Share Name Share Symbol Market Type Share ISIN Share Description
Premier Tec Ser LSE:PTSG London Ordinary Share GB00BV9FPW93 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 157.50p 155.00p 160.00p 157.50p 157.50p 157.50p 16,608 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 52.9 1.8 1.4 115.0 194.02

Premier Tec Ser Share Discussion Threads

Showing 1001 to 1025 of 1025 messages
Chat Pages: 41  40  39  38  37  36  35  34  33  32  31  30  Older
DateSubjectAuthorDiscuss
18/10/2018
14:41
RNS - Danske Bank have increased to 4.64% from 3.3%, and now have a total of 6.18m shares: Https://www.investegate.co.uk/premier-technical--ptsg-/rns/notification-of-major-holdings/201810181347035048E/
rivaldo
16/10/2018
07:23
Impressively small discount
garfield31
16/10/2018
07:10
...and there we have it - 157.5p, which is a tiny 2.2% discount to the prior share price: Https://www.investegate.co.uk/premier-technical--ptsg-/rns/result-of-placing/201810160700081145E/ It's a shame this wasn't finalised before the market wobble as they may have achieved say 165p, but overall this doesn't make much difference given the excellent nature of the acquisitions lined up.
rivaldo
15/10/2018
20:57
I prefer the smaller acquisitions, riv. A nice bunch of £4/5million - easier on the digestion Having said that the Guardian website and their directors look impressive, and their software is very interesting. They've about 5 jobs on offer. apad😎
apad
15/10/2018
20:31
Would you care to withdraw the "stalking" comment and apologise Rivaldo? This is, after all, a public discussion board.
eezymunny
15/10/2018
18:09
Excellent news tonight - a £20m fundraising to allow what looks like a very good £11m (net of in-house cash) acquisition in Electrical Services, which will be earnings-enhancing in the first year. And will facilitate further acquisitions which are already lined up, including one in the Fire division. No doubt the bookrunners will complete matters pretty quickly and we'll get a pricing RNS tonight or tomorrow morning. An initial £11m looks a bargain relative to the acquiree's historic £8.3m revenues and £1.8m operating profit - together with high cash generation, a better debtor profile and also their own complementary and proprietary software: Https://www.investegate.co.uk/premier-technical--ptsg-/rns/acquisition-and-placing/201810151651001039E/ OT : EezyMunny's slipping - it took him a whole 8 minutes to stalk me today :o))
rivaldo
15/10/2018
14:44
B&Q sells hosepipe to retired gardener in Devon - BUY!!!!
eezymunny
15/10/2018
14:36
Lots of news flow on the web site, but here's just one which is more significant, being this prestige - and possibly quite large - job installing sprinkler systems in a redevelopment at Regents Crescent in London: Http://www.ptsg.co.uk/news/fire-solutions/ptsg-installs-sprinklers-new-landmark-development/ "PTSG installs sprinklers at new landmark development Premier Technical Services Group PLC’s (PTSG) Fire Solutions division is currently working on installing sprinkler systems to a landmark development at Regents Crescent in London. The Grade I-listed Regent’s Crescent links the West End and Regent’s Park and is set to be converted back to the residential use for which the original 19th Century building was intended. etc" And more good PR for sprinkler systems post-Grenfell here: Http://www.ptsg.co.uk/news/fire-solutions/thisweekinfm-com-recommends-sprinkler-systems-fire-protection/
rivaldo
12/10/2018
08:29
Recent market upset providing an attractive entry price. Purchased at 160.04. Thanks for your efforts Rivaldo.
garfield31
02/10/2018
11:30
A sudden burst of buying, the most recent being £21,000 at 189p, has caused a nice rise. Perhaps an overhang has been cleared. EDIT - or perhaps not :o))
rivaldo
27/9/2018
13:47
Aldi sells prestigious and technically demanding screwdriver for £2.99. Payment due 2023. Buy!
eezymunny
27/9/2018
12:41
Lots more news flow, including this which looks sizeable given Biffa have almost 200 sites across the UK: Http://www.ptsg.co.uk/news/electrical-services/ptsg-doesnt-waste-time-biffa/ "Premier Technical Services Group PLC’s (PTSG) Electrical Services division has been contracted to provide fixed wire testing for Biffa, the UK’s second-largest waste management company.... ...This contract will see electrical engineers visiting all Biffa centres across the UK, including waste management sites, head offices and distribution centres. Fixed wire testing is a vital service protects buildings and employees from the two main electrical risks: fire and electrical shock." And this is a prestigious - and likely technically demanding - win: Http://www.ptsg.co.uk/news/electrical-services/ptsg-works-style-versace-tower/ "PTSG works in style at the Versace Tower Premier Technical Services Group PLC’s (PTSG) Access & Safety division has secured a high-level design and installation contract with Britain’s first fashion-oriented homes. The Versace Tower in London has been named ‘Britain’s first branded building’. Located in Knightsbridge, building work on the tower began in August of this year and is due to reach completion in late 2020. The tower is 50-stories high, with options ranging from one-bedroom apartments to entire-floor studios. PTSG’s skilled team will work on a 3D building information modelling (BIM) compliant design for its supplier to manufacture. Once these steps have been completed, engineers will then be able to begin installation work on site. Engineers are due to visit the site in the latter half of 2019 to begin the work. PTSG’s qualified engineers have a vast amount of experience working for prestigious, high-profile clients such as this, having recently completed several access and safety projects for Burberry."
rivaldo
26/9/2018
10:55
Thank you Rivaldo for a valuable summary. Much appreciated as I am a strong holder. Some previous posters are critical of the accounts. Their view is supported by Stockopedia which gives PTSG a StockRank of 28 (out of 100) with StockRank Style: Momentum Trap, and Risk Rating: Adventurous. Scores high for Growth and Momentum. Scores low for Quality and Value. Paul Scott is not a fan either. I think this a growth v value argument.
chasbas
26/9/2018
10:25
I saw PTSG present yesterday. IMO they were extremely impressive once again and I remain very confident about the future. In no particular order: - Electrical Services is twice the size of any UK competitor, but still has a relatively small slice of the market - BEST testing margins are 15%, and the aim is to get to 30% - Fire Solutions should achieve £15m-£20m turnover next year (it already has a £10m order book), against £6.2m turnover in the last H1 - PTSG are aiming for an Electrical Fire acquisition before next year's H1 - PTSG have 17,500 customers and 150,000 buildings. No customer has >3% of revenues. And PTSG has no exposure to retail/the High Street - significant pipeline of acquisitions. 40 potential acquisitions in total, currently working on 12. After a consolidation phase, the next 6 months should be "very active" - they've looked at 60 companies in the last year, so are very choosy. They want to achieve 10 times their money from acquisitions - there's "no pressure on margins whatsoever" - high barriers to entry. It's difficult for others to compete with PTSG's scale and efficiencies - £3.5m of cross-selling in H1, and should double this year - PTSG achieve £1 of additional service/maintenance revenues for every £1 of new business won, so high recurring income - Fire Solutions have a £54m business pipeline, with a 6-9 months time lag. PTSG win 1 in 4 in that division, and 1 in 2 to 1 in 6 elsewhere - re acquisitions, PTSG won't pay more than a multiple of 5 times PAT unless in special circumstances given the quality etc. Pipeline will cost from £1m to £15m each - debt reduction in H1 was ahead of expectations. PTSG are aiming at a £4m reduction in the year, and achieved £2.2m in H1 - re debtors, DSO is around 130 days for the core business. This is standard for the industry. It's slow, and PTSG are improving - see the improved 81% cash conversion - but this is just a feature of the sector. On the flipside there is very little bad debt given the blue chip customer base
rivaldo
26/9/2018
08:56
looks as though they're lining up further acquisitions, which are going to complicate the accounts interpretation, in electrical fire safety as they are already strong in mechanical fire testing.
mw8156
25/9/2018
23:08
Note that the £32m at the year end includes only a net £20.2m of trade debtors - the rest are accrued income and prepayments. But you'd have to access the full Annual Report to find that out. When the full Interim Report is issued, then the H1 debtor breakdown will presumably be published such that valid comparisons can be made rather than making assumptions using the wrong summary figures.
rivaldo
25/9/2018
20:02
Debtors at £32m exceed turnover and virtually no improvement since Y/E although turnover has increased during the period. Despite the statement that "Improvement in trading cash conversion to 81% (H1 2017: 64%)" This concerns me.
twirl
25/9/2018
15:20
Cheers mfhmfh - here's a link: Https://www.sharesmagazine.co.uk/news/market/6141367/Broker-Forecast-Numis-issues-a-broker-note-on-Premier-Technical-Services-Group-Plc
rivaldo
25/9/2018
10:36
Numis today reiterates buy rating and increases target price to 250p (from 220p).
mfhmfh
25/9/2018
08:52
Precisely. "particularly when they recur year after year?"
redartbmud
25/9/2018
08:48
adjustments for restructuring and share options are a bit of a nonsense, these are normal business expenses, are they not? particularly when they recur year after year?
mw8156
25/9/2018
08:35
* before adjusting items of £4.2m (2017: £2.4m) resulting in a statutory operating profit of £1.7m (2017: £2.0m) and eps of 1.06p (2017: 1.15p) roll on the day when we dont see statements such as this
thefartingcommie
25/9/2018
08:23
LOL Riv - glad that I topped up at just under 168p a couple of weeks ago. Market response has been muted this morning but the interim expectations were clearly flagged in the August trading update. Very pleased to see those results confirmed. Having first invested at circa 75p almost exactly 2 years ago I'm averaged in at just under 100p with subsequent top ups. This is now my 7th largest holding.
masurenguy
25/9/2018
08:18
Thrown in the towel. Just sold out.
redartbmud
25/9/2018
08:16
EM, The finals contained a similar level (approx 80%) of adjustments which included Restructuring Costs, Chunky Share Option Charge, Amort of Intangibles & Contingent payments for Aqc.
cockerhoop
Chat Pages: 41  40  39  38  37  36  35  34  33  32  31  30  Older
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