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Thursday 14 December 2017 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares



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Pebble Beach Systems – trading & strategy update, no offer considered to “reflect the value”. Hmmm…

2017-12-01 04:20:31

Previously writing on Pebble Beach Systems (PEB) I noted ‘Final Settlement of VCS Consideration’, so much for ‘substantially debt-free’! Today brings an Update on trading and strategic review announcement from the company…

Pebble Beach Systems – “Final Settlement of VCS Consideration”, so much for “substantially debt-free”!

2017-03-20 06:53:41

“Final Settlement of VCS Consideration” announcement from Pebble Beach Systems (PEB). I remind that on the conditional sale being announced on 20th October that RNS concluded “if the transaction completes then the group will be left substantially debt-free and to execute its software transition strategy with Pebble Beach Systems”

Pebble Beach Systems – disposal updates include buyer reserving its rights as it claims “numerous breaches of the contract”!

2017-03-08 01:17:11

After results for the first half of 2016 showed an increased £8.8 million of net debt, Pebble Beach Systems (PEB, then Vislink) announced a $16 million sale of its hardware division, Vislink Communication Systems, to NASDAQ-listed xG Technology, Inc – stating the disposal to see it “be left substantially debt-free and to execute its software transition strategy”. There are now further updates on how this is working out – including a 5:25pm “Response to xG Technology Inc Press Release” announcement. Uh oh…

Pebble Beach Systems – cost reductions including the ‘tin tack’ for porcine Chairman Hawkins…

2017-02-14 08:50:42

Following another profit warning earlier this month and now with a single operating subsidiary, Pebble Beach Systems (PEB, the former Vislink plc) has announced the closure of its head office function – including notice being served on Executive Chairman John Hawkins…

Pebble Beach Systems (formerly Vislink) – change of name announced Friday, now profit warning ahoy!

2017-02-06 04:30:00

Friday 3rd February 2017: “Vislink confirms that it has changed its registered name to Pebble Beach Systems Group plc” (PEB). Monday 6th February 2017: “The company informs shareholders that the results for FY2016 are expected to be materially below the board's previous expectations”. Well, that didn’t take long!...

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