Pelatro Share Discussion Threads

[bookbroker] 04/6/2021 08:20

Looking ahead I am still surprised this stock sits where it is currently, sure it was possibly deemed a blue sky investment but the product seems to have found traction in its core markets, and is proving popular with mobile service providers and advertisers. The proof is in the contracts, and I can continue to see further wins within the current financial year.

[bookbroker] 04/6/2021 07:19

Should be way higher than where we are currently, clear the offering is popular, and visibility very strong for 2021 now.

[bookbroker] 04/6/2021 06:46

Nearly reached target of revenue additions, and barely six months into financial year so highly likely to far exceed expectations on current run rate, irrespective of how much is recurring.

[paleje] 04/6/2021 06:43

Probably fall on deaf ears riv, peeps are waiting for the RNS that states 'significantly exceed current expectations' followed by a bullish note from ST...then scramble to buy in the melee that follows.

[rivaldo] 04/6/2021 06:41

Yep, that was a typo which I've now corrected! The likelihood of beating expectations remains.....

[sidam] 04/6/2021 06:33

I think you will find that the number for this year is $7.2m. So not quite there yet, but must be decent chance of an upgrade later in the year.

[rivaldo] 04/6/2021 06:07

Another $200k of additional module sales....not exactly huge in itself, but with secured 2021 revenues up to $7m already, it's surely guaranteed now that revenues will beat current forecasts of $7.2m for this year:

[boadicea] 01/6/2021 16:58

Probably not ... but I hope I have some spare cash around if and when it does!

[bookbroker] 26/5/2021 18:24

Hope this does not close gap to 40p, either recent contracts positive or simply vapour!

[paleje] 21/5/2021 09:38

You answered for me TOC thanks, I should have included link.

[masurenguy] 21/5/2021 06:21

Cheers TOC.

[theoldcodger] 21/5/2021 02:12

Masurenguy

I believe paleje is referring to the August 2020 placing and subscription at 47p when it was stated "Certain shareholders are deemed to be acting in concert under the rules of the Takeover Code. Suresh Yezhuvath, an existing Concert Party member, intends to subscribe for 1,000,000 Subscription Shares at the Issue Price."



Regards,
TOC

[masurenguy] 20/5/2021 22:40

"Remember family invested heavily last year at 47p"

Did they ! What was the date and do you have a link to the relevant announcement ?

[paleje] 20/5/2021 18:03

More of same is what it will take and eventually new holders will outweigh long time dissatisfied ones. Pointless going back over issues which caused anger and distrust, they're history hopefully.

Just keep performing, or better still out-performing, and we'll get there. Remember family invested heavily last year at 47p, I'm sure it wasn't to make a few pennies.

[bookbroker] 20/5/2021 15:21

What will it take for this company to uphold its valuation, every bit of news sends it higher at the open, and then be sold into!

[gleach23] 20/5/2021 09:44

Good news. AGM 15th June. Should provide a very timely opportunity for a Trading Update.

[rivaldo] 17/5/2021 06:18

Good to see another $300k of change requests taking 2021 contract revenues to $6.8m already in May - the forecast for the year to December is $7.2m, so there could be a considerable beat coming:

[bookbroker] 10/5/2021 13:05

Irritating, MM’s can adjust the price on relatively small volume, I’m suspicious of the gap at 40p, even if contracts underpinned the share price.

[gleach23] 10/5/2021 12:55

Looks like typical PTRO share price movement. Surely not a move to low 40s after the recent news updates?

I have an investment holding here but trade it with spread bets. My repeated experience is to take out a SB too early mid-drop which has meant holding on to SB losses (sometimes for months) before eventually exiting at a profit as happened last month.

Am looking for another entry point now but trying to time it better this time.

[bookbroker] 10/5/2021 10:29

Shame to see this pull back so far, momentum stalled again, hope it is not planning on closing gap prior to contract announcement.

[davidspringbank] 05/5/2021 15:27

Excellent news.

[sidam] 04/5/2021 07:05

Although estimates for next year have not been changed, I think there is likely to be upgrades and possibly these could be quite large. Today’s announcement adds $400k to likely revenues for next year which is half of the projected increase. No allowance is made for advertising revenue and in the presentation it was intimated that 30% of the pipeline could be expected to be converted to contracts. The pipeline was $16m so, assuming that today’s contract was in that, one could expect perhaps another $4m of revenue to be won from current pipeline. Perhaps half in next year could take us to $10m. Just a guess, but this stock could/should fly.

[masurenguy] 04/5/2021 06:17

More good news !

Large Asian Telco Group Enters into Framework Agreement

Pelatro Plc is pleased to announce that a large Asian telco group with about 230 million subscribers, with operating companies across multiple countries and an existing customer of Pelatro, has entered into a Framework Agreement (FWA) with Pelatro for three years. Under this group purchasing arrangement, the operating companies in the various jurisdictions can be serviced by Pelatro under one agreement and be confident of receiving the same high quality of offering and support across the group, as well as new products and services at pre-agreed pricing. At the same time, it will more deeply embed Pelatro into their operations and help to ensure an even closer working relationship with them. The key aspects of the FWA are:

Ø The current engagement with the operating companies of the telco group includes annual maintenance support and ad hoc change requests. These have been brought under the FWA with a base level of man days for change requests forming part of the contract every year thereby making those change requests recurring in nature, along with an annual maintenance fee.

Ø As per the FWA, Pelatro will extend level two support, which precedes the regular annual maintenance support, resulting in immediate additional recurring revenue for the Group.

Ø The FWA further includes all other products and services of Pelatro together with a price list for those. All the operating companies now have the option to procure all of these products and services from Pelatro without a formal RFP process or price negotiation.

Ø While we expect the incremental revenue impact during the current year to be about $100,000, it will be about $500,000 per year from 2022 onwards.

Ø Pelatro will be paid a fixed amount quarterly for all the base products and services making this a recurring revenue contract.

Commenting on this agreement, Subash Menon, Managing Director and CEO said, "With this Framework Agreement, we are further cementing our relationship with this telco group for the next three years. We will be able to sell many new products and services to them during this period and Change Requests, which have been repeating in nature, will become recurring revenues."