Updates

Premier Technical Services

November 2017

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.

The shares soared to a new high following strong results and an in-fill acquisition of UK Sprinklers, which installs and maintains sprinkler systems in residential (typically multiple dwellings) and commercial locations, for £2.5m. It generated revenues of £3.5m and pretax profit of £0.8m, implying a PBT margin of 23%.Interims were slightly ahead of expectations with healthy organic revenue growth of 14% and acquisitions, leading to sales rising 19% to £21.9m and operating profit increasing 20% to £4.4m. Eps rose 21% to 3.9p.Following a reorganisation PTS now has four divisions. The mainstay is still its Access & Safety side, the installer and designer of fall arrest / restraint equipment for ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Premier Oil - Asset disposal yields strong gain

Enquest

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

Premier Technical Services - Liquidity issues receding (June 2019)

Premier Technical Services - Terrific acquisition leads to upgrades (March 2019)

Premier Technical Services (December 2018)

Premier Technical Services - Gain to date: 164% (June 2018)

Premier Technical Services - Gain to date: 82% (September 2017)

Premier Technical Services (June 2017)

Premier Technical Services - Provider of specialist safety services enjoys 50% eps upgrades (November 2016)

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X