Share Name Share Symbol Market Type Share ISIN Share Description
Pressure Tech LSE:PRES London Ordinary Share GB00B1XFKR57 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.50p +1.03% 146.50p 143.00p 150.00p 146.50p 145.00p 145.00p 72,370.00 11:37:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 55.6 0.6 4.9 29.9 21.20

Pressure Tech Share Discussion Threads

Showing 1676 to 1697 of 1700 messages
Chat Pages: 68  67  66  65  64  63  62  61  60  59  58  57  Older
DateSubjectAuthorDiscuss
10/12/2016
08:39
The outlook statement in the results will be the key driver for the short term price (unless there is a surprise in the green energy division).
miavoce
09/12/2016
15:46
Results Tuesday I think, which will be poor as already advised. The acquisition seems to have been ignored but it sounds sensible to me and with O&G outlook improving I think better times ahead, have always been good management here just got stuck in the sector rut.
paleje
01/11/2016
20:58
Whilst Weir did report that fully year profits would be slightly below expectations it was pleasing to see that that an improvement in old & gas is anticipated. Looks like things may be on the cusp of a positive turn. "There are signs in the Group's third quarter performance that our core markets have started to improve. Minerals aftermarket orders returned to growth and North American Oil and Gas customers started planning for higher activity levels next year. The Group's trading results reflected the low point in the North American oil and gas market and tougher conditions in the Middle East. "Assuming commodity prices remain supportive, we anticipate further sequential growth for the Oil & Gas division in the fourth quarter but little improvement in the pricing environment. Given conditions in the Middle East as well, we now expect the division to be around breakeven in the fourth quarter and slightly lossmaking for the full year. The combined outlook for Minerals and Flow Control is unchanged. Therefore, including a small further foreign exchange benefit, the Group's full year 2016 profits are expected to be slightly lower than current market expectations."
miavoce
01/11/2016
19:47
Weir profit warning
nw99
01/11/2016
06:17
CNBC Oil prices could go south of $40 a barrel if OPEC deal fails, expert says Christine Wang | @christiiineeee 9 Hours Ago
larva
11/10/2016
12:16
It's lose not loose and losses not looses. I hope you're better at numbers.
ricardothebrave
11/10/2016
11:50
I can't get me breath! my retirement fund30 Aug '16 - 12:06 - 1639 of 1655 0 0 They will need to do a round of funding - equity funding would be the best option imo however they will need to get a crack on with it before this becomes a penny share imo
cockerhoop
11/10/2016
11:00
Did you loose money here on the way down then bud? That's too bad hope you've learnt from your mistakes and your looses were not to great :-) :-)
my retirement fund
11/10/2016
10:42
I laughed, me mate laughed blueball6 Nov '15 - 21:39 - 1515 of 1653 0 0 How low can this go..? My Retirement Fund6 Nov '15 - 22:17 - 1516 of 1653 0 0 55 pence
cockerhoop
11/10/2016
10:09
Too funny....... My Retirement Fund27 Apr '16 - 08:30 - 1593 of 1651 0 1 I thought this looked extremely overvalued. Question for shareholders is can it survive?
cockerhoop
11/10/2016
10:05
This is due a significant turnaround and eventual re-rating imo.
my retirement fund
20/9/2016
13:45
Interesting article on the drill ships sitting idle in cold storage: hTTp://www.bloomberg.com/news/articles/2016-09-19/at-500-million-a-pop-it-s-an-oil-gamble-that-has-no-precedent Maybe certification work on eventual power up for PRES
cockerhoop
09/9/2016
22:30
Looking at Enquest’s first half performance I saw their unit opex was $23 per barrel down from $46 in H1 14….this ability to cut costs is a good illustration of the pressures that companies like PRES and other O&G suppliers face.
cerrito
01/9/2016
23:21
hTTp://greenlanebiogas.com/americas/greenlane-biogas-supplies-biogas-upgrading-systems-for-city-of-st-hyacinthe-31st-august-2016/
cockerhoop
30/8/2016
22:15
Exceptional costs of £4m pre the £3.3m write back makes sense as there will need to be a big write down of Intangibles. Remember non contractual customer relationships are in the books at £11.7m following the recent acquisitions and we have a further £15m of Goodwill…in fact exceptionals may be higher than £4m, especially with redundancy costs. It will be interesting to be a fly on the wall when they discuss the write downs with their auditors-though of course as it is non cash (exc redundancies) not all that relevant.
cerrito
30/8/2016
22:04
Thanks for the link, I seem to recall Chris Boxall is a big holder of Pressure Technologies so I'd expect him to get a good steer , my concern is precisely what the ebitda covenant or other covenant that are keeping mgt awake at night and how close to breach PRES are going to bet breaching them.
rhomboid
30/8/2016
21:14
It's taken from the Investors Champion commentary quoting the house broker Following the latest update the house broker has revised estimates to an adjusted pre-tax loss of £1.4m for the year ending September 2016 on revenue of £36m. For 2017 estimates are for revenue of £48.5m and a pre-tax profit of £1.6m. Exceptional costs in the current year are estimated to total £0.7m and result from a mix of amortisation of acquired intangibles, redundancy costs, net of a write back of £3.3m of deferred consideration that is no longer expected to be paid. With cash flow benefiting from the large orders in the Alternative Energy division net debt is now forecast to be under £3.5m at year end compared to previous expectations of approx. £6m
cockerhoop
30/8/2016
20:28
Net debt now forecast to be under £3.5m at year end compared to £6m previously expected.
cockerhoop
30/8/2016
18:44
Like miavoce I do not see them as needing an equity raise. The dividend suspension will save £1.2mpa; this payment for Roota is the last one; my reading is they have low capex requirements and a good current ratio-albeit flattered by low levels of activity. Very interested in hearing counter arguments.
cerrito
30/8/2016
16:28
Providing the company receives the expected payments from customers (i.e. no significant defaults) we should be alright for cash and so no need for fundraising. Prospects look pretty bright for the next financial year given that contracts are now starting to be finalised I wouldn't be surprised to see a bid from one of the large engineering firms, particularly given the potential of the AE division.
miavoce
30/8/2016
16:15
There is little change in outlook for the Group’s oil and gas markets which continue to be challenging and the recovery slow. Trading in the manufacturing divisions is therefore expected to remain around current levels throughout the next financial year. In the Cylinders Division integrity management and defence work continues to take up the slack from the moribund large capital equipment arena. The significant order from the water sector is hopefully a sign of a growing presence in this market. By contrast the Alternative Energy division looks more positive with the Group expecting “significant progress in 2017” with Alternative Energy set to be a major profit generator for the Group in 2017 and beyond.
investorschampion
30/8/2016
11:06
They will need to do a round of funding - equity funding would be the best option imo however they will need to get a crack on with it before this becomes a penny share imo
my retirement fund
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