Pressure Technologies Share Discussion Threads

[my retirement fund] 28/6/2022 07:42

Took 6K for just over 71p looked like a bargain to me, each to their own I guess.

[andyview] 28/6/2022 06:49

The outlook reads much more positively imho..market will decide no doubt

Gla

[garth] 28/6/2022 06:45

Maybe its just me, but the trading statement didn't leave me expecting "major contract defence placement delays" or for revenue to be down by £5m in the first half.

"As expected, the timing of major defence contract placement
and phasing of contract milestones resulted in significantly
lower first-half revenue of GBP6.3 million (2021: GBP11.3
million) and adjusted EBITDA(5) of GBP0.1 million (2021:
GBP3.3 million)"

Did I miss something obvious?

G.

[robertspc1] 21/6/2022 14:28

Added a few on the dip. Fundamentals should be improving

[andyview] 17/6/2022 07:13

Really small spread today, added a few

Gla

[cerrito] 12/6/2022 17:25

I have not paid these shares much attention recently and the last trade I did was a small purchase April last year
I went on to the website of Pres, Chesterfield Cylinders and Almet but none of them had a news section to see if anything happened of interest which did not justify a RNS. No surprise that the Chesterfield website had a long list of vacancies but this did not feature on the Almet website.
I saw the reference in the AGM trading up date to PMC’s clients and checked to see how the shares of Halliburton performed- up 55% YTD but had gone nowhere in the last 2 months and to Baker Hughes whose shares are up 37% YTD but have also stalled in the last 2 months.
Not much change in the share register year to date. Just as well given low trading volumes, especially in the last 6 weeks. On May 19th 52k shares traded and in this period only 3 days in which more than 30k traded. As always one has to hope that neither Schroders or Harwood lose patience and decide to sell…if that was to happen the mind boggles as to where the price will end up. I remember at the AGM in Singers’ office just before the first lockdown, the then Chairman Gardner was explaining the personal connections he had with large investors, and of course now he has gone. I have just seen that only a third of the shares were voted at the AGM which suggests that some of the larger hiolders did not bother to vote.
On past form , this week or next we will get the interims and I hope we have an IMC or similar presentation of these. What should we be expecting? Hopefully better than the half year to September 21 when the trading profit was only £2m way down on the figures of recent years apart from the £1.4m in the half year to September 20. They of course told us in the AGM TU that they are confident of meeting full year market expectations. We have no idea what the board regards as full year markt expectations but I note that their house broker has this year’s PBT going from last year’s negative £1.9m loss to a profit of £0.9m and sales going up from £25.3m to £29.5m which given Pres’ bullish commentary should be well feasible.
PS Well done to those who bought in the 60’s in March.

[andyview] 30/5/2022 13:08

A sea of blue today, good to see

Gla

[andyview] 30/5/2022 13:08

A sea of blue today, good to see

Gla

[andyview] 30/5/2022 11:03

Added a few more today too

Gla

[andyview] 23/5/2022 08:24

Looks like you started something Robert!
Gla

[andyview] 23/5/2022 08:16

Think I’ll join you there Robert


Gla

[robertspc1] 23/5/2022 07:58

Adding a few at these levels for LT pension pot

[andyview] 16/5/2022 08:26

Without wanting to sound repetitive, looking good for a move north of £1 imho

Gla

[andyview] 13/5/2022 09:21

Yeah spread is normally a killer but think it’s been a lot better over the past few days. Although pushed it out a bit today.

Gla

[andyview] 13/5/2022 09:13

I would agree about not carrying much (if any?) and as such any buying ‘pressure̵7; will see this push on.

Gla

[tresham] 13/5/2022 07:45

I don't think they carry much stock. More likely there are no sellers.

[andyview] 13/5/2022 07:23

Again limited 500 shs available at market buy, are mm’s short of stock?

Gla

[andyview] 12/5/2022 13:14

Just 1000 available on a market buy, bodes well for another tick up

Gla

[andyview] 11/5/2022 14:41

NT at 87 which may see us move up again

Gla

[andyview] 11/5/2022 14:32

A few more buys in today and a tasty little rise too!

Like to see this heading back up towards the 100 mark and beyond.

Gla

[andyview] 11/5/2022 14:32

A few more buys in today and a tasty little rise too!

Like to see this heading back up towards the 100 mark and beyond.

Gla

[robertspc1] 10/5/2022 08:15

Added too. Big Dreadnaught contracts announced should filter down to PRES in years ahead

[andyview] 09/5/2022 12:27

Added a few here

Gla

[robertspc1] 06/5/2022 21:16

Buy buy buy on this weakness for me