Plutus Powergen Share Discussion Threads

[montynj] 10/3/2017 10:15

Stock is ridiculously over sold at these levels company said in their recent news statement there are multiple income streams and the market keeps ignoring them

[montynj] 10/3/2017 10:13

I just bought a million shares not printed yet

[marvin9] 10/3/2017 06:43

I have scoured the net to see if the directors have announced any news yet about this 'ALLEGED' big six player, information about this mega insider dumper and an explanation why the share price lost 2 thirds of its value within days; 'IF' all is fine and dandy.

Not a sausage to be found.

Conclusion:

Red again today,

[hearts1] 09/3/2017 20:03

Marv, what did wonga say? Did you get the loan?

[1savvyinvestor] 09/3/2017 08:42

Understood . However I don't believe your fears will prove to be correct. The 9 Rockpool sites are still expected to be profitable with or without triad. The lender will know that and that will underpin the deal. Still fully confident in the raise.

[12124545] 09/3/2017 08:37

unfortunately others don't feel the same way. My post was a genuine comment about the loan analogy being incorrect as loans can be agreed and put in place and the interest only occurs on draw down. Therefore what I would expect to see if full funding agreed is an agreement to lend full amount of £25m or whatever with option to draw down when required. This was not the case here, it was a loan for £3m and rest to be agreed. I feel this is where PPG have dropped a ball, if funding was agreed prior to OFGEM statement then all good but now things are different. I imagine this is the reason the lender didn't agree full amount in first place as the risk of ofgem has been hanging over the Co for a while i understand.

[1savvyinvestor] 09/3/2017 07:24

Personally I have no problems with people posting a well reasoned bearish view. However most bears are just saying ; "it's going down" "bankruptcy coming" . That's not a post ! Let's have conversations about where the company is going.

[1savvyinvestor] 09/3/2017 07:19

It's not possible for ppg to state the name of the big six provider for regulatory reasons. I'm sure they would love to tell us who it is as it would end all this speculation once and for all. The sooner it happens the better. But they are bound to silence.

[brad44] 09/3/2017 07:13

the big 6 is mentioned by ppg on their website ....required during periods of peak electricity demand and Plutus PowerGen’s projects can be turned on rapidly and remotely to address this requirement. Importantly, the Company has received an offer from a leading ‘Big Six’ multinational utility company to fund up to 20% of any 20MW renewable fuel or gas powered flexible energy projects going forward....

[marvin9] 09/3/2017 02:29

Think it went something like, they were offered 3m but will not be offered a penny more until this government payment per Kw concerns are resolved.

That is probably the reason why PPG never announced the Big 6 investor.. nothing is really in the bag yet, just more ramping stuff from this mega pumper insider dumper

[marvin9] 09/3/2017 02:25

Told you all avoid the Darkside and post on here or stop moaning.

All points of view can be discussed with fear of being moderated or booted off.

Couple of really good points raised that SavvyBishop could not answer.... so they got moderated.

Please make your point again on this thread.

Thanks.

[marvin9] 09/3/2017 02:22

Exactly what happened to me and here we have further members being moderated from the Darkside after making valid very good points:

petesmithy
8 Mar '17 - 20:56 - 3841 of 3843    0   0
Why have I been moderated?

12124545
8 Mar '17 - 22:42 - 3842 of 3843    2   0
Why is my post moderated. Seems the bulls are getting desperate here and every post they points out the problems with PPG are being taken down. I remember similar things like like happening on ctag lse and we know how badly that one ended up
12124545

8 Mar '17 - 22:43 - 3843 of 3843    1   0
It looks like bishopawn that's doing getting the posts removed. Dear me, what's the world coming too when you can#t have a two way discussion on a forum

[petesmithy] 08/3/2017 20:56

Why have I been moderated?

[marvin9] 08/3/2017 17:59

Good old Bishop never fails to deliver a funny:

''and I am also expecting a curved ball to take the doubters and bears by surprise''

Do keep up Bishop, the curve ball already came, not sure if you noticed but PPG lost 2 thirds of its value within 2 weeks lol

[bishopawn] 08/3/2017 11:58

I fully concur with savvy's analysis and description of financial planning. Recent days of pannicking and over-reaction have done nothing to change the business model, which has been proved with the commissioning of the first site at Plymouth and the RNS that Plutus made a maiden profit without any contribution from power generation. Plutus is getting a regular stream of income from management fees alone. This year will be transformational, and I am also expecting a curved ball to take the doubters and bears by surprise.

[1savvyinvestor] 08/3/2017 09:41

I think you will find that the wording is deliberate and a regulatory issue. My understanding is that asset finance is agreed, but of course we will need a confirmation rns when it becomes official. This is a frustrating issue for shareholders who want to see real proof of progress . Put it this way ; if you decided that this year you would buy a car in November would you start paying hp on it in march ? Im expecting funding announcements round may/ June and the deals to kick in September/ October .

[codydotcom] 08/3/2017 09:35

I did check the funding RNS thanks. That's why i concluded that they have financing for one site, but have not yet secured the rest.
----------------------------------------------------------------

4 October 2016

Plutus PowerGen plc ('PPG' or 'the Company')

Debt Financing Secured for Attune Energy Limited

Plutus PowerGen plc, the AIM listed power company focused on the development, construction and operation of flexible power projects in the UK, has arranged a GBP3 million asset financing facility for one of its indirect investment companies with Lombard North Central plc ('Lombard'), a subsidiary of Royal Bank of Scotland PLC (the 'Facility').

PPG is also participating in ongoing discussions with Lombard for the provision of additional asset financing facilities of up to GBP22 million on behalf of the other eight Rockpool Investments LLP ('Rockpool') funded companies which are 45% owned by PPG ('Rockpool Companies') and with which it has management contracts which generate revenue of GBP1.35 million per annum for the Company.

The Facility is for GBP3 million and has been committed for Attune Energy Limited. The continuing dialogue with Lombard is in respect of a further facility of up to GBP22 million to fund the other eight Rockpool Companies.

[1savvyinvestor] 08/3/2017 09:21

Debt financing was agreed in principle for all sites. They didn't start drawing on it as no point until needed. Check the funding rns. Sites will be built