Premier Technical Services Dividends - PTSG

Premier Technical Services Dividends - PTSG

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Premier Technical Services Group Plc PTSG London Ordinary Share GB00BV9FPW93 ORD 1P
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 214.00 01:00:00
Close Price Low Price High Price Open Price Previous Close
214.00 214.00
more quote information »

Premier Technical Services PTSG Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

mfhmfh: Will this affect the share price on Monday morning?
robow: and Questor gives an update in The Daily Telegraph When we tipped Premier Technical Services Group (PTSG) in April last year we described it as “boring”. The share price graph since then has been anything but, although unfortunately in the wrong direction. David Stevenson of Amati Global Investors, whose holding in the firm prompted our tip, said three factors had contributed to the shares’ 44pc fall: questions about the “quality”; of profits, in relation to exceptional items and cash conversion; a “bear raid” by a hedge fund; and concern over the way certain property assets of companies it had acquired were transferred to another firm controlled by two PTSG directors. “Its underlying businesses continue to progress through organic growth and acquisition,” Stevenson said. “We think some of the concerns over earnings ‘quality’; are overdone, because exceptional costs and low cash conversion are par for the course when you acquire companies, especially if they are undergoing a turnaround. Likewise we believe that the hedge fund made the most of its bear case. “We are more worried about potential failings in corporate governance over the property sales. An independent surveyor is reviewing this and we will await their report.” He added: “PTSG is very efficiently run, but the stock is on the naughty step now. However, we see the shares as potentially oversold.” Questor: hold Ticker: PTSG Share price at close: 99.5p
sherlock13: If the share price keeps growing this week then they should change Premier to Phoenix...I’m keeping the faith in these guys for now, I bought in a while back at a much higher price and been buying to lower my average, the recent drop was very worrying but their historical performance is impressive. The company seems to be in a hurry to grow, maybe at a cost of helping investors see the true potential and generate some trust, hope the AGM addresses this and gives a clear and simple view from today’s base - with a full year projected benefit of the larger acquisition they did at the end of last year then their 2019 should really jump up even without organic growth on top, still looks cheap to me if margin and cash improvements match sales but time will tell. let’s see what attitude the company has at the AGM after their turbulent spell...
rivaldo: Excellent Q1 trading statement today - confidently on track for 13.6p EPS this year. Recent acquisitions "are performing ahead of management expectations". And "a number of significant three to five year contracts and framework agreements have been signed across all disciplines", showing PTSG's visibility of future income: Https://
twirl: "this is where the share price direction will be shaped rather than on a bb thread." Really? Then why do you keep posting contracts from PTSG website - and react so negatively when someone posts a different point of view. In fact rivaldo your positive posts bear an inverse relationship to the share price here and GMAA. Which proves your startling revelation in post 1231.
rivaldo: New Edison report....forecast 13.6p EPS this year with a 1.9p dividend: Https:// Summary: "FY18 results met market expectations but PTSG’s share price performance over the last six months has been weak, in contrast with rising earnings estimates over this period. Acquisitions have been a good fit in our view and with a prospective net debt:EBITDA below 1x we still consider the company’s financial position to be set conservatively. A PEG of c 0.7x and FY19 P/E of 7.2x provide a gauge of the weakness of sentiment for PTSG, which we expect to deliver a double-digit three-year earnings CAGR."
rivaldo: New note from Edison - they increase EPS by 10% for this year and now see 13.6p EPS: Https:// Extracts: "Trinity acquisition enhances earnings by c 10% PTSG has announced the acquisition of Trinity Fire and Security Systems along with a brief trading update noting that FY18 ended in line with management expectations. Trinity brings in a scale presence in electrical/electronic systems, while its expertise complements PTSG’s existing Fire Solutions capabilities and expands the combined service offer. We have increased our earnings estimates by c 10% and, on this basis, the stock is trading on FY19 multiples of 11.3x P/E and 8.7x EV/EBITDA." "Valuation: Growth expected and to be delivered PTSG’s share price has started to rebuild from the lows seen in December and the Trinity deal should further support this momentum. The 2017–20 EPS CAGR is now 14.6% on our estimates giving a PEG of c 1.1x and resulting in FY20 valuation metrics of 10.5x on a P/E basis and 7.6x for EV/EBITDA."
rivaldo: As previously posted, based upon the current forecast of 12.43p EPS for this year, PTSG are on a 2019 P/E of only 12.3. Assuming that PTSG will soon be on the acquisition path again given the cash pile, one can see that P/E dropping to just 10 or 11. Hopefully too the upcoming trading update will indicate that PTSG traded at least in line with expectations for last year, especially with the very positive outlook in late September. Of course threeputt, if they miss then the share price will react appropriately, as it would for any company. I can't particularly see any reason why they would do so given that recent outlook except perhaps in incurring additional costs related to the overall growth being experienced, especially in Fire Solutions. But a P/E of 12.3 - with further earnings-enhancing acquisitions likely - means very little expectation is in the share price at the current 152.5p.
rivaldo: The share price is moving up nicely again, as it has almost every day since the New Year. Based upon the current forecast of 12.43p EPS for this year, PTSG are on a 2019 P/E of only 12.3. Assuming that PTSG will soon be on the acquisition path again given the cash pile, one can see that P/E dropping to just 10 or 11. Hopefully too the upcoming trading update will indicate that PTSG traded at least in line with expectations for last year, especially given the very positive outlook in late September.
rivaldo: Enough time has passed to post SCSW's comment on PTSG from its most recent November issue for the record - and this was when the share price was 150p: "(Sharewatch) PTSG has announced a placing of 12.7m new shares at 157.5p to fund acquisitions. It has already agreed terms to buy Guardian Electrical Compliance for an initial £11m on a cash and debt free basis. There is also a deferred consideration of up to £4m if Guardian grows by 20% in each of the next three years. Guardian is an electrical testing and compliance company and enhances PTSG’s presence in the electrical safety services market. The business has three offices in Sheffield, Milton Keynes and Gloucester and has c.150 engineers and staff. The majority (90%) of its revenue is from fixed wire testing. It has been growing strongly with sales and operating profit having grown at a compound 22% and 36%, respectively over the past five years from 2012-2017. In 2017 its revenues were £8.3m and operating profit was £1.8m, so Guardian looks a nicely accretive deal as it’s being bought on 6.1x. PTSG says Guardian’s 21.7% operating margin and 90% renewal rates are helped by its proprietary software platform, “TraQ-It,̶1; which allows customers to monitor and manage their logs of electrical tests and records of certification. Guardian presently carries out no repair work, compared to PTSG's target of earning £1 of repair work for every £1 of testing work, therefore this represents a significant opportunity for growth. Numis has upgraded eps to 11.9p this year and 12.4p next. But with £4m of the placing proceeds earmarked for a fire solutions acquisition shortly - where it is presently in exclusive negotiations - another upgrade will follow. Await developments."
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