I agree have held this a short while now. Slow and star day has seen a solid start. I am looking forward to the trading update. This should be the first one where some of the newer plants will count I believe. Please feel free to correct me if I am wrong. I expect a good update on power output and revenue generation. The bonus feature will be any news on further expansion of power output.
I agree that its not going to make 30% in a day like some shares on AIM. I do think it will make a nice stable steady rise to that though over the next few months. If you like boom and bust trading then this certainly isn't the 1. If you are an investor then I think its worth going for
Aclay47 - thanks for the explanation - no I have never been attracted enough to watch Forest Gump ! I share your view re. healthy company although I do not think it will make a quick fortune for us more steady as she goes.
Ha ha have you not seen Forest Gump then? Bubba Gumps boat was the only boat available to catch shrimps after a storm destroyed all the others and hence they had the market cornered and made a fortune! Most power stations in India have been struggling to get coal. However, OPG has not had this problem. It looks like a nice healthy company to sink a few quid into and make some heathy returns.
All looks good to me .....tiny spread...tipped in the papers....making a healthy profit ( to be increases by 50% this year....dividends soon. Has been producing power when Indias state owned stations are struggling due to lack of coal. Surely this company is to indias energy resources in the the same way Bubba Gump was to shrimps. A nice healthy rise since Sunday...where is the downside?
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