The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Strange shareprice reaction following the investor presentation, maybe because of the vague answer regarding dividends,
however they did refer to the strong cash position indicating it shouldn't be to long before shareholders are rewarded.
35 years plant life left so wouldn't worry to much
If the replacement cost is £350million for a 50year plant with 35years left to run OPG's plant should have a value of approximately £245million reflects how undervalued OPG currently is
Should see a good jump this afternoon after todays investor presentation
Definately on the
"The Company expects to deliver strong operational and financial performance".
I said they had underplayed their target price back in September now updated to 27p and still shy of the mid 30s i expect over the next 5months
Will be a big jump in shareprice after Fridays investor presentation.
Limited stock so SP will rise quickly
Happy Xmas !!!
More big late buys good news about to drop
RNS this week
Https://www.google.com/amp/s/www.thehindubusinessline.com/markets/indian-energy-exchange-prices-surge-68-y-o-y-in-october/article67503543.ece/amp/
ALL BODES NICELY FOR A GREAT RUN UPTO FULL YEAR RESULTS, WHERE PROFITS AFTER TAX SHOULD BE 12-15MILLION
YOU WOULD ASSUME THEY WOULD WANT TO CARRY OUT ANY BUYBACK PRIOR TO MUCH POSITIVE NEWS WHILE THE SHAREPRICE IS SO UNDERVALUED.
When would the company have to announce they had been buying back shares.
Nobody knows better than the Guptas how undervalued OPG currently is, buying back now would be a great move, even better if they had already started buying back.
They could commit £12million to a buyback if the shares where available from any ii like MG although they may already have sold up.
With the profits they are back making won't be long before this hits 20p+
A year from now and i see this trading at 30p-40p a share.
When RNS lands it will confirm things are finally back on track with last quarter profits of £3,000,000 and improving.
Equates to a P/E ratio of 4 and also shows how undervalued OPG is.
I expect when the RNS lands the forward outlook going into 2024 for 24/25 will be very very positive with a mention of dividends
CREEPING UP AS WE GET CLOSER TO A VERY POSITIVE RNS RELEASE GIVING UPGRADED F/Y FORECAST.
EXPECTED TO LAND NEXT WEEK
Very positive interims and last quarter should jump when the RNS lands
Should turn over 140-150million
And showing around 10% profit so full year estimate around 15m aound 30% of the current M/C.
Way undervalued !!
All good things Davey won't be much longer before this breaks into twenty's
Should re-rate on the back of the interims in about 3weeks time.
The institutional seller has been what has been holding OPG back. Assuming they are now cleared this should start to fly. Its a shame the investor presentation was cancelled yesterday.
But maybe best to delay it and arrange to do it after issuing a set of fantastic interim results to wet the appetite of any new investors.
The management have proven themselves navigating the last 2years and still turning profits, the good times are back and we will see continued growth over the coming months and return of dividends.
Interims due in a few weeks will show increased profits and really catapult the shareprice to 20p+
Also expecting a return to dividends for 2024
First 6months showed a loss
Final 6months to april 23 have generated over 10m in profit
PLF has increased since april and coal price has continued to fall, looking forward to the interim results should be well on track for 30m profit for y/e24
Should be an interesting day as most of the shares are tightly held so should rerate quickly.