Opg Power Ventures Share Discussion Threads

[florence141414] 21/2/2024 08:29

Dave do you have a link by any chance? I was only ever able to find the Indian results once. Since then I can only find their bond prices.

[dave4545] 19/2/2024 12:02

Wish I could ask the 100k and 90k sellers today if they are aware of the results being out in India or is it traders in below 10.8p last week moving on to another trade ?

A few value stocks elsewhere rerating fast today but OPG is still stuck

[dave4545] 15/2/2024 10:23

So long as it does not make profits you are laughing tim

Once a stock seems to announce it's making money or doing well they become friendless but losing money and cash burn well spike them 100-500%

Strange old market.

Take out my buys and just 3 small buys and that is with that info yesterday.

Value will out in the end happy to hold

[tim000] 15/2/2024 09:45

Thanks for posting that Dave, all of my focus has been on other stocks recently and I had not seen this release. Encouraging.
I know you like to find bargains. I’ve been buying TEK for its exposure to SALT - admittedly a pre-revenue stock but the upside is enormous while the downside is your stake money. It’s encouraging that they have recruited an industry professional as the Chairperson.

[dave4545] 15/2/2024 09:22

Just in case you do not use LSE and totally unaware but results are out again in India which once again is a nice bit of free inside info.

9 months profits of £6.9 million so broker forecast is going to get smashed it would seem, be nice when they announce

Not that much interest, I bought the 50k's but it's a day traders market and dull old OPG does not appeal no matter how much of a bargain it is

[dave4545] 13/2/2024 14:10

Or buybacks which they have permission for now.

They could be hammering this offer with 100k buys right now

[chalky] 13/2/2024 13:45

No it's slippage punters get bored and move elsewhere when you hardly get any information. they need to pay a dividend to get investors, either a buyback or a cash payment. can't see the point of hoarding cash if they are not interested in a takeover.

[dave4545] 13/2/2024 11:20

10.5p offer wow and somebody sold 100k at 10.1p earlier

As I missing something again here ?

[dave4545] 08/2/2024 17:57

Encouraging to see yesterday there was a 250k buy.

So 100-150k is delayed a hour but go to 250k and they delayed it over a day...outrageous

Would be lovely for a RNS saying it's the company buying but looks like
it's big hitters who see value.

Once again where is the supply coming from ?

[dave4545] 07/2/2024 17:07

Mind you this is a £40-50 mil stock not a £4-5 mil

So 500k is only £50k which is not fortune.

Usually the volume days here are results days when everybody sees the value

[the original goldbug] 07/2/2024 16:31

There is a systematic liquidation going on all in all small caps. And really there is a paucity of buyers. Hence these very depressed prices across the board.

[dave4545] 07/2/2024 16:05

Who is the seller ?

baffling but every stock seems to have one these days

[rivaldo] 07/2/2024 15:30

...and a 50k buy at 10.99p. Good to see the buying price moving up steadily today.

EDIT - quickly followed by another 350,000 or so of buys at around the full offer. Hopefully the seller will run out of stock soon....

[dave4545] 07/2/2024 14:46

100k buy delayed on aqse full 11p offer Wins

[dave4545] 07/2/2024 10:23

Thanks

Calm before the storm I hope.

Should be trading for me at double at the very least.

Thought there would be more interest when it finally went blue from this low level.

[rivaldo] 07/2/2024 09:10

Good to see a tick up on the bid this morning after a 50k buy at 10.74p. I bought a few more recently.

Dave4545, I subscribe to Research Tree which gives access to Cavendish, Canaccord, Shore Capital etc.

[dave4545] 03/2/2024 22:26

rivaldo

How do you obtain broker forecasts/notes ?

I tried today with Cenkos/Cavendish and drew a blank.

[tim000] 02/2/2024 08:10

You’re right Dave, patience is needed - or viewed differently, it’s a stock which you can forget about and not micro manage. Hence not a lot for me to contribute! The fundamentals speak for themselves.

[dave4545] 02/2/2024 07:59

Hey Tim I was wondering where you were :-))

I feel we are sitting on the bargain of all bargains but just have to have more patience which is hard because this is years now waiting for a fair rating
I checked my ISA history in this stock and I first bought this stock at 64p which I cannot remember doing or remember the price being so high crazy eh.

[tim000] 02/2/2024 07:57

And Indian power consumption grew strongly in January, reflecting cold weather and a strong economy.

[dave4545] 02/2/2024 07:52

Worldwide coal prices continuing to drop.

Indonesian coal prices too.

[dave4545] 01/2/2024 07:43

I'm not seeing any small cap stock come out with numbers to match OPG or get close.
BBSN last week were good, today Mtec at half the valuation of OPG says a "strong performance" with £1.4 mil ebitda

What did OPG make..£7.8 mil ebitda in first half and over £4 mil PBT not to mention the huge net cash position.

This penny share market is the most bearish for a while, loads of stocks tanking because they need to raise money and OPG cannot even command a respectable valuation yet it makes lots of profits again and generates a lot of cash.

It makes more money than Hvivo numbers the other day, has half their cash position but only worth a fifth of their valuation near £200 mil

Think OPG is very unloved but it's been like this for years