Pressure Technologies Share Discussion Threads

[tudes100] 22/4/2015 07:49

Looks like the share price has bottomed but given the roller coaster ride sector has had so far who knows. With results in June I just can't see too many taking the risk before then unless poo really kicks on.

[brambuz80] 22/4/2015 07:19

Does anyone expect results being better than what initially feared? What would the price action based on charting?

[davidosh] 10/4/2015 10:38

Just to let you all know that PRES will be exhibiting and presenting on the Friday at the two day investor workshop event on the 23rd or 24th of this month...There are lots of investor educational workshops and great speakers so worth coming along to join the hundreds of investors that will be there.

If you are keen on small caps and quality companies where you will be able to meet the directors then you should come to the Mello investor workshops event as we will have at least 30 coming.

[rcturner2] 10/4/2015 09:52

Interims early June last year, so probably about 2 months away now.

[happyman7] 01/4/2015 19:38

There is absolutely nothing wrong with keeping an eye on a share you don't hold but posting comments especially negative comments can only lead to a bit of a backlash.

I monitor a number of shares but only post where I have a holding and don't post on every share I hold.

It is rather self indulgent to come on and say to holders that you have certain issues with a share they hold.
The impression given is that the non holding poster is smarter/more astute than than the holders and the reaction should come as no surprise especially IF (?)the non holding poster is smarter/more astute.

RCT2, for you dear boy........., (not my script, but true indeed) and if the cap fits and it certainly does !

[rcturner2] 30/3/2015 08:19

Double post I assume deleted by advfn.

[pugugly] 26/3/2015 16:21

Can anyone double chek me re the Kelly loan - After ther writedowns in the last accounts I make the balance outstanding (if all goes pear shaped) some £1.4 million or about 10p per share -

Am I missing something ? If not it may account for some of the current share price weakness - However at the moment only rns re major selling is that of Investec . The rest seem to be holding steady


Significant shareholdings as at 28 February 2015
Schroder Investment Management
1,386,016
9.64%
Liontrust Asset Management
1,346,783
9.37%
J.T.S. Hayward
1,002,221
6.97%
Hargreave Hale
879,730
6.12%
Clients of Charles Stanley
722,703
5.03%
Hargreaves Lansdown
572,456
3.98%
James Sharp
556,010
3.87%
AJ Bell Securities
544,693
3.79%
Artemis Investment Management
517,500
3.60%
Unicorn Asset Management
467,167
3.25%
Slater Investments
450,000
3.13%

BMO Global Asset Management (Europe)
435,769
3.03%
Aviva Investors
435,662
3.03%

However now very much ex growth (subject to price of oil) and managment overheads significantly higher but reduction in rental costs as property purchased.

QUESTION- What would be a appropriate forward p/e for a small niche engineering company and any guesses at likley 2015 frs3 eps.

Just to start us off (in the absence of any recent brokers notes I suggest somewhere in the region of :-

Estimated eps 2015…………………… 0.160
Est adjusted eps 2015 0.220
Forward pe ratio…2015R30;……230;.. 12.5000
Forward adjusted pe ratio…2015 9.0909

The above p/e's calculated at £2.00 per share.

No crystal ball - I could well be out by over 50% either way but just to get a discussion going - Thoughts ?? (or is it just too uncertain to even hazzard a guess in the current economic climate ?)

[Declaration I bought back in 2008/2009 and sold most during 2014 but am considering a re-entry as management seem competent honest and straitforward - more than you can say for many ]

[james188] 26/3/2015 14:23

I think that the acquisitions were smart moves - although I worry a bit about the US move. The last six months have been painful for most shareholders (me included), but the underlying businesses still look strong. Anyone who attended the recent AGM would not have detected a business on its knees. We'll see how it looks a year from now.

[andyview] 26/3/2015 13:57

I certainly wouldn't rule out consolidation in this sector. Makes for an interesting hold IMHO.

[emmo1210] 26/3/2015 13:54

There's just too many unknowns. And probably too many new subsidiaries added at the worst possible time (they weren't to know) to have any idea of profitability here. If they struggle to win business to justify the add on's it could be catastrophic. If oil recovers in 12-18 months it could swing the other way for them. Too much of a gamble.

[envirovision] 26/3/2015 11:20

Hmm, I dont think this ones going to see any sudden sustained recovery from an oil price blip, this has suffered serous damage and like a large ship at sea wont be turning around in any hurry. With all major trend lines and fib retraces shot to pieces would anyone care to have a guess where and when the bottom may lay?


free stock charts from uk.advfn.com

[sundance 13] 26/3/2015 11:12

Wierd to see it down again given oil price strength today.

[paleje] 26/3/2015 11:08

MoneyWeek has a view on oil price this morning, I don't know if they're right but nobody gets it completely right. Point is, we're probably somewhere near the bottom and this is a good well managed company acknowledging short term problems, not of its making, but looking medium term and beyond with confidence, possibly good entry around these levels? Think so.

[emmo1210] 25/3/2015 14:16

I don't think an established bottom in oil will necessarily lead to a pick up in orders. It will need the price of oil to get over the the cost of production which is a long way off for many oil companies. Saudi's have said last week they have no intention at all of cutting production. Eventually higher cost producers will be forced to the wire which is what they want but by all accounts that could take a long time.

Interesting chart showing inflation adjusted price of oil going back to 1940's



History shows us that oil can remain low for long periods and if anything it was vastly over priced from about 2000.

[pugugly] 25/3/2015 11:55

Investec below 3% rns of 6th March 428,761 2.98% If still selling should now have cleared BUT continuing to drift down.

It will be interesting what they can reveal at Mello apart from confirming that there is pricing pressure from customers and and a slow down in orders (already trailed in the previous rns's)

We need to see an estasblished bottom for the pricing of hydtocarbons (I suspect) before there is any pick-up in orders. Marking time and cash conservation may be the best we can hope for - Very much ex-growth for the moment (imo).

So what share price should we target (say a 12 & 24 month target) in this environment and possibly, of more short term importance, - how many stale bears are still holding and will take advantge any bounce to reduce their losses.

[davidosh] 17/3/2015 17:07

I will just mention that PRES are one of a very select group of companies that are being allowed to exhibit and present at our Mello Investor Workshops event in Peterborough on Friday 24th April. It is actually a two day event with 280 investors attending already. We can hold up to 500. There will be at least 50 investor workshops and 16 company presentations www.melloevents.com/workshops/ You are all welcome to join us ?

[happyman7] 17/3/2015 13:03

This share is not not looking good, i am sorry for shareholders, such as my buddy RCTurner2. The low PEG value, must count for something, surely.

[d4v1db] 13/3/2015 13:01

LSV, I can't see any good reason either. Oil price has fallen back a bit over the last week and a few oil companies, TLW in particular have dropped significantly in the last few days so may just be further uneasiness in the sector impacting.

[lsv profit margin] 13/3/2015 12:41

It looks to have been dropping quite a bit this past couple of days on fairly low volumes of trades. I can't find any particular reason why, does anyone know of any news?

[gucci] 02/3/2015 12:28

good looking chart

[envirovision] 26/2/2015 08:45

Yes thats true, at the end of the day they simply felt wealthy enough to buy it I guess.