Member Info for martinu

Press Release - Mainly about EVs on show at LCV2013. BUT ... also mentions, "Exports have also commenced with a recent delivery to Switzerland and an order in the pipeline for Holland due to be fulfilled by mid December." Get on!!!

I don't usually have any influence on announcements! :) Wed 15.34

No appetite found for buyers yet, to find a support level. Hopefully not much lower than 0.25. I'm not a chart expert, but some of the indicators are falling off the bottom of the scale!! We really need some good news, AND soon.

Thanks for clarification.

I agree on the circa £100,000, I would say a little over this. Not sure about 80 x 100,000 = £20m though. Isn't that = £8m?

In the annual report, it says that current order book, ie end July/ start August 2013 is 20.2m. Would anyone care to make an estimate of how many units this represents, please? Report says this was up from 12.2m at end March 2013. Thanks.

allex - they have now appeared, where I was looking. Sorry.

allex - i give up, where on the website are they? Are you referring to prelim figs published 9th? Previous year?

I thought companies got government subsidy for Electric Buses. Seem to remember 80% of difference between cost of Electric Bus and ... Not sure what benchmark is for comparison. Wont this affect calculation?

Allex - it could be that these are not final results as they need to add extra info, like directors' emoluments (ha!), breakdown of exceptional items, and other tables of figures under "notes to consolidated financial statement", like in last years annual report.

Good volume today and without checking that closely, seems more buys than sells. However, with all the business done, at start of play bid = 0.31, ask=0.32. And at the end, just the same.

... although 3m today, this is small beer given price. Need daily vol of c. 10m to make a bit of difference. And for these to be mostly buys. Trades on here show all sells, though I know not always reliable.

31 new buses reg by Ope in July. Well down on last July, as are most others ex Wright, Setra. Year to date, also down, inline with others too. Could have been worse, given lack of PR from Ope.

... for July out tomorrow afternoon. With no press releases from Optare recently, I fear they may be low. Worst case for me around 10 for the month. Best case mid 20s. Hope its the latter, but not easy to predict.

Good find, mrcrisps. As not much news come out recently. Thanks.

Wonder if this might get a small boost from AIM shares now being eligible for ISAs.

0.31/0.32 on HFX website live, but not great whatever!

Thanks. See my post below Mon 21.20 re: comment by poster on iii message board.

It was suggested, either on here or adv, that results might be published tomorrow. To coincide with a meeting Ashok are having, re their own q1 results. On iii a poster says he has been told by Optare that board have approved results but that they wont be published until Aug. Any thoughts? Other info?

On the subject of debt. There are some figures in the AL annual results for Optare. These are for 2012 and 2013 (presumably FY 11/12 and 12/13). They are a bit difficult as denominated in Lakhs. Lakhs I understand are 100,000 (eg of Rupees). Also there is the varying exchange rate to consider. In my view, about an average of £1 = 75 rupees in 2012 and £1 = 85 rupees in 2013. These are the figures (in Lakhs) then my conversion to £m's. I would be grateful for anyone crosschecking my figures. 2012 2013 Loans repaid (by Ope) 1161 1460 Loans given (to Ope) 3795 3080 Loans outstanding (for Ope) 2606 4193 Financial guarantees 9696 487 In £m's but do your own checking of these before use 2012 2013 Loans repaid (by Ope) 1.55 1.72 Loans given (to Ope) 5.06 3.62 Loans outstanding (for Ope) 3.47 4.93 Financial guarantees 12.93 0.57