OPG's production performance is strong: higher utilization rate at Gujarat and Chennai. Additional long-term perspectives comes from solar plant commissioning in Karnataka in 2019. However, I do not believe in significant perspectives for company's growth due to high and uncertain coal prices
I believe the shares represent compelling value as JLIF's portfolio shows strong performance, the star assets were: (1) InterCity Express (higher cash flows), (2) A55 road (lifecycle cost savings and a strong performance).
HICL is rather attractive investment. Its long-term IRR target 7-8% and I believe that this target is likely to be achieved as its NAV growth is in line with expectation and its portfolio has good cash flow generation.
OPG's production performance is strong: higher utilization rate at Gujarat and Chennai. Additional long-term perspectives comes from solar plant commissioning in Karnataka in 2019. However, I do not believe in significant perspectives for company's growth due to high and uncertain coal prices
I believe the shares represent compelling value as JLIF's portfolio shows strong performance, the star assets were: (1) InterCity Express (higher cash flows), (2) A55 road (lifecycle cost savings and a strong performance).
HICL is rather attractive investment. Its long-term IRR target 7-8% and I believe that this target is likely to be achieved as its NAV growth is in line with expectation and its portfolio has good cash flow generation.