Find Your Broker
Share Name Share Symbol Market Type Share ISIN Share Description
Petards LSE:PEG London Ordinary Share GB00B4YL8F73 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 28.00p 0 08:00:00
Bid Price Offer Price High Price Low Price Open Price
27.00p 29.00p 28.00p 28.00p 28.00p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 15.58 1.21 3.31 8.5 16.1

Petards (PEG) Latest News

More Petards News
Petards Takeover Rumours

Petards (PEG) Share Charts

1 Year Petards Chart

1 Year Petards Chart

1 Month Petards Chart

1 Month Petards Chart

Intraday Petards Chart

Intraday Petards Chart

Petards (PEG) Discussions and Chat

Petards Forums and Chat

Date Time Title Posts
09/1/201912:48Petard's Group - The Long Story1,235
09/9/201523:11Petards...winning lots of contracts 2013-2014735
21/1/201513:04Petards Group - The Long Story-
21/8/201416:23Petards is this the new PEG ? Shareholders look !52
18/12/201311:38*** Petards Plc ***2,528

Add a New Thread

Petards (PEG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-01-16 13:13:0427.5018751.43O
2019-01-16 10:39:3727.111,200325.32O
View all Petards trades in real-time

Petards (PEG) Top Chat Posts

Petards Daily Update: Petards is listed in the Support Services sector of the London Stock Exchange with ticker PEG. The last closing price for Petards was 28p.
Petards has a 4 week average price of 25.50p and a 12 week average price of 20.90p.
The 1 year high share price is 29.50p while the 1 year low share price is currently 19p.
There are currently 57,468,229 shares in issue and the average daily traded volume is 18,958 shares. The market capitalisation of Petards is £16,091,104.12.
rivaldo: Cheers tightfist, I missed Judith's talk so glad to hear it, as Downing Active Management own 6.3% of PEG! I'd be interested if you could private message me about what she had to say about GMAA.... Amazed to see the share price here drop yesterday, even after Monday's big rise. PEG were one of the big hits of the entire conference AFAICS, with everyone coming away extremely positive.
rivaldo: The current share price is now crazily cheap imho after recent falls given all we know about PEG's trading. Volumes have been tiny, and the stock is vulnerable to small selling given its size and lack of liquidity - and with it still being under the radar of most investors. A reminder of the outlook from only a month ago: "The Group continues to benefit from a good balance sheet and a strong forward order book of £20 million which has been further enhanced with the recently announced award of three contracts totalling over £6.5 million from Bombardier and Siemens." "The Board is also pleased with the performance of its more recent acquisitions, QRO and RTS, and continues to review other acquisition opportunities." "With the June 2018 order book containing revenues of approaching £10 million for the second half of 2018 and almost £8 million for 2019, the Board remains confident in the future prospects for the Group."
rivaldo: The share price has almost doubled in two years. I can see the same happening again if the company delivers on the optimism and confidence in the interims and continues to win contracts as it has been doing. And there's always the possibility of further acquisitions. The shares just need a little attention, as all micro-caps do, to bring them to the attention of the wider market. Another contract, or the next trading statement, should help things along.
rivaldo: Good to see an early £6k buy today causing an immediate tick up. Hopefully there's a lack of stock around. It wouldn't take much buying interest to get the share price up to or close to WH Ireland's 34p valuation given PEG's relatively small free float. 62% of the shares are held by the top 10 shareholders, including Miton Microcap, Charwell Investments, Downing Active, Chelverton Growth and well-known small-cap specialist Thomas Charlton.
bookbroker: Beginning to question the rational for holding these, contract wins has no bearing on the share price clearly, is that because the market believes they are achieving these by slicing the potential margin or the inability of the Abdullahs to inspire confidence in this company!
rivaldo: Hybridan have issued a new note today, concluding that a 40p share price would still be reasonable and that PEG trades at a significant discount to its sector comparators. In particular, they comment on the RTS acquisition and new Network Rail contract and say: "Network Rail is under well documented pressures to improve efficiencies. Automation of systems and digital enhancement are in our view an important part of achieving this. Indeed, Network Rail in its “Supplier Qualification System” (SQS) for potential IT partners” released in January, indicated that it plans to spend some £2bn on IT goods and services over the next decade. This is against a backdrop of £48bn pledged for rail network improvements by the UK government covering the period from 2019 to 2024. We believe that RTS’s specialist capability and strong relationship with Network Rail leaves it well positioned to pick up more work from Network Rail and its Tier 1 suppliers, both of which it already services. We understand that RTS is engaged in projects that will increase its profile as a trusted specialist service provider to Network Rail’s larger suppliers who lack the expertise in webbased, real-time safety critical applications. On a fully diluted basis, Petards trades on a current year PE multiple of 11.5x falling to 9.3x for 2019E and is on a price/sales multiple of under 1x. The 2019E EV/EBITDA multiple is circa 5x reflecting the strong balance sheet and lack of leverage." "We believe that Petards merits a re-rating to at least a mid-teen PE multiple. At 40p (72% upside), the shares are on a 16x FY2019E PE multiple which we do not believe prices in any significant growth from RTS. RTS was Petard’s second acquisition in a little over two years. The Board continues to keep an eye out for acquisitions that could expand the Group’s capabilities in fields including software, data analytics and services."
rivaldo: Absolutely agreed - for example it look's like there's been 87k and 100k sales this week. But selling can be for any number of reasons, whereas buying is much more interesting and is for one reason and one reason only - because the buyer believes the share price will increase.
rivaldo: Chelverton Growth Trust have just issued their interims to 28th February. In it they have this to say about PEG, in which they now have £460,000 invested: Https:// "Part of these cash proceeds were used to re-acquire shares in Petards, taking the shareholding back to the level we had previously held. These purchases were however at much lower prices than the previous shares had been sold at. The company has just produced a very positive statement and the future prospects look good and the share price has started to recover strongly."
rivaldo: Bonkers early markdown due to illiquidity imho. A strong bounce from here wouldn't surprise me. The deferred revenue would only have given rise to a £300k or so impact on PBT - and will benefit this year anyway. Plus PEG should be given some credit for recovering more than twice that amount - £0.7m pure cash - in the settlement. If that had been announced separately the share price would probably have risen 10%! Their rail markets are booming - domestically and globally - and their order books are extremely healthy. Plus their defence division is beginning to expand.
rivaldo: From the rather successful Chelverton Growth Trust's results yesterday - having top-sliced PEG at the peak (which may be largely the reason for the share price fall from the top given PEG's tiny £8.5m m/cap), they've been buying back again more recently. They now have 10.3% of their portfolio in PEG: Https:// "The holding in Petards plc was reduced as the share price moved up very sharply and then towards the end of the year the holding was modestly added to at much lower prices despite very positive interim results. Petards plc supplies sophisticated products to the rail industry and is building a very large order book to be delivered over the next two to three years."
Petards share price data is direct from the London Stock Exchange
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190117 10:49:19