ukm
11 Jul 2017
Any views on the outlook for these Just curious to see if people are holding, or selling out. Cheers.
Ramptastic
29 Jan 2017
Cantor Fitzgerald Upgraded to strong buy from hold mid Dec. This is what probably caused the recent hike.I'd be interested to read their assessment.J
Ramptastic
24 Jan 2017
Re: Extraordinary rise I agree Bob, it would be a shame to see them taken out.I'm amased that there is no RNS with at least a "significant holding" being disclosed from someone.Hopefully we will find out what's up soon.J
10Bob
24 Jan 2017
Re: Extraordinary rise Very good to be back in the blue on this one.It has been a great rise on no obvious news, but very happy about it. I really like the management of this one, and they've responded well to external events and the oil price..
Ramptastic
18 Jan 2017
Re: Extraordinary rise Its such a good rise I'm wondering about some take-over action from a US predator.J
IOMINVESTCOM
18 Jan 2017
Re: Extraordinary rise Another decent day today......maybe Biomas contract win news on the way.
Blanketstacker
11 Jan 2017
Re: Extraordinary rise Great to see you back Zulu! All the very best for the coming year (There was a good acquisition here last month, and the financials look as though they are stabilising, but it seems the rise has been on relatively small volumes. I am still watching.)
BlackPrince
09 Jan 2017
Re: Nice chart Yuck, I hope you had a tissue handy.
Ramptastic
09 Jan 2017
Nice chart Just enjoyed a nice golden cross.
Ramptastic
07 Jan 2017
Re: Extraordinary rise That's why I've been buying - quadroupled my money first time around. If he POO holds up these will fly.
zulu principle2
06 Jan 2017
Re: Extraordinary rise Just a guess A few companies who supply oil and gas industry are saying things are improving.This is just a pure guess and not based on any facts.I may buy a small amount more. I have in the past really rated this company and am hoping things are improving for them.I am cautious thoughI
Dyncaled
06 Jan 2017
Extraordinary rise ?
IOMINVESTCOM
13 Dec 2016
Re: Results - Working hard to improve. Alternative Energy has GBP14.2 million of upgrader orders carried over for delivery in 2017 - Is key for me to turnaround the fortunes not minding giving up on dividend short term is only sensible decision.
IOMINVESTCOM
13 Dec 2016
Results - Working hard to improve. John Hayward CEO, Pressure Technologies said:"The year has seen both the rebuilding of our Alternative Energy Division, following its restructuring in 2015, and the completion of the restructuring of our Manufacturing Divisions. The Group is far more resilient, with Manufacturing Divisions now structured to be profitable in the current market and an Alternative Energy Division on the brink of a breakthrough to sustainable revenues and profits."Significant progress in diversification has been made in the Cylinders Division and we continue to seek out new products and markets for the EP and PMC Divisions. The acquisition of Martract Ltd in December 2016 will assist with this process."Financial -- Revenue of GBP35.8 million (2015*: GBP53.8 million ) -- Adjusted operating loss** GBP(0.4) million (2015*: GBP3.8 million profit) -- Adjusted operating profit** in the Manufacturing Divisions GBP2.2 million (2015: GBP6.7 million)-- Adjusted operating loss** in Alternatively Energy slightly ahead of market expectation at GBP(1.1) million with H1 GBP0.9 million and H2 GBP0.2 million (2015: GBP(1.1) million) -- Annualised savings of GBP5.4 million achieved from restructuring over the last two years -- Net debt reduced to GBP6.6 million (2015: GBP7.1 million) -- Adjusted loss per share (2.6)p (2015 restated: earning per share of 18.1p) -- Profit after tax GBP0.6 million (2015: GBP1.2 million) -- Final dividend nil (2015: 5.6p) * represented to show results of the Engineered Products US operation as discontinued** before acquisition costs, amortisation and exceptional charges and creditsOperational -- Revenues from oil and gas reduced to 43% (2015: 57%) -- Manufacturing Divisions gross margins held up at 31% (2015: 32.2%) -- Manufacturing Divisions aligned to be profitable at volumes seen in the second half -- Al-Met won largest ever order of $1.2 million -- Post year end strategic acquisition of Martract Limited -- Alternative Energy has GBP14.2 million of upgrader orders carried over for delivery in 2017 OutlookThe Group will continue its growth strategy, combining acquisitions and organic growth. Our Manufacturing Divisions are firmly focused on expanding revenues outside the oil and gas sector and the medium-term aim is to have a better balance of business within these Divisions, as well as realising the potential of the Alternative Energy Division, which has different market drivers to the rest of the Group.In the oil and gas market, global oil demand is forecast to marginally increase by 1.5% in 2017 to 96.89 million barrels per day (mbpd) driven by demand from non-OECD Asia. Before OPEC's recently announced output reductions, global oil production was projected to remain essentially steady at 95.69mbpd in 2017. However, any projection is fraught with uncertainty. The cuts may only have a small impact on global oil production growth, since compliance by some states has historically proven to be highly unreliable. The recent increase in drilling activity seen in USA shale oil fields, spurred on by a relatively stable oil price of around $50 barrel, may well give rise to increasing output, thereby pinning prices at today's levels. Rex Tillerson, CEO at Exxon Mobile, recently commented that production from USA shale regions will keep oil prices subdued in the medium term.The Board's views concur with those of Tillerson and our Manufacturing Divisions are structured to continue making profits in the current market environment, with a focus to diversify outside of oil and gas markets.The Cylinders Division has long-term defence market orders and the prospect of further growth in this sector from future UK, Australian and US submarine build programmes. Short-term growth will be derived from the expansion of the division's service offerings, particularly our unique Integrity Ma
IOMINVESTCOM
30 Aug 2016
Paul Scott's view [link]
