Petards (#PEG) – H1 another loss though swing to operating profit, “expect… further reduction in net debt by the year end”

Petards – “pleased to have been awarded… rail orders”, but how significant?

Security, communication and surveillance systems group Petards (PEG) has issued a “Rail Orders” announcement including that it is “pleased to have been awarded this business from one of our long standing customers, adding to the group’s order book for both the current and future years, and supporting the improvement in trading currently being experienced by Petards' Rail. It was particularly pleasing to have added another train fleet to those already benefitting from operating Petards eyeBoS back office software”. What about this financially in the context of the valuation at a current 10p share price?

Petards – “expects… full year ahead of current market expectations”, but what does that mean financially?

‘Security, communication and surveillance systems’ group Petards (PEG) has issued a “Trading Update” including that it “expects to report EBITDA growth over that recorded in first half of 2025… and to deliver a result for the full year ahead of current market expectations”. What about that with the shares currently rising above 10p in response?

Petards (#PEG) – H1 update, now “expects… to deliver a result for the full year ahead of current market expectations”

Petards (#PEG) – completes acquisition of “critical communications solutions provider” Affini Technology

Petards (#PEG) – “not aware of any specific reason” for recent significant share price increase

Petards – argues “delighted” by trial response… but financial significance?...

An announcement of “eyeCraft360 British Army trial success” from security and surveillance systems group Petards (PEG) – and the shares currently at 7.75p, more than 5% higher...

Petards – 2019 results, “confidence for the group's future prospects”?

Previously writing on security and surveillance systems group Petards (PEG), in February I concluded; Also noting net debt of £0.5 million, the shares are currently more than 20% lower on the day, below 10p. I’ll review the full-year results statement particularly for the overall balance sheet picture but, with also continuing trading visibility concerns here, will presently continue to avoid. Now, on the results… the shares currently below 7p, a further 17.5% lower currently today...

Petards – states 2019 disappointment but that “the group remains in good shape”. Does it?

Previously writing on security and surveillance systems group Petards (PEG), in September with the shares down to 16p I noted the balance sheet position despite noted profit and concluded also cautious of its still reliance on a second half weighting, I currently avoid. Now a “Trading Update”…

Petards – argues interims “slightly ahead of the board's expectations”… so why the share price slide?

“Petards Group plc (AIM: PEG), the AIM quoted developer of advanced security and surveillance systems, is pleased to report its interim results for the six months ended 30 June 2019” and “remains confident in the group's future prospects”. The shares have currently responded to 16p, capitalising the company at £9.2 million – er, approaching 18% down…

Petards (#PEG) – strong, growing order book means “confidence of a good outcome for the year”

Zak Mir's Bull Call Of The Day No.2: Petards: Golden Cross Targets 25p

At first glance it may be said that shares of Petards do not seem to be the stuff that bull legend is made of, but closer inspection of what is clearly a relatively illiquid situation does suggest we are looking at a decent recovery play.

Zak Mir's Bull Call Of The Day No.2: Petards: Above 10p Targets 18p

By rights we should have been witnessing the big breakthrough on the charting front at Petards as long ago as last summer, with the gap to the upside the shares managed through the 200 day moving average.

Petards (#PEG) says in 2014 will hit PTP forecasts but will miss at sales line