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PPG Plutus Powergen Plc

0.025
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Plutus Powergen Plc LSE:PPG London Ordinary Share GB00B1GDWB47 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.025 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Plutus Powergen Share Discussion Threads

Showing 5451 to 5473 of 10275 messages
Chat Pages: Latest  219  218  217  216  215  214  213  212  211  210  209  208  Older
DateSubjectAuthorDiscuss
19/4/2017
13:56
I think we see minimum 2.5p before June
nw99
19/4/2017
13:34
Hey yaz. Bishop is number 1 fan of ppg and actually pretty knowledgeable but can come across a bit rampy. However the fundamentals here are exceptionally good. Price has been crashed by an over reaction to the march review by ofgem . Silence from plutus is what they promised after that until may . If investors are feeling brave and / or confident this is an excellent price to get in. An AIM company making money with the prospect of making a lot more. Not a " no brainer " perhaps but a lot of upside is a huge possibility
1savvyinvestor
19/4/2017
12:54
'This has got to be a no brainer and cheap as chips.'

Comments like no brainer and cheap as chips smell like desperate attempts to ramp, judging from the share price no one is listening to the endless ramping anyway.

yasz
19/4/2017
12:42
This has got to be a no brainer and cheap as chips.
I reckon that it can't be too long before Cantor Fitz starts putting people into these shares again. Better to be IN earlier rather than later, then.
Best of luck

bishopawn
19/4/2017
11:35
Added a few more this am agree with what you guys are saying oversold primed to rally
nw99
19/4/2017
06:42
I'm pretty sure that the asset finance is purely for the engines. The original Rockpool funds are enough for the whole planning process , acquiring the site and preparing the ground . Hence asset finance only kicking in a month before going live . If we assume a turn on date of November 1st we would have confirmation of asset finance some time in September. Add to the above likely announcements regarding gas sites and newsflow should start to build from May / June onwards.
1savvyinvestor
18/4/2017
19:03
Question of finance is an interesting one. The funding was only confirmed a month before the site went live so you are right construction must have been well underway. Not sure such a sum would be needed as working capital as the sites are very low cost to operate.. but it does beg the question what it is for, connection charges? Final payments for generators/installation etc? If so risky to start the project unless 100% sure the balance of funds would be there! The other sites must be underway as we speak to bevready in time for winter?
danyo11
18/4/2017
18:36
"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."

The Plymouth site was built and ready to run prior to PPG needing to secure the debt finance (assume for working capital purposes). So the remaining planned sites can be built from the Rockpool funding, which hasn't gone away. This is how I interpret the answer above.

But as each site is completed, PPG will need to go and secure finance for the working capital. This was always the plan, as announced in several RNS (Oct 14, Dec 14, Feb 15 etc).

When the debt for Plymouth was secured back in October, the RNS stated that interest was to be charged at LIBOR + a fixed rate. That fixed rate obviously dependent on the lender's view of the risk. The RNS also stated that talks were ongoing re further funding.

So it seems clear to me that the sites can be built (from the Q&A) but will need further funding in order to operate. Not to say that funding won't be secured. The question in my mind is how much the risk profile may have changed, and therefore the potential impact on LIBOR + fixed rate. As in personal finance, the less secure your income, the higher the cost of borrowing money.

codydotcom
18/4/2017
14:26
On the Gas front, wondering if it will be more a case of merchant sales rather than short term standby..in other words, plants producing electricity on a continuous basis. If so, more revenue would be generated for the company.
bishopawn
18/4/2017
13:25
Result of review is expected before the election... do you think it will have any bearing? Security of supply as important as it is not likely to feature in anyone's campaigns. Is the point of a regulatory body to be removed from politics?
danyo11
18/4/2017
12:34
General Election!! Any thoughts on what that will do to Ofgem proposal? Gut feeling is that it makes the two year moratorium more likely. That would be very good for our holdings here!!
1savvyinvestor
18/4/2017
09:44
Gas fuelled Capacity Market Power plant opens.

Green Frog Power are please to announce the completion and successful testing of their first gas fuelled power plants at the Drove in Bridgewater Somerset and at Grange Road in Letchworth Bedfordshire.

These two power plants represent the first MWs of power to be commissioned under the Governments new Capacity Market. The combined 21MW were built in only 5 months and are now fully operational. Although these are relatively small sites for Green Frog, it is an early indication of things to come, and lays the foundations for future developments. The company hold capacity contracts with National Grid to build a total of 229MWe . 5 further sites are now under construction and are scheduled to be operational by next winter. Mark Jones Managing Director said “This is an exciting time of growth for the company the first two sites went perfectly to plan and came on line ahead of schedule. We are looking forward to delivering our planned 1000MW in the next 3 years. Our fast responding efficient and clean gas plant is just what the market needs and we are delivering faster than anyone.”

1savvyinvestor
18/4/2017
09:19
I've been looking into the gas sites provided by Green Frog.

Green Frog have successfully commissioned its third gas fired power plant in only two months.

The site located at Lester Way in Wallingford Oxon is a12MW site built in response to the Governments recently developed electricity Capacity Market. It is capable of powering 12,000 homes and will contribute to solving the current capacity crisis in the UK. The plant will be operated by Green Frog Genovate and the power will be managed by Green Frog Trading.

Managing Director Mark Jones said “We are delighted to be commissioning this, our third plant. We have six more sites under construction and have a delivery plan for 1000MW over the next three years. With our in house capabilities to find land, develop the power plants, connect to the gas and electricity grids and then maintain the asset and trade all of our own power, we are able to manage the whole process from start to finish in the most efficient manner possible.”

This is excatly what Plutus is planning. I think we could get news on this in the not too distant future

1savvyinvestor
17/4/2017
22:48
just copy and paste a very successful business ! Read about green frogs gas sites. Exactly what we are likely to hear about here. Ignore the doomsayers on other ill informed threads!!
1savvyinvestor
17/4/2017
21:32
Do not underestimate the effect that the deep cut to Triad will have on PPG profits. No wonder the Rns was so terse in its wording Mar 1st. Prawn and his chums would have us believe everything in the garden is still rosy! IT MOST DEFINATELY IS NOT.
maybesum
16/4/2017
23:18
I have updated the header with two Q & A from the Company Website, which to me are very helpful in considering immediate future developments and removing any irrational fears of obstacles to implementing the business plan.

We just need mid-May out of the way and buyers will be piling in once again.

bishopawn
15/4/2017
13:55
Cantor F. will change to a BUY recommendation sooner rather than later, I guess, or others may recommend those with deep pockets to buy ahead of the May watershed. Once Ofgem has spoken, Plutus can be free to release its next tranche of news, which will be all good to very good. Using Gas as the fuel as part of the mix (lol!) - safely one must add - could be an interesting and profitable initiative. This can return to 3 pence very smartly, I wager, and have already wagered several times in recent weeks. Just a matter of sitting tight until Plutus starts to create the news again. Good luck to the crew of the good ship Plutus.
bishopawn
14/4/2017
13:50
The only people to have made real money on here are the shorts...sometimes I wonder if the ultra bullish on these boards are really trying to encourage buyers so they can sell short. Anyway I am long but not with big blinkers....
barnetpeter
13/4/2017
21:48
There is always at least one willie-wonker on every discussion board.

We have more than one here. LOL!!!

So boring for us, but not for them, who entertain themselves in some way known only to themselves, as they wrongly think that anyone here is taking them seriously.

The big hitters have only been increasing their holding given this recent weakness.

Inside information is conveniently available on the Plutus Website within the Q&A section - which the willie-wonkers need to study carefully and soon, before it is too late to have a change of mind. They are going to look rather foolish shortly, when this bounces over previous highs.

Mood bullish reading between the lines...So I expect some big buying between now and 8th May.

bishopawn
13/4/2017
19:42
Can't be clearer than that :)
danyo11
13/4/2017
19:21
Are you reading properly or not ?Savvy quoted from the Q&A section of company website: " Rockpool funded sites are being built out and funding is available for the completion of this process".The operative words being "funded". They are funded, mate. Can't be clearer.Even your quote from RNS says "....eight Rockpool investment funded companies". Again, funded means funded. ..cannot be clearer. ...
montynj
13/4/2017
17:23
Montynj, that is factually wrong, there was has never been a drawdown agreement and facility announced. Read the last interim results:

"-- GBP3 million asset financing facility committed for Attune Energy Limited, which holds the operational 20MW site, by Lombard North Central plc ("Lombard") "

and then the previous debt financing RNS:

"Plutus PowerGen plc, the AIM listed power company focused on the development, construction and operation of flexible power projects in the UK, has arranged a GBP3 million asset financing facility for one of its indirect investment companies with Lombard North Central plc ('Lombard'), a subsidiary of Royal Bank of Scotland PLC (the 'Facility').

PPG is also participating in ongoing discussions with Lombard for the provision of additional asset financing facilities of up to GBP22 million on behalf of the other eight Rockpool Investments LLP ('Rockpool') funded companies"

I understand that you really want what you're saying to be true, i get that...but it is not and therefore just false information that you are posting here. Discussions were ongoing and that is the last announcement that has been made on the subject. Unless you're saying you're party to some inside information that the rest of us are not?

12124545
13/4/2017
14:45
Thanks savvy. ..that last paragraph about the funding just reaffirms what we've always been told i.e. the funding is there..the company have repeatedly said this but certain posters on advfn with agendas have always disputed this...the funding is available to draw on when needed...no point taking funds now and be charged till u actually need it. We have said this so many times but people prefer to listen to derampers
montynj
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