Powerhouse Energy

📊 Investing
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Toady, Powerhouse Energy Group completed their takeover of Waste2Tricity. Lets see what this does to the price tomorrow, if anything.

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Didn’t it rise 4% today? I thought that was it! :smile:

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In for 100 shares at 3.6p a share :smiley:

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Are you thinking of a villa or an apartment in Barbados when you sell them?

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Villa in Scarbados I think.

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They had their AGM yesterday

They also announced they were going to issue new shares, so I’ll hold off for a short while again.

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I’m in at 3.28 didn’t realise the news been taking advice and not watching it and what do you know…it’s shot up :raised_hands:t2:

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It is good news they’ve appointed Tim Yeo as a non-executive director?

Is he going to be bringing good things to the table?

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Don’t know, what have you found out?

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Just that he was also a director of Waste2Tricity Limited which Powerhouse completed the acquisition of on June 26. So he’s jumped on board with Powerhouse now.

Apparently he’s got a really strong background :woman_shrugging:t2: Strong board of directors.

I’ve not heard any other news, does look like they’re heading in the right direction. Few bits of news out there after being quiet for a while.

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When in doubt…

https://www.linkedin.com/in/tim-yeo-5aab48122

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Brilliant! Feel like I know Tim inside and out now.

Never use Linked In. Who knew!

Thanks for that.

Now let’s hope he’s good for powerhouse :crossed_fingers:t2:

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Of course I didn’t check to see if he ran any of those previous roles into the ground but you know… What coud go wrong?..

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Well if it doesn’t go wrong it can surely only go right :woman_shrugging:t2:

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He’s a former Tory MP - there is plenty of info on him out there.

I’m not sure he offers much to the company if I’m honest unless he has hitherto unknown skills in gasification.

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Not sure about gasification but if he was a former MP then he won’t be short of hot air. :joy:

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Some of the companies Tim Yeo has previously been involved with haven’t ended well :scream:

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Care to elaborate…?

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Sounds ominous. But to be fair I’ve just watched Scarface!

I’m intrigued…what has Tim done to cause such terrible endings??

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I’m not sure that he has done anything to precipitate the downfall of past companies. But the question is does he add much value to PHE?

I don’t actually think it makes much difference - this is an engineering company that has engineering and competition challenges (neither of which I can see that PHE have answers to with or without Tim Yeo).

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