Petards Share Discussion Threads

[chunkster] 11/7/2017 14:05

But someone is quite clearly selling and has been for some days now

[panic investor] 11/7/2017 13:48

its summer

[basem1] 11/7/2017 13:44

Not a case of who's selling the whole market seems devoid of buyers at present.

[panic investor] 11/7/2017 13:20

I did the same, will wait, plenty of support levels below

[chunkster] 11/7/2017 13:17

You can buy as many as you like by looks of it on line. Just tried 15k worth and give me a price of 29.3. I never filled the trade it has been like it for days now makes you wonder who's selling.

[basem1] 11/7/2017 13:00

27p would be a corking entry point !

[bookbroker] 07/7/2017 15:18

I'd like to join you, but enough on the plate here already, I'll wait for a turn in sentiment!

[martinthebrave] 07/7/2017 15:13

Just grabbed a few more 30.75p. As I thought they were great value before todays fall they are even better value now.

[bookbroker] 07/7/2017 15:03

It's all well and Hybridian putting a a positive note, but they should be recommending the stock to their clients to put the stock back on a positive trajectory, right now it is still negative, the terrific run they tout was simply a re-rating!

[bookbroker] 07/7/2017 14:46

Why is being sold, ever since one of those Abdullah's exercised options we are off twenty five percent almost, orders keep coming in, so what is the problem, this co. Has had a good run, but it is time for it to be taken over, it is a minnow and if they cannot improve value the directors should put a for sale sign up!

[bookbroker] 05/7/2017 15:07

This co. is essentially undervalued, I don't have an opinion about the share price retreat, other than what is stated above as regards the move already in the last twelve months, however I look at the order book and the consistency of earnings going forward through the next two years, so we are at a point where much of the progress is factored in, but the contracts won in the last three months certainly give this company more visibility!

[rivaldo] 05/7/2017 13:40

Hybridan have issued a new 6 page report on PEG, which concludes as follows FYI:

"Yesterday’s new business wins for the defence division, from both a Government agency and a major equipment supplier is a pleasing uptick for a division which was reported to have had a relatively slow Q1. The rail division by contrast has already announced new business wins of over £7m since the year end.

Following a terrific performance in the shares, they have paused for breath somewhat over the last month, down 6.8% and are some 19% below their year high of 38.5p. We certainly see scope for the shares to break back through this level and are confident that our full year expectations will be met.

At current levels, the shares are on a fully diluted current year fully diluted PE of 14.8x. As at 31 March, the order book was £21m with £13m scheduled for delivery this year. Yesterday’s orders serve to further underpin our forecasts for 2017 and to establish a foundation for further growth in 2018. The Company has net cash
and as such is on an EV/EBITDA multiple of just over 5x."

[rivaldo] 04/7/2017 11:48

PEG almost trebled in less than a year. It needed to - and has - consolidated for a while now. The upcoming interims should be rather good. Patience should bring further rewards imo, as it has done to date.

[the oak tree] 04/7/2017 10:19

It could be the bond hanging over it. Be keen to know what others think of that? I'm happy to let time go by and see these eventually revalue. As I've said before the amount of new contacts they have won I'd me very surprised if they weren't at better margin. And we don't need that much better margin to filter through to the bottom line in a meaningful way. Remember the market cap is only £11.5m basically nothing much good is priced in. Value will out as they say!

[truffle] 04/7/2017 10:14

Contract wins are always good news, but there has to be something more here than just contract wins and occasional share sales by the Chairman.
Not sure what the overall corporate strategy and vision for the company is. Where does it want to be in 2-3 years time? It would be good to see a real strategy spelt out for all to see.
I remain a holder but on a reduced basis, until I see a clearer way forward.

[bookbroker] 04/7/2017 09:59

These contracts not mean anything to the market, what does this company require to do to increase attention on its progress, either they are winning them by factoring in ultra low margin, or the market is obssessing about the convertible bond expiration looming!

[noujay] 04/7/2017 08:04

More contracts, more visibility, very positive.

[bookbroker] 04/7/2017 07:41

Now we need the share price to start reflecting these contract wins, like to see some foreign orders, surprised to see this tack back so far since last announcement!

[rivaldo] 04/7/2017 07:23

£2m of contract wins for the Defence division - including £1.5m of new contracts and a £0.5m renewal.

These fall almost entirely into 2018, thus further guaranteeing a considerable portion of next year's forecast revenues.

And it's great to see the Defence division stepping up and winning more business, diversifying PEG away from reliance on Rail:

[bones] 28/6/2017 19:13

And PEG is 20% off its high too. I just think it's a quiet period without a lot of news and prices are drifting as MM's seek business?

[bones] 28/6/2017 19:09

LOL, Panic Investor. No, mostly shares that recently raised funds where I got in quickly and proceeded to near double in early 2017 but the froth is off since April. Examples, TRIN (my only O&G currently), VRS, N4P and WEY.These were partly funded by sales in PEG as previously posted here a while back.I hope for recovery to recent highs but I think summer will be quiet!

[panic investor] 28/6/2017 17:49

Blimey bones what have you got resource companies ?

[bones] 28/6/2017 17:08

All my "small company" shares are off between 20% and 40% in the last two months. It's a market wide swing in sentiment. Not a Petards issue IMO.

[bookbroker] 28/6/2017 16:29

Disappointing to see this back to early part of year after contract wins, very frustrating, for a small co. stock with decent order book going forward I'd like to have seen it at least on a higher rating!

[bookbroker] 28/6/2017 16:29

Disappointing to see this back to early part of year after contract wins, very frustrating, for a small co. stock with decent order book going forward I'd like to have seen it at least on a higher rating!