Pressure Technologies Share Discussion Threads

[garth] 08/7/2019 12:26

"Major defence programmes are often subject to changing schedules and technical variations outside our control. The volume of defence work in the second half is expected to be lower than in the first, with revenue weighted to other sectors that attract lower gross margins. As a result, return on sales in the second half is expected to be lower than for the first."

Half one buoyed by contract timing on defence work...?

G.

[nw99] 08/7/2019 09:11

Quality company used to be £7

[jeevsje] 08/7/2019 09:05

Are these the same guys that said the business would be debt free after the Greenlane sale? Says a lot about their research skills.

[rhomboid] 08/7/2019 08:55

A v positive article in SCSW ...has had the usual impact...it was so positive it omitted to mention the ongoing HSE matter

[nw99] 08/7/2019 07:27

Cash from the sale of the Alternative energy unit reduced debt and now on 2x ebitda very cheap

[jeevsje] 07/7/2019 23:14

Balance sheet looks weak, esp with the debt. Need to forecast additional legal fees due to HSE case. They may be liable for a significant fine if found guilty.

[nw99] 07/7/2019 10:54

Order books acceleratingForecasts are on the low side Gresham has acquired 19% stake BUY

[paleje] 26/6/2019 15:25

House broker forecast 2019 eps 8.2p and 10.1p for 2020.

[nw99] 25/6/2019 09:22

Topped up here

[nw99] 25/6/2019 07:52

First resistance around 2 pounds ,Until then clear blue sky

[montynj] 25/6/2019 07:34

Great results

[nw99] 22/6/2019 12:06

The oil price has had a renaissance and this is presently boosting the other side of the group, which makes engineered products. Pressure machines difficult-to-work-with-alloys of steel and carbides and then fuses them together to produce parts used in high pressure choke and control valves in underwater wellheads that control flow (subsea trees);

[onjohn] 18/6/2019 17:30

Oil prices erased earlier losses and surged on Tuesday morning after U.S. President Donald Trump said that he would meet his Chinese counterpart next week to discuss the ongoing trade dispute, lending hope to the oil market that talks will resume after weeks of stalemate.

“Had a very good telephone conversation with President Xi of China. We will be having an extended meeting next week at the G-20 in Japan. Our respective teams will begin talks prior to our meeting,” President Trump tweeted on Tuesday morning.

Great news for oil and great news for pressure

[onjohn] 18/6/2019 11:13

Bowl to 200

[nw99] 17/6/2019 17:53

Master investor However, at just 117p each, I really do rate this stock as a strong recovery prospect and that its shares could well be significantly undervalued in relation to its potential.Being cautious, which is unusual for me, I know, I will just put out a 2019 target price of 170p, to be achieved within the year. Remember that this company is a highly specialised manufacturer and with a clear profits trail in sight its shares could easily be very much higher.is year.

[westofengland] 11/6/2019 17:33

Thanks Webpax.

[webpax] 11/6/2019 14:31

SCSW - Small Company Share Watch - a paid subscription tipsheet

[westofengland] 11/6/2019 11:46

An idiot question- what is SCSW?

Looks like this stock has got good, solid momentum.

[nw99] 11/6/2019 08:41

Debt free after sales completes in a few weeks

[webpax] 10/6/2019 21:30

Decent first days trading for Greenlane up 15% at the close on TSX

[nw99] 10/6/2019 08:14

SCSW nice mention

[jeevsje] 08/6/2019 21:32

How can these guys be trusted with performing a detailed analysis considering they can't even get basic and simple info such as debt levels right.

[webpax] 08/6/2019 10:09

Tipped in SCSW this morning although incorrectly states the group will be debt free after the sale of the alternative energy division.Good write up concluding with:"I will revisit the financials once the disposal completes but I think the shares are an excellent buy. More in due course."