The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
So how does this play out ? When does this turn around?
I am struggling to think about the turning point but invested for the long term …
We have seen term loans being paid off as scheduled l
Expected increased demand for electricity as India grows
COVID
Hi Coal prices
Economic downtown in 2023 ?
RT - the logic makes sense
Coal price is killing this share
Fundamentals are evident - term loans be paid down - demand - contracts- profitable on the horizon - demand for electric is only going one way …
Hoping to buy more next week (
I have been reviewing the options for buying more shares.
My average is circa 16p have averaged down over the years ( so not great)
But thinking at 6p with and contingent on a decrease in coal prices - it should move back - circa 20p in 12 - 48 months which I can wait for...
Thoughts on time frames for coal prices and effects on share price ?
Well certainly an exciting ride - raising more cash seemed to be the only way for a chance of a profitable future. The gearing is not. Attractive but let’s look 3-5 years down the line…
Interesting to read Yew tree £105M and Mercedes £56M will invest more dispute further dilution. Would PIF pre order electric vehicles ?
What is the alternative here ?
As a long term holder the share price has crashed to a new low.
I had expected this to moving towards 30+ with the terms loans being paid off and the price of coal subsiding this year.
This has to be a great buying opportunity - markets seem to be getting hammered everywhere
Interrupted as - rounded up
15% shares = £60m
nominal values - £8.8m relates to the share price and money to spend
8.8/60 = 0.146 - share price 14.6p
So this does not work as buy backs would be at a premium -
So the most important thing for Sh would be the buy back price …
BBB
I would have expected the share price to increase dramatically if that was the case.
Share buy backs are usually at a premium.
Where on the website are you looking - I can see the resolutions passed in the pdf doc but not the resolutions…
Thanks Nathan
Also heading higher is OPG Power Ventures. Posted this morning by Proactive Investor still looking for the source from OPG
https://www.proactiveinvestors.co.uk/companies/news/961795/b90-holdings-takes-a-successful-gamble-on-norwegian-deal-961795.html
Shares in the the developer and operator of power generation assets in India are up 5.28% to 12.37p after it reported an increase in full year profits from £14.5mln to £21.6mln.
Chairman Arvind Gupta said: "We are proud to report that OPG was comfortably in line with full year market expectations despite the disruption caused by COVID-19 and unfavourable market conditions. OPG delivered very strong cash generation and achieved a significant reduction in debt during the year."
The company said that while challenges to the economy would continue in the current financial year - not least rising coal prices - it has "strong foundations, allowing us both to manage the ongoing COVID-19 situation and to pursue growth sustainably. The company's medium and long-term fundamentals remain unchanged with strong cash flows and a reduction in debt enabling the long-term profitable business model, responsible growth and sustainable returns to shareholders
BBB
Theses guys seem to be always late - but what I do like is they do and try and put positive spin on things. Talking about what they have achieved recently and projections for the current FY should help - as I understand things have improved…
Football is not my thing; so definitely not
I have been invested in this pig for over 5 years with the expectation it will go 40p plus …
I believe we have reached the bottom - having bought in at 13.1 - 300k I did not expect this to drop so far.
The fundamentals are solid - especially as they continue to pay off the term loans.
COVID impacts seem to be easing …
When does this bounce back ?
December - January ?