Promethean Share Discussion Threads

[cupra kid] 15/9/2010 16:37

Possible double bottom? Time will tell.

[ukinvestor220] 15/9/2010 15:40

nice finish uncrossing at 119

[ollyb10] 15/9/2010 14:47

Disappointing drop here again today..... they look such good value at this price, the tide has got to turn soon...!?

[ukinvestor220] 15/9/2010 14:41

these are nicely cheap again here - give it a go w/ tight stop

[ramage] 10/9/2010 11:51

t.t - NT was just updating his site on trades made during his recent holiday in Devon.

[sadone] 10/9/2010 04:18

What program does anyone use to open a .flp file ?

[toby tots] 09/9/2010 09:00

How could NT have bought these shares at 118p when they havn't been that price
for over two weeks?

[gs430navmw] 08/9/2010 20:45

Not convinced myself. IMO there are better products by other manufacturers for similar or less money.
Schools I know of appear to favour others too

[sbabbab] 08/9/2010 18:56

The Naked trader has tipped PRW today:


Promethean World (PRW) has been one of the worst IPOs this year slumping badly ever since admission. However at the current price it looks too much of a bargain so I snapped some up, 3,000 at 118 with a medium term view and a target of 150. Stop 110. I think the market has got this one wrong and is scared of schools not being able to spend in the UK. But the UK is not its market! The USA is a massive market with very few schools over there having access to interactive whiteboards and other tools. I have the feeling this could be a nice winner with a return to the issue price of 180 a possible.

[nellie1973] 03/9/2010 17:15

Broker upgrade-BUY

[aaainvestment] 27/8/2010 15:24

halfpenny - because they don't need to, there is no pressure on sales reported and the company is expanding as planned.

Why the suggestions inferring that the wheels have fallen off the business plan, its utter rubbish and IMO you may well be paying much more for the shares in future.

All IMO, DYOR

[halfpenny] 27/8/2010 09:05

just a thought... why dont they get schools to rent the items as oppose to buying. This will not be an impact on the schools CAPEX only OPEX.

[halfpenny] 27/8/2010 09:03

maybe more drops starting today, and yes its probable is a dead cat bounce....

waiting to get in at a good price below £1.... this will balance agsinst the risk of School budgets impacting the sales going forward.

[aaainvestment] 26/8/2010 12:28

halfpenny - It could be!

Remember "Only fools rush in" then again "He who hesitates is lost".

Hope that helps.

[halfpenny] 26/8/2010 12:02

do you think £1 is a good time to get in ? is this a dead cat bounce.....hmmmm

[nellie1973] 25/8/2010 16:07

Tipped in press.

[aaainvestment] 25/8/2010 12:00

The PE ratio for a growth company is great and if they pay the second half dividend on the same basis as H1 even on a flat performance it pays 2.5% for the year.

I can't see that anything went wrong with the first half performance and the fall seems to be due to disappointment that results did not beat expectations and anxiety over the second half rather than any failings - pretty pathetic really when there is no concrete or even inferred evidence to suggest a problem.

As the CEO suggested Obama has just shown his commitment to maintaining education standards by authorising an additional $25bn spend on staff alone. Here, Cameron is committed to backing education and takes every opportunity to harp on about his family man credentials.

It is interesting to see in the company vidio of the breifing yesterday that Northern Europe has really not started to spend heavily on this technology yet, bearing in mind thats where the bulk of European money is, specifically Germany where the economy is now shifting up a gear - surely these countries offer massive growth opportunities. In practice the doom and gloom in the UK about governement spending cuts is somewhat acedemic as the market is relatively small and mature in any case.

All IMO, DYOR

[tsmith2] 25/8/2010 10:16

Promethean World is a company that aims to bring the classroom into step with the iPad generation, offering technology such as tablets for students and electronic whiteboards for the tutors. The stock came under huge pressure again yesterday, falling 19.9% despite a generally well-received half-year trading statement. The longer-term trends and the company's solid fundamentals mean buying now could well pay off, so buy says the Independent.

Promethean trades at less than 12 times forecast earnings for 2010 and the stock looks undervalued. It may have lost its star status but the growth story remains intact and the current weakness could provide a buying opportunity despite the current volatility suggests the Times.

[tsmith2] 25/8/2010 09:24

L2 looking very good

[halfpenny] 25/8/2010 08:22

wow wot a drop looks like below £1 on the way with education market taking a big hit from Government cuts around the world.... these products are nice to have not a must have so sales will fall hence the drop....

The boards must be easy to copy in China ..... so other players will come in at a cheap price... cant see any value here at these high prices...

beware of a dead cat bounce..... waiting for below £1... even 80p

[tsmith2] 24/8/2010 15:02

could be an interesting last 1/2 hr..

[tsmith2] 24/8/2010 10:30

121k trade as an NT at 121p - probably explains to early fall..

[tsmith2] 24/8/2010 09:32

just listened to the presentation - looks like a very good opp.

will be walked up during the rest of the day

[simon gordon] 24/8/2010 08:52

Alphaville - 24/8/10:

Ocado has competition.

Not from Tesco or one of the other big supermarkets groups, but a maker of interactive whiteboards called Promethean World, which is now a genuine contender for the worst UK IPO of 2010.

On Tuesday morning in London, shares in Promethean dropped 17 per cent to 123p after the Lancashire-based company issued a disappointing trading statement that triggered downgrades from analysts, and fuelled concerns about the impact of government spending cuts on future sales.

First, here's David Toms of Numis:

[narindg] 24/8/2010 08:45

i have taken my bounce -in at 118 out at 124 - good luck nurdin