Pelatro Plc Share Price (PTRO)

Agreed - I bought when they were in the 60's due to good reports - about to have a further dabble whilst the price is still relatively low because I can see this one starting to climb

They seem to be gathering momentum and that's what they badly needed. There cost base is in place and if they keep that under control the margins should be huge.
Only have 10K which I bought in the 40's. Will top-up if dips below 50p for no good reason :)

Good news - although $1m over three years isn't earth shattering, but positive....

11 December 2019

Pelatro Plc

("Pelatro" or the "Group")

Pelatro chosen to provide Business Consultancy for Campaign Management

Pelatro Plc (AIM: PTRO), the global Multichannel Marketing Hub software specialist, is pleased to announce another contract win that further establishes its position in the industry as a company with significant domain expertise to assist telcos in their campaign management activities.

The Group has been selected by one of its existing customers in Asia to provide Business Consultancy for the campaign management activities of the telco. The telco became a customer of Pelatro in 2018 by procuring the licence for mViva Contextual Marketing Solution for campaign management activities. The product went live in their network in early 2019 and the telco has been sending campaigns since then.

This has demonstrated to the telco that relying on the domain expertise of Pelatro to analyse data, devise the campaigning strategy and design appropriate campaigns will enable them to further increase their revenue and reduce churn. As a result, the telco has entered into an agreement with Pelatro for this scope of work as a monthly fixed fee cum gain share engagement. The revenue potential to Pelatro is about US$ 1 million over three years. The agreement is in line with and further validation of the Group's strategy of pursuing deals which brings better quality and higher visibility to our future revenues.

Commenting on this contract win, Subash Menon, Managing Director said: "We are delighted to be chosen for this project with our existing customer as it is further acknowledgement of our domain expertise, ability to cross sell value added services. Further, this will open up a new annuity revenue stream for Pelatro from existing licence customers in line with our strategy of pursing agreements with higher visibility and recurring revenue."

Zak Mir highlights some of the most followed stocks on the small-cap London market and gives an overview of the fundamentals in this charting update #CLNR #KIBO #MNRG #MOS #MTFB #PTRO #RLD #WEB & #ZIOC

https://www.share-talk.com/share-talk-bulletin-board-heroes-wednesday-4th-december-2019/