Plutus Powergen Share Discussion Threads

[montynj] 20/5/2017 16:33

By the way Barnet Peter are you actually a shorter of the company because I never see you write anything which is a tall positive everything you write is negative. I don't mind people waiting negative things to balance things out but you write nothing but negative and have been doing so for months. Normally when I'm negative on a company I just move on and look for another company that you seem to be connected so closely to this company as if you are trying to drive it down to make money

[montynj] 20/5/2017 16:30

All I know is ShareProphets was recommending shorting this co from the lows all the way to the top. He's had it in for the company since the start. I know of other companies he has been negative which have continued into blue sky like ASOS...so I wouldn't take too much notice...

[bishopawn] 19/5/2017 17:03

It is looking rosy with 8 gas turbine sites plus 7 sites using bio diesel.

So, there could be 15 sites generating power and revenue for us next winter.

The great thing about the gas turbine sites is that Plutus will own 80% of each site. Perhaps the Blue Chip Energy Company funding the remaining 20%.

Now if they were located on the already established sites for solar power, we would have access to the connection to the National Grid that is there already on those sites, which would be real neat and dandy for swiftness of commissioning and going active.

The fly in the anointment, though, could be that those solar power sites may be located in more remote or countryside locations, in which case the gas may have to be supplied in ways other than through the gas mains network.

I hear that some other companies sometimes use liquid gas in these circumstances and, if this were the method of delivery of gas, then this could be a much cheaper option and much quicker to install. No need for miles of yellow pipes underground.

As savvy has noted, from what we know already in terms of broad outlines from the Company, we are looking at massive opportunities on the near horizon, viz next winter.

[1savvyinvestor] 19/5/2017 13:45

Absolutely. Shows that in spite of no news from Ofgem they are confident whatever the outcome. This morning could prove to have been a fantastic time to buy.

[clocktower] 19/5/2017 13:34

On the turn with volume rising. Far from being a negative RNS it is in my view positive.

[1savvyinvestor] 19/5/2017 12:29

It's not a placing for Christ sake . These warrants have been known about for a couple of years and do not indicate dilution. The rns is crystal clear and forward looking . The future options do potentially dilute in a very small way but this is completely different to a placing ! We should be looking at the massive opportunities that are on the horizon

[barnetpeter] 19/5/2017 11:12

The ofgem decision cannot be put off unless it is politically sensitive...which it might be ....in Wales perhaps. There are still ministers in place to make decisions albeit they will be limited. The fact that a placing has been done at .9 albeit to directors is still a dilution although a small one. The rns itself is rubbish with almost no info. Very confused. Which is why the price is down.

[bishopawn] 19/5/2017 10:40

Plutus is confirming today that it is changing direction towards gas powered FlexGen projects, of which the Company has 150MW in its pipeline and in the pre-planning and planning stages.
This means that we must have something like 7 or 8 sites identified for gas-turbine power generation, some of which are now in the planning stages, and the finance for their build-out and installation will be got without any share placings, that is without any dilution.
I like that, because financing of these new sites will not involve an equity capital raise. So this will ensure maximising value for us existing shareholders. This continues the previous policy of ensuring that the ongoing development of the Rockpool funded portfolio of 180MW of FlexGen sites are financed totally through external equity and debt. So the Company policy remains solid with regard to sourcing funds without dilution for existing shareholders.
Full marks for consistency.

I take it that the £180,000 raised from the Directors taking up their warrants has gone into the pot to fund the gas sites, perhaps to cover legal and other fees in procuring asset/debt finance, which must be in the £ multi-millions.

I am also assured by the statement that all of the Directors have indicated that they will not sell any shares that they hold for the next eighteen months.

[1savvyinvestor] 19/5/2017 08:06

Grant of options. Looks a confident move to me. 7.5% premium to today's share price I very much doubt it will be at a premium for long!!

[ibug] 19/5/2017 08:03

I suspected that the decision making was done a few weeks ago and the Civil Servants just needed to finished the documentation. If it needs an act of parliament then we will have to wait till June or July.

[codydotcom] 19/5/2017 01:03

ibug, in March they didn't know there was going to be a general election. I wouldn't be surprised if they now opt to wait until that is over

[bishopawn] 18/5/2017 14:46

Apart from the 250,000 trade, two are a Bed & ISA transaction, and then the next is a Buy. As you say, ibug, it must be close the next raft of news from Ofgem followed by the Company updates. Better to be in than out.

[ibug] 18/5/2017 13:19

We should be getting news from Ofgem about the TRIAD payments to local embedded generators very soon now as they planned last March to report this month.

[bishopawn] 12/5/2017 23:53

I have to say what a strange market today. All buys I think, including two of mine. May be the market makers have no idea which way this is going to go. Twitchy marking up and twitchy marking down. Just can't make their minds up, can they? Have they stock or are they short?

[bishopawn] 10/5/2017 23:39

Is he a wee Scot? World's smallest undies then, perhaps??

[bishopawn] 10/5/2017 14:53

1.39 PENCE

Now there is a price we haven't seen for quite a few weeks. Happy to pay it, just to detect the firming up of the offer price on what is a very quiet day. Perhaps the market makers are starting to anticipate the inevitable rush, once Triad is kicked into the long grass for further consideration by Ofgem, or even better with them sensibly leaving things as they currently are.

Good luck me'hearties on the good ship Plutus!

[1savvyinvestor] 09/5/2017 23:58

There has been no manipulation . There is just one bitter ex share holder who is on a private vendetta . Ignore

[stardrops2] 09/5/2017 22:52

still hold a substantial holding and very confident over the short to medium term
The attempted manipulation of certain posters on here and LSE does annoy me though

[bishopawn] 08/5/2017 20:50

April 2017
As previously announced by the company, Rockpool funded sites are being built out as planned and funding is available for the completion of this process.

[1savvyinvestor] 08/5/2017 13:24

cody; what an excellent response. And yes Rhug - same person.