Pennant has reported in-line full-year results but, more importantly, has completed a strategic repositioning to accelerate growth in its Software & Technical Services businesses. These units should generate more predictable revenue, higher gross and net margins, and improved cash conversion. To this end, the Group has just released an updated version of its market-leading Auxilium product lifecycle management software solution; Q1 user numbers are on target. Our forecasts for 2025E are aligned ...
Pennant has issued a positive update on the GenFly contract with the UK Ministry of Defence (MOD). The MOD announced on 23 October 2024 its intention to contract with Pennant for a wide-ranging technology upgrade to the RAF’s GenFly training systems. The Group has now received an “Invitation to Negotiate” (ITN) to commence contract negotiations. Pennant says that the anticipated contract value is confirmed at c.£4.9m, subject to agreeing final terms. It is expected to commence in Q3 2025E. Separ...
Three Directors at Pennant International Group bought/maiden bought 174,894 shares at between 26p and 27p. The significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's ...
In this audio note, Zeus’ Nick Spoliar summarises the investment case for Pennant International. PEN’s update demonstrates the proactive progress the company is making as it moves towards the post-launch phase on major software products.
PEN’s update this morning demonstrates the proactive progress the company is making as it moves towards the post-launch phase on major software products. PEN is a technology-driven leader in providing system support software and services globally, while also delivering related technical services and training solutions, supporting its clients with every aspect of complex asset life cycles Critically, the shift in the company’s business model positions PEN well for future growth based on higher ma...
In this audio note, Zeus’ Nick Spoliar summarises the investment case for Pennant International. H1 results from PEN mark a positive half-way point to full-year expectations, with revenues more than halfway to consensus forecasts, the gross profit enhanced by 50 basis points and a reduced pre-tax loss (before non-underlying costs).
H1 results from PEN this morning mark a positive half-way point to full-year expectations, with revenues more than halfway to consensus forecasts, the gross profit enhanced by 50 basis points and a reduced pre-tax loss (before non-underlying costs). PEN provides software, integrated product support solutions and complex training systems to well-known OEM’s and to governments, with the global defence sector accounting for as much as 80% of revenues. There is material – and encouraging – new news ...
PEN’s H1-24E trading update this morning highlights progress during the first half, together with (a) a reminder of the major software launch impending in H2, and (b), “material” prospects which the company appears well-placed to convert in the second half, assuming that PEN can build on H1 operational delivery to capture the benefits of a buoyant bidding environment driven by the animated global defence sector. PEN provides software, integrated product support solutions and complex training sys...
21st June 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced, or it is a rumour Dish of the day Admissions: Delistings: Chamberlin (CMH.L) has delisted from the AIM market. What’s baking in the oven? ** Potential**** Initial Public Offerings: ITF announced: 19 June 2024: IntelliAM, an artificial intelligence company focused on the consumer goods industry, is...
24th May 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced, or it is a rumour Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: ITF announced: 7th May: Time To ACT plc, an engineering business focused on technology for the energy transition sector, has announced its intention to seek Admission to t...
14th May 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: 7th May: Time To ACT plc, an engineering business focused on technology for the energy transition sector, has announced its intention to seek Admission to trading on the Aquis Stock Exchange...
7th February 2024 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obje...
11th September 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment ob...
13th June 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment objecti...
08 February 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment objec...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Summary Marketline's Sqs Software Quality Systems Ag Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Sqs Software Quality Systems Ag since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensiv...
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