Plutus Powergen Share Discussion Threads

[1savvyinvestor] 01/8/2018 16:59

It was re-instated at 3.6 after being on hold after ofgem . I have the document on my computer . A note was sent to cantor clients with a new target of 3.6.

[pbanus] 01/8/2018 16:41

it was 3.6, but was withdrawn.

[1savvyinvestor] 01/8/2018 16:37

Cantor have a current target of 3.6

[pbanus] 01/8/2018 16:29

the lack of RNS and news on the three remaining Rockpool sites make buying these shares an absolute gamble.

Even if an RNS came out talking about gas site funding, it would need to be tempered by an admission that the diesel sites model no longer works due to loss of Triad and disappointing capacity auctions. The consequence of this would be a write down in value of each of the existing diesel sites to perhaps between £2M to £4M, not the £10M previously discussed on here. It's apparent that selling the diesel sites will be a problem. The unpredictable capacity auctions and tight regulatory environment will make this investment case unappealing for investors who previously may have been interested in the diesel sites as giving a fixed regular income. In terms of buying the shares Cantor wont even give any price targets on PPG. Too many unknowns and a weak management team.

[isa2020] 01/8/2018 14:46

What's the reason for picking up these shares at 1p each - anyone?

[john09] 26/7/2018 09:41

😂😂

[nw99] 24/7/2018 22:27

That's what we have been saying all along

[rhug1966] 24/7/2018 21:46

Best to wait for news now. It’s getting a bit fraught on here....taking a break for a while.

[nw99] 24/7/2018 21:35

Why don't you ? You keep saying it but do nothing

[nw99] 24/7/2018 21:34

No dilution company has told us that on many occasions

[nw99] 24/7/2018 21:33

Totally gave her the chance to ask and has done nothing

[nw99] 24/7/2018 21:32

You are just wasting time here call the company and find out. You won't because you are not interested but love to post rubbish everyday

[nw99] 24/7/2018 21:31

No forward selling just weak holders who do not under stand the model

[nw99] 24/7/2018 21:30

No have spoke to the management and BP different people careful with your slander

[nw99] 24/7/2018 21:29

Agreed no placing they said that from the start

[bishopawn] 24/7/2018 21:24

No chance of share placing. Forward selling my giddy aunt. Just someone needs the lolly.The horses mouth...

[pbanus] 24/7/2018 21:18

savvy and bishop tease shareholders on here, it's quite clear they have no respect for them and see them only as a means to an end. The PPG strategy is one of "someone else always pays" - the solar flex projects a case in point, effectively borrowing sites when the owner doesn't need them - what type of blue chip strategy is that? savvy is now trying to throw those suspicious of him by referring to himself in the third person - not very convincing. The overall company is worth very little given the fallout from Triad, it's clear the three remaining diesel sites have been mothballed. Those built are worth nowhere near £10M, sounds like less than half that.
The overall company strategy is similar to a below market value buy to let investor who can't afford to or wont put his own deposit down but tries to assume equity in the assets he acquires, problem is when those assets are downvalued the equity evaporates - which is what is happening now. The share price reflects the true value of six diesel sites part owned with £12M of debt against them with what appears to be obselete technology. Pension fund and other purchasers will have been frightened off by the loss of Triad, the regulatory environment is toxic for investors and gives no forward visibility of earnings - it would be like buying a pig in a poke. In desperation a placing may well be on the cards. Marvin seems correct in his view that savvy=bishop=director. Very similar style and tone.

[pbanus] 24/7/2018 19:47

it's quite clear the chairman's on here Lilah so he's very aware of your questions.

[lilah1] 24/7/2018 19:40

First off I am not a him but a her and it’s not the kind of question one should get an answer on at this very delicate time. That and perhaps what is or isn’t going on may rock discussions and be possibly illegal at this point