Plutus Powergen Share Discussion Threads

[codydotcom] 06/12/2017 13:05

I'm going to break up my T-1 observations, otherwise this could be a long post....

The 2019 sites (from 2015 T-4 auction):

3 sites received 15-year CM contracts commencing 2019. Of these, the 2 we know are commissioned have been entered into the T-1 auction for next year:
Attune Energy Limited - Plymouth A - Diesel - Prequalified
Flexible Generation Limited - Crumlin - Diesel - Prequalified

The third site, Selby, has always confused me a bit. It was one of four sites entered into the T-4 under the applicant name Plutus Energy Ltd (along with sites at Plymouth B, Honington, and Ipswich Docks B). It was the only one of the four to win a contract. I originally assumed this was wholly PPG owned, but there has been little mention of it since. I'm confident it isn't one of the Rockpool sites. It hasn't been entered into the T-1 auction.

[1savvyinvestor] 06/12/2017 12:25

Mad doom and gloom!! Very odd 100k sells when you could sell 750 k at full bid earlier ! So that tells me not one person but a few nervy weaklings . Watch out for big buys very soon!

[maybesum] 06/12/2017 12:07

Where I wonder is Bishoppawn? No posts on his own thread at a time of steady daily selling...hmmm....

[codydotcom] 06/12/2017 11:03

Some more detail from the upcoming T-4 auction.

The 4 remaining Rockpool sites:
• Equivalence Energy Ipswich 2 Conditionally pre-qualified
• Reliance Generation Marchwood A Conditionally pre-qualified
• Portman Power Marchwood B Conditionally pre-qualified
• SelectGen Selby Plot 15 Conditionally pre-qualified
All of the above are flagged as "New build yet to satisfy financial commitment milestone". Also, Selby is flagged as having conditions attached to the planning consent.

4 new sites:
• LF Flexgen Letchworth A Conditionally pre-qualified
• NRS Power Letchworth B Conditionally pre-qualified
• KI Power Medway Rejected
• FC Powergen Witney LNG Pre-qualified
The 2 Letchworth sites are also flagged as "New build yet to satisfy financial commitment milestone" and having conditions attached to the planning consent. Note also that Medway has been rejected already, so won't be going to auction. Witney LNG looks good though, having fully pre-qualified, already met financial commitment milestone, and no planning consent conditions.

All in all, a bit disappointing if you ask me. Competitors are ramping up much faster than PPG are. I'm off to have a look at the T-1 data....

[stardrops2] 04/12/2017 08:50

But we are in agreement suitable gas sites have been identified,finance agreed and planning process started for a least 2 gas sites and possibly more

[1savvyinvestor] 03/12/2017 18:48

My understanding is that gas announcements looking increasingly likely but I believe that the CM announcement of Letchworth is incorrect as the site has some technical issues to overcome. We will hear when we hear just how many gas sites are past planning or in planning and whether ready to be entered into T-1 and T-4 auctions. Better to be in the share than out!!

[stardrops2] 03/12/2017 09:14

2 gas sites going to Auction

A1(M), Letchworth Garden City, SG6 2ER
TL 237 327New 20MW gas-fired facility, metered on the distrbution network boundary using a COP2 meter with no auxilliary load on site

[1savvyinvestor] 01/12/2017 16:02

Well it's certainly not a day trade!!

[montynj] 01/12/2017 14:18

I hope that big late trade is indication of someone building a stake in the company

[nw99] 01/12/2017 13:42

Just upped my stake in the company

[nw99] 01/12/2017 13:38

Nice means business

[1savvyinvestor] 01/12/2017 13:35

Serious trade just popped up from yesterday at 2.62.

[pbanus] 01/12/2017 11:03

Worth having a read of the TESLA article on the BBC website relating to the 100MW Lithium Battery in Australia, just the right kind of publicity that PPG needs to get the story of the benefits out to a wider audience

[montynj] 01/12/2017 10:55

What would be nice is to see evidence of some big volume buyers coming in

[pbanus] 01/12/2017 10:28

we're getting back on that trendline

[basem1] 01/12/2017 10:06

Hoping for a higher high here, be nice to see 2.7 on the offer....for starters.

[montynj] 01/12/2017 10:04

Good to see share price yet again bouncing off that 2.30p area and up through 2.5p...it's only a matter of time before share price really takes off

[isa2020] 30/11/2017 16:42

Nice small rise, today

[pbanus] 30/11/2017 05:34

Twitter, "With more of our sites being commissioned and more getting planning we will be targeting the February Capacity Auctions ; Britain to hold 2021/22 back-up power capacity auction next February"

[pbanus] 29/11/2017 16:41

hopefully today we have waved goodbye to those who were just holding the shares for a quick profit following the bulk of the commissioning news.

Hopefully with each new RNS we'll be attracting some new investors who share this view,

"As a result, our investment case, which positions Plutus as a low-risk, asset-backed company with stable revenue streams, continues to strengthen."

which I thought was very well worded this morning.

[seagreen] 29/11/2017 10:59

Less people on ADVFN know about the potential the better...fruit flies seem to fly in devour it and then spit it out shouting and screaming at each other....slow and gentle an dunder the radar is the best way...the general market seriously has not picked up on the increased NAV potential.

[maybesum] 29/11/2017 10:56

Well, double the sites from yesterday, two to now four and the Bod indicate that Dec. will be a bit special too!! What is your take on things currently Bishop?

[spawny100] 29/11/2017 09:22

Agree Megan. I have some big reservations with renewables given their intermittency. Given though that many nations are hellbent on focussing on renewable energy there will always be opportunities for this sort of company behind the scenes. A sort of twin ugly sister to renewables I guess but an essential part of the mix as you say.

[meganxmas] 29/11/2017 09:18

Added two lots of £2k earlier. Feeling more and more comfortable with this ... Totally needed by the market and biodiesel based. MOving towards gas. Great financing structure. Not renewables but an essential part of overall mix.

[nw99] 29/11/2017 09:14

December will be good as well