Pressure Technologies Share Discussion Threads

[yellowdog] 09/12/2014 08:03

P/E still v high though. Looks expensive to me.

[undervaluedassets] 09/12/2014 08:00

We have already had the share price plunge before the results.

And the results are excellent. better than excellent in fact.

[shanklin] 09/12/2014 07:50

The adjusted earnings are well above forecasts are they not?

[pugugly] 09/12/2014 07:48

Results would normally be seen as fantastic BUT significantly down against the last Charles Stanley estimate that i have seen. Charles Stanley est pre tax £6.4 m outcome £5.6M CS eps 38.1 -v- outcome 28.5p Dividend OK

Outlook statemetn considerable caution so maybe the CS estimates for 2015 will have to be reduced.

Will need to see initial market reaction .

[andyview] 09/12/2014 07:43

Excellent results today, showing strong growth....very positive IMHO.

Gla

[brambuz80] 09/12/2014 07:23

Great RNS and yes maybe orders in the cylinders market are expected to be lower but at the same time the company retains a positive outlook for next year which has started on a more solid foot than 2014.Order book up 14% bodes well despite a likely slow down in oil & gas...hopefully it will nudge back up to over 600p.DYOR

[pyemckay] 08/12/2014 12:53

brave man buying the day before the company releases an RNS. Its main market is tanking and most probably will spend months in the doldrums. I watch with interest.

[cockerhoop] 08/12/2014 11:00

RCT,

The business isn't that broadly based. For 2013 80% of revenue was Oil/Gas related, even with this this years acquisitions the balance won't have changed that much.

I'd be very surprised if the outlook statement doesn't contain caution with regard to the cylinders division. Al-met may also be susceptible with the products they manufacture (subsea trees).

Not long to wait now anyway :-)

[andyview] 08/12/2014 10:37

I'm with you rct2, added this morning.

Gla

[rcturner2] 08/12/2014 08:07

Decided to double up with 1800 at 560p.

It doesn't seem likely that anything has gone majorly wrong here. There may be some short term headwinds over oil services, but I have confidence in the broad nature of the business and the strength of the company as a whole.

[davidosh] 05/12/2014 17:25

Great response guys and I have now asked for an extra couple of places if some more of you want to come along on Tuesday ?

[davidosh] 05/12/2014 11:20

I have set up a results presentation and lunch in London with the directors for next Tuesday 9th December at 1pm if any of you would like to join me as I have five places available ? You can email me through my mellomeeting.com website just put meeting in the subject title.

[johnv] 02/12/2014 09:47

I think post 982 sums it up about right.

[nw99] 02/12/2014 09:05

Sliding again I am out too much exposure to oil

[james188] 01/12/2014 22:20

In my view it remains a first rate company - and some people may be forgetting that it has recently bulked up considerably in the Alternative Energy division by acquiring the business/assets of Greenlane Biogas Holdings Limited, so this is now a material part of the group whereas before it was in the weeds.

Like others, I was happy to top up today on this price dip (in two chunks, as I could not secure the amount I wanted in one go), but I fully accept that this is a mid to long term play.

[coolen] 01/12/2014 21:46

Opened: 645-655p.
String of small sellers followed, some marked at below the bid price, with a significant (?) sale of 6,000 @ 525p timed at 8.56 am (report delayed by 1 hour).
That's the sniffy one.

[fruitninja84] 01/12/2014 16:48

MM only order book, highly illiquid. Level 2 is of little use here, but because of the wide spread the computer can accurately tell the difference between buys and sells.

[brambuz80] 01/12/2014 16:10

Anyone with L2 cares to comment?

[pyemckay] 01/12/2014 11:10

big sellers in the background probably.

[rcturner2] 01/12/2014 11:09

I think the current year will be fine. It is the forward statements that will be interesting, particularly the current order book and recent trading.

[wjccghcc] 01/12/2014 11:01

It's unlikely to be insiders. More common sense. Almost all their profits come from the oil and gas sector, particularly the new rigs. That's bound to suffer in a low oil price environment.

[rcturner2] 01/12/2014 10:53

possibly, although the trades are actually small fry, it doesn't look like insiders unless there are bigger sells in the background

[pyemckay] 01/12/2014 10:40

mug punters aka the PI is always last to know. anyone who doesn't think there is a profit warning on the oil gas side is very naive. insiders getting out. this is near buy territory but awaiting dust to settle.

[pyemckay] 01/12/2014 10:40

mug punters aka the PI is always last to know. anyone who doesn't think there is a profit warning on the oil gas side is very naive. insiders getting out. this is near buy territory but awaiting dust to settle.

[essential] 01/12/2014 09:19

Topping up at these levels