Updates

Premier Technical Services - Buys Guardian Electrical; 9% eps upgrade

November 2018

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.

PTSG has announced a placing of 12.7m new shares at 157.5p to fund acquisitions.It has already agreed terms to buy Guardian Electrical Compliance for an initial £11m on a cash and debt free basis. There is also a deferred consideration of up to £4m if Guardian grows by 20% in each of the next three years.Guardian is an electrical testing and compliance company and enhances PTSG’s presence in the electrical safety services market. The business has three offices in Sheffield, Milton Keynes and Gloucester and has c.150 engineers and staff. The majority (90%) of its revenue is from fixed wire testing. It has been growing strongly with sales and operating profit having grown at a compound 22% and 36%, respectivel ...

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Kape - Another acquisition

Smart Metering Systems

Premier Technical Services - Bid at 141% premium from Macquarie (July 2019)

Premier Technical Services - Fire safety acquisition drives growth (April 2019)

Premier Technical Services - 10% upgrade to forecasts (February 2019)

Premier Technical Services (August 2018)

Premier Technical Services - Firing on all cylinders (July 2018)

Premier Technical Services - Unprecedented demand for fire solutions (April 2018)

Premier Technical Services - New issue with an impressive track record of growth (April 2015)

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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