Premier Technical Services Share Discussion Threads

[rivaldo] 30/5/2019 16:24

So Battersea Power Station, or London Wall, has the same level of protection as a Hackney Council loo? I'd be rather surprised :o))

I was gratified to see that the recent strong trading statement name checked "notable" contracts for London Underground, BMW, Morrisons.....

These are of course the very contracts I have been highlighting.

Once again, I only post those news items which merit highlighting and are more substantial. PTSG must have posted 20-30 announcements re new or continuing contracts since I last highlighted one. Today's news in total is probably worth a reasonable amount, but it's the names and sites involved which are just as important in recognising PTSG's sector leadership.

I did indeed comment on the property transactions in my post 1346. Perhaps in your haste to condemn, you missed it.

[eezymunny] 30/5/2019 16:10

The main thrust of the post seems to be to create the impression that PTSG wins "prestigious" contracts. Whereas they just install lightning protection systems. A system installed on the public bogs for Hackney council is just as prestigious as London Wall no?

As I've said so many times you keep posting about very small contracts won by a 120m turnover contracting company. What's the point? Tesco sold some more bacon today. Means effing nothing does it?

I see you haven't commented on post 1340. What do you make of that?

[rivaldo] 30/5/2019 14:50

These locations are indeed highly prestigious:

Battersea Power Station Phase 2 (Mace)
Peninsular Hotel (Sir Robert McAlpine)
60 London Wall (Skanska)
80 Fenchurch Street (Skanska)

Luton certainly has some way to go to be prestigious! But then only those with an agenda would pick on that as the main thrust of the post :o))

The property transactions are certainly ambiguous/open to interpretation at best, and whilst common practice in a private company aren't acceptable in a PLC. However, they are small beer in the overall picture and not enough to sway my investment decision. And I understand that there have been moves/shareholder pressure to stop these types of transactions, so they're probably old news anyway.

[eezymunny] 30/5/2019 14:08

Might be worth seeing if the cash flow matches, in any way, the declared profits. If it doesn't I suspect your "shed load" won't even buy you a shed....

[onjohn] 30/5/2019 14:03

("PTSG" or the "Group" or the "Company")

Q1 Trading Update

Premier Technical Services Group PLC, the niche specialist services provider, is pleased to announce a trading update for the 12 weeks to 31 March 2019.

Trading during the first quarter of the current year has been strong, and the recent acquisitions of Guardian and Trinity are performing ahead of management expectations.

Sales remain robust as contract renewal rates remain high and a number of significant three to five year contracts and framework agreements have been signed across all disciplines with new and existing customers since the beginning of the financial year. Notable sales wins include a fire solutions contract for London Underground, fixed wire testing for BMW and replacement fall arrest equipment for Morrisons.

This underscores our confidence in achieving a successful full year result in 2019, in line with the board's expectations.

John Foley, Chairman of PTSG, said:

"I commented in our 2018 results announcement on 26 March 2019 that 2019 had started well as we continued to deliver against our strategy to seek sector dominance in the markets we serve, which are underpinned by compliance demand. That position is unchanged, trading continues to be strong and the Board remains both confident and enthusiastic about the Group's prospects and performance. I look forward to updating shareholders on the Group's continued progress at the time of its AGM on 17 June 2019."

For further information, please contact:


PTSG [phone]
Paul Teasdale, Chief Executive Officer
Numis [phone]
Stuart Skinner
Kevin Cruickshank
Michael Burke





MIght be worth buying shed load ahead of 17 June

[cockerhoop] 23/5/2019 12:49

Having a further glance at the related party transactions:

The property sales are quite interesting imo.

The 2 freeholds sold in 2017 & 2018 have been from acquisitions J W Gray Lighting & Brooke Edgley Industrial Chimneys with the sale price being determined by ' The fair value was determined upon the acquisition'

The thing is that both properties appear to be revalued substantially downwards in the financial year of the acquisition. The JW Gray freehold down from 381,222 to 250K and Brooke Edgeley from approx £1m to £637,000.

The freeholds have been acquired by Ensco835 Limited whose sole directors are Peter Teasdale & John Foley.

Ensco835 had tangible assets of £3.3m in 2017 and received £332k from PTSG (excludes Brooke property and partial J W Gray rent) £462k was received in 2018 from PTSG - Seems a decent return for Ensco835.

[skatersav] 14/5/2019 21:49

At least they don’t have too many to sell. I wonder why a value shop would dump this thing when it’s sooo “cheap”!

[hatfullofsky] 14/5/2019 14:40

First Pacific Advisors selling down

[alamaison5] 13/5/2019 15:18

miahkaysor13 May '19 - 03:50 - 1332 of 1335
You might have to pay 100p ;-)

Do I need to thank you miaoo-miaoo? Cos I sold at 80p, lol.
Looking for 75/74p now.

[eezymunny] 13/5/2019 12:06

Can't beat a pointless rampy comment in the morning eh?

[buywell2] 13/5/2019 11:23

And now back to 76p

[rivaldo] 13/5/2019 08:08

Good to see PTSG starting the week strongly and continuing the bounce - a nice 50,000 buy just now at 82.6p.

EDIT - well, it was a good start :o))

[miahkaysor] 13/5/2019 03:50

You might have to pay 100p ;-)

[alamaison5] 12/5/2019 22:40

Can't wait 4 2morrow, to get another £2/3k.

[eezymunny] 12/5/2019 16:04

Masurenguy - 11 Sep 2018 - 16:20:59 - 959 of 1330 Premier Technical Services Group - PTSG
I also added a few on the dip earlier this afternoon.

Wow! That P&L looked so good!

Ouch ouch and ouch again!!!

Cash is king. P&L is fluff. Amateur mug punters never get past the P&L.

I hope it hurts...

[alamaison5] 11/5/2019 19:14

skatesav: if you can work out that only one-third of the story is out, then it implies that there is more to it.

Therefore could you please elaborate further and let us known your findings?

Or, is it just pure speculation making things up all along as you're as much puzzled, like everyone else, as to why we are so cheap?

Eezy brings research to this bb.
Do you?

[skatersav] 11/5/2019 15:27

Eezymunny - do you tweet as well? I’d like to follow your ideas. Good spot on this one (although I think only about a third of the story has come out so far).

[eezymunny] 11/5/2019 13:39

Yes I'm a weirdo.

My first posts on PTSG




Down 55% since then. Hope that didn't hurt too much!

Clearly I have no idea what I'm talking about....