We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Just bought a few more (18000) myself this morning, rivaldo. Good to see you over here as well as in INSE
Some big buys late yesterday great timing by someone.
Good to see a tick up on the bid this morning after a 50k buy at 10.74p. I bought a few more recently.
Cenkos increase target price significantly to 27p
Still to low imo should be 35p
Expecting a sharp uptick with Q3 upadate about to land
Davey
Yawn … how many times are you going to repeat these examples
We all get it , move on !
Maybe OPG would be better off saying they are giving up all profitable operations and instead we are going to start drilling for Helium or anything basically. Never known a market like this in 25 years of internet trading where value profitable companies are totally shunned and punters just chase up anything loss making that spikes. I get the rise in Helium one but the price is up 2200% in a few weeks, think it's priced in for now.
Imagine if Helium one said they estimate they will make around £10 mil profits a year and generate loads of cash the shares would probably go mentals and here's OPG with still falling coal prices and we are struggling to get 100k of share volume a day now.
I also think that this year will be when they finally start to reward holders by paying a dividend, clearly making enough profit as will shortly be confirmed by another record quarter.
Oh yes I missed that one so hopefully a update soon and one perhaps to say they on course to exceed expectations with the bar being set so low and with coal prices dropping still.
I think OPG is suffering because it's become a day trading frenzy in the last 12 months, no matter how good or cheap or value a stock is nobody will touch them until they are high up on the leaders board. Remember the last time that happened here the buys were flying in but sadly from traders who all sold out again within a week.
Dave it is crazy to think how cheap this is when looking at the performance especially the last quarter if Q3 and Q4 match it (and they are usually far better) then we should be set for a cracking f/y (not long to wait) as a minimum 25+p but could easily be in the 30-35p range
28th Feb 2022
29th Jan 2021
11th Feb 2020
23rd Feb 2019
I think they will be quick to release this years based on the massively improved performance in rhe last quarter and knowing that historically they always have a much stronger second half to the year.
Ronald
OPG have not issued a 3rd Quarter trader update since 2020. It's just a full year update in May/June.
The main things are for once the broker Cenkos has not issued a sky high profits forecast which would be difficult to beat but instead a very low one which should be easy to smash, they already made well over half that target in H1.
Have you notice Coal prices are now dropping more having been stable for a while after the recent plunges through 2023. If they returned to pre war levels OPG could return to £30 mil+ EBITDA and £15-25 mil PBT which would be mental on their current valuation considering they have a strong net cash position not a big debt pile from say 3-4 years ago.
Just unloved, I see other companies doing well seeing reratings. Our time will come this year
Dave
You are a hypocrite Reading your conversations with Parob on the MTEC thread
And you have the nerve to filter ppl with your behaviour
Do not try to justify it .
OPG - Also I see you are singing the same tunes to the lack of buybacks now
Bubba and myself said this many weeks ago
Something not adding up here still , maybe it will change on next RNS
Added 3 lots of 50k today, heavily manipulated atm which is what mm's do with my stocks
It is thought it would this week and next with Q3 due to land
Good to see the share price creeping back up again.
Its only a matter of time and this will rocket
Anyone who has followed OPG knows how undervalued it is
Buying at these levels and in the space of 2years i can see it yielding 20-30% per annum in dividends, just another reason to buy.
75k buy order in auction at 10.7p.
I'll be buying more today, you want to watch them manipulate this on L2 recently, buy after buy no move little sell mm drops on L2, weird how mm's never spike stocks making profits, always the rubbish that gets pushed
Agree Davey short term there is massive upside as they are clearly back to making large profits.
Long term i think OPG is a very well managed company that will continue to grow.
Short term forecast for 2024 35p
Forecast for the next 2-3years 60p-70p as the company starts to supersede historical profit levels.
Go and read Hvivo numbers today in trading update. They have less ebitda, less profits but growing, but have double the cash OPG has yet they are valued at nearly £200 million. Talk about unloved OPG here, one day this will go mental when the penny drops or they finally do some buybacks, that is annoying me going to lengths to get permission and then not doing any with all the cash and a falling shareprice ???
Good move if they get someone in who is more investor relations minded.
Should start to move back up this week with Q3 expected to drop.
He is retaining his CFO role presumably. Also he seems to be on a CFO panel in February so would be weird if he had resigned and was participating on that.
Update this week ⁸
He is but its the company secretary role where he has been replaced , could simply be that as CFO he doesn't have the time to undertake the obligations of secretary aswell.
He clearly failed in the role and communication with investors has been poor to say the least, happy to see this move as it indicates the company realises it has been lacking in this area.
No but hes the cfo as well if im not mistaken which i dont understand
Thanks Bubba thats great news, his performance as company secretary has been appalling and it is about time he has been replaced after repeatedley failing to keep investors and the market updated with crucial news reporting.
He clearly hasn't been doing what a good company secretary should and i doubt he had much choice in his resignation (that or be sacked) one things for sure the new appointment has to be an improvement.
Looking forward to more updates and a stream of positive newsflow