206% profit increase on 6 month figures. Chennai III now really contributing and deliver well on time and in budget Gujarat brought forward 3 months IMO, a momentous RNS in the OPG journey. I'm not selling a single share, huge market demand that isn't going away
Excellent rns. All looks well and on schedule . Next year looks transformational for Opg in spite of currency exchange rates. Projects ahead of schedule and within budget. If this does not move the sp then truly do not know what will. Hold on for 100p and above.
Great news today. Paves the way for good, de-risked SP growth as we head into 2014 when we open up our 2 new projects, which will transform our EBITDA. OPG is a professional outfit, who have always delivered so far. New projects fully funded in a market where demand heavily outweighs supply. I'm targeting 120p+ within 12 months based on the extra MW coming on line. OPG is not yet on a lot of radars, but more news flow should change this and bring the sp growth with it. Cheers
The weakness of the Rupee against the dollar and sterling has indeed had quite an effect on OPG as it collects it revenue in Rupees but reports in GBP. That said, we have a lot more Capacity coming on stream next year so whatever happens to the Rupee in the short term, this is a good long term investment in my opinion.
Personally I would not invest in OPG for short term gains, this is surely a long term investment. The big plus point is that OPG is fully funded and all plants under construction are fully funded, so there won't be any dilution by the issung of more shares to fund them. I consider OPG to be a great long term hold.
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