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PPG Plutus Powergen Plc

0.025
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Plutus Powergen Plc LSE:PPG London Ordinary Share GB00B1GDWB47 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.025 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Plutus Powergen Share Discussion Threads

Showing 8701 to 8719 of 10275 messages
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DateSubjectAuthorDiscuss
14/10/2018
18:28
What was the 90k Bonus for?

Failure?

Well they should have received at least a 10 bagger for that one.

chopyead
14/10/2018
15:28
a1m1investor can't answer the questions that 1savvyinvestor couldn't answer either, both discussion forums are merged so it makes no difference which anyone posts in, perhaps you're still working that one out, like you're still struggling with the concept of gender (wrt lilah)....toot toot!
pbanus
14/10/2018
15:00
a1m1investor you said the share price would skyrocket when the results were announced, but it hasn't. I see that you can't answer the questions posed to 1savvyinvestor either. As Marvin has previously stated the company is just a cash cow for the directors, shareholders are just being taken for a ride.
pbanus
14/10/2018
14:44
The smart ones know the score savvy, I only go on the other thread because I enjoy winding them up. It's hilarious how they read and respond to what the adults are talking about on this thread like naughty little school kids peeking in the window begging to be allowed in :D

Hello kiddies, keep on reading what the adults are posting, you might actually learn something ;-)

a1m1investor
14/10/2018
14:09
Perhaps 1savvyinvestor can explain the £273,700 charged through the Income Statement for an "Employee Share Option Charge"? In total the directors took the company for £1,202,712 in remuneration during the last financial year. This excludes any interest that any directors charged for loans - if you remember the chairman made a loan for the CM deposit. The total income for the year was £1,350,000 and they took out at least £1,202,712 that's why the company made a loss of around £500k, directors "payments".
pbanus
14/10/2018
13:39
Another easy question next for 1savvyinvestor. Why did the directors give themselves HUGE pay rises for a PIVOTAL year of failure?
pbanus
14/10/2018
11:01
Rambling nonsense. Any answer I give to your stupid questions would be and always have been thrown in my face . Investors need to ask why you are so interested in this company and why you are so full of hatred for its chairman . Company fully solvent and going to be very successful
1savvyinvestor
14/10/2018
10:37
1savvyinvestor can't answer the question, that's what his ramblings mean. Admin expenses are to be cut to the bone because the company has poor cashflow, it has more current liabilities than current assets, which means if all of the current liabilities pushed the company to pay up, they couldn't. They'd have to scratch around for an overdraft if their bank was prepared to sanction it. The asset value that 1savvyinvestor talks about is dubious. They can't revalue their assets because currently the six diesel plants wouldn't satisfy emission targets, in their current state no-one will want to buy them. So they have to find another £3,000,000 to fix the "hole in the roof" before they can even contemplate marketing them for sale. On top of their very poor working capital position the directors gave themselves HUGE pay rises, further compounding the weak working capital position and cashflow of the company.
pbanus
14/10/2018
10:06
Sort of hilarious chopyead congratulating himself ( couldn't be clearer he is Marvin ). Plutus is cash positive, expenses will be down in 2018-19. An extra £12.5 million sitting behind the balance sheet to back up value. Non dilutive to parent company funding .
1savvyinvestor
14/10/2018
07:31
1savvyinvestor is simply playing the 3 wise Monkey's, but in his case he aint so wise.

I'm still waiting for a one liner from you regarding what the CEO has done to self award such a mega comical pay rise?

Just one single line mentioned in the reports? Still waiting?

1savvyinvestor, look its obvious your green and stepping over every crack the CEO created within PPG, but at some point the ice will break.

We are trying to educate you but its as if you actually know the CEO personally and are working for the company to try and entice lemmings to support the price whilst some pump and dump the stock.

You have been very good in the past but failing now the cats out of the bag; let it go and see it as it is; a disaster created by a part time CEO who only has his own interest at heart, proven by the share price and his greedy arrogant attitude and his lack lustre input to improve the companies direction. He needs to resign, IMHO!

Marvin was right from day one, like it or lump it.

chopyead
14/10/2018
07:29
The Emperor's New Clothes (Children's story), springs to mind lol
chopyead
13/10/2018
22:23
1savvyinvestor can't be trusted, he has more faces than a townhall clock! Let's give 1savvyinvestor an easy question to start with. If current liabilities exceed current assets, where does the money come from to pay for them? Easy question, give your answer...tick tock, tick tock!
pbanus
13/10/2018
20:58
why are they lies 1savvyinvestor (aka lowrisktrader) if these points are from the final results? Don't you like people reading the notes to the accounts? There's more to come.
pbanus
13/10/2018
17:26
lies lies lies told on the other thread. Just pathetic. The company is in good shape. End of. Cash position fine. Any equity dilution will be in purpose built spvs not to parent companies.
1savvyinvestor
13/10/2018
17:20
If all this is true can someone compile all these points together in one document plus any other pertinent questions or issues one may have, so at the AGM (Nov 1st) we can put it to the directors so making them accountable.

Someone start the list of points off and we can all add to it.

lilah1
13/10/2018
13:55
Suspension will be early in the New Year at this rate.

After which, who would invest into this shambles of a company run by greedy clueless directors.

Oh well, should have listened to Marvel all those years ago and sold, looks like he has gone for good.

chopyead
13/10/2018
10:49
some good points Chopyead and Marvelman. They are struggling for cash, on a day to day basis they're spending more than they have coming in. A placing to build gas sites wont get them anywhere as they wont be able to raise enough, but somehow they will have to get more cash in as they can't cover their current liabilities at the moment. They might try and run up a big overdraft, but that's only a temporary solution, they'd need a bank loan or an equity raise after that. I can't see why any partner would risk going in with them on a deal given their cash flow problems. Directors of small companies often bleed the company dry of cash in terms of salaries. I just hope that we don't get to a point where the shares get suspended.
pbanus
13/10/2018
10:41
Cant see how they will get a placing, who would invest and get nothing back in a company that has clueless directors without direction?

Reading through the comments I can only see this going bust within the next few months, some within the company are wringing out the sponge by awarding themselves surprising pay rises for amazing failure?

Only in the CEO world, any other mortal would be sacked on the spot.

chopyead
13/10/2018
10:24
oh i do apologise "net current liabilities of £118,567", so that means after you've subtracted all the current liabilities from the current assets there's an amount owing of £118,567, so how was that going to be paid? So what they were saying was that there was/is a working capital deficiency at the year end...worse than I'd said in the 2 of 2 posting earlier....effectively meaning there would need to be an overdraft facility of £118,567 to clear those current liabilities on demand. The company appears to have serious cash flow problems...exaggerated by the directors HUGE pay rises...This brings us back to the point of how is the company going to be able to afford the £3,000,000 to upgrade the 6 diesel sites if they already had a shortfall of £118,567 at the bank? Get ready for a PLACING just to keep the working capital going!
pbanus
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