Plutus Powergen Share Discussion Threads

[chopyead] 20/10/2018 08:04

Dear oh dear, he is accusing you of something he is doing lol, comical, just like the CEO ;@)

Maybe questions should be asked at the meeting why the CEO has failed to deliver even one of his promises from last years reports?


Its been a friggin disaster of a year, so please tell us Savy; what is positive?


All you every do is talk about your pipe dreams you 'THINK' might happen.

PB states fact; something your head cant seem to take in.

You truly need to click your high heels three times and see reality; the CEO is using PPG as his personal cash cow and draining it dry, hence an appalling share price; you can fool certain investors but you cant fool the markets!

[1savvyinvestor] 19/10/2018 22:12

Back to silence for me. I'll leave the constant drivel to the other board

[pbanus] 19/10/2018 22:05

Me thinks he knows the chairman better than anyone else. He can't stay away from here despite having to continually lick his wounds. Like a moth attracted to the light of our discussion chopyead ;-) Monty appears to have fallen out with his doppelgänger a1m1investor.

[1savvyinvestor] 19/10/2018 21:55

Of course plutus can find finance to buy Rockpool out . Just depends on the terms as to whether it is a good move. Definitely an option . Personally I would be happy for them to do it. It would be great to have visible earnings at a much higher level than the current management only fees . But if they are outbid by another buyer then that's fine too as will give a substantial cash injection .

[1savvyinvestor] 19/10/2018 19:21

Well. Frustrating being a shareholder atm. Hard to remain bullish with recent share price weakness but I do remain positive about the company and it's prospects . Even without gas sites there is a lot of hidden value here. An update today to Rockpool clients. Catalytic converters fitted to diesel sites and tests show emissions well below the required level . Income through the summer better than expected and they are expecting to exit in 2019 as expected. With cm ffr merchant sales and reducing triad projections still looking good for income from all sites. I'm expecting £800 k per site going forward . Plutus can either buy out Rockpool or benefit from a big cash injection way ahead of current market cap. Good luck to my fellow shareholders!

[pbanus] 17/10/2018 20:55

Cheers chaps, let's add more as we think of them

[rhug1966] 17/10/2018 19:46

Pretty comprehensive PB. I think you have plenty there, lilah.

[chopyead] 17/10/2018 18:21

A BIG WOWWWWWWWWWWWWWWWWWWWWWWWWW!

PERFECT!

[pbanus] 17/10/2018 17:26

1.) Why did the directors take such HUGE payrises during the last financial year when the share price and prospects for the company crashed?
2.) Why wasn't there an RNS following the disasterous CM auctions - given that the strategy of the company then changed?
3.) Why wasn't there an RNS to state that the 3 remaining diesel sites weren't going to be built?
4.) Why does the Chairman refer in the RNS's to directors and employees when we are led to believe the directors and employees are one and the same. Discourse to the contrary suggests that the Chairman is try to inflate the perception of the size of the company
5.) Why was there a "technical accounting entry" in the cashflow statement to give the misleading impression that REAL cashflow was positive, when in actual fact it was negative once the "warrant payment" that never landed as cash in the bank account was excluded.
6.) Why are directors paid via service companies and not a traditional payroll?
7.) Where will the £3,000,000 come from to fix the existing diesel sites so that they comply with emissions targets.
8.) Can the directors clarify whether they plan to keep or sell their interest in the 6 diesel sites, in the end-of-year results the directors seem to contradict each other in their separate statements
9.) Will the Rockpool gas site be sold in Q2 2019?
10.) Why has over £300,000 been written off over the last two years in abortive planning application?
11.) Why does the Chairman charge the company interest at 8% when lending to the company. How much interest charge did he take for provide the deposit for the CM auctions in 2018?
12.) How many hours per day do the financial director and chairman spend working at PPG given they both have numerous interests in other companies?
13.) On what basis have the 6 diesel sites been valued and by whom? What is the realistic selling price per site, what debt is outstanding against each site and what is the resulting net asset value of each site?
14.) Given the fall in revenue in 2018-2019 and beyond will the directors take pay cuts?
15.) Given the weak cash flow this last year and a projected worse cashflow this current financial year what are the chances of the company becoming suffering from a working capital and liquidity crisis when faced with current liabilities to pay
16.) When will a more experienced CEO be appointed
17.) Would the current CEO/Finance Director and Chairman consider resigning from the board in the best interests of the future of the company?

[chopyead] 17/10/2018 17:03

I have to be honest and say 'NO' I wont be going and wont waste any more money on this cash cow.

I would have thought the questions would have been obvious?

Ask him why he failed to deliver all his promises within the last reports?

Why he saw fit to award himself a comical pay rise for failure and only working part time?

Will and when will he resign for not being fit for purpose?

How soon will PPG go bust if he don't resign and put someone with vision in place.

Apart from that he will talk his way out of a paper bag to please the devoted loser rampers.

[lilah1] 17/10/2018 16:53

Is anyone going to go to the AGM Nov 1st?

Held at the offices of DMH Stallard LLP, 6 New Street Square, New Fetter Lane, London EC4A 3BF at 11:30 a.m. on 1 November 2018.

This is your chance to speak out or happy to ask questions on everyone's behalf if I am supplied a list of serious questions

[chopyead] 17/10/2018 16:38

They can run but they cant hide from the released figures and the disaster of a share price and shows how well the market views the CEO's performance.

[isa2020] 17/10/2018 07:21

The directors, should be paid by PPG as employees (not via service companies) this would increase the Tax and NI PPG would have to pay (making it a more reasonable company) the directors should take a hair cut on earnings, free/discounted shares set by shareholders (excluding shareholders on the board)PPG have a great opportunity to lead in accounting policy

[pbanus] 16/10/2018 20:57

we can only hope marvellous marvin makes another appearance soon, as he was 100% right about the cash cow directors...While Monty was away we've had A1m1investor (or Monty on his other login) toot toot!

[chopyead] 16/10/2018 20:43

Yet again, you are spot on with your conclusion, you sure your not Marv lol

[pbanus] 16/10/2018 20:29

Chopyead, do you suppose that Monty and A1m1investor are one and the same? That would explain the BIGDISH share price crash since Monty bought it. Dive dive dive, glug, glug, glug...

[chopyead] 16/10/2018 20:10

Dear oh dear; NEXT!

So not one single ramper, alleged investor can justify the CEO's mega comical pay rise and name one thing they have done in the last year to earn it?

Just goes to prove Marv's legacy.

Nothing more than a cash cow for its directors; its all in the share price.

[chopyead] 16/10/2018 16:46

lol

Maybe you can answer the question Monty, because A1numbnuts cant.

[pbanus] 16/10/2018 15:57

OUCH look at the BIGDISH share price, it's collapsed so much since Monty bought it that it will soon be attracting the attention of a1m1investor! Looks like your ramping thread there didn't work Monty :-(

[montynj] 16/10/2018 15:15

Boring and repetitive

[chopyead] 16/10/2018 14:16

Looks like the comical pay rise the directors have taken was not well received by the markets; and rightly so, mega pay rise and wages for failure.

The CEO needs to resign or the share price will never recover and the company will go bust at this rate.

[pbanus] 15/10/2018 21:42

a1m1investor are you still trying to pull a doublebagger?