Member Info for Ctw2014

For me it's very significant that FOX has in 2017 moved from financing itself from a series of placings (and a convertible loan) to traditional debt. Holding off commissioning the factory to conserve cash ahead of revenues was also sensible in my view (even if a tad frustrating). Cash burn should be reducing as revenues come on stream. With a trading update due after the end of this month, along with the factory coming on stream, I think things are looking pretty rosy here. Whilst it will no doubt take time to move into profit the share price will respond favourably as soon as investors can see that we are moving in that direction. That could become apparent pretty soon imo.

We had positive coverage in Shares Magazine and Investors Chronicle recently and a brief mention in Money Week. Apparently covered in the Daily Mail a while back too. A repeat now would be just what the doctor ordered. Good value here at a projected p/e for year ended 31/3/17 of 7.7 falling to just 6.2 in 2018. We just need more people to notice!

Well put Wuffle. Opg has a compelling investment case imo. It is generating good profits right now. It is very cheap on a projected p/e of 7.5 for year ended 32/3/17, reducing to just 6 in 2018. Its debt is more than manageable especially since the recent restructuring. It has paid a maiden dividend and there is the prospect of that increasing significantly. It has good broker ratings (for what that is worth). It has growth/diversification potential into solar. The only fly in the ointment is our persistent seller, who is still around. However, recent share price performance shows very clearly how this can move up nicely if volume increases as a result of more publicity and/or the seller stays away or slows down. It's simply a matter of time imo before value outs here.

Looking forward to the trading update after the end of this month. Not long to wait. Not expecting major fireworks until the second half but given CG's comment that 2017 started 'with vigour' I am sure we will see some better revenue figures beginning to come through. That should restore some confidence and give us a bit of a boost. Sorry to repeat but some people only look at the last few posts!

Agreed, not a sale but simply a transfer of part of his holding to an entity controlled by his wife.

Thanks IsolatedBod. Completely agree that the slide is due to lack of news. Doubt it will be long coming. There may be rules but rules are there to be broken as they say. Seen it all before sadly. GL.

Surely nobody can believe these two aren't one and the same? Can't be two on the planet like it. Just saying. For transparency I am out for the moment as the steady slide (in common with plenty of other good companies) was nibbling into past profits here a little too much. I will buy back in when it turns, which I am confident it will.

I am actually as pleased as punch with today's trades and sp movement. As stated, some very nice round number buys, and no sign of our seller today. I would rather have regular 1 or 2% rises for a sustained period than sharp spikes and drops that just attracts speculative trading and volatility. This has been drifting slowly down for an age on persistent selling but now it's started to creep back up. Long may that continue. It should logically, as it is clearly undervalued imo.

Because it's already profitable and cheap as chips. Look at the forward P/E ratios.

OPG gets another mention in Friday's edition of Money Week, picking up on the story in Shares Magazine: 'A dividend boost at India based power supplier OPG Power could take the 2019 income yield to 7.1%..' The more publicity the better for this off the radar little gem.

Welcome on board Eshaitan. My guess is that you are timing your entry perfectly! GL.

...for the HCV kit was expected by the end of this month, so hopefully news soon!

That would be brilliant if it happened. This is still under the radar to a significant degree despite those helpful articles in Shares Magazine and Investors Chronicle. How many profit making companies can you buy with a p/e of just 6.8!? (Projected for year end 31/3/17). I have been plugging this on twitter for all I am worth. Any assistance in that department gratefully received!

We will be getting a trading update shortly after the end of this month. Given the comment that 2017 started 'with vigour' I would expect to see revenues substantially up on the 2016 figures. Hopefully we will also get confirmation that the polishing line is up and running. Should see the sp tick up imo, but dyor.

.... would back off we would go much higher much quicker and he would make more money later!

Genuine should read getting

Should surely be genuine news on the turbines going back in any day.

Putting my money where my mouth is so to speak. GLA

Seller could still be around (see 100,000 sell earlier) but outdone by strong buying pressure. We just need this to be sustained for a few days and even the seller might be persuaded to wait for better gains. Some positive tweets on twitter might help folks. I have been tweeting away and that seems to be the thing these days and brings the share to a wide audience.

....this morning, which will also help. Great to see this beginning to turn. Plenty of upside from here if it continues.