Share Name Share Symbol Market Type Share ISIN Share Description
Petards LSE:PEG London Ordinary Share GB00B4YL8F73 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 24.00p 23.00p 25.00p 24.00p 24.00p 24.00p 5 05:30:32
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 15.6 1.2 3.3 7.3 13.79

Petards Share Discussion Threads

Showing 6051 to 6073 of 6075 messages
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DateSubjectAuthorDiscuss
16/8/2018
14:21
bookbroker It's a very quiet stock so the best chance to offload some size and get a little bit more money for your shares is when they announce a contract. Happens every time
dave4545
16/8/2018
14:13
I agree great little company growing at a steady pace, some nice additions to the company of late and to bring down the board doesn't make sense to me before 2013 this company was in a state I think they have done and will keep doing a good job in growing the company.
chunkster
16/8/2018
13:06
Patience! Value always comes out eventually, and I seriously doubt we are sacrificing revenue for margin erosion, gross margins are running at 38% and have been trending higher. Renew is also priced on 10 times earnings so the sector is still lowly rated despite strong balance sheets and growing order books. I think this is a great structural niche play on Rail gaining significant investment and service upgrades over the next few years and remember this was priced in the teens last year. Thanks as always for the insightful updates Rivaldo!
rimau1
16/8/2018
12:31
It's a £13m microcap, is illiquid, under-researched by analysts and unknown to most PIs. Total volumes today are just £8k! It would be ridiculous to draw conclusions from such tiny activity. Patience needs to be shown, and backing of your own judgement. The likes of Miton own nearly 5%. Thomas Charlton has just declared he owns over 3%. Chelverton Growth hold 3.5%. Downing Active own 6.3%.
rivaldo
16/8/2018
11:46
Beginning to question the rational for holding these, contract wins has no bearing on the share price clearly, is that because the market believes they are achieving these by slicing the potential margin or the inability of the Abdullahs to inspire confidence in this company!
bookbroker
16/8/2018
07:27
A large contract win just announced - another £2.7m for Bombardier, securing further revenues into 2019 and 2020. And it's not just for CCTV, but for PEG's door opening and passenger counting systems too. Hopefully this will lead to upgrades to the existing 2.15p and 2.56p EPS forecasts: Https://www.investegate.co.uk/petards-group-plc--peg-/rns/contract-win/201808160700089533X/
rivaldo
08/8/2018
13:20
I was only a growing lad at the time but I recall a similar uproar about cost and loss of backyards when the M25 was being planned in the late 70s. Guess we should have stuck to single carriage A roads around London? Principle is very much the same I think with HS2. Our railways are jammed solid at the moment and no amount of "improvements" on various 5 mile stretches here and there will solve that.Is HS2 value for money at any cost? That I do not know. While billions are spent abroad, I do not accept that our government is skint.
bones
08/8/2018
09:35
The HS2 is a bloody outrage, reading about the already growing costs there is no way the budget will remain within £55bln, that money could build a new Heathrow and increase the existing railway structure with increased rolling stock significantly,all to save 30 minutes travelling time between London and Birmingham, that is without delays at the start of the journey. Crackers!!
bookbroker
31/7/2018
10:48
This company needs an activist investor against the Abdullahs, it seems they just do not inspire confidence in this business, this might be a boring business but at least it has some consistency in its earnings, so ought to be seen as a value play. All well and good Hybridian putting out bullish notes, but as the company broker they should be doing a bit more to push the stock.
bookbroker
20/7/2018
08:42
Forgot to mention Hybridan's current forecasts, which are: this year : 2.15p EPS next year : 2.56p EPS i.e a P/E of 11.4 dropping to just 9.6. They also forecast £1.23m net cash at the end of this year, rising to £2,37m next year (against a £14m m/cap). So the ex-cash P/E drops even further, and there's also the likelihood of another acquisition all or partly from cash.
rivaldo
19/7/2018
14:36
Hybridan have issued a new note following last week's contract win. They suggest a 40p target price, and have interesting comments on (1) another large contract win being likely, (2) the potential for further acquisitions and (3) the potential to supply more on-board technology: Extracts: "This is another deal for the Aventra platform and we believe Petards is well placed to land another potential meaningful order. Other rolling stock contracts currently out for tender include South Eastern (800 vehicles), West Cost Partnership (300 Vehicles), and Hi Speed 2 (800+ Vehicles). The recent RTS acquisition diversifies the Group into infrastructure technology, but we believe Petards also has the reputation and customer base to supply more on-board technology, and we see an opportunity to broaden the product portfolio both organically and by further acquisition. We believe that Petards merits a re-rating to at least a mid-teen PE multiple. At 40p (68% upside from here), the shares are on a 16x FY2019E PE multiple. Petards continues to benefit from a robust long-term order book and we believe that in the context of growing infrastructure investment, Petards’ management team has the commercial and strategic know how to further accelerate revenue and earnings growth."
rivaldo
18/7/2018
12:00
Lovely £2.8m contract win whilst I was on hols, guaranteeing work from 2018 through to 2020. That's £4.1m of work won in the last month alone. And today we have a new substantial shareholder - Thomas Charlton has declared a 3% stake in PEG with 1.725m shares: Https://www.investegate.co.uk/petards-group-plc--peg-/rns/holding-s--in-company/201807181050030331V/ From his bio it seems he was on the Board at Mercury Asset Management, was a managing director at Merrill Lynch and is a director at Feedback PLC and involved at various other small caps, quoted and unquoted. Quite a powerful addition to the shareholder register.
rivaldo
09/7/2018
14:29
Think it would kick on more but feel there's an overhang here from the director sale on June 7 th ., It should move on after that's been soaked up .
tonytaxi
09/7/2018
12:58
hmmmm...looks like it thought this would kick on a little better
futuredlighter
09/7/2018
12:10
LOL - seems I went too soon.
effortless cool
09/7/2018
11:41
great news for Petards
futuredlighter
09/7/2018
11:36
Big new £2.8m contract with Bombadier. I have been tempted back in for £20k worth.
effortless cool
04/7/2018
09:43
That's what was being said when I bought at 10p-11p. I note that Bombardier have won another big contract to supply trains to Austria: Https://www.investegate.co.uk/bombardier-transportation--0qzp-/gnw/bombardier-and-austrian-national-railways-sign----/20180703154011H2991/
rivaldo
04/7/2018
07:03
I’m starting to believe that only an opportunistic takeover will re-rate the valuation here, it is drifting again, good news seem to be ignored!
bookbroker
04/7/2018
06:51
From today's Times - news that Bombardier and Hitachi have teamed up to bid for the massive HS2 contracts. PEG already have contracts to supply both of them: Https://www.thetimes.co.uk/edition/business/rivals-make-joint-bid-for-hs2-contract-rn9mgqkpg "Bombardier and Hitachi hailed “a landmark day for the UK rail sector” after joining forces to bid for the £2.75 billion contract for HS2 trains. The two companies, both of which had been shortlisted, are the only train builders with factories in Britain and analysts said their decision to team up could give them a decisive hand. etc"
rivaldo
03/7/2018
08:22
It's worth noting that Hybridan's latest forecasts per their new note are: this year - 2.15p EPS next year - 2.56p EPS putting PEG on a forward P/E of 9.1. Hybridan also see £1.23m net cash at the end of this year, rising to £2.37m next year.
rivaldo
02/7/2018
09:59
Hybridan have issued a new note today, concluding that a 40p share price would still be reasonable and that PEG trades at a significant discount to its sector comparators. In particular, they comment on the RTS acquisition and new Network Rail contract and say: "Network Rail is under well documented pressures to improve efficiencies. Automation of systems and digital enhancement are in our view an important part of achieving this. Indeed, Network Rail in its “Supplier Qualification System” (SQS) for potential IT partners” released in January, indicated that it plans to spend some £2bn on IT goods and services over the next decade. This is against a backdrop of £48bn pledged for rail network improvements by the UK government covering the period from 2019 to 2024. We believe that RTS’s specialist capability and strong relationship with Network Rail leaves it well positioned to pick up more work from Network Rail and its Tier 1 suppliers, both of which it already services. We understand that RTS is engaged in projects that will increase its profile as a trusted specialist service provider to Network Rail’s larger suppliers who lack the expertise in webbased, real-time safety critical applications. On a fully diluted basis, Petards trades on a current year PE multiple of 11.5x falling to 9.3x for 2019E and is on a price/sales multiple of under 1x. The 2019E EV/EBITDA multiple is circa 5x reflecting the strong balance sheet and lack of leverage." "We believe that Petards merits a re-rating to at least a mid-teen PE multiple. At 40p (72% upside), the shares are on a 16x FY2019E PE multiple which we do not believe prices in any significant growth from RTS. RTS was Petard’s second acquisition in a little over two years. The Board continues to keep an eye out for acquisitions that could expand the Group’s capabilities in fields including software, data analytics and services."
rivaldo
26/6/2018
17:10
It was a contract renewal so you would think it would have been priced into the sale of RTS by its owners, anyway not complaining. Hopefully one of many new contract announcements, this is still under the radar, could do with Simon Thompson discovering Petards!
rimau1
Chat Pages: 243  242  241  240  239  238  237  236  235  234  233  232  Older
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