 12.44p but it's took a lot more buying than usual to move this one this morning

[turbocharge] 25/10/2021 09:00

Not sure when the Moneyweek podcast gets released on Friday, I suspect it was during trading hours, and may have been the reason for the surge in trading volume.

According to the Edison coverage of OPG in March

"Using the rating of listed Indian peers suggests a target price of 42p a share. The range is 62p using EV/MW of capacity to 21p on a P/E basis. The differences mainly reflect downtime required to install new environmental equipment and timing differences on tax."

[dave4545] 25/10/2021 08:14

Note the 480k block worked sale so still doing them in 240k increments and at 11.875p price

[jozo] 25/10/2021 08:13

All smoke and mirrors with reported trading in many of these small aim companies Clearly something being worked here just now Jozo

[dave4545] 25/10/2021 08:09

If it's not games then that seller might finally clear this morning

I could buy 100k at 8.05 am online but now no quote for 25k at 12p, happened a few times then you can buy again

No quote for 10000 now

[dave4545] 24/10/2021 18:55

When on Friday does that get released Turbocharge ?

If it's after the market close then there might be fresh interest in the morning

[turbocharge] 24/10/2021 17:54

OPG mentioned in MoneyWeek podcast @20:55