gretel
14 Apr 2016
Trading ahead of expectations Very nice RNS's today indeed 
)) - trading slightly ahead of expectations - earnings-enhancing acquisition - more acquisitions in the pipeline - "strong backing from the Group's existing order book" - "the Board anticipates that both the first half year and full year results will show good progress against those achieved in 2015." The QRO acquisition is not only on a P/E of only around 8 assuming full earn-out - but QRO also bring in £0.9m cash compared to the £1.26m consideration!
gretel
08 Apr 2016
Up again... Continuing to move up on more buying interest...looking good.
kracken
08 Apr 2016
sp 2% rise a day is good for me
gretel
07 Apr 2016
Moving up on small buying - no stock? Good to see a mere £3k of buys today causing another tick up - looks like there's no stock around.Bit of a chart uptrend developing.A P/E of only 10 would give 40% upside from here - and in addition PEG have £2.5m net cash against a £5.3m m/cap!
gretel
17 Mar 2016
P/E of 7, £2.5m cash Hybridan's new post-results forecasts are:this year : 1.79p EPS, £0.83m PBTnext year : 1.89p EPS, £0.89m PBTAn acquisition would presumably result in well over 2p EPS.
gretel
16 Mar 2016
Good results, forecasts increased Results were nicely ahead of expectations. EPS of 2.19p is well ahead of 1.5p forecasts (and the 1.62p adjusted EPS is too).And PEG has £2.5m of cash against a £5.2m m/cap, with convertible repayment still some years away (though there's an excess of payables over receivables).The company is flagging acquisitions now, giving a sense of the confidence in the business and the positive outlook with the strong order book for the current year.WHI have upgraded their EPS forecast by 9.7% to 1.77p, and they have an 18p target.Interesting to see the focus on potential acquisitions here:[link] "Team Valley technology firm Petards embarks on acquisition trail 15:10, 15 Mar 2016The firm, which works in the rail, defence and emergency service markets, intends to grow into a 'larger and more prosperous business'" Extract:"Chairman Raschid Abdullah said: “As a result of the past two years positive trading, improved balance sheet and financial robustness following our initial turnaround, we are now well positioned to pursue an earnings enhancing acquisition strategy.“We intend to expand the group into a larger and more prosperous business. The board has under review a number of potential businesses to acquire and we will of course be keeping shareholders fully advised of our progress.”Directors said the firm has a strong opening order book, together with recently-received orders providing £11m of revenues scheduled for delivery in 2016, meaning Petards is well positioned to achieve another good year’s performance in 2016.The firm went into 2016 with an overall order book of £16m and active negotiations are ongoing to secure new projects.During the course of the year the group secured a number of significant orders for its eyeTrain systems from train builders that included Siemens Mobility Germany, Bombardier Transportation and Hitachi Rail Europe."
tiltonboy
01 Mar 2016
Re: All quiet Figures not too far away, but no trading statement this year to give us a clue. Share price hasn't moved for a month!
kracken
01 Mar 2016
All quiet Any thing going on with this company?Seems very quiet for a long time.
gretel
10 Dec 2015
£1.2 billion of new rail investment Yesterday saw the announcement of £1.2 billion of rail investment in new trains and services for the North. A portion of this will surely come PEG's way, with £400 million invested in 281 brand new air-conditioned carriages:[link]
gretel
23 Oct 2015
Encouraging RNS just out ....not only in respect of the confidence in rearranging the Balance Sheet to allow the payment of dividends, but also in the narrative, including:[link] the past two years the Group has made good progress. Revenues for the year ended 31 December 2014 more than doubled to £13.5 million on which the Group made a profit after tax of £620,000. The Group's interim results for the six months ended 30 June 2015 showed a similarly strong performance generating profits after tax of £356,000, up 30 per cent. on those achieved in the same period in 2014. Operational cash generation over such six month period was £558,000 and resulted in cash at bank at 30 June 2015 of £2.0 million. Consolidated net assets as at 30 June 2015 grew to £2.8 million.The Board believes that the Company operates in growth areas and that it has the products and services plus available technical and technological skills to develop new products as well as the sales and marketing abilities to become a larger and more successful operator in each of the sectors in which it operates. The Group's relationships with its predominantly international 'blue chip' and government agency customer base and their strength, often global, in the sectors which the Company serves gives rise to the opportunity to develop the Company's business through the provision of good quality professional service in support of its existing and future product ranges.Investment in new rail transport rolling stock has continued to benefit from government initiatives around the world and a number of independent studies suggest that this is unlikely to change in the foreseeable future. The Directors are confident that UK rail operating franchise renewals over the coming years will result in new opportunities for the Company's products and services. The Company's position as a long established 'value added' re-seller within the UK defence industry is expected to continue to provide a platform to develop this area of the Group's business. Further, the Board believes that with additional management attention and resources being devoted to it, the Emergency Services has the potential to make a larger contribution to Group revenues and profits.It is these business strengths and confidence for the future which have led the Board to recommend that the building blocks to create distributable reserves be put in place.etc"
izzy bear
12 Oct 2015
Re: RNS - new With no Bank Debt, £2 million in cash, a Healthy order Book and only 34 million shares in issue, Petards looks in a very strong position, and in my opinion could be around 20p plus by Xmas, certainly one to Buy and hold , as the shares seem cheap at the current price.
gretel
12 Oct 2015
RNS - new £1m+ contract for this £5m m/cap company, which underpins next year's 1.66p EPS forecasts and presumably exemplifies Bombardier's confidence in their products:[link] award worth in excess of £1 millionPetards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded a further contract to supply Bombardier Transportation ("Bombardier"
with Petards' eyeTrain systems. The new contract, which is worth in excess of £1 million, is for the supply of eyeTrain saloon and Driver Only Operation (DOO) systems which will be fitted to new four-car Electrostar Electrical Multiple Unit (EMU) trains to be built by Bombardier. Petards' deliveries are anticipated to commence during 2016 and to be substantially completed by the end of that year. Commenting, Petards Chairman Raschid Abdullah said; "We are delighted that Petards' eyeTrain systems continue to be the system of choice for fitment to Bombardier's Electrostar trains. This order adds to the hundreds of Electrostar vehicles for which eyeTrain systems have previously been specified and further bolsters the Group's present order book for delivery in 2016.""
lambrini girl
06 Oct 2015
Re: More institutional buying my machine flagging a BUY...will have to see wot they does..
gretel
25 Sep 2015
RNS : more institutional buying Chelverton Growth Trust have bought another 300,000 shares and now have 1.5m shares, or 4.32%:[link] noteworthy imo that this £5.2m m/cap company now has Downing and Chelverton both increasing their holdings and now owning almost 15% between them.
gretel
11 Sep 2015
Very low rating Hybridan's forecasts post-results are per Hemscott: - this year : 1.52p EPS, £0.7m PBT - next year : 1.72p EPS, £0.82m PBTThat's too low a rating at a 12.875p shares price, especially with £2m cash in the bank against a £5.36m m/cap (the CLNs aren't repayable for some years).
