Opg Power Ventures Share Discussion Threads

[tole] 14/1/2022 19:16

https://www.fool.co.uk/2022/01/14/4-penny-stocks-to-buy-in-2022-2/A high energy UK shareI believe strong economic progress in India might supercharge shareholder returns at OPG Power Ventures. Urbanisation and industrialisation in the Asian nation is growing rapidly and, as a consequence, so is the energy that this power station operator provides.The company's latest update showed Indian energy consumption rose to 100.42 billion units (BU) in November. That was up from 96.88 BU and 93.94 BU in the same months in 2020 and 2019 respectively.A word of warning however. Profits are taking a hit due to higher coal and freight prices at present. This is a problem that could resurface at a later date too.

[jailbird] 04/1/2022 20:37

Indo export coal ban will put pressure on prices As well as being China's largest foreign source of coal, Indonesia is also an important supplier to India and south-east Asia. The country provided a record of more than 21m tonnes of coal to China in September, up from 17m in August."The move could potentially have knock-on effects in China and India, which are the usual destinations for Indonesian coal," said Warren Patterson, head of commodities strategy at ING.

[dave4545] 14/12/2021 12:09

Think panic is setting in here some selling at at 10.8p

[andycapp1] 10/12/2021 14:59

Why does it “look great value here now”?

[bubbabubbabubba] 08/12/2021 17:42

10 million free cash flow* apologies but still a lot

[bubbabubbabubba] 08/12/2021 17:07

Yes very much the market markers must made a fair bit of cash with it being down 12% this morning then recovering

[altras] 08/12/2021 16:38

@Bubba
And I do hope they stay that way for a while and not go seeking partners rashly as those don't tend to pan out...

Fun fact...according to Simply Wall street OPG current fair value is £3.66! So that would give them a MCAP of ~1.4B... :-) Hmmm...I think not even though I'm invested here!

[philjeans] 08/12/2021 14:33

Looks great value here now.

[altras] 08/12/2021 12:58

@QS99
Don't think the company has a good track record of projects they undertake. Im pro moving to renewables; just not sure they can execute in a profitable manner!

[dave4545] 08/12/2021 12:30

120k buy 12.4p delayed on Asqe

mm's did their panic trade and got a few at 11p first thing

[bubbabubbabubba] 08/12/2021 10:32

I think there just focusing in on this one power plant which is maybe a good thingJust need to Coal prices to lower considerably which I think they willIf you look at other companies the valuation of opg looks crazy low

[qs99] 08/12/2021 08:49

Virtually debt free is the big plus here IMO...with coal prices normalising, then maybe this can start chucking off some meaningful cash, diversify into renewables etc etc. lets see

[jailbird] 08/12/2021 08:27

Is that a profit warning for full year ?Debt reduction looks good though

[bubbabubbabubba] 06/12/2021 13:08

Who hurt you?

[bubbabubbabubba] 30/11/2021 14:04

Yes maybe Friday looking at past history

[dave4545] 30/11/2021 12:57

Lots of links on BSE

[dave4545] 30/11/2021 12:20

300k at 11.15p last week

Now 13.35p bid

2.2p or £6600

Panic

[qs99] 30/11/2021 12:00

should we be due half year results soon?

[bubbabubbabubba] 29/11/2021 12:03

Just been sold on for 13% profit