Plutus Powergen Share Discussion Threads

[1savvyinvestor] 13/4/2017 15:06

Two new Q & A questions and answers on Plutus website;

Q; How did the Plymouth site perform" during the past winter?

April 2017
The Plymouth site is performing very well. Additionally, valuable lessons have been learnt that are assisting in both the execution of the build-out of further sites and which will increase their efficiency once operational.

Q: Are the nine Rockpool sites going ahead as planned? Will asset finance or other funding be available to Plutus?

April 2017
As previously announced by the company, Rockpool funded sites are being built out as planned and funding is available for the completion of this process.

[bishopawn] 12/4/2017 16:10

They must be big ones...But thanks for the nice price at 16.05, just a wee morsel to add to the ISA.

[12124545] 11/4/2017 21:10

I think anyone shorting from 3p would have cashed in by now. Unfortunately, the reality is that there is still a huge seller around. My guess is that it is paternoster selling out

[1savvyinvestor] 11/4/2017 19:33

Of course a possibility!!

[gerrykells] 11/4/2017 18:33

Perhaps they are shorting?

[1savvyinvestor] 11/4/2017 15:53

Smoke and mirrors here. We are all obsessing about Triad. With full Triad we should be looking at 10p per share based on all information out there. The current price of just over 1p is already counting Triad as worthless. Although original Rockpool document indicated 55 % of revenue from Triad these docs are over two years old. My understanding is that Triad is currently about 35% of income. Yes - this is significant but it is already factored in - and overdone. There is going to continue to be nervousness until mid May but this company is about so much more than just Triad (indeed I would hazard a guess that most people hadn't even heard of Triad until the Ofgem announcement). There is a significant cost to companies to be available for Triad payments. PPG is known to be eying up Gas gen and announcements could happen sooner than pessimists expect. My guess is that without Triad we are still looking at £750K EBITDA per 20MW site . One further question; Why are a couple of bears constantly trying to knock PPG? Are they altruists or do they have an agenda? If invested they show a funny way of supporting the company or even trying to understand it

[montynj] 11/4/2017 15:28

1214....see my post 4036

[12124545] 11/4/2017 15:09

montynj, until PPG confirm there is finance in place then the fact remains that finance IS NOT in place. I really do not see the argument here, the Co put out an RNS to confirm £3m funding only has been agreed, fact. The Co also talked about bonds being agreed well over a year ago now so fair to assume that these aren't going ahead. No lender in their right minds would give out £23m without question to a Co that has just been told it will have to wait till may to find out whether it's biggest revenue stream is being significantly cut so i'm pretty sure any further bank funding will be on hold until the outcome of the consultation.

[montynj] 11/4/2017 13:55

Hi Cody, good question. ..to be honest it was a passing remark from the chairman a few months ago which I asked him to elaborate on but the answer was too complicated for my understanding..even he agreed it was difficult to explain. Suffice to say it is high operating cost hence why they have been looking into other revenue streams anyway and have them targeted. ..that's why the BOD are bullsh and not worried about Triad. ..

[montynj] 11/4/2017 13:28

Now 1212 u r now just ignoring all I've said. Wasting my time. ...financing in place. .this has been said many times.

[12124545] 11/4/2017 13:23

"and for those "scenarios" the chairman refers to they have been explained and gone through endlessly on this board over the last month but people prefer to ignore. People ignore the multiple revenue argument. ..people ignore a new source of rev to offset triad etc. People ignore fact that Co is reluctant to detail now as it's like a poker game. They don't want to show their hand to Ofgem now and inform Ofgem that they can live without triad. .all these things we've talked about. .barnetpeter says that someone knows something bad and that's why share price is down. ..if that was really case then I would have known something bad cuz I sold my 4.8mn shs at 1.57p, which I published on this board, and I did so cuz I was ducked in by the derampers out there..I became a lemming like others. ...this can happen on aim shs. ..some investors have other agendas and like scaring others out so they can make money. ..anyway I'm back in...chairman's statement is enough"

...So the derampers were correct and you have been able to buy back cheaper! It's pretty clear that there's a significant seller in the market (though rampers ignore that fact)so you should hold out further (under 0.8p for starters) if you want to buy back in or wait for the potentially massive discounted placing if the Co needs to raise money.

[codydotcom] 11/4/2017 13:13

Montynj post 4020: "they have various revenue streams of which triad is only one and is the most costly to run too."

I'm interested to hear why you think triad is the most costly to run? I've not heard that argument before.

[codydotcom] 11/4/2017 13:02

Multiple revenue argument: I have multiple revenues coming into my household. If the most significant revenue ended, the rest wouldn't have a chance of maintaining our current lifestyle.

New source of revenue: There are many potential revenue streams under demand response services, but Triad is the most lucrative and easiest to capture.

[montynj] 11/4/2017 12:06

and for those "scenarios" the chairman refers to they have been explained and gone through endlessly on this board over the last month but people prefer to ignore. People ignore the multiple revenue argument. ..people ignore a new source of rev to offset triad etc. People ignore fact that Co is reluctant to detail now as it's like a poker game. They don't want to show their hand to Ofgem now and inform Ofgem that they can live without triad. .all these things we've talked about. .barnetpeter says that someone knows something bad and that's why share price is down. ..if that was really case then I would have known something bad cuz I sold my 4.8mn shs at 1.57p, which I published on this board, and I did so cuz I was ducked in by the derampers out there..I became a lemming like others. ...this can happen on aim shs. ..some investors have other agendas and like scaring others out so they can make money. ..anyway I'm back in...chairman's statement is enough

[1savvyinvestor] 11/4/2017 11:59

and as for talk about directors selling - just not going to happen. All locked in with massive personal interest in the company.

[montynj] 11/4/2017 11:54

Received following email the Chairman:"Can't update until Ofgem announcement in mid May. We know what we will say depending on their announcement. We are bullish in all scenarios.You can quote me on the above last para."

[barnetpeter] 11/4/2017 11:26

I had a CEO write to me daily to reassure me about a company on aim. Massive deals he said he was hoping to close. Then he sold all his stock for "personal reasons" and the company was bust within a month. Never ever trust small cap aim stocks. Don't listen to all the hype from the desperate who have invested the farm ....a bit more realism and honest comment on here please. It's down approximately 70 per cent since that rns. Someone is selling heavily at a big loss. Do they know something we don't?? That's what I want to know.

[montynj] 11/4/2017 11:13

12143567 or whatever your name, speak to Co yourself on financing and get their answer. ..they will honestly tell you that financing is all in place. All you are doing is diseminating false or misleading info which is not good

[montynj] 11/4/2017 11:10

hey barnettpeter or is it marvin9, u obviously haven't read all our posts over last 2 months. ..the Co have indicated that they have other things going on which can anyway more than neutralise loss of revs on triad but obviously don't want to announce that right this second cuz if of gem knew then they would just cut. Don't u get it ? If you were Co would u really want to show your hand ahead of the ruling. Seriously mate...think about it...why don't you talk to the Co yourself and get an idea. They obviously can't give you inside info but at least will help you understand better. ..all you are doing is contributing to a share price fall in a vacuum. .those who are selling on conspiracy theories will regret their decision. ..why don't you all contact Co yourself rather than guessing. ..

[yes yes] 11/4/2017 11:04

you might be right but no planned updates from the company until May is simply ridiculous..

[12124545] 11/4/2017 11:04

This is getting sold off hard now, hard to believe some posters on this thread won't admit there is a big seller. When this goes sub 1p it could really fall quickly, year lows are around 0.8p, if that doesn't hold then it really is bad news for investors here.

I think funding has gone so the remaining sites won't get built and the company will fold.I can see a placing or worse, death spiral finance coming here soon as the Co needs money to fund the sites. What happened to the bonds they promised were nearly completed over a year ago? It's all well and good saying they making enough to cover the massive salaries of the BOD but the Co needs over £20million to fund the sites.

Lets be honest here, a sustained and massive sell off like this doesn't happen for no reason, the people in the know are all fully aware of how bad a position PPG are really in. No bonds, no bank funding - death spiral finance with a load of cln's or a massively discounted placing looks very likely here i'm afraid to say.

[1savvyinvestor] 11/4/2017 11:01

Ok; you have pointed out the negatives which the market is clearly currently agreeing with. I have spoken with Green Frog who are not quoted and so not so effected by day to day noise . No intention of pulling out of the market. Indeed they continue to view the potential positively and may be looking to acquire more capacity. I agree with the dangers of lower cap AIM companies but the share price can over - react in both directions to perceived dangers or opportunities. I feel that the opportunities are being completely ignored here.