Plutus Powergen Share Discussion Threads

[1savvyinvestor] 13/6/2019 08:27

Bmcb. Where do you see the future for the small generation sector? I note that green frog and uk power reserve have been very quiet over last 12 months

[bmcb5] 12/6/2019 17:14

notable from the graphic, that almost no assets were willing to drop out of the auction, at any price. They are all taking the free money, because the sites already exist and accepting the contract presents little risk.

What it demonstrates is that there is more capacity than required, for this coming year

[bmcb5] 12/6/2019 17:12

Hi savvy. Hope you are well.

I am certain that CM will continue as before. In fact, the T-1 auction was held today. The result: absolutely terrible, again...

The Auction has cleared in Round 15. The Clearing Price is between £5 - £0/kW/year

[1savvyinvestor] 12/6/2019 15:45

That's true largely. My reading too . But cm coming back isn't only if we crash out of Europe. I would put chance of cm being re-instated at above 80% in any circumstances . That will totally transform the value of diesel sites. I refuse to write anything bullish about gas financing as the board are proving totally incapable of getting it over the line . So currently sitting on a big loss here but with a strong instinct that cm will be re-instated which will then transform value. It's at best a brave hold at the moment . GLA

[bmcb5] 12/6/2019 14:24

Sorry to those who lost here. I still see no sign of a catalyst for improvement in sp, unfortunately. My understanding is that the diesel sites are virtually worthless. Their marginal cost means they just do not run for commercial profit. Their only real value is the CM agreement.

Now, if (god forbid) we did crash out of the EU with no deal, at the end of October, then that could have profound effect on our ability to trade energy seamlessly across Europe. That *might* in turn lead to high gas prices and bring diesel back into play.

[isa2020] 31/5/2019 08:25

Good thing is the fees, leaving PPG can be controlled

[isa2020] 30/5/2019 07:54

Directors hold the key here, if they all took 5k less, on paper the business cash at hand would have been more, that itself would have helped a lot, why are we going to be in profit next year? What's going to change? Let's see

[escapetohome] 27/5/2019 12:11

Come on Plutus, lets create value!!!!!!!!

[bishopawn] 27/5/2019 11:20

With the right RNS on planning permission and/or about the much anticipated and long negotiated funding of a plethora of Gas Powered Generating Sites, providing merchant sales of electricity to the National Grid, the scene and the sentiment around Plutus should be transformed instantaneously. I am very much looking forward to a stellar 2019 for Plutus, and back to where we were before OFGEM and all that, at 3 pence a share, a more realistic valuation of the business going forward.

IMHO
DYOR

Good Luck!

[bishopawn] 27/5/2019 11:20

Market Cap. £2.43 million
number of shares in issue 825.26 million
52 Week Share Price Range: 1.78 pence - 0.26 pence.

This unreal valuation of Plutus Powergen looks very much to me like an opportunity for anyone wanting to get into a share with considerable potential for significant capital gains.

0.31 pence to buy.....for now.

[escapetohome] 20/5/2019 21:23

Or alternatively request better coms from bod , if indeed there has been some progress?

Presumably so, as money was raised to effect progression.

[petersinthemarket] 20/5/2019 19:17

Isn't it time someone put this dog out of it's misery?

[bishopawn] 09/5/2019 19:29

Another quiet day, and I make that two smallish buys and a Bed $ ISA transaction, so as such no sells.

[bishopawn] 08/5/2019 15:00

market cap: £2.72 million.

[rhug1966] 24/4/2019 20:57

Yes, I’ve got it wrong...read it that the double site was Medway. I’ve got form for not reading RNSs properly

[maybesum] 24/4/2019 19:30

Rhugg I thought planning had already been approved for the Medway site?..that's how it reads to me in the latest rns and that another planning application has just been submiited for adouble gas site in the West country. Where is the Medway site, Kent? The wages the Bod are paying themselves I agree are a disgrace.

[rhug1966] 24/4/2019 11:40

It is not being built yet, they have only just applied for planning permission for the Medway site. The sum of 18 months work and £900k in BOD wages. Disgusting isn't it.

[maybesum] 24/4/2019 11:09

What news on the gas site being built with Rockpool, anybody? Should be well under way by now. A reinstatement of CM would be a positive.

[escapetohome] 22/4/2019 00:26

Good afternoon indeed.

Why not , it makes sense.

Come on Plutus!

[chestnuts] 21/4/2019 21:04

Afternoon all

Could PPG be the suppliers of the gas powered Generators which are part of the German contract which is worth about £3/5m to PPG I have always thought RED and PPG would make a good partners as i see alot more contracts coming through where you will get small gas powered Generators and storage batteries working together with renewables instead of giant power stations , this to me is the future of our grid system the Germans are way ahead for forward thinking.
There is one problem they are both ahead of the game but give it 1/2 yrs and if they havent been bought out and survived with out having placings both could do very well.