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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Optare | OPE | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.035 |
Top Posts |
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Posted at 09/10/2018 17:40 by shez83 Hi,I'm another holder suffering from the events of 2012 (well I call it that as that was the beginning of the end for me) I hold c.800k shares, not a lot but was £5.2k worth at the time. Only check on it from time to time, basically a dead duck but if we could get something back then that would be a bonus. Anyway just chucking my name in the hat so you know there's someone else out there if we are going to do anything, so please keep me informed otherwise maybe one day the OPE dream will be realised! Cheers |
Posted at 10/10/2017 17:58 by reximill A few more deals like this and OPE will be back above a penny a share!I see Leeds will be spending £71m on nearly 300 buses too and are trialing optare buses now. The electric bus market is going to expand massively from now on so Optare have done very well to survive. Has anyone dealt on these shares in the last 2 years? |
Posted at 14/5/2015 13:17 by joosepi The scenario here is emerging:Order book strong. Shares issued at float .8p. Many shares held by private investors. shares can be purchased today at .045. private investors buying shares. Share price increase on its way, strength of order book. Shares can be bought/sold through a matched bargain facility to be put in place on the OPE website www.optare.com. OPE is an opportunity. |
Posted at 30/4/2015 07:19 by stud-muffin What a terrible shame.Whether the rot was in built from Roy Stanley I do not know, I do know Sumner was entirely useless at running OPE and good only at spinning a tale via RNS's and his favourite platform - trade mags. The bizarre strategy of investing so much money in niche/emerging technology is perhaps the most obvious mistake OPE made, but in truth the list is long. I doubt OPE will continue in its present (manufacturing) guise and will slim down to Solo with the rest being retired/sold off/moved to India. For shareholders (LT's) this was always a one way bet to the knackers yard - trading spikes aside this RNS has been long overdue, for the workers I guess they had hoped the magic TATA have brought to JLR has simply failed to materialise. Just a growing list of overpaid under talented pen pushers that seem totally incapable of carrying out the well paid jobs they are employed for. RIP. |
Posted at 12/3/2015 06:41 by stud-muffin It was a bizarre price move on Tuesday. Rarely does a trading opportunity wave so clearly as selling at .3p and buying back later.You really would think OPE would have got on top of building a bus profitably by now, what will it take? |
Posted at 10/3/2015 08:36 by stud-muffin Credit to all holders on here who did not sell early. I have never seen a rise like this and I have seen a good few with OPE over the years. |
Posted at 08/3/2015 19:33 by stud-muffin This will become a Business studies module on how not to have run a company.Shame on Sumner and the rest of the fools who literally took an OK outfit making Solo's (good niche product) and tried to resurrect bus building (ELC). RIP OPE sleep well. |
Posted at 04/2/2015 14:44 by steve517499 "Optare has 45 EVs operating in the UK market and is the leader in full electric vehicles in the UK (where Optare has 100% market share) and Europe;"That is not my interpretation of the above statement taken from the latest financial reports. This is a milestone for TfL it is the first route to fully go electric ...if this is the start of further similar awards ... it has the POTENTIAL to be very good news for OPE unless Wright and ADL up their game in this market. |
Posted at 02/4/2014 18:15 by steve517499 JSB/Whites/Stud/AnslI wrote the other day I was not invested here because I was scared of the debt and left it at that, but feel events of the past 24 hours or so have caused me to expand on that statement. whites ... debt increased in the last set of accounts like virtually everyone before them ... how can you claim debt is reducing and under control ... I said it scared me because it is increasing and looking more out of control. When OPE transferred their business from HSBC (A-Ls bankers) to Barclays, they would have had to produce a business plan. I imagine that business plan would have shown a return to profit very quickly ... anyone who has invested here for more than a couple of weeks, will know that the full year accounts are likely to show an end of year loss so increased further borrowing. Depending how far apart they are from the projected business plan will determine how itchy Barclays' feet get. Now the move away from HSBC to Barclays in my eyes was a way for A-L to distance themselves from OPE's debt ... I can think of no other plausible motive for the move (any suggestions). A-L certainly do not seem to mention OPE as much as they used to, and am not sure they have the stomach to pump more money into OPE given their current position ... if the situation arises when they have to make that call ... whether it is or not to rescue OPE, I am sure it will be to the detriment of the shareholders. As for the A-L appointed CFO ... I do not reckon his remit was as simple as wrap things up, but to protect their investment from further losses the best way he can - with all options open. The only thing OPE has contributed to A-L, is a drain on capital and increased losses ... which I am sure is not what they had expected by now. As for the orders ... yes it is very good, but they total £10m ... I have estimated they need an annual turnover of about £100m to produce a profit ... so that is 10% if the way there which is a fantastic start, but much hard work is still needed to move into profit ... so here is my OPE report good start to year, must keep up the good work ... lets not go months before another RNS stud ... good luck with your investment strategy. |
Posted at 21/2/2014 17:14 by steve517499 Big flaw there Martinu is First Group are a £1.675bn company ... where is OPE or A-L going to get the cash for a sizeable chunk ... and if they were to want a sizeable chunk the price would no doubt increase considerablly. Rotala (ROL) would be more OPEs size ... but they do not buy many new vehicles so there would be little benefit to OPE to warrant the investmentMalta ... I am not to sure that wont be a poisioned chalice for whoever gets it ... one thing for sure is that they will have to pay the new operator a lot more than they paid Arriva. Secondly not sure Malta would want to consider bids from a company that has not had any experience of operating buses - best they could do would be try and find a transport operator that is willing to accept a manufatcurer as a minority partner, rather than going it alone. I am not sure at the current time it would be a good move for OPE as they would be expected to provide vehicles at rock bottom prices, is this something they can afford to do ... and they would only be part of one bid. Could they afford the costs associated with submitting an unsuccessful bid. Think they would need much deeper pockets if they wanted to gamble on this one. |
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