Plutus Powergen Share Discussion Threads

[mrphiljones] 02/3/2017 11:13

ROTFLMAO I love it when they get busted.....:-))))

[nw99] 02/3/2017 10:59

1.5 large support on chart

[1savvyinvestor] 02/3/2017 10:56

Can't give more clarity yet but will once I hear exact details

[montynj] 02/3/2017 10:31

But when you say house of Lords are you saying they had a vote on this or just one guy condemned..a bit of clarity on a day like today would be welcome

[1savvyinvestor] 02/3/2017 10:21

House of Lords has just condemned the ofgem proposal

[isa2020] 02/3/2017 09:26

Believe it's being oversold - some low buys are showing as sells (mind did)

[isa2020] 02/3/2017 09:25

It's ofgen consultation? Just last month auction where held, never read the small print on these contracts - i guess any if any changes are going to affect new contracts not current ones, PPG fortunately gets money from management of sites from partners, so it's possible the partners cancelling a site may have to pay a get out clause, i believe there is a couple of 15 year management contracts. Let see

[zengas] 02/3/2017 08:58

Until the consultation is completed and how long it will take (2-3 months or 6 ?), it could imo cause PPG to hold back on any development for the sites passed ultimately causing delays on the rest of the planning programme as it would flag up as another reason to object ?

By the looks of that article I posted above it might have a knock on effect on a second income stream and this might affect competitive financing/investment ?.

"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".

One appears to be worth around £45/KW and the other £15/KW.

The grid is supportive re the current system which they all agree seems to be ill thought out. Ofgem against it as it under cuts the incentives in bringing the larger plants it wants to come to market. I suppose one strategy is for PPG to also look at the larger gas plant builds ? I've let half go and will wait to see what the review reveals and then PPGs strategy.

[mally6] 02/3/2017 08:54

Marvel man man up a person can say what he wants it's a board don't like it stand in a corner facing the wall

[simon1955] 02/3/2017 08:48

marvelman - Oh dear, monthly??

[flashheart] 02/3/2017 08:45

Exactly savvy. Usual over reaction here. It's behaving more like an oiler that's hit a duster.

[1savvyinvestor] 02/3/2017 08:43

As a major Bull here I'm sure there will be those who say " he would wouldn't he" but this sell off has provided the best top up opportunity ever!

[riddlerone] 02/3/2017 08:30

Better make another one up then Marvin,as they do

[bohemian13] 02/3/2017 08:30

Tried to warn the board about the risks of the ongoing OFGEM review, I was told Plutus were relaxed about the proposed changes, this doesn't seem the case now.

[montynj] 02/3/2017 08:29

Haha...no...but seriously as today's statement makes clear they have multiple revenue streams and look forward to profit growth. ..it's v clear

[arab3] 02/3/2017 08:26

monty
did you sell any at 3.5 ?

[montynj] 02/3/2017 08:23

I must admit I never thought these cheap prices to buy would be presented again but AIM has a habit of giving these opportunities. ..Time to buy