Plutus Powergen Share Discussion Threads

[1savvyinvestor] 04/10/2018 07:58

after all my bullishness over the last couple of years nobody is going to believe you or me bishop!! Two years ago we predicted 3p by Christmas and we were right!! It wasn't supposed to slip back!!

[bishopawn] 04/10/2018 00:05

Given past performance, it would be a brave or stupid man to predict anything at this stage.

[bishopawn] 03/10/2018 23:59

This year of course!?!

[bishopawn] 03/10/2018 23:58

Any prediction for the price by Christmas??

[1savvyinvestor] 03/10/2018 20:51

Very unlikely they will post on a Friday. Hoping early next week

[a1m1investor] 03/10/2018 19:42

Just to let you all know, my terminal is saying Friday (unconfirmed) for results. Only noticed it now, don't think it was there earlier but could just have missed it.

[bishopawn] 03/10/2018 19:15

We will see whether their confidence was well placed soon.

[a1m1investor] 03/10/2018 18:55

£9k, nice! Someone's confident! :D

[nw99] 03/10/2018 16:29

Good spot very nice

[montynj] 03/10/2018 16:28

A nice 858k buy trade at 15:17 hrs

[a1m1investor] 03/10/2018 15:37

Looks like the live BID and ASK are back to the level they were before yesterdays drop...maybe it was MM's fishing for shares before news is released (shake out). Should be good news if the MM's were trying to get shares.

Hold on to your hats people if it's good news, when she moves...she really moves! :D

All Aboard!! (except Lilah1) :P

[lilah1] 03/10/2018 11:01

From the same RNS.

As per previous regulatory announcements, the cost of the build out of these gas sites is expected to be funded by asset finance (60%), a big six energy utility (20% equity) and equity and/or mezzanine finance (20%).

Charles Tatnall, Executive Chairman of PPG, said: "We are pleased to have participated in the CM auction for two gas-powered sites with planning permission. In terms of financial scale and returns, one 20MW gas site is similar to 50MW of the Rockpool sites under development. Therefore, the two sites for which deposits have been posted are equivalent to 100MW. 60% of this is 60MW equivalent and therefore our carried interest would be the financial equivalent to 75% of our Rockpool interests, a huge increase in our asset base which will be consolidated should the Company be successful in gaining CM contracts for either site. We continue to build our pipeline of projects, and through our execution strategy are solidifying our position as a leading provider of flexible power generation in the UK."

[bmcb5] 03/10/2018 11:01

Thanks lilah. I think there was a material change with the Feb 2018 CM results, but the company has not confirmed this, so we could assume the above plan is still valid. That does suggest that we should see many more than 6 PPG gas sites in for the CM auction.

How about a sweepstake on the number of PPG projects entered into this year's T-4 CM Auction?

[lilah1] 03/10/2018 10:56

This is what the funding is for and this is what we are all waiting on.

Taken from December 2017 RNS

The Company continues to focus on increasing its pipeline and to this end a further six gas sites totalling 120MW are in the planning process; it is envisaged that this figure will significantly increase during H1 2018. PPG is also in advanced discussions regarding the purchase of further sites with planning, that would be fast-tracked to commissioning. The various gas sites in the pipeline will be built between 2018-2019.

[bmcb5] 03/10/2018 10:52

Are they allowed to do that? I don't know the detail (hopefully Savvy can help) but I recall that the Rockpool funds came largely from EIS. I'm not sure how prescriptive that (EIS) funding is, and whether it can be diverted to different projects.

[lilah1] 03/10/2018 10:49

One thing for sure is they are not going to be containerised generators, fired by bio-diesel. My guess is Rockpool will finish their investment strategy by investing in one PPG gas site.

[1savvyinvestor] 03/10/2018 10:39

Really hard to say what reaction to rns result will be . It will be good if they can confirm what is happening to the three unbuilt Rockpool sites.

[lilah1] 03/10/2018 10:26

Believe it or not I'm in for the long term, the story & opportunity is a good one & I hope we hear news on funding sooner rather than later.

My gut feeling is we wont get any real value added news for sometime & if we do, it wont be exactly the news we were all hoping for.

[a1m1investor] 03/10/2018 10:14

Your trying your hardest to talk this down Lilhah across both BB's. Strange behaviour for someone who claims to hold a large amount of shares here..... hmmmmmm, I wonder if he's telling fibs by any chance :D

Wouldn't surprise me if the sell was his yesterday, last of his holding, to try and prove a point. The sell price was well below the BID at that point, so either someone trying to manipulate the share price by deliberately taking a lower price or someone who has no idea what they're doing.

[a1m1investor] 03/10/2018 10:07

Tell me, what do you think this will do if good news lands? It moved 11% on one £5k sell yesterday. Just think how fast will it move up when some decent buying pressure comes in and the shorts are closed out...multi-bagger! ;-)

[lilah1] 03/10/2018 09:44

Tell me, what do you think the share price will do if we hear nothing on funding for a few months or more.

It dropped 11 percent yesterday!!

News is the only driver to this moving up, no news is the opposite, as it spreads fear and boredom

[nw99] 03/10/2018 09:18

Placed a bid but got nothing

[bishopawn] 03/10/2018 09:05

A couple of lucky bargain hunters got these at 1.00 pence and moved the price back up. Nice!!

[bishopawn] 03/10/2018 08:08

Yes. Games it is.

[1savvyinvestor] 03/10/2018 08:06

Games. Can't buy a bean