Plutus Powergen Share Discussion Threads

[marvin9] 11/1/2018 21:35

At some point I will get back in but not just yet, sitting and waiting for a better price.

[montynj] 11/1/2018 19:04

What would really help the share price would be to add the name "blockchain" to the co...I can't think of a quicker way to send the share into the stratosphere lol lol

[bishopawn] 11/1/2018 18:44

Well, said, Savvy. I couldn't have summarised the situation better myself. I agree with it all and encourage everyone sitting on the sidelines wondering when to enter or re-enter the good ship Plutus to not hang around much longer otherwise they will miss the boat and be kicking themselves for having missed a goodly timed and golden opportunity at this present moment. Savvy knows his onions and I am no slouch either. So there you have it. What more can I say? What a year 2018 is going to turn out to be for everyone a'board the good ship Plutus, before it leaves port!! Tickets for the voyage are dirt cheap at the minute. But for health and safety reasons please do not all stampede up the gangway at the same time. Please form an orderly queue. Thank you and good night, gentles all.

[2pablo] 11/1/2018 16:58

jamie - rock solid share, we're all going to do well here

kungfu - nice £20k input my a sensible person

Could that have been Marvin9 ?!?

[maybesum] 11/1/2018 16:57

Chunky buys at the close,ahead of Ipswich going live.

[kungfupanda] 11/1/2018 16:54

2 nice large buys gone through.

[jamiejw] 11/1/2018 16:30

I actually got in at the 3p level. And averaged downed accordingly to 1.8p with 'significant' amount of shares. The reasons I bought back then at 3p still remain today and in fact the business is probably 40% on from there. Admittedly there was the TRIAD negatives which occurred in this time. Sales growth is sales growth and as mentioned before it the interim continues to show improvement we are all in for the returns. I think a 36m valuation once all sites are on board is not far out of reach.

[2pablo] 11/1/2018 16:16

Unashamed to say I sold some around 3p many months ago, in fact, just checked, it's a year. I've been buying quite a lot more in that year from 2.4p downwards.

We now have 6 times the elec generating power we did about 8 weeks ago with Ipswich to add on top. The gas sites and funding for the same with, hopefully, as usual, No Dilution make this one of the best and most solid operations on Aim.

The Seller or Sellers don't know anything we don't and obviously need the money now. I'll be cashing in some on the way up - above 3p

[marvin9] 11/1/2018 13:07

Thankyou for all your valid posts; nice to see an honest debate.

[jamiejw] 11/1/2018 12:16

In such a small share volatility must be expected. If you look back to post TRIAD news the shares were trading as low as 1p. Anyone who got in at these levels would be looking at a return of 100%+ which will result in profit taking. The big drop down from the 3p level would have created a big backlog of potential sellers who were waiting for the recovery in price before getting rid of the stock.

The company has delivered (bar a one month delay- Ipswich news today)all that we were expecting and as such we have seen a recovery from 1p to 2p over the past 10 months. Until the interim report is released it would be very difficult for many to continue to buy based on the company being effectively still pre-profit. When the interim update comes out (been towards end of Jan - previous years) will be a big turning point. If the figures show improvement as they have done in each of the previous update then this drop in the price will prove a strong buying opportunity.

I am awaiting this update and continue to hold/top up on the stock as the price falls. Until this stock reports actual hard profit it is difficult to expect a share price rise above the 2.70 level which is now a big resistance point. Looking forward to the update hopefully end of Jan/early Feb.

[pbanus] 11/1/2018 11:59

keep taking the pills Monty

[montynj] 11/1/2018 11:51

But it is right to be dismissive if it's just conjecture

[pbanus] 11/1/2018 11:46

while others are very dismissive of any view other than their own.

[montynj] 11/1/2018 11:27

No one has any evidence it is the loan note person...let's stop guessing for goodness sake. Take a chill pill. I know my cousin had been selling a reasonable amount cuz he needed money for a house conversion. Everyone has different reasons for selling. Too many of you just jump to quick conclusions.

[pbanus] 11/1/2018 11:12

I agree with you MaybeSum that Marvin is entitled to his view, as are all of us. The loan note conversion is unfortunate in such a thinly traded stock. Hopefully PPG will learn from this as it will be hurting the directors who have large shareholdings as much as anyone.

[meganxmas] 11/1/2018 11:11

PPG just tweeted that IPswich grid connection imminent ... Just missed end 2017 target ... much more to come.

[montynj] 11/1/2018 10:54

Tweet from co: "Ipswich connection to grid imminent. just missed our end of 2017 target but we are ready #ppg . Happy New Year!! So much more to come."

[pbanus] 11/1/2018 09:24

I made a posting on this some time ago. The continued daily selling will almost certainly relate to the Loan Note Conversion, announced by RNS on 27th Nov last year. 12.5M shares issued at an equivalent price of 0.8p.

Clearly whoever owns these wanted/still wants to realise their capital gain, so is selling them in the market at significantly more than what they received them for.

This isn't a ramping/de-ramping story, it really a technical anomaly. There's nothing wrong with the company just some previous lender now wants their money out at the highest capital value they can achieve, that's why they are drip feeding these through the market on a daily basis. At some point they will have sold the lot, at which point the share price will most likely stabilise and rise, particularly with the strong programme of expansion that the company outlined on 21st Dec for the coming year.

Sorry to hear you are upset by what you feel happened previously Marvin, but I think your account of events here is inaccurate.

[montynj] 10/1/2018 22:22

Marvin9, your post 1294 u said you were no longer interested in PPG and were going to leave us to it and effectively said bye...so why don't you do as u say and go...u sound like a broken record