Pelatro Share Discussion Threads

[p1nkfish] 14/6/2021 23:03

Taking advantage of a bubbly market.

[bookbroker] 14/6/2021 21:46

It all looked too good to be true!!!!

[tole] 14/6/2021 20:24

Am sure Simon Thompson will cover it again after his last update in April.https://www.investorschronicle.co.uk/ideas/2021/04/19/profit-from-big-data-analytics/'..profits to scale up rapidly and the shares to make a concerted move towards my 100p fair value target''

[bookbroker] 14/6/2021 20:06

Well it may drop, and likely towards the offer price, but I will not be buying any more for the time being. They should have waited until next set of results. Be interesting to read Caulkwell’s take on this.

[theoldcodger] 14/6/2021 20:03

Well, against my better judgement, I've subscribed for a few via PrimaryBid. In the relatively short time PTRO has been a listed company, I've gained the distinct impression that it's run more for the benefit of the management rather than shareholders. The large discount of the placing also tells us something rather unpalatable about potential investor's enthusiasm for the issue and the share price is sure to crash when the market opens tomorrow. However, I still believe that the company has a potentially exciting future, so have given it the benefit of the doubt, but their results now need to start reflecting progress and any further fundraising before that would be a bridge too far in my opinion and have me heading swiftly for the exit.

All just my musings and very much not investment advice in any way.

I hold,
TOC

[p1nkfish] 14/6/2021 19:56

I will have no surprise to see it fill the gap and go below 40p over the next 6-9 months.

A current interest in raising funds is because mangements know the market is bubbly and they can catch a bid.

It won't always be bubbly and I can wait.

[tole] 14/6/2021 19:22

"Hope this does not close gap to 40p, either recent contracts positive or simply vapour!"Call me a chart purist but it is funny how they always find a way to come back to fill those gaps.. Anyway I'm a holder under 40p so I've taken the opportunity to add a few in the PrimaryBid application fwiw.

[saucepan] 14/6/2021 18:59

I am looking at this for the first time in view of it coming up as a PrimaryBid opportunity.

Examining ShareScope historical numbers, and the chart, I get the impression PTRO is something of a serial disappointer. If I was a current shareholder, I'd also be very disappointed to see a placing at such a large discount.

There is also a bit of a contrast with another PrimaryBid today (GROW), where it was stated in that announcement: "Certain directors of the Company . . . intend to participate in the Placing." I don't see that here, so no "green flag" on that score.

I don't think I'll be tempted, but am open to hearing counter arguments should anyone so wish.

[cordwainer] 14/6/2021 18:58

Damn, that's a big discount + PrimaryBid don't work for my SIPP + I don't have the cash to add to my non-wrapped fund & share account :-(

[paleje] 14/6/2021 17:34

Here we go again:(

[bookbroker] 07/6/2021 12:20

Be nice to see next leg up above 60p mark. Might be wishful thinking, but contracts have continued to be signed, and I think the above comment about upgrades becoming more relevant.

[sidam] 04/6/2021 13:49

Management did indicate that, although not included in any guidance for the current year, some revenue from advertising was expected. So possible/probable upgrades could be quire significant. It would be really good to see some advertising revenues as that would give some evidence that the longer term aspirations of $15m of revenues could be met. That is the huge upside in my opinion.

[bookbroker] 04/6/2021 12:01

That is understandable, but these people built a company prior to this before moving on. And the board does have UK directors alongside, and their reputation is equally important.

[bookbroker] 04/6/2021 09:20

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 08:19

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 07:46

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 07:43

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 07:41

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