Member Info for Ronaldtrump

Its only a matter of time and this will rocket

Anyone who has followed OPG knows how undervalued it is

Buying at these levels and in the space of 2years i can see it yielding 20-30% per annum in dividends, just another reason to buy.

Agree Davey short term there is massive upside as they are clearly back to making large profits.

Long term i think OPG is a very well managed company that will continue to grow.

Short term forecast for 2024 35p

Forecast for the next 2-3years 60p-70p as the company starts to supersede historical profit levels.

Good move if they get someone in who is more investor relations minded.

Should start to move back up this week with Q3 expected to drop.

Update this week ⁸

He is but its the company secretary role where he has been replaced , could simply be that as CFO he doesn't have the time to undertake the obligations of secretary aswell.

He clearly failed in the role and communication with investors has been poor to say the least, happy to see this move as it indicates the company realises it has been lacking in this area.

Thanks Bubba thats great news, his performance as company secretary has been appalling and it is about time he has been replaced after repeatedley failing to keep investors and the market updated with crucial news reporting.

He clearly hasn't been doing what a good company secretary should and i doubt he had much choice in his resignation (that or be sacked) one things for sure the new appointment has to be an improvement.

Looking forward to more updates and a stream of positive newsflow

I thought this week would test 10p before the price would start to move back up as Q3 results could land next week or the week after.

Should see an attack on 14p on the build up to results and an updated f/c for f/y24

2 big sales only just showing from Friday

Another shake next week prior to Q3

Be a good chamce to top up or buy if it goes close to 10p

Any news about to drop ?

Should now begin to see a steady uptick to around 15p-16p as we quickly approach the next trading update, then if the results are as positive as expected the shareprice should catapult above 20p

Y/E MARCH 2019 EPS = 4.09P

2020 EPS = 2.6p

2021 EPS = 3.27P

2022 EPS = 2.23p

2023 EPS = 1.8P

Good results considering the impact covid and then Ukraine had on coal prices increasing over 400%.

Now coal prices have dropped back to almost pre-covid levels its fair to expect the EPS to increase considerably 3.5p-5p

Not bad for a share trading at 12p

Looking forward to 3rd quarter results in 4weeks

Should see us approaching 20p

What for ?

Covid and coal wont happen again, onwards and upwards, look to the future, dwelling on the past won't get you anywhere

Whys that Bubba ?

Surely everyone who bought at 6p is winning

Well done on averaging down to 7p Bubba

This was all set to fly 3 years back when momentum took it to 20p a share then covid hit following that coal prices went off the scale when Ukraine was invaded.

So slightly unfair on the management to call them liars

They have done a tremendous job under those unprecedented circumstances and had it not been for the above i have no doubt this would already be trading close to £1 per share.

Unfortunately things did happen and it has slowed progress, but now the business is clearly back on track with turnover and profit set to exceed pre-covid levels.

The only issue i would have if any with the management is they don't do enough to promote and sell the company to investors you could say they are to honest (surely not a bad thing).

Its inevitable that this will hit 30p+ its just a matter of when

The next next quarter and then full year results in April will determine how quick it happens

Agree Davey this week and next to shake rid of the weak holders then we should build some nice momentum as we run upto 3rd quarter results.

Great to see Cavendish increase their target price from 19p to 27p on the back of the 1st six months, highly likely this will increase again when the next quarter is released end Jan/early feb, hopefully inline with my expectation of 36p

Yes brilliant Bubba well done you nailed it lol

On the back of the last quarter and current record PLF we should see a steady uptick is shareprice over the next 4-5 weeks when 3rd quarter results will be announced then BOOM

Sounds like you sold to many to soon bubba at a guess just before the shareprice double possibly lost your nerve just before the temp suspension and it still stings.

They never said there would be buybacks in 2027 or 2029 no actual dates mentioned.

They have a net cash position as of Sept23 of 14.5million that will surely improve reason being in Oct they are operating at a record PLF.

(again not sure what you say you was watching but i never heard them mention being in a net debt position).

Last 3-4years have been unprecedented with covid and then Ukraine and lots of energy companies have dissapeared and some have weathered the storm like OPG (thanks to excellent management) and bounced back to post record profits.

Watch this space full year 2024 not far away

With a bit of luck you won't have sold all your holding at 6.5p