Optare is one of the most well known and respected bus industries in the UK. The company have developed a range of low carbon buses using enhanced diesel technology. They design, manufacture and sell the single and double deck buses. They operate in North America and Continental Europe as well as the UK.
was a holder, a while ago now & somebody mentioned, back then that Ashok, might try to run down the sp then take Ope private. On the above I don't know if that is possible, but they do not seem to be doing anything to help normal shareholders. Hope it does turn around for all holders & you can make your way back to 0.5 & above.
And that sums up OPEless. Good product but lousy BOD. I got out last week having bought at circa 5p. Lost over a grand which isn't chicken feed for me but at least I haven't had to watch the sp slip since on a daily basis whilst the jokers running the show do FA to improve it. Might buy back in one day but can't see it being anytime soon. Even an occasional good news RNS might help.
I also emailed company a couple of weeks ago reference the DD. No reply
Slight correction ...
Year to date Optare is down 17% whilst buses in total down 10% (not 4%). Apologies.
29 units. Coincidentally the same as Optare's fig for last Nov. Buses in total up 20% for Nov. Wrightbus reg 70 this Nov and Zero last. As said before, I believe they are working in partnership with ADL or Volvo. Can't remember which. Year to date, Optare is down 17%, whilst buses in total down 4%. Again as said before, reflects Optare's limited product range. The 8.5 to 12 t range.
I have e-mailed company recently but they politely said that they weren't prepared to give info on exports to an individual. They just said that any news would come through press releases. I also e-mailed TorquePR, the current PR co. They haven't replied yet.
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