Plutus Powergen Share Discussion Threads

[nw99] 03/10/2018 07:40

So did I but it's a buy here double bottom on the chart

[davr0s] 03/10/2018 07:38

He who buys shares in downtrends will ultimately go broke (I sold at double the price when trend broke down)

[nw99] 03/10/2018 07:35

He who hesitates is lost

[davr0s] 03/10/2018 07:27

Nah - think I'll wait

[nw99] 03/10/2018 07:23

Buy now before it rallies back

[1savvyinvestor] 03/10/2018 07:12

Good time to re-enter imho

[actybod] 02/10/2018 20:43

Was in these a few years ago and made decent gains. Sorry to see this languishing now.

[a1m1investor] 02/10/2018 18:38

bmbc5, I've learned from it too; that you are so deluded in you belief that you can't be wrong that when you make a mistake you blame others. You answered what you wanted to answer to suit your negative perspective without reading the question properly...and you still got the answer wrong :D

[bmcb5] 02/10/2018 18:27

I will, savvy. But some people are not worth the hassle

[a1m1investor] 02/10/2018 18:16

What do you mean I changed the question? My post is there, I asked how much have the so called "part timers" raised since ppg's inception...It's pretty clear.

[1savvyinvestor] 02/10/2018 17:59

I always find your questions intelligent and worth responding too. Please keep posting

[bmcb5] 02/10/2018 17:41

I was trying to help, a1m. You asked a question, I answered it. Not sure why you want to go back and change the question, but we both know that you did. You can be sure I've learned from it.

[nw99] 02/10/2018 16:59

Shame oh shame such dribble written on here by some incorrect posters and some poor punter sold out at a poor price .Results are due very soon and no doubt an update on the present and future biz prospects .Until then lets stay with it and expect a lot of upside in the share price if anything is announced , until then all this negativity is factually incorrect.

[a1m1investor] 02/10/2018 15:43

bmbb5 my question was "how much have these part timers raised so far since the inception of PPG?" you made up an incorrect answer to your own question.

Lilhah1, so as I said, your transparent agenda is that you are hoping for a lower price here so that you can top up, hence the negative spin on everything you post.

No one is questioning what happened after OFGEM ruling, that is obvious and wasn't the "couple of part timers" fault. They adequately raised cash when the initial plan was in place, they did their part. Now a new plan is in place after a period of uncertainty and there is nothing to suggest they can't raise it again.

[1savvyinvestor] 02/10/2018 15:35

You are correct so far!!

[bmcb5] 02/10/2018 15:23

Hi Savvy. I well remember the discussions about getting working capital funding as the sites were built. Clearly they did manage to raise that. My point is that this was under the old plan, where they own <50% of the site.

Since they announced a new plan, to finance sites with >50% ownership, to my knowledge, they have not yet succeeded. Please correct me if I'm wrong.

I don't think it's worth a long discussion, was just responding to A1ms question.

[1savvyinvestor] 02/10/2018 15:09

interesting drop in price. No reported sales. Are mms trying a shake? Or has someone offloaded a large sum?

[1savvyinvestor] 02/10/2018 15:05

not true mbcb. All the build out funding was raised in 2017. Over £3 million per site (£18 million). Not insignificant!!

[lilah1] 02/10/2018 15:04

I invested when this first came to the market and the story was a different story as of todays story (OFCOM ruling changed all that)and being an early investor, I am not in a loss making position & if the share price falls I will add to my already very substantial holding

My assumptions are based on common sense and existing factors that are plain to see

The £100 million has been bounded about all over the chat rooms for the last 10 months at least and no one has eluded to what form / make up that £100 million would take.

I believe we will see funding, though not to the tune of a £100 million, I suspect a lot less and yes that money / funding could come in different forms

I also believe due to the changes that have happened in this sector, the percentage held by PPG of each gas site wont be the 80 percent that previous RNSs have stated, I would expect them to be more in the region of 45 to 55 percent

Lets see how this rolls

[bmcb5] 02/10/2018 14:55

Since they announced a change to their funding strategy, in February 2016, I'm not sure they've managed to raise anything

[a1m1investor] 02/10/2018 14:37

Why are you invested if you think the Co is not ready? Why are you invested if you think the share price is going to drift? Why not sell and buy back in lower if you are so sure? Why are you invested if you don't think there is currently an investible management team?

I already stated that I believe the bulk of the start up work has been done here therefore Paul can take it forward from here. My assumptions are based on meetings I've attended and conversations I've had with Paul. What are you basing your assumptions that he can't take it on from here based on?? Who ever said they needed to raise £100m off the bat?? That is a pretty crazy figure to throw out there, did you just pluck it from thin air? Co could get finance to fund builds on a site by site basis or many other various ways to raise money other than £100m upfront or nothing...

Just out of interest, how much have these part timers raised so far since the inception of PPG?

[lilah1] 02/10/2018 14:21

a1m1investore: How do you know the company can operate with just Paul at the helm, what an assumption and based on what? How do you know what Paul is good at or not good at?

So a one man band with a couple of part timers are going to raise in excess of £100 million.

No. There needs to be skilled and experienced sector players bringing together an investible management team

I am invested in this and believe in the story but there are a lot of factors that are holding this company back and that is why we are where we are

[a1m1investor] 02/10/2018 12:50

Bishopawn, yes you are correct and I wasn't entirely comfortable bringing it up, but take the human element out of the equation for a second and the Co have saved near a quarter of it's wage costs which wass one of it's biggest outgoings. The Co can operate with Paul running things from here, most of the business start up/grunt work has been done. I'm sure Phil's efforts will be rewarded with a bumper pay day for his family when this gets bought out but in the meantime, respectfully, I am confident that Paul can lead on from here.

[a1m1investor] 02/10/2018 12:40

You should leave then lilah1 if it's a dead zone, take your opportunities elsewhere and come back in the new year...but you wont ;-) You keep repeating yourself and are very transparent. Why do you keep posting the same thing over and over again?

What the smart investors understand is that when an share price has been beaten down so much and consistently you get to a point where all the bad news is priced in and there are no sellers left to take the price lower. We've seen that here, bad news is now having zero effect on the share price (CEO death as an example), the big sells have stopped with very little volume at all. The price has bottomed here and positive news will have a big impact, negative news won't. All the negative posters are hovering about here for one reason, you know there is massive potential here and you are watching like a hawk, waiting to get in. If the market gets taken by surprise and good news comes, you'll all be scrambling to get in here and the low liquidity will be driving the price higher quickly. You are acting like an authority making statements as if they are fact on the subject but have no idea what discussions are taking place or at what stage they are at.

I don't think we need a new appointment at this stage, Paul Lazarevic has enough expertise and experience to take this forward from here and I would be happy if he was announced as CEO. The unfortunate events actually provide a good opportunity for an entity wishing to take over the Co as could have one of their own people in here now if they wished.

[bishopawn] 02/10/2018 12:32

In meantime 9K per month saving. More than Results....info. Funding well before end of 2018. Imho.GLA!