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Share Name Share Symbol Market Type Share ISIN Share Description
Petards Group Plc 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% 27.00p 26.00p 28.00p 27.00p 27.00p 27.00p 10,187 07:47:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 20.0 1.1 2.0 13.4 15.52

Petards Share Discussion Threads

Showing 6176 to 6200 of 6200 messages
Chat Pages: 248  247  246  245  244  243  242  241  240  239  238  237  Older
DateSubjectAuthorDiscuss
15/5/2019
10:30
Told you not long now and I believe we will be seeing this push break th 38.5p high a good while back
chunkster
15/5/2019
10:24
Good spot - 27.75p paid for that 20,000, well above the 27p published offer price.
rivaldo
15/5/2019
10:05
So..........no firm quote for 20,000.........
soundbuy
15/5/2019
09:59
Premium paid for just 20k.....stock that tight or T20.......hmmmm
soundbuy
13/5/2019
08:12
Good to see a 1p jump up today on just a £4k buy.
rivaldo
10/5/2019
09:05
After any announcement regarding the "number of significant new contracts...in the offing" as detailed yesterday, you probably won't see the share price for dust given the lack of available shares. And the two RTS and QRO acquisitions over the last 3 years brought in almost £400,000 of PBT alone - pretty material for a £14m m/cap company forecast to make £1.52m PBT and 2.65p EPS this year. Another acquisition adding a further £150k-£200k of PBT would take the rolling EPS to around 3p.
rivaldo
09/5/2019
08:28
Don’t see how, more likely to be taken over, just not large enough to make any meaningful acquisitions!
bookbroker
09/5/2019
08:27
I get the impression ot won't be long before we start seeing some steady movement to the upside!!
chunkster
09/5/2019
07:29
Aye,comforting read..........
soundbuy
09/5/2019
07:19
A good AGM statement today. Nicely in line, and the order book for 2019 has increased since the year end to £14.6m from £13m, i.e this year's forecast revenues are already two-thirds covered. And it seems we should have "significant" contract news soon: "management's focus continues on building on the current order book for 2020/21 where it is in discussions with its customers over new business across the Group, in particular for Rail Technology where a number of significant new contracts are in the offing." With the rail investment phase now completing, QRO and RTS performing well, and more acquisitions explicitly stated today as on the cards, PEG looks in good shape going forward.
rivaldo
08/5/2019
08:52
Cheers AISHAH. Looking encouraging online - you can sell 30k at 24p, but only buy a maximum 15k at 25.9p.
rivaldo
08/5/2019
07:55
Ta..........
soundbuy
07/5/2019
15:54
Latest Techinvest comments that shares look undervalued and repeats its buy rating.
aishah
03/5/2019
11:48
Agreed......
soundbuy
03/5/2019
11:17
Good to see a couple of ticks up this week, including after a 30k buy this morning.
rivaldo
01/5/2019
15:13
Oooh, cheers, missed that (I skipped to the portfolio summary). A great shame as there aren't that many small cap funds around. It'll take up to two years, so plenty of time yet.
rivaldo
01/5/2019
12:54
Hi Rivaldo You missed out the next bit about the winding up of the fund & the sale of all their holdings ‘Given the decline in the size of the Company (resulting from the program of tender offers and the recent decline in asset values) and the inevitable impact which this has had on the expense ratio, the Board has decided to formally pursue a strategy for winding up the Company and maximising the value for Shareholders from the remaining assets. As and when value and liquidity are restored to the AIM traded shares these will be realised, with the cash proceeds being used firstly to settle all outstanding liabilities at that time and secondly to return value to Shareholders via a further tender offer or buybacks. Subject to the valuation of any remaining illiquid assets at that time, the Board will examine the most tax efficient manner of returning value to Shareholders. ’
rhomboid
01/5/2019
12:34
Chelverton Growth Trust has just issued its results, and they had this to say - they have a £500,000 stake in PEG: Https://www.investegate.co.uk/chelverton-grwth-tst--cgw-/rns/half-year-report/201905011225367649X/ "CEPS is being built up by the growth of its underlying investee companies and by strategic "bolt-on" acquisitions. The results have, in common with any developing company, been difficult for shareholders to interpret, however we are confident that there is significant value that in time will become clearer. Much the same could be said for Touchstar, Petards and Universe which are all making progress and appear to be undervalued at this time since the share prices have not risen to reflect this progress."
rivaldo
25/4/2019
20:12
Canadian aerospace and defence manufacturer Bombardier has slashed its full-year revenue forecast from $18bn to $17bn due to timing of aircraft deliveries, production challenges in its train-making division and unfavourable currency conversions.
rimau1
23/4/2019
11:11
Cheers for that........
soundbuy
23/4/2019
08:27
New Buy tip for PEG - "big upside potential" with 2.65p EPS forecast this year: Https://masterinvestor.co.uk/equities/petards-group-this-minnow-has-big-upside-potential/ "Petards Group – this minnow has big upside potential By Mark Watson-Mitchell 18 April 2019 Despite its size this group is a global leader in the provision of security, surveillance and communication technology solutions. In the technology sector, these shares are seriously undervalued and due a re-rating. When Petards Group (LON:PEG) announced their 2018 finals last Thursday, the company’s shares fell back from 25p to 22p in reaction. On the face of it, from what I can see, the shares of this advanced technology company are going the wrong way; however, it does give investors the opportunity to pick some up a lot cheaper than previously offered. Established some 60 years ago, Petards Group was listed on AIM way back in 1997. On the Rail side, which makes up about 60% of group sales, it puts together digital on-train surveillance subsystems for fitment to new build or retrofitted to existing rolling stock. These video and sensor systems include applications for Driver Controlled Operation (DCO); for Automatic Selective Door Operation (ASDO); and for condition monitoring, saloon car CCTV, drivers view cameras and automatic passenger counting systems – all of which are marketed under the ‘eyeTrain’ brand. Petards’ solution systems have been designed over the years, in close collaboration with both the train operators and the train builders. They help to maximise safety and performance, at times when passenger numbers are ever increasing. Rail clients include: Bombardier, Stadler, Siemens, Hitachi, Govia Thameslink, Southern, Northern, South Eastern, Gatwick Express, KiwiRail, Virgin Trains, WM Trains, Transport for London, Network Rail, South Western, LNER, C2C, GWR, ScotRail and Porterbrook. The Traffic division of the group centres especially around its Automatic Number Plate Recognition (ANPR) camera-based surveillance technology. It is used to monitor any situation involving traffic, from police speed enforcement solutions to public toll roads and digital signage for commercial premises. Its ‘ProVida’ system overlays detailed information regarding incidents and crimes, such as dangerous driving and speeding, onto captured video footage, which can later be used as evidence in a court of law. ProVida is a Visual Average Speed Computer (VASCAR) system. It is a standalone, enabling it to be used without a full in-car computer system and it can be used when moving or stationary, with the target vehicle travelling in the same direction, in front or behind the surveillance vehicle. These systems are sold to UK and overseas law enforcement agencies and UK based commercial customers, such as Cheshire Police, the Home Office, Thames Valley Police, Hampshire Constabulary, The services offered by the Defence part of the group are based upon leading innovation in complex, technology focused solutions and software for land, sea and air. It works for and with national and international military organisations, prime contractors and highly accomplished third parties to design and build ruggedised electronic solutions for a wide range of applications and purposes. It creates specialised military and commercial communications systems. It provides electronic defensive countermeasure systems for fitment to rotary and fixed wing aircraft, threat simulation systems and mobile radios predominantly for the UK Ministry of Defence. This division boasts an impressive list of clients, including the Royal Air Force, the Army, the Royal Navy, the Ministry of Defence, BAE Systems, Leonardo and Stadler, NATO Oman, amongst many others. For the whole of this group I am impressed by its list of clients and I understand that its order book, for this current year and next, is already at substantial levels. That workload will have been boosted, no doubt, by its latest £1.5m plus contract from Bombardier Transportation, announced late last week. For that company Petards is to fit its eyeTrain video and data solution in to its Aventra trains – adding further to its installed base with Bombardier. This group, valued at a mere £12.6m, has 57.5m shares in issue of which some 74% are in firm hands. Apart from the Board holdings, fund investors include Downing Active with 6.3%, Miton UK Microcap with 4.6%, and Chelverton with 3.5% of the equity. I consider that they are all on to a winner with Petards. Although it is in a fairly competitive and international market place, it does seem to offer what its clients are seeking and, as its order books increase, I see its profits moving forward at a faster rate. For the current year brokers Hybridan are looking for £19.4m of revenue and pre-tax profits of £1.52m, worth 2.65p per share in earnings. At only 22p that puts the shares of Petards Group out on a current year 8.3 times rating, whereas I would rate them out on at least 15 times, which would be about 40p. In the technology sector, these shares are seriously undervalued and due for a re-rating."
rivaldo
16/4/2019
09:22
With 2.4p EPS forecast this year - and a £1m cash pile - a 23.5p share price looks pretty cheap to me. Especially with £14m of this year's forecast £19.4m sales already secured by order books (including £1m from the new £1.5m contract win) - up from £12m at the same point last year. R&D expenditure is stated to be "much lower in 2019", which will help cash flows and thereby the potential for further acquisitions. Development costs will be matched amortisation-wise to sales of the upgraded/new products as is customary. The results will be H2-weighted, but the market is used to this - and PEG is in a better situation to most companies because they've already secured most of the necessary orders for the year. It's encouraging that there is evidently demand out there for EC's stock. Given the potential for new contract RNS's, and the confidence in the outlook as below, I remain optimistic, especially at this current share price: "The Group has a strong pipeline of new contracts under negotiation which it is anticipated will add to the orders for delivery in the second half of 2019 and for 2020. These together with the Group's strong market position provides the board with confidence in its prospects for the year ahead".
rivaldo
15/4/2019
20:25
Well, I was a bit too pessimistic above. My valuation is actually just below 20p, rather than well below, although I do feel it is vulnerable to the downside.
effortless cool
15/4/2019
13:25
I was very disappointed with the recent results, which clearly reflected the impact of various issues that we had been given no prior indication of. Also, with hindsight, I find it hard not to be now suspicious regarding their delayed publication. For example, the big step up in capitalisation of development costs may, in practice, have led to extended discussions with auditors. I fear for the 2019 H1 results. Revenue will likely be down on the prior year due to the H2 weighting already flagged and profits will be adversely impacted by amortisation - the inevitable eventual downside of capitalising all of those development costs. I'm still working through my numbers, but my valuation will be falling to well below 20p. I was very pleased to be able to exit my position in dribs and drabs above 23p today and will be looking for it to fall back below 15p before I would even consider buying back in. Good luck to holders - I hope I'm wrong.
effortless cool
12/4/2019
10:40
Cheers LeoInvestorUK. To clarify, WH Ireland have noted PEG achieving 2.1p EPS for last year - slightly ahead of their forecast 2.0p EPS - with 2.4p EPS forecast this year. They also see the cash pile increasing to £1.5m at the end of this year from the current £1m.
rivaldo
Chat Pages: 248  247  246  245  244  243  242  241  240  239  238  237  Older
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