Plutus Powergen Share Discussion Threads

[bishopawn] 30/1/2017 15:03

A 7.00 a.m. RNS will have it up again in seconds as the market opens, and could wrong-foot today's sellers. 1st Feb on Wednesday....neat to have news at the start of the month. February is going to be a good month for us.

[marvin9] 30/1/2017 15:01

Lol looks like I have disturbed the hornets nest with my previous comment and hit the nail on the head lol.

[guyswonga74] 30/1/2017 14:58

The lack of hardly any buys at all to counter the selling is disturbing

[marvin9] 30/1/2017 14:55

Agree, that's one sudden crash of 9 % plus in one day, for no reason, as for people saying don't worry keep calm, they know less than us and surely must be concerned.....

Unlessssssssssss ???????????????

[marvelman] 30/1/2017 14:50

Doesnt feel quite right with this price action

[folderboy] 30/1/2017 14:44

Well I add a few thousand - probably a little early - but . . . we shall see.

[marvin9] 30/1/2017 14:39

Well it should be interesting who that person is and why they sold with so much impending good news to be announced soon.

Maybe they heard early PPG didn't get more contracts?

Who knows but would advice anyone thinking of topping up.. don't bother until they are done.

No point it catching a falling Knife or it could simply be a tree shake, but looking at the drop in the share price, its an hurricane blowing..

Cant see many monkeys left in the tree after this one and as said would not touch these until Mr dumper has gone.

[mrphiljones] 30/1/2017 14:35

Marvin they only have to disclose when they've finished selling.....

[mr 250k] 30/1/2017 14:33

Bored, impatient sellers today. I am ready to get back in at 2.5p!

[marvin9] 30/1/2017 14:33

Agree, the support level as been smashed.

This same seller has been dumping stock for well over a month and must now have sold several millions?

Due to this figure and under market rules, should they be disclosing who they are?

Don't care what some say, this is the same seller and must be a major holder to dump so much stock on the market on a daily basis.

[guyswonga74] 30/1/2017 14:26

Damn my timing. Looks like I could have bought in at at 2.7p. Hardly any buys all day!

[basem1] 30/1/2017 14:23

A buyers strike today too after every dip being bought since Xmas.

[1savvyinvestor] 30/1/2017 14:22

Keep calm!!

[marvelman] 30/1/2017 14:19

Your in good company Guyswonga...my timing also was poor. We seem to still be at the mercy of this bloody seller.

[guyswonga74] 30/1/2017 14:15

Typical. I buy in on Wednesday and share price has been in freefall since

[cossie] 30/1/2017 10:43

Spot on Savvy.

[bohemian13] 30/1/2017 10:26

Montynj - Thanks for Plutus's take on the regulatory changes being considered currently, somewhat reassuring.

[basem1] 30/1/2017 09:35

2.955 to buy and no takers ??

[1savvyinvestor] 30/1/2017 09:31

Just a small note from me this morning. Thanks to bishop for giving a good analysis of where we are right now. Spot on I think. It is very noticeable that sentiment concerning back up power has shifted significantly over the past twelve months. It is as if the penny has finally dropped that the type of backup that instant generation can provide is a perfect match for renewables and indeed enables the use of wind and solar as it is available at the press of a button. Indeed Plutus plants can be online in seconds. Todays articles on the BBC saying we need not worry about backup is precisely because of Triad , Stor and the capacity mechanism and the availability of back up power. At a cost of £7 per household per year this is a tiny price to pay for energy security. Some may view todays articles as negative for Plutus but that would be mistaken. What it proves is that we are in the right market at the right time!! I'm fully expecting us to get Plymouth into this extra capacity round for 2017 . 7 sites at least up and running by November is extremely likely. Still massively undervalued imho

[marvin9] 30/1/2017 09:23

Support level should hold and the share price should bounce back ...... hopefully lol

[1savvyinvestor] 30/1/2017 08:00

Capacity auction today . Results mid February.

[nw99] 30/1/2017 07:55

Old power plants to get millions in subsidies ....

[kwizza] 30/1/2017 07:37

UK 'need not fear electricity blackouts' says ex-National Grid boss

[bishopawn] 29/1/2017 22:30

guyswonga74, first congratulations on your investing ken in finding Plutus Powergen before the stampede arrives.

My thoughts on news flow are first of all that 2017 is going to be a cracking good year, and by that I don't mean that it will take till 31st December 2017. It's going to be news, news, news and news all the way, and good to very good.

All you have to do is go back to the RNS's in late 2016 and you will get indications from what directors have stated that news on various fronts is pending and imminent.

The one bit of news that I am particularly geared up for is news on gas-powered generation, simply because the identity of the Blue Chip partner at that point must surely be revealed, with the details of locations and size and funding breakdown, and a good deal of other information to satisfy our curiosity. It is some weeks now since we got the RNS about this innovation to the portfolio mix, and I expect news in the short term, in a matter of weeks, rather than months...just a personal feeling/expectation I admit.

There will be a series of announcements about progress on the other sites that we have been told about, whether that is various planning permissions coming through, for example Bristol third time lucky(?!?), where there was a cow on the line so to speak...or may be it was a ludite. Whatever! And of course there are the build-outs to be announced that I imagine will be well timed, so that sites can be commissioned and start generating cash for the onset of autumn/winter 2017. That would make sense also from the point of view of not using loan facilities with Lombard until the money is actually required, just as it would not make sense to be building out sites immediately when we are coming out of the winter of 2016/17. So it will be a very busy 2017 to deliver the pipeline of sites we already have been told about in general terms, and there will be additional sites on top of that at various stages of development planning etc etc.

4 pence soon..6 pence by the end of 2017 would not be an unreasonable expectation, may be even a tad too low!

There remains in the background a strong possibility/probability of a bid coming our way. It has happened with similar businesses last year, referred to by Zengas. The bidder would have to pay a premium to whatever the market price of Plutus's shares were at the time. So, the more we can get the price up the better, before the likelihood of that happening does actually occur. The fact that Plutus has now had a maiden profit, though a nominal one, is very significant in that some investment vehicles are prevented by their articles of association from investing in loss-making companies. That hurdle is now gone, and they can start buying Plutus shares.

All the above is personal opinion based on study and discussion with other big investors. But, please, DYOR!

GLA.