Pressure Technologies Share Discussion Threads

[my retirement fund] 31/3/2022 09:20

long term downward trend is well and truly broken, this is clearly on a long term upward trajectory and should be bought at every opportunity. Significant long term upside.


free stock charts from uk.advfn.com

[garth] 31/3/2022 09:01

Added a few last week. Glad now that I did. Good update. Looking to add some more when fresh funds arrive.

G.

[andyview] 31/3/2022 08:39

From November last year;

[andyview] 31/3/2022 08:23

Added a few more but NT for anything over 600 shares.

Particularly liked the hydrogen but in the update:

As expected, during the first half of the year, the pipeline of opportunities for static and mobile hydrogen storage systems for delivery in the remainder of FY22 and FY23 grew significantly.

To meet the expected increase in demand from the hydrogen energy market, investment in the Sheffield facility continues to plan and is focused on delivering the capacity and operational efficiencies that will reduce lead times and improve contract margins.

Gla

[tresham] 31/3/2022 08:15

i would have been surprised if the update said anything different. However it looks as if I am going to have to pay more for a stake in PRES

[my retirement fund] 31/3/2022 07:59

Excellent and to think this is just the start of it as both oil and gas, green energy and military spending has all recently been supercharged.

[andyview] 31/3/2022 07:51

Added over the past few sessions and pleased with the update. Held this one many moons ago and would be good to see it retain some of its past glory!



Gla

[riddlerone] 31/3/2022 07:25

Very positive trading update

"In Chesterfield Special Cylinders, the overall order book has reached its highest level for over five years, as order intake for high-value defence contracts increased during the first half of the year, with manufacturing scheduled to commence as expected in the second half.

[zingaro] 30/3/2022 18:03

riddler one: a good one, worth copy the text into here:

Chesterfield Special Cylinder is a world leader in the development of comprehensive customized solutions in the field of cyclic cargo storage and distribution of hydrogen and other high pressure gases; intended for hydrogen plants, submarines, navy and transport vehicles. Chesterfield has already delivered static Hydrogen storage solutions in Scotland for ITM Power, the Netherlands for Shell and France for McPhi. In these projects, more than 25kg per day of H2 are recharged cyclically.

JG Automotive is the commercial and technical office of Chesterfield Special Cylinders in Spain and Portugal.

[riddlerone] 30/3/2022 17:30

JG Automotive with its Partner Chesterfield Special Cylinders will be exhibiting at the European Hydrogen Conference 2022 in Madrid.

[millington732] 27/3/2022 20:35

28 Feb 2022 announcement said:"The Group's AGM will take place on Thursday 31 March 2022 at 10:00am at Sopwell House, Cottonmill Lane, St Albans, Hertfordshire AL1 2HQ."It's an open meeting with request to register.2021 AGM had a trading update on the day.https://www.investegate.co.uk/pressuretechnologies--pres-/rns/trading-update-and-notice-of-results/202103300700068679T/

[my retirement fund] 25/3/2022 14:10

6p spread = absurd

[my retirement fund] 25/3/2022 14:09

Agree it seems market makers are happy to take the shares but not so happy to sell them to us. Either they have been running a short book or have some kind of large buy order to work on for somebody that we don't know about yet.

[riddlerone] 25/3/2022 08:03

Have only recently acquired a position here myself but had to buy with limit orders.You would not expect it to be that difficult as they had quite a large placing some 16 months ago so not as illiquid as many others.

[my retirement fund] 24/3/2022 12:30

Managed to get another purchase in, difficult to buy here, is that normal ? I guess its the normal illiquid aim issue?

[riddlerone] 23/3/2022 14:11

Maybe nothing has changed operationally but what a difference two months have made for the outlook for Oil & Gas,Defence and Hydrogen.Agree with your views re the closed AGM seems a cop out.

[cerrito] 23/3/2022 13:55

Who knows if we will have a TS next week :we have not had one in the past with the AGM and not sure if much has changed since thr Prelims announcement in mid January.
While the IMC presentation was v good, I am very disappointed that in an era when the. theatres and cinemas are open that they have a closed AGM.

[riddlerone] 23/3/2022 13:35

If you haven't seen this its worth a watch.

[riddlerone] 23/3/2022 13:27

No stamp duty on AIM stocks

[my retirement fund] 23/3/2022 13:25

I've taken an initial holding here. I am swayed by the market outlook for UK oil and gas infrastructure as well as well as Defence spending spending. It is a great pity their largest potential market, the EU who are also increasing spending in both markets have been politically and to some extent commercially alienated by the British, particularly because both these key markets traditionally run commercially in tandem with political institutions and governments that carry huge spending sway.

Hydrogen is just a jam tomorrow, icing on the cake story right now.

I was surprised not to be charged any stamp duty. Any particular reason why ?

[riddlerone] 23/3/2022 12:34

With the AGM this time next week I wonder if we will get another update.

[riddlerone] 23/3/2022 12:32

Sector news and one of our customers

[riddlerone] 22/3/2022 11:46

With thanks to Skinny on the ITM thread,

"Specifically, hydrogen mobility will be high on the agenda for Air Liquide in the next three years. Heavy-duty hydrogen mobility in-particular has been outlined as a “high potential” market."

[tresham] 08/3/2022 15:56

Thank you both. Defence should mainly be sold to the UK. Hydrogen storage also looks huge in the UK. So I am not too worried about Brexit problems. The one problem seems to have been management/ Board purchases of business at huge prices. A lot will depend on new management. I might buy after results. When would that be?