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Https://www.bseindia.com/stock-share-price/opg-power-generation-pvt-ltd/1075opgpl26/975032/corp-announcements/
So the hope is they get all the data, announce trading way ahead of forecasts because we already know that. Combined
with people buying back after tax selling the shares rocket to 20-30p where they should be "robust" trading....read ITX's trading update, they just done almost 200% recently to a market cap almost the same as OPG and for what a 40% rise in turnover from a tiny $5 mil to $7 mil never mind any mention of profits ffs
Something just does not feel right here does it
Goes against the numbers being said here
Distressed seller has been selling for a while now
Which is fine but there is no buyers to take it up it seems
Must the goal thing
Usual manipulation dropping the bid while there's a stack of buy orders in auction at 10p or higher and has been for a month now. Maybe this is a clever way of building up a stake without moving the price. See how many get filled in the UT at 10p this time at 11am
2 days left for tax year, makes me wonder if they are just fishing for tax loss sellers too. No delayed sale for the drop in the bid. Never ending this manipulation.
Some solid buying out of nowhere and online looking equally perky now 10.9p to buy. Perhaps the 150k was the last of the overhang worked when somebody piled in and bought 4 lots of £10k in seconds. 138k buy at 10.84p too, note the little punters do not play because it does not represent a fast buck trade.
Cenkos trading update this morning, market cap now same as OPG no mention of profits or losses just saying business is good and shares are up 30%. It's just a 100% momentum market so when OPG does issue their numbers whenever that will be there surely will be a flood of buyers getting in
Seller at it again today
I am just waiting for the signal when this will clear up before adding to my initial holding bought at these levels
I assume seller wants out before results
Cake Box full year trading update ahead of forecasts half year £2.4 mil PBT and net cash £5.9mil market cap £64 mil.
OPG half year results more profits, over double net cash, business robust market cap £40-45 mil..
Well the seller has old into the 100k buyer
Who is selling these in dribs everyday?
Was more news in Bse India again. Wonder if that is what caused the buying or maybe a few people waiting for signs of life and then buying, note how quickly the mm's run for cover on a few buys. Shows how they love to manipulate down on similar small scrappy selling.
2 more bits of news on BSE again today, but who cares I think I'm the only person left holding OPG on here.
I have a significant holding but have been reducing. I don't think there is much that can lift this share, short of strapping it to one of Elon Musk's Falcon Heavy rockets.
Investor relations are none existent.
Those expecting capital appreciation may not have realistic expectations. The best we can hope for may be a divi?
I welcome your honesty Bismark but you say what can lift this share when you are stopping any rise by persistently selling small amounts each time it threatens to move. Also selling when we already know 9 month results already match or beat the whole years profit forecast. I cannot bring myself to sell a stock with such sound fundamentals in a bear market myself.
If I were you I would sell Hummingberd while you still can and hold onto these.
There are daily UT trades most days which is aiding the seller to get out , keeping the shares between 10-11p
Bismark are continuing to sell ?, or is there another seller about