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Just for you: "This strategy has proved successful generating recent major contract awards and continues to provide a strong pipeline of opportunities. The current order book is expected to realise £25 million."
Typo
Did you just value u a company based on 1 deal? Go Back & read the RNS again, order book expected around 2million from current order book!
Pennant Int. Group Final Results RNS Number : 2856A Pennant International Group PLC 19 March 2013  For immediate release 19 March 2013 Pennant International Group plc Preliminary Results for the year ended 31 December 2012 "A step change in the performance of the Group" Largest ever contract worth £16 million over 5 years signed 18 March 2013 Pennant International Group plc ("Pennant" or "the Group"), the AIM quoted supplier of integrated logistic support solutions, products and services, principally to the defence, rail, aerospace and naval sectors and to Government Departments, announces preliminary results for the year ended 31 December 2012. Commenting on the Group's performance, Chairman Christopher Powell said: "I am pleased to report that 2012 has seen a step change in the performance of the Group. This change has been driven mainly by the Training Systems Division, strongly supported by the Software and Data Services Divisions which have also achieved significant increases in both revenue and profit. "I am also delighted to report that the Group has this month signed its largest ever contract, valued at approximately £16million over the next five years with the potential for extensions up to 20 years. In addition, the pipeline is strong and there is on-going dialogue with prime contractors and other potential customers in respect of major contracts in the short, medium and long term. We will continue our successful strategy of building shareholder value through organic growth." Highlights: Financial · Group revenues increased by 40% to £14.47 million (2011: £10.35 million); · Profit before tax more than doubled to £1.6 million (2011: £0.71 million); · Profit for the year attributable to shareholders of £1.17 million (2011: £0.55 million); · Basic earnings per share rose 124% to 4.46p (2011: 1.99p); · Cash generated from operations of £0.8 million (2011: £2.2 million) ; · Net cash at year-end of £2.17 million (2011: £2.34 million); Nil borrowings; · Proposed Final Dividend increased by 40% to 1.4p per share (2010: 1p) making total for year of 2.0p per share (2011: 1.5p); Highlights: Operational Pennant's three operating divisions enjoyed strong organic growth, all increasing turnover and profits during the year, led by Training Systems Division; Training Systems Division · Revenues increased by 61% to £8.7 million, (2011: £5.4 million) with contribution to Group operating profit more than doubled; · Increasing international enquiries and contracts won including Parachute Flight Simulation System ("PFS") contract worth in excess of £1.5 million for delivery to Singapore Defence Science and
Concentrating on one contract there ;)
whats the hype here £16million over 5 years equates to £3m plus with 1.6m profit i think its not worth 90p
A m/cap of £19m - 90p minimum per share IMO
chimokutrader says bull all the way
Cool. May consider a "day trade" if it seems good entry and can buy.
I was in MOS @ 22p and sold around 30p so a bit miffed and worried about buying high... but maybe. Depends on open on both. seven, up to you I dont advise buy or sell - your money. :)
Told ya this will rocket,plus dividends increased significantly is what makes this share a real diamond.
morning do you think its too late to jump in as ditto yesterday buying high
Nevermind Babbler, you can still buy back into NET, before it takes off!. Regards CM
Should have bought yesterday @ 70p. GL today.
"This strategy has proved successful generating recent major contract awards and continues to provide a strong pipeline of opportunities. The current order book is expected to realise £25 million." MCAP £18.9M
On current trading and prospects, Mr. Powell added: "The Group is well placed with a record order book providing good visibility of revenues through 2013, 2014 and beyond. Relationships with customers are good and the Group's products and services are well received. In consequence, the pipeline is strong with good prospects for the short, medium and long term. Your Board is confident for the future."
Highlights: Financial · Group revenues increased by 40% to £14.47 million (2011: £10.35 million); · Profit before tax more than doubled to £1.6 million (2011: £0.71 million); · Profit for the year attributable to shareholders of £1.17 million (2011: £0.55 million); · Basic earnings per share rose 124% to 4.46p (2011: 1.99p); · Cash generated from operations of £0.8 million (2011: £2.2 million) ; · Net cash at year-end of £2.17 million (2011: £2.34 million); Nil borrowings; · Proposed Final Dividend increased by 40% to 1.4p per share (2010: 1p) making total for year of 2.0p per share (2011: 1.5p);
Very NICE!
Just watch this space early in the morning mate.
Finish bodes well for tomorrow IMO! If results are good 85-95p possible!
IMO there are two options either as jamster said the final results annauncement has been already factored in to the sp at a certain extent (not sure how much) today and with positive news the price will be rising although not at the full steam (7-8%),I preffer this option for obvious reasons.The second one is that the market will wake up and realise the pottential here (todays contract is bigger then the mcap itself and likely will extend).The company has a lot of high profile costumers and revenues secured for at least 5 years with pottentially more good news to come.In this option I am prone to estimate a further re-rate of the sp tomorrow with a target of at least 90-100p with a slight retrace in the following days with sp consolidating at around 80-85 p.This is and will be a good solid performer.Period
On how tomorrow might pan out - anyone?
Due IMO