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Petards Group, the surveillance systems developer (PEG)     

grevis2 - 21 Dec 2006 13:46

Petards Group, the surveillance systems developer expects to make a profit in the second half after it completed its restructuring.

Friday 29 Sep 2006:
Chairman Tim Wightman said, From an operational perspective we have now completed the structural changes necessary to implement the board's longer term strategy that was embarked upon over 18 months ago.

Petards said it expects significant deliveries to customers in the last quarter, adding that it is encouraged by the promising pipeline of orders that should secure its continued recovery in 2007 and beyond.

Petards' UVMSTM software is a versatile and totally scaleable network management
tool for the recording, storage and instant retrieval of high volumes of digital
surveillance video. It features advanced recording, camera mapping & image
replay functions and will form the backbone for any new or existing CCTV system.
Its flexibility to grow with clients' security requirements ensures their CCTV
systems have the ability to expand in the future whilst working over a variety
of network protocols.

More information on the on-board digital CCTV systems can be found on:
http://www.petardsjoyce-loebl.net/en/Products/cctv.aspx

moneyman - 22 Apr 2008 09:29 - 61 of 76

RNS Number:8285S
Petards Group PLC
22 April 2008

Petards Group plc



Statement re. Possible Offer



Not for release, publication or distribution in whole or in part, in or into the
United States, Canada, Australia, Japan or the Republic of Ireland



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



Statement re. Possible Offer and Rule 2.10 announcement



The Board of Petards announces that it is in discussions with a number of
parties concerning the potential sale of the Company and/or one of its divisions
or, alternatively, a refinancing of the business by a third party. Such
discussions may or may not lead to an offer being made for the Company or the
acquisition of a division of the Company or a refinancing of the business. The
Board of Petards, which is being advised by Collins Stewart Europe Limited,
wishes to stress that the approaches and the resulting discussions are at
varying stages of advancement and there can be no certainty that any of the
approaches will lead to an offer being made for the Company or the acquisition
of any of its divisions or a refinancing of the business.



A further announcement will be made as and when appropriate.



In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the
Company confirms that it has 636,706,423 ordinary shares of 1 pence each in
issue.

BAYLIS - 22 Apr 2008 16:12 - 62 of 76

Whats this company old name. cheers.

moneyman - 26 Apr 2008 00:10 - 63 of 76

Eh?

hangon - 30 Apr 2008 18:40 - 64 of 76

fwiw it used to be "Screen", maybe also Joyce Lobel I recall. . . . but don't rely on me! DYOR.

Oh deary, = = = "Possible Offer" looks like Management is throwing in their collective towel - how can any investor from the last 15 months be pleased with this?
Grief. . . .and the UK is the most-CCTV land on earth!

hangon - 29 May 2008 17:04 - 65 of 76

Talks Talks + more Talks - but in reality this is a miserable business with little expectations of profits ( as far as investors are concerned) - it wasn't that long ago when the sp was MUCH higher! -like 21p (2003)so we arre staring at a member of the 99% club.....grief.
Will someone please remove these Execs? - they aren't up to much. . . . then perhaps can we see some progress!

hangon - 19 Dec 2008 13:04 - 66 of 76

Trading restored and many want OUT!
Oh deary, you'd think that with a breating-space the Directors would be fully up to it, with ideas, bounce and so on.
Er, yet it seems not, maybe another round of Options, a new car each or something.....
Like a bolt of lightening?

teddybear5 - 27 Apr 2009 13:01 - 67 of 76

This RNS alert is brought to you by Digital Look.
RNS Number : 1688R
Petards Group PLC
27 April 2009








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




Contract awards







Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded two major contracts to supply and install Petards new generation of eyeTrain on-board digital CCTV systems on locomotives and passenger vehicles.




The first from a UK train operating company, which is worth in excess of 3m, is for the supply and installation of eyeTrain systems to over 390 passenger vehicles and includes forward facing cameras on two classes of locomotives. Deliveries are expected to commence in the second half of 2009 and to be completed by the end of 2010.




The second contract placed by Hyundai Rotem of Korea, is for the supply of eyeTrain systems for 90 new Matangi EMU cars that they are supplying to Greater Wellington Railways. Forward facing cameras will also be fitted to these cars. The contract value is 0.8m and deliveries are expected to commence in the second half of 2009 and to be completed by the middle of 2010.




Commenting on the awards, Petards Chief Executive Bill Conn said "These contracts have been secured from important players in both the UK and worldwide transport sectors and we are delighted to have the opportunity to work with both of them. These are significant contracts for us and their award demonstrates the strong position that Petards holds within the rail industry and that customers value both the flexibility and rail-proven nature of our eyeTrain product."







For further information:




Petards Group plc
www.petards.com

Bill Conn, Chief Executive
Tel: 0191 420 3000






Collins Stewart Europe Limited



Stewart Wallace
Tel: 020 7523 8350






Walbrook PR Limited
Tel: 020 7933 8787

Paul McManus
Mob: 07980 541 893



paul.mcmanus@walbrookpr.com





Editor's Notes:




About Petards

Petards has been providing on-board CCTV systems to the rail industry for nearly ten years. Its latest generation of on-board CCTV system, eyeTrain was launched at InnoTrans 2008, is rail-proven and fully digital, with superb image quality and terabyte storage capacity. It captures video from the seating and doorway areas of passenger vehicles to clearly identify any offenders. eyeTrain also links to other train sub-systems that can include automatic passenger counting, alarms, entertainment, public address and information systems. Forward facing cameras can be added to capture the view from the driver's window - a vital piece of evidence for investigations into trackside incidents.


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

END

ravey davy gravy - 08 Feb 2010 11:53 - 68 of 76

Some real bargains out there in the penny sector at the moment !

This one is no exception, constant winning of new contracts, profits to be ahead of forcasts and a big drop in debt due to strong cash generation and still the price
does nothing, might be on a PER of just 3 at this rate.

robertson12 - 19 May 2010 08:22 - 69 of 76

this is the second share consolidation this company has had, they had one in 2001 when the company was known as screen plc.

hangon - 28 May 2010 22:52 - 70 of 76

Grief someone wants to invest in this dying puppy. Management has destroyed value year-on-year (OK it dipped 50% with the Banking Crisis), however, the trend is clear - - - -
Remember this was Screen (and Joyce Loebel before)....DYOR...... at each name-change shareholder value was destroyed.... More of the same with these sleigh-drivers.
What surprises me is that Execs cannot be removed by their performance - No, not votes, simply that when the sp falls 80% of what it was when you joined, You Go! - No IF's, Buts, or Golden Byes, Treats, no Pension or share pots,(other than any they bought with their own money), - just hand over your car-keys and leave with only today's clothes you came with.
....Good riddence......

If Management should survive, expect a CONsolidation and then.....more of the same...?
For, I don't recall any CONsolidation that ever showed LT investors a profit - and why should it....anyone that understands the Deal will see it as a fudge...and any that don't will carry-on as usual. But there are enough that "understand" to profit from this "trick" (that's all it is, giving the City a nice earner....IMHO).
Grr - GRR. and Grr.

dreamcatcher - 20 Sep 2012 19:45 - 71 of 76

Petards Group revealed today that it has "received a preliminary approach which may or may not lead to an offer being made" for the company that specialises in security and surveillance. The shares responded by climbing 4.5p (16.4%) to 32p. The approach came from Water Hall Group, but no details of any offer price have yet been revealed. An announcement either way must now be made by 18 October.

Before this news, Petards AIM-listed shares had done pretty well, and they're now up around 50% over the past 12 months.

dreamcatcher - 20 Sep 2012 19:46 - 72 of 76

Chart.aspx?Provider=EODIntra&Code=PEG&Si

deltazero - 13 Nov 2013 09:54 - 73 of 76

very large contract win today - onwards and upwards

13-11-13 - £7m contract
11-11-13 - £1m contract
21/10/13 – Contract – No value but significant
09/10/13 - £1.75m Contract
19/09/13 - £1m contract

That’s £10+ million worth of contracts won in 2-3 months. Market Cap = £2/3m

deltazero - 08 Jan 2014 10:04 - 74 of 76

fantastic rns imo - moving - hardly any free shares available

here we go
gl

Energeticbacker - 16 Mar 2015 12:12 - 75 of 76

The audited results for the year ended 31 December 2014 are much improved and show a return to profitability. The future looks more positive than we have seen for a while from this one.

Revenues more than doubled to £13.5m and there was an operating profit of £0.8m compared to the prior year’s loss of £1.3m. Operating cash flow was also an encouraging positive £0.8m.

See more at: http://tinyurl.com/k4s9s7m

Energeticbacker - 09 Sep 2015 14:56 - 76 of 76

Petards has delivered decent interim results for the six months to 30 June 2015.

Despite lower revenue, the higher margins, improved cash generation and decent order book suggests the future looks brighter. It’s the share structure that puzzles us!

Read more at http://tinyurl.com/q2g5r5w
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