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Share Name Share Symbol Market Type Share ISIN Share Description
Pelatro Plc 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
  0.00 0.0% 5.75 5.50 6.00 5.75 5.75 5.75 74,831 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 7.3 -0.7 -2.1 - 3

Pelatro Share Discussion Threads

Showing 826 to 848 of 850 messages
Chat Pages: 34  33  32  31  30  29  28  27  26  25  24  23  Older
DateSubjectAuthorDiscuss
18/1/2023
12:26
Fair point there's been no mention in RNS's since Finals of May 22:
"We have also been extending the breadth and quality of our products and services we provide to our telco customers. Part of our growth effort has been directed towards the non-telco space, where non-telco brand campaigns and adverts can be sent to consumers via their mobile phones. We have recruited a senior manager for this area and are building the team but are proceeding cautiously in terms of new contracts to ensure that they are on appropriate terms."
But it was only described as a new business *pipeline* of circa $17m. With no mention of it in the subsequent interims or updates we can only assume this idea fell through.
Personally I don't think it should have been mentioned at all without a signed contract or at least MoU.

cordwainer
13/1/2023
10:41
One of the reasons I bought was the move into advertising revenue which was projected to generate $15m of revenue. Any idea where that is?
sidam
13/1/2023
09:53
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.....

rivaldo
13/1/2023
08:14
Cordwainer, re the 25 customers, see the June’22 AGM statement. Subsequently the H1 statement mentioned winning 3 customers in 2022, but they could of course be included in the 25.
hew
12/1/2023
22:00
Can't say I've noticed a 25 current customers figure anywhere lately. Wondering if that means 25 contracted customers or just actively engaged with 25 customers whether contracted or trailling and testing ?
Damn hard to track the customers when they're largely unnamed in announcements.
I'm sure some of those 25 will be part of the same parent group(s), not that that matters much.
Agree hew it could be oversold now albeit highly speculative.

cordwainer
12/1/2023
10:45
Suppose it's easy to say as my remaining value-at-risk is now relatively so small, but I’m letting it sit. I see the upside potential of the share price from today’s ~6p as well above the further downside risk anyway.

Reviewing my notes from mid-2022, although the current and near-term projected financials are indeed grim, I still see some substance in the organization: currently 25 customers, the mViva platform and the new prospects already in play. If, repeat IF, those do turn firm - agree Cordwainer’s concern there – and the delayed income materializes as expected, I see decent recovery potential rather than further falls.

hew
12/1/2023
08:51
Sorry for my earlier post ‘scandalously incompetent.’ I meant disgracefully inept.don’t know if Evil managed to extract his enormous position in this stock. Clearly the rupee v dollar has been an issue but not an excuse
earwacks
11/1/2023
22:10
They have a lot riding on that one Proof Of Concept client doing a 6 month trial which is due to complete this January.
cordwainer
11/1/2023
19:23
Yep, I saw. That means the price should go up tomorrow :)) Well, it will be 2 years, and -80% for me. Luckily, I started small.
jdh1602
11/1/2023
18:37
simon is saying new sell
dros1
11/1/2023
18:20
I took the hit today and exited at a massive loss. Also discarded my Ixico at a small loss.
casholaa
11/1/2023
13:07
The way I see it, a 'guru' should be on some yacht perpetually taking it easy, when they aren't flying around in a private plane which has a bar & a bed installed.
casholaa
11/1/2023
13:02
Simon Thomson from Investor's Chronicle has continued to push this company as a Buy, in May and September, so i'm particularly disappointed at the results. There's a lesson there about following 'Gurus' for too long.
jdh1602
11/1/2023
10:07
I think they'd have difficulty running a corner shop let alone software. I'm looking for a decent exit price/strategy.
casholaa
11/1/2023
09:33
Interesting that the management sacked Cenkos a few months ago as the share price had performed badly. They reinstated FinnCap but as far as I can see they have produced no research and the shares have continued to slide. Dowgate has published and although they have cut their target substantially and project a loss for the year we are now in, they do project positive cash flow in the year to Dec 23. So perhaps not all is lost but in my view the management have a lot to do before they regain any credibility.
sidam
11/1/2023
00:25
I wouldn't go as far as saying scandalous, but the vaunted ARR has not gained as much traction and the business does not appear as capital light as previously hoped by many (former) shareholders. They are dealing with contracts rather than subscriptions, of max 5 years but more typically 3 years. The regional segmentals quietly nestled in the results notes indicates some volatility and unreliability in revenues and renewals from individual operators, even if they managed to build overall ARR over the past 3 years or so. It's no cash cow.
They took an interesting step into new markets with one fintech customer recently but the wider CRM / Analytics software space is a very crowded place as far as I can tell. Or someone might enlighten me as to how very differentiated mViva products are ?

cordwainer
10/1/2023
21:30
A scandalously incompetent company. ‘Will be materially below forecasts.’
earwacks
10/1/2023
20:06
They appear to me to be as useful as a bucket with a hole in it. I think it's just rice now and no peas.
casholaa
10/1/2023
19:08
Can't argue with that cordwainer.

13.30. What a time to issue a Trading Update too. Such a poor show.

gleach23
10/1/2023
15:15
So overall a possible £250K hit approx. That's not really the disappointing part, its the lack of progress on new clients and contracts. Is the previously reported opportunity 'pipeline' of $19m maybe some kind of pipe dream?
Keep a close eye on board remuneration, they should not be getting a lot of extra reward. And note that pre-existing share options are currently exercisable at 73p, although both staff and board recently helped themselves to about 7.5% of the company at the expense of the rest of us ordinary shareholders.
While they're retaining about 98 software engineers vs 3 sales people they ought to be providing some more hints of what they're actually working on right now.
A very high risk investment at this stage imho.

cordwainer
10/1/2023
15:00
Is this like peloton?
volsung
21/12/2022
14:18
Well 2nd trade of today was 11.01p .. sorry for foreshadowing 11p earlier but it's so illiquid as to be almost meaningless.
cordwainer
16/12/2022
16:00
Should be paying them in rice and peas instead.
casholaa
Chat Pages: 34  33  32  31  30  29  28  27  26  25  24  23  Older
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