Petards Share Discussion Threads

[rivaldo] 30/7/2015 08:32

Moving up again.

Online looks good too. You can only buy 35k maximum at 11.4p, but you can sell at least 100k at 11p.

[tiltonboy] 29/7/2015 13:46

Market is well bid at the moment. Perhaps we are coming to the end of the loose stock!

[21trader] 29/7/2015 13:21

100k buy at 11p like old times but the price drop was suggesting bad news and the update was the opposite so it deserves to be back at 12p minimum

[21trader] 29/7/2015 09:32

That 88k buy yesterday seems to have took all the size available out of the market I currently cannot get a quote to even buy 5000 shares with TDW

[rivaldo] 29/7/2015 08:38

From Beaufort Securities this morning:

"Petards Group (PEG.L, 10.50p) - Speculative Buy

Yesterday, Petards Group released its trading update for the half year ended 30th June 2015. The company’s profitability was in line with the Board’s expectations, with substantial improvement in margins in comparison to the previous year that may be ascribed to the modified product mix. Last year, the benefits from these changes were offset by lower margin hardware deliveries to the MOD in view of the RAF's SMRE project. Further, Petards would declare its interim results for the first half on 8th September 2015.

Our view: Petards strong results complement its plans to become highly profitable and cash rich. The company’s performance follows its over 100% rise in orders from MOD, Siemens, Bombardier and Hyundai Rotem along with higher number of contracts from its existing and new customers. Petards received orders worth £3m after a five-year framework deal with Siemens Mobility for the supply of Petards train related products and services. Further, the company plans to avail new opportunities in its relatively small scaled division of Emergency Services.

Petards’ expects its second half to be in line with its expectations largely due to its strength of contracts and pre-orders. Going ahead, we believe the company has bright prospects owing to its increased number of contracts and higher customer acquisitions. Therefore, we maintain a Speculative Buy rating on the stock."

[21trader] 28/7/2015 08:13

Should be trading nearer 12-13p though than 10-11p but poor markets

[tiltonboy] 28/7/2015 07:55

WHI re-iterate their 18p target...but once again will do SFA in supporting them.

Actions speak louder than words!

[rivaldo] 28/7/2015 07:22

A decent update today, with some confidence expressed even at this early stage that forecasts of 1.5p EPS for the year, or around £0.7m PBT, will be met.

I'd expect around £0.25m-£0.3m PBT for this H1, given the H2 weighting.

The current £4.2m m/cap, with a reasonable Balance Sheet, still looks good value to me on that basis.

[effortless cool] 04/7/2015 11:09

Off topic but worth a look, hopefully.

[tiltonboy] 02/7/2015 15:04

I still think there is plenty of loose stock around. Certainly 75k on offer at 11.1p

[rivaldo] 02/7/2015 14:33

RNS out - Downing continue to add. They've actually added another 580,000 since their last holdings notification in April and now hold 3.4m, or almost 10%:



Given that this is a mere £4.6m m/cap company one would think this kind of buying would at some point soon lead to a price rise!

[21trader] 15/5/2015 11:11

I think PEG should take a leaf out of stocks like MPOW and announce operating losses of 5.5 mil (market cap under 2 mil) and another placing (been lots) and
then watch the shares rise 50%.

[21trader] 11/5/2015 21:36

Fair dues you were correct on the action although once again there was more buying than selling including ISDX on that and again the mm's drop it. It certainly is hard work getting PEG to move upwards. Even 200k of buys last week only briefly
moved them up. Still think the company should Rns that news even if the value of the contracts are small.

[tiltonboy] 11/5/2015 08:59

Haven't sold any, and added another 140k on the recent dip below 11p.

[21trader] 10/5/2015 23:02

Buy back in quick tiltonboy :-))

[tiltonboy] 10/5/2015 22:58

I cant see it having any effect on the share price tomorrow.

[tiltonboy] 10/5/2015 22:51

ok...I can see what you are saying. I needed to read your comment again, not the article. I think a more accurate way of describing it would be 4-5 years of work. I thought you was implying that it was the equivalent of 4-5 years of PEG turnover.

[21trader] 10/5/2015 22:46

I assume PEG is doing all the work, the article seems to suggest it so work from anytime right up to 2019 on wards.

"One in three of ScotRail’s trains are due to be fitted with the sensors within the next two years"

"Two fleets of trains being ­introduced by ScotRail’s new operator, Abellio, from 2017 will also have them"

"Petards will supply the dev­ices for new trains on the east coast main line between Scotland and London from 2019"

[tiltonboy] 10/5/2015 22:41

Nope, still can't see it!

Please direct me to where I should be looking.

[21trader] 10/5/2015 22:25

Read it again. I made that mistake first time around.

[tiltonboy] 10/5/2015 22:23

I can't see any turnover figures, and the work is 4 years away!

[21trader] 10/5/2015 20:50

They should Rns this. It's 4-5 years worth of turnover if I'm reading the above correctly. Lets see how long 11.15p last in the morning

[rivaldo] 10/5/2015 07:56

Terrific coverage this morning here - is this a new contract yet to be announced (can't remember offhand)?



"Infrared beams ‘to help ScotRail ease congestion’
Sunday 10 May 2015

INFRARED beams are to be used by ScotRail in an attempt to reduce overcrowding on trains.

The technology will be fitted to carriages to detect how full they are, so passengers can be diverted to empty seats elsewhere on the train. It will also enable the firm to add extra coaches to services when there is sudden high demand.

The devices will be installed above carriage doorways to count passengers as they cross the beams.

These can tell the difference between those boarding and alighting from trains, and also count the number of people moving between carriages.

The move comes as rail travel becomes increasingly popular, with ScotRail passengers rising by one third to 91 million a year in the last decade.

One in three of ScotRail’s trains are due to be fitted with the sensors within the next two years.

Two fleets of trains being ­introduced by ScotRail’s new operator, Abellio, from 2017 will also have them.

Currently, some trains at busy times have carriages full to overflowing while others have plenty of spare seats.

The situation is made worse on longer, rush-hour trains, such as on the main Edinburgh-Glasgow line, because passengers cannot move from one half of the train to the other because they are formed of separate sets of carriages with no connecting corridor.

The new system would enable staff to more swiftly direct passengers to carriages with space before the trains depart.

Passenger numbers recorded by the beams will also be transmitted to ScotRail’s control room so staff can react quicker to surges in demand, adding additional carriages to later services.

A spokeswoman for ScotRail said: “The new passenger counting system will calculate how busy trains are.

“This will in turn help us guide passengers to less- crowded carriages where there’s more chance of getting a seat.”

The innovation was appl­auded by passenger watchdogs. Mike Hewitson, head of policy for Transport Focus, said: “Passengers welcome the introduction of new technology where it helps improve their journey experience.

“Being able to better match passenger demand with available carriages may help to reduce crowding.”

The move comes a decade after a previous ScotRail operator trialled using sensors which calculated how full trains were by measuring changes in air pressure.

The electronic equipment was attached to the carriages’ suspension

Gateshead firm Petards, which installs infrared technology on trains, said “train occupancy and passenger distribution is a major issue” for operators.

It added: “The use of passenger counting data allows train operators to optimise their fleet deployment.

“Over and under-occupancy journeys can be avoided by setting timetables and routes that match the measured passenger demand.”

Petards will supply the dev­ices for new trains on the east coast main line between Scotland and London from 2019."

[tiltonboy] 01/5/2015 13:52

Always stock around!