Plutus Powergen Share Discussion Threads

[bishopawn] 03/6/2017 20:40

As I said before, I think that the MMS are definitely short of stock and were playing games to frighten stock into their hands. All we need now is for Plutus to come up with some interesting concrete deals on gas sites and the associated finance/backers and we should be off to the races again!!
At some point during the summer Cantor Fitzgerald must surely restore its BUY Recommendation in place of its current HOLD, which only came about because of Ofgem throwing a googlie at the beginning of March which started a stampede of the worried.
From the recent update from Plutus, investors can take comfort as they now see that the share was oversold in March April and May.
Things are surely looking sunnier, brighter and jollier from here on in. My view is that momentum could take this much much higher by the end of the year.
7 diesel sites in operation by then probably, and gas sites (4?) under construction, where Plutus will have 80% even up to 100% ownership as compared to 45% of the diesel sites.
It should be quite easy to extrapolate about revenues and profitability, especially if Rockpool makes a point of updating its shareholders in more detail about the revenues that Plymouth generated above expectations during the last winter.
Best of luck for all a'bord the good ship Plutus. Very much looking forward to the next round of news from Plutus.

[bishopawn] 02/6/2017 14:02

Were the market makers this morning trying to frighten the nervous to jump ship too soon? This is not the time for the faint-hearted. Stay on board the Jolly Plutus for the party. The market makers are definitely short of stock imho.

[ibug] 01/6/2017 16:28

Quiet interesting stuff ---- Deep diving into the technical levels for Plutus Powergen Plc (PPG.L), we note that the equity currently has a 14-day Commodity Channel Index (CCI) of 259.22.

Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend.

[ibug] 01/6/2017 14:43

If that is the case we might see false down spikes to trip loss stops in order to fill larger orders....seen that a number of times when trading gets volatile imo.

[bishopawn] 01/6/2017 13:15

Clearly the market makers are short of stock. Not the time to sell with more good news round the corner.

[ibug] 01/6/2017 11:56

Yep, they show as SELL trades but the MACD and RSI charts showing they were BUY trades and that is why the ASK is now up at 1.85p.

Sell:1.70p Buy:1.85p 0.08p (4.41%)

[guyswonga74] 01/6/2017 11:53

2x500k delayed buys

[ibug] 01/6/2017 09:42

After early morning profit taking the share price continues to tick up, HIGHLY LIKELY TO approach previous highs of 2p - 2.5p imo

[bishopawn] 31/5/2017 21:40

8.55 am.....Bid 1.4751 pence for 100,000.
4.10 pm ....Bid 1.625 pence for 100,000.
4.29 pm ....Bid 1.6625 pence for 100,000.

Strength all day,and a strong finish in last 15 minutes.
Tells its own story.

Best of luck, and don't be late!

[guyswonga74] 31/5/2017 17:21

Nice close. 2p by end of week

[nw99] 31/5/2017 14:27

Fulky loaded like a coiled spring

[ibug] 31/5/2017 11:33

Plutus PowerGen reassures investors over regulatory concerns

(ShareCast News) - Flexible energy generation-focussed power company Plutus PowerGen updated the market on its operations on Tuesday morning, saying its business model remained focussed on the construction of FlexGen projects across the country.
The AIM-traded firm said the energy environment in the UK was "tightening rapidly", and PPG was focussed on mitigating the current and forecast risk of an energy deficit through the development of a portfolio of 20MW power sites, which could be switched on at a moment's notice at times of peak demand.

PPG's inaugural 20MW FlexGen project, based in Plymouth, had traded above budget since it commenced operations in November 2016.

The board noted that on 17 May, power prices in the UK peaked above £1,500 per MW hour due to outage and generation imbalances, and recognised that volatility would be seen in the markets more regularly going forward.

[ibug] 31/5/2017 09:17

PPG is getting long legs this morning imo.

[bishopawn] 30/5/2017 21:41

Well said, montynj. In full agreement. After all, what are we paying Cantor Fitzgerald to do? I expect a major re-rating in June.

[montynj] 30/5/2017 18:08

Also Cantor's target share price would need to be revised up from the current 3.6p. It was originally 4.8p but cut due to ofgem concern. As the bod have stipulated they have no concern at all. So at the very least that target share price should be revised back upto 4.8p. Furthermore, that Cantor target is based 100% solely on the rockpool 45% share bio diesel sites. It doesn't allow for the new business model focusing on gas which ebitda more than double the others. Honestly, Cantor's target will at some stage need to be revised up substantially north of 10p on a very conservative basis. Investors have yet to wake up to this growth...the company has pretty clearly opened the door via this RNS. Now investors need to enter and climb on board before its too late

[bishopawn] 30/5/2017 17:30

PPG's inaugural 20MW FlexGen project, based in Plymouth, has traded above budget since it commenced operations in November 2016. The Board notes that on Wednesday 17 May 2017 power prices in the UK peaked above GBP1,500 per MW hour due to outage and generation imbalances, and recognise this volatility will be seen in the markets more regularly going forward. PPG 's sites are ideally positioned to take advantage of this as they can be operational within 30 seconds. A further eight 20MW projects are in various stages of development. PPG and Rockpool Investments LLP are arranging the finance for all nine projects with a combination of debt and equity. PPG has a 45% stake in each project and management contracts, which will total GBP150,000 per site per annum. Some 100MW's of these projects are in construction at present and it is expected that they will be available to supply electricity during the winter of 2017/2018.

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If I have understood the above figures correctly, then Plymouth, which has 20 Mega Watts of Output could be having revenue of 20 X £1,500 per hour = £30,000 per hour.
At those prices, next winter, Plutus could be in a "goldilocks" environment, where there are 9 X 20 Mega Watts Sites in operation, which at £1,500 per hour, could produce revenue of £270,000 per hour. PLUS 9 sites giving Plutus £150,000 per site in management fees alone = 9 X £150,000 = £1,350,000 per annum. Then comes along 4 new gas powered sites, which by all accounts would be even more profitable, especially with merchant sales and Plutus retaining a much larger percentage of their ownership, likely to be around 80%.

Best of luck. Future is looking very bright indeed for Plutus. Congratulations to Charles and the other directors for all their expertise and hard work.

[ibug] 30/5/2017 10:01

After breaking through 1.5p the rise should be very rapid back to previous highs imo.

[bishopawn] 30/5/2017 08:52

I believe that in June there will be a lot of good news. This is just the opener to set the scene....best of luck to all a'board on the good and jolly ship Plutus....and don't be late!

[ibug] 30/5/2017 08:47

Time for the share price to surge back to normal levels again imo...takeoff time is arriving.

[montynj] 30/5/2017 08:35

Also look at the 3 and 6 month chart of the share price. It has clearly broken out upwards from the sideways consolidation pattern. The next big resistance is not really till 2.5p. Don't forget it fell like in a vacuum. I'm sure the same shorters will soon be coming out with their drivel again but today's RNS blows their arguments away. The RNS supports all along what we've been saying...Buy

[kwizza] 30/5/2017 08:28

You will also have the growing Electric vehicle market needing supplies

[ibug] 30/5/2017 08:27

Very nice RNS conclusion:

Going forward, the Company has a pipeline of FlexGen gas projects totalling 150MW, which it will seek to retain an 80% plus interest in. The Company is focused on constructing a minimum of four gas powered projects per annum as they offer significant advantages, both environmental and financial, over renewable green diesel engines. However, the Company may consider other projects in certain circumstances, utilising strong relationships with key partners both in the finance and energy markets.

PPG Chairman Charles Tatnall said, "Following a re-work of our modelling, and considering OFGEM's proposal, we believe we still have an extremely robust and attractive business model. The market for flexible energy generation is clear to see and we have the team and are in well-developed discussions regarding the financial backing to deliver our projects and therefore our stated strategy. It is also important to emphasise that PPG continues to seek to fund the construction and development of its power generation sites through non-dilutive means. As such we continue to view the future with confidence."

[1savvyinvestor] 30/5/2017 08:22

The reason for me posting that section of the rns is the words "ahead of budget"! This is highly significant. In the original Rockpool projections I seem to recall ebitda per site being projected at £1 million per site. I will try to find the original Attune document. If they are beating this now , before capacity market payments come in as well, then the future is bright.

[1savvyinvestor] 30/5/2017 08:18

PPG's inaugural 20MW FlexGen project, based in Plymouth, has traded above budget since it commenced operations in November 2016. The Board notes that on Wednesday 17 May 2017 power prices in the UK peaked above GBP1,500 per MW hour due to outage and generation imbalances, and recognise this volatility will be seen in the markets more regularly going forward. PPG 's sites are ideally positioned to take advantage of this as they can be operational within 30 seconds. A further eight 20MW projects are in various stages of development. PPG and Rockpool Investments LLP are arranging the finance for all nine projects with a combination of debt and equity. PPG has a 45% stake in each project and management contracts, which will total GBP150,000 per site per annum. Some 100MW's of these projects are in construction at present and it is expected that they will be available to supply electricity during the winter of 2017/2018.