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It would be interesting to do a roll call of all those formerly hyperactive posters on here. Just to remind all left who are the flippers and cheerleaders.
This share is dead.
thanks for post , maybe I wrong , not sure how good for pel share less posting on share board as seen with so many selling shares at pel this year and the drop in share price ,had been hoping for a good rise today , ok may not be being helped with EU Referendum vote due soon as some people selling across markets , some may be selling in the hope of buying back at lower share prices at different shares after voting is finished ,plan to invest in different shares after voting is finished myself hoping to time buying in at as low a share price as possible
LONDON (Alliance News) - Paragon Entertainment Ltd on Tuesday reported a swing to a pretax profit for 2015 and expressed confidence for delivering on market expectations going forward. The attractions design, production and fit-out business reported a pretax profit of GBP346,000 for 2015, swung from a pretax loss of GBP427,000 the year before, as revenue rose to GBP8.5 million from GBP7.7 million. Paragon said it resolved a number of challenges during 2015. After breaching its earnings before interest, tax, depreciation and amortisation covenant in the fourth quarter of 2014, Paragon worked to address its bankers' concerns. It extended its overdraft facility to July 9, and its bankers have said they plan to extend this a further twelve months. The company resolved a contentious contract, and whilst this hit its second half earnings, it contained any further exposure to Paragon. Additionally, Paragon sold its loss-making mall attraction in Birmingham. Over the year, Paragon won and executed projects worth GBP7.4 million for new clients, and saw GBP1.1 million revenue from repeat business. It expects GBP9 million of revenue for 2016 from repeat business. Whilst the UK museum and heritage market is currently weak, and Paragon expects it to stay like this for two or three years, it sees considerable growth in retail, theme parks, and science centres worldwide. "During 2015 we were successful in closing out a number of legacy challenges. Paragon moved into profitability at every level of measurement for the first time since AIM admission in 2011 and we have now laid a solid foundation for the business to resume its growth," said Executive Chairman Mark Taylor in a statement. "By continuing to nurture our long term partner relationships and by producing such high quality work, we are confident that we will continue to deliver on market expectations," Taylor added. Shares in Paragon were down 1.8% at 1.40 pence, having initially risen on the announcement. By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews Copyright 2016 Alliance News Limited. All Rights Reserved.
The private twitter site for chat has pretty much killed the lse bb sid. For every post on here there are 20 on twitter chat. Good to see buyers taking advantage of the cheap sp. pel should be sat in a £5m mcap on thise figures alone. H1 2016 has 2 weeks left i expect growth to have continued based on the laarge deals won in H2 2015 and early 2016. - Dubai £5m contract, Cairo £1.2m contract, hamleys on -going deal worth multtiples of the mcap etc etc. The bod dont excite teh arket with their rns releases bit i think thats.deliberately done to avoid pump and dump.
Hope you keep posting , has not been an easy year for investors at pel with so many sells being seen ,hoping this time next year pel share price may be much higher ,atb
Agreed and of course any new work won adds to the bottom line.
Esp when the company is growing...
"In 2016 we expect that £9 million of our turnover will come from repeat partnership business, amounting to approximately 82% of our revenue guidance for the current year. In 2016, we anticipate our work to have the following geographical split: 15% UK, 5% Europe, 70% MENA and 10% China." So going off this they are still bang on target for £11m revenue this year which would mean EBITDA of £500-600k. So a MC of £2.5M. this year on £500-600k profit is some serious value in my book.
Yes all looks solid. And as you say that was last year, we are fast approaching the end of H1 2016 that is what is of more interest. The sp here looks very cheap on just a £2.5m mcap.
inancial Highlights · Revenue of £8.5 million (2014: £7.7 million) grew by 10% · Gross profit of £1.97 million (2014: £1.53 million) grew by 29% · EBITDA profit of £0.24 million (2014: loss of £0.08 million) Market Cap currently is £2.4m so exactly 10 x cashflow based on 2015 results. If 2016 numbers exceed 2015 numbers (which they are projected to) then this is looking undervalued. Patience here is required. H1 results not far off now which will be what the market really wants to see anyway.
I think there is one to provide as we know they have the work and are busy having won a lot of new work nd further growth will come in 2016 .. But i agree its the added ingredient thats missing. All my contact with the directors has given a clear mesage that they will not ramp the company up for a pump and dump. With all the contracts they have won and with a positive ebitda and more to come if they chose to ramp they certainly have some ammo to do so.
disappointing to see the selling , again results look ok and yet more selling ,have to admit to not knowing why so many sells at this share each to their own investing decision
Results look ok but sp is getting slaughtered by the market Why on earth wouldn't you provide a really upbeat trading upate with results if there is one to provide of course
Solid set of results n first glance will look closer later...... a move into profitability. Far better than most of aim and building a very solid business. Are we going to get a seperate forward looking statement from the ceo on 2016 prospects? Id have expected one at the end of the results. Maybe one coming separately?
room for growth in this market -'Our strategic review of the attractions 'design and build' industry leads us to think we operate in an addressable market of £1 to £2 billion per annum. We currently have less than 1% of this market so there is solid room for growth and expansion'
to see company back in profit and heading in the right direction. Work stream has moved considerable abroad - ' In 2016, we anticipate our work to have the following geographical split: 15% UK, 5% Europe, 70% MENA and 10% China.'
should have some on Tuesday!
had not see the earlier sell ,only 2 sells to around 6 buys ,nice to see more buys than sell in my view sadly have been to many sells seen over recent months ,hoping this may change and more buyers may return to pel
only one sell and more buys seen again ,hoping less sellers may be seen and more buyers may return to pel again
the prices I think we only had one sell today.
bought a few more at this price,
flurry of buys . nice to see
and PEL have not gone hand in hand lately. Intrigued to see how 2016 is shaping up and put to bed final results which are out on 14/6. Pretty much known and should see a return to small profitability (200k or thereabouts) The company's q and a section indicated same - http://paragonent.com/investor-centre/qa-forum/why-have-your-2015-results-been-delayed-when-will-they-be-released 2016 could be a turning point for Pel, wonder if the BOD (which already have 25%) will be buying after the 14th. Forward looking update would be nice.
to see a post from from some of the sellers why so many have sold out of this share some times i find share price movements difficult to work out when i see some shares with less progress than pel moving up ,and yet so many selling at this share