Pressure Technologies Share Discussion Threads

[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

[nw99] 30/1/2015 07:10

Oil price rising should find buyers again

[cockerhoop] 29/1/2015 13:09

Apad,

Agree with that, always been conservative at PRES so spending on the freehold says lots though perhaps using some of the money they had set aside to buy another 40% of Kelley which is less likely now imo.

Not long to the agm now.

[msarwar014] 29/1/2015 12:54

Obviously low oil price does not help,but then again oil industry needs PRES technology to reduce costs.

[apad] 29/1/2015 12:49

RCT
Trumped by the purchase of property I believe. A very strong message about company confidence.
apad

[rcturner2] 29/1/2015 12:45

A lot depends on current trading and how much the oil price fall interferes with the medium term outlook. PRES is reasonably well diversified and has a strong balance sheet but still depends heavily on the oil industry, where cuts in capex are obviously being made.

[nw99] 29/1/2015 12:31

I think we can get a 50% retrace to £4.50 area

[msarwar014] 29/1/2015 12:01

nw99 what short term target price you have on pres?

[nw99] 29/1/2015 10:43

Added another chunk here

[nw99] 29/1/2015 09:43

Buyers in now

[nw99] 23/1/2015 07:31

Oil price rally will help

[macarre] 22/1/2015 20:14

NT picked up a few today. Tempted to do the same over next few days, but probably not this week.

[nw99] 22/1/2015 10:07

Yes good news I've bought in here as well

[rhatton] 22/1/2015 09:09

Nice to see investec increasing slightly

[cafe tabou] 20/1/2015 16:15

It's dropped a long way since Nov. I'm in for 2500 at £3.

[onjohn] 20/1/2015 16:00

Industry research group Baker Hughes said Friday that the number of rigs drilling for oil in the U.S. fell by 55 last week to 1,366, the lowest since October 2013.

[21trader] 20/1/2015 15:57

Still under £3 but not for long as full 300p to buy and good premium to sell

[topvest] 19/1/2015 20:12

Yes, a good move. Much better to own your premises and gives the group better asset backing medium term as well as saving money.

[rcturner2] 19/1/2015 16:51

I think the advantage of that RNS is that it gives the impression of "business as usual". They would hardly spend money on the freehold if they were under pressure for cash. This adds more to the bottom line, which can only be a good thing.

[21trader] 19/1/2015 16:34

550p in mid December guess the bounce has much more legs than current 30p looks a good bet to break back above 300p early in the morning.

[cockerhoop] 19/1/2015 13:08

Slater feeling a little PRES pain in December

[rcturner2] 19/1/2015 10:59

A good sign this, no obvious need to preserve cash.