We would love to hear your thoughts about our site and services, please take our survey here.
Thanks for the clarity Dani, all looking very positive
Surprisingly, even OPG Power Generation submitted an EoI for Coastal Energen. An OPG Group company Bhadeshwar Vidyut is separately undergoing insolvency proceedings wherein two of the largest corporate houses - Reliance Industries and Adani Power - have shown interest. The RP of Bhadeshwar Power has admitted ?3,463 crore claims.
CASH with an avaerage tariff of 9.5 and coal heading back to record lows.
9month will be on a Friday followed by full year on the Monday when we should see a massive jump in share price.
Outlook for the next twelve months should see an instant jump of 30-40%
Coal down another 13%, all bodes well for OPG
With increased electricity demand it should see profits over the next 12months surpassing pre-covid profit levels.
Exciting times ahead
Agree its more the positive outlook and the coming months. Anyone who has followed the story here knows this and next year will be.
Hats off to the management who have done an incredible job to still make profit considering all the economic circumstances over the last 2-3years
Management very keen to start rewarding shareholders
Good results (due imminently) will see this jump 33% +
Cracking couple of years coming up
Perfect
With increased tarrifs can see EBIT breaking 40million next year and only a £36million M/C
Absolute bargain buy
https://www.google.com/amp/s/m.timesofindia.com/city/mumbai/now-best-proposes-up-to-18-hike-in-power-tariffs/amp_articleshow/97263214.cms
Tariffs & Profits going up
Assets are worth alot more than 187million
Anyone looking to buyout would need to pay at least 250million
Miles off at 42p
Book is 60p
Indian Energy companies already proven to be the target of buyouts, OPG is highly profitable and would easily draw a slight premium.
They say there is one born every minute or maybe two
Check the history of the BOD
M&G have been offloading for months which has weighed the shareprice down, inflated coal price hasnt helped either.
Now both the above are behind us OPG can quicky head to its true market value 70p region
I personally think it will be a very quick recovery.
OPG is way undervalued purely because of the 42million M&G shares that M&G had to sell.
Positives
II seller gone
Still managed to show profit when coal was mutiples of todays price.
Asset Value per share = 70p -90p
Definate buy out target (Guptas i expect wouldn't sell for less than 50p-60p a share) 6x todays price.
Coal price still in free fall
Electricty tariffs up
Company intention is to resume dividends (expect between 1p-2p year ending 2024
2p-3p year ending 2025
Debt is paid down to allow the above
Large invested interest by the people running the show
Had M&G not had to sell this would still have been trading at multiples of todays price and now that weight has been removed we can start to enjoy watching this play out.
Should be enough to see it shoot above 10p
Onwards and upwards back towards a realistic level now a home has been found for M&Gs 42million shares, brakes are off and its starting to fly
Still along way ogf the true value here
Shouldn't be long
This will be the best performing share this year
Still time to join the ride
Electricity tarrifs up
Coal prices down and dropping
If OPG isn't bought out over the next 2years i'd expect them to be paying dividends in the region of 1.5p a share annually 24/25
20% annual return on any investments made now while the share price is so undervalued.
Everything coming into line
This will rocket over the next 6-12months