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PEG Petards Group Plc

7.75
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Petards Group Plc LSE:PEG London Ordinary Share GB00B4YL8F73 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.75 7.50 8.00 7.75 7.75 7.75 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 10.87M 524k 0.0093 8.33 4.38M
Petards Group Plc is listed in the Security Systems Service sector of the London Stock Exchange with ticker PEG. The last closing price for Petards was 7.75p. Over the last year, Petards shares have traded in a share price range of 3.00p to 8.25p.

Petards currently has 56,528,229 shares in issue. The market capitalisation of Petards is £4.38 million. Petards has a price to earnings ratio (PE ratio) of 8.33.

Petards Share Discussion Threads

Showing 6576 to 6599 of 6700 messages
Chat Pages: 268  267  266  265  264  263  262  261  260  259  258  257  Older
DateSubjectAuthorDiscuss
06/12/2023
16:59
Am i right 80k sale halfs the value of company?
balcony
06/12/2023
16:37
Won't get to 2p. Seen it many times before when desperate seller sells to another holder at desperate price. Guess we find out who later...
babbler
06/12/2023
16:31
The mm's expecting us to pay 3.5-4p when they paid 2.125p for 4 million

Some people are far too generous

dave4545
06/12/2023
16:28
Think the reason has just been printed !!.
partner
06/12/2023
16:24
A 'know of no reason' statement from the company would be nice after a near 50% fall
boffster
06/12/2023
16:12
Rivaldo

Sadly I think you might struggle to put a gloss on this share now !

smithie6
06/12/2023
15:32
1.4m net buys published = about 2.5% of the company bought. So there's a gigantic sell order being filled - probably holding above 3%. Any ideas who the forced seller might be?

Could be good for a bounce when that trade is published. I wonder what price. Guessing around 2.5p.

bozzy_s
06/12/2023
15:10
Wtf, may the people in charge burn in hell
dolittle1
01/12/2023
20:18
We can only hope this new product will turn loss into profit sooner than later.
dealit
01/12/2023
11:30
Agreed. Now if only the ghastly Abdullahs could get off their comfortable backsides & start delivering some sustained commercial progress......their track record is truly abject, and I feel for the staff...
fevertreeman
03/10/2023
21:42
Hope the Abd really suffer...
dolittle1
28/9/2023
11:54
May some people burn in hell.
dolittle1
26/9/2023
12:14
Unfortunately the Raschids hold a large stake in the business and shifting them from the gravy train would probably be very difficult.
arthur_lame_stocks
26/9/2023
10:32
One comment to-day says it all;

'The outturn for the year will be below current market expectations'.

Sadly, the lights went out here years ago

truffle
26/9/2023
10:14
Not just terrible, utterly disgraceful esp given Raschid Abdullah's Chairman's outlook statement at the FY results in May:

"At 31 December 2022 the order book stood at just over £4 million (31 December 2021: £7 million), most of which is scheduled for delivery in 2023. We are now seeing encouraging signs for new projects, particularly in the new build and retrofit rail rolling stock market, for some of which we are currently in active negotiations.

Management is continuing to drive the Group’s development forward, and the Board’s objectives for 2023 are for improved results, strong cash generation and to further strengthen the Group’s portfolio of businesses.”


On every bloody metric, this business is being driven in reverse. It is crystal clear that there needs to be change at the top, and quickly! Management has no handle on their core markets: misleading FY comments about Rail outlook compounded by naive comments about the defence performance which seemed to surprise them.

So many questions here? Do they have the right team dealing with Rail and MOD? Do they have a proper understanding of timescales? Where is the evidence of reducing reliance on UK rail market which they have been moaning about for last 3-4 years.
Why have they have progressively & drastically reduced spending on R&D? Why are their Admin overheads so high and why havent they done anything about it? Why are they not investing in sales & marketing?
Truly dreadful - the Abdullahs are solely responsible for this continued shambles and dont seem to care about s/holders or staff for that matter. Another utterly dreadful set of results

fevertreeman
26/9/2023
07:54
Terrible set of results. I will be keeping these sadly to off put Capital Gains in my portfolio.
dealit
26/9/2023
07:18
Sack Abdulla.
dolittle1
25/9/2023
20:34
Results imminent based on today's trading pattern
dolittle1
11/9/2023
15:10
Am certainly not holding my breath. This has been a dreadful investment made worse by the appalling lack of management vision, effort & transparency.
fevertreeman
11/9/2023
09:29
Results should be out in the next two weeks.
dolittle1
31/8/2023
17:01
We are 9 months into the current year and absolutely nothing has happened of any consequence, no new contracts, no acquisitions...its shameful, especially when one considers the ridiculous situation that the Abdullah's didnt actually release FY results till MAy!, 4 months after the year end, when s/holders were treated to this rubbish from Abdullah:

"Management is continuing to drive the Group’s development forward, and the Board’s objectives for 2023 are for improved results, strong cash generation and to further strengthen the Group’s portfolio of businesses.”

Clearly he had been reading a different script given FY results that showed (1) Revs had dropped 30% (2) OProfit -60%(3) Cash generation -20% (4) Order book down 40pc.

Increasingly this looks like a lifestyle company for the Abdullahs. Perhaps the plan is to hoard cash, tick the business over, & then launch a cheeky bid to take it private, whereupon suddenly things pick up. I dont know but hard to see any other explanation for the neglect I witness...:
A quick look at the AR shows
1. Average salary is a hefty £47,753 (wages & salaries of £3,868m divided by 81 staff)
2. Of that 81 staff, a staggering 23 are in admin (28%) with only 5 in sales!!! hardly the stats of a business intent on driving sales.....
3. Admin expenses at £5.3m are huge for a business generating £10m & they barely made any dent in that figure toreduce it
4. In 2022 the firm more than halved its spending on R&D to £247,000
( 2.3% of revenues) from £553k in 2021, which is fairly extraordinary for a business
that bangs on about innovation...

I think you get the idea....

fevertreeman
21/8/2023
20:55
Ask dropped to fill that 50k buy.
dolittle1
10/8/2023
15:16
Just me doubling up haha!
chesty1
10/8/2023
13:14
Code 1 issued - RNS imminent
dolittle1
Chat Pages: 268  267  266  265  264  263  262  261  260  259  258  257  Older

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