Plutus Powergen Share Discussion Threads

[bishopawn] 20/11/2017 11:52

The Crumlin site holds a capacity mechanism contract for 15 years starting in 2019 and is pre-qualified for next year's T-1 2018 capacity mechanism auction.

That sentence in the last RNS would seem to have the long term stance about it.
2019 can see an awful long way off for an AIM investor.

[maybesum] 19/11/2017 13:23

Nov 14th,...all new sites near commissioning.... I think we will have the third site announced this week....might be the double site!!

[cossie] 19/11/2017 09:18

SOUTH WALES FLEXIBLE ENERGY PLANT COMMISSIONED

hxxps://www.insidermedia.com/insider/wales/south-wales-flexible-energy-plant-commissioned?utm_source=newport_gwent_newsletter&utm_campaign=newport_gwent_news_tracker&utm_medium=property_article

[1savvyinvestor] 17/11/2017 19:04

So typical of AIM . If I wasn't experienced I would be annoyed but good news is usually sold ! Frustrating for holders but all the signs are excellent for a bright future here. Have a lovely weekend one and all .

[nw99] 17/11/2017 12:07

Let's all buy more

[montynj] 17/11/2017 11:59

What you said in that brief comment or summary is very very true and the problem is at the market still hasn't caught up on it yet which is to our advantage to buy more

[seagreen] 17/11/2017 11:44

By George I think you have got it ..... 8-)

[montynj] 17/11/2017 11:44

Well said. V true

[pbanus] 17/11/2017 11:26

looks like the link didn't work, here's the text from that link:

The real value of the current sites being built with Rockpool will be determined by what a pension fund or other is prepared to buy all 9 sites for in early 2019. Early indications are each site being worth around £12 million. Pay off asset finance and left with about £9 million per site of which 45% acrues to Plutus. So - we should have a cash injection of around £4 million per site. 9 x £4 = £36 million. Current market cap is £18 million. Anyone see the disconnect here?!!!
So - here's the really exciting bit; The next expansion is into gas and these are much bigger prospects. each site will cost around £12 million to build but will delver income of around £3 million per annum. Finance is being arranged right now and I believe that announcement of finance for the sites would blow the share price into orbit. so - we are pretty sure we have around £36 million in the bank come 2019 which will be used to pay down any loan on gas sites far quicker than people realise. The gas sites will be between 80% and 100% owned by Plutus. What an income stream that will create; and probably a large predator .

[pbanus] 17/11/2017 11:22

An interesting thread here that looks at what the near-term value of PPG is:

[...]

Sounds promising!

[pbanus] 16/11/2017 13:25

sometimes these RNS announcements can take a while to be fully absorbed and acted on by the market, so we could have further gains after today based on the Crumlin news of this morning.

[1savvyinvestor] 16/11/2017 12:09

seagreen. Agree beautiful chart and agree with the three year target....or higher. Deeply calm about a few people selling into the rise. Nearly every small cap AIM stock has sellers on news. As Monty says, people have a myriad of different reasons to buy and sell. Personally holding as I'm in for the long haul. Much more news to come.

[seagreen] 16/11/2017 11:22

Pretty chart for the patient.....bottom draw ..... put it in the cellar and come back in a few years ...15p?

[ivor hunch] 16/11/2017 11:17

16 November 2017
PLUTUS POWERGEN PLC ("PPG" or the "Company")
SECOND UK FLEXIBLE ENERGY SITE COMMISSIONED

Plutus Powergen Plc, the AIM listed power-company focussed on the development and operation of flexible energy generation ('FlexGen') projects in the UK, has brought the 20MW FlexGen facility in Crumlin, South Wales, into operation to help to mitigate the current and forecast risk of an energy deficit. This is the Company's second operating power generation site, which can be switched on at a moment's notice at times of peak demand.

The Crumlin site holds a capacity mechanism contract for 15 years starting in 2019 and is pre-qualified for next year's T-1 2018 capacity mechanism auction. Crumlin is one of nine sites held in partnership with Rockpool Investments LLP ('Rockpool'), which has provided funding for their development for which Rockpool also pays management fees to PPG in return for PPG overseeing the construction of the assets and for managing them on an ongoing basis.

Charles Tatnall, Executive Chairman of PPG, said: "As winter kicks in, so too does the need for increased energy and responsive flexibility within the UK power market. PPG is focused on providing responsive and flexible generation through rapid-response FlexGen facilities. We are delighted that the Crumlin site has been commissioned on target and look forward to updating the market on further sites in the near future."

[maybesum] 16/11/2017 10:39

There is a double site virtually ready to come on line plus two more ......80MW. I think more news is being readied...as the BOD, stated November to be an exciting month... anyone complaining at this point is seriously missing the plot!

[montynj] 16/11/2017 10:08

It's so boring reading messages from private investors whinging about short-term selling by other investors who probably have other reasons why they are selling other than the company itself. If you don't like seeing other people selling then you shouldn't be in the share price if you're worried most people who are in the share price are in for the long-term because this is a very early stage growth company if you don't like it then get out

[phantomf4m] 16/11/2017 10:07

Depends whether you measure the companys success in 'a week or so' or 3 to 5 years or so????

[basem1] 16/11/2017 10:00

This was priced in already. The trend is up though so sit tight.

[danyo11] 16/11/2017 09:58

I will be waiting until the other sites come on - hopefully next week or so

[folderboy] 16/11/2017 09:41

Iff (and the double ff is deliberate) iff we are down by the end of the day - surely not possible but . . . . then I shall take my profit and depart. Starting to worry about the persistent selling.

[codydotcom] 16/11/2017 09:40

It's good news, but not exactly unexpected. The rises over the summer have been in anticipation of these new sites coming on. The share price is trending up nicely.

[folderboy] 16/11/2017 09:12

You and me both . . . time yet I guess.

[danyo11] 16/11/2017 09:09

In honesty thought we would see a bigger rise than this!

[maybesum] 16/11/2017 08:00

Great start to the day!! FOUR more sites to follow in short order!