Plutus Powergen Share Discussion Threads

[guyswonga74] 29/1/2017 18:33

Bishopspawn as you are a LTH here and I am very new investor here, and well done in seeing the story of plutus sub 1p, what are your thoughts of news flow short term and medium term, I know by end of year we should have 7 stations online and close to 200mw. I also think the share price and market cap undervalues the company, even the research note, once this seller is cleared it should rerate to a more sensible level

[bishopawn] 29/1/2017 18:00

Stardrops2, way back on 11th December you mentioned that Centrica mothballed a gas powered power station a couple of years ago in Kings Lynn and you wondered
if they intended to reopen and upgrade this site.

Just wondering if you have researched further down that line. I am not familiar with Kings Lynn at all. If it was Centrica that has got involved with Plutus, that would be very excellent indeed, and if there was a boxed-and-ready-to-go gas-powered site (once the dust has been blown off, of course!!) that would speed things up enormously.

[guyswonga74] 29/1/2017 09:48

Well here is to another good week for Plutus and the share price bounces off 3p. Mr 250k seller can't have that many shares to offload now? Once they are done this could move quickly

[stardrops2] 29/1/2017 01:34

ive been patient so far i have bought between 0.6 and 1.4 pence and willing to hold for the long term
HOWEVER the boss wants a new kitchen ive put my foot through the bath someone turned the water on while in the shower im not allowed in the proper shower and the dogs got cancer

MY PLAN IS THE KITCHEN CAN WAIT IVE GOT A HOSE PIPE TO SHOWER AND I CAN GET A PUPPY NEXT WEEK SORTED

[guyswonga74] 28/1/2017 19:40

Yes. I would rather time a top up after the 250k seller has dumped a few. It does seem this seller is dropping sells into volume. On quiet days the seller isn't trashing the share price must be a coordinated exiting of a position. From my research it seems that there is not much free float. Bos hold over 50% I believe. Earnings per share moved into profit last quarter

[marvin9] 28/1/2017 19:13

Your choice but check out the trend rise and fall charts during the day and buy accordingly if you are going to top up.

I have enough for the time being and will wait a little longer

[guyswonga74] 28/1/2017 19:06

I hope so. Going will be topping up to around 400k shares at just over 3p average on Monday

[marvin9] 28/1/2017 18:51

You will be fine, its a waiting game.

Put it this way; their will be a lot more investors paying a higher price than you paid in the future. IMHO

Besides PPG has already proven it can rise by nearly 10% in one day...... or fall lol

[guyswonga74] 28/1/2017 17:23

I hope so too having bought 250k near the top ar 3.25p! Already nearly 10% down

[marvin9] 28/1/2017 15:11

Last time you said that the price shot up ... hope it happens again. nothing personal lol

[guyswonga74] 28/1/2017 14:26

Will be adding more on Monday especially if the ask drops below 3p

[montynj] 28/1/2017 13:42

I hope the above email from the chairman does help clear the air. I certainly think it does

[montynj] 28/1/2017 09:07

@Bohemian13 Ref that article in FT and elsewhere. .it is an old news. I wrote an email to the Chairman of PPG and received following reply:"Thank you for your email Nicholas.There has been substantial dialog from all stakeholders on the issues raised in such articles over the last year or so. Indeed, we have - albeit at arms length - been involved ourselves.Such is the energy crisis in this country we believe many of the extreme proposals articulated over the last year or so in a number of industry consultations are deeply flawed and possibly idyllic and lazily thought. I believe many industry experts have expressed competing viewsOur position is that whilst there may be some changes - or tinkering - with some of the income streams it is likely the case that where we may lose we may gain equally elsewhere and thus effectively be neutral to us overall.Furthermore, as evidenced by our RNS's over the last couple of years or so, it is quite apparent that with the scale and expertise of some of our co-funders and Industry colleagues our sentiment on the whole issue is quite sound. I hope this helps Nicholas.Kind regardsCharles"Any concerns should be alleviated

[marvin9] 28/1/2017 07:46

Lol ok

Moving on:

Brexit could delay new nuclear plant at Hinkley Point, experts warn

[bishopawn] 27/1/2017 19:38

I never reveal my sources...

[marvin9] 27/1/2017 19:28

Can I ask Bishop..... Where did you hear this was a put up job ?
Can you provide evidence?

[bishopawn] 27/1/2017 18:49

I heard the Guardian article was a put-up job, meaning there was some artificiality about the be-moaners. It is the classic scenario:- Journalist wants to write an article to put a point of view and then goes poking around in the undergrowth to find a handful of people who will stand in front of his/her camera and say a few negative things about a particular development in the neighbourhood....useful to have a local councillor in the mix who likes to curry favour with voters in his ward, or are party members in his constituency. (the greasy pole scenario)..all good pre-planning for the next local or general election is the strategy usually. The picture in the Guardian seemed to show some local dog walkers and the drone of the diesels probably unsettled their pouches. There is a well developed and dense line of trees and bushes separating the Ernsettle Industrial park from the residential area, making it impossible to see the Plutus site from the east side and to the north V-Spring Bedding Factory which is substantial to the north of the site blocks the view almost from any other direction. I would have thought the trees and bushes would have the effect of providing an acoustic barrier. Nowadays most houses have double glazing and in the cold months people are very unlikely to have their windows open!!. So, as I say, a put up job by the Guardian - probably at the instigation of a local councillor who didn't get all he wanted out of Plutus, though, if I remember rightly, Plutus did give us quite a bit of detail in November concerning its support for the Ernesettle/Plymouth local community projects, in view of the fact that the diesel farm would not be contributing anything to local employment, being, as it is, controlled remotely.

As others have noted, the directors are ahead of the curve, and gas-powered developments look to be on the cards with the involvement of a big partner, who will fund 20% of such projects, leaving Plutus with a hefty 80% share of the profits. If that is not an excellent partnership - "Plutus plus Energy Utility 'X', I don't know what is. I read that like this: Utility X says to Plutus: "we like what you do, can you partner with us on such and such a project?"

Once that becomes concrete in an RNS, and we know the identity of Utility 'X', the street-cred of Plutus will hit the roof....followed by the share price. I have February pencilled-in as a busy month for announcements. GLA.

[marvin9] 27/1/2017 17:49

If you want the full story of Plymouth, warts and all here its is dated Dec 2016:

Decided to delete the long post here and paste the link instead.

People can read the article and decide for themselves I suppose.

Anyone know how much it cost to build this plant?




Some of the links high lighted in Blue are also of interest.

[guyswonga74] 27/1/2017 13:58

Seller must have flipped 2 million shares yesterday and today plus some profit taking, looks like I timed my buy a little early. Could have bought in nearly 10% cheaper had I waited a day

[gspanner] 27/1/2017 12:24

It is worth remembering when thinking about the possible regulation of smaller capacity providers how little leeway the Govt has due to their own ineptitude regarding energy provision. Imagine the career path of the politician who reduces capacity only to see the light go out. Short.

[dr jekyll] 27/1/2017 11:50

Anyone know how the electricity is produced eg from what renewable? How the power generation works? Have checked website and can't see anything on that anywhere. Looks an interesting investment too. Oddly it looks like they have two websites as well. Maybe I am more senile than I thought :)
Thanks in advance.

[marvelman] 27/1/2017 11:27

Good posts Savvy/Monty

[montynj] 27/1/2017 11:17

Well said 1savvy...you are absolutely right about the management being ahead of the curve and that the low market cap discounts a lot of negative news. As others have already explained time and time again on this BB , this share price is significantly undervalued relative to its peer group. Alkane with 145 MW generating capacity were bought for £61million. Yet, PPG, with 200MW by end of the year, is valued at £21mn. This also ignores the future high pipeline of 700MW. Plus a big 6 Utility Co intends to finance 25% of all future projects for PPG is a further confidence boost. Bottom line is PPG is still below most radar screens and having just made its maiden profit will soon start to attract institutional interest. My view is upside is massive.