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PTSG Premier Technical Services Group Plc

214.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Premier Technical Services Group Plc 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
  0.00 0.00% 214.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Premier Technical Services Share Discussion Threads

Showing 526 to 546 of 1525 messages
Chat Pages: Latest  25  24  23  22  21  20  19  18  17  16  15  14  Older
DateSubjectAuthorDiscuss
04/10/2017
09:24
Do I see a tree shake?
fizzypop
03/10/2017
12:48
I'll repeat my post to supercede the rubbish post above.....

The contract wins are rolling in again....

A lightning systems upgrade in Chelsea:



Two year lightning protection at 37 sites for Rochdale Council:



And perhaps most impressively:



"PTSG wins contract to commission lightning protection system at new Canary Wharf Station

Premier Technical Services Group PLC (PTSG) has been awarded a new electrical commissioning project at Crossrail’s new Canary Wharf Station

PTSG’s Electrical Services division will supply a team of electrical engineers to provide testing and commissioning of the station’s lightning protection system, prior to the station being handed over to Crossrail.

Sitting below a five-storey mixed-use development known as Crossrail Place, the new Canary Wharf station will help connect the district to the City of London, the West End and Heathrow. At the same time, it acts as a bridge between two communities – Canary Wharf Estate and Poplar to the north.

The station is due to open in December 2018 when services will begin through central London. Trains will terminate at Paddington in the west and Abbey Wood in the east.

PTSG is no stranger to working in Canary Wharf and has completed several projects in the district in recent years. The group’s Access and Safety division previously completed repairs to access equipment at the Canary Wharf underground station, and also delivers an ongoing contract to provide insurance inspections, testing and general maintenance at 8 Canada Square, HSBC’s global headquarters, located in the district."

rivaldo
02/10/2017
10:55
IG 178.35/182.2 30k/5k
twirl
29/9/2017
13:57
Decided to join Colin Clincard and buy some more. Seems opportune on this retrace.
brucie5
29/9/2017
06:52
4 Jul 2017 - BEST's current owners, including David Roberts, Colin Clinkard and Ian Savory plus five other members of the management team, will remain ...
douglas fir
29/9/2017
06:39
I am sure this subsidiary Director is the same one (Colin Clinkard) who bought that £300k worth a couple of months ago, and duly watched the price rise 50%! Hugely encouraging to see him buying again.
simso
29/9/2017
06:22
RNS - encouraging to see a subsidiary director buying £25,000 of shares at 188p:
rivaldo
28/9/2017
13:52
PTSG haven't written off a single penny of debtors as uncollectible in the last two years. They have increased their provision, but from the contract wins posted over the last year it's evident that much of their business is with blue-chip organisations who will pay in full in whatever timeline, as outlined by fizzypop above.

The Balance Sheet is perfectly manageable, so much so that I'm sure there will be further acquisitions soon.

Happy to hold such a high quality company.

rivaldo
28/9/2017
11:39
Thank you fizzypop

I did buy some PTSG on share price weakness on the day of the results but have since sold them. I really don't fancy being invested in a company which routinely has such tardy payment for its work.

shanklin
28/9/2017
09:06
Shanklin - this same problem has occurred before when PS queried debt settlement which gave the share price a shakedown a year or so back. The management responded by saying some thing like 6 months settlement on invoices is normal in the industry especially where PTSG are subcontracted by a building company. But don't quote me on this as it's just a recollection. I am still a holder and will top up as funds permit.
fizzypop
28/9/2017
06:52
Has anybody any idea why the debtors figure is quite so large? I cannot see any reason why PTSG are not being paid on a timely basis.
shanklin
27/9/2017
18:34
Agree with LuckyMouse post 514. I was lucky enough to buy Restore at 34p and exited a happy bunny at £3.76, to purchase PTSG. Restore is a buy and build model focusing on high margin Facilities Management contracts. Restore's current price is £5.24. Once the acquired management has been paid off earnings per share and stock price rises as the position washed through.

PTSG are following the same path as Restore. Many acquisitions then exceptionals which will wash through to be reflected in the earning per share and stock price.

I would argue that PTSG's multiples and cash acquired for acquisitions have been outstanding.

Simso post 509 points out two exciting quotes:

Simso: These were the two key comments for me, for the Chief Executives Report

"Turnover and operating profit have gained considerable momentum over the first half of the year, instilling confidence that we will be in a position of real strength by the year-end.


So far 2017 has been quite unlike any other year in our ten-year history. It would be remiss of me not to reference the fact that the first half of the year was characterised by high-profile events which have had a significant effect on all who operate within facilities management".

The next set of results will in part show how exciting this model, company and management is now and into the future. I also expect the management to sell the company as they did with MacLennan in 2006.

Safety compliance changes to the FM industry will only strengthen PTSG. Strong long term buy. DYOR

rogers8
27/9/2017
14:07
IG 178.1/180 30k/10k
twirl
26/9/2017
20:13
Debtors increased by £4m to £24m since year end. Turnover has increased by a similar apercentage. So not clear how headline statement of "Improvement in trading cash conversion to 64%" is arrived at.

Aware that clients lease assets from PTSG - are the future lease payments treated as debtors.

Having looked at Annual Report the risk assessment makes no mention of bad debts.

twirl
26/9/2017
19:19
"Premier Technical Services Half-Year Profit Down As Revenue Rises" is the news headline of Alliance news - useless hacks.
twirl
26/9/2017
18:18
I hold a few but not really tempted to add while cash generation remains poor. It has been the downfall of many a FM company.
wjccghcc
26/9/2017
15:11
Topped up as well although had difficulty getting stock
lancasterbomber
26/9/2017
13:16
A top up for me on the retrace.
brucie5
26/9/2017
13:15
IG 185.25/189 30k/2.5k
twirl
26/9/2017
11:20
Stunning result from Electrical Services + 56% and virtually all prior Grenfell. Augers well for second half and beyond.Electrical now produces over half the revenue so even if other areas go ex-growth think we should be in for strong second half.

RM

rampmeister
26/9/2017
11:11
Buy rating re-iterated in today's IC
mfhmfh
Chat Pages: Latest  25  24  23  22  21  20  19  18  17  16  15  14  Older

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