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Been in here before, sold out before last results ,I think current sp is a no brainer r/r , and today's news very encouraging
Don't get too frustrated by the price hopefully PEGhave put the past behind them and more contracts to come
I just joined you here , only a marker for the time being, but it does look seriously undervalued
My thoughts as well
Did they announce a loss of £1.5 million today perhaps I read the RNS wrong
Petards posted on the 12th Jan "The groups profit before tax for the year ended 31.12.15 is expected to be in line with expectation" Once we get these out of the way and another contract under our belt i would be disappointed if the share price hadn't increased significantly.We may also have a clearer picture of our mark up against what we achieved on the first six months trading or if it has stayed the same.
Only going as far as Hebburn (Tyneside), where the Desiro is built. Is this mornings RNS connected to Thamselink or am I missing something? A reminder but Thameslink will be Desiro - 1140 carriages ordered for Thameslink and is worth £1.6 Billion - how much of that could we see - we're doing all CCTV and DOO on Desiro.
thanks Mike, great news, no wonder PHS invested recently
From interims to June 2014 - Gross margin 27% (2013: 40%), a reflection of higher defence equipment supplies
This contract sounds like supply only. If it had been the one Mike found they would have said where it was going. Ie Turkey. Siemens are still waiting for confirmation on the Turkish order so can't give PEG an order until it's confirmed. IMO
Can you remember the original rns announcement that gave us the framework agreement with siemens? And the first call off contract for that agreement was the Velaro train set for turkey. Well they re-ordered another 10 trainsets http://www.railwaygazette.com/news/high-speed/single-view/view/tcdd-orders-10-more-velaros.html
pray tell.....
No this is a different one :)
Mike, Is this the announcement you was expecting?
Is revenue not profit. Looks like materials only so could be anywhere in the world no stopping Petards now.
Sounds great! Does anyone know when a company announces 'worth at least £1.5m' does that mean actual profit, not just the size of the order? So Siemens will pay, say, £3m, if we're making 50% profit on the deal?
IMHO of course
contract announcement
Thanks for the info Mike30. Anyone trying to get the below link to work, delete the full stop off the end and refresh.
Good evening, The below is a link to 10 new velaro trainsets ordered from Siemens by TCDD. It's one of the follow up orders described in the below rns: http://www.petards.com/corporate/media_centre/news_article.aspx?id=7c2f544d-3169-43b1-a952-fa3b97910850. Worth just a touch over £2m and should be announced soon as it is a call off from the framework agreement
Hi Mike we need some news to get this share moving or final results. Both would be nice
http://www.railwaygazette.com/news/high-speed/single-view/view/tcdd-orders-10-more-velaros.html
little rise today. Finally got another stock back over break-even!
I think Downing will increase their holding over the next few days!