Plutus Powergen Share Discussion Threads

[chopyead] 15/10/2018 21:34

Since you consider the results to be amazing why has the share price not boomed?

Or do you agree that everything in the previous promise of a mega year ahead was all rubbish spouted from CEO who does not have a clue on what he is doing and should resign due to not being fit for purpose, as pointed out by Marvin for the last 2 years?

He should resign and take his swag bag with him.

[chopyead] 15/10/2018 21:30

Waiting?

Toot Toot?

[pbanus] 15/10/2018 19:27

yup, Marvin was 100% right, PPG is a complete cash cow that the directors milk dry

[pbanus] 15/10/2018 15:36

from what we know about you a1m1investor i imagine you're quite happy with a doublebagger most weeks

[a1m1investor] 15/10/2018 13:43

Well I wouldn't be unhappy with a 9 bagger in a year's time :D

[pbanus] 15/10/2018 13:12

did you forget to put the decimal place in there Bishop?

[bishopawn] 15/10/2018 12:46

So, at least 10 pence a share by this time next year. Simples!

[rhug1966] 15/10/2018 12:32

Has the funding for the last gas site (originally 3 diesel sites) already been given to PPG by Rockpool ?

[pbanus] 15/10/2018 12:12

@a1m1investor, ask the directors if you're that worried about it...seems you've bought in haste and are now regretting it. Toot toot

[petersinthemarket] 15/10/2018 10:54

I suspect that many of us are thinking that this interminable wrangling makes for very tedious reading. It is obviously quite pointless for bb contributors to keep asking each other important questions that probably only the directors could answer, especially when each contributor plainly has an agenda. If you want explanations for any published point that seems unclear try asking the BoD for comment. Their answers, or refusals if they decline to answer, will be much more revealing than all this verbal ping pong.

[rhug1966] 15/10/2018 10:36

You'll not get anything of note from a1nob, PB. They are all trying to flog a dead horse. The MO is to try and discredit other posters.

[pbanus] 15/10/2018 09:19

a1m1investor, is the best you can do is pull up previous posts? Those were months ago, the situation has moved on dude! Where's the £3,000,000 coming from? How will the impaired assete be fixed and why would anyone want to buy them? Diesel has a bad perception, these are legacy assets and have been left behind, any pension fund will only want gas sites...I imagine you're worried about the poor cashflow now we've stripped some camouflage from the company accounts...have fun in your submarine....glug glug glug...dive dive dive! toot toot!

[a1m1investor] 15/10/2018 08:39

Oh dear, resorting to name calling Rhug1966, how childish! :P

[pbanus] 15/10/2018 08:23

@a1m1investor - Where's the £3,000,000 coming from to fix the "hole in the roof" with the diesel sites emissions before they can even contemplate marketing them for sale. It appears the warrants "transaction" was there to make the cashflow of the company look stronger, no actual cash came into the company to pay for those warrants, it was just an accounting entry. Accounting for Growth! Toot toot!

[rhug1966] 15/10/2018 08:22

All aboard the submarine, a1nob. Bubble...bubble

[a1m1investor] 15/10/2018 07:56

Spot on Savvy, The BOD here have shown exemplary performance and behaviour in a challenging time for the business due to regulatory change which was absolutely no fault of their own. Most AIM Co's, without second thought to it's shareholders, would have done bucket shop raise after bucket shop raise to keep the lights on...not here!! How many AIM Co's can you say that about? It's a genuine business here, once the gas sites are built and operational the value of the Co will reasonably be in the hundreds of millions (look at Greenfrog as a guide). Year ago the Attune Welsh energy sale went through at 14 times EBITDA if I remember correctly so there will be a big bumper pay day once the Co is built up and sold on to a large investment fund. Behaviour on the other thread is just the usual AIM mentality, they're just idiots, all of them at some point have been shown to really not understand markets or finance at all. Rhug1966 was posting about how retained losses were a bad debt that PPG would needed to pay back...I mean, it's very basic stuff they don't understand so can't expect them to understand the potential future value of a junior company. Company is really looking in a great position now, they either get it or they don't, who really cares, they're loss :D

GLA! The good ship Plutus is on it's way! Toot toot!

[pbanus] 14/10/2018 21:55

so how does 1savvyinvestor know about the "bonus for failure", anyone would think he's a D I R E C T O R, perhaps that's why he gets so vexed when shareholders ask reasonable questions, it makes him squirm. If you take the incoming cash from the two directors (L & T) buying warrants out of the cashflow statement 2 x £90,000 (identical to the bonuses paid) then the company isn't cash positive at all, it's CASH NEGATIVE...How can 1savvyinvestor say the warrants were "cash neutral" for the company, they were an inflow on the cash flow statement and there was no corresponding outflow on the cashflow statement...S M O K E and M I R R O R S again...someone could claim they were placed there to try to make the cashflow statement look better than it actually was....Good job he isn't the finance director! By the way the £90,000 x =£180,000 didn't come out of their own pockets, they just ran it through the income statement (P/L A/C) as an expense...1savvyinvestor is having a hiatus as he can't stand answering questions about these very weak accounts...warrants another way for directors to make money at the expense of ordinary shareholders, while diluting ordinary shareholders! Great to see the directors are "feeling the pain" of ordinary shareholders!

[rhug1966] 14/10/2018 20:37

Is that an exile from all aliases?

[1savvyinvestor] 14/10/2018 19:40

Tatnall and his team have to date raised £50 million to finance sites. Those harping on about failure need to understand how you build a business. Every company needs to borrow money . No ceo or chairman has money in his or her pocket to finance expansion . You raise it either by equity dilution which is usually very bad news for existing shareholders or you raise money by other means. This is what plutus are in the business of doing . And they have already proved they can do it with the nine Rockpool sites . I'm now going on a one week self imposed exile from posting.