Pebble Beach Systems Share Discussion Threads

[gdjs100] 06/12/2023 23:26

Sorry 5.8.

[gdjs100] 06/12/2023 23:25

PAT of 1.9m forecast next year, with debt down to 3.1m (so an EV of 11.0m). That puts them on a debt-adjusted forward PE of 5.5.

[p1nkfish] 06/12/2023 23:24

Don't take part then, each to their own.

[smithie6] 06/12/2023 22:16

..is it nuts ?

£8m mkt price + £5m net debt
= £13m EV

While 'phps' reducing debt at £1m/year.

Doesn't look cheap to me.

[gdjs100] 22/11/2023 17:12

I would hope it's a good sight higher than that. The current price is nuts. Just extreme illiquidity in a nanocap and not representative of the value of the business at all.

[p1nkfish] 22/11/2023 15:08

Someone writing off for tax perhaps. Would have no surprise to wake up one morning to find a cheeky bid has been made but won't be below 10p imho.

GLA.

[jim208] 22/11/2023 14:11

There seems a persistent seller in the market currently, with most buys followed reasonably quickly by a sell. As you say, it provides a nice chance for top-ups at low prices.

[p1nkfish] 22/11/2023 13:45

Well it is very beaten up and unloved. Have been adding a few here and there too.
Patience.

[jim208] 02/11/2023 12:12

I agree that there is a lot of remarkable value around, but I have been adding over recent weeks in multiple modest volumes. There seems to be sufficient selling to mop-up at a fairly consistent price given patience and discipline.I did wonder if they might provide a Q3 updates (not done historically) but suspect that ship has sailed now!Happy tucking a few more away at these prices!

[arthur_lame_stocks] 02/11/2023 10:42

I don't think these have been this cheap since the COVID crash. I'd like to get some more but there's lots of other stocks I think are excellent value too.

[p1nkfish] 29/9/2023 09:57

Yes, see it now.
Patience needed.
Interesting 6-18 months ahead. Have to ask what happens when sellers are cleared.

[brigitta31] 29/9/2023 09:29

There were also 10x buys of 50,000 shares during August (500,000 shares)in some more stake building I suspect but this far over the last few weeks there have also been 13 sell trades of 40,000 shares, so a bit of changing hands going on it seems.

[p1nkfish] 29/9/2023 08:11

Let's hope so, can see it now. Looks like a regular £2K minus trading costs and at varying prices. Trying to avoid knocking the price up?

Could do with more of the same as daily value is paltry.

[brigitta31] 29/9/2023 01:48

Between late August and today there have been 17 examples of buys amounting to either £1990 or £1988. There seems to be enough of a similarity to draw the conclusion that they are all the same buyer

[p1nkfish] 28/9/2023 22:27

Can't say I've noticed much of a pattern.
This PM looks like 49.76K followed by 50K and 10K followed by 10K.
Not sure if any were buys or if it could have been buy-sell or sell-buy or sell-sell.

It's all noise.

£11.5K (approx) traded today in a £8.76M market cap stock and its down 5.5% approx on the day. All it says to me is no buying interest.

[arthur_lame_stocks] 28/9/2023 16:59

I'm no expert at reading trades but it looks to me like someone is accumulating in the market. All the sales of 40 and 50k seem to be followed soon after by a buy of the same amount.

[p1nkfish] 28/9/2023 16:40

No way to know but many drooping over the last few sessions. PEB is not alone.

[arthur_lame_stocks] 28/9/2023 16:06

There seems to be some consistent selling. I can't see it being Kestrel, hopefully no profit warning is coming.

[p1nkfish] 19/9/2023 10:14

Suspect IBC 2023 has gone well.

There is competition on the FAST area so a need to move quickly but big enough future market for multiple to make good $.

[p1nkfish] 17/9/2023 20:53

Pebble working to make waves at IBC 2023 with Virtual AI with product and services for FAST - free ad-supported streaming TV. It is a new area that will grow rapidly. Looking to offer capabilities in the live element too.

[p1nkfish] 04/9/2023 19:44

IBC 2023 is Sept 15th-18th.
A chance the price will show a turn by then.
Ideall needs a weekly close above 8.43 on better than average weekly volume - a stretch?

[p1nkfish] 02/9/2023 20:28

I see them having potential for an upgrade end of H2 or into 2024 depending on what business they capture due to competition pulling out of some product areas.

There's something going on with the launch of 2.0, AWS Partner Network imho.
Worse case is steady as she goes chipping away at the debt with 20p Finncap target.

IBC2023 is a key event.

[gleach23] 02/9/2023 20:09

Thanks jim208...any buying should prompt a response in the share price as there has been very few shares available to buy in recent days. Surely a return to 10p should not be out of the question for starters given the optimistic outlook for the patient holder.

[jim208] 02/9/2023 18:34

I see PEB is tipped today in Hot Stock Rockets in rather a lukewarm BUY tip, which concludes, “ we continue to consider there is a value recovery investment case here as a PE, on a standard tax charge, of not a lot more than 6 is hardly demanding.… BUY” Perhaps this will trigger a few buys in the upcoming days…

[p1nkfish] 31/8/2023 13:08

5x 3 month average volume so far today at 1pm.
What gives?