Buying Opportunity • May 12
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 85%. The fair value is estimated to be UK£0.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.2% over the last 3 years. Meanwhile, the company has become profitable. お知らせ • Jan 25
Pittards plc Appoints Alan Burgess as Chief Financial Officer Pittards plc announced the appointment of Alan Burgess, as Chief Financial Officer to the Board with effective 24 January 2023. Alan has worked as the Director of Finance (non-board) and Company Secretary of Pittards since 28 March 2022. Alan holds a PhD in Management Science, an MBA and is an associate of the Chartered Institute of Management Accountants. Alan joined Pittards from Tetra Pak CPS UK Ltd. and brings a wealth of experience from several industries. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Louise Cretton was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Sep 27
Pittards plc Declares Interim Dividend, Payable on January 12, 2023 The Directors of Pittards plc are declaring an interim dividend of 0.5 pence per ordinary share in the capital of the Company, to be paid on 12 January 2023 to shareholders on the register at the close of business on Friday 16 December 2022. The shares will go ex-dividend on Thursday 15 December 2022. Reported Earnings • Sep 26
First half 2022 earnings released: EPS: UK£0.025 (vs UK£0.016 in 1H 2021) First half 2022 results: EPS: UK£0.025 (up from UK£0.016 in 1H 2021). Revenue: UK£10.4m (up 7.4% from 1H 2021). Net income: UK£328.0k (up 63% from 1H 2021). Profit margin: 3.2% (up from 2.1% in 1H 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the Luxury industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. お知らせ • Aug 03
Pittards plc (AIM:PTD) acquired Brand and Assets of Hill & Friends Limited. Pittards plc (AIM:PTD) acquired Brand and Assets of Hill & Friends Limited on August 2, 2022. The acquisition has been financed entirely from the Pittards's existing liquidity. Emma Hill, co-founder of Hill & Friends, will join as consultant for Pittards.
Pittards plc (AIM:PTD) completed the acquisition of Brand and Assets of Hill & Friends Limited on August 2, 2022. お知らせ • May 18
Pittards plc, Annual General Meeting, May 17, 2022 Pittards plc, Annual General Meeting, May 17, 2022. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Louise Cretton was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Director Richard Briere was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Mar 29
Pittards plc Appoints Alan Burgess as Director of Finance (Non-Board) and Company Secretary Pittards plc announced the appointment of Alan Burgess as Director of Finance (non-board) and Company Secretary from 28 March 2022. Alan joins from Tetra Pak CPS UK Ltd. and brings a wealth of experience from several industries. Price Target Changed • Mar 23
Price target increased to UK£1.02 Up from UK£0.80, the current price target is provided by 1 analyst. New target price is 53% above last closing price of UK£0.67. Stock is up 41% over the past year. The company is forecast to post earnings per share of UK£0.036 next year compared to a net loss per share of UK£0.18 last year. お知らせ • Feb 10
Pittards plc Announces Richard Briere Step Down as Group CFO Pittards plc announced that Richard Briere, Group CFO, is stepping down from the Board to return to a senior role in private equity. He will remain a Director of the Company until his departure in April 2022. Richard will remain focused on the delivery of the Company's full year results, scheduled for 23 March 2022, and on upcoming the effective transition of his responsibilities. Reported Earnings • Oct 01
First half 2021 earnings released: EPS UK£0.016 (vs UK£0.17 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£9.66m (up 46% from 1H 2020). Net income: UK£201.0k (up UK£2.57m from 1H 2020). Profit margin: 2.1% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. お知らせ • Jul 03
Pittards plc (AIM:PTD) commences an Equity Buyback Plan for 2,083,303 shares, representing 15% of its issued share capital, under the authorization approved on May 12, 2021. Pittards plc (AIM:PTD) commences share repurchases on July 2, 2021, under the program mandated by the shareholders in the Annual General Meeting held on May 12, 2021. As per the mandate, the company is authorized to repurchase up to 2,083,303 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £5 and the maximum price which may be paid for each ordinary share is the higher an amount equal to 5% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The shares will be used to settle LTIP obligations. The authority shall expire earlier of 15 months from the date of the meeting or at the conclusion of the next Annual General Meeting of the company.
On June 11, 2021, the company announced a share repurchase program. Under the program, the company will repurchase up to £0.35 million worth of its shares. The program will expire at the AGM in 2022 or if the aggregate value of ordinary shares is purchased. Reported Earnings • Mar 26
Full year 2020 earnings released: UK£0.18 loss per share (vs UK£0.029 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: UK£15.2m (down 32% from FY 2019). Net loss: UK£2.43m (down UK£2.83m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 11
New 90-day high: UK£0.54 The company is up 41% from its price of UK£0.38 on 12 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 8.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: UK£0.42 The company is up 8.0% from its price of UK£0.40 on 20 August 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 16% over the same period. Is New 90 Day High Low • Oct 13
New 90-day low: UK£0.38 The company is down 5.0% from its price of UK£0.40 on 15 July 2020. The British market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 4.0% over the same period. 
