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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Premier Technical Services - Take-over yields 188% gain

August 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.

  • Epic Code:
  • PTSG
  • Price:
  • 210.1p
Premier Technical’s shares leapt to 209p after the company announced a recommended take-over offer of 210.1p cash from Macquarie, an australian investment bank. The acquisition price represents a 141% premium to the closing price of 87p that it had been trading at prior to the announcement. That represents an exit PE of 15.4 based on forecast eps of 13.6p for this year.It looks generous enough. We are accepting the offer. ...

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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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