Plutus Powergen Share Discussion Threads

[basem1] 13/12/2017 08:06

One more good push ?? Chart resistance at 2.55 here and there so I bet we pullback !!

[montynj] 12/12/2017 21:38

Spot on savvy

[cossie] 12/12/2017 21:10

Spot on Savvy

[nw99] 12/12/2017 20:04

I need hard earnings like the rest of the market does

[montynj] 12/12/2017 19:05

I agree it's crazy people focussing on next interim results when there will be no contribution to earnings to be shown...it's all about getting sites up and running and getting planning permissions...the mkt will then start to discount those future profits.

[folderboy] 12/12/2017 17:39

A wake up call for energy supply:



OK far, far worse for Italy but add on:

[basem1] 12/12/2017 15:18

Tell you what guys, there's some bloody good demand here, 3 decent buys have rattled through when the 2.5 was looking very vulnerable. Well done the buyers, let's make the idiot sellers look stupid !!!!!

[1savvyinvestor] 12/12/2017 15:02

interim results are not massively interesting here. basically management fees at the moment. All the real income is in the future. People are behaving as if real income is years away. There will be two sources of income. One will be a cash injection when the Rockpool sites are sold off in early 2019; figures talked about are £25 million +. Then the gas sites which will produce income straight to Plutus Powergen's bottom line; circa £3 million per 20 MW site. Let's make a cautious guess of 4 sites up and running for winter 2018-19 and then running through the summer too. Annual income of £12 million approx for four sites. That is not a long way in the future.... Just saying!!

[pbanus] 12/12/2017 11:08

Interim results were announced on 19th Jan last year, so perhaps a similar date in 2018.

[nw99] 12/12/2017 10:31

When are the next results due ?

[maybesum] 12/12/2017 10:28

I think 10p is realistic with gas sites but I would think it will be higher than that actually if there is no dilution. No dilution has been stated by the company several times.

[pbanus] 12/12/2017 09:33

yes, let's banish talk of 3p, let's talk minimum of 10p!

[1savvyinvestor] 12/12/2017 09:30

Was not accusing you ! So all good!

[basem1] 12/12/2017 09:21

I'm not saying I'm selling at 3p. Just that I think this is heading there shortterm. Providing no capital raising / dilution. ( aside from the bond issue ) I think 8-10p is achievable in the next 12-18 months.

[1savvyinvestor] 12/12/2017 09:10

There's the problem basem. If our psychology is to get out at 3p then others will pre-empt that. My target is much much higher than that. With gas sites contributing income of around £3 million each once we get those up and running we should be well over 10p let alone 3p. Current turbulence is a few traders pulling out in advance of 3p where they expect selling. They could well be wrong and will miss out on the really big leg up. All imho of course!

[basem1] 12/12/2017 09:05

Still sellers, can't they let it be and wait for 3p ??

[brad44] 12/12/2017 08:51

There you go spawny, up already! yes i did read some mind boggling stuff about power consumption of mining, crazy figures!!

[spawny100] 12/12/2017 08:48

Lol Brad not so farfetched actually. Did you read the recent article in the Times claiming that Bitcoin mining would use more energy than the USA by 2019?

[basem1] 12/12/2017 08:48

Let's hope some of the recent sellers decide to buy back today and tomorrow. Wow this is so undervalued.

[brad44] 12/12/2017 08:04

We need a new thread to get us noticed, how about, Plutus, powering the blockchain!

[pbanus] 11/12/2017 19:17

I wonder if the seller could be the beneficiary of the "notice of conversion of the unsecured Convertible Loan Notes created by the Company on 22 December 2014" wanting to cash in his shares effectively bought for 0.8p?

[bishopawn] 11/12/2017 18:53

432,346 to be precise. Had to go through the dealer to get that quantity, and then the trade was not shown until later on.

[montynj] 11/12/2017 16:51

So bisho you bought 400k ?

[bishopawn] 11/12/2017 16:10

400k trade not showing yet.