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PEN Pennant International Group Plc

29.70
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pennant International Group Plc LSE:PEN London Ordinary Share GB0002570660 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 29.70 29.00 30.40 29.70 29.70 29.70 51,765 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 13.69M -901k -0.0244 -12.17 10.95M
Pennant International Group Plc is listed in the Engineering Services sector of the London Stock Exchange with ticker PEN. The last closing price for Pennant was 29.70p. Over the last year, Pennant shares have traded in a share price range of 25.50p to 41.00p.

Pennant currently has 36,882,438 shares in issue. The market capitalisation of Pennant is £10.95 million. Pennant has a price to earnings ratio (PE ratio) of -12.17.

Pennant Share Discussion Threads

Showing 2151 to 2174 of 2950 messages
Chat Pages: Latest  94  93  92  91  90  89  88  87  86  85  84  83  Older
DateSubjectAuthorDiscuss
19/1/2014
17:41
Absolutely! On balance, I am optimistic as the business has good forward momentum, but time will tell.
topvest
19/1/2014
16:49
topvest
.....or not.

varies
19/1/2014
15:37
Only 1-2 months until we get into the time of year when Pennant has HISTORICALLY one most of its new contracts. Much potential for a re-rating on positive results and / or new contract wins.
topvest
19/1/2014
11:23
Hi Mr Angry
What do you think is going on?
Can't see anything dramatic happening.
Results due mid March.
Can't see they won't be as expected with EPS about 7P and final divi 1.85P if the same increase as interim.
Would look good value with about 11/12 times P/E and yield of 4% with maybe an increase next year to about 5%.
DYOR
GAN

ganthorpe
15/1/2014
11:32
Hello, whats going on here today then
mr angry
04/1/2014
12:25
Yes, agreed. My target price is £1+ and I am hopeful that it may get to that after the 2013 results and some upgrades for 2014.
topvest
04/1/2014
10:24
topvest, the share price is also underpinned by the dividend yield which stands at 3.1% - meaty for a small cap growth share. The PE is very undemanding at around 11, and I think analyst forecasts for 2014 are conservative rather than stretched, so plenty of room for a re-rating imo. It is a relatively thinly traded stock though so you have to accept some volatility. That also means that signals from technical analysis should be taken with a big pinch of salt.
dasv
03/1/2014
20:32
You also have to remember that 2013 EPS forecasts have already been upgraded from 5p to 6.5p, so anything less than about the current price looks reasonably well under-pinned. If they can demonstrate that this growth will continue a re-rating is likely which could see the P/E push up to the 15's and more.
topvest
03/1/2014
20:26
I think it's a pause for breath. The order book is at very healthy levels as per the interim's. They only announce material contracts which are required to be announced. Indeed, I believe they probably already have more than enough work and so some contract wins in H1 of 2014 is probably optimal from a workload perspective rather than having even more big contracts to manage start-up on. Could be wrong, but I think 2013 and 2014 are looking very good. Obviously some more contract wins would help the share price, but patience is normally rewarded here. If you look back historically, the vast majority of contract awards are in the months Feb-May. I suspect quite a few are tied-to a March year end process.
topvest
03/1/2014
20:16
With No news of any significant contract wins in past six mths, growth has slowed or reversed, chart suggests downward tack to around 50p.
big7ime
03/1/2014
14:54
Could also be following/ bouncing off the 200 MDA?

Happy to hold as nothing has fundamentally changed. No doudt will look back in March and ask myself why I did not add in the beginning of January!!!!

pj 1
03/1/2014
14:28
Big7time - I don't see key support broken at all - isn't it just bumbling along in a range bound channel formed since October?
dasv
03/1/2014
11:47
I agree, but with record results coming and hopefully an even better forward outlook I think it's just pausing for breath. A few holders are no doubt taking a profit. Still very cheap on fundamentals and therefore selling doesn't appear very attractive if you can't buy something that is better value. Personally, I'm hoping for some more contract wins by the end of March / early April which appears to be the main contract renewal point historically.
topvest
03/1/2014
10:29
Big7time
This is a very thin market and someone's need or desire to sell a few shares can have a sharp effect, as can a small purchase. I doubt if today's fall means anything but am ready to eat humble pie if the price continues lower..

varies
03/1/2014
09:58
Broken key support Chart points to a downward trend forming
big7ime
03/12/2013
23:20
It's noticeable that the 1,338,552 trade was at mid price - suggests either some sort of transfer between different ways of holding it (so not really a 'trade' at all, even if put through as one) or a large negotiated trade in which the buyer was just about as keen to buy as Downing was to sell... Either way, I wouldn't expect much effect on stock availability or price.

Gengulphus

gengulphus
03/12/2013
16:46
A 1,338,522 trade went through near the end.

The holding RNS on 11 July 2013 had David James Seal holding (reducing down to) 1,300,000 shares. An educated guess says that could now be him selling out completely (and if there has been a large seller in the background since July, then that could partly explain why the share price didn't kick-on after the results).

Edit2 - Good shout on Downing LLP libertine (below). Didn't have access to the major holders list earlier so took a best guess based on recent RNS. Downing LLP are a perfect match though so it's them for sure, but RNS will confirm soon enough.

A quick search also has today's volume as the highest since 6+7 September 2010.

(Edit - Could be time for another top-up tomorrow I think).

calahan
15/11/2013
14:45
Well called

Only L2 has now reversed lol :-//

pj 1
15/11/2013
10:54
Lets hope so madmix. Languished below 80p for too long now (was personally surprised to see sub 80p again).

Only 1 MM left on 80p now (2x81 2x82), there were 3 at 80p at the start of the day. So could be ticking up again shortly.

calahan
14/11/2013
14:45
Overhang cleared?
madmix
22/10/2013
11:43
Thanks for sharing that owenski. Have been adding too. Long order book visibility is good. A company like BAE have to plan ahead and get reliable supplier contracts in place so they can concentrate on the bigger picture. Of course no quoted investment is without the risk of unexpected shocks but if anything I would expect further good contract news rather than bad news. I like the idea of Pennant buying back the shares of directors needing some cash.
skyracer
22/10/2013
10:24
topped up as well at 73p. need some newsflow to get it going again.
macdoni
22/10/2013
08:52
Had a phone call returned from a company rep. this morning

FD share sell was to raise cash for personal reasons, still holds well over a million and intends to hold, no other directors are selling.

Seems like a good buy point to me.

Impressed that they returned my call, guy was polite and helpful.

owenski
22/10/2013
08:27
And me! Managed a buy at 73p...
stevemarkus
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