Plutus Powergen Share Discussion Threads

[kraken1] 02/3/2017 08:19

Oh dear, insider dumping me thinks?

[montynj] 02/3/2017 08:08

A typical AIM overreaction

[basem1] 02/3/2017 07:56

No need to panic, only 1, small, potential income stream. Use this as a chance to top up. Did they actually need to RNS this as its only causing panic ?

[1savvyinvestor] 02/3/2017 07:48

Agreed zengas. Indeed Plutus have talked about how different revenue streams will be affected by regulatory changes. Their view is that any changes will be largely neutral in relation to potential income streams. The last threat like this was actually seen off by the industry . With national grid onside this should be kicked into the long grass as well

[zengas] 02/3/2017 07:32

This is only one income stream that could be affected.
This would affect diesel powered generators which they want to curb because it it slowing investment in larger costlier gas plants. Apparently these undercut at £45/KW where gas powered plants can't afford to bid - which means expected prices would rise to £72/KW in the next 3 years.

March 1st 2017

"Both regulator and the government think that is too much – and is distorting the capacity market, because small generators, with £45/kW Triad benefit in their pockets, can bid low, undercutting the larger new generators that government wants to incentivise. As it stands, the capacity market has failed to encourage investment in large scale new build combined cycle gas power stations. Ofgem, which was accused of effectively kicking the can down the road on embedded benefits for many years by Cornwall Energy, appears to be attempting to make a quick fix.

That leaves smaller generators facing a pincer movement, as government is also moving to slash their revenues in a bid to achieve different outcomes from the capacity market.

BEIS outlined plans last October to change the rules so that the capacity market supplier charge is collected based on gross, instead of net demand. That will remove a large chunk of revenue from embedded generators with capacity market contracts.

Currently, those generators receive an income stream both from the capacity market contract itself, and the money suppliers pay them for helping them to reduce their use of the transmission system. By changing the charging methodology, government will remove the latter element, which it suggests is worth around £15/kW – almost as much as capacity market payments.

What next

Ofgem has issued a consultation on its ‘minded to’ position on embedded benefits. If the regulator proceeds with its plans, generators under 100MW will see their Triad benefit reduced by around a third each year for three years from 2018.

However, Ofgem could face legal challenges from smaller generators, according to specialist energy developer and generator site, New Power."

[folderboy] 02/3/2017 07:30

Buy the dips indeed - but sell early as well?

[nw99] 02/3/2017 07:29

Buy the dips

[ibug] 02/3/2017 07:23

This is all about politics, once the fog clears the business plan will remain on course because the nation needs emergency sources of power.

[1savvyinvestor] 02/3/2017 07:19

Hmmm. That explains the selling . I suspect another spike down now.

[simon1955] 02/3/2017 07:17

Glad i dumped last week, this is not good, hope you guys don't get hit too hard today, gla

[folderboy] 02/3/2017 07:12

Its measured, considered and informative - but I agree it's also worrying!

[riddlerone] 02/3/2017 07:10

Just the risk that was always there and not being taken into consideration.The negatives should always be balanced up especially ones that you know could tank the share price short term.This is still a great long term play but the entry point could now be a lot more interesting

[2prsimo] 02/3/2017 07:08

Blimey - you don't want to read statements like that - looks like PPG are worried.

[folderboy] 02/3/2017 07:05

Well there is our RNS - can't see it having an immediate positive effect. Longer term it's an important statement. Below 2p today? Sincerely hope not.

[nw99] 01/3/2017 16:43

MNJ couldn't agree more this stock is a raging buy here

[montynj] 01/3/2017 15:25

It's very obvious that there is a bull market globally in stock markets at the moment and this stock is just like a coiled spring about to propel the share onwards and. upwards. Come on the RNSs.

[jackspratt] 01/3/2017 14:17

The 460 was mine - can't believe the opportunity came around to get more at these levels. Sold other stock to get these.

[nw99] 01/3/2017 10:22

550k buy at 8.01 was keen to buy great news

[montynj] 01/3/2017 09:25

Some chunky buying appearing

[1savvyinvestor] 01/3/2017 09:24

Well the 460k one definitely is!

[cossie] 01/3/2017 09:11

I suspect the 550k at 8.01 was a delayed buy, PEEL move up on the offer seconds later.

[marvelman] 01/3/2017 09:10

If my calculations are correct the 3% notfiable interest kicks is at circa 17 million shares and any selling <> of 1% is notifiable. Surely then we should by now have had a holding RNS>

[quinan] 01/3/2017 08:59

Brought in for the first time this morning been watching for a while now, as said looks a good safe long termer.

[nw99] 01/3/2017 08:07

Yes still sellers around but this will be a great long term buy

[1savvyinvestor] 01/3/2017 08:04

Mms still squeezing out sellers