Plutus Powergen Share Discussion Threads

[2pablo] 14/9/2021 08:19

Good, can’t wait

[sweet karolina2] 14/9/2021 07:05

One week to go before delisting and lights out for good.

[solarno lopez] 01/9/2021 10:01

They will have no chance of appointing a NOMAD by the 21st with their track record

[solarno lopez] 31/8/2021 16:47

On the last fund raise didn't half the cash go to the directors for their fees ?

[sweet karolina2] 24/8/2021 19:47

The only outside chance PPG had was to find a new Nomad within a month - there are a few out there who don't really care about the rules or their reputation and as I said before, RTOs make a decent whack of fees. However PPG are not even talking to alternative Nomads, but are considering an alternative listing. PPG won't get one on a market that would enable Ben's Creek to raise money so what is the point. From a Ben's Creek perspective the advantage of an RTO over doing its own IPO are pretty marginal anyway. If Ben's Creek are even remotely interested in PPG now, it is a clear sign that there is a major problem with Ben's Creek and maybe it was not PPG that caused Allenby to walk. Either way it is game over for PPG mugpunters, the only question is how long will PPG spin out the agony before they put them out of their misery.

[2pablo] 23/8/2021 18:28

Yes, I was wondering what could have caused them to part with their Nomad. My naive thought was they might not need a Nomad if the other company was taking over, but that is probably very naive.

Not long now till the end of this farce and I think skeletons discovered in the cupboard was the more likely cause

[sweet karolina2] 23/8/2021 17:32

The only point of the RTO was for Ben's Creek to use the AIM listing. Will PPG wait until 21 Sep to put mugpunters out of their misery or will they own up before then that it is game over?

[sweet karolina2] 20/8/2021 16:58

A bust up with the Nomad mid way though DD is a really bad sign. PPG tries to insinuate that it was them that fired the Nomad, but it was probably the other way round - no company gets rid of its Nomad without first having another one lined up. A company can only stay on AIM for 1 month without a Nomad. RTOs generally generate a good whack of fees for all the advisors so this is not something trivial.

"announces it has terminated with immediate affect the services of Allenby Capital as Nominated Adviser to the Company. "

It now looks highly likely that mugpunters have lost all their money, rather than just most of it. There really is no positive scenario which results in a Nomad leaving with immediate effect, no matter who pulled the trigger. No idea what the problem is, whilst it is likely to be a skeleton buried not deeply enough in PPG, it could also be a problem with Ben's Creek. I doubt we will ever find out the truth as AIM's imperative will be to move forward with the delisting so the whole sorry affair can be swept under the carpet as quickly and quietly as possible.

As ever we will have to wait and see, but the final curtain looks like it is coming down sooner than expected on this pantomime.

[2pablo] 13/8/2021 07:59

Sweet karolina, I’m surprised you’re bothering but I agree chances are mug punters will get next to nothing but imo more likely exactly nothing.

DD will fail and the whole exercise over the last 20 months has been an attempt to wind up the company without any visible open scrutiny of the fraudulent accounts.

[sweet karolina2] 13/8/2021 00:52

So 2 months on and still nothing - no surprise to me and more proof if anyone needed it that it was complete mug punters buying before suspension. Nige is a clueless prat but we already knew that.

sweet karolina2 12 Jun '21 - 19:55 - 7264 of 7273 Edit
0 2 0
Prediction 1 Relisting, if it happens at all (odds are 50/50 given DD is still to be done - note DD is 2 way ie PPG advisers on BC and BC on PPG and the odds don't change until there is an announcement that DD is complete) won't be until November at the earliest. Nige say in the next few weeks not months. First update on 12 Aug when we will know if nige was right or wrong.

Prediction 2 The RTO price ie what PPG shares are valued at when exchanged for BC shares and the price at which the fund raise is done and therefore the price at which the convertible debt will convert will be no greater than 0.005p yes 5 thousandths of a penny. Nige says 0.045-0.78 - anyone who know anything knows nige is wrong already because what he is effectively saying is the PPG shell is worth more than BC.

Prediction 3 there will be a consolidation of at least 500:1. nige did not say anything as he probably does not know what this even means.

Prediction 4 current shareholders will own no more than 5% of the new company. Ie total number of new company shares post everything > 105 Bn shares pre-consolidation. nige did not say anything because he has no idea how RTOs work

Prediction 5 1 year from relisting the share price will still be below 0.02p adjusting for the consolidation. Ie If you had put all the money spent on buying PPG shares over the last year/month/days into a bank deposit account you could still buy far more shares in the new company a year after relisting than you currently have. You would know exactly what you were buying then and you would have avoided all the risks of losing everything you currently have. nige says "i am confident we are on a very big ride up in the next few years.its not all about the cash its about investing in and seeing that investment grow into a substantial amount we/you/me/them have contributed to over the last year/month/days" If any of you want to admit what your average price paid over those years/months/days is, when we know the prices above, because they will be the opening price when trading recommences (if it ever does), I will work out how many times it would need to bag from there for you to break even. It will probably be double digits.

Let's see who is on the button and who is a mugpunter on drugs. nige says "hang tight" I say you have no other option now.

smcl says it's all just opinions, which anything which looks to the future is. However some opinions, ie those from people with years of experience who justify their opinions with sound analysis, are worth listening to before it is too late to do anything (which it is now). Whilst those of mugpunters who clearly don't have a clue about how all this works in the real world, rather than their fantasy world, are worthless.

[fizzmiss] 10/8/2021 16:41

Lol this is still trading lol. wow, now this was a rope a dope stock

[smcl] 10/8/2021 16:37

hear from whom?

[nige223311] 06/8/2021 12:59

not long now for some v good news.

[smcl] 16/7/2021 16:35

You’ll have to wait and see!

[solarno lopez] 12/7/2021 08:14

Not even a whisper

[sweet karolina2] 12/6/2021 19:55

Prediction 1 Relisting, if it happens at all (odds are 50/50 given DD is still to be done - note DD is 2 way ie PPG advisers on BC and BC on PPG and the odds don't change until there is an announcement that DD is complete) won't be until November at the earliest. Nige say in the next few weeks not months. First update on 12 Aug when we will know if nige was right or wrong.

Prediction 2 The RTO price ie what PPG shares are valued at when exchanged for BC shares and the price at which the fund raise is done and therefore the price at which the convertible debt will convert will be no greater than 0.005p yes 5 thousandths of a penny. Nige says 0.045-0.78 - anyone who know anything knows nige is wrong already because what he is effectively saying is the PPG shell is worth more than BC.

Prediction 3 there will be a consolidation of at least 500:1. nige did not say anything as he probably does not know what this even means.

Prediction 4 current shareholders will own no more than 5% of the new company. Ie total number of new company shares post everything > 105 Bn shares pre-consolidation. nige did not say anything because he has no idea how RTOs work

Prediction 5 1 year from relisting the share price will still be below 0.02p adjusting for the consolidation. Ie If you had put all the money spent on buying PPG shares over the last year/month/days into a bank deposit account you could still buy far more shares in the new company a year after relisting than you currently have. You would know exactly what you were buying then and you would have avoided all the risks of losing everything you currently have. nige says "i am confident we are on a very big ride up in the next few years.its not all about the cash its about investing in and seeing that investment grow into a substantial amount we/you/me/them have contributed to over the last year/month/days" If any of you want to admit what your average price paid over those years/months/days is, when we know the prices above, because they will be the opening price when trading recommences (if it ever does), I will work out how many times it would need to bag from there for you to break even. It will probably be double digits.

Let's see who is on the button and who is a mugpunter on drugs. nige says "hang tight" I say you have no other option now.

smcl says it's all just opinions, which anything which looks to the future is. However some opinions, ie those from people with years of experience who justify their opinions with sound analysis, are worth listening to before it is too late to do anything (which it is now). Whilst those of mugpunters who clearly don't have a clue about how all this works in the real world, rather than their fantasy world, are worthless.

[smcl] 12/6/2021 13:34

All just opinions at this stage- no harm in that but relisting is key!

[solarno lopez] 12/6/2021 12:49

Whilst sweet karoline’s analysis is a good read nige is on the button