Pebble Beach Systems – “slightly ahead” of expectations, still more value from this winning share tip

‘Automation, integrated channel and virtualised playout’ broadcast and streaming technology group Pebble Beach Systems (PEB) has issued a “Trading Update” including that “revenue and adjusted EBITDA for the financial year are now both expected to be slightly ahead of current market expectations” and “confident about the company’s prospects for continuing recurring revenue growth and further improvements in gross margin over 2026 and beyond, underpinned by high levels of contracted revenue”. How does that performance and outlook compare to the valuation at a now 20p share price after a 14p offer price tip?

Pebble Beach Systems – interims, giving confidence in recently upgraded market expectations

‘Playout automation and integrated channel’ technology for the broadcast and streaming markets group Pebble Beach Systems (PEB) has announced its results for the first half of the 2025 calendar year and that it is “confident in delivering against its recently upgraded market expectations for the year”. How does that compare to the current valuation?

Pebble Beach Systems (#PEB) – H1 adj. EPS up to 0.8p, notes “favourable timing of project orders in 2025 has resulted in an improved visibility of 2025 project revenue”

Pebble Beach Systems – a buy share tip

In what is a clearly challenging macroeconomic environment companies are currently trading in, “strong order intake during the period… providing good visibility of future years' revenues” sounds very encouraging. With it together with “confidence in delivering profitability materially ahead of market expectations for FY 25 and into FY 26” which suggests still a low valuation for these shares, we suggest significant further upside potential here on upgraded expectations being delivered.

Pebble Beach Systems (#PEB) – H1 adj. EPS up to 0.3p, argues expects H2 increased project orders “based on historical trends and a strong order book”

Pebble Beach Systems – 2023 results “an outstanding outcome”, Buy

Pebble Beach Systems (PEB) has announced results for the 2023 calendar year, arguing “an outstanding outcome” and that it is “delighted with how the current year has started”. So just how good is the news from a currently up to 10.75p share price in response?

Pebble Beach Systems – ‘ahead of forecasts’ trading update sparks shares, but still further to go on a winning share tip: BUY

On half-year results from broadcast and streaming software group Pebble Beach Systems (PEB) we concluded, with the shares then at 7.25p, that we continued to consider there is a value recovery investment case with a prospective PE of not a lot more than 6x and still a Buy. Now a trading update sparking the shares currently 24% higher to 10.25p. And still further to go?

Pebble Beach Systems – interims, argues ‘confidence’ for full-year but how confident to be?

Broadcast and streaming technology group Pebble Beach Systems (PEB) has announced results for the first half of the 2023 calendar year and “confidence in delivering full year growth… and (to) achieve the board's expectations for the year”.

Pebble Beach Systems – 2021 results, encouraging debt reduction...

Pebble Beach Systems (PEB) has announced results for the 2021 calendar year and that it looks forward with optimism – we are marginally ahead on this 12.5p offer tip but there is more to come.

Pebble Beach Systems – “ahead of market expectations”, still a BUY

Broadcast and streaming service markets technology group Pebble Beach Systems (PEB) has announced that it “expects to report results ahead of market expectations for the full year 2021” and “underlying order growth was circa 17%, with H2 14% higher than H1”. This sounds like good news although the shares at a 12.5p offer are unchnaged on our original share tip of four months ago. For now!

Pebble Beach Systems (#PEB) – H1 “traded well”, “forward order book and pipeline are strong”

Pebble Beach Systems (#PEB) – emphasises “two new significant orders”, but they only “help underpin” existing internal forecasts

Pebble Beach Systems – “steady trading results” & steps to profit and cash generation “have proved to be effective”. Really?!

Pebble Beach Systems (PEB) has announced results including “the first half of 2018 has seen steady trading results… the significant steps taken to move to ongoing profitability and cash generation have proved to be effective”. Sounds promising, what are the financial details then?...

Pebble Beach Systems (#PEB) – H1 revenue down, “confident of improvements in H2”. Hmmm.

Pebble Beach Systems – FY 2017 results; “a sound financial performance”. Really?

Pebble Beach Systems (PEB) has announced results for the 2017 calendar year, emphasising “adjusted operating profit for the continuing business of £0.5 million (loss in 2016 £(1.1 million))” and “the company will deliver improved profitability as a direct result of the restructure undertaken throughout 2017 and Q1 2018”. However, it is cash which is reality…

Pebble Beach Systems – “Update on banking and board changes” reviewed as shares soar

Shares in Pebble Beach Systems (PEB) are currently soaring on the back of an update that the company “has agreed headline terms with Santander UK PLC for an amendment to the current Revolving Credit and Term Loan Facilities agreement” and has a new non-executive director…

Pebble Beach Systems (#PEB) – agreed headline debt facility amendment terms, new non-exec

Pebble Beach Systems – trading & strategy update, no offer considered to “reflect the value”. Hmmm…

Previously writing on Pebble Beach Systems (PEB) I noted ‘Final Settlement of VCS Consideration’, so much for ‘substantially debt-free’! Today brings an Update on trading and strategic review announcement from the company…

Pebble Beach Systems (#PEB) – sale process terminated, “has commenced discussions with its bankers”

Pebble Beach Systems (#PEB) – receives $0.25m from outstanding debtor. Remains financially troubled