PTRO

Pelatro Plc

7.75
0.00 (0.0%)
Share Name Share Symbol Market Stock Type
Pelatro Plc PTRO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.0% 7.75 08:00:00
Open Price Low Price High Price Close Price Previous Close
7.75 7.75 7.75 7.75 7.75
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Pelatro PTRO Dividends History

No dividends issued between 07 Jun 2013 and 07 Jun 2023

Top Dividend Posts

Top Posts
Posted at 18/5/2023 21:17 by gleach23
All gone a bit tumbleweed with PTRO. Finals used to be out in April then last year there was an RNS on 10th May to explain the results were delayed to later in May due to the auditors needing more time. Now it appears to be the norm...
Posted at 19/4/2023 09:37 by gleach23
Yes noticed that rivaldo...can't get a quote for buying 5k shares currently.

Still have my holding and had a speculative nibble at just under 5p a couple of months ago but the words rabbit and hat keep springing to mind whenever I think of PTRO.

Posted at 13/1/2023 09:53 by rivaldo
Well, this has been a disaster. I posted before that PTRO were prone to banana skins, but this is ridiculous! Things seemed to be looking up...I understand the general economic climate isn't exactly supportive, but other telco software-type companies seem to be doing OK. PTRO are still pretty small, so any contract delays/problems tend to be big problems as regards the year end numbers given the relatively small client base.

Having invested here largely on the basis of the CEO's highly successful track record I'm extremely disappointed at the number of mis-steps.

Nevertheless, two of the three issues in the latest update are in essence just pushing out of numbers from 2022 into 2023 and beyond, and the $0.3m provision is the first of its type and not hugely material.

With a £2.95m m/cap now, and per Dowgate Capital $1m net cash rising to $1.5m this year, plus $7.5m revised forecast revenues this year which are largely recurring, for an optimist it's possible to see good upside from here, even if sentiment will likely remain extremely negative for some time to come!

With the results not out (presumably) until May I'd have thought the directors should be free to buy in the market now that the trading update is out? It would be helpful if they were to show some commitment in this respect.....

Posted at 01/12/2022 08:53 by rivaldo
That's a poor update to say the least, though perhaps mitigated given the current global economic climate. OK, PTRO have been hard hit by the stronger dollar, but shouldn't they have had hedging in place given their exposure? At least the change request pushback to next year is only a postponement and presumably down to market conditions.

The m/cap at 13.75p is only £6.2m now, but Dowgate's new forecast this morning is for a small $0.2m LBT for this year, with $2.9m adjusted EBITDA.

Next year sees a $0.6m PBT with $3.8m EBITDA.

PTRO also have $2.6m net cash, rising to $3m next year, plus that $6m or so annual recurring income.

I'm tempted to believe PTRO are extremely cheap at these levels (I suspect the fall is overdone and was triggered by a 390,000 sell at 16p on the bell today). Especially as management have done it and succeeded previously. But the company does have a habit of regular banana skins and not quite delivering when required.

Dowgate somewhat optimistically retain their Buy and 65p price target.....

Posted at 23/9/2022 10:14 by sphere25
ST tips it and you get two buys here with over two hours gone into the trading day. Not alot going on over at VLG as well as alot of the others that have been tipped of late.

Remember the time people were falling over themselves to buy those tips and you could piggyback the momentum for quick trades?

What a stark contrast.

You'd wake up and be sat like an athlete on the blocks, ready to get in quick trying to beat most. The aim being clearly to maximise profits, but to also get in sharpish before the market makers closed off the marked up offer on the opening price point (and the next price points) before you got in and the price ran away.

What a stark contrast.

The market makers must wake up nowadays (well if they don't have a lie in), brew some coffee, read the papers, brew some more coffee, have a nap because the coffee wasn't brewed well enough, perhaps brew some more coffee...

What a stark contrast.

The interesting thing is that it is definitely a sign of sentiment here in the UK, showing that there has been at least some form of major washout, even if the overall bottom isn't in. I guess there are notable and educating observations to be made when we look around the market.

As for PTRO, it actually looks like they are going to hit their numbers on at least the next couple of trading updates and maybe beyond, but it doesn't strike you that those roaring bullish spirits will be coming around for a while yet.

Nobody wants to be that grim guy, but as they say...

We are where we are.

All imo
DYOR

Posted at 22/9/2022 07:45 by rivaldo
Today's H1 numbers are pretty decent for a £10.7m m/cap company, with $1.87m EBITDA and a very small profit.

But it seems evident to me that PTRO have now been turned around and are on an upwards path.

Recurring revenues are at almost 60%, new customers are being won, the company are entering new sectors like financial services, and the AI/tech is being monetised in new ways.

This year's revenues are almost in the bag, and $6m of next year's revenues are already visible.

Things are looking up.

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 13/9/2022 08:20 by gleach23
PTRO remains totally overlooked for me. Happy to extend patience here and to see these incremental wins in the meantime.
Posted at 13/9/2022 07:31 by rivaldo
Another $600,000 of change request income reported today.

2022 revenue visibility is now up to $8.5m, so with forecasts at $9m for the year and 3.5 months still to go, there must be a good possibility that forecasts will be at least met and potentially beaten:

Https://uk.advfn.com/stock-market/london/pelatro-PTRO/share-news/Pelatro-PLC-Contract-Wins/89043759

"Commenting on this win, Subash Menon, Managing Director and CEO said, "We are continuing to experience significant momentum in our business and are confident of generating further growth in the foreseeable future."

Posted at 10/8/2022 08:09 by rivaldo
Excellent $1m contract win (over 3 years), importantly with a new telco group customer and in a new market (the Middle East), for this £10m microcap.

And it sounds like there's potentially a lot more to come from this customer:

Https://uk.advfn.com/stock-market/london/pelatro-PTRO/share-news/Pelatro-PLC-Contract-Win/88799412

"Contract Win

Pelatro Plc (AIM: PTRO), the enterprise Customer Engagement Hub software specialist, is pleased to announce that it has been selected by a Middle East telco (part of a wider international group) to provide its mViva Campaign Management and Loyalty Management Solutions. The initial value of the license contract is around $1 million (payable over 3 years). With this win, revenue visibility for 2022 stands at around $8 million.

Subash Menon, Managing Director and CEO commented, " This win marks the entry of Pelatro into a new telco group with operations in multiple countries. We are confident of leveraging this win to expand within this group in the coming years. Further, this is the first win for us in the Middle East and will help us spread in that lucrative market."

Your Recent History
LSE
PTRO
Pelatro
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com

V: D: 20230607 21:58:21