Pelatro Share Discussion Threads

[daz] 06/10/2022 20:32

Has anyone noticed the 45% increase in adjusted admin expenses? (I'm not sure why they are being described as adjusted). On the face of it, they are out of control, but I can't find an explanation in the narrative.

The company haven't done a presentation for the interim results, otherwise I would have asked

[gleach23] 06/10/2022 07:28

Well with the market quote @ 21-22 one can currently sell 25k @ 22p and not even get an online quote for buying 500 shares. Time we broke out to the upside here.

[gleach23] 03/10/2022 16:18

Noteworthy trade reported after hours of 620k @ 22.8p. Looks like a buy.

[gleach23] 23/9/2022 09:48

Thanks sphere...I hadn't realised ST had tipped it today. That explains the apparent underlying demand. As you suggest, in days gone by we might have had a 3p rise on such an article.

I'm still happy to be invested here. ST's final comment -

"It’s worth noting that the group benefits from US dollar strength as 80 per cent of its cost base is in India/UK, but three quarters of annual revenue is US dollar denominated."

[sphere25] 23/9/2022 09:14

ST tips it and you get two buys here with over two hours gone into the trading day. Not alot going on over at VLG as well as alot of the others that have been tipped of late.

Remember the time people were falling over themselves to buy those tips and you could piggyback the momentum for quick trades?

What a stark contrast.

You'd wake up and be sat like an athlete on the blocks, ready to get in quick trying to beat most. The aim being clearly to maximise profits, but to also get in sharpish before the market makers closed off the marked up offer on the opening price point (and the next price points) before you got in and the price ran away.

What a stark contrast.

The market makers must wake up nowadays (well if they don't have a lie in), brew some coffee, read the papers, brew some more coffee, have a nap because the coffee wasn't brewed well enough, perhaps brew some more coffee...

What a stark contrast.

The interesting thing is that it is definitely a sign of sentiment here in the UK, showing that there has been at least some form of major washout, even if the overall bottom isn't in. I guess there are notable and educating observations to be made when we look around the market.

As for PTRO, it actually looks like they are going to hit their numbers on at least the next couple of trading updates and maybe beyond, but it doesn't strike you that those roaring bullish spirits will be coming around for a while yet.

Nobody wants to be that grim guy, but as they say...

We are where we are.

All imo
DYOR

[gleach23] 23/9/2022 08:50

Encouraging to note that, with market quote currently 22.5-24, one can only buy around 1500 shares but sell at least 36k over 23p.

Seems that demand is there and hopefully shares are in short supply too.

[gleach23] 22/9/2022 07:57

£10.7m m/cap and net cash of around $1m?

I do wish those receivables, which make up the majority of Net Assets, would come down but at least they have collected $1.9m since year end. That they are rising is also symptomatic of increasing revenues I suppose.

Good that amortisation of development spend was ahead of what was capitalised.

Not much in there to spark a rerate in these markets but agree that things are looking up.

[sidam] 22/9/2022 07:28

For a small cap, the asset situation is good. NAV of $19m and tangible Net Assets of $8m are significant.

[rivaldo] 22/9/2022 06:45

Today's H1 numbers are pretty decent for a £10.7m m/cap company, with $1.87m EBITDA and a very small profit.

But it seems evident to me that PTRO have now been turned around and are on an upwards path.

Recurring revenues are at almost 60%, new customers are being won, the company are entering new sectors like financial services, and the AI/tech is being monetised in new ways.

This year's revenues are almost in the bag, and $6m of next year's revenues are already visible.

Things are looking up.

[gleach23] 15/9/2022 15:44

Good to see some decent buying ahead of the interims expected towards the end of the month. Chart beginning to look promising too imo.

My only gripe with the company is that they don't answer investor emails. Emailing investor relations is something I do only occasionally but PTRO is the only company I can remember that doesn't respond.


Edit - and to top things off for the day, a 110k buy @ 24.4p reported after the close. Hopefully that sets things up well for a strong run up to results.

[archy147] 13/9/2022 10:02

Fingers crossed its a sign of better things to come

[gleach23] 13/9/2022 07:20

PTRO remains totally overlooked for me. Happy to extend patience here and to see these incremental wins in the meantime.

[rivaldo] 13/9/2022 06:31

Another $600,000 of change request income reported today.

2022 revenue visibility is now up to $8.5m, so with forecasts at $9m for the year and 3.5 months still to go, there must be a good possibility that forecasts will be at least met and potentially beaten:



"Commenting on this win, Subash Menon, Managing Director and CEO said, "We are continuing to experience significant momentum in our business and are confident of generating further growth in the foreseeable future."

[gleach23] 10/8/2022 09:22

Feels like some transformational progress taking place...overdue a decent rerate imo

[mfhmfh] 10/8/2022 07:55

'revenue visibility for 2022 stands at around $8 million.'

projected revenue for this year is £9 million.

Hopefully PTRO can now beat this figure.

[zxie] 10/8/2022 07:20

Good news here

[zxie] 10/8/2022 07:20

INSP shares jump soon

[rivaldo] 10/8/2022 07:09

Excellent $1m contract win (over 3 years), importantly with a new telco group customer and in a new market (the Middle East), for this £10m microcap.

And it sounds like there's potentially a lot more to come from this customer:



"Contract Win

Pelatro Plc (AIM: PTRO), the enterprise Customer Engagement Hub software specialist, is pleased to announce that it has been selected by a Middle East telco (part of a wider international group) to provide its mViva Campaign Management and Loyalty Management Solutions. The initial value of the license contract is around $1 million (payable over 3 years). With this win, revenue visibility for 2022 stands at around $8 million.

Subash Menon, Managing Director and CEO commented, " This win marks the entry of Pelatro into a new telco group with operations in multiple countries. We are confident of leveraging this win to expand within this group in the coming years. Further, this is the first win for us in the Middle East and will help us spread in that lucrative market."

[gleach23] 03/8/2022 21:23

Had some more today @ 21p as early hints of a turn evident imo

[gleach23] 26/7/2022 15:47

Seems like a large holder is reducing in a hurry with chunky trades being reported at below prevailing Bid prices. I've started to gradually accumulate an increased holding.

Roll on September for the Interims and possibly a H1 trading update before then.

[rivaldo] 27/6/2022 06:22

An encouraging AGM statement today, with optimism that full year trading will be in line (it's too early to be saying "ahead").

In particular, ARR is up from $4.8m at the year end to $6.8m now, along with the number of customers rising to 25 and non-telco prospects looking bright.

It seems that this company is at last on the right path.

[gleach23] 21/6/2022 08:23

Last week a significant contract win, this week a transformational contract win.
That's the sort of momentum we like :)

Next week is the AGM (Monday) so they have an opportunity to put out a trading update, unless it's deemed too soon after the recent results.

[rivaldo] 21/6/2022 06:14

Potentially huge news today - mViva to be provided on a Proof of Concept basis to a new "large global telco" customer, with $4m per annum of recurring revenue on full rollout assuming it moves forward.

Transformational if so, and presumably likely to go ahead after the 6 month trial based on past experience (and the fact that PTRO are publicising it)....

[baronet bill] 14/6/2022 04:33

Again from Mr Evil.
hxxps://masterinvestor.co.uk/evil-diaries/evil-diaries-advertising-to-some-effect/

[rivaldo] 13/6/2022 06:17

This may be a Reach RNS today, but as PTRO say, it's certainly "significant".

A $1.5m win securing income - initially - for 3 years, and a first customer outside the telcos, in the highly rewarding fintech space. With "a number (of others) now having expressed interest in our product".

Excellent news: