Petards Share Discussion Threads

[bookbroker] 18/7/2017 15:44

Negotiate to redeem them!

[bookbroker] 18/7/2017 15:44

Negotiate to redeem them!

[effortless cool] 18/7/2017 12:55

bookbroker,

What on earth do you think that the directors can do to "address this convertibles issue"?

[bones] 18/7/2017 12:01

Bb, the market is currently not fussy:Small + AIM + illiquid = Speculative

[panic investor] 18/7/2017 11:46

Probably wants to visit the 25p support - great opp if it does

[bookbroker] 18/7/2017 11:17

Another concern I have is this friggin useless Govts. policy regarding rail franchises, it amazes me that the current businesses running the rail networks do not simply stand and say enough is enough, they are struggling to make any return the conditions are so onerous!

[rivaldo] 18/7/2017 10:47

Total volumes over the last couple of days are just over £10,000 - tiny! All that's happening imo is continued volatility in an illiquid stock and the MMs protecting themselves.

As we saw last week, any decent buying would similarly see the price up 2-3p.

Patience. And if you're positive about PEG then take this as an opportunity.

[bookbroker] 18/7/2017 10:38

I don't see this as a speculative share, solid earnings profile, ok it's having a mini correction, but the directors here need to address this convertible issue, otherwise it is heavy dilution, that is now being reflected here in the falls since April!

[bones] 18/7/2017 10:32

Lots of small cos have drifted 30% or more in the last three months. I own three like that. It's the market sentiment rather than company specific IMO. Speculative shares got overbought in run up to April. Might have to wait til the players are back in September for action in the markets.

[bookbroker] 18/7/2017 10:26

There is a lack of confidence in this company to deliver, and that convertible is a millstone around this companies neck!

[bookbroker] 18/7/2017 10:24

What the hell is going on here, we see a rebound and now retreat, these Abdullahs are not the right people here, this company needs a more independent direction, two guys as thick as thieves, this may have seen a re-rating, so why now the return, I want to know what margins these contracts are based upon.

[effortless cool] 15/7/2017 09:28

Thanks, pldazzle - I stand corrected.

[tonytaxi] 15/7/2017 08:12

Just a thought . CAF could make a bid for PEG ?

[pldazzle] 14/7/2017 21:42

EC (973) - On a point of order, they ARE (or are commonly believed to be) brothers. Apart from that, I share your sentiments!

[rivaldo] 14/7/2017 11:27

Re the above, worth noting that CAF are already an existing customer of PEG's:

[rivaldo] 14/7/2017 10:34

Nice rise. I wonder if it's partly prompted by this news story today:



CAF are opening a new £30m train building factory - more evidence of the boom in this sector:

Extract:

"Spanish infrastructure firm Sacyr also unveiled plans for a new office in London.

Richard Garner, CAF’s UK director, said it planned to increase its work in the UK, where it has more than £800million in contracts, at a time of huge development in the industry.

CAF is looking at contracts on the new HS2 high-speed line, having worked for major projects and companies including Heathrow Express, Northern Ireland Railways, Arriva Rail North and FirstGroup.

On Wednesday, CAF announced it was buying the Nottingham engineering consultancy BWB Consulting, to help with expansion plans."

[bookbroker] 14/7/2017 09:30

Stop surmising here EC., that is utter tosh, I want to see better oversight in companies, particularly small ones, there is a very thin pool of major investors here, and control essentially is held by the board!

[bookbroker] 14/7/2017 08:27

Need to see this taken over, do not trust the management here, they appear to be a bunch of bandits, two brothers in arms!

[basem1] 13/7/2017 17:29

£10m mkt cap for a co with £1.6m Ebitda and £2.3m cash. Coupled with £4.5m of recent orders......value will out !!!

[basem1] 13/7/2017 16:50

I can see some director buying coming at this level.

[rivaldo] 13/7/2017 09:43

Nice turnaround. The bounce has begun :o))

EDIT - maybe next time....

[basem1] 13/7/2017 09:16

Added another 10000 as this is an absurd valuation. Finishes unchanged or blue and support has held nicely. Fully expect that to happen.

[basem1] 13/7/2017 08:50

Managed 50000 at 26.9 What a steal.