Timing is everything. When a share is out of favour, big bargains can be bagged. I think that is the case here.
"We remain extremely positive about the future for Plutus with the changes in UK power generation energy mix creating imbalances in supply and therefore market opportunities for our operations in FlexGen, Gas powered generation and power storage. We have a proven business model and are executing our strategy with further exciting opportunities in the pipeline." Chairman's statement in the autumn. Must be about time for more details on what has been planned in the pipeline, described as "further exciting opportunities....."
The churn is not from that area I understand. But I do agree that we will soon have the next bull run that will be strong and sustained producing a multi-bagger by the end of 2018. My target is 30 pence.
Very strange ....hard to fathom what went on this afternoon.
It looks like awareness is growing about the attractions of investing in Plutus Powergen. But a nice steady growth which builds a basis for the next leg up in the share price. As we all know, there is lots of news on sites going "live" within a few weeks, and no doubt further information about the ambitious plans for four gas sites in 2018. Some people think that planning applications are already in for them. The other bit which is intriguing me is that the other leg of the funding to match the MOU with JCB still has to be announced. So we are talking an individual or institution or business that has the funds to invest in Plutus with the attractive option of having a 20% carried interest, because as Plutus has already made clear on several occasions it want to have 80% ownership of the gas sites. Because the gas sites may be switched to produce merchant sales rather than on standby to the Grid, four sites could produce multi-millions of pounds per annum for Plutus, perhaps as high as £10 million.
A well justified hike upwards into a new trading range in recent days and a growing awareness of the business potential here is laying a very solid foundation just for starters. There is a whole raft of excellent news in the offing between now and the end of November. There should be exciting news on the Gas Sites to add to the excellent tie up with JCB announced this. Yes, the Market is waking up to Plutus, and fasten your seat belts folks for an exciting ride.
Definitely! Going into a new trading range.
The Market will react more aggressively on price, when there is a steady stream of buyers. For that to happen, there needs to be some education of investors. Our Nomad comes to mind, Cantor Fitz, who will have a dedicated analyst for Plutus, but there will be other analysts, who will start to mention "en passant", at least in their newsletters ,the potential of Plutus for significant capital gains from the current LOW market valuation. I suspect that the silence of our Cantor Fitz may very well be related to "Chinese Walls" within a company. If there are more developments on the financing of the gas sites in the offing, and I believe there are, Cantor's analyst may be waiting to get the full story, before launching a Buy Recommendation. When that happens, buyers will be in a hurry to get on board. In the meantime, a canny snip at this price, for those who have their own way of analysing things.....LOL!
3 pence will be left behind long before Christmas. It will come on to brokers' buy lists shortly.
https://t.co/XmBeuTGTnI It's saying quarterly results but that doesn't make sense. September would be the month for full year results. Anyhow, it will be good to be brought up to speed with how the business going and perhaps some indications from the directors as to the immediate prospects. All looking good in my book.
This will take over with news. Better to be in at the minute just in case.
Spot on, I certainly am. Just watch this space. Definitely money to be made in this dynamic that is developing before our eyes this week.
Last chance saloon for getting these below 2.0 pence. Stampede about to arrive, and there is preciously little stock around. Good luck with your fill or kill attempts.
This thread has dried up it seems, and it is now all over on ADVFN, with some people "in the know".
A more accurate "take" on the RNS can be read in the first line shown below:- "Plutus Powergen said following a re-work of its modelling, and considering OFGEM's proposal, its believes the company still has an extremely robust and attractive business model." EXTREMELY ROBUST ATTRACTIVE. A very nice combination of qualities for any business model. The next few days/weeks will demonstrate just how ROBUST and how ATTRACTIVE our little Plutus has become of late.
Great RNS with lots of GREEN FLAGS. Just how you read it, really. Reckon won't have long to wait to see the real colour of the flags, meaning the amount of finance procured for the gas sites development and who the backer(s) are. Would not surprise me if Plutus went for 100% ownership of at least. So glad that I bought in shed loads during the three months weakness. It's all about strength from here on in. A certain poster will have to take lots of vitamin B16 to keep his spirits up with what is coming down the tracks. LOL!!!!! I am just lovin it. Fantastic. Laughing all the way to the bank. Poor B16. What a pity he didn't listen to the bulls for a change. So wrong footed, it is incredible. Ah, well, horses for courses, I suppose. The world is full of losers. Fortune always favours the brave. I am in the latter category. I can already see the Bentley. Just a matter of choosing the colour, and enlarging my garage to get it in.
Thanks Weazel75 for a comprehensive summary of the current situation. This should counteract the mis-information brigade led by the Sheriff of Aim.
Yes, the after lunch trading activity looks very encouraging. Some people very confident to go in big, to take advantage of temporary weakness.
Woweeeeeeeeeeeee!! Weazel75. As you say, what is NOT to like about Plutus? So much TO like, if people would only take a considered look at all the information that the Company has put out there, through RNS's and on its new and improved Website. We are waiting with bated breath for that damned Ofgem thing to get over the line, hopefully put back for further consideration for a couple of years. But even if TRIAD is off the table, Plutus is still going to be very profitable and those planned new Gas sites with merchant sales could be extremely profitable. No doubt there will be news on that front before too long, making clear exactly how many sites they are planning and the financing thereof. We are only five months away from the autumn and by October at the latest we could be talking about in excess of ten sites (bio diesel and/or gas) operational or near enough operational with planning permission and in process of build out in time for the winter. Would anyone like to do the math for that scenario and give us their estimate of the share price at that point - let's say by year end? Long before then, Cantor Fitzgerald will have restored their BUY recommendation, I have no doubt. The market makers will make a killing on the stock they have amassed from weak holders since early March. Best of luck to those going in now. Fortune favours the brave!
Lots of news to come out this month. Early buyers this morning are taking the view that it is all good. Took a few more myself to join in the fun. The oversold situation over the past two months will be sharply corrected soon, imho. Ridiculously low price due to ignorance of the business. Those who can spot that now will be handsomely rewarded.