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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Plexus Holdings Plc | POS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.125 | 1.19% | 10.625 | 08:22:02 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 10.50 | 10.50 | 10.625 | 10.50 |
| Industry Sector |
|---|
| OIL EQUIPMENT SERVICES & DISTRIBUTION |
| Top Posts |
|---|
Posted at 18/11/2024 23:46 by disc0dave46 I simply stated that prior to the interims it was Green, now it's Amber / Red. In a matter of months. Not disputing the reasoning other than it's a massive drop through Amber/Green, then Amber to Amber / Red. Particularly as its previously issued going concern and cash issues to start with....thus IMO it should never have been Green. But hey Paul can assign whatever he believes is appropriate, doesn't mean folks have to agree.Don't recall there being any correlation with the ratings based on the self serving actions or effectiveness of the BoD (zero mention of management - which is of concern to me with regards to POS).Can keep dancing around this issue but it's a personal decision not dependent on what anyone says or does. Have also posted previously that I'd prefer to see this move on fundamentals not because of what someone says on a podcast or on here. |
Posted at 18/11/2024 17:29 by disc0dave46 I've posted up facts from the Stocko small cap reports. It's not idle speculation at all. Paul had POS as "Green" even before their their March interims and it's now "Amber / Red". When "Green" it had previously also issued material uncertainty when I'm assuming Paul had a smaller position (will correct that if not accurate), so no difference to now even with holding 3.2%.My overall point is it should never been "Green" the risks were still very much in view following fund raises and material uncertainties, the significant down grade by Paul was overdue and as I posted, IMO its Red all day long. A pure punt / gamble nothing more. No offence to Paul but I'mnot swayed by his bias to put my hard earned in here and that's my choice, as is anybodys that does buy. I took on board Paul's optimism but not buying it predominantly due to the BoD's actions. |
Posted at 05/11/2024 09:35 by emigna2020 MichaelG1 - 04 Nov 2024 - 12:14:28 - 7356 of 7398 POS - Teh plan - POSCall to set me up on the new place .................. Hello a new ward then? |
Posted at 29/10/2024 13:02 by elpirata whoosh the don just hit $56elpirata - 15 Oct 2024 - 09:52:20 - 6395 of 7156 POS - Teh plan - POS I note DJT is on a roll, $12 to $33 in 2 weeks |
Posted at 22/10/2024 07:28 by paulypilot Remember that any fundraise is coming from a position of just having reported spectacularly good results for FY 6/2024. New management should be able to do impressive presentations to investors, explaining the upside from winning more contracts like the £9m rental deal that's shortly completing. Plus the new units under construction to meet demand. Read the commentary carefully, and there's some good stuff in there. So it needs a cash top-up to get there. I reckon raising say £2-3m would be a doddle on the back of these 6/2024 numbers.But obviously we need to get the Budget out of the way next week, that seems to have brought everything to a standstill. Personally I draw a big distinction between some blue sky AIM rubbish that has to de-list because it can't sell anything, and POS which has just reported superb profits. Yes, one-off deals, but I see a £9m contract as a major success, proving up that they have special technology. It says something in the narrative about them publishing details of it, to demonstrate what they're capable of doing. It's a classic case of seeing things either glass half full, or glass half empty. Each to their own. I'm excited about the potential, but a little apprehensive about the terms of any fundraise. Bear in mind old mgt own c.60%, so they won't want to be diluted, that's been the main story of the last few years - getting through a long lean patch with hardly any dilution, and the $5.4m Schlumberger deal was further evidence that this tech is valuable and proven. |
Posted at 16/10/2024 10:44 by barry evans Good morning AVATAR333 and el.Report a post Poster: elpirata Thread Title: POS - Teh plan Post Excerpt: good latemorn avatars Please fill in the form below to submit a review of the post. Reason for reporting: Off-topic Comments(optional) (No HTML and 500 Character Limit): |
Posted at 03/10/2024 08:48 by paulypilot Of course I'm not going to sell into any "effect" from the podcast with Paul Hill. That would be deplorable, and it's just not what I do. We just enjoy chatting about interesting shares, only a few of which I hold personally. There is no hidden agenda. If you invent an alternative agenda, then that just says more about how your mind works, than mine!My POS position is long-term, and the largest it has ever been. Obviously I would have to tell you (via an RNS) if I sold any significant amounts, as I'm just over 3%. I know people like to think they sound clever when making up posts about other holders, but it's actually just annoying & inaccurate reading some of the above. Focus on the company, not gossiping about other people maybe? News now long overdue, every day I look for a fresh RNS from Plexus, telling us how our company is getting on, and it's a daily disappointment to hear nothing. When will they put us out of our misery?! I can't stop people trading in & out, we can all do whatever we want with our own money. In the long run this will all be background noise anyway, as it's the commercial success or failure of the company which will determine whether we make decent money or not. Paul. |
Posted at 08/9/2024 08:29 by emigna2020 MichaelG1 - 24 Jul 2024 - 08:36:26 - 2445 of 4413 POS - Teh plan - POS#2442/1 - aye, I was served up a big sh1t sandwich and refused to take another bite. WAFBOCs. American owned - 2 bad quarters, and boom everything turns to sh1t. //////////////////// hahahahahah best post of the year |
Posted at 26/2/2024 21:43 by jeffian Aye, but not a patch on the dividends....."goatherd - 11 May'03 - 19:20 - 15315 of 32915 ......... The other way of valuing is to look at dividends. Freelance in post 15293 of 10th May posted “The dividend issue is also very pertinent. The company told me about a month ago that they were projecting dividend payments within '2 to 3 years' as they had no intention of going on the acquisition trail and that they intend to keep the headcount low both in the UK and in Frankfurt.” Now if post-cash cash is £337, and the company follows the policy in the Freelance post then I would suggest the dividend would probably be covered 1.5 times. This gives a total dividend of £224m, for 114m shares, or £1.97 per share." |
Posted at 16/2/2024 17:49 by bloomberg2 Plexus Holdings Plc Licence Agreement with Cameron, a Schlumberger Co.Source: UK Regulatory (RNS & others)TIDMPOSRNS Number : 7508EPlexus Holdings Plc10 November 2020Plexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services10 November 2020This announcement contains inside informationPlexus Holdings PLC ('Plexus' or 'the Company')Licence Agreement with Cameron, a Schlumberger Group companyPlexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP(R) friction-grip method of wellhead engineering, is pleased to announce that the Company has entered into a licence agreement (the "Agreement") with Cameron International Limited ("Cameron"), a Schlumberger group company, the world's leading oilfield services provider.The Agreement grants a non-exclusive licence to enable Cameron to use the Company's POS-GRIP and HG(R) metal-to-metal seal method of wellhead engineering for the development of conventional and unconventional oil and gas surface wellheads.Pursuant to the Agreement, Cameron shall pay a royalty to the Company based on the number of wellheads sold, leased, rented or otherwise supplied in each calendar year in the range of 3% to 6%, which shall apply up to the end of the 2029 calendar year, subject to the terms of the Agreement.The Agreement provides for a modest minimum performance requirement with respect to wellhead sales in a market that historically has consumed tens of thousands of production wellheads per annum. If Cameron does not reach the minimum performance requirement, it can elect to pay a "top up" royalty fee.In addition to royalty fees, Cameron shall pay the Company a capital licence fee payment of US$500,000 in exchange for the non-exclusive licence rights.If Cameron wishes to initiate additional projects, the parties have committed to work together to agree the scope, terms, objectives, territory and royalty rates and royalty duration of each additional project.The Company has a general obligation to provide Cameron with comprehensive guidance as to how to apply the specified intellectual property, including a specific obligation in relation to how to apply the POS-GRIP friction grip method of engineering for a period of two years from the date of the Agreement.The Agreement is for an initial term of three years with the option for Cameron to extend the agreement for a further six years. The Agreement contains customary provisions permitting either party to terminate the Agreement upon the occurrence of other events, including upon a material breach of the Agreement.As the industry pivots away from coal and oil to natural gas as the preferred future hydrocarbon energy source, as well as for the production of hydrogen, it is essential that a choice of dependable technology is available for application throughout the supply chain. At the wellsite, this certainly applies to wellheads where leak proof performance, particularly for natural gas, is important throughout the life of a field, and where wellheads have historically required maintenance to maintain integrity.POS-GRIP wellheads are "by design" capable of delivering life-cycle integrity by employing integral metal seals, which are externally pre-loaded, against permanent wellhead fixtures. This alternative method of engineering is achieved with a rigid assembly, for which critical actuation forces are accurately controlled, monitored and verified, to simultaneously energise multiple seal bumps, which maintain gas-tight integrity throughout the life of a well.Plexus' CEO Ben van Bilderbeek commented:"I am very pleased that we have entered into a non-exclusive intellectual property licence agreement with Cameron, a Schlumberger company."The first of what we hope will be many joint development projects between our two companies, will be the design and development of competitive and technically differentiating surface production wellhead systems, which incorporate our proprietary POS-GRIP friction-grip technology."The POS-GRIP method of wellhead engineering has over the years demonstrated that it delivers life-cycle integrity for critical seal systems, particularly for gas applications."The project will focus on the application of scientifically configured and actuated proprietary sealing methods, which can guarantee leak-proof and maintenance-free performance, throughout the life-cycle of a well. Such features are particularly relevant as the move towards net-zero emissions is demanded by ever more informed investors, and the environmental lobby."The resulting wellhead products will be marketed under the Cameron trademark, whilst in the meantime Plexus continues to offer its own proprietary wellhead technology, with focus on special applications and technically challenging projects, as well as innovations."Our joint aim is to demonstrate that with the right technology, our industry can achieve Totex savings, whilst at the same time addressing Capex issues, which are generally associated with the provision of the higher standards needed, whilst helping to responsibly develop oil and gas reserves."Paul Sims, Global Business Director - Surface Production at Schlumberger, commented:"We are looking forward to working with Plexus to explore the use of friction-grip technology in our wellhead systems." |
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