Member Info for Ctw2014

Well if the flooding has affected the price it has at least provided a buying opportunity. And IF there is any impact on generation, it will temporary.

To be honest I think general sentiment on AIM is low at the moment. Most of mine are down over the last few months. Plus I think this is off the radar for most and maybe a little boring. A lot of people on AIM seem to want results in 5 mins and to trade in and out. This is actually a solid medium to long term company in my view, although at the current very low price, could also be regarded as a good short term play too. I don't regard the climate change issue as particularly relevant to the investment case here. For the foreseeable future India will be happy just to get power on line, even if it is coal generated. In any event OPG has plans to diversify into renewables and high efficiency projects. As far as I am aware any flooding has not affected our plant, has it? If you look at the way the eps and P/E ratio is going, this is a no brainier at this price IMO especially when you factor in the prospective dividend. We are at the low point in terms of sp and I cannot see it going down much further, but there is bags of room for it to go up. Good luck!

Seems like a good price to me

Seems like a good price to me!

.....of installed power generation by 2022 here and we have a current market cap of about £35m. OPG in India is approaching 750mw and has a market cap of £277m with a currently depressed sp and a lot of revenue still th flow through into the accounts. Maybe not totally comparable but gives you an idea. DYOR and all that.

'Sells' from yesterday look like buys to me.

That should read fundamentals!

Interesting presentation. Thanks for posting. Funded entails still seem as strong (actually stronger) than ever. Pity about the delays but the rewards are clearly here for the patient imo.

Great news. This is shaping up very nicely.

I can't deny that the sp has lost its recent gains and is back to where we were, which is disappointing. However, I do not share your view of the long term potential here. Coal may be a dirty fuel but the existing plant will go on generating power and revenue for the foreseeable future. They will not be shutting the plant down, and they have already announced plans in the half yearly report to diversify into solar, other renewables/high efficiency projects. I hope you get your break even point, but I will be looking for a bit more (unless I need the cash!)

Unfortunately there is limited volume here at the moment and some impatient PIs have been selling, hence the drop back. The investment case remains sound imo and once people begin to realise the potential I would expect to see this pick up. After all, the new plant is there and generating so the consequential increased revenue/profit is virtually guaranteed.

Maygen operational update out. All looks on track for power generation next year. We just need some publicity to bring some interest and PIs on board and we should surely see a recovery in the sp.

Director purchase

Many thanks for posting

In the Telegraph apparently, and reported in Moneyweek. It's good because we need more publicity for this share.

It's good news of course and shows continuing progress but unfortunately the market is impatient and I agree that in the short term this is not enough to help the sp. I think orders will come but it is taking a while. Meantime the dips represent buying opportunities for those of us with any cash left to invest!

Yes, many thanks for posting. Helpful to get some reassuring info at this juncture.

Whilst the absence of fresh news on sales is disappointing, I am reassured that we are still in a relatively strong position here. Cash burn last year was about €2m. The interims said we should get €1.4 m income this year from the order book as it stood then, so even if we have no more orders that reduces our cash burn considerably and we had about €5.5 or so cash in the bank at the time of the interims. In short we are in a fairly robust position and have time to build the order book. From memory the Chinese off take required a minimum purchase for them to retain exclusivity in China too.

Really need some news to loosen this up and provide some liquidity

Good spot humble, thanks for posting. I noticed that on Cantor's numbers the P/E ratio is down to 11.4 already so falling rapidly with the increased capacity, revenues and profit. Ticking up nicely on the update and market reaction. Hopefully the beginning of an upward trend now reversing the recent falls.