Pressure Technologies Share Discussion Threads

[happyman7] 05/2/2015 09:05

i am waiting for my mate RCT to give his take on the situation. He is after all the one 'class act', on this b/b, who knows a bit about O & G related stocks (or so he says). I want to know if he is still going to the AGM next week for the Shefield social.

[apad] 05/2/2015 08:59

I took the view that this is an over reaction to the rns - surely nothing new - and that the property purchase is still a sign of confidence.
apad

[shanklin] 05/2/2015 08:40

PUGUGLY

To continue your metaphor, they are unclear at best as to whether the current storm might sink their boat before calm returns and they can sail happily into the sunset.

You'd have thought they would also have wanted to say something about their expected cash-flow positive if only to justify splashing out £3.4m on saving a mere £200k per annum. If they start having to borrow cash, I do wonder whether they will be able to do so at anywhere near the 6% p.a. associated with this purchase. If they do need funds, any lender is going to look at them twice for having been quite so profligate with what cash they did have.

Edit: The situation with KGTM is certainly not going to help management credibility on the cash management front.

All IMHO DYOR.

[undervaluedassets] 05/2/2015 08:36

Transparent, statesmanlike statement.

This company will do the right thing by it's investors.

Panicky aim type reaction.

I have bought at this level.

Short term weakness in its markets has gifted an opportunity today in the price.

[stardrops2] 05/2/2015 08:27

Why did they splash out several million buying the facilities then come out with news like this strange
Like macarre not a holder but very close to being one, watching with interest

[pugugly] 05/2/2015 08:24

Having re-read the rns multiple time the message received is that while the Board know they are in a hurricane of reducing orders they have little idea as to the size of the storm or how long it will continue -

to continue with the metaphor they should be battening down the hatches and reducing sail - otherwise there is a chance of their ending up on the reef of cash flow negative (all imo etc)

[yellowdog] 05/2/2015 08:19

Down 40% Now that's what I call Ptice fall!

[macarre] 05/2/2015 08:11

Almost bought 2 weeks ago. Glad I did not.

[gwr7] 05/2/2015 08:09

That's a terrible trading statement. They seem to be blaming everything on the oil price but there looks to be a deeper malaise.

[21trader] 05/2/2015 08:09

Beaufort are rubbish no online quote while a whole bus load of people buy no problem.

[21trader] 05/2/2015 08:05

No quote to buy online first 5 minutes I bet there is a good bounce.

[yellowdog] 05/2/2015 08:05

Hope so . Clearly further profit were were and are coming.

[21trader] 05/2/2015 07:53

Most would have took their profits. 30-50% in a week you do not pass up.

[pugugly] 05/2/2015 07:52

Rampers well and truely burnt - Sorry for those who were seduced -

Remember the old stock market saying - "Where there is a tip there is a tat"

[yellowdog] 05/2/2015 07:47

Price to tank(!) today. Well done to those who sold on the dead cat bounce.

[pj 1] 05/2/2015 07:45

No position
Easy for me to say but in some ways the honesty is quite unusual.

Not sure how Makt will react to that, you would think its more than priced in, but AIM aint rational, crtainly at the moment, is it?

Still on w/l, still a good company. Hopefully its under promise/over deliver time.

Good luck pj

[shanklin] 05/2/2015 07:07

What is the point of a very negative TS with no clue on the size of the order book or the potential outcome for even the interim results? All IMHO.

[nw99] 02/2/2015 10:42

Thx Zoo have locked in gains

[joemillion] 02/2/2015 01:19

I am looking to buy in tomorrow but don't see any reason to see any drastic fall in the share price . Rising oil price will help fuel (excuse the pun) the share price and we are still along way off from the recent highs and where we should be. I hope to see a steady rise back to £6.00. Time will tell.

[zoolook] 01/2/2015 23:20

More scary reporting of O&G cost cutting in the Sunday Times. Wonder if PRES will give back some of the recent gains tomorrow?

[cockerhoop] 30/1/2015 16:07

Envirovision,Where's my free money...............

[nw99] 30/1/2015 15:32

Yes nice isn't it retrace nearly completed

[pyemckay] 30/1/2015 15:32

up 50% from lows

[nw99] 30/1/2015 15:26

Wow £4 coming soon

[nw99] 30/1/2015 12:23

Chart looking better every day