Pelatro Share Discussion Threads

[modform] 26/11/2018 18:48

Nice to see some interests here, this is so illiquid that a bit of further buying will push it to ath, which will come to the interest of momentum buyers.

[nfs] 26/11/2018 15:43

I was thereFirst timerImpressive . Lots to go for, at the start of the journey . The acquisition was cheapUnfortunately the monolith telecom companies take time to change but starting from a low base with a highly geared business model should, I hope, bring material improvements, but it will take timeLicence fees plus change management fees

[threeputt] 26/11/2018 14:22

Nice buying here today, I'm assuming a good presentation from them at Mello ? Wasn't able to go but any feedback would be gratefully received. Thanks

[rivaldo] 23/11/2018 11:10

Great to see PTRO attending Mello London next week.

I saw them present at Sharesoc and was as impressed as the others above. The CEO has done it all before, and no doubt has extensive contacts at many of the rest of his previous 300 telco clients.

Hopefully there will be regular news flow of new contracts coming along.

The shareholder list is extremely impressive - I assume Herald simply wanted to do a little top-slicing with buyers around in a relatively illiquid stock:

Subash Menon 9,684,244 29.8%
Sudeesh Yezhuvath 3,309,309 10.2%
Suresh Yezhuvath 2,294,613 7.05%
Chelverton Asset Management Ltd. 2,054,794 6.32%
Rathbone Investment Management Ltd. 1,746,956 5.37%
Herald Investment Management Ltd. 1,736,986 5.34%
Artemis Investment Management LLP 1,542,465 4.74%
Hargreave Hale Ltd. 1,027,397 3.16%
Maven Capital Partners UK LLP 1,005,479 3.09%
Nicholos James Hellyer 80,000 0.25%

[daz] 23/11/2018 10:37

I picked up some of the Herald sale this week Ram. Like you, I'm a bit puzzled why Herald are reducing, as you say, they generally hold for the long term.
They are though just drip feeding shares on to the market, so it could be that they took more than they wanted in the placing in July and are just trimming a few.

[nico115] 22/11/2018 20:31

Timbo Why are Ptro so cheap?Also did you meet evg?Any thoughts there ?

[rambutan2] 22/11/2018 18:17

Noted that HRI have reduced by 175,000 this week, at 75p. Were 1,736,986 (5.15%) now 1,561,986 (4.8%). Am a bit intrigued as Katie Potts is usually a v long term investor and not one to top slice until has some big % profits under the bonnet. HRI is an investment trust so not under any redemption pressures, and has plenty of cash, so again, no need to sell in order to invest into something else. In any case, noted.

[advfn_sales] 22/11/2018 12:33

Here is the chance to meet with Pelatro:

Using this unique discount code, ADVFN25, you will be able to get £25 off at Mello London 2018, a 2 day investor conference from the 26th – 27th November 2018 at the Clayton Hotel, Chiswick, London.



Tickets are normally priced at £99 for two days and £79 for one.

Type in ADVFN25 as the discount code.

Many Thanks and take advantage of this premium offer.

See you there.

[westofengland] 16/11/2018 17:39

I also attended this meeting and thought the presentation by Subash and Nic was most impressive. I liked the fact that they were both confident yet hungry to ensure the company is successful.I sense that as the take up by Telcos continues, the number of clients Pelatro has will continue to grow.

It is worth noting that Subash's previous enterprise had 300 Telco clients and so far they have increased the number of Telco clients of Pelatro from 1 to 13 over 3 1/2 years.

[petewy] 15/11/2018 20:04

Thanks Tomps very informative.

[tomps2] 15/11/2018 17:21

Here's the ShareSoc November presentation. Subash and Nic were very confident presenters.



Really clear understanding of what PTRO do. How they price it. Why telco's need it. And confident because he (Subash) has done it all before.

[threeputt] 15/11/2018 12:10

Thanks for asking, not sure 'integration' has quite the same meaning as bedding in but hey. I remain none the wiser.
Will look out for the video, thanks again

[timbo003] 15/11/2018 11:45

I managed to ask that question directly to Subash during the break, he said it took 3 months to fully integrate Danateq.

Subash gives a very polished presentation and moves on at quite a pace (perhaps a bit too quickly) and I got the impression that he would be a hard task master to work for.

The video and slides should be available through the sharesoc web site in the next few days

[threeputt] 14/11/2018 12:53

Thanks. Will they be allowing Danateq sufficient time to bed in before making further acquisitions

[timbo003] 14/11/2018 12:27

Pelatro are presenting at ShareSoc's growth company seminar this evening, so i will go along to that. Anyone got any burning questions they would like me to ask?

[sharesoc] 10/11/2018 16:40

Pelatro present at our growth company seminar in London on the 14th November, may be of interest to current shareholders or potential investors:

[sharesoc] 04/11/2018 15:25

Pelatro present at our growth company seminar in London on the 14th November, may be of interest to current shareholders or potential investors:

[rivaldo] 30/10/2018 09:33

Today's contract win must be material in financial terms as it's a full RNS.

Great to see next year's contracted revenues already building nicely.

Finncap again retain their 115p target price and their forecasts of:

this year : 8.5c EPS
next year : 15.4c EPS

At 70p that's a P/E of only 10.6 falling to 5.8.

A couple of snippets from their new note:

"Global expansion: Pelatro’s mViva Contextual marketing Solution will now be in use
in over a dozen telecoms providers across the world, and now with multiple products
to upsell, it is rapidly becoming a major global solutions provider in the industry, with impressive and exciting opportunities ahead. It is steadily expanding from developing regions into the more advanced European markets."

"Cheap: In recent market volatility, the stock has fallen back to its IPO price, a totally unwarranted decline since it has delivered on all expectations. It now looks particularly cheap with FY 2018 forecasts very comfortably covered and FY 2019 increasingly secure. We feel its current FY1 P/E of 5.8x offers excellent value in light of the successes it has delivered."

[modform] 30/10/2018 08:50

Another small contract win, every little helps...

[sharesoc] 23/10/2018 13:02

Pelatro present at our growth company seminar in London on the 14th November, may be of interest to current shareholders or potential investors:

[rivaldo] 17/10/2018 10:25

Finncap have "at this stage" retained their 115p target price and their forecasts of:

this year : 8.5c EPS
next year : 15.4c EPS

That's a P/E at 69p of only 10.6 falling to 5.9.

They summarise:

"Excellent value: Smaller cap technology stocks have suffered in the recent market
correction. Pelatro has returned close to its IPO price and now looks particularly
cheap at just 10x the current year’s earnings; less than half the average rating of the sector. This is despite impressive contract wins underpinning the forecasts and an
excellent earnings-enhancing acquisition.

We feel the shares will rapidly recover with market sentiment and the current shareprice represents a buying opportunity to gain exposure to a high quality investment."

[shanklin] 17/10/2018 08:26

rivaldo

It seems fairly likely IMHO that PTRO's customers will eventually pay the amounts they view as being due. My concern is there may be a difference between that amount and what PTRO have detailed as due in their financial statements.

I guess much of my concern comes from how long some of these payments have been outstanding.

[rivaldo] 17/10/2018 08:15

Cheers Shanklin. Given the blue chip nature of the customer base and the nature of the sector I'm unconcerned.

As for opodio.....his, erm, "style" of writing over a long period can be seen perfectly well from a quick review of his posts :o))

[opodio] 17/10/2018 08:09

non payment lol

worrying

[shanklin] 17/10/2018 08:06

Hi rivaldo

Thank you for the correction. I have updated my post accordingly.

I appreciate we have a great deal of detail and would probably be invested here by now if I felt more confident about PTRO actually being paid.