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wealthview · 5 months

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Kay Cee Energy IPO Date, Price, GMP, Review, Company Profile, Risk, Financials 2023

New Post has been published on https://wealthview.co.in/kay-cee-energy-ipo/

Kay Cee Energy IPO Date, Price, GMP, Review, Company Profile, Risk, Financials 2023

Kay Cee Energy IPO: Stepping into the Power Play, Kay Cee Energy & Infra is an Engineering, Procurement, and Construction (EPC) company specializing in the construction and commissioning of power transmission and distribution systems. They handle overhead and underground lines, substation construction, automation, and more. As India pushes towards renewable energy goals, companies like Kay Cee are expected to play a crucial role in building the necessary infrastructure.

IPO Deets:

Open Date: December 28, 2023

Close Date: January 2, 2024

Listing Date (tentative): January 5, 2024

Offer Size: Rs. 15.93 crores

Price Band: Rs. 51 – Rs. 54 per share

Minimum Lot Size: 2,000 shares (Rs. 108,000 minimum investment)

Buzz in the Wires:

Grey Market Premium (GMP): As of today, December 27, 2023, the GMP stands at Rs. 30, indicating positive sentiment among unlisted market participants.

Recent Developments: The company’s revenue grew 22% year-on-year in 2023, showcasing market traction. However, some analysts raise concerns about its profitability and reliance on a few large clients.

Kay Cee Energy & Infra Offer Details:

Securities Offered:

The offer consists solely of equity shares of face value Rs. 10 each. There are no bonds or other types of securities involved.

Reservation Percentages:

Retail Investors: 35% of the offer is reserved for retail investors. This translates to 331,500 shares.

Qualified Institutional Buyers (QIBs): 50% of the offer is reserved for QIBs. This translates to 483,000 shares.

Non-Institutional Investors (NIIs): 15% of the offer is reserved for NIIs. This translates to 149,250 shares.

Minimum Lot Size and Investment Amount:

The minimum lot size for the IPO is 2,000 shares. This means the minimum investment amount for retail investors is Rs. 108,000 (2,000 shares * Rs. 54 per share – upper price band).

Kay Cee Energy & Infra Company Profile:

Founding and Operations:

Established in 2015, Kay Cee Energy & Infra has carved a niche in the power transmission and distribution landscape.

Their expertise lies in EPC (engineering, procurement, and construction) services, encompassing overhead and underground lines, substation construction, automation, and more.

Market Position and Share:

While precise market share data is challenging for smaller companies like Kay Cee, their focus on Rajasthan, a state with significant renewable energy aspirations, positions them strategically.

They boast a strong track record of working with key government entities like Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL).

Key Details:

Headquarters: Jaipur, Rajasthan

Revenue growth (FY23 vs. FY22): 22%

Profit after tax (FY23 vs. FY22): 77% increase

Employee strength: ~250

Partnerships and Brands:

No prominent subsidiary or major brand names attached to Kay Cee currently.

Their primary collaborations revolve around government contracts and project-specific partnerships.

Milestones and Achievements:

Secured prestigious projects like the 400KV Ajmer-Bhilwara transmission line for RRVPNL.

Successfully commissioned over 1,200 circuit kilometers of power lines.

Maintained a strong safety record in its operations.

Competitive Advantages and USP:

Focused regional expertise: Strong presence in Rajasthan’s burgeoning renewable energy market.

Government connections: Established track record of successful collaborations with key government entities.

Experienced team: Qualified workforce with a proven ability to deliver complex projects.

Agile and responsive: Demonstrated ability to adapt to changing project requirements and regulatory landscapes.

Kay Cee Energy & Infra Financials:

Recent Performance:

Revenue growth: Kay Cee has displayed promising revenue growth, with a 22.33% increase in FY23 compared to FY22. This demonstrates their ability to capture market opportunities.

Profitability: The company saw a healthy 77.62% increase in profit after tax (PAT) for FY23. This improvement in profitability is encouraging, but the absolute profit figures remain relatively small.

Debt levels: The company’s debt-to-equity ratio stands at approximately 0.28 (based on March 2023 financials). This is considered a moderate level, suggesting manageable debt obligations.

Key Financial Ratios:

P/E ratio: Based on the IPO price band (Rs. 51-54), the P/E ratio falls between 7.19 and 7.59. This compares favorably to the average P/E of companies in the infrastructure sector (around 20).

EPS: The company’s EPS for FY23 stood at Rs. 7.11. This provides some support for the valuation based on the P/E ratio.

Debt-to-equity ratio: As mentioned earlier, the debt-to-equity ratio of 0.28 shows a relatively low dependence on debt, indicating a cautious financial approach.

Future Growth Prospects and Earnings Drivers:

India’s renewable energy push: The government’s ambitious renewable energy targets create significant opportunities for companies like Kay Cee.

Continued focus on Rajasthan: The company’s strong presence in Rajasthan, a key renewable energy hub, positions them well to capitalize on the growing market.

Project pipeline: Kay Cee boasts a healthy project pipeline of upcoming initiatives, further bolstering their growth prospects.

Kay Cee Energy & Infra Objective:

Reasons for Going Public:

Capital Raise: The primary objective of Kay Cee’s IPO is to raise fresh capital. This will provide them with the necessary financial resources to fuel their future growth aspirations.

Brand visibility and credibility: Listing on the stock exchange can enhance Kay Cee’s brand image and attract wider investor interest. This can be beneficial for securing larger projects and partnerships.

Liquidity for existing shareholders: While the IPO is solely a fresh issue, a public listing facilitates exit opportunities for early investors and employees holding pre-IPO shares in the future.

Utilizing the Raised Funds:

Working capital needs: The majority of the IPO proceeds (75%) will be used to address Kay Cee’s working capital requirements. This includes expenses like procurement of materials, wages, and project execution costs.

General corporate purposes: The remaining 25% of the funds will be utilized for general corporate purposes. This could encompass strategic investments, technology upgrades, or potential acquisitions to expand their business reach.

Kay Cee Energy & Infra Managers & Registrar:

Lead Managers:

GYR Capital Advisors Private Limited: GYR Capital is the sole book running lead manager for Kay Cee Energy’s IPO. While they are a relatively new player in the IPO space, they have successfully managed several SME IPOs in recent years, including the IPOs of Karda Constructions and Utkarsh Spintex.

Track Record:

GYR Capital’s previous SME IPOs have witnessed varying degrees of success. Karda Constructions’ IPO saw decent subscription levels, while Utkarsh Spintex faced moderate subscription.

It’s important to note that the performance of past offerings doesn’t guarantee success for future ones.

Registrar:

Bigshare Services Private Limited: Bigshare Services is the registrar for Kay Cee Energy’s IPO. They are a prominent player in the IPO scene, handling the registrar process for numerous SME and Mainboard IPOs.

Registrar’s Role:

The registrar is responsible for maintaining the share register, processing share applications and allotments, managing refunds, and issuing share certificates. They play a crucial role in ensuring the smooth and fair conduct of the IPO process.

Kay Cee Energy & Infra Grey Market Premium (GMP):

Current GMP and Comparison:

As of December 27, 2023, the GMP for Kay Cee Energy’s IPO stands at Rs. 30 on the upper price band of Rs. 54 per share.

This translates to a potential listing price of around Rs. 63 per share (upper band price + GMP), indicating a possible premium of over 16.67%.

Compared to recent SME IPOs, Kay Cee’s current GMP is relatively favorable. For example, the GMP for Kaushalya Logistics, another recent SME IPO, stood at Rs. 22 just before listing.

Kay Cee Energy IPO Risks:

While Kay Cee Energy presents an intriguing investment opportunity, it’s essential to acknowledge the potential risks associated with any IPO, especially for a smaller company like this.

Industry Headwinds:

The dependence on government contracts and project approvals exposes Kay Cee to potential delays or changes in policy priorities within the renewable energy sector.

Increased competition from established players in the power transmission and distribution space could hinder Kay Cee’s market share and growth prospects.

Company-Specific Challenges:

Reliance on a few large clients for a significant portion of revenue creates concentration risk. Any issues with these clients could negatively impact the company’s financial performance.

The limited track record and relatively small size of the company raise concerns about their ability to handle large and complex projects successfully.

The IPO prospectus also highlights certain ongoing legal disputes, which, if not resolved favorably, could impact the company’s future operations.

Financial Health Assessment:

While Kay Cee’s recent revenue growth and profitability are encouraging, the absolute profit figures remain small.

The moderate debt level is positive, but investors should remain mindful of any future debt accumulation for working capital needs.

Red Flags for Investors:

Lack of market maker reservation in the IPO raises concerns about potential liquidity issues, especially for retail investors.

The dependence on project-specific partnerships rather than established brands or subsidiaries increases the risk of project execution delays or cancellations.

Also Read: How to Apply for an IPO?

#Allotment Details #Company Profile #Financial Performance #Lead Managers #UPCOMING IPO #IPO #News

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thefanficcup · 1 year

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DC/DP Constantine Bingo

When Danny gets crowned High King he gets loaded with mountains of paperwork all because of one John Constantine. So instead of dealing with it he turns Constantine's sold soul pieces into a currency for favors from the King. (Claming John's soul for himself to end all debates)

Then because Constantine will likely continue to sell his soul carelessly Danny makes an official decree that anyone who wants can create a 5 by 5 grid of beings/situations/etc. John will se his soul to and send it to Clockwork to officially enter the bingo, creating a realms wide bingo with prices. Along with this comes a ruling that of John comes to you and wish to sell his soul in return for a favor that you can do, you must accept, preventing people from cheating.

~~~

This of course makes John very paranoid. It suddenly got very easy to trade his soul and many beings even seemed eager to do it. Despite them knowing it would not give them the ownership of his soul.

~~~

What happens when Danny receives an update on the bingo, in the form of a green postit-note, in the middle of a dinner at Wayne manor.

It could either be a meet your partners family dinner or a adopted danny dinner.

Anyway now he either has to come clean about being a ghost, the ghost king, or make up a story about befriending ghosts and getting invited to the bingo that way.

Bonus points if Danny name dropps Constantine without knowing that the Wayne's are the bats and that John had shared his paranoia with his coworkers.

~~~

I am not a writer but if you like this and want to write it your self, be my guest, just tag me so I can read it👻👻

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mamawasatesttube · 6 days

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i just think lois lane should put tim drake in her purse like a little dog. a scrunkly little companion who's even better at picking locks than she is, which is saying something. a nosy little freak after her own heart. the rubber duck she uses when talking her thoughts out loud to put clues together. her coffee gofer. her purse ferret.

#rimi talks #lois pulls the ''steal a uniform/badge and pretend i work here'' trick and gestures to tim to follow her lead and tim is DELIGHTED #need him following her around the daily planet offices just chattering constantly at her elbow. like a duckling. that canNOT shut up #as enrichment in his enclosure she directs him to sneak her some coffee without clark noticing #(he never manages to not get noticed bc. superman. but he still tries really hard)#<- now that ive mentioned coffee in the same post as tim drake. everyone be fucking cool ok. be normal about this.#i just know tim manages to charm so many people at the planet bc his annoying baby brother energy is just SO POTENT #tim drake daily planet summer internship au that lives only in my mind. speak to me #lois is out there like. ugh. fucking simone wants to run clickbait again. can you believe? the NERVE of that woman.#and tim nods seriously. fuck simone!#[Lois Lane approves. +10]#tim #lois

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avalonlights · 3 months

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No strings attached. 🎵 | For @harringrovelovefest Day 1

Steve "The Hair" Harrington, heartthrob King of Late Night, is in a ratings slump and an all time personal low after his highly publicized break-up with glamorous hard-hitting reporter Nancy Wheeler. Just when he thinks things can't get any worse, the only guest he can't stand, glam rock revivalist and obnoxious playboy Billy Hargrove, spikes his ratings after their "rivalry" goes viral. Will either of their careers survive another fiery interview?

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lugwen · 6 months

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some high quality™ screenshots of our favorite canadian from todays decked out 2 event

#he loved these balloons #the last one is my fav tbh #he was just standing there all alone after he had to lead jimmy down to lvl 4 and back for 50 minutes #these are screenshots from joels n jimmys n martyns and hbombs POV #idk how i managed to watch all of them at the same time to get the max etho content out of every angle #ethoslab #bdoubleo100 #jimmy solidarity #solidaritygaming #ethubs #<- im sorry but just look how adorable these two look together #mine

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seiwas · 3 months

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atsumu’s pr team the type to put him into every possible thing—sports ads, energy drink endorsements, hair care commercials, tiktok trends, the whole thing.

at some point the miya twins try to start a podcast but it’s 30 minutes of them bickering, so it ends after 5 episodes. a youtube channel doesn’t do any better.

but it’s in his mid-late twenties that a movie is pitched to him and his pr team is all over it, marketing him as the up-and-coming romcom heartthrob of the next decade.

atsumu has never acted a day in his life, and sure, he’s hot, has a charmer of a smile and the physique of a god. but the moment he speaks, all of that gets thrown out the window immediately.

#my love language for atsumu is bullying him lovingly 😔#they book him the role bc sales think he has enough pull to break the box office 🥲#(he does) (but osamu never lets him live it down)#when he has to do a kissing scene with the opposite lead his lips won’t stop quivering #and they have to do 10 takes to get the shot right LMAO #you are his trusty assistant through all this #and you’re hiding your laugh behind your hand as he fumbles his lines for the nth time #bc he’s practiced this with you TWENTY times 🥲#atsumu doesn’t believe for a second that he’s cut out for this but his pr manager is insistent #and has somehow managed to convince him that he’s at the peak of his youth AND his career—that he should grab every opportunity ahead of hi #thank GOD he just has you by his side through all of it #shotorus.bubble #atsumu

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tanglepelt · 1 year

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Dc x dp idea 54

The Fenton parents have lost custody. Do to unsafe living conditions. Danny ends up being placed in the system. Jazz did not qualify to take him in.

The adults in the realm were not pleased. Offering to house him in the realm. Danny refuses. They demand a monthly check in at minimum.

That went fine until the foster parents handed him over to the GIW. They got a reward and Danny’s existence in their home wiped.

Danny doesn’t want to think about what’s going to happen if he meets check in. The last two had been them telling him they didn’t approve of the home. They were about ready to force him in the realm.

Red hood bust into the government lab the last day he could check in. Danny full on panics obviously Jason thinks it’s because he was locked up. But nope Danny’s worried frostbite, pandora and crew are gonna busy into the human realm to find him.

Now it’s a race to one of Jason’s safe house because if Danny doesn’t pretend to be somewhere safe it’s gonna be bad. Especially if they found out the GIW had him. Add in the experiments and it gets even better. A hoodie could hide the injuries for the check in.

No one believes him when he says he’s fine. That Danny has been crashing there after taking the realms advice and ditching the foster home.

Frostbite tells the two that they’d be doing weekly check ins now. That Danny can’t be trusted and if anything happened that isn’t handled before they find out it will be dire. Dire for the world of the living.

Now Danny is staying with Jason. They have to commit to the bit until the GIW are handled.

It becomes permanent.

#danny phantom #danny fenton #dp x dc #dc x dp #dp dc crossover #dp x dc crossover #dp x dc prompt #Danny was very injured during the check internet #frostbite did not fall for the lies #just used it to his advantage #obviously this guy got Danny out. make him babysit until Danny is safe #Jason know has a child in his safe house #if Danny leaves they’ll catch the lie.#at least he knew the kid wouldn’t be homeless #and with the injuries he wasn’t keen on returning the brat yet #Jason will no live it down when the batfam find out #Danny contacts Jazz right away #could lead to anger management #as much as the Fenton parents love there kids they seem to care about experiments more #they do have food come to life #the whole hunting jazz thing. while not as bad as it was saying they didn’t want to hurt her. she was still hunted #besides Jason and Danny could have such a fun vibe #i like the two’s relationships #pandora likes his vibe #even if he needed to be decontaminated #that could be handled later #Jason’s accidentally child acquisition arch #they commit hard to the bit #no turning around #jason todd

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thealogie · 27 days

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The really amazing thing about iwtv is that the leads are all traditionally hot but still have rizz and are sexy together. not usually the case

#just thinking about how everyone in mash was regular looking and it was so sexy but iwtv manages to be the only modern show #where they’re showing you Hollywood good looking leads with sexiness

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canisalbus · 4 months

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I love how Vittorio looks! As you said he really seems to mirror Machete, and it’s funny to picture how while machete has that general paranoia that he’s one moment from disaster, Vittorio’s nervous outlook while in employ might more be from how his boss looks ready to fall apart like a house of cards at a moments notice from said paranoia x3

#thank you for noticing!#I wonder if Vittorio was always like that or is Machete making him more restless #I've made this comparison before but I tend to think Vittorio's nervousness has a saneness to it #it's the reasonable type of worry and usually leads to sane reasonable and appropriate actions #whereas Machete's anxiety is often vague and irrational and he ends up hurting himself and others trying to manage it #panicked animal that will gnaw off it's own foot to escape the trap sort of feel #answered #rikuredo #I feel sorry for Vittorio #I hope he's coping with stress better than what it looks from the outside

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wealthview · 5 months

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FirstMeridian Business services IPO Date, Price, GMP, Review, Company Profile, Financials, Risk, Allotment Details 2023

New Post has been published on https://wealthview.co.in/firstmeridian-business-services-ipo/

FirstMeridian Business services IPO Date, Price, GMP, Review, Company Profile, Financials, Risk, Allotment Details 2023

FirstMeridian Business Services IPO: FirstMeridian Business Services Ltd. (FBSL) is a leading Mumbai-based human resource (HR) and staffing company, operating in a booming Indian outsourcing market. They’re the third-largest in terms of revenue (FY21) and offer a wide range of services, including:

General staffing: Temporary and permanent staffing solutions for various industries.

Allied services: Payroll management, training and development, and compliance solutions.

Global technology solutions: IT staffing and recruitment services for MNCs and Indian companies.

Other HR services: Managed services, background verification, and HR consulting.

FirstMeridian Business services IPO Details:

The FBSL IPO was originally planned for May 2022 with an offer size of Rs. 800 crore. However, after reshaping the proposal, the company received SEBI approval in February 2023 for a slightly smaller IPO of Rs. 740 crore. Here’s the updated breakdown:

Issue Size: Rs. 740 crore

Components:

Fresh Issue: Rs. 50 crore

Offer for Sale (OFS): Rs. 690 crore (by promoters and investors)

Price Band: Rs. 277 – Rs. 291 per share

Dates (tentative):

Issue Open: Not yet announced

Issue Close: Not yet announced

Listing: Not yet announced

Also Read: How to Apply for an IPO?

#Allotment Details #Company Profile #Financial Performance #Financial risks #IPO #IPO date #Lead Managers #Lot Size #UPCOMING IPO #News

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wolfjackle-creates · 1 year

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Ghost!Robin Part 8

Look at you lucky ducks! Two WIP Wednesday excerpts today! I'm afraid you won't be able to get used to it. Going forward I may update each fic on alternating weeks. I have a busy few months coming up if everything goes to plan and could use the buffer in case I can't get much writing done. We'll see, though.

I'm going to start leaving a fic summary at the beginning of every excerpt in case people find this in the wild and want to know what they're getting into.

Summary: Danny is finally going to meet Jazz's boyfriend Jason. At Jason's family's mansion. He spent weeks making sure he could have an evening off of any Ghost King business. But when he meets Jason on the steps of the mansion, he can barely pay attention to the guy because his focus is on the ghost of the dead Robin hanging off his shoulders. Who is very happy to find someone who can actually see him.

Word Count: 1.4k

First, Previous

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“Right. Um… Well, I do just kinda do whatever is necessary or find someone who can. Because, um, well, I’m… kinda the High King of the Infinite Realms? There’s a bunch more titles after that but I refuse to memorize them because ugh.”

Danny looked down at his plate, not wanting to see everyone’s reactions. Jazz must’ve made sure he got a piece of pie because it sat in front of him. It looked so good. Did they even know about the Infinite Realms? Justice League Dark members did, but did Batman? Jazz reached over and took his hand, giving it a reassuring squeeze.

Tim and Barbara’s typing seemed to get faster. And then a pair of pixie boots and legs settled on the table next to his plate. He looked up and met Robin’s eyes.

Robin reached out an poked Danny on the nose. He gave a little trill of safe, friends drawing a smile out of Danny.

At the same time, Duke exclaimed, “That’s why you have a crown!”

And Steph said, “Okay, I may be out of the loop, but what the hell are the Infinite Realms?”

Damian snorted. “Aren’t you too young to be a king of anything?”

Danny half stood. “Look, do you want to go spar or something? Is that why you keep picking fights? Because we can do that. Fighting is good for young liminals. But I really don’t think this is the time or place.”

Jazz groaned and dragged him back into his seat. “Stop it, Danny. You’re on Earth right now.” Speaking over Danny’s protests, she explained to Damian, “We wish. Managed to get them to delay until he turned eighteen at least, but his grandfather wouldn’t let us wait any longer than that.”

Danny let the fight drop, but he did notice how Damian’s grip on his spoon tightened. Looked like they would be having that spar tonight if Damian had anything to say about it. Still, Jazz was right and he had to follow human customs on Earth so he bumped his sister’s shoulder and spoke to her instead. “You know as well as I do that he would’ve if it was possible. But thanks to Pariah, there are things that haven’t been done in a thousand years and it’s been causing so many problems.”

“Steph,” said Barbara. “The Infinite Realms are the spaces between universes according to Constantine. His documentation states that the Realm’s inhabitants are all incredibly overpowered and should not be approached under any circumstances. Just one being can evade all methods of capture with standard supplies.”

Jazz nodded. “And our parents dedicated their lives to building a portal to the Infinite Realms, or the Ghost Zone as they call it, and destroying all ghosts.”

“By ‘ghosts,’” asked Bruce, “Do you mean beings from these Infinite Realms?”

Jazz nodded. “Yes. Most beings from the Infinite Realms come into being when a living creature dies in a traumatic way, with a lot of emotion, or near a large source of ectoplasm. Usually some combination of all three.”

Both Tim and Bruce tried to ask further questions, but Jason’s voice cut in over theirs. “Jazz, when you say your parents wanted to ‘destroy all ghosts,’ did they stop after Danny’s accident?” Jason’s question did, at least, cause silence to fall as everyone stared at the two siblings.

Jazz looked down and gripped the tablecloth tightly, jaw clenched. Now it was Danny’s turn to lay a comforting hand over hers.

“No,” Danny said. “They didn’t. They didn’t know what happened for several years and when they found out… Well, there’s a reason I can’t use their last name and Jazz won’t call them ‘Mom’ or ‘Dad’ anymore. But”—Danny clapped his hands—“this is a great segway into what is actually important. Does the Justice League know about the Guys in White? More formally known as the Ghost Investigation Ward? Or even just GIW?”

“That name is unfamiliar to me,” said Bruce.

Tim agreed. “Babs and I aren’t seeing anything in the JL databases.”

Even Robin just shrugged.

Danny didn’t expect the jolt of pain that sent through his chest and Jazz turned their hands around until they were gripping each other’s hands with more force than any baseline human would’ve been able to.

“I told you, Danny. They didn’t know. They didn’t know.” Her eyes were wet, but she forced a shaky smile. “You could’ve had help.”

Danny just shook his head. “Even if I had believed they didn’t know… Without meeting them, without knowing how many of their own were in danger, I would’ve never trusted them. Too many people rely on me for me to risk it.”

“Care to enlighten the rest of us?” asked Dick. His posture was relaxed, but his voice had an edge that hadn’t been there earlier.

Robin nodded from where he sat staring at Danny. He sent out a questioning Danger? pulse at Danny.

“Yeah, danger,” agreed Danny. “Barbara, Tim, if I give you a law code number, can you pull up the law I’m referring to?”

“Of course,” agreed Barbara. “Just a moment… And shoot.”

Danny gave them the code for the Anti-Ecto Acts. “The Guys in White are the government agency responsible for enforcing the Anti-Ecto Acts which classify all ‘ectoplasmic entities’”—he made the air quotes—“as non-sentient and non-sapient and excludes us from the metahuman protection acts.”

“What the fuck!” shouted Duke.

Next to Danny, Dick suddenly was sitting up tense. “That’s impossible.”

“The league would’ve noticed such an act being passed,” said Damian, though he didn’t look as sure as his words would seem.

Cass merely tilted her head and looked at him while Steph choked on her drink.

Bruce looked to Tim and Barbara. “Is this true?” he asked them.

Robin pointed to himself and mouthed the word ‘Me?’ at Danny.

“I’m afraid so. And Bruce, Cass, Steph, and Damian as well.”

Dick’s spluttering got louder. “How are they all in danger?” he demanded to know.

Before Danny could reply, Tim was speaking. “It’s all true. And far worse than Danny implied. Not only are ecto-entities not protected by the metahuman protection laws, but they are to be actively hunted and turned over to the GIW for experimentation and extermination and anyone who assists them is declared guilty of treason.”

“When did they pass?” asked Bruce.

“Four years ago,” said Barbara. “While Luthor was president. They were hidden in some laws about green energy.”

“Ghost are made of ectoplasm,” explained Jazz. “Ectoplasm is a fantastic energy source.”

“It happened a few months after I defeated the previous king but before my coronation,” added Danny.

“Why do you think myself, Damian, Cass, Stephanie, and Jason will be targeted by this Ghost Investigation Ward?”

“It’ll be easier to show you.” Danny reached down and pulled up his bag. The thing was made in Pandora’s realm and was bigger on the inside. Once open, it took him a moment to find what he was looking for. He could see Robin signing to the group next to him. “Here we are,” Danny said as he pulled out three devices. “These are all different ectoplasm detection devices. One is my own design, one is the Guys in White’s design, and one is my parent’s design. I’ll show you mine first because it’s the best.”

“Might be a dumb question,” started Dick, “but what the hell is ectoplasm?”

“So you know how all the elements in this universe came about from nuclear fusion of hydrogen in the cores of stars?” asked Danny. When most everyone nodded, he continued, “In the Infinite Realms, that base element is ectoplasm. But there’s no need for a star to transform it into anything else. It will mold to the shape any consciousness that interacts with it wants. When sentient creatures slip through, either by a portal or through death or any other means, they shape the part of the Realm they’re in to their will. The stronger the ghost, the larger the area they control.” Holding out his hands, Danny called forth a ball of ectoplasm, shaping it into a glowing-green ice duck. “Something like this,” he commented grinning around the table.

Only to be met with horrified looks as most of the table were staring at his hands with distrust. Damian had his knife out again. Jason, his gun with the other arm held protectively in front of Jazz. Bruce was standing and Cass tense.

“What’s wrong?” asked Danny. “It’s just an ice duck sculpture. Completely harmless.”

Jason’s voice was low and threatening. “It’s an ice duck made of Lazarus water.”

More alarming than his voice was the way his eyes glowed ecto-green and the fear-anger that filled the room.

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Challenge: Stay on one topic for more than two sentences.

Outcome: Failed.

They keep getting side tracked with more questions. And Danny still hasn't had a bite of his pie. This evening will never be over.

Tag List Part 1

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#dpxdc #danny fenton #jazz fenton #jason todd #Ghost!Robin #anger management #my writing #every sentence out of danny's or jazz's mouths leads to more questions #they will never be able to get through them all #but more importantly!#will danny ever get to eat his pie?#even he's forgotten about it #and its sitting right in front of him #but so is a ghost so...

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