Pelatro Share Discussion Threads

[rivaldo] 17/10/2018 07:41

Firstly, it's $2.67m, not £2.67m. Secondly, PTRO's customer base are major telcos who are "wholly creditworthy" as PTRO specifically state in their results. Thirdly, the telco industry is well-known for slow payments anyway, but PTRO again go into great detail as to how they are being repaid.

There's no need to be sensationalist and speculate about items being written off when there's absolutely no necessity to do so and evidently no provision has been deemed necessary.

[shanklin] 17/10/2018 07:30

Good announcements here recently.

The Achilles heel is the non payment of bills. How much of the $2.677m shown as trade receivables shown in the H1 results should be written off to reflect reality?

[rivaldo] 17/10/2018 07:06

Great news - looking forward to it davidosh. That should spread the word nicely - the share price has slipped disproportionately on minimal volumes in the market turbulence.

...and now we have yet another contract win, and a major one to boot with 65 million subscribers....



"Pelatro selected to provide Loyalty Management Solution to Grameenphone of Bangladesh

Pelatro Plc (AIM: PTRO), the global Multichannel Marketing Hub software specialist, is pleased to announce that it has been selected the supply its Loyalty Management Solution to Grameenphone, the leading telco in Bangladesh with approximately 65 million subscribers and part of the Telenor Group of Norway.

etc"

[davidosh] 09/10/2018 17:45

Just to let you all know that Pelatro will be presenting at our very big investor event in Chiswick W4 next month on Monday 26th and Tuesday 27th November. MelloLondon is a two day event and Pelatro will be there on both days. You can find out more here...



There will be 60 quality companies exhibiting and presenting plus some very well known investors, entrepreneurs, fund managers and market commentators providing excellent keynote talks on a range of investment subjects. A number of investment workshops will be available each day and a ShareSoc MasterClass on the final day.

[martywidget] 09/10/2018 13:08

Pelatro Plc providing an opportunity for telcos to better understand their customers
Published on 1 Oct 2018

[mfhmfh] 02/10/2018 12:21

Finncap today reiterates 115p target price.

[modform] 02/10/2018 12:20

Very good news, I used to hold shares in Telenor , they are pretty big in India as well, so it could open up many other opportunities for the company

[rivaldo] 02/10/2018 07:11

Good news this morning - a new Global Framework Agreement with the multi-billion megacap Telenor for PTRO's Loyalty Management Solution should be a pretty big deal for a £22m m/cap:



"With the envisaged implementation of the Loyalty Management Solution by Telenor operating companies, the Company is confident that it will be in a strong position to sell this solution to other telcos, including existing customers of Pelatro in due course."

"We expect that this will open up multiple opportunities for Pelatro in the near future."

[gilgil13] 27/9/2018 13:39

Interview post interim results: hxxps://www.directorstalk.net/interview-pelatro-plc-revenue-up-53-to-2-38-million/

As usual with Directors Talk doesn't really go into any of the details, no questions on cash unfortunately - so not a serious interview but helpful for a bit of extra background

[kcr69] 26/9/2018 08:42

For the record Finncap increase TP from £1.00 to £1.15 based on "ever greater security and confidence in our expectations....to reflect the significant growth potential as a multi product multi-channel marketing platform supplier".

[mfhmfh] 26/9/2018 08:38

This statement sounds promising IMHO:

' We believe that Pelatro is about to witness a point of inflection owing to the increasing need for personalised, contextual and relevant engagement with subscribers and our ability to fulfil that need.'

[shanklin] 26/9/2018 07:57

Interesting company. Not sure I understand the justification for the $823k of receivables at 31-Dec-17 that has still not been paid.

[modform] 26/9/2018 07:48

Looks pretty good, high debtors still a worry for me, but will continue to hold...

[rivaldo] 26/9/2018 07:43

Interims look very good.

Around 3.4p EPS in H1 alone, and lots of confidence in the outlook. Which is justified considering the forward visibility for 2018 (and for 2019 too).

PTRO also have a healthy cash pile. Whilst debtors are high, debts are being collected and are due from blue chip entities (telcos). IFRS 15 should be immaterial over the course of the year.

I particularly like the concluding paragraph:

"A consequence of this scenario is the large number of potential opportunities in our pipeline. This pipeline has opportunities from existing customers for new products and enhancements, along with those from potential customers. All these developments underpin our confidence that we will continue to grow at an attractive pace in the years ahead."

[rivaldo] 16/9/2018 23:25

If I may answer for nico115, I assume he's simply taken the forecast of 11.8p EPS and applied a P/E of 10.

Not too mathematically challenging :o))

OT : good to see you coming over here from the IMO thread westofengland.

[euclid5] 13/9/2018 21:44

Finncap's TP is 100p from their July 31 BN, where do you get the 120p TP?

[westofengland] 07/9/2018 18:26

I have made a start- looks quite interesting and the statement later this month will give us clarity. Rivaldo has kept us healthily in touch on IMO(thank you R) and there are adjacencies to the two stocks.

[nico115] 07/9/2018 08:38

Pe of 10 not unreasonable for this growth 120p target

[rivaldo] 04/9/2018 15:17

60,000 shares just bought, including some at 81.75p, seem to have cleared the dam nicely.

Forecasts for next year following the acquisition are 15.4c EPS, i.e around 11.8p EPS. Certainly lots of potential upside there.

[nico115] 04/9/2018 14:54

Love this stock Look who recently bought Doesn't get any better Target 120p

[modform] 03/9/2018 13:00

Thanks rivaldoI have added today after a bit more research, so illiquid you need to build a position when stocks are around

[rivaldo] 30/8/2018 14:07

Consistent buying this week is starting to have an effect.

Good to see you here modform.

[modform] 29/8/2018 12:39

As an ex holder who sold them after the update , I have looked into the acquisition and balance sheet, and the recent placing seem to have made the balance sheet in a much better shape. The difficulty I had in selling tells me that it will be difficult to buy on any good news, so I have taken 10k shares at 79.5p to keep it on my watch list, and will top up after the results or If see more interest. Cheers

[rivaldo] 28/8/2018 09:56

Excellent coverage this morning on Citywire as follows which should bring in more interest to this under-the-radar share:



"Pelatro (PTRO)

Who’s trading? Citywire AAA-rated James Baker

The trade: Chelverton’s UK growth specialist took a 5.3% stake in data analytics and marketing business Pelatro, worth £1.6 million at a share price of 77p.

How have the shares performed? The AIM-listed tech firm has climbed 18% from its late 2017 admission price of 62.5p, although it has not since challenged an early January high of 89.5p.

What does the company say? Launched by Subex founder Subash Menon, Pelatro reported a 160% rise in revenue in 2017 to $3.15 million (£2.4 million). The company also points to a solid pipeline of contract wins, which has put it on course to meet forecasts.

What’s the outlook? Broker finnCap rates Pelatro as a ‘buy’ on a 100p price target, having recently predicted that the company will double its 2017 numbers this year. After proving its product line with telco clients, finnCap says it is likely to take its services to new sectors."