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Share Name | Share Symbol | Market | Stock Type |
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Pebble Beach Systems Group Plc | PEB | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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10.15 | 10.15 | 10.15 | 10.15 |
Industry Sector |
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TECHNOLOGY HARDWARE & EQUIPMENT |
Top Posts |
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Posted at 02/8/2024 15:08 by red ninja AJ Bell has article about market sell off today. I am thinking general market negativity and some tech sell off ain't helping PEB :-US recession fears trigger global market sell-off, Japanese stocks among the biggest losers and British Airways owner International Consolidated Airlines brings back dividends “So much for the big equity rally when interest rate cuts take centre stage,” says Russ Mould, Investment Director at AJ Bell. “Investors thought rates cuts – which have just happened in the UK and looked poised to take place next month in the US – would energise stock markets. The opposite has happened with a bad day on Thursday and weakness extending into Friday, meaning August is so far off to a bad start. “Weak economic data from the US spooked the market and reminded investors there are negative reasons why central banks might cut rates, not simply lowering the cost of borrowing because the rate of inflation is easing. “An economy going through a bad patch is one catalyst for a central bank to cut rates and hopefully stimulate activity. This thought process is likely to be at the top of the agenda for the Fed this week after shocking US economic data that featured bigger than expected jobless claims and contraction in manufacturing. The narrative has changed from rate cuts equating to good news to rate cuts meaning measures to avoid recession. “Investors have been on the edge of their seats in recent weeks, taking profits in some of the previously strongest areas of the market like tech and redeploying the proceeds into value stocks that offer slower growth but at a much cheaper price. Wednesday’s rebound in the tech sector looks to have been a false dawn as the big names have reversed once again. “Nvidia had a terrible session on Thursday and has fallen further in pre-market trading on Friday. Amazon did the same, depressed by a negative market reaction to its latest results. Even Apple beating earnings forecasts for the sixth quarter in a row wasn’t enough to drive a big wave of buyers in its stock, with the shares treading water in after-hours trading following its latest results. This implies growing nervousness among investors and a drop in risk appetite. “The prospect of the US experiencing an economic slump has far-reaching consequences, which is why stock markets were weak around the world on Friday. This included an approximate 6% slump in Japan’s Nikkei 225 and Topix indices. Financials, basic materials and industrials were among the worst hit sectors in Japan. “This is a significant reversal of fortunes for the country which had, up until recently, been one of the strongest performing markets this year. “The list of worry points for the market is growing. On top of geopolitical tensions between the West and China, ongoing Middle East violence and the US presidential election, we’ve now got recession fears and that will stoke debate over whether the Fed has acted too late with cutting interest rates.” International Consolidated Airlines (British Airways) “Against a backdrop of airlines slashing prices to fill planes and negative investor sentiment towards the sector, International Consolidated Airlines has issued a remarkably upbeat set of results. “Strong travel demand over the past few years has enabled the airline to pay down debt and get its finances in order after a traumatic pandemic. The balance sheet is now deemed strong enough to warrant recommencing dividends, something that investors will welcome with open arms. “Paying dividends also signals a big step forward for the company and effectively draws a line under previous fears about its financial strength. In essence, recommencing the dividend means the narrative can shift to how the business is growing, not simply how it is repairing previous damage. “Walking away from a proposed takeover of Air Europa also shows the company has discipline and isn’t prepared to spend a long time fighting antitrust regulators to get the deal over the line. Management has clearly decided its time is better spent elsewhere and to just move on. Investors often like companies that take decisive action. “While the likes of Jet2 and EasyJet are heavily dependent on people flying off for their summer holidays, International Consolidated Airlines has a much wider range of customers as it has a mixture of short and long-haul destinations. That broadens its opportunities to make money. “Like many of its rivals, International Consolidated Airlines is upgrading its fleet to have more energy and cost-efficient aircraft and greater overall capacity. Being more efficient on the ground is also of paramount importance, with a lot of work going into better operating systems and processes.” |
Posted at 06/6/2024 12:33 by p1nkfish TVS - on stand at Asia Broadcast with Peb people. Doing a selling job to them by looks of it. |
Posted at 06/6/2024 09:44 by fillipe PEB currently coming on very nicely.f |
Posted at 30/3/2024 14:11 by jim208 Not sure on the size of the following, but "Hot Stock Rockets" have given it the thumbs up again in recent days concluding,"With an improving balance sheet, valuation focus should soon shift to earnings and we consider that a barely double digit earnings multiple would comfortably command a 16p+ share price. As such, currently still a Buy."Last time they tipped PEB there was a small uptick in buys immediately afterwards... |
Posted at 26/3/2024 13:23 by p1nkfish No PEB stock available imho and expecting the dam will break some time.Low market cap not helping even if worth 3x current valuation. I'm probably wrong but the MMs have been caught without any shares. NO LIQUIDITY. # of trades and volume is pathetic for a company going through a transition, more than able to carry the net debt, high and growing margins and major product launch due that will see the complexion change massively. A totally ignored and unloved company. Great to buy into if hadn't already as these type of situations don't happen very often imho. Did the same in IQGEO at a very low price. Not only that but the management appear quite measured and capable and know their market very well. Not head bangers. |
Posted at 19/3/2024 11:06 by jim208 Expecting inbound results next Tuesday 26th for PEB, should make for an interesting update... |
Posted at 19/3/2024 07:34 by p1nkfish ham, did you post on the PEB board as a consequence of PEBB results, by accident? |
Posted at 13/1/2024 17:34 by jim208 Who would buy PEB in your view (s/b)? |
Posted at 13/1/2024 17:33 by jim208 Who would PEB in your view though? |
Posted at 24/8/2023 15:50 by p1nkfish A healthy share register matters. 5630 shareholders is legacy baggage for such a micro/nano-cap that could be easily more than halved at relatively low cost via an offer of cash and cover of costs then cancel them down. For anyone holding 1000 or less.A little higher, around £500K currently, could take the register down to about 470 holders and clear-out 90%. I've had this conversation elsewhere in the past with the argument being the cost of servicing those holders is minimis as distribution is digital. However, that can change when it comes down to distribution of future dividends. There is a distribution value (div/share) below which it can matter. Clearing out runt shareholders at some point is worth thinking about if PEB is to remain independent. I like to see an analysis of shareholders so I have a better feel for who I am in bed with outside of the 3%'ers. How many others. Personally, I don't consider this a healthy share register - just my opinion. |
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