Premier Technical Services Share Discussion Threads

[twirl] 28/2/2018 09:12

IG 187.55/191.3 10k/1k

[twirl] 21/2/2018 10:31

Yes looks like flippers laid off a few more.

Satisfied them for mo as IG supply significantly reduced to 25k/10k compared with 1k/30k earlier.

[douglas fir] 21/2/2018 09:58

fyi



Premier Technical Services Group (PTSG) Trades
186.50 +2.00 (+1.08%) live: 9:57AM GMT
Buy Volume 254,434 Trade Low 183.51
Sell Volume 6,265 Trade High 184.75
? Volume 0 VWAP 183.71
Total Volume 260,699 Prev day Vol 0


09:39:04 185.0000 125,000 O 183.0000 186.0000 Buy 254,434 0
09:38:54 185.0000 128,246 O 183.0000 186.0000 Buy 129,434

[rivaldo] 20/2/2018 12:44

Another new contract:



"PTSG secures PPM contact with Nottingham University NHS Trust

Premier Technical Services Group PLC (PTSG) has been awarded a contract to provide planned preventative maintenance (PPM) services across the Nottingham University NHS Trust.

The work will see specialist engineers from PTSG’s Electrical Services division providing PPM services that include lightning protection and earthing disciplines at a number of sites for the trust, which is based in the heart of Nottingham.

Nottingham University NHS Trust sites include the Queen’s Medical Centre, which houses a major trauma centre, Nottingham Children’s Hospital and the University of Nottingham’s School of Nursing and Medical School, as well as Nottingham City Hospital and Ropewalk House."

[rivaldo] 08/2/2018 14:03

News of another contract:



"MHA Care Group turns to PTSG for lightning protection service

Premier Technical Services Group PLC (PTSG) has added MHA Care Group to its list of clients, completing a range of lightning protection services for the charity.

Since securing the contract with MHA Care Group in 2017, PTSG has delivered preventative maintenance services to lightning protection installations at 160 MHA sites across the UK.

MHA is a charity providing care, accommodation and support services for more than 17,000 older people throughout Britain. The independent charity, which celebrated its platinum anniversary in 2013, established its first residential care home in 1945. It now operates 88 care homes from South Lanarkshire in Scotland across to Aberystwyth in Wales and down to Cornwall in the south west.

etc"

[melton john] 07/2/2018 15:25

Huge hospital/medical school campus, might be a foot in the door at the uni across the road and lots of high rise buildings locally. Once you're in an area people like to give business to companies which other local organisations recommend.

[rivaldo] 07/2/2018 14:20

New contract win:



"PTSG secures PPM contact with Nottingham University NHS Trust

Premier Technical Services Group PLC (PTSG) has been awarded a contract to provide planned preventative maintenance (PPM) services across the Nottingham University NHS Trust.

The work will see specialist engineers from PTSG’s Electrical Services division providing PPM services that include lightning protection and earthing disciplines at a number of sites for the trust, which is based in the heart of Nottingham.

Nottingham University NHS Trust sites include the Queen’s Medical Centre, which houses a major trauma centre, Nottingham Children’s Hospital and the University of Nottingham’s School of Nursing and Medical School, as well as Nottingham City Hospital and Ropewalk House.

etc"

[twirl] 05/2/2018 13:47

IG 185/192 25k/5k earlier it was 190/200 2.5k/30k

[twirl] 02/2/2018 13:18

IG 200.1/205 10k/30k

Supply has been higher than demand since the Directors sold 1.5m shares.

It could be that they were sold to flippers rather than long term holders which will mitigate any rise until their activity is concluded.

Nevertheless, I expect we will see a re rating on results day.

[rivaldo] 02/2/2018 07:40

Indeed ai2 - as I said to you on the ACSO thread, both the presentation itself and PTSG's prospects looked excellent imo.

[aimingupward2] 01/2/2018 17:12

I hope the quality of the presentation was at least as much re the groups prospects as a reflection of presentational skills per se.

[rivaldo] 01/2/2018 14:05

I was at a presentation yesterday by Amati Global Investors talking about their funds/VCTs etc.

PTSG are one of their core holdings, and the CEO (Paul Teasdale) was there to give a long presentation about the company.

This was one of the best (and possibly THE best) presentations I've ever seen. The confidence and capability was self-evident.

I took loads of notes, so will try to post further over the next week or so.

[fireman bob] 26/1/2018 19:14

Lots of positives with this one rivaldo but it really needs to break the 210p level this time, going forward there's lots of recurring revenue and potential project/remedial work from the contracts

[rivaldo] 25/1/2018 14:22

Moving nicely now, with an £18,000 buy just in at the full 210p offer.

[rivaldo] 23/1/2018 14:46

News of "one of PTSG’s biggest lighting protection schemes to date" - and certainly highly prestigious:



"PTSG secures lightning protection contract at Battersea Power Station

Premier Technical Services Group PLC (PTSG) has secured an order to provide lightning protection system installation at Phase two of a development project at Battersea Power Station.

Specialist engineers from PTSG’s Electrical Services division will attend the power station to provide a new lightning protection system to the existing power station structure. The new system will keep building users protected in the event of a lightning strike.

The Phase two installation is one of PTSG’s biggest lighting protection schemes to date and as such will require regular weekly attendances from both management and engineers to ensure the client receives the high level of service that is synonymous with the division’s work.

As part of an extensive redevelopment, the Grade II* listed Battersea Power Station and surrounding area is being brought back to life as a mixed-use neighbourhood. The first phase of the scheme consisted of 12 high rise residential blocks to the west of the 39-acre site. Phase two of the development includes new retail space adjacent to the power station’s two turbine halls, as well as commercial office space and residential apartments.

Last year PTSG’s engineers completed the lightning protection installation on the Battersea Power Station Phase one project, which commenced in March 2014. The Group has also recently secured contracts to perform several installations at residential and commercial developments in London and the South-east."

[rivaldo] 22/1/2018 12:19

Encouraging to see PTSG winning work outside the UK now via this hospital in Gibraltar and elsewhere:



Extract:

"In recent years, PTSG has increased its delivery of work outside the UK, completing projects at many unique sites and in the process building partnerships with some prestigious international clients. As well as St Bernard’s Hospital the Group has an ongoing partnership with Iraqi telecoms provider FastIraq, delivering remedial and repair works via rope access. The company also currently delivers remedial works to roof and chimney structures in the Caribbean for Barbados’s sole electricity utility provider, Barbados Light and Power."

Also a renewal contract for fall arrest systems nationwide at Morrisons:



and impressively, a new contract at 100 buildings for the Department of Work and Pensions:



"Premier Technical Services Group PLC (PTSG) has received an order to provide fall arrest testing services for the Department of Work and Pensions (DWP).

Operatives from PTSG’s specialist Access and Safety division will attend more than 100 buildings currently used by the DWP, to provide testing, inspections, refurbishment and replacement of existing fall arrest equipment, including guard rails, fixed ladders, anchor points and abseil bolts. The equipment is installed to provide protection to anyone carrying out high-level works at the sites."

[rivaldo] 19/1/2018 07:31

Great news that these shares were placed at 202.5p - essentially around the all-time highs!

It's only a small percentage of the vendors' holdings, but it's natural they'd want to reduce at some stage from the almost 40% they own between them.

More importantly, this increases liquidity and shows good institutional appetite for the shares. Evidently the story is beginning to be appreciated.

[martinthebrave] 19/1/2018 07:07

PTSG, the niche specialist services provider, hereby notifies the market that, on 18 January 2018, 1,500,000 existing ordinary shares in the Company were placed on behalf of certain directors of the Company ("Director Vendors"), (the "Placing"), on the London Stock Exchange at a price of 202.5 pence per share.

This only caused a ripple yesterday as they still own 39,507,582 shares!

[twirl] 18/1/2018 10:00

IG 200/205 25k/2.5k

[threeputt] 17/1/2018 10:01

how's your short going tjbird haha

[masurenguy] 16/1/2018 14:14

Paul Scott's view on todays trading update.

"That's a strikingly good announcement, given that 2018 has only just started. It's very unusual to see management being so bullish at the start of a year. Normally people tend to play it safe, and wait until out-performance is comfortably in the bag, before announcing positive. More detail is given on acquisitions, which sounds as if they're going very well. That's very pleasing, since this is a buy & build business. Hence evidence that they are good at making, and integrating acquisitions, is a big plus.

Carillion insolvency - negligible impact expected.
Healthy pipeline of potential acquisitions.

My opinion - the CEO here is like a machine - reeling off facts & figures, and seemingly very much on top of the detail, as well as the overview - which is very impressive, and exactly what I look for at entrepreneurial businesses like this. On the downside, I do have an ongoing concern about high debtors on the balance sheet, the explanation for which I didn't find terribly convincing (it's high margin work, so we don't get paid quickly).

Stockopedia shows consensus EPS forecast for 2018 at 9.9p. Based on today's update I would estimate that 12p+ is probably more realistic. That would put the shares on a 2018 PER of 15.3 or below. That looks quite attractive for a group which seems to be establishing a good track record. On paper it looks very good. Personally I'd like to see receivables (debtors) come down to a more reasonable level, before being comfortable enough to buy any. Although that reticence has cost me money, since the share price performance in 2017 was strong.

Note that the shareholder base is very concentrated. The largest 2 shareholders are the CEO & Chairman. Overall, it looks interesting, and if things continue to go well, I imagine Directors might reduce their shareholdings in secondary placings. This is likely to be a stock that institutions may want to buy, and the only source of stock would be from the Directors. It would be good to see liquidity improve, as it's a thinly traded share, due to the concentrated shareholdings."