Plutus Powergen Share Discussion Threads

[montynj] 06/9/2018 11:11

Best contact St Bride's on 0207 236 1177 who are their marketing people...they will put you in touch with him...I pointed out to them the mistake in the telephone numbers

[pbanus] 04/9/2018 23:34

a1m1investor drives his car looking out of the rear window rather than looking at the road ahead. A fantasist.

[nw99] 02/9/2018 14:36

Thanks for the update good news

[1savvyinvestor] 02/9/2018 12:26

I see the bears are extremely busy talking to themselves on their own hate thread. The only poster worth taking any notice of is BCMB5 who usually posts decent comments on this thread too. Some of the stuff being posted is exceptionally distasteful given the very unfortunate death of the CEO two weeks ago. The company is completely solvent and in good health. Naturally after a completely unexpected event such as the death of the CEO the management will be discussing PRIVATELY what changes need to be made and who needs to be brought in to strengthen the team. I do not expect minute by minute updates . What I do know is that Rockpool are still confident as I spoke to a key member of the management there last week.

[rhug1966] 02/9/2018 09:06

More debt than assets so I’d look elsewhere

[ny boy] 02/9/2018 08:13

Looking into these for a spot of bottom fishing but carrying out more due diligence, if (MSYS) results are good tomorrow,I could be tempted here.

How much cash do they have left?

[marvin9] 01/9/2018 18:29

Same thoughts and comments I have made for the last 2 years and now pleased to see others try to expose such discontent with its part time free loading CEO.

He needs to resign;;;;;;;; PRONTO!

[bmcb5] 01/9/2018 13:15

Thanks for clarifying on probate lilah.

[pbanus] 01/9/2018 12:49

Some very valid thoughts Lilah, well articulated

[lilah1] 01/9/2018 12:35

Bmcb5: “CEO shares being sold over the coming months”

That won’t be happening due to probate

Probate: On average, probate takes between six to nine months to complete and can take up to eighty working hours. However, other complications can cause the process to take considerably longer, such as if the Will is contested, or the deceased did not keep clear records of all their assets.

The problem PPG has is the Longley and Tatnall have no experience at all in the energy sector and both of them only work part time at PPG due to other AIM interests, Stranger, Papillon & Fandango. Paul Lazarovic is the only full time employee with an energy sector background.

PPG need a CEO with a background in energy to pull this off / funding and mapping out the future. No one is going to invest until the management structure is complete and in place. Until then the share price will fall further unless we hear some positive PR, which to date has been non existent and very badly managed indeed which underlines the inexperienced management team.

We need answers

[pbanus] 01/9/2018 08:42

JustNRG member since 31st August 2018. Another alias from you-know-who!

[bmcb5] 31/8/2018 18:35

I wouldn’t be surprised if the shares owned by the late ceo are sold over the coming months. You would expect the family to want the cash rather than shares. Not sure of the total volume, and whether any outstanding options will vest automatically on death, but I can imagine there will be an overhang of shares for a while

[bmcb5] 31/8/2018 18:32

I’m not sure the regulator would be concerned pb. Ppg are such a bit-part player that their operations have no material impact on the market. I expect they have a route to market / power purchase arrangement with a major supplier, who will trade and dispatch the plant on their behalf. That isn’t the best way to monetise their assets, but from a market perspective, it ensures they are available so no real risk there