Member Info for Stalin_ESQ

another tick up.............

+21%

TICK UP

ALL BUYS todays

+18%

from tomboyb (on ADVFN):
Ben is a Pioneer is his field. The current suite of products Plexus has to offer is greater than when the market cap of Plexus was £300million -

Current cap is £2millish -

Management own 60% so will work for the equity -

BIG TICK UP !!!

FREE FLOAT minimal in my view. Directors (concert party) own 59% here, other PIs will be in at considerably higher (please see 3 year chart), so there is a lot of upside from 2p. NIAI

For these reasons, and with the world in desperate need for safe and near NetZero energy sources whilst alternatives are in reality still a long way off, and with Putin exposing the risk of global sourcing energy policies, our time, in respect of a NetZero-Now capability may have come. This is particularly the case for natural gas, where recently the UK and European energy policies have pivoted back to exploration and production closer to home, whilst at the same time our partners have strengthened our reach into international markets.



"In the case of the UK, such fast moving developments are clearly evidenced by the Prime Minister's recent pronouncements in relation to energy security and the need to make Britain energy independent by 2040. Such a pledge to strengthen domestic power supplies after decades of short-term thinking, and the focus on homegrown fossil fuel extraction was bolstered by the Government indicating that it is poised to make available more than 100 new oil and gas permits in the North Sea, the first licencing round of its kind since 2020. This, I believe, bodes well for the future of Plexus, particularly if we can convince our industry and the regulators that in the field of critical wellhead technology home-grown leak-proof solutions are available, and which are based on prevention rather than cure

The Company continues to monitor its cost base and will manage this in line with the requirements of the business and the anticipated uplift in activity. With this in mind, the Board is also considering how best to manage its asset base in relation to non-core assets, and currently anticipates selling the long leasehold interest in a property in Aberdeen, which has become surplus to requirements. This property has already been sub-let to a third-party tenant and, if such a transaction could be concluded, it would accelerate the receipt of income from the property to further improve Plexus' working capital position and support the Company's planned capex programme.

With Python ready to undergo field trials, Plexus' extensive IP suite, know-how and goodwill is today far greater in scope compared to the time when Plexus was valued at circa £300 million. Although a return to such Halcyon days is not anticipated in the near future, the opportunity to re-enter the rental exploration wellhead market, where we were the original "go to" supplier for the North Sea, together with renewed interest in our Python subsea wellhead and surface production technology, gives me growing confidence that Plexus' shareholder value can recover, this time driven by a more diversified product and services mix, and now also in partnership with the world's largest international oil and gas service company.

Ticked up and buys now showing as buys.........could finish at 3p based on that RNS. GLA

MOVING

Mkt cap £2m, just raised £1.5 million via related party convertible loan.

BUYS POURING IN

I think Panmure will show their hand pretty quickly........buyers now will at least bag 100% from current price imvhpo

FYI, April 2021 price was 46p

Looks very interesting and I can understand why Panmure would want to strike now with the SP at a year low. I would indeed be happy with 35 English pence per share. Good morning !

oh golly gosh, how embarrasing, I feel like I have let myself, my family and everyone reading this board down......I should be stoned, starved and never forgiven for this terrible misjudgment.

BIG ONE (365 million)

FULL ASK