Share Name Share Symbol Market Type Share ISIN Share Description
Pelatro LSE:PTRO London Ordinary Share GB00BYXH8F66 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.50p +0.67% 75.50p 73.00p 78.00p 76.75p 75.00p 75.00p 157,727 14:00:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 3.1 1.1 4.8 15.7 18.36

Pelatro Share Discussion Threads

Showing 26 to 50 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
16/8/2018
16:13
I remember FDP. A derivative share. I bought in at £1.80 and sold out at £4 in 2010. Now it's £42 and ouch.
petewy
16/8/2018
14:47
Forecasts are for 8.5c EPS this year, rising to 15.4c EPS next year. As I said before....Finncap currently forecast $2.9m forecast PBT this year rising to $6m PBT next year after the Danateq acquisition. This compares to only $0.6m forecast capitalised development expenditure in H1, so as the company grows this looks fine. And PTRO are forecast to have a $2.3m cash pile at this year end, so there's plenty of headroom. Judging from the tone of recent RNS's there may be further contract wins to supplement that. I personally like quality companies with low free floats and large management shareholdings, which should ensure the right priorities. One of my better investments - FDP - only had a 15% free float initially from memory and is now a 67 bagger and held by all manner of top-quality funds despite the free float still being low.
rivaldo
16/8/2018
09:00
Had a good look at this share and it generally has potential. Some areas to watch out in particular ( not necessarily red flags) - huge growth in revenues is not being translated into cash flows. In fact in FY2017 if you include software development costs as expensed, then operating cash flow and free cash flows are both negative - broker forecasts for FY18 show a huge 188% growth in top line, but only 10% eps growth. My sense tells me that this kind of business should show a much healthier leverage - around 63% of shares are held by Menon and close relatives, and free float is only 18% - plus the usual concerns about israeli, chinese, indian, etc companies trading on the AIM market. Not a good track record On the positive side, this could well become a multi bagger in a few years. I will wait and see the interims next month and review my position.
ramridge
16/8/2018
07:34
Interim results confirmed for 26th September, with an analyst presentation: Https://www.investegate.co.uk/pelatro-plc--ptro-/rns/notice-of-results/201808160700129364X/ A reminder of the AGM outlook: "The Board re-iterates that the Company remains on track to at least meet market expectations for the full year. Our plans remain ambitious and, buoyed by our recent contract win and continuing strong business momentum, we view the future with considerable optimism."
rivaldo
15/8/2018
11:38
Good to see a 1p move up on just a 1k buy this morning. Not many shares around I suspect. And an RNS confirming all the resolutions were passed for the new shares.
rivaldo
10/8/2018
13:20
Finncap have a 100p target for the moment. If PTRO's outlook at the end of this year shows them on track to make the forecast 12p EPS or so, it's not difficult to see a 130p-150p share price.
rivaldo
10/8/2018
09:23
Great - thanks, haven’t seen the FinnCap report so that all sounds very positive
gilgil13
10/8/2018
09:16
Finncap currently forecast $2.9m forecast PBT this year rising to $6m PBT next year after the Danateq acquisition. This compares to only $0.6m forecast capitalised development expenditure in H1, so as the company grows this looks fine. And PTRO are forecast to have a $2.3m cash pile at this year end, so there's plenty of headroom. Judging from the tone of recent RNS's there may be further contract wins to supplement that.
rivaldo
10/8/2018
08:28
Hi Rivaldo, I agree there is potentially large upside. The one thing to watch out for is cash - they capitalise a lot of development spend (almost all last years profit) and working capital increased a lot as well. It’s a fast growing company so I’m still happy to hold but something to look out for at next results. Timbo if you did go to any presentation was there any mention of cash? Thanks
gilgil13
10/8/2018
07:25
I've bought in here recently. With 8.5c EPS forecast for this year, rising to 15.4c EPS next year, there's potentially large upside from here. Trading is strong, and the AGM noted that PTRO are "on track to at least meet market expectations for the full year". The recent acquisition was excellent, being highly earnings-enhancing and bringing in significant recurring revenues. The share register/institutional shareholder base for a small company is particularly impressive. And the current share price is not far off the acquisition placing price. Good to see you here too timbo003. Did you go to a presentation at all - what were your impressions if so?
rivaldo
02/8/2018
18:36
Thanks TimboI bought 100k gbp in placingThink will be easily 100p
nico115
02/8/2018
13:01
Thank you astonedt The link to the audio recording of the interview is here: https://www.directorstalk.net/interview-pelatro-7-0m-acquisition-of-danateq/
timbo003
02/8/2018
12:37
Written Q&A for the DirectorsTalk interview - http://bit.ly/2M93vRK
astonedt
01/8/2018
22:50
>>>>Nico I first heard about the placing (and went inside) on Tuesday 24th. I then did a quick bit of research, including the IG interview and a quick scan of the AIM admission document, I checked out the major shareholders and then put my order in on the same day. The table came from investors section of the company web site which states that it was last updated on 19th December 2017.
timbo003
01/8/2018
08:10
Is that what they took in the placing or their holdings ?Did you call up after the RNS? If so you did well to get any
nico115
01/8/2018
00:13
My application for placing shares was met in full, no scale back, I was expecting the two VCT managers (Maven and Artemis) to take the Lion's share of the EIS shares, so that's a result!
timbo003
31/7/2018
23:30
These names (Herald and Maven in particular)
timbo003
31/7/2018
17:41
What impressive names on the register Timbo?
nico115
31/7/2018
11:04
I went for a few in the placing, still waiting to hear if I got an allocation. There are some impressive names on the share register. Shares should qualify for EIS tax breaks, which will be a bonus if I get any.
timbo003
03/5/2018
11:27
kcr thanks for your response. Sorry - to be specific cash flow excluding the issue of shares was -800k. I realise that maybe the receivables aren't necessarily at risk of not being paid, but the issue is more around whether they will ever be able to generate cash that is anywhere near to the headline profit number, which is being used for the valuation, when combined with a high level of capitalisation of development spend.
gilgil13
01/5/2018
12:51
INTERVIEW: Pelatro See Revenue up c. 160% Pelatro Plc (LON:PTRO) CEO Subash Menon talks to DirectorsTalk about its results for the year end 31st Dec 2017. Subash talks us through the highlights, the significance of a $1.7m contract, markets and trends, the impact marketing and sales is having and what we can expect in terms of news flow over the coming months. Https://vimeo.com/267379657 Https://www.directorstalkinterviews.com/interview-pelatro-see-revenue-c-160/412750371
martywidget
01/5/2018
11:36
While it is relevant to note and monitor the negligible cash position due to higher receivables during FY2017, it is nowhere near red flag territory in my eyes. Among the reasons why, - It is incorrect to say $800k has been lost, it hasn't. - The group has no working capital issues since IPO with a strong net cash position and balance sheet in general. - Trade receivable reporting is a point in time. Of the value printed, $750k has already been received, of which nearly 50% related to longer term receivables. Of the remaining $1m, $800k is within due date. - The company notes that it hasn't needed to impair any receivables for the past 2 years, and given average payment terms of 90 days and the ongoing business nature of relationships with clients, the point in time high trade receivables number is not viewed as an issue by either the company or the house broker Finncap. - Furthermore, i am far more relaxed seeing higher receivables than payables when no working capital issue exists. - While the capitalisation of R&D is relatively high at circa 75% of cost, this cash number will be offset by the removal of IPO exceptional from this FY onwards. e.g. Even without growth and and all R&D costs expensed the group would still deliver circa $1m earnings in FY 2018. With contracts wins already reported, an exciting pipeline of opportunities and strong organic growth wth existing clients in a large growth market, Finncap (and I for that matter) see 50% revenue growth as the minimum for FY2018. Even with amortisation costs of nearer £1m in the P&L, I expect the current price to be no more than 12x FY2018 earnings - absurdly low for the growth, opportunity and market the group is operating in.
kcr69
01/5/2018
09:06
Concerned about how poor cash generation was, lost $800k due much higher receivables and much higher capitalisation of develop spend. Bit of a red flag for me
gilgil13
01/5/2018
08:47
Pre-tax profit jumped to $1.10m, up from $360k in 2016, as revenue increased to $3.15m. Rathbone are in this share
petewy
21/12/2017
06:59
Pelatro Plc (LON:PTRO) CEO Subash Menon talks to DirectorsTalk about the successful launch on the London AIM market. Subash explains for us what the company does, talks about it's core precision marketing tool mViva, how we can expect industry trends to benefit the company, the reason behind choosing the London Stock Market and the future for the company. https://vimeo.com/247955993 INTERVIEW: Pelatro Plc Successful Launch on London AIM Stock Market Https://www.directorstalkinterviews.com/interview-pelatro-plc-successful-launch-london-aim-stock-market/412742515 [Pelatro latest in a long line of high risk technology hopefuls] 19 December 2017, 11:37 Https://www.sharesmagazine.co.uk/news/shares/pelatro-latest-in-a-long-line-of-high-risk-technology-hopefuls
martywidget
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