Plutus Powergen Share Discussion Threads

[1savvyinvestor] 23/7/2018 11:25

Its called using your brain. The capacity market auctions were a disappointment to the whole industry. Everyone is looking at income streams. The most profitable for gas sites will be merchant sales and Plutus will be well positioned.

[pbanus] 23/7/2018 10:42

the change of strategy has resulted from the weak capacity market mechanism results. The investment case is now weaker. Their "revisions to modelling" will have resulted from that. The Triad RNS was in 2017 - no meaningful RNS regarding strategy since Jan'18 - where does "savvy" get his information from? People have been walking away, hence the large fall in the share price.

[isa2020] 23/7/2018 10:26

Thanks 1savvyinvestorThat's what my understanding was looking at past information, their was an RNSs around the time of Triad issue, which mentioned 'looking at new revenue streams' which implied a charge of direction - those revenue streams are listed on the website.I don't understand why some on here are being so negative, if you don't like something vote with your feet - walk away

[pbanus] 23/7/2018 09:00

oh dear, has clearly been eating away at him all weekend. Calls shareholders "idiots" and other choice vulgar words. Refers to Nick Lee at Paternoster as "finally getting his act together" - very disrespectful of the largest shareholder. Is privy to a change in strategy that has never been announced on an RNS. Too much information, you're making yourself sound desperate now. Do shareholders a favour and resign.

[1savvyinvestor] 23/7/2018 08:37

A few Facts for general perusal;
1; I am not Charles Tatnal!! I am a professional musician with an interest in investing
2; Plutus Powergen took 12 months to raise the £30 million plus it did from Rockpool for the nine sites
3; its market cap at that time was £2.6 million.
4; it raised £30 million and then a further £20 million (rough figures) from a market cap of under £5 million
5; it is now trying to get funding for 10 sites with a budget of around £15 million per site. Its current market cap is pretty irrelevant as each site will be a standalone spv.
6; since the capacity market mechanism weak results I expect they had to look again at modelling
7; since then about 6 month has passed. Given the size of the deal they are trying to pull together it should be no surprise this is taking time.
8; As an investor taking the long view I am confident that they will pull this off.
9; And don't forget that Rockpool sites value to PPG worth far in excess of PPG market cap.

[marvin9] 22/7/2018 12:45

What ya doing today freeloader?

Counting your freeby shares and swag bag.

Resign your a disgrace!

[rhug1966] 21/7/2018 12:51

No, not enough money

[isa2020] 21/7/2018 09:54

https://mobile.twitter.com/PlutusPowerGen/status/1014880388924280835InterestingPRS recently raised large amount for investment.Could it be for the new Gas companies.

[maybesum] 20/7/2018 16:03

Investor confidence has gone off a cliff here.

[bmcb5] 20/7/2018 13:39

Interestingly, a few years ago, when Tatnall was involved in BPRG, there was a poster on those boards, by the name of CT98. IIRC that poster accidentally revealed his full name in an email exchange with another poster. His full name: Charles Tatnall. It does happen.

[bmcb5] 20/7/2018 12:41

Probably, maybesum. Catching up with posts last night, it looks like a few nerves / tempers are fraying.

My view hasn't changed. A key risk here is delivery risk. They just aren't doing it fast enough. And I've never been convinced that they have the management team to create an industry leading company. The economics of their original operating model have fundamentally changed, and they seem unable to adapt.

There is little to be bullish about imo, other than the hope that they will, eventually, announce some kind of deal for developing gas sites, or batteries, or something.

[maybesum] 20/7/2018 12:24

Great chunks of shares sold off yesterday and today. I suppose the usual suspects will turn up on here later on talking complete rubbish about it being a great time to top up!

[bmcb5] 20/7/2018 11:48

If they just tweeted to show the development of the remaining 3 Rockpool sites, it would help. Last year, they were well on with them by now, and still they didn't get commercially available with them until Nov/Jan.

If they have started, why not tell the shareholders? If they haven't started, wtf is going on?

[eentweedrie] 20/7/2018 10:46

gosh the lack of any update is really driving this down. beggars belief that the bod are keeping so quiet - last year they released an update in May and many other updates.

[maybesum] 20/7/2018 07:58

Indeed who will lend 125 million to such a small company!

[pbanus] 19/7/2018 23:01

You were going, remember

[1savvyinvestor] 19/7/2018 22:56

Wow you really are obsessed. Sad

[pbanus] 19/7/2018 22:34

the company is shrinking in size day by day, who will lend a company with a market capitalisation of £8M the sum of £125M...???

[pbanus] 19/7/2018 22:22

in terms of progress he means the £150k salary for another year and 8% loan. I bet chelverton rue the day they got involved with this lot

[pbanus] 19/7/2018 22:15

he's going to crawl back under his stone as he's worried the LSE will be asking him some awkward questions

[lilah1] 19/7/2018 22:07

What progress? I know of no progress. All RNSs re gas sites have yet to be delivered on, so what progress do you know of that we don’t?? All I see is time lines and promises unfulfilled, where is the honesty in that?

[1savvyinvestor] 19/7/2018 21:55

giving up trying to argue with idiots. Sp down; yes of course not happy. But I'm happy with honesty and progress of the company in a difficult regulatory environment. This will come good.