Petards Share Discussion Threads

[tiltonboy] 26/11/2015 16:33

A couple of decent-sized trades yesterday, and also a little bit of activity today, so nice to see a quick rebound.

[tiltonboy] 28/10/2015 17:26

When they announced the big contract on 13th November 2013. They peaked intra-day at 26p. Highest I sold at was 25p.

[ursus] 28/10/2015 16:48

when was the 22.75, tilton? i missed that!

[tiltonboy] 28/10/2015 15:50

The inevitable sellers have just woken up, and obviously shocked by the price!

[tiltonboy] 28/10/2015 11:13

Would be nice if they could re-visit that intra-day spike, where I sold at 22.75p. Shame I didn't sell them all at that price!

[rivaldo] 28/10/2015 11:06

Yep. Nice buying today at the full 14.25p offer.

One push and PEG will be at almost 2-year highs.

[tiltonboy] 28/10/2015 10:19

A delayed reaction to Zak Mir yesterday...or something else!

[tiltonboy] 27/10/2015 09:01

Hopefully his followers will buy a few!

[rivaldo] 27/10/2015 08:56

For those who follow these things, Zak Mir sees a 25p target with a Golden Cross etc:

http ://www.shareprophets.com/views/16035/zak-mir-s-bull-call-of-the-day-no2-petards-golden-cross-targets-25p

[effortless cool] 23/10/2015 18:59

Good stuff - they obviously read my header!

[tiltonboy] 23/10/2015 15:01

Excellent news. It will be interesting to see when they intend to pay a dividend and at what level.

It also sounds (reading between the lines) as if they are looking at potential acquisitions.

[rivaldo] 23/10/2015 13:23

Encouraging RNS just out, not only in respect of the confidence in rearranging the Balance Sheet to allow the payment of dividends, but also in the narrative, including:



"Over the past two years the Group has made good progress. Revenues for the year ended 31 December 2014 more than doubled to £13.5 million on which the Group made a profit after tax of £620,000. The Group's interim results for the six months ended 30 June 2015 showed a similarly strong performance generating profits after tax of £356,000, up 30 per cent. on those achieved in the same period in 2014. Operational cash generation over such six month period was £558,000 and resulted in cash at bank at 30 June 2015 of £2.0 million. Consolidated net assets as at 30 June 2015 grew to £2.8 million.

The Board believes that the Company operates in growth areas and that it has the products and services plus available technical and technological skills to develop new products as well as the sales and marketing abilities to become a larger and more successful operator in each of the sectors in which it operates. The Group's relationships with its predominantly international 'blue chip' and government agency customer base and their strength, often global, in the sectors which the Company serves gives rise to the opportunity to develop the Company's business through the provision of good quality professional service in support of its existing and future product ranges.

Investment in new rail transport rolling stock has continued to benefit from government initiatives around the world and a number of independent studies suggest that this is unlikely to change in the foreseeable future. The Directors are confident that UK rail operating franchise renewals over the coming years will result in new opportunities for the Company's products and services. The Company's position as a long established 'value added' re-seller within the UK defence industry is expected to continue to provide a platform to develop this area of the Group's business. Further, the Board believes that with additional management attention and resources being devoted to it, the Emergency Services has the potential to make a larger contribution to Group revenues and profits.

It is these business strengths and confidence for the future which have led the Board to recommend that the building blocks to create distributable reserves be put in place.

etc"

[rivaldo] 13/10/2015 07:35

WH Ireland reiterate their Buy and 18p target:

[rivaldo] 12/10/2015 07:06

RNS - new £1m+ contract for this £5m m/cap company, which underpins next year's 1.66p EPS forecasts and presumably exemplifies Bombardier's confidence in their products:



"Contract award worth in excess of £1 million

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded a further contract to supply Bombardier Transportation ("Bombardier") with Petards' eyeTrain systems.

The new contract, which is worth in excess of £1 million, is for the supply of eyeTrain saloon and Driver Only Operation (DOO) systems which will be fitted to new four-car Electrostar Electrical Multiple Unit (EMU) trains to be built by Bombardier. Petards' deliveries are anticipated to commence during 2016 and to be substantially completed by the end of that year.

Commenting, Petards Chairman Raschid Abdullah said;

"We are delighted that Petards' eyeTrain systems continue to be the system of choice for fitment to Bombardier's Electrostar trains. This order adds to the hundreds of Electrostar vehicles for which eyeTrain systems have previously been specified and further bolsters the Group's present order book for delivery in 2016.""

[tiltonboy] 25/9/2015 11:21

Despite absorbing a bit of stock in the last few days, the market is still well bid.

[tiltonboy] 25/9/2015 11:04

riv,

Not blaming PEG at all. Chelverton have been holding back from buying more.

[rivaldo] 25/9/2015 11:00

:o))

That's Chelverton's fault, not PEGs of course since PEG weren't notified. Institutions do this so regularly I sometimes wonder if they have an agenda - perhaps Chelverton have been buying more since they bought on 17th August without the market being aware that they'd already crossed above 4%...

[tiltonboy] 25/9/2015 10:15

It took them over a month to announce the last purchase!

[rivaldo] 25/9/2015 10:00

RNS - Chelverton Growth Trust have bought another 300,000 shares and now have 1.5m shares, or 4.32%:



It's noteworthy imo that this £5.2m m/cap company now has Downing and Chelverton both increasing their holdings and now owning almost 15% between them.

[rivaldo] 17/9/2015 11:22

Nice 180k buy at 12.82p reversed the early fall. Come on PEG :o))

[rivaldo] 15/9/2015 18:30

The 25k at 13p reported at 16.25 was probably a buy from earlier on too.

Looking good chart-wise.

[cheshire man] 15/9/2015 16:30

Would be good to break 14p end of week ! just need a bit more volume

[tiltonboy] 15/9/2015 16:03

Approaching the 12 month high, and the supply of stock appears to be dwindling. A good announcement from here might propel us clear of the two year trading range.

[rivaldo] 15/9/2015 15:59

A 15k buy at 13p seems to have had a decent effect :o))