Pressure Technologies Share Discussion Threads

[jakedog2] 12/1/2015 10:13

What % of revenue is Oil & & Gas ?
Yes they are maybe making strides to diversify into other mkts, but does anyone have any % breakdown by division ?

Cheers
JD2

[stardrops2] 09/1/2015 13:02

PRES are know for there links to the oil and gas industries,but have made strides to move into different areas
I think this is oversold but still not committing funds,but watching carefully

[envirovision] 07/1/2015 12:11

indeed if they mgnt were buying then it would be nice to think about following them otherwise its a complete punt

[woodcutter] 07/1/2015 12:07

interesting to see a number of respected investors here all watching, as i am myself. With the share price more than halved from it's recent highs and per of around 8 based on forecasts it may look undervalued but looking forward it's hard to predict.

Perhaps a telling sign has been that there's been no director buying at this level, which suggests a measure of uncertainty in itself perhaps.

It's on my watch list!

Woody

[shanklin] 06/1/2015 15:11

No position here currently but, as previously posted, I think the next set of results will be pretty decent. Its the set after that which is I suspect likely to take a hit. Of course this is all guesswork as PRES refuse to be open about the size of their order book. All IMHO.

[macarre] 06/1/2015 15:06

Not surprised if PRES continues to fall to 287 now.

[rcturner2] 06/1/2015 14:38

I think a lot depends on what the next set of interims show. If the earnings drop off more than say 20% then this will be down for a while. If the earnings are up though then there will be a quick bounce from here.

[stardrops2] 06/1/2015 14:36

The oil service sector is getting hammered, anyone's guess where the bottom is
Once the carnage is over there will be some bargains around
I have 40% of my SIPP at cash,i intend to buy PRES and GMS as long term investments

[pugugly] 06/1/2015 13:30

Narrowest spread I think I have ever seen here ONLY 1p-

Possible interpretation a b
BIG seller in the background and MM's are trying to tempt possible bottom fishers before the knife continues to fall.

Looks to me as though nearly all players in the oil services sector have a lot more pain to come as crunch time hit capital expenditure.

Any targets for the bottom here ??

[stardrops2] 06/1/2015 13:12

Macarre


The old saying Never catch a falling knife springs to mind at the moment

[rcturner2] 06/1/2015 12:50

I did some very conservative calculations assuming that 20% of the profit is lost in the current oil market and fair value came out at 367p. Trouble is in a weak market like this shares will just drop without any support.

[macarre] 06/1/2015 12:48

Stardrops2 - perhaps better than you'd have hoped for - PRES in the 340s now. Go for it.

[rcturner2] 05/1/2015 17:30

Yeah Greek election 25 jan could be a day to remember.

[macarre] 05/1/2015 16:00

Yep, but is does not mean all shares will underperform in Jan/Feb.
In particular, the FTSE100 is falling and will probably continue to do so over the next few sessions. But that may not be true for a lot of AIM shares.

[stardrops2] 05/1/2015 15:29

you can never be sure were the bottom is.January is worst month for stock markets followed by February
I will be tucking a few of these away mid to late Feb at around 340p hopefully

[macarre] 05/1/2015 15:27

Tested the 370p level a few times. Perhaps now?

[zoolook] 05/1/2015 15:05

and how will you know when that point is ?

[macarre] 02/1/2015 22:13

Looks like a decent business undervalued by the market at the moment. Will keep an eye on it looking for a good entry point.

[coppertrader] 02/1/2015 18:33

Nice late jump up. News tomorrow?

[undervaluedassets] 18/12/2014 15:50

Fall so overdone here. Results were stupendous.

oil price will steady and go up.

[rcturner2] 18/12/2014 12:21

ConocoPhillips have cut their capital budget by 20% in response to the fall in oil prices. So although this is not great, it is not quite the end of the world that some are predicting.

[shanklin] 18/12/2014 09:14

Interesting read across?

[cockerhoop] 17/12/2014 23:39

Good article IC,


I especially like the line:

“My belief is that biomethane production in China will be bigger than the rest of the world combined,”