Updates

OPG - Cashflow projected to ballon to Â£100m

January 2013

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.

Having reclassified the group's two minority owned power plants as investments last year, latest H1 results do not consolidate them this time round. Instead, the numbers reflect only the income from the 77MW Chennai I power station. Pretax profit was flat at Â£2.51m for eps of 0.4p.There were 25 days lost during a planned shutdown whilst Chennai I was integrated with its twin, Chennai II, in the final few days of September so the latter did not contribute in these results. The average tariff at Chennai I was higher at Rs5.67/kWh but currency and the fewer operational days meant sales came in Â£1m light at Â£17.8m. The average cost of power produced was up 18% from Rs2.75 to Rs3.26 mainly due to the rupee depreciation, which ...

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Advanced Computer Software

OPG Power Ventures - Potential beneficiary of coronavirus (March 2020)

OPG Power Ventures - Inextricably linked to Indonesian coal (May 2018)

OPG Power Ventures (January 2016)

OPG Power Ventures (May 2015)

OPG Power Ventures (December 2014)

OPG Power Ventures - Hitting the motherlode in November (September 2014)

OPG Power Ventures - Shares finally pop over 100p (June 2014)

OPG - On track to grow from 234MW to 700 MW (July 2013)

OPG Power Ventures (November 2012)

OPG Power Ventures - Excellent operational progress (July 2012)

OPG - Splendid news as state electricity prices are hiked 37% in Tamil Nadu (April 2012)

OPG - 77MW Chennai plant on full throttle (March 2012)

OPG - State owned utilities file to raise their prices which could benefit OPG (January 2012)

OPG Power Ventures - Six-fold increase in capacity to 742MW by 2013 fully funded (September 2011)

OPG Power Ventures (August 2011)

OPG Power - Ambitions grow four-fold to 5400 MW capacity by 2020 (February 2011)

OPG Power - Target capacity of 1200 MW by 2015 (January 2011)

OPG Power Ventures (June 2010)

OPG Power - Excellent buy opportunity (March 2010)

OPG Power Ventures - Annualised capacity 256% higher already (January 2010)

OPG Power Ventures - Whopping 13-fold increase in capacity in two years expected (July 2009)

OPG Power Ventures (September 2008)

OPG Power Ventures - Profitable Indian energy group (July 2008)

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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