Plutus Powergen Share Discussion Threads

[nw99] 07/3/2017 07:26

Just buying to build a position around these levels

[hearts1] 06/3/2017 22:32

Marv, see if Wonga will help tide you over on your catastrophic losses here.

[1savvyinvestor] 06/3/2017 22:20

Sammu. Basically we are looking at 20mw sites with income of around £1 million a year . On a multiple of 10 or just below you get £10 million value per site . Income is a mix of stor , ffr , capacity mechanism and triad . With full triad more. Rockpool likely to want to cash in after year 3 which is 2018 onwards

[sammu] 06/3/2017 21:18

How do you get a £9m valuation per site - worst case scenario?

[1savvyinvestor] 06/3/2017 20:20

But won't have any effect on bears until they have moved on to next aim stock! Grrrrrr

[danyo11] 06/3/2017 20:15

Talking of worst case, - £450k capacity contract, £150k management fees - £60k TRIAD (worst worst case), not to mention revenue from STOR, FFR etc.. x 9 sites...not too shabby

[1savvyinvestor] 06/3/2017 20:03

Understood. When a bear takes hold it's very difficult to know when to enter. I thought today might have been a good point until afternoon sell off

[riddlerone] 06/3/2017 19:51

Thanks Savvy,I have concern over the large loss in revenue IF the Ofgem proposals are taken seriously.A compromise will probably ensue but long term I am still quite positive on ppg The re-entry point for me is now the puzzle.

[1savvyinvestor] 06/3/2017 19:18

Ridlerone. The article you link to is from the policy institute and is biased and not supported by national grid. The back up power generation of companies like Plutus plays a much more significant part in balancing power supply and the relationships are much more subtle than the article implies. Triad is part of a complex web of generation and needs updating . Currently all companies agree that the rate should not rise but the payments are there to ensure that power is there when needed. The companies are basically paid to be switched off in readiness. It is all to do with keeping the lights on and is necessary because governments have underinvested in power for decades.

[big bear billy] 06/3/2017 18:55

I have a buy order at 0.5p.

[1savvyinvestor] 06/3/2017 18:54

Marvin. I can absolutely promise you there was no insider dealing. I have every share I bought and still in my Isa and sipp (worth a lot less)! I think some people sold with anxieties about ofgem. I discounted it because I thought it would be balanced. How wrong was I?! No director or employee has sold a penny. Paternoster kept their shares. Chelverton are still there as far as I know. Bishop added on Friday . Regarding triad - yes I did know of the large payments and remember that whatever happens we will get them next winter. I am 100% certain all Rockpool sites will be built this year and there will be 9 operating next winter. We should all ignore the new thread. Illiterate and factually inaccurate from beginning to end

[1savvyinvestor] 06/3/2017 18:47

Worst case scenario is 9 Rockpool sites valued at £9 million each of which 45% accrues to Plutus . I am still hopeful / expecting the gas sites to be financed and built with 80% ownership . There is nothing we can do about the share price at the moment. It is in the hands of the Bears . Lots of depositions against the ofgem ruling.

[riddlerone] 06/3/2017 18:29

Bloody hell,Its like Bishops polar opposite.You have to laugh good old ADVFN