Plutus Powergen Share Discussion Threads

[x1000] 24/9/2020 13:57

Some have suggested that Covid grants are keeping it alive.
How is the 200million plus trades of a few weeks ago explained?

[petersinthemarket] 24/9/2020 09:19

x1000 - in a way your question there is exactly the same as my point. What is keeping it afloat? Why are buyers still putting cash in? Buys of up to 10m shares are not uncommon. I'm more than puzzled.

Personally, I need an share price of 0.9p minimum to clear original cost and charges. What chance?

Come on all you buyers and lurkers - I know you are out there.
Take a run at the question.

[x1000] 23/9/2020 22:13

It's a gamble. We should have been dead by mid May and we are not. What is keeping PPG alive?!

[petersinthemarket] 23/9/2020 20:39

Many thanks Volsung - any other takers?

[volsung] 23/9/2020 15:29

Can't really help you peter.
I've bought a few more at 0.064 for a punt only
For the risk I would expect at least a two bagger but am prepared to lose my stake

[petersinthemarket] 23/9/2020 10:36

I note with surprise; there are real buyers around in the .07/.08 region.
I find it totally bemusing that anyone would want to buy at all.

Assuming:
They are the clever ones and I am completely wrong.
And the company does have some viable plan to turn things around.

What are they hoping to see the share price rise to?
Doubling their money to a possible 0.16?
Or a mind blowing jump to 1.6?

It's obvious I'm very sceptical here, but my question is absolutely genuine.
I really cannot understand why serious investors are risking any cash here.

What would the game changer look like and what could it do to the share price
Will someone pls enlighten me.
knd rgds, pete

[lilah1] 14/9/2020 10:29

Near enough cancelled out by debt

[bishopawn] 13/9/2020 15:00

What value are the Rockppol sites or is PPG's 45% stake in each cancelled out by debt?

[petersinthemarket] 07/9/2020 14:46

Hope you are right, but unsure whether we should say bottomed, or bombed?

[volsung] 07/9/2020 12:21

Just a gut feeling peter.
These look to me to have bottomed.
Not a big stake here

[petersinthemarket] 07/9/2020 09:55

Volsung lost for words?

[newtoaim] 07/9/2020 09:31

Someone trying again to pump the dog

[newtoaim] 03/9/2020 11:52

Pump happens here every few months

[petersinthemarket] 03/9/2020 09:41

>Volsung - for the education and benefit of the baffled and bemused amongst us, would you mind posting a short precis on why the hell you think these shysters still deserve your financial support?
rgds, pete

[volsung] 03/9/2020 09:16

Bought a few more

[smcl] 27/8/2020 13:30

Agreed. Great post.

[bmcb5] 27/8/2020 13:02

@lilah1 - good post

This was lost, well before Phil died. Too many poor decisions

[ochs] 27/8/2020 10:56

The death of Phil (in 2018) was a tragedy for not only his family but the company and it's shareholders too. Do you think things would have turned out a lot better if he had survived?

What seems strange is that the company didn't replace him with someone with industry experience or promote Paul to CEO?

[smcl] 27/8/2020 07:14

Were you really one of the original founders? If so what you are posting is jaw dropping!

[bishopawn] 24/8/2020 17:57

Could be a long suspension, consolidation, and placing.

[petersinthemarket] 24/8/2020 16:11

I don't understand why anyone would have new confidence in this bunch of confidence tricksters. I would not risk more cash here. What am I missing?

[x1000] 24/8/2020 14:58

I called it wrong on Friday evening!!