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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 6626 to 6647 of 6700 messages
Chat Pages: 268  267  266  265  264  263  262  261  260  259  258  257  Older
DateSubjectAuthorDiscuss
30/1/2024
20:55
So net assets about £7.9m, of which intangible assets (capitalised internal hours) £3.7m that it appears the market thinks are worthless, market cap £2.1m (so 70% discount), cash £1.5m, P/E ratio of less than 4. There’s a hint of AI and the market reaction is? Half a pence with a delayed widening to the spread – 20%. Really? Hardly Silicon Valley or Cyberdyne. While disgracefully greedy and clearly disincentivising investors, the MM’s can’t take all the blame. The market places a negative value on the Abdullahs.
doug74
30/1/2024
20:17
Clearly, the news about the contract was leaked on the 29th. Just look at the trading pattern. Leaky board or broker. Please report.
dolittle1
30/1/2024
07:24
Intriguing news - QRO has been awarded a £0.4 contract for Artificial Intelligence (AI) enabled ANPR cameras.

It's the first such sale, so whilst the £0.4m is welcome it's the strategic value of the first such AI contract win which is most encouraging. Hopefully lots more to come:

rivaldo
26/1/2024
09:11
PEG's m/cap is now £2.1m after the trading update, against a cash pile of essentially £1.5m including the delayed receipt.

The below expectations update reflects the hiatus in train build industry expenditure, bur even so isn't a complete disaster as I assume QRO continues to trade well, resulting in a new WH Ireland forecast of a £0.6m LBT for 2023.

I just wonder what PEG would be worth if the 3 divisions were sold off separately. Surely a multiple of £2.1m?

WH Ireland - presumably after discussions with management - have retained their forecasts for this year of £10.9m revenues, £0.3m PBT and 1.1p EPS, with £2.3m net cash at the end of the year.

rivaldo
25/1/2024
09:26
Dave - i totally agree with you - the so called market makers (which is the last thing they are) actually ”steal” money from investors, without adding any value what so ever. This is really very bad for the reputation of the UK stock market and it is indeed strange that the LSE allow this to continue. They should have some form of penalty, confiscating ”profits”; when the spreads exceed say 2%. The other day i bought a £12.000 stake in a tiny company and within minutes the market maker took £1.300 as a ”go between” ! I am surprised this is legally OK at all.
baner
25/1/2024
08:37
2.5-3.5p

They are offering a max of 25k at 3.35p so basically that is a message from the mm's of "we'd love to screw anybody who sells at a ridiculous low price but we'll not let anybody buy and at a much higher price"

Getting worse these market makers atm

dave4545
25/1/2024
08:32
Help with revenue / cash targets possibly consider dropping all board members packages by 50-75% , let them feel the shareholders pain also ?,
partner
23/1/2024
12:38
Just put in a limit order and see what happens
fevertreeman
18/1/2024
20:05
Google "daylight robbery".
effortless cool
18/1/2024
18:43
Hi guys,
Just looking at PEG's share price. Bid / offer of 3.5p / 4.3p.
0.8 / 3.5 = 23%.
Can someone please explain that to me?

doug74
05/1/2024
10:49
For the record, Techinvest reviewed PEG's interims as follows:

"Petards Group
4.75p (PEG; AIM)

Results for the six months ended June 30 showed revenue down 20% to £4.4m and an adjusted EBITDA loss of £0.06m compared to a profit of £0.61m in the first-half last time. The post-tax loss was £0.3m (H1 2022: £0.1m). Cash generated from
operating activities was £0.25m and net funds at the period-end were unchanged at £1.7m (2.9p per share).

Against a difficult economic backdrop, we feel this was a reasonably resilient performance from Petards. Management reported that rail and defence markets remained challenging but rail tendering activities were significantly higher in
the period than in recent years. Full-year guidance was pared down as a result of the revenue drop in the first-half.

However, the outlook for the following year looks more promising, with first orders already received for a range of new product launches. Moreover, the order book remains stable at £4.0m, providing a reasonable underpinning for the confidence expressed by management in an improved second-half performance for the current
year. Hold"

rivaldo
03/1/2024
18:04
Yet another new major shareholder - Philip J Milton & Company Plc have notified they now have 4.29%, or almost 2.43m shares:



They're wealth managers from Devon:



The two Jons plus Milton have therefore bought and notified they're holding around 10.5% of PEG in the last month, i.e Charwell's stake and more (though of course the newbies may have held some stock beforehand).

It's indicative of something that the "disclosable interests" section of the Investors page on PEG's web site hasn't been updated since June 2017.....which reflects not only on PEG but also WH Ireland who "should" be on top of these things. You have to laugh.

rivaldo
14/12/2023
14:37
Well my shares would be available to vote them out .
partner
14/12/2023
14:25
What is the situation here ?

...that basically Raschid and Osman Abdullah are poor execs for a company doing what Petards does & they have no prior experience or qualifications in Petard's product area ...

& the co. has performed badly with them in charge

Is that a fair summary ?

-----

Are there not enough votes to remove them & bring in execs with a good track record in technology/IT/security cameras/rail IT ?

Or do a share merger of PEG with another company with opportunities for cross selling, & remove £1-2million in HQ costs (with the Abdullahs departing) ?

smithie6
14/12/2023
13:09
Remember that name from AEO he seems to be a value investor.



Usually does well

dave4545
14/12/2023
12:47
Another new major shareholder - another Jonathan (Hicking)! He now has just over 3% with 1.75m shares, so the Two Jons have now bought 6.26% between them:
rivaldo
13/12/2023
15:35
Charwell Investments Limited Cayman islands, Jonathan David Selby Cranston, who are these investors. All seems wrong IMHO.
dealit
13/12/2023
13:02
I do not think he bought them all after that dump, he probably already had a decent holding and then topped up to go over 3%.

Unless almost every single buy was his, he would have to be very quick with his fingers online

dave4545
13/12/2023
12:58
so he bought 1.8m of the 4.2m sold ?
and the rest of the slack taken up by by pi's on the day possibly looking at the volume if the mms hold none/very little. I guess some of those pi's will slowly sell on no news
I might take some interest at 3p

threeputt
13/12/2023
12:26
New major shareholder Jonathan Cranston now owns 3.22% (1.82m shares) - looks like quite an experienced company director - probably investing off his own bat on a value basis?





Looks like a forced sale of shares at any price from Charwell. Crazy.

Mind you, no director buying to be seen. Presumably not a closed period as we're still over two weeks before the year end (unless there are transactions or news flow ongoing).

rivaldo
08/12/2023
16:24
TR¹s depend on the buyer / seller reporting on time. I've seen some 6 months after the event before as they "forgot".
babbler
08/12/2023
14:20
"why would the market makers take on 4 million shares on their book?", well if someone has taken the 4m then there should have been another TR1 by now. Unless of course the 4m was spread across different entities
threeputt
Chat Pages: 268  267  266  265  264  263  262  261  260  259  258  257  Older

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