Register
Login:
Share:
Email Facebook Twitter




PINN Share Chat - RSS Feed

Pinnacle Technology Share Chat (PINN)



Share Price: 8.375Bid: 8.00Ask: 8.75Change: 0.00 (0.00%)No Movement on Pinnacle Tech
Spread: 0.75Spread as %: 9.38%Open: 8.625High: 8.625Low: 8.375Yesterday’s Close: 8.375



Share Discussion for Pinnacle Tech (PINN)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


badeli
Posts: 326
Off Topic
Opinion:No Opinion
Price:8.13
Why the sudden rise?
21 Jul '15
Anyone got any ideas? Is there a link between the rise here and the falls in MXCP and CTP? I am in both and am planning to stay and am only in PINN because of the MXCP investment. Strange.
 
Colourbounce
Posts: 643
Off Topic
Opinion:No Opinion
Price:8.13
View Thread (2)
SP
21 Jul '15
It doesn't take much volume to shift this does it?
nas0061
Posts: 297
Off Topic
Opinion:No Opinion
Price:8.13
View Thread (2)
RE: Pinn
21 Jul '15
I think some money was rotating out of CTP and into PINN and CSI
KUMS
Posts: 13,212
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:8.00
PINN
21 Jul '15
A good day for PINN.

Up 14%!
Rocka999
Posts: 4,186
Off Topic
Opinion:No Opinion
Price:8.00
View Thread (2)
Pinn
21 Jul '15
Is the word out on an acquisition I wonder?
KUMS
Posts: 13,212
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:7.75
8p
21 Jul '15
Oh yes. 8p now!
KUMS
Posts: 13,212
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:7.75
PINN ing
21 Jul '15
my hopes here where MXCP are working hard to turn round this coy.

Up 8.77% now.

It will be nice to break 8p this week.
BadApple
Posts: 152
Off Topic
Opinion:Strong Buy
Price:7.38
PINN
16 Jul '15
CHAIRMAN'S STATEMENT

These results reflect the work- in-progress status of the Pinnacle Technology turnaround, as the various measures put in place to return the business to profitable revenue growth, reduce costs and sharpen the focus of the business take effect. The Board continues to be focussed on positioning the company to become EBITDA positive and recognises that this will take some time.

However, given the progress that has been made, as detailed below and as outlined in the circular to shareholders dated 28th April 2015, the Board is now of the view that the time is right to consider reviewing acquisition opportunities that will take advantage of the underlying capabilities of the Group, as well as the highly fragmented and regionalised market in which the Group operates

CEO has clearly stated that acquisitions are being evaluated as of June this year, they were being evaluated before June but this statement is actually from the interims so they will be much further down the road as of now.
BadApple
Posts: 152
Off Topic
Opinion:Strong Buy
Price:7.38
PINN
16 Jul '15
In March this year the business signed an exciting O2 Mobile Digital Services agreement.

This supports our strategy, of harnessing our strengths in IT services and also results in favourable mobile contractual terms. Whilst this agreement is still being implemented, it is clear from the market as a whole that usage of mobile devices for data connectivity is greatly increasing, and there is a close relationship between the IT applications consumed by SMEs and the way in which they are accessed, via broadband and mobile devices.

Providing a one-stop-shop for both clearly fits with Pinnacle's strategy of providing SME clients with all their IT and communications needs. An additional benefit of the arrangement with O2 is being able to access their products approved for use in the public sector on a reseller basis, where HM Government accreditation is required.

Previously it was unlikely Pinnacle would have been able to retain or bid for such work.

-----
Previously it was unlikely Pinnacle would have been able to retain or bid for such work.

Now they can because they are in rude health having appointed MXCP and now seeking acquisitions which will see further contract wins with multi billion £ companies such as 02
BadApple
Posts: 152
Off Topic
Opinion:Strong Buy
Price:7.38
PINN
16 Jul '15
This might well appear quiet in terms of investor activity and posting here but it's certainly not the case within the company. The CEO stated that they are already seeing huge improvements and returning to profitability. They have had MXCP working hard behind the scenes to streamline the business and making their anticipated acquisition.

Don't forget that MXCP have a lot of money to invest and having already taken their stake here they could well be about to make acquisitions based on loans which will be great for pinn and great for mxcp.

One step at a time and as pointed out by chomsky

Interims out .........Tick.
New Director........Tick.
New Web site ......Tick.
New ???...............Currently working on new acquisitions.

Anyday for the news, so take them out the drawer and wipe the dust of them, these are for the here and now.

You are looking at a buy and build company with all the growth in front of it.





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.