Pennant Share Discussion Threads

[mfhmfh] 02/2/2021 14:09

trading update this week? was on 3rd February last year.

[masurenguy] 02/2/2021 10:29

Quiet here with no recent news. Final results should be due in circa 9 weeks time. A reminder of the CEO outlook at the interims. "While a loss for the year as a whole is still expected, the Group's prospects are positive, with a lean, optimised cost base (the full benefit of which will be realised in 2021) and a contracted 3 year order book of £36m, including £14m of revenues scheduled for delivery in 2021. Furthermore, across our well-developed domestic and international markets the Group has a sizeable and maturing active pipeline of prospects for potential contracts worth in excess of £40m, which include opportunities with long-standing customers, single-source contracts, major software licences and long-term services contracts" Simon Moore, 21 September 2020

[sphere25] 25/1/2021 15:51

You've had a nice spike there to consider taking profits Rimau1 :-) There have been loads of these for everyone in a lovely market like this, but some stops hit and a few haven't done it so far. Still, who can moan in a market like this... or was that a moan? Moangy git! :-) All imo DYOR

[mfhmfh] 21/1/2021 18:00

100,000 buy at 51.8

[rimau1] 20/1/2021 12:01

Quiet board given the big recent rise! I thought Sphere would be back talking about breakouts. I suspect we should get a trading update in the next couple of weeks, we should rerate on a bullish outlook statement and the cost savings will be flowing through in 2021

[mfhmfh] 19/1/2021 17:16

buys at 47p today. resistance broken? RNS due? hopefully a big Middle East contract will be announced soon. positive that Gervaise Williams is in this company. All IMHO.

[mfhmfh] 19/1/2021 15:35

steady rise

[hastings] 15/1/2021 11:49

Indeed Mas, good to see.

[masurenguy] 15/1/2021 10:11

A little bit of interest here today.

[maverick081267] 11/1/2021 19:21

Had a nibble.... anybody here?

[masurenguy] 29/12/2020 08:23

Cannot get a quote online at the moment - ready to head further north !

[mfhmfh] 24/12/2020 09:39

solid buying today

[hastings] 08/12/2020 08:51

Agreed Mas and thanks for the mention.

[mfhmfh] 26/11/2020 18:55

Big Middle East contract due to be announced?

[irishlass2] 26/11/2020 13:56

And now the guys from Addicted2hares on Fbook are on it. This is going to fly.

[topnotch] 26/11/2020 13:40

Couldn't get many - not much stock around Only 200K traded and up 24%

[sphere25] 26/11/2020 13:33

Highlighted these earlier. Threatening a real breakout higher for the first time since the crash. Crashed from around that 80p mark down to under 40p and then had an oversold technical bounce to just above 50p. Ever since, you can draw a gradual downward trending channel and this move today is the first one that threatens to break that channel in a significant way.

[rimau1] 20/11/2020 08:09

I’ve taken a starter position here this morning and will add on momentum. I like the defence sector and had profits from Chemring to invest and this looks a great niche business with net cash and a strong order book. I am bullish on Australia and the UK defence in particular and Pen has good exposure to both.

[gary1966] 19/11/2020 11:19

Increase in defence spending, not a specific company RNS https://www.bbc.co.uk/news/uk-54988870

[wilmdav] 19/11/2020 09:50

What was the news? Nothing on RNS

[hastings] 19/11/2020 09:34

Also bought back in today, after watching and waiting for a while. Fully aware of the negatives such as lumpiness as held for a few years from previous lows and back at these levels I'm happy to put in the bottom draw!2021 should prove a more fruitful year for PEN and increased spend across Defence and Rail here and elsewhere should prove a positive in due course.

[sphere25] 19/11/2020 09:20

Popped a little on today's main news headlines. Chart still bearish with a continued downward slant. One of the laggards with no recovery in the price as yet. No significant buying to note so far - dead money atm. Wait and see if it attracts interest at some point. 40p will be key if there is a bullish market view here at some point. On a wider market note, interesting that the US gave up all the gains and ended down on more positive vaccine news yesterday - possibly first signs much is in the price and a pullback on a short term basis. Clearly alot of technically overbought stocks out there so wouldn't be surprised to see some comeback abit as they've gone absolutely bonkers in a flash! This time of year we usually have a little pullback before the Santa rally so perhaps an opportunity to add. All imo