Petards Share Discussion Threads

[rivaldo] 30/3/2021 09:36

For the record, Chelverton Growth Trust are major shareholders here with a £250,000 holding, and they said this today in their interims:



"Touchstar has made some positive announcements in the past six months following its period of reorganisation. Petards is some way behind, but should, in the course of the next 12 months, evidence the positive impact of the remedial work it has been undergoing. In both cases, once trading picks up, operational gearing should drive profits forward."

[rivaldo] 22/3/2021 09:49

Robotics Tomorrow are covering PEG's new armoured vehicle eyeCradt 360 camera system:



"The next annual conference on Future Armoured Vehicles Situational Awareness, which is taking place virtually on the 12th and 13th April 2021, is the industry's only event dedicated to enhancing situational awareness technology for armoured platforms....

....This year's event highlights will include exclusive addresses presented by leading figures within the field:

• 360 Degree spherical video explained by Petards: In a presentation entitled "Feedback from User Trials of 360 Degree Spherical Video on Armoured Vehicles," Mr Scott Patterson, Defence Director, Petards, will introduce the eyeCraft 360 camera system that solves local situational problems for vehicle crews and dismounted personnel. The presentation will also cover the implications caused by human factors as well as its other use cases."

[rivaldo] 22/3/2021 09:14

A 15k buy at 16p just now has caused a 1p rise :o))

There must be very little stock around.

[partner] 12/3/2021 14:38

We could do with a few more buys ,put some pressure on ....

[chesty1] 12/3/2021 14:17

Starting to look quite tasty here again.

[rivaldo] 12/3/2021 13:36

Looking good - a nice 50,000 buy at 16p has done the trick today.

[partner] 12/3/2021 12:21

MMs willing to buy large quantities at above bid , not sure on the buy side.....

[rivaldo] 09/3/2021 10:07

Indeed - a 70,000 share buy at 15p....

[chesty1] 09/3/2021 08:58

Gone blue with no trade showing....Delayed trade to follow me tinks.

[rivaldo] 08/3/2021 09:34

A nice 25k buy at 14p has caused a jump this morning.

I also noticed this in the Times:

"Hitachi puts high-speed UK building plan in train

The Japanese manufacturer of Britain’s intercity express and Javelin high-speed trains has committed to building more of its rolling stock in the UK.

The announcement from Hitachi Rail comes as competition hots up for the contract to assemble trains for the HS2 high-speed link between London, Birmingham and beyond.

The plan also could mean that Hitachi will become one of the first companies to benefit from the chancellor’s 130 per cent tax “super-deduction” for investment in new plant and machinery that was announced this week....

....Its main competitor for the work will be Siemens, the German company that yesterday unveiled the new Tube trains it will build for the Piccadilly line on the London Underground.

Siemens is building a plant to make rolling stock at Goole on Humberside. It will go into production in 2023 with the aim of building half of the 94-train order for the Piccadilly line, with the rest coming from Siemens’ facility in Vienna."

[rivaldo] 05/3/2021 07:22

The Times this morning highlights the rail sector as a big beneficiary of the Chancellor's Budget tax incentives for investment.

Note that Hitachi, CAF and Siemens are all PEG customers:



"Another beneficiary could be train manufacturing, which is surging as Hitachi invests in Co Durham, CAF opens a south Wales plant and Siemens builds a factory on Humberside."

[wakeland] 25/2/2021 12:19

Thales consortium picked up a big order from UK defence, similar system for armoured vehicles that Peg have. Seems they are farther down the road and past the trial stage but it does show there is a big market for the technology. Just depends how Peg system stacks up against that of a major such as Thales.

[chesty1] 25/2/2021 11:44

Well it has given us a bit of volume!

[pldazzle] 25/2/2021 10:55

Rivaldo - link is:

[rivaldo] 25/2/2021 09:11

For the record, in today's new Shares Magazine there's a special Growth and Innovation supplement focusing on four companies, one of which is PEG with two pages of coverage.

It concludes as follows, including this hint on further acquisitions:

"At the year ended 2020 it reported closing year end cash balances of £2.2 million and a net cash position of £1.2 million. It also reported a year end £12 million order book of which £10 million is currently scheduled for delivery in 2021. It also noted that economic conditions are presenting good quality acquisition opportunities in the privately owned sector."

[rivaldo] 11/2/2021 07:23

The 2020 year end trading update is out.

It's not too bad for a £7.8m m/cap hit by the pandemic - £13m revenues and a tiny loss, with almost a net £1m in the bank (after subtracting deferred VAT).

In particular, the order book for this year is £10m already, with an H1 weighting which means these upcoming results should look good.

There's also a very stong hint that there could be a transformational acquisition on the way, presumably funded by a mix of cash and equity/other finance. the pandemic could be a source of big opportumity if PEG can pick up a cash-distressed company or two on the cheap.

[partner] 09/2/2021 11:59

Me too Chesty.

[chesty1] 09/2/2021 11:05

Well I was expecting more news by now....Was the reason for the rise a bit of pumpy...Who knows but happy to hold & see!

[partner] 01/2/2021 09:33

Despite drop back,on line purchases are very difficult. Most quantities entered met with a refusal.

[chesty1] 28/1/2021 16:32

hhhmmm Dropping it back on very low volume.

[partner] 22/1/2021 10:42

Well we appear to be back to tight limits to buy electronically.

[tonytaxi] 21/1/2021 14:57

Chesty .. you were lucky

[chesty1] 12/1/2021 13:36

Was gonna top up @15.9p but missed it.

[rivaldo] 12/1/2021 13:34

Certainly interesting that every dip seems to simply attract more buying.

[chesty1] 11/1/2021 15:40

We know of no reason for the rise, honest guv nothing to see here! Give it a couple of weeks let's see!

One things for certain, no real sell off!