Pennant Share Discussion Threads

[fortune44] 07/10/2010 08:57

Interest growing, more blue..

[fortune44] 07/10/2010 08:45

agree zz, see your 20,000 buy on plus.

Company buy back is always a clue, peeps just have to take a look.

[zztop] 07/10/2010 08:44

nice , does'nt take much to get this rollin' so few mor buys and maybe we will be off..

[zztop] 07/10/2010 08:42

i bought my first batch yesterday, i feel this company at around 3 mill is very undervalued, i feel a sharp increase in the share price comin on...

[fortune44] 07/10/2010 08:42

Another buy just gone through.

We were near top of leader board yesterday, won't take much to get up there today

[zztop] 07/10/2010 08:40

fortune44 , its the buy back part i like,

[fortune44] 07/10/2010 08:39

zztop - 6 Oct'10 - 22:05 - 110 of 116

"short to medium term" , now would that mean news is imminent?

Outlook

The Group has a number of excellent opportunities in the UK and abroad and is
very well placed as the potential supplier on two major contracts in the UK.
Defence spending in the UK is currently subject to a major review, however, your
Board remains optimistic of significant orders in the
providing visibility of work running forward from 2011.

The Group is well placed to take advantage of these opportunities backed by an
excellent reputation, a strong balance sheet and a healthy cash position


Thats my take on it zz

[fortune44] 07/10/2010 08:36

Current Trading
Our strategy of building strong relationships with prime contractors and
original equipment manufacturers has not only produced improved results during
the period, but has also given the Group a strong pipeline of good prospects
with both new and existing customers

[fortune44] 07/10/2010 08:33

zztop,after yesterday anything can happen.

Something is going on with share buy back, big orders promised, and only 19 million shares in circulation.

[zztop] 07/10/2010 08:26

just topped up 20k

[fortune44] 07/10/2010 08:13

First trade just gone through

[fortune44] 07/10/2010 08:12

Morning all

[fund1] 07/10/2010 06:49

Looks like this is just waking up. 4.2m M/Cap paying a divi
and buying its own shares back.

[zztop] 06/10/2010 22:05

"short to medium term" , now would that mean news is imminent?

Outlook

The Group has a number of excellent opportunities in the UK and abroad and is
very well placed as the potential supplier on two major contracts in the UK.
Defence spending in the UK is currently subject to a major review, however, your
Board remains optimistic of significant orders in the
providing visibility of work running forward from 2011.

The Group is well placed to take advantage of these opportunities backed by an
excellent reputation, a strong balance sheet and a healthy cash position.


C C Powell
Chairman
6 September 2010

[zztop] 06/10/2010 21:59

""In particular, the Training Systems Division has been selected as potential
supplier for two major contracts:

� The Lynx Wildcat Training programme for Westland Helicopters Limited, a
multi-million pound contract that will make use of hardware and software models
developed by Pennant for previous Lynx helicopter training systems.
� A major Land Systems programme (another multi-million pound opportunity)
to supply computer based training and part task trainers.""


anyone any idea when contract news is due?

[fund1] 06/10/2010 21:26

Thanks fortune44.

[fortune44] 06/10/2010 21:25

Hi Boadicea, i remember when these were trading at +£2.25 some year ago..don't think they've consolidated since those days....think this will start hitting the radar...company was upbeat in their last t/s, so i expect these to trade much higher now we have a break out signal, imo:-)

Company is very confident and there are probably less shares in public circulation than at any time.

So could easily go back to £2 plus on good contracts

[fortune44] 06/10/2010 21:22

Fund1, M/Cap is a tiny 4.2 million

[pre] 06/10/2010 20:58

Hi Boadicea, i remember when these were trading at +£2.25 some year ago..don't think they've consolidated since those days....think this will start hitting the radar...company was upbeat in their last t/s, so i expect these to trade much higher now we have a break out signal, imo:-)

[fund1] 06/10/2010 19:51

What is the current M/cap?

[fortune44] 06/10/2010 19:36

Boadicea,lots of cash, buying back stock and...


"Our strategy of building strong relationships with prime contractors and
original equipment manufacturers continues to produce improving results across
the Group, with a strong pipeline of new prospects both in the UK and abroad."

[boadicea] 06/10/2010 18:13

pre - "looking back at historical charts, these were trading at a staggering +£2.25 over 5yrs ago"

My current 'core' holding was bought for 9p in 2002.
I bought others later and sold them at around 30p near to their 2007 peak of 38p - the all-time high afaik.
I did consider buying more recently as they were looking good value but with impending defence cuts I went for various pm miners (MARL, MIRL, PGD, MML, AGQ) instead.

Still, it's good to see my core holding back in positive territory again - and a useful divi.

[fortune44] 06/10/2010 17:29

Thanks Gengulphus, exciting day.

Lets hope for same tomorrow.

[gengulphus] 06/10/2010 17:01

fortune44,

Ah, I see. The explanation is that that "XD" marker doesn't just mark the ex-dividend date - it lasts the entire time that shares trade "ex-dividend", i.e. from the ex-dividend date until the day the dividend is actually paid (which is Friday 15th October).

Gengulphus

[fortune44] 06/10/2010 16:56

Link to company site for newbies