Pebble Beach Share Price (PEB)

I would take 34p :-) really pleased with the progress the team are making here. They have a plan and are executing against it. Finish paying down the debt then start some dividends or buy backs.

Cavendish morning note :-

"Pebble’s highly attractive financial profile shows consistent overachievement of Rule of 40, anticipated to reach 53% in maiden FY27 forecasts (FY25: 42%), along with 65% FCF/EBITDA (FY25: 44%) – Pebble is certainly worth a look. We raise our TP to 34p (was 28p), and at CP 18.8p Pebble trades on a significant discount to peers at 7.8x FY27E P/E and 13% FCF yield."

Cavendish have increaed the TP by a decent amount.

I am pleased with today's results. Solid as a direct result of the strategic plan. A dealer just after reporting end of £900k, shame it did not land a couple of days earlier however we will see it in the next set if results.

Took at look at Scotts past NED positions and either going through some sale or corporate action or have been sold already. No coincidence he's taken this role here especially as Kestrel are closing. Will be sold on by year end imho.