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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Premier Technical Services - Gain to date: 164%

June 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.

  • Epic Code:
  • PTSG
  • Price:
  • 193p
We first alighted on Premier Technical Services at 73p in November ’16 and the shares have since hit a high of 215p before a slight pull-back. Full year results reflect this progress and were boosted by the acquisitions of Nimbus and BEST (in the lightning protection sector) and UK Sprinklers (sprinkler systems).Revenues rose 35% (11% organic, 24% acquisition) to £52.9m while pretax profit increased 36% to £10.2m. Earnings per share rose 28% to 9.7p. Operating margins of 20.1% (FY ’17: 20%) reflected good cost control and higher engineer utilisation rates.While the access & safety division, which installs and maintains fall arrest or fall restraint systems to protect people working at height, incre ...

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Premier Technical Services - Take-over yields 188% gain (August 2019)
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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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