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PTRO Pelatro Plc

1.02
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Pelatro Investors - PTRO

Pelatro Investors - PTRO

Share Name Share Symbol Market Stock Type
Pelatro Plc PTRO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.02 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.02 1.02
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 07/11/2023 19:31 by kumbuka
A way of stuffing investors and you seem to be around a lot of those stupid mudbath. Still RAMPING TERN ?
Posted at 07/11/2023 18:55 by kumbuka
Any investor with money to invest should keep well away if stupid mudbath is RAMPING it.
Posted at 29/9/2023 17:51 by mudbath
Any investor who is following PTRO off the AIM market can take heart from the very professional way that the Company web site has been updated today in order to reflect its revised corporate status.
Posted at 19/8/2023 18:18 by wilske
I would have expected the new investors to have insisted on some management changes. They need a new CFO and a COO as the banana skins of the last 9 months have been entirely self inflicted. I rate Subash (you dont build a 100m business like he did before if you are a numpty) but I suspect he is off doing the sales pitches to new customers and is leaving the operations to the CFO and the COO. Still at least the business has a chance now and Subash himself has been diluted so feels our pain. i will write again toe the Chairman and ask for serious management changes in the light of the serial disasters
Posted at 19/7/2023 12:46 by theoldcodger
@Casholaa

I’m not usually slow to pull the trigger if I lose faith in the management like I did here some time ago, but in this case, I thought the business might just have enough going for it to succeed in spite of that weakness – I really should have known better.

Now any fundraising will most likely just about wipe out small shareholders, so even if it’s accompanied by a clean sweep of the management (which it really should be) and then followed by a turnaround of the business, private investors are unlikely to reap much/amy of a reward.

Regards
TOC
Posted at 02/6/2023 01:42 by cordwainer
Not many companies’ finals are met with this silent deadness. Reflects the investor relations scorecard I suppose.
Posted at 21/5/2023 15:14 by wilske
Dear All

I have finally got a response from Harry Berry (non-exec Chairman) and he says results/trading statement will be out in a few weeks and audit is in progress. I told him the total silence since Jan is unacceptable from investor relations perspective and that it destroys management credibility and asked that they at least put out a notice of results asap to provide some degree of reassurance. I believe these results will be pretty awful and they will take the chance to throw everything in these results to clear the decks for a better 2023.They should be keeping a tight grip on costs right now to preserve cash so that they dont need to raise any money. Ive also contacted the CFO and CEO but i dont expect them to answer. Will share any more responses I get. Fundamentally there is nice business here but they need to keep costs down (reduce R&D spend if necessary and that means reducing headcount) chase down trade receivable's and nail on some more contracts to put the business on a a stronger financial foundation. If they can do that they should be able tor trade their way out of this position and get back on track.
Posted at 15/9/2022 16:44 by gleach23
Good to see some decent buying ahead of the interims expected towards the end of the month. Chart beginning to look promising too imo.

My only gripe with the company is that they don't answer investor emails. Emailing investor relations is something I do only occasionally but PTRO is the only company I can remember that doesn't respond.


Edit - and to top things off for the day, a 110k buy @ 24.4p reported after the close. Hopefully that sets things up well for a strong run up to results.
Posted at 01/6/2022 14:10 by rivaldo
Just caught up with the Investor Meet presentation.

Good summary by gleach23 above. Also interesting to hear that PTRO expect to gain 5 or 6 new telco customers this year (against the 3 last year) and are already in the contracting stage with 3 of them. I assume this week's announcement is the first of those.
Posted at 08/12/2021 15:56 by bookbroker
A company that the market has a distrust off, offshore and out of touch with investors!

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