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I think 2015 is 8.5 revs? But the excitement will come with above 11 for 2016. As Ian says, I too was hugely encouraged by the Board purchases at 1.6. Price after dropped as low as 1.15 but has bounced back nicely. Last year results were issued on May 26th (I think). We may get some forward guidance before then. With a market cap so low the risks are substantially reduced if enough interest can be created in the future potential.
market makers trying to make something happen today. Dropping the bid right down but barely moving the ask. Patience will be rewarded here. The current price is the floor. Anything over 11million turnover in May and this could really motor.
yes but the point of good investing is catching something early that will be a big winner. So the fact that significant earnings are in the future is not the point. If investors can be sure that earnings WILL be there they will invest now or this year and not wait. Investors invest for the future and not for a quick day trade. The thing holding back Plutus share price at the moment is that people are a little less clear on when profits will come and how significant they will be. If investors regain that confidence then the fact that it is two or three years off will cease to be relevant
Don't bother getting into a spat. Really not worth it. I've read the reports from Rockpool and will hold. All Rockpool sites should be generating by around May next year. One site will be 90% owned by Plutus and will be generating by then too. Bristol is an interesting one. I thought they wouldn't bother given initial opposition but they must have reasons to feel it is worth pursuing. Long Term hold
Pretty hard to drive in the fast lane with a reliant robin . Fascinating insightful posts from a well informed and balanced poster. Looking forward to his next 50 posts over the next week or so.
Charles Tatnal and James Longley shelled out £180,000 in February in shares of PPG at .9p . Just saying!
The site is being developed successfully, cleanly and efficiently. They will be looking to connect to the grid in September . No emissions currently
Interesting to see the lies building!! Plymouth is in the process of being built . They haven't got diesel engines installed yet and so they definitely aren't polluting. 3 year old articles; what is his agenda?
The problem here is that all nine companies are seperate entities with their own structures and not plutus themselves . Plutus are 45% holders in the equity of those companies and receive a management fee . Hence, technically, they are not the drivers of this information and the announcements are of the private unlisted companies. The effect of good news from those companies is to make the equity of plutus itself more valuable . There was no real news in the documents but a very clear timeline.
Seems a bit crazy but I'm not able to say anything. As well as being at shareholder in PPG I have investments through Rockpool. We receive updates on companies we are invested in. Yesterday we received updates about all 9 companies. I am not legally allowed to say anything from the reports , but I'm perfectly happy with what I read. I imagine that is why there was some buying yesterday . I suspect that PPG may now be obliged to give a similar update to the market
Rockpool investors received updates on all 9 sites today which have been taken very positively. I suspect that Rockpool investors have been doubling up their investments.
I totally disagree. They don't want to mislead. Very good answers on Q & A, tit bits on Facebook. When they have something necessary to RNS they will RNS it
Agreed. I reckon probably just best to sit and wait on this now. don't worry lowrisk. I'm pretty convinced we will all be happy some time this year and worrying daily over the share price is not a good idea! . So I suggest a little distance until we get some firm news which I'm sure will come soon
I called him yesterday. They have submitted , along with Rockpool and other affected companies a detailed criticism of the DECC document. In the meantime they are pressing ahead with planning applications and other projects. I asked whether if the DECC plans were implemented they would seriously impact on the ability of PPG to be profitable . The answer is that the case for back up energy is already won and that the sites they are developing will be needed and indeed can be proved to be essential to the reserve market. In a nutshell the case for investing here remains and anyone buying at current prices should be handsomely rewarded.
I have it down as sometime in June/ July so we could drift here till then. Annoying as I think the DEFF proposal is very badly put together but it does impact negatively on sentiment here unfortunately . Good time to buy in my opinion. I'm fully invested at an average of around .9p and will hold
I was just checking the history of Alkane. It seems they bought assets from Welsh Power in 2014 at a multiple of 14.7 x EBITDA. They obviously over extended themselves and were then taken private by Balfour Beatty in 2015 which wasn't such a great deal for shareholders in Alkane. The important comparison here though is what Alkane were prepared to pay for the assets.
Just been on a conference call with Rockpool regarding the changes. In a nutshell this confirms what many have been saying here. Capacity market is the cherry on the cake. The business case for the spvs remains intact and indeed positive. Rockpool are anticipating EBITDA of £1m per company in about 3 years. Alkane were taken out at a price of 14 times EBITDA by Welsh Power and they weren't even up and running. Even if we were taken out at 10 times EBITDA over 9 companies you are looking at a potential market cap of £90Million. And the capacity market changes are being fought tooth and nail by Rockpool and Plutus. Crucially Rockpool were informed by email that EIS companies could be set up to bid for capacity.