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BubbaBubbaBubba
Posted in: OPG.L
Posts: 502
If the balance sheet way fine why raise cash via debt? If the whole point is to completely deleverage the balance sheet why take on more debtBuying back shares seems so stupid when coal is at record highs and you need to preserve cash for extended periodsRenewables is the way forward not buy backs
Have seen the balance sheet?We need to pay back debt and payables Its not paying anything at 5.9p a share its 10% interest on the debt we will have to pay back
Not sure you would get a 10% interest loan to buy back shares maybe if it was 1% or 2% Will be used for paying for coal and paying back bonds
Their raising more debt via NCD to the sum of 20 million pounds they did a post on BSE
The Liquidation value of the power plant is worth more than the share price imoUsing research of a sale by a bankrupt utility firm earlier this yearThe Power plant is only 10 years old and can use any sort of coal
Do Total assets - intangible assets then take away the liabilities
Book value per share is nearly 50p will be about 55p when debt is goneHow can share price be 6p?
Exactly mateWish they would sell up tbf and focus on renewables
Results out next week we should know then hopefully they do a presentation so we can ask questions
They invest a lot of money in NCDs themselves such as canara bank and State bank india
If you read the opg power generation Ltd annual report it lists them all. Their all to do with grow in india
They made a loss last quarter if you didn't see my post on advfn They already posted results on BSE
Posted in: COST
How is it going under? would love to see your reasoning
Yea mate no chance of going under, this is ridiculously cheap just doesn't seem to be much growth, would love to see acquisitions
Plant load factor under 30% for last 3 months ending September 30th
we need ici4 at 60 mate 90 still to high
Ici4 still at 90$ I wouldn't say free fall mate
What share price average you got?
chance to buy more a lot of these dodgy companies drop 50% in one day also
Can they not get grants? not sure they will do a raise cos that would dilute their ownership They did speak about hydrogen but I have no clue about that or how much it costs cos I expect it doesn't come cheapI'd love to ask them questions but they don't seem to do investor presentations anymore and there news flow is none existent
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