Following inline H1 results, we view this morning's update on the Major Programme which has been in PEN's sights for a lengthy period as welcome in bringing greater clarity to this long-running situation. While this morning's update, though disappointing in confirming that PEN's opportunity within the overall Major Programme is less substantial than at one time seemed possible, is nonetheless positive in our view in (1) allowing the company to move its software-led strategy forward more aggressi ....
14 Dec 2021
Pennant International (PEN) - Long-standing major programme saga moves towards clarity
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Pennant International (PEN) - Long-standing major programme saga moves towards clarity
Pennant International Group plc (PEN:LON) | 28.5 0 0.0% | Mkt Cap: 10.5m
- Published:
14 Dec 2021 -
Author:
Nick Spoliar -
Pages:
4
Following inline H1 results, we view this morning's update on the Major Programme which has been in PEN's sights for a lengthy period as welcome in bringing greater clarity to this long-running situation. While this morning's update, though disappointing in confirming that PEN's opportunity within the overall Major Programme is less substantial than at one time seemed possible, is nonetheless positive in our view in (1) allowing the company to move its software-led strategy forward more aggressi ....