Plutus Powergen Share Discussion Threads

[marvin9] 22/1/2017 12:29

Views on share price tomorrow?

I know others on here say its a bit of profit taking after good news, hence the share price fall; but why would investors sell when possible more good news will be out by the end of this month, regarding more contracts?

Just a question to put some life onto this thread.

[marvin9] 21/1/2017 11:38

Bit more info not related to PPG but some might find of interest:

Watt

PROJECTS UPDATE

December 6, 2016

On 6th December 2016 Watt Power Limited has sold its interest in the four 299 MW gas-fired projects to Drax Group plc.

Bearing in mind the grid is struggling now to maintain demands.

[marvin9] 21/1/2017 09:32

I work part time nights.................... I'm a burglar

[marvelman] 21/1/2017 09:28

Couldn't sleep Marvin?.....great find.

[marvin9] 21/1/2017 04:40

PMO info:

Plutus PowerGen PLC on Thursday celebrated its maiden profit in the first half of its financial year after revenue soared 86% as the company continues to build out its power generation portfolio while diversifying into new areas.

The company has advanced its pipeline of small sites in the UK that provide back-up power generation using diesel generators to help balance the UK's electricity grid, but has now started to also move into gas-fired generation.

Plutus generates revenue from flat, fixed management fees that are paid by the special purpose vehicles that own the power generation sites. Currently, all revenue is coming from sites that were developed using funds from Rockpool Investments LLP.

Plutus holds a 45% stake in each site and receives a fixed annual management fee of GBP150,000 from each site.

Management fees are being received from nine sites at present, providing Plutus with annualised revenue of USD1.35 million. Each site has a capacity of 20 megawatts, with 180 megawatts currently being managed by Plutus at present.

As a result, revenue in the six months to the end of October was GBP675,000, rising from GBP362,500 a year earlier.

Finance costs remained broadly flat year-on-year and administration costs increased to GBP658,440 from GBP532,808, but Plutus still managed to squeeze out a significant, albeit tiny, pretax profit of GBP3,035 in the first half, swinging from the GBP183,937 loss last year.

Although nine sites are under management, only one 20 megawatt site is currently operational. A further five sites with 100 megawatts of capacity have secured planning permission and another 100 megawatts of capacity have planning permission applications being considered.

"Significantly, our first facility came on stream in November 2016, in time for this year's TRIAD season and this has been running reliably and effectively. We are planning to build a further five sites (or 100MW) during 2017, with these sites coming on stream for the 2018 TRIAD season, subject to connection," said Plutus.

TRIAD refers to the system that encourages large industrial users of power to reduce their consumption at peak times to free up the grid, in turn lowering the company's bills.

These customers have meters that measure their electricity consumption on a half-hourly basis – so-called half-hour metered demand – and how much they pay is determined by their demand during the Triads.

"We also expect the final three planning permissions for the Rockpool Investee companies by the end of the second quarter of 2017, meaning that we will be well on the way to fulfilling our obligations under those arrangements," Plutus added.

Plutus also won capacity market contracts for three sites with total capacity of 60 megawatts in the first half. Plutus now has 120 megawatts of capacity in total that has been awarded capacity market contracts, which pay generators a certain price to ensure investment in the sector continues and the UK's overall capacity does not drop to dangerous levels.

From 2020, each of the three sites awarded a capacity market contract in the first half will receive additional annual revenue of around GBP450,000 over a 15-year period.

After the end of the first half, Plutus formed an agreement with an unnamed large utility that is one of the Big Six, formed of SSE PLC, British Gas owner Centrica PLC, ScottishPower, EDF Energy, E.ON and Npower.

The Big Six constituent has agreed to fund up to 20% of the cost of any future site developed by Plutus that is either powered by renewable energy or gas.

"This fits well with the company's strategy to deliver projects in which it holds an 80% interest and this relationship is envisaged to provide sufficient equity to allow Plutus PowerGen to develop majority owned assets going forward," said Plutus.

"We are also in negotiations with other interested parties to inject equity into new projects going forward on a similar basis to the 'Big Six' multinational utility company," Plutus added.

Plutus believes access to debt to fund its portion of development costs will improve now it has the backing of a major blue-chip supplier.

"As we move into 2017 the directors view the year ahead with confidence, as we continue the execution of the Rockpool Investee Companies' site build out and seek to develop our strategy of diversification into gas fuelled power generation sites in the future," said Executive Chairman Charles Tatnall.

[marvin9] 20/1/2017 18:36

Here is a link to a nice little read until we reach 6p

In a nut shell, shows what mega potential PPG has!

[zengas] 20/1/2017 12:38

At 1st November 2106 we had planning permission passed for 7 x 20 MW sites (140 MW total).

They were progressing 3 x 20 MW sites (60 MW) through planning with a further 2 x 20MW sites being readied for submission or 100 MW in total.

Their goal was to have at least 200 MW of capacity by the end of 2017.

Fast forward 12 weeks -
140 MW planning passed (7 sites). 100 MW submitted to planning (5 sites).

The goal has now increased by 20% to have 240 MW of capacity by the end of 2017.

Come the end of this year and as i previously said some posts back, I expect them to continue to push on for 3-400 and possibly 500 MW of capacity as they get more sites up and running and cash flow contributes. Perhaps a modest additional 100-150+ MW in 2018 and the same again in 2019.

They still have a current total pipeline including FlexGen and Gas remaining at over 700 MW and i'm sure they must have plans for how they would like to take a lot of that forward in stages beyond the end of this year.

[1savvyinvestor] 20/1/2017 12:09

My last post for a while!! I've seen investors getting really rampy when things don't go the way they want in other shares. That doesn't happen here. We have excellent , sane contributions from Bishopawn and Zengas amongst others. Just a note to Marvin9. You express surprise that yesterdays excellent news was met by sales. This is often the case on AIM where a share price has had a strong rise. Marketmakers seem more willing to take bigger sales and this eventually drives the price back. Nothing intrinsically wrong with taking a profit. After all; that is what we are all here to do. Longer term investors such as bishop, myself and Zengas see this story as one with a lot further to go. Going to shut up now. The less I say the better the share does!!

[bishopawn] 20/1/2017 11:53

Nearly all sells this morning. No one wanting to pay at or above 2.9 pence to buy at the minute. Supply and demand rules the market. But in my reckoning, this is only a temporary weakness or pause, until the next raft of good news to encourage people to buy more into this excellent investment opportunity. I have February pencilled in as being very "news-y", as it was last year.

[1savvyinvestor] 20/1/2017 09:38

If you want to follow shares that ARE too good to be true go to ctag or fitbug!! Lol

[folderboy] 20/1/2017 08:42

This does sound almost too good to be true and, whilst I hold millions, sometimes I do find that a little worrying!

[bishopawn] 20/1/2017 08:39

Most of the SELL trades yesterday were at or above 2.9 pence. The market will be reluctant to let them go to Buyers any cheaper, I would have thought.

[1savvyinvestor] 20/1/2017 08:03

I thought so too but apparently not the case. Only Plymouth

[danyo11] 20/1/2017 07:59

I know A participant can't be considered for both EA and TA - TA only small tho

[danyo11] 20/1/2017 07:55

Thanks Savvy,you are most likely correct, however it was my understanding that the prequalificstion criteria/deadlines etc for EA were the same as for T4 Auctions we have been successful for, both planned and existing could be considered as long as post planning and guaranteed to meet 'go live' dates? Cheers

[1savvyinvestor] 20/1/2017 07:35

Just to clarify . Ppg already has 6 capacity awards for the future. This year there are two additional short term transitional auctions. The Plymouth site can apply for this as only existing capacity is permitted to put in a bid. Very important to understand with ppg that capacity auctions are the icing on a very lucrative cake. I fully expect the five new sites to be up and running by November and possibly more . These will all be in use immediately as we saw with Plymouth . Next year Rockpool will start divesting themselves of the spvs. Say 5 are sold in 2018 . An expected valuation of around £15 m per site would leave plutus with approx £4.5 million per site. Income 2018 would shoot up to £18 million . Rockpool have 9 sites so if each is sold off we will receive about £40 million over 2018 and 19.

[stardrops2] 19/1/2017 23:53

Had a good read of the results and am very confident for the future,very happy PPG are moving towards renewable and gas generation rather than gen sets.
Also sounds like we have potential partners lining up to come on board
2017 should be a very exciting year

[danyo11] 19/1/2017 22:22

Or are you saying we cannot participate in both the Early Auction AND Transitional Auction?

[danyo11] 19/1/2017 21:57

Savvy, are you saying only Plymouth can participate on Jan 31st?

[marvin9] 19/1/2017 21:48

WOHOOOOOOOOOOOOOO bishop, your the man, holding so many shares, whats your thoughts on the results?
As you can tell. I'm a fan of yours xxx

So given your calcs we can sayyyyyyy, falls tomorrow and then sideways move then up again towards finals?

[marvin9] 19/1/2017 21:46

Hiya Savvy, still not sure why Bishop could not honour us with his presence due to him having such an high valuation of PPG, but hey ho hey he is probably having a blue rinse and busy.

Thanks for your input but again; why would you say it was obviously a day for sales when the results were good and the future so rosey ???

As said I am new to penny shares; if good news comes out (as with PPG) the share price should rise and not dump mega stock, (people sell and expected), I don't understand your point???

Again I ask the same question ....Has anyone calculated the amount of stock this one selling is dumping AND WHO IS HE?

End of the day, their must be a limited amount of sellers who can only dump this amount of stock?

I'm still puzzled as to how normal investors cant sell stock but this mystery seller can dump stock at mega levels when ever he chooses ?

[bishopawn] 19/1/2017 21:35

My calculation puts today's trading at 2,498,549 BUYS and 3,462,218 SELLS, so the market makers have a million shares on their books today. Lots of delayed trades in the ??? column which are more difficult to categorise, however I reckon that there were 1,772,622 BUYS and 1,803,286 SELLS, and this attribution of mine is the basis for my conclusion that there were 2.5 million bought and 3.5 million sold. DYOR.

Onward and Upward from here, I have no doubt...once the market digests the news and does some calculations of what the likely current and future earnings are. Getting more bullish as each week passes.

[1savvyinvestor] 19/1/2017 21:23

Regarding the seller . I still believe more than one . And absolutely nothing sinister . Bishop has shown us that most days buys outnumber sells . Today was an obvious day to sell . One other thing - my understanding now is that plutus only eligible for one of the 2017 capacity market extra allocations

[1savvyinvestor] 19/1/2017 21:20

The reason Plymouth profits not included is largely to do with the fact that as spvs income cannot be counted as plutus income . The value to plutus will arise when the spvs are consolidated, either becoming fully owned by plutus or bought out by a third party creating a large capital gain