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POS Plexus Holdings Plc

14.75
0.00 (0.00%)
Last Updated: 09:05:22
Delayed by 15 minutes
Plexus Investors - POS

Plexus Investors - POS

Share Name Share Symbol Market Stock Type
Plexus Holdings Plc POS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 14.75 09:05:22
Open Price Low Price High Price Close Price Previous Close
14.75 14.50 15.00 14.75
more quote information »
Industry Sector
OIL EQUIPMENT SERVICES & DISTRIBUTION

Top Investor Posts

Top Posts
Posted at 21/3/2024 09:39 by jeffian
Mornin'all.

Successful investors? Here? Whatever next!
Posted at 05/3/2024 10:18 by jeffian
Mornin'all.

I note that the Ethiopian hole in the ground (is there one yet?) managed to raise the mighty sum of £450k via Primary Bid. It (PB) really is a tuppeny-ha'penny outfit, fine for the likes of Kefi but not proper companies. I wrote to one FTSE250 company I hold when they used them 'give retail investors' the chance to participate in a huge fundraising that was mainly via Placing, complaining that this effectively shut existing PI's out of anything but a handful of shares. Didn't get a response needless to say.
Posted at 17/2/2024 17:30 by disc0dave46
Would prefer talk and additional knowledge about the company and more clarity on what the details are with that licence agreement with SLB, as per the latest contract news. Although any licence fees to be paid, or received, could be minimal I'd still like the company to provide that detail and perhaps Paul could help with that.As for his podcast today, IMO he can do what he likes, no problem there, but perhaps it would have been more prudent to keep his trades, and the price of these trades to himself, in my mind this could now end up with the reputation of being a pump and dump stock with longer term investors staying clear.
Posted at 16/2/2024 17:49 by bloomberg2
Plexus Holdings Plc Licence Agreement with Cameron, a Schlumberger Co.Source: UK Regulatory (RNS & others)TIDMPOSRNS Number : 7508EPlexus Holdings Plc10 November 2020Plexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services10 November 2020This announcement contains inside informationPlexus Holdings PLC ('Plexus' or 'the Company')Licence Agreement with Cameron, a Schlumberger Group companyPlexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP(R) friction-grip method of wellhead engineering, is pleased to announce that the Company has entered into a licence agreement (the "Agreement") with Cameron International Limited ("Cameron"), a Schlumberger group company, the world's leading oilfield services provider.The Agreement grants a non-exclusive licence to enable Cameron to use the Company's POS-GRIP and HG(R) metal-to-metal seal method of wellhead engineering for the development of conventional and unconventional oil and gas surface wellheads.Pursuant to the Agreement, Cameron shall pay a royalty to the Company based on the number of wellheads sold, leased, rented or otherwise supplied in each calendar year in the range of 3% to 6%, which shall apply up to the end of the 2029 calendar year, subject to the terms of the Agreement.The Agreement provides for a modest minimum performance requirement with respect to wellhead sales in a market that historically has consumed tens of thousands of production wellheads per annum. If Cameron does not reach the minimum performance requirement, it can elect to pay a "top up" royalty fee.In addition to royalty fees, Cameron shall pay the Company a capital licence fee payment of US$500,000 in exchange for the non-exclusive licence rights.If Cameron wishes to initiate additional projects, the parties have committed to work together to agree the scope, terms, objectives, territory and royalty rates and royalty duration of each additional project.The Company has a general obligation to provide Cameron with comprehensive guidance as to how to apply the specified intellectual property, including a specific obligation in relation to how to apply the POS-GRIP friction grip method of engineering for a period of two years from the date of the Agreement.The Agreement is for an initial term of three years with the option for Cameron to extend the agreement for a further six years. The Agreement contains customary provisions permitting either party to terminate the Agreement upon the occurrence of other events, including upon a material breach of the Agreement.As the industry pivots away from coal and oil to natural gas as the preferred future hydrocarbon energy source, as well as for the production of hydrogen, it is essential that a choice of dependable technology is available for application throughout the supply chain. At the wellsite, this certainly applies to wellheads where leak proof performance, particularly for natural gas, is important throughout the life of a field, and where wellheads have historically required maintenance to maintain integrity.POS-GRIP wellheads are "by design" capable of delivering life-cycle integrity by employing integral metal seals, which are externally pre-loaded, against permanent wellhead fixtures. This alternative method of engineering is achieved with a rigid assembly, for which critical actuation forces are accurately controlled, monitored and verified, to simultaneously energise multiple seal bumps, which maintain gas-tight integrity throughout the life of a well.Plexus' CEO Ben van Bilderbeek commented:"I am very pleased that we have entered into a non-exclusive intellectual property licence agreement with Cameron, a Schlumberger company."The first of what we hope will be many joint development projects between our two companies, will be the design and development of competitive and technically differentiating surface production wellhead systems, which incorporate our proprietary POS-GRIP friction-grip technology."The POS-GRIP method of wellhead engineering has over the years demonstrated that it delivers life-cycle integrity for critical seal systems, particularly for gas applications."The project will focus on the application of scientifically configured and actuated proprietary sealing methods, which can guarantee leak-proof and maintenance-free performance, throughout the life-cycle of a well. Such features are particularly relevant as the move towards net-zero emissions is demanded by ever more informed investors, and the environmental lobby."The resulting wellhead products will be marketed under the Cameron trademark, whilst in the meantime Plexus continues to offer its own proprietary wellhead technology, with focus on special applications and technically challenging projects, as well as innovations."Our joint aim is to demonstrate that with the right technology, our industry can achieve Totex savings, whilst at the same time addressing Capex issues, which are generally associated with the provision of the higher standards needed, whilst helping to responsibly develop oil and gas reserves."Paul Sims, Global Business Director - Surface Production at Schlumberger, commented:"We are looking forward to working with Plexus to explore the use of friction-grip technology in our wellhead systems."
Posted at 16/2/2024 11:11 by dan_the_epic
The management team here have done a very poor job. Look at the long term share price chart !!!

I kind of think it's balls when anyone, including Paul, brings up the point that the valuation of this company was once £300m

" Remember this was a nicely profitable growth company until demand dried up in 2015, peak valuation c.£300m."

It's a complete irrelevance. And it's a low quality way to try to get investors bulled up to an over the top extent. It's not fair balanced commentary I would expect from any credible author.
Posted at 13/2/2024 16:10 by chutes01
Perhaps you have to now take what he says with a large dose of salt, a large position increased to near 3% notifiable level, followed by continued top ups (hic), so something doesn't add up or there are sells along the way, fair enough but don't mislead investors.
As the industry continues to thrive, it's time for the sales team to improve or be shipped out, this should be north of 40p now.
Posted at 13/2/2024 16:09 by source
Not funny at all. You just need to do the research. In fact what's much more funny is that a quality business like Plexus even got down to these current stupid levels. But I guess for the "investors" amongst us that's the opportunity. Paul see's it & gracefully shares his thoughts on it. Others have seen it for a few years and patience is paying off. The fact they have not diluted shareholders & is actually equivalent to a buyback! This reduces shares loose massively, as soon as the unresearched flighty weak holders buzz off the better as this was building nicely. Management do maybe need prodding to get their sales team moving but they are all experienced in doing that before. If they deliver, boom.
Posted at 03/2/2024 00:11 by paulypilot
Hi StudentInvestor13,

Growth companies tend not to be valued on a multiple of earnings.
That's what you use for mature companies, once you can see the likely level of steady state earnings, and incremental growth (if any).

So mature businesses with little growth tend to be valued at about 10x earnings, and pay out about half in divis.

Faster growing companies may attract PERs of 20x or more.

More speculative situations like Plexus, where we don't know what future earnings will be, tend to be valued in a wide range by different investors, hence the volatile share prices.

Regards, Paul.
Posted at 02/12/2023 20:01 by paulypilot
Management are very open to communications from investors and prospective investors. There was something about this in the recent results, saying they welcome contact, and want to talk to investors. So just email them if you have any questions, that's what I did, and mgt were more than happy to talk, and I think were pleased the company was starting to get some investor interest.

Also the PR contact is very helpful, and I met her a few years ago, she knows Plexus very well indeed, having represented it for years.

So I don't feel it's vital for me to attend the AGM, although would have been easier if in London, but the company operates out of Aberdeen, so perfectly reasonable to do the AGM at HO.

I'm very pleased to hear the focus on methane at Cop 28.

Hoping we might get continued good newsflow from Plexus in 2024, to propel shares onto the next level in due course.
I'm not worried about dilution, because of course it should now be profitable & cash generative so less imperative to raise, and it should be from a position of strength, not weakness.
Posted at 13/11/2023 10:22 by paulypilot
Yes I agree Source. Judging from this bulletin board, there are only about 6 of us posting here regularly! And popular posts get about 6 thumbs up. So it looks like this is very much a niche interest share, which is fine.

It wouldn't interest my Stockopedia readers, as they're mainly serious, value/GARP type investors, who wouldn't normally go near a speculative nanocap like this. That's why I've only ever mentioned it in passing on Stockopedia, stopped proper coverage of it in 2016. Although depending on what the imminent results statement is like, I might cover it in the Small Cap Value Report, now it's above our £10m mkt cap lower limit.

As much as anything, it's nice to put interesting shares onto other investors' radar, so they can then review future results/TUs and make their own minds up as the story develops.

I wish the house broker would issue more frequent research notes, as they're very helpful in guiding us.

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