Petards Share Discussion Threads

[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!

[chesty1] 08/1/2021 10:12

hhhmmm it does look that way Tony.

I was going to add here but have gone into GMR instead....not sure why & probably picked the top.

PEG imho will announce a nice piece of news within January imho! hhhmmm but what let's see!

Be lucky to all

[partner] 08/1/2021 09:21

Well my holding was built on the news currently known , where the share price had been and the movement down on both news and covid implications on the market in general, back last year.Sit tight for me.

[tonytaxi] 08/1/2021 09:02

That RNS is the equivalent of saying ... it wasn't us who leaked the information to our friends....

[rivaldo] 08/1/2021 09:01

A pleasingly minimal reaction given PEG's normal illiquidity. It seems that buyers are happy to pick up any shares as they become available.

[chesty1] 08/1/2021 07:51

I do love them RNS’s

It can drop from 25p down to 5p and nobody asks the co to confirm if they know of the reason for the drop! To go from 10p to 18p and they have to comment!

Guessing someone has picked up on news but not finalised just yet

Will add a few if it dips

Be lucky to all

[honestmarty] 08/1/2021 07:24

An early bath after that RNS.
Might be worth a nibble on the dip.

[chesty1] 07/1/2021 13:24

IG showing 19.4p/20p

Edit - was a very tight spread for a mo 19.4/19.6p

Let some sell it will turn back up!

EDIT-

After those sales now 18-18.9p will attack 20p again soon.

[rivaldo] 07/1/2021 13:17

Buying at 20p now....up 20% :o))

A decent 1p spread too at 19p-20p.

[chesty1] 07/1/2021 13:00

20,000 shares dummy buys / sells

BUY @20p / 18.52p

They don't want day traders then haha!

[tonytaxi] 07/1/2021 11:54

Halifax quote auto 5000 @ 18.5. But refer for a 10,000 buy.

[chesty1] 07/1/2021 10:31

Showing 19.4232p to buy with IG

[partner] 07/1/2021 10:30

Can anybody get a price to buy electronically ?.

[chesty1] 07/1/2021 10:28

WOW now that's a step north!