Petards Share Discussion Threads

[qs99] 20/6/2017 16:12

think this had got oversold anyway, so due a bounce IMO

[the oak tree] 20/6/2017 14:51

Excellent "potential" news. Such a huge order.We could be seeing a fundamental change in getting new rather than refurbished trains. And on this scale and our small size a buyer could emerge....?" The change of direction for South West highlights a transformation in the rolling stock market, with new trains becoming cheaper to buy than leasing older ones from the banks that own them."

[rivaldo] 20/6/2017 14:38

Great spot steviebaby - at 750 cars this is "the largest AVENTRA train order ever".

Let's not count our chickens yet - but there could/should be a lot of chickens to count :o))

Remember that May's contract win was for AVENTRA trains too:

"The new contract, which is worth £3 million, is for the supply of Petards eyeTrain systems to be fitted to five and ten car BOMBARDIER AVENTRA Electrical Multiple Unit (EMU) trains to be built by Bombardier."

[noujay] 20/6/2017 14:04

Looks positive

[steviebaby] 20/6/2017 13:46

Hopefully good news for suppliers of Bombadier ?

Derby-based Bombardier beats German rival to £900m train contract

[bookbroker] 19/6/2017 10:34

Seems to have been a bit of an overhang here, I see no reason others than for the pullback, despite the strong rise in the last twelve months, that merely reflects an improved earnings profile, but this should be higher to reflect the recent large orders, irrespective of whether they are predominantly in the UK!

[the oak tree] 13/6/2017 18:36

It's a chart thing. The share price has increased a lot this past year. It's having a breather and during that time sellers have emerged as you'd expect. It didn't help the director selling his options, but personally I have no problem him doing that. At some point these people often need to cash in and buy that house or whatever. It therefore needs to fall to a level people feel it's worth buying again. And that will fuel the next upward movement. For me that level would appear to be the last main support level for the shares which is approx 27p to 30p . And I see us going side ways for some time and then the next rise to new highs. Ofcourse this only works if the company continues to produce good growing results. Imho I see them producing on the upside of what I see from the forecast figures I'm looking at. Imho

[basem1] 13/6/2017 13:06

My trade went through on the ISDX exchange

[basem1] 13/6/2017 11:06

Managed to get 25000 at 31p

[bookbroker] 13/6/2017 10:59

Need a nice little opportune bid to come in here, a good product, decent order book, undervalued, is it the convertibles that are pinning this down!

[basem1] 13/6/2017 10:42

This has got to be cheap ? Is the market worried about next years prospects or are we just waiting for the chart to play out ?? I've been watching for about 3 weeks and always thought 31p would be a good entry point.

[bookbroker] 06/6/2017 09:41

Courant, that is fine, the order book is pretty full through 2017/18, gives them visibility, still time to win orders abroad!

[rivaldo] 02/6/2017 15:15

Agreed - but PEG have been so successful in the UK, and signed up various new major multinational customers, that there's no reason why they shouldn't replicate such sales overseas.

[courant] 31/5/2017 13:52

rivaldo, just to point out, I don't think Petards have made any substantive EyeTrain sales outside of the UK? Stadler, Hitachi, etc. are all manufacturing UK rolling stock where petards kit has been fitted. Not to say the market isn't there, but it's riding on the coattails of UK contracts.

[rivaldo] 30/5/2017 14:26

Nice positive turnaround today.

I'm happy to hold for a while yet. Revenues are nicely secured going forward, whilst I can see more and bigger contracts being won as the core train building sector continues to thrive worldwide.

And additionally PEG should continue to grow Emergency Services and ANPR (via QRO) - and particularly Defence, where there are surely huge global possibilities in electronic countermeasures, information systems etc.

[courant] 30/5/2017 12:54

I have sold out here now. Tidy profit and the rail business is clearly doing well, but I worry that there is a lack of investment in future products here. E.g. from the 2016 AR:

"Following a year of relatively light investment, in 2016 the Group increased its investment in product development. This investment totalled
£785,000 (2015: £283,000) of which £645,000 was capitalised (2015: £66,000). The capitalised costs relate to the Group’s eyeTrain products. It
remains that the Group is committed to developing its products and services to maintain and grow its market position and service its
customers"

Yes, more money is going in but my estimate is that this is light and likely to need to increase going forward. Given the not stupid cheap valuation, the upside for me here now looks more limited. Still not a bad business, but I like lots of margin of safety!

[chesty1] 30/5/2017 11:09

Thegegg1 welcome to the screen club!!!I also held these a long time ago, picked some up recently at an average of 31p I have now dumped the lot and made a small profit.Not sure where this is going from here but needed funds for my oil plays. So many got mugged off as screen and seriously hurt my p/f all of them years ago.Be lucky to all

[thegegg1] 30/5/2017 09:36

Just found out that my 6159 Screen/Petards share certificate is worth more as a piece of toilet paper......What a bummer, pardon the pun!!

[thegegg1] 29/5/2017 20:01

Can anyone help me? Id like to know what my holding is worth.
Purchased 6159 Screen (Now Petards) shares at 0.1575p in September 2000 at a cost of £970.04.

I know they're not worth much now but just wanted to know if i could swap them for an empty bag of salt & vinegar crisps or am i being too optimistic???

Regards

[bookbroker] 26/5/2017 09:30

So abdullah has sold all the allocated shares exercised by himself, maybe now the price rise, I suppose one cannot blame him for cashing in, he'll have a hefty tax liability to receive a little!

[panic investor] 25/5/2017 12:58

starting to get a little annoying though !

[chunkster] 25/5/2017 11:42

This happened a few months back from 32.5p down to 24.5p but 3 months after we were at 39p. There has to be some sort of tick down every so often when a share has moved like Petards has in the last year.

[panic investor] 25/5/2017 11:07

added to that placements on KWS and FEVR !

[panic investor] 25/5/2017 11:06

yes you just never know PFC RGB etc etc

[bookbroker] 25/5/2017 10:49

I'd like too, had a few in PFC, amongst others, things were going ok until last Friday, turned me a wee cautious for now!