Plutus Powergen Share Discussion Threads

[sweepie2] 08/3/2018 14:24

No its not mine but I'm just looking at the time of the trades, just a few seconds apart, have got them on the watch list, last time did all right with them, a solid well run company

[folderboy] 08/3/2018 14:04

Rollovers? You sure? Yours?

One at 1.89p and one at 1.9p - so you are saying sold at 1.89 and re-purchased at 1.9?


Seems overly generous of the market maker.

You may well be right - without offence - it would be nice if you are wrong on this occasion. Could do with some volume buying here.

[sweepie2] 08/3/2018 14:00

The 1m trades this morning are rollovers, can only see the £5k buy, not really serious buys so far today

[nw99] 08/3/2018 13:04

Serious buys today news coming

[bishopawn] 07/3/2018 14:40

Correct plus news on sites ready to go with planning permission already in place plus news on partners.

[maybesum] 07/3/2018 10:47

Funding news for the gas sites is what we are anticipating will be next I take it.

[1savvyinvestor] 06/3/2018 18:38

They were but remained a separate business. Now double the price.

[pbanus] 06/3/2018 17:35

I thought Alkane Energy had been bought by Balfour Beatty for around £61M in 2016. Wonder if Balfour Beatty will now be on the lookout for another investment opportunity?

[2pablo] 06/3/2018 15:38

This is him : Thomas Edwards
‏

@NotionalGrid

[2pablo] 06/3/2018 15:31

Can't find your Thomas Edwards, tried about 6 of them

[1savvyinvestor] 06/3/2018 13:47

According to Alkane website they currently have 145MW of installed generating capacity. And the cost of acquisition is £125 million. That equates to £862K per MW.

[1savvyinvestor] 06/3/2018 13:27

There is an extremely interesting guy on twitter who works for Cornwall-insight.com - He is my source for saying that the price being paid works out at £781 per KW which brings up my figure of £15 million per site. Of course not the same tech but it shows you what these sites can be sold for. Follow him - Thomas Edwards

[2pablo] 06/3/2018 11:26

Bishop, yep those figures seem about right. Today Infinis announced :

"3i Infrastructure plc, Infinis’s shareholder, intends to fund this acquisition(of Alkane) with a followon investment of c. £125 million. Completion is subject to third-party approval.
..... As at December 2017, Alkane had 160MW of installed
generating capacity operating across 32 sites across the UK."

Although we obviously have a lot of similarities in generating capacity, it also has several CoalMineMethane powered plants "Alkane operates the largest portfolio of CMM sites in the UK, capturing methane from mothballed and closed coal mines and converting it into electricity. As at December 2017, Alkane had 160MW of installed generating capacity operating across 32 sites across the UK."

Perhaps the actual generating capacity is the most significant statistic but our methods aren't the same as their's

[bishopawn] 06/3/2018 11:17

£13.39 million current Market Cap for Plutus with 723.93 million shares in issue.

£6.75 million per site to Plutus in 2019 possibly would equate to an overall value of £60.75 million to Plutus upon the sale of the Rockpool sites (9 units).

If the market cap were £60.75 million, then the share price should be around 8.39 pence.

[bishopawn] 06/3/2018 11:07

20MW now in operation with a further 60MW targeted for 2018 excluding gas sites
-- Heads of Terms with JCB Power Products agreed to co-operate on site development and maintenance

-- Planning achieved for all 180MW partnered with Rockpool
-- Expansion into energy storage projects with London and Devonshire Trust
-- Strengthened gas site pipeline with development partners

--------------------------------

By the end of 2018, we will have 9 X 20MW diesel power units in operation, which should be valued at around £135 million to be bought out by a predator, if valuations are on the same terms as the deal announced between Infinus and Alkane Energy today.

That is very unlikely to happen so soon, because of the very ambitious plans that Plutus has to develop the gas sites and battery storage, and will wait until that is all at a mature state of development/implementation before considering the offers from any predators.

The figure of £135 million for the Rockpool sites concentrates the mind about the chunky values that will come Plutus' way, should Rockpool decide to sell sooner rather than later.

[2pablo] 06/3/2018 11:05

Savvy, sounds good. Previously on 26th Feb you estimated about £10m a site : "Figures have averaged around £10 million per site which sounds reasonable given revenues of over £1 million annually. The £4.5 million profit would then be split 45 % Plutus and 55% Rockpool. This would give us around £18 million profit on our work. I am being deliberately cautious with this estimate and it could be substantially higher"

At £15m a site, each site would then make £9.5m profit, so our 45% would equal £4.275m per site. Multiplied by nine sites makes £38.475m

Anyway, these are just figures not facts

[bishopawn] 06/3/2018 10:57

Wow!! Wowee!

[1savvyinvestor] 06/3/2018 10:08

hTTps://www.alkane.co.uk/News-and-Updates/post/infinis-announces-the-acquisition-of-alkane-energyWow . At that valuation each rockpool site is worth £15 million . Just WOW

[1renard] 02/3/2018 23:01

Don't think so . They won't be paid that figure but will have just tweeted a maximum out there in the market. I suspect maximum payments would have been £450 but that's still good.

[bishopawn] 02/3/2018 18:14

Plutus Tweet yesterday: "Backup power now attracting rates of up to £995 per MW hour."
So Plymouth ( 20MW X £995) for example could be close to £20,000 per hour.

[nw99] 02/3/2018 14:19

Electricity prices hit 10-year high as cheap wind power wanes

[stardrops2] 02/3/2018 10:20

I think we should have Cody as the Nomad.

[jackspratt] 02/3/2018 10:17

For what it's worth I've read through lots of papers submitted to OFGEM regarding the Triad debate (there are +100 papers available to view through the OFGEM website). My view is the out outcome of the review will settle around a price of £18-£20 /kwOfgem.gov.uk/publications-and-updates/responses-our-July-open-letter-charging-arrangements-embedded-generationLinks from here to PDF's of every response sent into them which will obviously form part of the judicial review.Given other recent proposals Triad is less important than it was but it counts.

[codydotcom] 02/3/2018 10:12

Not really. I'm just a bit geeky about this stuff :-)

[1savvyinvestor] 02/3/2018 10:09

wow; you are a fund of technical information cody!!