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PEG Petards Group Plc

8.50
0.00 (0.00%)
12 Dec 2024 - Closed
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 Shares Traded Last Trade
  0.00 0.00% 8.50 0.00 08:00:00
Bid Price Offer Price High Price Low Price Open Price
8.00 9.00 8.50 8.50 8.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 9.42M -1.05M -0.0173 -4.91 5.16M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 8.50 GBX

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Date Time Title Posts
19/11/202408:12Petard's Group - The Long Story1,852
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

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Posted at 12/12/2024 08:20 by Petards Daily Update
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 8.50p.
Petards currently has 60,705,039 shares in issue. The market capitalisation of Petards is £5,159,928.
Petards has a price to earnings ratio (PE ratio) of -4.91.
This morning PEG shares opened at 8.50p
Posted at 01/10/2024 09:14 by rivaldo
The downgrade to a small loss this year is surprising and unwelcome. Although Zeus say this is on a "precautionary" basis, given the uncertainty over contract delivery timings and a forecast improvement in H2, especially including the Affini acquisition.

I'm happy to stick here though. I like the look of Affini. QRO is looking great. Defence is somewhat moribund but should improve over time, and Rail only needs one or two decent orders to come very good indeed. The forecast for next year is for £0.6m PBT and 1p EPS.

The share price will probably be becalmed/drift down for a while following these interims unless the run of contract wins continues (although these don't seem to have saved this year's numbers). Plus there's the run up to the Budget as regards AIM shares.
Posted at 25/9/2024 17:08 by smithie6
indeed

well spotted

----

.(..if a MM has a few shares on his books in a rising share......doesn't do his annual profit report any harm)
Posted at 25/9/2024 14:56 by smithie6
..& well done PEG with the numerous contract wins.

(& that some technology being bought by the police will replace equipment from a different company gives a good feeling for the capabilities of the PEG/QRO equipment for ANPR).
Posted at 25/9/2024 08:03 by rivaldo
That's 5 contract win RNS's in the last 6 weeks....

This £0.4m contract is due to be delivered before the end of this year so should help deliver current forecasts.

The strategy of diversifying through the acquisitions of QRO, RTS and now Affini has certainly been successful and ameliorated the lengthy hiatus in UK rail. Now that rail is seemingly coming back, a PEG firing on all cylinders will be an interesting proposition if all goes well:
Posted at 24/9/2024 14:43 by rivaldo
Ooops - missed the big contract win just announced!

QRO win yet again - £600,000 to start with potentially rising to £800,000.

Not only are the contract sizes getting larger, but QRO are replacing competitor systems.....



"Petards, the AIM quoted developer of advanced security, communication and surveillance systems, announces that its subsidiary, QRO Solutions (QRO), has been awarded a contract worth in excess of £0.6 million for ANPR systems, with an option for the customer to increase this further to £0.8 million.

The contract is for the supply and installation of QRO's NASBox roadside ANPR systems to one of its existing UK police force customers. The new systems represent an upgrade to the customer's current technology and will replace systems previously installed by a competitor.

Deliveries are expected to commence in the final quarter of 2024 with £0.4 million scheduled to be delivered within the first year and the balance of £0.2 million before the end of the second year. The customer's option to increase the order value by a further £0.2 million to procure other ANPR equipment, may be exercised for deliveries within the next three years.

Raschid Abdullah, Chairman of Petards Group plc said:

"We are delighted at QRO's success in securing this significant contract and that one of the UK's largest police forces has again selected QRO to supply its ANPR technology."
Posted at 24/9/2024 12:51 by rivaldo
Must be some decent buying not yet reported given the share price is up 0.75p on not a single share reported traded as yet!

I was hoping the share price would fall back again for another top up, but sadly not the case. It seems that the latest acquisition, various contract wins and small indications of an uptick in the rail sector are causing a return to form.

Chart-wise this is the highest for 18 months.
Posted at 03/9/2024 20:28 by smithie6
well done PEG.
Posted at 13/6/2024 16:05 by doug74
So, PEG was sat on a pile of cash and common opinion was that the company was undervalued. It invests that cash in an acquisition and the company is today worth 14% less.
The main issue is not the assets or the business segments. It’s the management team. The market has no faith. Only once the current geriatric team has finally taken up sheltered accommodation, can a proper restructuring take place, removing excess layers and cost, take advantage of synergies across the 3 divisions, drive commercial focus, improve financial mgt. and control, revamp the web site, etc., etc. and…generate shareholder value.
Posted at 13/6/2024 06:28 by rivaldo
The results are a relative sideshow - the £2.8m acquisition is the big news for this now £4.6m m/cap company:

- highly profitable at £401k op.profit and £652k EBITDA
- prior 14 months saw £732k op.profit and £1.249m EBITDA
- 50% recurring income
- complementary industries and services offering synergies
- acquisition is mostly from cash (including o/d) and should be highly earnings-enhancing

It's somewhat of a gamble as it's using up PEG's cash pile. But it's good to see PEG taking the risk and upping the stakes.

The poor results are due to the hiatus in UK Rail - and to the £0.6m acquisition costs due to the nature of the transaction changing, which is too high. However:

- PEG have in the last Q4 cut overheads by £0.4m, and remained EBITDA-positive at £340k
- UK Rail is finally coming back to life
- QRO continues to be a lifesaver and Defence appears more promising now

If Rail really does turn positive then PEG has a long way to go from here.
Posted at 13/6/2024 06:10 by dealit
Results are not a nice read, what a sad state of affairs PEG are IMHO.
Petards share price data is direct from the London Stock Exchange

Petards Frequently Asked Questions (FAQ)

What is the current Petards share price?
The current share price of Petards is 8.5p.
How many Petards shares are in issue?
Petards has 60,705,039 shares in issue.
What is the market cap of Petards?
The market capitalisation of Petards is GBP 5.16 M.
What is the 1 year trading range for Petards share price?
Petards has traded in the range of 3.00p to 10.50p during the past year.
What is the PE ratio of Petards?
The price to earnings ratio of Petards is -4.91.
What is the cash to sales ratio of Petards?
The cash to sales ratio of Petards is 0.55.
What is the reporting currency for Petards?
Petards reports financial results in GBP.
What is the latest annual turnover for Petards?
The latest annual turnover of Petards is GBP 9.42M.
What is the latest annual profit for Petards?
The latest annual profit of Petards is GBP -1.05M.
What is the registered address of Petards?
The registered address for Petards is PARALLEL HOUSE, 32 LONDON ROAD, GUILDFORD, SURREY, GU1 2AB.
What is the Petards website address?
The website address for Petards is www.petards.com.
Which industry sector does Petards operate in?
Petards operates in the SECURITY SYSTEMS SERVICE sector.

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