Plutus Powergen Share Discussion Threads

[petersinthemarket] 20/11/2020 12:50

#7087 - Item 4

As is perfectly plain, I do not expect anyone else to do my research, or make my decisions for me.

The fact that I have researched is what leads me to frequently ask why anyone would put more of their hard earned cash into the hands of unscrupulous greedy incompetents.

And I can do without your sarcasm.

[x1000] 19/11/2020 21:46

What does today's rns mean?!

[smcl] 15/11/2020 17:57

1. It depends on your level of investment risk- that’s a personal choice.
2. Market capt is extremely low so if happy with 1 above - upside could be significant.
3. A lot of similar AIM cash shell type companies are in existence- so are they much different- maybe performance issues in the past not great- so caution needed.
4. Do your own research - make your own decisions- don’t expect others to do it for you.

[petersinthemarket] 15/11/2020 17:14

Honestly, I'm really sorry to keep banging on the same drum, but I simply don't understand and therefore I have to ask yet again. This company has no money, no product, no idea, no customers, no future. A cash shell that might disappear overnight and take what little there is of our money left with them. And we know the BoD have sold everyone down the river. And we know they did it to 3 other previous companies. Pretty please! will someone explain why anyone would put new cash in here?

[smcl] 13/11/2020 13:33

Thanks Volsung- me too.

[volsung] 13/11/2020 13:19

Hi smcl.
This is just a smallish punt for me.
I don't have any insights unfortunately

[smcl] 13/11/2020 13:17

Hi Volsung- picked up a few over the last week. Any comments? Appreciate your thoughts. Thanks.

[volsung] 13/11/2020 12:55

Bought some more at 0.039p. May the Lord keep my soul!

[sweepie2] 09/11/2020 11:17

Posted because as an ex PPG holder at the 2p level I am well aware at peoples pain and losses here. Tern represent a fairly easy way to crawl back some of those losses

[petersinthemarket] 09/11/2020 11:03

The poor souls on here have more than enough problems without this o/t stuff.
Both filtered.

[sweepie2] 08/11/2020 17:36

Tern to rocket tomorrow as their 100% owned company Wyld starts to sign resellers for their covid tracker management solution

Wyld signs agreement with Ascom. Ascom to distribute the Wyld portfolio as part of an IT solution to their customers. We look forward to launching the partnership in the next few weeks. Ascom is a global solutions provider focused on healthcare ICT and mobile workflow solutions.

Ascom is a global solutions provider focused on healthcare ICT and mobile workflow solutions. The vision of Ascom is to close digital information gaps allowing for the best possible decisions - anytime and anywhere. Ascom’s mission is to provide mission-critical, real-time solutions for highly mobile, ad hoc, and time-sensitive environments. Ascom uses its unique product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide truly smooth, complete and efficient workflows for healthcare as well as for industry and retail sectors.
Ascom is headquartered in Baar (Switzerland), has operating businesses in 18 countries and employs around 1,300 people worldwide. Ascom registered shares (ASCN) are listed on the SIX Swiss Exchange in Zurich.

[petersinthemarket] 08/11/2020 17:33

Why would anyone be buying at any price at all?
I don't understand why anyone would put more cash into this dog.
Would somebody please explain?
What am I missing?

[rhug1966] 06/11/2020 20:12

I’d wait till they go down 0.02

[petersinthemarket] 03/11/2020 15:39

I note from the published voting figures that each resolution was passed by exactly the same figure. Objecters had no influence. BoD, presumably with II support again, managed to get everything they planned.

As to the outcome, I find it more and more confusing. Is there any chance of existing investors ever coming out of all this with anything at all, or are we still continuing to see death by a thousand cuts?

[petersinthemarket] 29/10/2020 14:06

If I remember right the last investor revolt was screwed because of the support of an institution who weighed in with the directors. I don't recall the voting figures but I thought that without the II the private investors might have stood some chance of changing things.

[rhug1966] 29/10/2020 11:01

Unfortunately, it doesn’t matter how you vote.
The BOD are the majority shareholders and don’t give a monkeys about the rest. The BODs gravy train continues by diluting shareholder value.

[x1000] 29/10/2020 10:31

The BOD don't even reply to emails. If they want to screw shareholders I'm "happy " to play whatever part I can in making that difficult.

[x1000] 29/10/2020 10:21

I hold a few shares less than 3% of the currently issued share capital of the company and have decided to vote against the proposed resolution until something substantially better is offered. I guess there are others in the same position.

[rhug1966] 20/10/2020 20:05

Consents from Rockpool need to be received before any demerger happens. Rockpool are currently reluctant to give that consent. Info in last RNS.

[volsung] 20/10/2020 14:48

Got this from HL
The Board of Plutus Powergen plc has announced that it intends to demerge Plutus Energy Limited (which holds the Group’s shares in Attune Energy Limited). Subject to shareholder approval at a General Meeting to be held on 3 November 2020 and approval by the Court at a Hearing on 24 November 2020, Shareholders as at close of business on 24 November 2020 will receive 1 Plutus Energy Limited share in addition to every Plutus Powergen plc share held.

The Demerger is expected to complete between 27 November 2020 and 11 December 2020 with the new Plutus Powergen plc shares due between this timeframe. The new Plutus Energy Limited shares are expected to be admitted to trading on the London Stock Exchange.

[isa2020] 15/10/2020 06:30

https://amp.theguardian.com/business/2020/oct/14/national-grid-warns-of-short-supply-of-electricity-over-next-few-daysJust maybe

[x1000] 14/10/2020 21:11

Golden retriever?