Petards Share Discussion Threads

[pldazzle] 05/8/2019 08:15

Thanks Rivaldo, looks interesting. There's now a video on the Petards website:

[rivaldo] 05/8/2019 07:20

This looks very promising - a "world first" new product being launched next month:



"World’s first military 360 degree camera technology set to transform armoured vehicle vision

August 2, 2019

Petards have announced that they will be launching ‘eyeCraft360’ at DSEI London in September 2019. EyeCraft360 is world’s first military grade 360 spherical view camera system which dramatically improves local situational awareness for armoured vehicles without risking the safety of the crew.

Defence experts from around the world will be among the first to try out this brand new product, which instantly gives complete coverage around any vehicle including directly above it and below.

Developed in response to the growing need for improved close-range awareness, especially in the urban environment, eyeCraft360 provides a simple, rapid and cost effective capability boost for in-service armoured vehicles. It also helps to reduce accidents and damage when manoeuvring.

The system comprises a hull-mountable omnidirectional camera, a single rugged screen and an armoured cable to join them together. Thanks to the simplicity of the design, it is ready for use straight out of the box. Expensive and time-consuming integration is not required.

It avoids the need for any mechanical moving parts by digitally stitching and stabilising its inputs to give a seamless full 360 view at all times. Scott Patterson, Defence Director at Petards says ‘we are very excited to be able to bring together our defence expertise and our camera know-how to create an innovative product which will make a real difference in keeping vehicle crews safe. The reaction from serving and veteran soldiers who have seen it so far has been incredibly positive.’

More information including (the soon to be published) first video of eyeCraft360 in action is now available at www.eyecraft360.com. For exclusive pre-launch information, demonstrations and pre-orders please email [e-mail].

Due to the early interest in the product, Petards are recommending that those wishing to try it at DSEI this year contact them as early as possible to reserve a slot. Expressions of interest are also welcome from trusted worldwide companies who have regional market expertise and wish to help develop the technology further.

Petards are a global leader in data driven security, surveillance and communication technology. They are experts in developing defence, rail and traffic solutions that help deliver smart technologies. Their reputation, which is based on exceptional customer service, cutting edge technical capability and high quality products, has allowed them to build relationships with leading companies and organisations across the world, including Bombardier, Siemens, Stadler, Hitachi, BAE Systems, Leonardo and the UK’s Ministry of Defence."

[tonytaxi] 08/7/2019 13:08

What's happened to the new contracts promised?

[pldazzle] 02/7/2019 00:22

Video to back up Rivaldo's post 1308:



(though one does wonder whether the mention of Chris Grayling may not kill the whole thing stone dead!)

Interesting that DRL has several other new initiatives involving CCTV video. Presumably there's every chance that these are PEG collaborations too.

[rivaldo] 01/7/2019 08:27

PEG's systems are being used in a prototype train, with support from Porterbrook - and with "strong interest from train operators to develop a production version":



"Innovation from Digital Rail Ltd helps make railways safer
Friday 28 June 2019

An innovation to help reduce yellow line incidents was demonstrated by Digital Rail Ltd at the recent Rail Live event, an exhibition which brings the entire rail industry together in a real railway environment. Their RailSight® system assists the driver and guard by detecting anyone beyond the yellow line and alerts the driver’s display by highlighting the carriage door on a monitor. The system uses existing CCTV cameras supplied by Petards and does not impact on any existing systems.

Digital Rail Ltd Director Howard Parkinson explained: "We have a great team combining experienced engineers with a young team of computer graduates, many from Lancaster University, where our office is based. Our RailSight® system is currently a prototype and we have a strong interest from train operators to develop a production version. Rail Live was a welcome opportunity for us to show our innovation to the Railway industry. This could not have done without the support of Porterbrook who provided a whole train dedicated to new ideas and technology – the Innovation Hub. We received a lot of interest from a wide range of people, and had the opportunity to explain our ideas to the Secretary of State for Transport, Chris Grayling who made a point of visiting the Innovation Hub"

The company is involved in several new initiatives which build on the idea of using intelligent systems to interpret CCTV video. These include the yellow line safety improvements, identifying people requiring assistance at platforms (wheelchair users for example) and helping station staff to manage railways users.

etc"

[soundbuy] 21/6/2019 09:00

Cheers..............

[rivaldo] 20/6/2019 11:49

PEG is the fourth largest holding in Downing's UK Micro-Cap Growth Fund at 6.23% of the Fund, and their monthly newsletter just out today features PEG as follows:

"Petards announced that the year has started well, with performance in the first three months in line with budget. Order coverage for 2019 and forecast levels of transactional business for the remainder of the year are in line with the board’s expectations. Management’s focus remains on building on the current order book for
2020/21 where it is in discussions over new business, particularly in Rail Technology, where there are significant new contract opportunities."

[rivaldo] 30/5/2019 12:24

Five buys in 30 minutes of around 50,000 shares - strange, but encouraging :o))

[soundbuy] 30/5/2019 11:29

Interest again..........

[chunkster] 23/5/2019 15:34

The bid here is starting to look a lot stronger now. A good RNS in the next week would be nice. There is nothing really on the offer should push this the right side of 30p

[soundbuy] 21/5/2019 11:20

Another pop on 3k..........

[soundbuy] 21/5/2019 11:19

Yep......should take out the recent ATH in coming weeks given reasonable macro......

[rivaldo] 21/5/2019 10:52

Up again on a 13k buy. It seems there's a continuing shortage of stock here.

[soundbuy] 20/5/2019 16:42

Hmmmmm.......No L2 here.......

[soundbuy] 20/5/2019 16:41

Again a premium paid....... for less than £9k's worth........liquidity liquidity.....

[chunkster] 20/5/2019 16:40

Don't get the point in the 30k buy at 29 when there is 26k showing on level 2 at 28!!!

[chunkster] 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

[rivaldo] 15/5/2019 10:24

Good spot - 27.75p paid for that 20,000, well above the 27p published offer price.

[soundbuy] 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

[rivaldo] 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.

[bookbroker] 09/5/2019 08:28

Don’t see how, more likely to be taken over, just not large enough to make any meaningful acquisitions!

[chunkster] 09/5/2019 08:27

I get the impression ot won't be long before we start seeing some steady movement to the upside!!