Plutus Powergen Share Discussion Threads

[pbanus] 13/2/2019 10:42

I wonder how close they are to running out of cash? Is another placing coming?

[1savvyinvestor] 13/2/2019 09:31

Fairly encouraged by the good Attune figures. Nice to see non Triad income up. I imagine the accounts of the other five spvs will show on companies house soon. In the mean time we wait for new news!!!

[pbanus] 12/2/2019 16:56

A very good posting from Rhug on another forum, "Only Attune Energy's accounts have been published. A 18% increase on last year's revenue and profit but other 5 SPVs are showing as overdue on Companies house website. Creditors owed £2.2m..down from last year's £2.6m. Would like to see the debt levels on the other 5 SPVs." Why are the other 5 SPV accounts overdue???

[escapetohome] 08/2/2019 23:32

The fundamentals of our business case remain strong: flexible energy will continue to play a crucial role in the foreseeable future, filling the supply gaps created as a result of the increased use of intermittent energy in the UK energy mix. Our track-record of developing FlexGen sites, in tandem with our robust development/financial partnership network, places us in a strong position to capitalise on this opportunity. We therefore look forward to the future with confidence.

[lilah1] 08/2/2019 19:28

I agree with your post / overview 1savvyinvestor.

With no news we could see the price go yet lower but on the other hand, I don’t know if there any investors left to sell stock.

We need some news and soon. If that happens we will be nearer to 2p or more

[1savvyinvestor] 08/2/2019 18:44

I personally put my hands up and say things have not panned out as I hoped and expected. The company was more affected by events than they were prepared to admit. From The Triad review failing, to the death of CEO Phil Stephens and the unexpected CM pause the company has been battling to get its gas sites over the line. As a result the share price has fallen back badly (understatement). However it is still my belief that all is not lost and that a positive outcome is still possible. If the management team can start to build a little bit of confidence back to investors through real news then the share price can definitely recover. How far it can rise will depend entirely on how much good news they are able to give us. In the meantime the weakness may continue.

[lilah1] 08/2/2019 16:55

You are correct a1m1investor in your statement “history of funding just around the corner” can’t argue that. Funding or the collapse of the company, my money is on funding.

[a1m1investor] 08/2/2019 15:43

Lilah1 wrote "From what I understand the funding is just around the corner". Unfortunately there is a history here of funding being just around the corner, e.g the £50m bond that was always just around the corner, look over previous year RNS's, that one was dragged out for around 2 years. Good luck with it anyway, hope it works out for you and investors can get their money back or even make a profit! GLA!

[2pablo] 08/2/2019 15:41

escapetohome - you use the word 'gamble' three times in your post. Whatever happened to researching a company and investing in something you believe in?

From here, bottom fishers will be licking their lips at the prospects of a quick buck

[escapetohome] 08/2/2019 14:07

Must say ive had a small top up, but aware that this is a gamble, but perhaps at this price point the opportunity has been reached where there is more upside than downside.

Im well aware too though that slip ups occur.

So a risky gamble, im looking forward so it, and a very measured amount gambled here.

[2pablo] 08/2/2019 13:09

Nice one Lilah, would buy more if I had further funds

[maybesum] 08/2/2019 09:50

Vague suggestions that things might be about to happen here are just a nonsense. Dead in the water is how this looks to me. Savvy getting desperate now sending private messages to Lilah...dear oh dear...embarrassing.

[lilah1] 08/2/2019 08:38

As far as I know the gas sites have been financially remodelled with out CM and I believe they still deliver a very handsome return. So CM has no baring on the funding process of the forthcoming gas sites. From what I understand the funding is just around the corner and when it comes watch what happens to the share price. Now is the time to get in when everyone else has panicked

[petersinthemarket] 07/2/2019 20:18

Far too late to be careful a1m..... My holding, like those of everyone else, is near worthless. No point in selling. The only thing left to do is to hold and wait to see if this Co either makes a miraculous recovery or is dissolved. Lousy management imo. No obvious signs of skill or integrity. I would love to be proven wrong but sadly I think it unlikely.

[pbanus] 07/2/2019 19:39

look at the salaries and fees for PPG directors in 2018 Annual Report, £1,202,712. Would also like to know how they burn through "Pre planning project expenses written off" 2018 was £50,153, 2017 £236,164, how can they go through this much money on "Pre planning Project Expenses"...where does this money go I wonder?

[marvelman] 07/2/2019 18:48

Two very good posts whatever your leanings are

[2pablo] 07/2/2019 08:55

Blimey, Savvy, the plot thickens

[1savvyinvestor] 06/2/2019 08:26

If you are on app go to menu and then mailbox. Folderboy will send you one later

[folderboy] 06/2/2019 07:27

Happy to be copied in!

[lilah1] 06/2/2019 07:25

Where do I find this message?

[1savvyinvestor] 05/2/2019 23:55

Hi lilah. Check your messages . I have sent a private comment