Plutus Powergen Share Discussion Threads

[escapetohome] 12/4/2019 12:03

This company may have a bright future.

£1,000 of my money says it will. How much would you wager?

[escapetohome] 12/4/2019 12:01

Tweet of 3 March , Plutus is pleased to confirm that all 9 SPVs accounts are available to see on line at Companies House. The 6 operating sites all showing healthy profitability .

[escapetohome] 12/4/2019 11:52

Had another small top up. A very small one.

Now got some 250,000 shares or so.

[bishopawn] 12/4/2019 11:18

Now looking like good timing to wrap that shed-load of shares into an ISA, as the retrace seems to have started. Hopefully it will continue a pace.

[nw99] 11/4/2019 07:02

Some hefty losses there poor person .

[bishopawn] 10/4/2019 17:31

There it is at last : - the large bed & isa transaction for 2.9 million.

[bishopawn] 09/4/2019 14:14

a new one has begun and those who used up all their allowance last year may be wishing to put further Plutus shares within a tax shield like an ISA. I would not be surprised to see a big transfer today or later in the week.

[ochs] 09/4/2019 13:47

Didn't the Bed & ISA season end on 5 April?

[2pablo] 08/4/2019 17:52

Bishop, one day this will get out of the wilderness. At the moment all I'm hoping for is we keep afloat as everything about the share price suggests liquidation.

Some definite CM news would help but beyond our control. Funding seems to depend on CM too

[maybesum] 08/4/2019 14:46

Beware Bishopawn ramping again......when he shows up expect more big sells.

[bishopawn] 08/4/2019 14:22

The season of bed & isa has begun....

[marvinridesagain] 08/4/2019 12:35

lol now that is so obvious

[pbanus] 08/4/2019 12:24

if the prospects are so good and the shares are so undervalued then why isn't Bishop hoovering all the available shares up?

[rhug1966] 08/4/2019 12:20

Words without action are just words. Regurgitated rubbish.

[bishopawn] 08/4/2019 10:52

14/11/2018 RNS

Raised £500.000 with issue of 83 million shares at an 11% discount to the closing mid-price of 0.675 pence, and at the same time stating that….
“The Company has a strong track record in the power generation arena, having already developed six operating 20MW FlexGen sites to date, and is making a strategic shift to the development of higher margin gas operations, in which it will hold higher equity interests. The Company has a substantial pipeline of over 300MW of gas assets and is also advancing two 20MW gas powered generation sites in-house which, it is estimated, will run on a merchant basis for between 1,250 and 2,500 hours per annum. Whilst these projects are well advanced and shortly due to enter planning, they require further working capital to complete. The Company is also aiming to pursue two further 20MW sites, which the Board estimates will cost between GBP600,000 and GBP1 million if acquired from a third party.”

21/11/2018 RNS

Rockpool Investments LLP ('Rockpool'), has purchased a 20MW gas-powered FlexGen site in Medway, Kent, with planning, connections, an option to lease and Capacity Mechanism from Reliance Energy Limited.
As previously outlined, the Company's strategy is to develop higher margin gas operations going forward. To this end, this Medway plant will be the first gas-powered FlexGen site developed by the Company; under the terms of its agreement with Rockpool, Plutus will hold a 44.5% interest in the project. The Company has a pipeline of other gas sites, potentially more than 300MW in aggregate, which it intends to develop with a majority interest.
Plutus' acting CEO James Longley said, "We are delighted to be advancing our strategy to move into the construction of higher-margin gas-powered FlexGen sites with our first project in Kent soon to commence development. We have an historical relationship with Rockpool that has successfully developed multiple sites across the UK and we look forward to continuing this as we develop Medway. Furthermore, discussions are continuing to secure funding for additional majority owned gas sites across the UK and we look forward to updating the market on our progress."

26/11/2018 RNS
The Company stated that there was no operational or corporate reason to justify the drop in the share price.

28/11/2018 RNS

Plutus announces that it has today been notified that Charles Tatnall, Executive Chairman of the Company, yesterday purchased 5,000,000 ordinary shares of 0.1 pence each ("Ordinary Shares") at an average price of 0.49762 pence per Ordinary Share (the "Purchase").
Following the Purchase, Charles Tatnall has a total beneficial interest in 80,500,000 Ordinary Shares, representing 9.75 per cent. of the Company's issued Ordinary Share capital.

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Stringing all those announcements together, it would be reasonable to deduce that there is a robust plan which is at an advanced stage/process of implementation and that the current share price is way below what it should be. Of course, the Market is not solely driven by logic and what is needed here is a turnaround in sentiment among potential investors in this sector.

[marvinridesagain] 05/4/2019 07:32

How part time scoundrels operate like this and get away with it without investigation is beyond me.

Probably planning there next rope a dope company as we speak.

[pbanus] 04/4/2019 12:05

busy drawing their salaries each month and making sure whatever they spend it on it's not buying PPG shares by the looks of it

[maybesum] 04/4/2019 11:17

WHERE IS OUR BREAKDOWN OF YOUR WORK FOR PPG TODAY, YESTERDAY,AND ALL THE OTHER DAYS. DIRECTORS!!!!!!!???????? WHAT ARE YOU DOING?!?!?!? We are paying you a criminal amount each of you. What are you DOING for us?????

[bishopawn] 03/4/2019 23:14

No news till this shed-load (can there be more!?!) is out of the way. But once it is through, the market makers could make a killing getting so much stock at this price. Just a thought!

[escapetohome] 03/4/2019 22:50

Not sure at all, Savvy. I saw the trade listed on the lse site as a sell.


Perhaps this could mark the turning point.perhaps not.

I gave up investing very large amounts in shares.

Just a token 100,000 shares i hold, so im playing it cool.

[1savvyinvestor] 03/4/2019 22:40

This is all getting very bizarre. I just don't what is going on . 20 million? Who had that and was so desperate to sell at this price ?

[escapetohome] 03/4/2019 22:34

Seems there was a 20,000,000 trade today , which jusging from the price achieved was a sell.

[bishopawn] 03/4/2019 21:47

Very good to see buyers returning today, and I could not resist myself in a couple of smallish trades @ 0.27 pence,to add to a substantial holding, which have multi-bagger potential at this ridiculously low level. All it needs to start the reversal is an RNS or two clarifying the current situation on any number of possible fronts.

[isa2020] 02/4/2019 17:13

Suggestions???

[lilah1] 02/4/2019 16:11

Papillon, Stranger and Fandango