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Resources analyst Charlie Long sees good times ahead for uranium Watch here

Resources analyst Charlie Long sees good times ahead for uranium


Opg Power Share Chat (OPG)



Share Price: 40.75Bid: 40.50Ask: 41.00Change: 0.00 (0.00%)No Movement on Opg Power
Spread: 0.50Spread as %: 1.23%Open: 40.625High: 40.75Low: 40.625Yesterday’s Close: 40.75


Share Discussion for Opg Power


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evileye
Posts: 95
Off Topic
Opinion:No Opinion
Price:40.50
RE: India going nuclear...
Thu 09:27
Nuclear power of this magnitude is at least 15 years away, if ever.
 
holycustard
Posts: 86
Off Topic
Opinion:No Opinion
Price:41.50
RE: India going nuclear...
Wed 13:47
Well, I'd go with your theory, APA, if nuclear power stations were imminently going to open. Surely it's going to take years before India can get to have 10 nuclear power stations up and running.

In the meantime, India is going to need power (not least, ironically, to build these nuclear facilities, I suspect) so OPG is well-positioned just now albeit using coal. Equally, OPG developing renewables, so should be more positive.

Whilst I appreciate your thoughts here, APA, I think it a little overly pessimistic to suggest that OPGs price is being depressed by having these newish, but already obsolete, coal-fired power stations when any other option is realistically, a long way off.

Mind you, what do I know!!??
APAcquisitions
Posts: 271
Off Topic
Opinion:No Opinion
Price:41.25
India going nuclear...
Tue 19:50
May explain dip? Long-term reduction in demand for coal...

http://www.reuters.com/article/us-india-nuclear-idUSKCN18D21X
Ctw2014
Posts: 1,259
Observation
Opinion:No Opinion
Price:40.75
Slipped but.....
Mon 20:14
something interesting is going on if those 4 trades at the end of the day were buys - could somebody be mopping up cheap stock?
Ctw2014
Posts: 1,259
Observation
Opinion:No Opinion
Price:41.25
4th quarter trading update
19 May '17
Definitely agree that the drift is getting boring but look at those four trades at 16.09 today. They look like buys to me.
holycustard
Posts: 86
Off Topic
Opinion:No Opinion
Price:42.00
4th quarter tradingupdate due......
19 May '17
...on 31st May. Not long to wait to see how the company has been doing.

The drift in sp is worrying although if the news was that bad and had been leaked I guess the fall would have been sharper rather than this sustained drift downwards (which I suspect is largely due to sentiment not being in our favour and, as ctw2014 has said, a persistent seller).

Looks like no-one went to the presentation on 10th May. I can't find any info from the Sharesoc site. (I believe they presented at a Sharesoc event).

Whatever, I'm still here until we have more definitive news one way or the other, although this continued drop in sp is getting a tad boring now, I have to say!!!
Ctw2014
Posts: 1,259
Observation
Opinion:No Opinion
Price:42.50
Price
16 May '17
... today that is.
Ctw2014
Posts: 1,259
Observation
Opinion:No Opinion
Price:42.50
Price
16 May '17
But we finished blue so that's something.
fcruz
Posts: 4
Off Topic
Opinion:No Opinion
Price:41.50
price...
15 May '17
Some big buy's but price still going down and down. Disappointing...
evileye
Posts: 95
Off Topic
Opinion:No Opinion
Price:42.25
View Thread (2)
RE: When
12 May '17
Firstly, I'm not currently a holder, but I have met Ajay, the company's Investor guy on a few occasions. This is my view why the share price has been heading south for sometime. Investors got into OPG because it was a simple model, build a couple of power stations and sell the generation into an expanding developing country. Once it started to throw off cash, it would be sold off to s specialist energy fund. Easy, but we had delays, which caused the highs and lows in the share price over the years, as investors moved on and new ones came in. What has shifted in investors sentiment since the middle of last year is solar power. This wasn't part of the original deal and the business model changed. This has led IMHO, some of the older investors to sell. New institutional investors will come in, but will won't to see this new model work first. Thus the catch 22 at the moment, older holders selling and few panic stricken PI's selling out. This business generates high levels of free cash flow and the people behind it do know the pitfalls of working in India. Personally, I think you will double your money from here on a 12 mth horizon, but it will need the management team to convince a new set of investors that OPG will be a major energy player in the next 10 years and that anyone investing is in for the long haul.




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