Wow! close on six million shares potentially diluting Retail Shareholers investment trust.......exercise price 1p for the next ten years.......so we can gauge the level of sp that Directors will be happy with ... 10% above 1p will net them 600 Grand between them - -
Such a small change in sp will be easy enough to achieve - as the company has been losing investors like a sinking ship. I sold most of mine (at a small loss) at 8p when it was called "Screen" - jolly glad I did, too.
Just who gives Directors permission to make money by a modest revival in sp? Or, can we assume that the Directors don't anticipate any profits (to restore sp) for the next 10 years?
All IMHO, naturally.

08:02 PETARDS GROUP (PEG) Petards Group wins UK Defence Ministry contracts worth 1.3 mln stg

Petards Group wins UK Defence Ministry contracts worth 1.3 mln stg
AFX


LONDON (AFX) - Petards Group PLC said it has won contracts from the UK Ministry of Defence valued at 1.3 mln stg to supply electronic countermeasures dispensers and missile warning equipment repair services.

The AIM-listed developer of advanced surveillance systems said the countermeasures dispensers will be used for self-protection on the British Army Lynx Mk9 aircraft, adding that deliveries are expected to commence in June 2007.

The company said it has also been awarded a one-year extension until April 2008 to its existing exclusive enabling contract to cover the supply of commercial VHF and UHF non-secure radio products and systems to the Ministry of Defence.

15 December 2006

Petards Group plc ('Petards' or 'the Company')

New Contract Awards

Petards, the AIM listed developer of advanced surveillance systems, announces
that Petards Joyce-Loebl has been awarded contracts by the Ministry of Defence
with a total value of 1.3 million for the supply of electronic countermeasures
dispensers and missile warning equipment repair services. The countermeasures
dispensers are for use on the British Army Lynx Mk9 and will provide those
aircraft with a self protection capability. Deliveries are expected to commence
in June 2007.

The Ministry of Defence has also confirmed that it has awarded Petards
Joyce-Loebl a one year extension, to April 2008, to its existing exclusive
enabling contract which covers the supply of commercial VHF / UHF non-secure
radio products and systems.

Petards Chief Executive Bill Conn said 'Petards Joyce-Loebl has a long heritage
in supplying the UK defence industry and these orders are a demonstration of the
confidence that the Ministry of Defence has in the Company's capability to work
on significant projects such as these.'

Top % Gainers
# EPIC Name Price Chg %
1 KUJ Kuju Ord 5p 24.5 8.25 50.77
2 LPX Lipoxen Ord 0.5p 35.0 9.5 37.25
3 TAIH Taihua Ord 1p 17.0 3.0 21.43
4 PEG Petards Ord 1p 1.1 0.175 18.92

This MOD announcement is the second good order in the past 3 days.

Petards wins 2 new orders worth 1.2 mln stg


LONDON (AFX) - Petards Group PLC, an AIM-listed developer of advanced
surveillance systems, said it has been awarded significant orders to supply UVMS
network video recording systems to customers in the US and in the UK for
eyeTrain on-board digital CCTV systems. Together these orders are worth approx
1.2 mln stg.
The US order includes a further casino development for Choctaw Nation,
who have already placed orders worth over 2 mln usd, and it is expected that
this further system will be delivered in the first quarter of 2007.
Additionally, the group said it has secured its first order for UVMS for a
supply into the US rail market.
The UK order is for the supply of Petards eyeTrain digital CCTV systems to
Porterbrook for use on its South West Trains Class 158 and 159 DMU fleets. A
total of 112 vehicles are to be fitted with internal and forward facing cameras,
as part of a franchise commitment to improve staff and passenger
safety. Delivery will commence in March 2007.
Petards chief executive, Bill Conn said: "It is very pleasing to secure
these orders for supply to the transport and casino markets, both of which are
sectors that we consider to be important in our plans for the future growth of
the business.
"The orders from the US will provide us with important reference sites
in that market and by securing our first contract from Porterbrook we have
further strengthened our position in the UK rail CCTV market."
newsdesk@afxnews.com

Petards UK smallcap opening
LONDON (AFX) -
Again on the upside, shares in Petards Group were hoisted 0.13 higher to
1.05 following news that the AIM-listed developer of advanced surveillance
systems has won contracts from the UK Ministry of Defence valued at 1.3 mln stg
to supply electronic countermeasures dispensers and missile warning equipment
repair services.

Nothing is certain in this life, but PEG seems to going in the right direction. Plenty of contract wins, surveillance is a definite growth area and now forcasting a profit.


15 Dec'06 - 01:27
Petards expects H2 profit

LONDON (ShareCast) - Petards Group, the surveillance systems developer, said it expects to make a profit in the second half after it completed its restructuring.

Petards Group PLC
20 December 2006



Petards Group plc ("the Company")

The Company was informed on 20th December 2006 that Chelverton Growth Trust has
a notifiable interest in 25,000,000 ordinary shares representing approximately
3.926% of the issued share capital of the Company.



20th December 2006


This information is provided by RNS
The company news service from the London Stock Exchange

another gem long term

get in before the horse bolts dyor

only for fools.

only goes oneway.

well see