Updates

Pressure Technologies

November 2020

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.

Pressure’s trading update is a curate’s egg - good and bad in parts. CSC is performing well. It secured a second significant contract to supply nitrogen storage solutions to EDF for several UK nuclear power plants. The order is for delivery through to mid-FY21 and is worth >£3m. In June, CSC also won an order from BAE for the supply of cylinders to the UK MOD’s Dreadnought submarine program. However, there are delays in procurement of materials and the delivery slips into FY21. Consequently, CSC will report reduced profitability.Precision Machined Components has also experienced challenging trading as a consequence of the weak oil price. Despite mitigating actions including t ...

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Codemasters - Walloping expectations again

Medica

Pressue Technologies (November 2019)

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