Primary Recommendation

Pressure Technologies - Order intake +85% year on year for precision engineering as headcount climbs

July 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

You might recall on SCSW that I featured Pressure Technologies’ shares first time around in September 2013 at 313p. They soared to almost 700p in less than a year, although the oil price collapse then saw them land with a bit of a bump. Last month I briefly touched on the shares again as I felt that the time was right for a second bite at the cherry. Since then, I have met with new chief executive Chris Walters and finance director Joanna Allen and I retain my positive view of prospects.Pressure could so easily have disappeared into the mists of time when the oil price fell out of bed in 2017. If I was being unkind I would say it is another example of ambitions outrunning execution, a company whose weaknesses were eventually ...

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XLMedia - PE of just 4.6 (adjusted for cash)

Premier Technical Services - Bid at 141% premium from Macquarie

Pressure Technologies (November 2020)

Pressue Technologies (November 2019)

Pressue Technologies - Excellent prospects (June 2019)

Pressure Technologies - Fall in oil price creates uncertainty (January 2015)

Pressure Technologies - Two acquisitions - and two forecast upgrades (October 2014)

Pressure Technologies - 18% upgrade to forecasts (July 2014)

Pressure Technologies - Eps enhancing acquisition of Roota (April 2014)

Pressure Technologies - Order book 100% ahead (March 2014)

Pressure Technologies - Wins largest ever £4.2m contract (February 2014)

Pressure Technologies - Riding positive super trend in deep sea exploration (January 2014)

Pressure Technologies - "Will beat expectations" (November 2013)

Pressure Technologies - Fast growing specialist engineer (September 2013)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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