Member Info for davey50

Atom looks really good online 55-58.5p on the monitor. There is 5000 max online available and that is at 58.5p full offer and bidding over 57p, any support and it's off

Flava amazing how many times you write you cannot buy when you can easily

Hey it might go to 20p it might go back to 9p that is the ponzi style market now on the flyers. Lots of people desperate for quick bucks will take the risk. I will not

Depends how you look at it. No matter how good the news certain posters on here will not be holding in a hours time but claim a price is going to rocket. Weird how existing holders are selling out so they are not happy with the deal. Me personally will not chase anything that has already spiked up a huge %. They were paying 12p in Road yesterday on similar asset worth more than market cap play today they were selling at 7.5..it's just a ponzi how high will people chase the fundamentals mean absolutely nothing now

And the first pump and dumper of the LSE has arrived :-))

You have to get the stock at it's weakest points and then sell on the spikes when everybody wants them.

I sold 1.25p high on the spike and have just bought back 400k at 0.55p, I have bought back higher though and sold at lower prices on the way up but all profit.

Seems like a good level to take a chance again

Just looked in too see all the usual suspects, all the well known pump and dumpers here

"You will never find a more wretched hive of scum and villainy"

This is the most stupidest bonkers backwards market in history and it's all been caused by day traders and pump and dumpers. It does not matter if your NAV is 100 times the share price everybody piling in on a spike will sell out within a day. Do you think the people ramping yesterday with 200% rises to come today are still holding...long gone...these scumbags have absolutely destroyed this game...I'd put Ria in jail for 10 years for market abuse. In the US they probably would but in the UK it's a free for all to post lie after lie and pump and dump

If you go back to 2016 they issue this. Read it and does that means OPG have been getting paid back bit by bit and have £10 mil left to receive. Maybe this explains how they smashed their overall debt the last few years, payments received and cash generation from the existing business ?

05 July 2016

5 July 2016

This announcement contains inside information.

OPG Power Ventures Plc

Renewable Growth Projects Pursued

OPG Power Ventures Plc ("OPG", the "Group" or the "Company"), (AIM: OPG), the developer and operator of power generation facilities in India, is pleased to announce an investment in 62 MW of solar projects as part of the Group's ongoing growth strategy.

62 MW Solar Projects in Karnataka (India) - 25 year PPA - expected commissioning in 2017

The Board has approved the Company's investment of GBP45 million in four new solar projects across various locations in Karnataka, one of the most industrialised states in India. This investment is to be funded from a combination of internal cash generation and debt and the Directors expect all four of these new projects to be generating cash flow by June 2017.

The projects were secured in a competitive bidding process and the Company has signed long term (25 year) power purchase agreements (PPAs) at an average tariff of Rs 5 with Karnataka Power Corporation. The targeted return levels are expected to be met without any subsidies being available.

Maiden dividend expectations unchanged - longer term expectations enhanced

The Board announced its initial expectations with regards to dividends on 24 May 2016 and that expectation remains unaffected by this approved investment. The Company's dividend objective is to attain a pay out of 15 per cent of full year net earnings, subject to the level of free cash flow generated calculated after scheduled debt repayments and expected capital expenditure and progress to a long term dividend strategy that pays out a third of the Company's total net earnings in any year. The solar energy business is expected to make a significant contribution towards this target while keeping the Group on a growth trajectory.

Lol not one trade first 5 mins. This market is screwed, if they are not moving nobody plays, the old school investor is almost extinct "business robust" with fundamentals like that it should be up 30% instantly and should be up 150% overall for a valuation.

No L2 changes opening 3 v 1 at 10.5-11p Peel always late to open

That is the main part of the RNS I like.

I'm not sure of the Debentures but I think it means OPG hold that debt so that is another asset.

So £40-45 mil market cap, last reported net cash £14 mill, profits reported in India (Bse) of 9 months of around £7 mil PBT and they have these debentures on top.

This is getting silly on the value side but then it always did.

Delaying showing a 250k buy 2 days too is shocking and should not be allowed.

A million maybe but 250k is not a fortune on a 10p stock. So by the time they printed it Wins had all the stock back for a lovely profit

They could have easily raised money. I do not believe that bull, I know it's a tough market for raising money but a popular Bio at 3.5p could still have say went to the market and raised say £3 million at 1p, other stocks are raising money and yes some at big discounts but still they push them through. I bet this is where management get the juicy bits for nothing and we end up with feck all. I will be amazed if they return any cash.

I wonder if your post caused the selling today realturbo not that I have a issue with it. The risk you have selling out because no results for a while could be you might miss out on say a surprise bid approach at multiples of the current price etc etc.

They might pull their finger out too and start these share buybacks they promised sigh !

That 45449 that paid 12.35p last week has sold for 12p when 12.5-14p spread, always one to help out the mm's make a lovely profit

Poker games continue on L2 wins naturally drop back after a few traders sell out because it's not moving and now one of the mm switched to the bid so only one mm on 11p, no doubt if that 11p got took out I'm sure Cenkos would switch back to the offer again, it's never ending until the company issues a update

Well they did their shake and got a few but already it's back to NT to buy at 6p and 5 v 1 on L2 so it must surely edge up from here.

6 mm's all 5.5-6.5p.. Singer mm not playing 4.5-7.5p

Online 5.75-6.15p so they are def trying to kill it off for a shake

Cannot even buy 5000 at 5.8p, even with some profit taking to help out mm's it should still go higher, over 6p soon methinks