Pebble Beach Share Price (PEB)

Could it be the new product PRIMA ?

may****, pebble cco, has stated there will be big news at the nab show. nab is 2 weeks away. my guess is it's product related rather than news of a big order.

I’ve got 8k of vislink shares thought this company was gonna 😊

Gla x

With the possibility of news tomorrow (7 days will be up), I think we'll get a rally this afternoon. If you're interested in HE1 then you won't want to be out overnight.

If the news is good (which I expect) then the sp is anyone's guess!

It's profitable and cash generative but due to historical issues with its Vislink Communication Systems divison (which it sold back in February 2017 following a strategic review) it became lumbered with ~£12.1m of bank borrowings and net liabilties of ~£6m as at the end of FY17.

Its been progressively repaying its bank borrowings ever since and its borrowing should now be down to ~£5.5m as at the end of FY23. At the end of FY22 it had net laibilities of ~£750k but should now have net assets at the end of FY23. It took a bit of a knock during Covid and the subsequent chip shortage (like a lot of businesses) but now seems to have fully recovered its mojo.

It's currently prioritising repaying its borrowings and I wouldn't expect a dividend to be paid in FY24 but, subject to working capital requirements and/or business investment opportunities that might arise in the meantime, I would expect a dividend to, at least, be up for consideration in FY25 or FY26 (the payment of a dividend would require court sanctionioned approval to convert its merger reserve and share premium account to distributable reserves).

That said, it did explore a potential equity raise in FY22 to provide it with additional capital to accelerate the development of next generation solutions but, despite good levels of support from existing and new investors, it ended up shelving the plans because of the worsening global economic situation and falling investor sentiment for the equity markets generally. If the markets and the global economic situation continue to improve throughout FY24, it may consider revisiting these plans if expansion opportunities exist (at the moment it's funding this investment from its own cash flows).