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

By Hotstockrockets | Sunday 4 February 2024

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

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?
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