Re: In "India's hunger for energy is unlikely to reduce"true statement.I just hope (rather blindly) that their hunger for corruption doesn't grow at the same rate.Games
Re: In Games - After you joining me at APH, I felt obliged to join you at OPG....I bought this afternoon, so am am now also IN. I see Gretel is present here also, and that is not a bad sign, he/she is pretty shrewd from what I have noticed on other sites.. Doing my own homework, I cannot help but think that OPG is going to do well for us. If the recent proclaimed forecasts on EPS and Dividends are anywhere near correct, then, in due course, the share price is bound to turn sharply north, very sharply north, IMO.India's hunger for energy is unlikely to reduce, suppliers will struggle tokeep pace the country's fast growing economy. That has.got to be good for OPG.IMHO,ws
In Just bought in.Debt's a risk, but seems manageable and overall undervalued.Jim Slater's son (Mark Slater) wrote an article on this last year and bigged up on it.I guess you guys have seen it but here it is anyhow :-[link] an AIM stock it's obviously not as secure from a governance perspective as the main market, but judging by some of the shenanigans from the banks, insurance companies and companies like Carillion (just tanked) and Fraud at companies like AMEC reported today, you often wonder if it makes any difference.Yield looks promising and the venture into solar also.Games
Apologies, wrong site re Fraud investigation Apologies, meant for the Lakehouse Board...!
Fraud investigation Might begin to see some sp volatility once the below becomes general knowledge.....[link]
Rising nicely this week Hopefully this indicates the seller is now definitively out. There should be a large sustained rise if so imo.For the current year to March'18 consensus forecasts are 7.9p EPS, with a 1.2p dividend. That's a P/E of only 6, with a 2.5% dividend yield which increases steeply to a 6.3% yield in 2019 based on a 3p dividend.There was a Shares Mag piece this week, summarised elsewhere as follows:"A decent one page spread on OPG this week in the Shares magazine, worth a read and very positive. Talks about city analysts being reassured OPG are back on track and the current price potentially creating an opportunity for investors. Analysts at Macquarie Capital also suggest a potential big jump in dividend payments, forecasting 1p per share payout this year to March 2018 before steeply rising to 3p in 2019 which would create an income yield of 7.1% if these increases are realised. Due to improved cash collection and renegotiated debt facilities."
Time for a nibble Below 40 - time to load up IMO.
info [link]
Cantor like it... [link]
trasing in line so EPS = 7p+ next year trading in line which means eps of 6p this year 7p+ next year,and a divi of 0.9p this year and 1.2p next year.the bid for GEM and other overseas horror stories will keep the rating low,but with India booming and thus long term growth assured... it was very interesting that they confirm that because Coal is soo necessary for power there will be growth in line with renewable.so I think a 2% yield would be enough to tice investors in....so that is a price of 45p now and 60p in a years time,I.e. can see investors bid up to 50p now - lets seeAll IMHO, DYOR + BoLOPG is in my portolio
Plant Load Factors These still seem to be very low. There is no explanation in the Trading Update. The marginal income from a decent load factor would transform the results!
Re: Trading Update Once we see the FY results putting hopefully attractive profit numbers to this solid production news should trigger a long-awaited upward trend in the sp. I can't understand why a recent broker report put the shares on "hold", this trading statement clearly implies that all is well with the business and I can only see profit and dividend growth going forward.
Trading Update There's a trading update out this morning and the stock is up 3p .... a long way to go to return to 2015 prices!Trading update: [link]
Bottom picking? Any guesses? If the biz is all above board a buying opportunity must be coming our way. Last time this low was Nov 2012.
Re: Midas tip in Sunday Mail Topped up @ 46.5 shows as sell ... don't know if that indicates anything or if they correct it latter on.