Updates

OPG - Splendid news as state electricity prices are hiked 37% in Tamil Nadu

April 2012

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Right on cue, the State Electricity Board in Tamil Nadu where OPG operates its 77MW plant and has most of its future plants, has lifted its electricity prices by 37% from 1 April. OPG can now follow with its own price rise and remember with costs covered this has a seismic impact as it all falls to the bottom line. Buy. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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