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% 21.50p 21.00p 22.00p 21.50p 21.50p 21.50p 2,176 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 15.3 0.9 2.6 8.3 11.99

Petards Share Discussion Threads

Showing 5951 to 5974 of 5975 messages
Chat Pages: 239  238  237  236  235  234  233  232  231  230  229  228  Older
DateSubjectAuthorDiscuss
12/1/2018
08:52
Good to see the bounce as hoped, but still cheap imo. WH Ireland this morning have a 30p fair value even on just an in-line rating for the sector. They cut historic EPS to 1.4p, and "conservatively" retain their existing 2p EPS forecast for this year. PEG now have a £2m cash pile (£1.3m at 31/12/17 plus today's £0.7m). This rises to £3m at the end of 2018 - almost 30% of the £10.9m m/cap. The ex-cash m/cap stripping out the £2m cash is now a historic 11.4, falling to only 8 for the current year. With: - a very strong order book for 2018 - £1m additional revenues for 2018 - £2m and rising net cash - booming markets I continue to believe PEG have very good fundamentals and prospects.
rivaldo
12/1/2018
08:15
To be fair, Rivaldo, they need a salesman to write their updates! That was a downbeat sounding update and even attempted to mask this by opening with the expected "beat" due to one off unrelated issues that has helped with cash balances - welcome though that is.
bones
12/1/2018
08:08
Bonkers early markdown due to illiquidity imho. A strong bounce from here wouldn't surprise me. The deferred revenue would only have given rise to a £300k or so impact on PBT - and will benefit this year anyway. Plus PEG should be given some credit for recovering more than twice that amount - £0.7m pure cash - in the settlement. If that had been announced separately the share price would probably have risen 10%! Their rail markets are booming - domestically and globally - and their order books are extremely healthy. Plus their defence division is beginning to expand.
rivaldo
12/1/2018
07:59
It's a small profit warning and pretty much as I feared might be the case in my last post. In other words a softening of their markets. They are struggling to keep up with eyeTrain demands and the future stream of business isn't huge. No mention of their other lines either, like the security and number plate readers.They need a new eyeTrain contract or two to get orders up to previous levels.I will remain on the sidelines here for now.
bones
12/1/2018
07:56
Though underlying PBT below expectations.
wjccghcc
12/1/2018
07:22
Order book next year looks pretty healthy....IMO...DYOR
qs99
12/1/2018
07:21
Trading statement - PBT to be above expectations.....so likely to be around 2.3p EPS. Good news is a recovery of £0.7m cash under a settlement. Bad news is that £1m of revenues have been deferred to this year, so that's merely a timing issue and will benefit this year's PBT. In particular the visibility of revenues for this year bodes well: "the Group continues to trade profitably and enters 2018 with an order book of £18 million. Over £12 million of this is scheduled for delivery in the coming year and the Board remains confident of the Group's future prospects."
rivaldo
04/1/2018
15:57
Cheers chunkster, that's good news. Happy new year Oak Tree and everyone else. Given the outlook in September's interims I'm hopeful that 2017's - and 2018's - results will be good: "The results for the first half of the year and a strong order book that includes almost £8 million of revenues scheduled for delivery in the second half of 2017 and nearly £11 million for 2018 providing good support for the current year and a foundation for 2018. "That growth in product development and projects has been financed from its own resources without recourse to shareholders or debt demonstrates the strength of the Group. "Against this backdrop and on-going customer discussions for new projects, the Board continues to be confident about the Group's future prospects."
rivaldo
03/1/2018
13:51
Can't even buy £500 pounds worth at this level online!!!
chunkster
02/1/2018
12:10
Happy New Year everyone. Any ideas what gave rise to the large increase in the share price this morning? There was a BBC news headline about rail prices rising fast so budgets from its customers won't be under pressure compared to other ares of the economy. But for that prise rise I'd be expecting its been tipped strongly as a New Year NAP somewhere? http://www.bbc.co.uk/news/uk-42536159
the oak tree
15/12/2017
15:00
Few releases to come now which will be significantly dilutive for a few core holders. Will be interesting to see if any of those up their holdings to retain percentages going forward.
noujay
14/12/2017
12:38
Just announced - yet another substantial contract win for Bombardier for their Aventra carriages, which as I noted earlier PEG have regularly supplied: Https://globenewswire.com/news-release/2017/12/14/1261937/0/en/Bombardier-Wins-Rolling-Stock-and-Maintenance-Contracts-for-c2c-Franchise-in-the-UK.html "Bombardier Wins Rolling Stock and Maintenance Contracts for c2c Franchise in the UK December 14, 2017 07:16 ET | Source: Bombardier Transportation - Fleet of 60 AVENTRA vehicles to add capacity and improve journeys for commuters into London - Additional contract will see Bombardier maintenance service teams ensure more reliable service BERLIN, GERMANY--(Marketwired - Dec 14, 2017) - Note to editors: To view the photo associated with this press release, please visit the following link: BOMBARDIER AVENTRA trains for UK's c2c rail franchise network Rail technology leader Bombardier Transportation has signed a contract with Porterbrook and c2c, to supply 60 new BOMBARDIER AVENTRA vehicles for use on the United Kingdom's c2c rail franchise, together with an eight-year maintenance and support services contract. The overall value of the rolling stock and maintenance contracts are valued at approximately 105 million GBP (120 million euro, $140 million US). The maintenance contract will run from the introduction of the trains until November 2029. etc"
rivaldo
14/12/2017
10:19
Great to see Thomas Charlton buying here on his own account, going above 3% with 1.16m shares: Https://www.investegate.co.uk/petards-group-plc--peg-/rns/holding-s--in-company/201712081557578728Y/ Here's his biography - former board member at Merrill Lynch and at Mercury: Http://www.4-traders.com/business-leaders/Thomas-Charlton-05JWKZ-E/biography/ "Mr. Thomas W. Charlton is on the Board of Directors at Feedback Plc and Panvista Technologies Ltd. Mr. Charlton was previously employed as Executive Chairman by Pinnacle Staffing Group Plc and a Managing Director by Merrill Lynch Investment Managers. He also served on the board at Mercury Asset Management Group Plc.
rivaldo
12/12/2017
12:46
Thanks Rivaldo, good find. It does appear good news. Having probably had too many company announcements some time back, we now don't have enough. Hopefully we'll get to a happy medium in due course. Chart looks terrible but they often do before reversals. Am hoping for a better 2018 from Petards. These small caps can go in and out of favour fast....its only worh some £7m at todays price. “Our modern Aventra trains will be built in the Midlands for the Midlands, and will transform the travel experience for passengers on the new West Midlands Trains franchise,” said Richard Hunter, the U.K. managing director for Bombardier Transportation. “This is part of a huge investment happening up and down the country and will make a real difference to passengers,” said Chris Grayling, the U.K. secretary of state for transport. “We are delivering the biggest rail modernization program for over a century. West Midlands passengers will see longer, more frequent trains, faster journeys and a more reliable service for passengers.”
the oak tree
12/12/2017
11:04
Just announced a few minutes ago - Bombardier have won another huge contract to "to supply 333 new rail cars, along with a contract for maintenance work, with a U.K. rail company" - these will be new Aventra trains: Http://business.financialpost.com/pmn/business-pmn/bombardier-signs-deal-to-sell-aventra-trains-in-united-kingdom Petards have regularly RNS'd contract wins for Bombardier's Aventra trains. There's every reason to believe that this new contract will provide another big bonus for PEG. WH Ireland still forecast 2.1p (fully diluted) EPS for the year about to end, and 2.3p EPS for next year.
rivaldo
12/12/2017
09:30
Same as yesterday afternoon you couldn't even but 500 shares!!!!
chunkster
12/12/2017
08:50
mm's offering nothing online at 18.5p
dave4545
11/12/2017
13:50
Why would you buy over 3% of a company now with this board meeting pending?
chunkster
07/12/2017
22:12
Final thought here, from me. The RNS about the Loan Note conversion proposal including a reasoning for doing it before end of 2017; "... the Board does not wish to enter 2018 with the outstanding Loan Notes of GBP1,479,872 showing as current liabilities as it believes this may have an adverse effect on the perception of the Company from both a commercial and investment perspective..." Perhaps they want to put the company up for sale? Food for thought, maybe!
bones
07/12/2017
22:03
Clues can often be gleaned from a company's cashflow statements to see what's happening in the engine room. One of the ongoing criticisms of PEG has been its inability to turn its profits into cash. I was always wary of a sense of massaging of profit by judicious capitalisation of software development and this has not changed. The interims in September gave us a cashflow statement that I did not like much to be honest, especially the stark increase in both debtors and stock levels. Both of these factors robbed PEG of a lot of cashflow and caused the sharp decline in cash from a year ago. What does this tell me? I think it speaks of the dangers of doing business with ever larger, more powerful customers who basically can have you on a stick with regard to the time they take to meet their payments (hence increased debtors) and the amount of product you need to have on the shelf to service these larger contracts (hence the stock levels). With much increased debtors, you would expect to see increases in turnover but that did not really materialise. Likewise, stock has increased markedly from a year ago yet cost of sales was not much increased. Creditors also went up meaning it took longer for PEG to pay their suppliers (probably because of the time it took to get paid). It's a common danger for small businesses in any walk of industrial life. So, yes, for me, on reflection too many danger signs here of a potential profit warning or a danger of over-stretching the bank in an effort to keep up with customer demands. Losing the interest payments on the convertible loans will help cash of course. maybe it has become more pressing to accelerate the conversion? I don't know that but I need to wait for the next update before a toe-dip is warranted. Like I said before, should the price crater nearer to 10p with no news, it is probably a buy for me as a sheer punt on oversold signals. All IMHO and based on a fairly cursory glance at the recent RNS releases.
bones
07/12/2017
21:35
I was lucky enough to sell out in the low 30s here but I keep looking at this and, with the share at below 18p, ask myself what has changed in the business outlook itself? I am not aware of changes trading-wise apart from the spectre of re-nationalisation of the railways being threatened by a possible Labour government. However, a lot has to fall into place politically and economically for that to become a reality in the next few years. I do think there is a technical situation with PEG shares due to the bringing forward (potentially) of the 8p loan conversions. It is logical for investors to sell (or sell short) ahead of a swamping of shares at 8p potentially coming onto the market. The selling pressure that a herd of profit takers will cause suggests it should be shorted or at least not bought up ahead of the dilution. That said, when is the crossover point where the share is "cheap" regardless of the dilution prospects. The diluted PER must be getting well into single figures now. That leaves the last question of whether the market has caught a sniff of softening in the marketplace for PEG's eyeTrain and other products. after all, there has been no recent announcements of new or renewed contracts. It has all gone eerily quiet. Even this BB has not had an entry since Icebreaker's sounding off! The contrarian in me says the negativity is just too overwhelming! I am tempted to have a nibble but just nervous of a profit warning in the next update. So, I will hold off for now unless the price continues to crater further.
bones
24/11/2017
19:11
I have tried so hard with this company to convince them that their cost base is too high. I have worked with their competition in the past and have explained where they are going wrong. I have spoken with their accountants in Guildford and their operatives in Newcastle and frankly, its hopeless! I think they are total fools!
icebreaker
24/11/2017
15:51
I agree. Silly cap here now (and I include the convertibles in that)
noujay
24/11/2017
14:25
Buying coming in and common sense starting to return.
rivaldo
Chat Pages: 239  238  237  236  235  234  233  232  231  230  229  228  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:33 V: D:20180117 03:28:41