Plutus Powergen Share Discussion Threads

[solarno lopez] 09/12/2021 08:16

No they would not, last time they wanted too much out of the deal and Bens Creek floated on its own and look at the price now 33p a deal we could have retained but for the excesses of T & L

[wakeland] 09/12/2021 08:12

However, would anyone seriously want to fund Tatnall&Longley 1. In a copper mine? (they knew nothing about power generation they will know even less about mining. 2. In the Congo? 3. High risk is putting it mildly.

[solarno lopez] 09/12/2021 07:52

A good start to the day with the latest announcement

[sweet karolina2] 24/11/2021 23:45

Always research the track record of any directors on the BoD it is quite easy to do just type the name in here:



Some of the worst directors have multiple entries based on variations of the name but you can tell they are the same person by the DoB.

Forget about the authorities doing anything about them. I have been trying to get one particular director struck off for nearly 10 years. Fortunately he is no longer on the BoD of any listed company, but I keep my eyes open in case he does manage to come crawling back.

The only answer is to DYOR, it is your money and your investing decision and ultimately you only have yourself to blame if you get sucked in by a crook.

[brad44] 19/11/2021 11:58

fututio stultus

[bmcb5] 18/11/2021 16:32

@Brad - if somebody did that, and it included a director of a company you own, would you

a) thank the author, and review whether you should trust that director

or

b) spend all your time abusing the author, rather than admit you may have made a mistake?

because I recall seeing you on several boards (eg IMM), doing the second option. You get what you deserve in life

[petersinthemarket] 17/11/2021 11:40

100% Agreed Brad - does anyone know how to do that (and is it legal?)

[brad44] 17/11/2021 08:30

2pablo, someone should start a thread for directors not to trust. that would be a great thread for all us investors and traders.

[2pablo] 15/11/2021 19:33

Charles Tatnall is head of Caracal Gold now, spawning that from Papillon

He's also Stranger Holdings plc with Longley

[petersinthemarket] 15/11/2021 10:59

>rhug - Agreed, I do have a list of companies and people to avoid and these directors have a firm place on it. If I might add - the list also needs to include those who have supported them. No BoD can work a scam without help from others, particularly accountants who have inside information on what is happening to the numbers.

[rhug1966] 14/11/2021 21:50

Pete, just remember their names. Any mention of their names in a list of BODs will make you run the other way. However, I don’t think you’ll hear their names again…they have skimmed off enough to pay for their retirements. Personally, I hope karma has a say in these charlatans’ future.

[petersinthemarket] 14/11/2021 17:55

I agree with 2pablo in principle.
For 12mths now, I have believed that investors were being conned out of their cash.
Unfortunately the share price said that we could do nothing except get out and lose.
From what I have picked up elsewhere, this is nowhere near a first.
These guys are experts at cash extraction.
These guys have done this before with more than one company.
Why are they believed and why are they allowed to continue?
Where are the market controllers?
Where is the FSA?
Don't the II's do due diligence before committing investors cash?
It seem to me that the technique is to make the scam and the ending extend over such a long time that people get fed up and move on elsewhere, leaving them to do whatever they need to do to drag out the inevitable ending.
They appear to be able to pull in our money, pull in fresh II money and then pull out.
If I am wrong, feel free to correct me.
I don't think these directors should be allowed to operate in the market.
pete

[2pablo] 05/11/2021 14:28

Exactly, total con-men who never had any intention of doing anything except keep their accounts and dirty dealing all hidden

[sweet karolina2] 05/11/2021 07:53

What killed the deal and the company is whatever it was that caused the Nomad to resign. It is clear now Ben's Creek has its own listing that there was never any problem with that end and the problem was all inside PPG. The Nomad would have earned a decent fee had the Ben's Creek deal gone through and, as it now is, it is probably owed money that it will now never see, so the resignation was not over some trivial matter or disagreement - there was something seriously wrong in PPG. Whilst we can speculate what it might have been, the city's code of omerta will mean we never find out for sure. The wise investor could see the writing on the wall a long way before this and got out whilst mug punters were buying.

It is also clear that Ben's Creek, as I said when this was first announced, had no real need of PPG as there were plenty of other ways it could get listed. Ben's Creek always held all the cards in any negotiation and would not have paid more than about £200k for the cashless shell that was PPG had the Nomad not resigned - Ben's Creek seem to have had a lucky escape from what always looked like a foolish tie up with this uber dog.

In the meantime how are the plans for PPG to relist on the (sub)Standard List going I wonder - 20 Sep "The Company will provide a further update in the near future." PPG should have produced fully audited full year results last week - AIM and the (sub)Standard List suspend companies that don't produce results on time, so failing to meet a really basic requirement of the market you are trying to join is not exactly a great way to begin the new listing process. Most of the work to produce the accounts would have already been well advanced as it would have been needed for the DD for the Ben's Creek deal.

However we all know that the talk of a new listing was just more of the BS the directors have been pushing out for years to keep mugpunters happy.

[ochs] 04/11/2021 17:01

Yes, listed around 19 October and already doubled in price! Coal seems a bit more in vogue than it was 6 months ago due to the current energy 'crisis'.

[solarno lopez] 04/11/2021 13:48

Bens Creek was the company joining Plutus until the Plutus directors wanted over and above the norm for their work

Bens Creek is now 20 odd p so thank you PPG directors for spoiling the party.

[2pablo] 21/9/2021 08:41

NOTICE



21/09/2021 - 07:00



NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM



Pursuant to AIM Rule 1 the following securities have been cancelled from trading on AIM with effect from the time and date of this notice.

PLUTUS POWERGEN PLC


Some sort of ridiculous pipe dream/smokescreen announced yesterday, however, this IS reality

[bmcb5] 20/9/2021 15:02

Brad44 - 25 Jan 2018 - 19:46:19 - 4989 of 7289
c,mon, hand up, whose farted? somebody has done sometihng to stink the share price

this company has soo much going for it, i thought last year was going to be our year. I holding on as i can see a fabulous growth story, but its hard to have cash stagnant when tehre are so many opportunities around.

just my thoughts on a wet misarable thursday night and a declining share price

[sweet karolina2] 19/9/2021 16:03

The only question that remains, and we have to wait just over 24 hours for an answer, is will the crooks who have run this uber dog into the ground have the decency to tell their deluded shareholders what happened to lose them all their money or will they just let AIM release a delisting RNS on Tues morning and never be heard from again. I strongly suspect it will be the latter, but time will tell.