Plutus Powergen Share Discussion Threads

[yeoldphart] 17/1/2020 14:19

The BoD have certainly presided of a loss of value but it says in the Meeting bumf they take no fees or salary so why do they fight to stay on? They must be getting money from somewhere to live so PPG must be a sideline. Am I missing something bleedin obvious?

[pbanus] 17/1/2020 10:35

must only be a matter of time before the shares are suspended

[maybesum] 16/1/2020 11:50

Insolvency looks on the cards.... can't see any other outcome...not with re election of useless no nothing board.

[gretagarbo] 15/1/2020 21:16

I had 5 million to try to help oust the rats but only have one million left

[ochs] 15/1/2020 19:26

I take it from your comment that you are out now greta? "Good luck to holders - you will need it."

[gretagarbo] 15/1/2020 17:32

So - IMHO - The lies have started already. Shareholders were told once this was all done and dusted there would be very good news , possibly the same day. It's all gone a bit quiet. Maybe there isn't any good news. Wouldn't exactly be a first would it. Good luck to holders - you will need it.

[marvelman] 13/1/2020 12:32

I think this was meant to read:-

Tweet - @PlutusPowerGen 2020 looks like the beginning of another luctative decade for Plutus Powergen BOD. Thanks to the mugs for their continued support

...yep, and I was one of them...for a while

[ph1ts] 13/1/2020 12:18

This would be funny, if I hadn't lost so much money here!

Tweet - @PlutusPowerGen 2020 looks like the beginning of a much more exciting decade for Plutus Powergen . Thanks to investors for their patience

[pbanus] 12/1/2020 10:38

Working capital now must be dire for the organisation, no income and deferred payments to directors in lieu of salary hanging over the company and no knowledgeable operations director. Puzzling how they'll get funding with this current predicament.

[2pablo] 12/1/2020 00:00

Where is our source of income now as we have lost mgmt contracts?

If they can't pass the begging bowl round immediately strikes me we are soon to be no more

[bishopawn] 11/1/2020 18:00

They must have been phoning around the suckers (the clients Turner Pope got to part with their hard earned money on 18th November 2018) who gave them £500,000 at the last placing, leaving them now with a very sore wallet and big losses, telling that they have big plans to improve the situation in the near future with gas sites and funding.

I agree with gretagarbo that, if they balls up again and achieve nothing in the next six months, there will be another attempt to unseat them, and next time it will be successful, as by then it will be crystal clear that once a porkie teller, always a porkie teller, and what makes it worse - arrogant to boot.

[pbanus] 10/1/2020 14:18

wonder who 1savvyinvestor, bishop and monty voted for ;-)

[marvelman] 10/1/2020 14:13

Quite incredible. Turkeys have never voted for christmas...until today it seems

[petersinthemarket] 10/1/2020 13:10

More to the point, what now? Continue to run it into the ground? Or wake up before another Special Meeting is convened?

[pbanus] 10/1/2020 13:02

I think the current BOD regard it as their company, other shareholders are just an inconvenience

[gretagarbo] 10/1/2020 12:58

Given how manyVotes the board personally have this was a very close Result. Very few people who are not directly connected to the directors voted for them. This is not a vote of confidence in the current management. If Tatnal and longley Continue failing over the next few months I foresee this being revisited. I just hope it won't be too late to save the company

[nw99] 10/1/2020 12:52

Very very sad until next EGM

[2pablo] 10/1/2020 12:33

We've lost, our wonderful current BoD are staying on

[nw99] 10/1/2020 12:04

Nothing ventured nothing gained then

[pbanus] 10/1/2020 11:15

check out the AGM voting percentages, looks like the incumbents are going to win in the General Meeting vote 60:40 if the re-election of the director is anything to go by

[pbanus] 09/1/2020 17:04

sounds like it's a toss of a coin as to who stays and who goes with regards the BoD. I noticed they scheduled the AGM prior to the General Meeting so maybe they want their say before they pack their bags and go?!

[bmcb5] 09/1/2020 16:17

nw999 Jan '20 - 11:54 - 2658 of 2659
1m buy someone’s confident
---------------------------------------------

It's 1400 quid. And it's buried among various 1m/2m/3m sells. But yeh, I guess someone is confident.

[jackspratt] 09/1/2020 15:08

Anyone know if 'non votes' default either way?My votes are in but if non votes default to 'board recommendation' then I suspect no change will take place

[nw99] 09/1/2020 11:54

1m buy someone's confident