Plutus Powergen Share Discussion Threads

[1savvyinvestor] 02/3/2017 18:43

my understanding is that Plutus, Green Frog and all affected parties are uniting and talking about this. There is a feeling that the big six energy providers are bullying Ofgem into this proposal which will be resisted forcefully and effectively. Massively oversold. There are still six sites with 15 year contracts for capacity mechanism. Plutus already has annual £1.35 Million management fees. Two gas sites already in planning. The asset finance with Lombard is ready to go. I am a big holder and have not sold a single share. Yesterday nobody noticed the ofgem release which was in the morning. In the afternoon it was still possible to sell large numbers of shares at 2.4. Market makers obviously didn't see this coming. The morning RNS was a bold attempt to inform investors of the proposal and to provide assurance that it will be contested. However, being AIM, investors/traders panicked.

[montynj] 02/3/2017 17:34

All I know is today I am devastated

[montynj] 02/3/2017 17:33

What do you mean by other little ducks are to be lined up

[montynj] 02/3/2017 17:31

Anyway Marvin9 I am only kidding I know you didn't

[montynj] 02/3/2017 17:29

Marvin9 so if u telling us you knew that there were going to be mega cuts you must have heard inside information. Lol ?

[marvin9] 02/3/2017 17:27

This is what I cant understand, with the amount of so called postees buying mega on every dip such as nw99; who now will have lost around half their investment, not one is spitting feathers about their losses ??????

Don't get it or do I ;)

Another postee from the Darkside yesterday boasted he had sold all his other holdings and bought into PPG; today not a word from this same postee about his discontent about his loses.

[riddlerone] 02/3/2017 17:22

Agree Marvin,Directors at the very least should make an announcement 1st thing.They was happy to use VOX to pump it up .They should now be using it to give the shareholders and the market confidence in PPG's future

[marvin9] 02/3/2017 17:22

Well Riddle, you could not make it up...

[riddlerone] 02/3/2017 17:14

MaybeSum
"In my conversation with one of the company directors last week confirmation was given of a CM contract win by Attune Energy (Plymouth)for 2017. Reading through the company website information it is quite clear that Plutus is very well positioned for exponential growth and that a whole series of positive announcements by the company are going to arrive this year.
and also
"2.45p is a bargain price to buy in at in my opinion, given the scope and scale of what PPG are planning on delivering this year"

I really hope you tried to call this director today and asked WTF is going on and the actual impact to the companies "Well positioned exponential growth"if the OFGEM proposals are acted on.

[montynj] 02/3/2017 17:11

Honestly, Marvin9, that OFGEM announcement was a bolt from the blue. Yes, one would have expected a % cut or so from them but not the size that being advocated. Anyhow, it's not final. Furthermore, it affects only one aspect of the biz as they have multiple revenue streams. ..nonetheless, I decided to cut my holding today till I see the dust settle

[asturius101] 02/3/2017 17:11

Back to the .50's?

[barnetpeter] 02/3/2017 17:08

Closed at lows...more falls coming? Must be oversold now....

I agree with you forwood but I think the mkt had big plans for this company and there is now uncertainty til May or longer. That must mean finance may not be so easy to obtain and developments may be put on hold.

So good luck to holders and I hope this recovers soon.

[marvin9] 02/3/2017 16:59

Why thankyou Riddle, end of the day those who followed the Darkside got mugged on a daily basis, losing a fortune in cash ;) me included.

Me... I SAVED newby investors a fortune by advising not to get sucked into the... little ducks in line ramping hype.

What I will say is an investigation should be done to find out who was mega dumping ... Insider dealing is suspected and if so.. findings should be published and a prosecution brought on those involved.

SavvyBishop boasted ... Ducks in line?????????????? Looks like it was a Turkey lol.

This proves what I was saying all along ..... there are those on the Darkside who have their own agenda and have roped a doped you all into losing thousands.

[gspanner] 02/3/2017 15:41

Forwood - I would agree, doubled my holding, most today I'm please to say. 140k from Tue hurt a bit.

[simon1955] 02/3/2017 12:51

The scars of today's RNS will take a long long time to heal

[barnetpeter] 02/3/2017 12:17

This is terrible....what business is left?

[isa2020] 02/3/2017 12:11

How are the competition doing? Surely this should have the same effect on them - did they release an RNS?

[simon1955] 02/3/2017 11:56

Unfortunately this is far too early to consider topping up, below 1p again is looking very likely