OPG Power Ventures (OPG): Management succession and update

London, UK, 7 April 2022

OPG Power Ventures (OPG): Management succession and update

The current elevated Indonesian coal price has left Indian thermal power company OPG Power Ventures (OPG) valued at an 83% discount to net asset value (NAV) at end September 2021. Closing this discrepancy should be driven by a) actions being taken to mitigate this cost pressure and b) further details of the potential from the developing sustainability strategy.

Current concerns over the impact of higher coal prices are weighing on the share price. A market capitalisation of £28m versus a NAV of £167m at the half year to 30 September 2021 represents a significant discrepancy, although it may need greater clarity on the pathway through the current coal price pressures for this disparity to narrow. 

Click here to view the full report or here to sign up to receive research as it is published.

All reports published by Edison are available to download free of charge from its website

www.edisongroup.com

About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached - across institutions, family offices, wealth managers and retail investors - Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings.

Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.

Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

For more information, please contact Edison:

David Larkam +44 (0)20 3077 5700 [email protected]

Learn more at www.edisongroup.com and connect with Edison on: 

LinkedIn        www.linkedin.com/company/edison-group-/

Twitter           www.twitter.com/Edison_Inv_Res

YouTube       www.youtube.com/edisonitv