Pressure Technologies Share Discussion Threads

[tintin82] 04/6/2015 08:26

Nuts! I was seriously reconsidering a re entry after bailing at 650 odd but staying clear after being cut by falling knives elsewhere.

[pugugly] 04/6/2015 08:24

Materially lower " results for the current and next financial year will be materially lower than market forecasts. "

Could this mean a loss ? Margins (sourse Refs) were 12.1% and must be under severe pressure. They were at a low of 2.93% back in 2011 when eps was only 3.5p

Dividend likely (imo) to be cut.

[rivaldo] 04/6/2015 08:19

Wow, commiserations to holders, Amazing to see quality companies like PRES, NBI, DRV and SSY (this morning) getting hammered recently. All have been high on my watchlist at various times, but it's difficult to do much about your sector going through bad times, currency fluctuations, one poor contract etc.

[pugugly] 04/6/2015 08:16

Sorry for all holders but you cannot say you were not warned time and time again.

The Uberbear.

[deltrotter] 04/6/2015 08:15

Agreed. If they are talking to the banks then I suspect it halves from here.

[rcturner2] 04/6/2015 08:08

I think the fact that they are already warning on next year shows that the order book must have collapsed.

[andyview] 04/6/2015 08:06

I had a lot of faith In these guys but the future is looking a little dark at them moment. Took a big hit and out at 200.... Ouch

[rcturner2] 04/6/2015 08:05

Dumped mine at 210p.

Going much lower I should think.

[gucci] 04/6/2015 08:00

Phew
What a lucky escape

[deltrotter] 04/6/2015 07:52

Yeah, I wonder if they are in real trouble. So blinking illiquid this could half in the first hour.

Tin hats time

[saj3] 04/6/2015 07:50

Glad I got out at 300p!

[my retirement fund] 04/6/2015 07:44

Indeed, its alarming they are unable to give any guidance on their present cash/solvency position in this statement.

I'm guessing that means they are currently in talks with banks on this already and do not yet have a deal.

[deltrotter] 04/6/2015 07:40

Yup, this one looks the worst of the lot.

[my retirement fund] 04/6/2015 07:37

PROFIT WARNING 1

Just two more to go then.....

[brummy_git] 04/6/2015 07:37

Pretty brutal 3rd profits warning this morning. " Board now expects that the results for the current and next financial year will be materially lower than market forecasts."

Any ideas what this translates into pounds, shillings & pence at the adjusted PBT line?

Explains the recent weakness in the shares.

[shanklin] 04/6/2015 07:36

Recent optimism here very misplaced.

[rcturner2] 03/6/2015 06:29

Interim results last year were released on the 10th June.

[macarre] 02/6/2015 20:23

I like the company and the chart is also looking good. Agree with emerald though that the share price may revisit 215 - 235p before it starts to move higher. At those levels I'm probably a buyer.
Anyone knows when is the next trading update?

[dlku] 02/6/2015 13:11

SEA nailed

[rcturner2] 02/6/2015 12:34

Poor statement from SEA today.

[emeraldzebra] 02/6/2015 11:23

agreed. i think they will re-visit about 220-230p area and push up slowly from there

[tudes100] 30/5/2015 00:09

SP now 64% off November 2014 high. I'd say risk reward here pretty good now. Of course the June results are going to be poor but I think most of this is now in the price ?
NBI share price approx 60% off November high so PRES pull back has been sharper. Anyone's guess whether the share price will be higher in 3 months but I'm pretty confident in 12 months PRES will be moving back in the right direction.

[rcturner2] 29/5/2015 14:00

It depends on the numbers and the outlook really. The market is pricing for a fall in revenue and profits, I think we all expect that. It is just a question of how bad/how not so bad the numbers actually are.

[dlku] 29/5/2015 13:44

Gonna get battered on the next update

[pugugly] 29/5/2015 13:41

AISHAH:> Yes: Can really see the selling pressure - Lots of small trades - Looks as though MM's are out on the scalping trail ! Another SCWS failure (imo)

However as I suggested above if there is a possible readover from NBI then could have a lot further to fall.

OK I know some refer to me as the UberBear but once cash is lost it is hard to replace - As someone once said "Profit is sanity" "Turnover is vanity"

Any downside targets in a worst case scenario ?