Three more prestigious contract wins Tate Gallery:[link] Seasons:[link] SPECIALISTS CHECK IN AT TEN TRINITY SQUARE Premier Technical Services Group PLC (PTSG) has completed a high-level cleaning and maintenance project at the iconic Four Seasons Hotel Ten Trinity Square.etc"
Questor tip in today's Telegraph Looks like PTSG are really getting noticed now, what with the SCSW tip on the weekend as well.Here's the start of Questor's tip:[link] loyal customers, essential products, strong growth and proven managers buy PTSG 11 April 2018 7:39am Things are shifting underneath the markets feet. At times like this you want to own stocks that are not affected by any of it. This is the view of one smaller companies investor, who was referring to concerns over such developments as the trade war between America and China and the recent sell-off among the giant technology stocks.We want stocks that are not subject to sidewinds from things we cant control, added the investor, David Stevenson of Amati Global Investors. One example is Premier Technical Services Group (PTSG), which we hold in our UK Smaller Companies fund.The firm provides essential specialist building services such as installing and maintaining fire extinguishers and..."
New Heathrow contract win [link] AWARDED NEW HEATHROW CONTRACT Premier Technical Services Group PLC (PTSG) has been awarded a contract to carry out a range of tests at London Heathrow Airport. PTSGs fall arrest teams will provide testing and inspection services at Terminal 2 of the UKs premier international airport. Skilled operatives from the companys Access and Safety division will carry out work to test anchor points for systems that ensure the safety of those working at height and undertaking maintenance work at the airport. A statutory inspection of anchor points at T2s Plaza Premium Lounge will also be undertaken. The work will provide optimal safety for Heathrows people and will be carried out to avoid any interruption of the day-to-day operations at this busy terminal. PTSGs fall arrest teams have provided testing and inspection services with MITIE at Heathrow Airport for over three years. PTSG has designed and installed innovative mansafe systems at the airport and access solutions provided by the company are helping to maintain the airports leading worldwide status."
Main tip in SCSW magazine Great article in SCSW this weekend. In particular. they're "already" talking to "15-20" targets, so more acquisitions are likely soon.
Contract win with Spurs Good news - come on you Spurs (disclosure - I'm not a Spurs fan!):[link] strikes deal with Premier League clubPremier Technical Services Group PLC (PTSG) will add to the Groups prestigious portfolio of clients by carrying out work at the new landmark stadium of a Premier League football team.Operatives from BEST will install a new lightning protection system at the new home of Tottenham Hotspur in north London, to protect visitors and building users in the event of a lightning strike. The new stadium, built on the site of the former White Hart Lane which was demolished at the end of the 2016-17 season, will have a capacity of 61,559 with a 17,500 single-tier home southern stand.etc"
Mandatory sprinkler systems coming? The results quoted "unprecedented demand" in the Fire Services division.PTSG have just noted the following, which would add hugely to even that "unprecedented" demand:[link] Assembly report calls for mandatory sprinkler installations in UK buildingsA new report released by the London Assemblys Planning Committee has outlined recommendations for making the installation of Automatic Fire Suppression Systems including sprinklers mandatory in all new-build residential developments above 18 metres in height.The report, called Never Again: Sprinklers as the next step in fire safety, has been drawn up in response to the recent Grenfell Tower tragedy, and states that London cannot afford to ignore the deadly consequences of failing to protect its buildings from fire.Published by the London Assemblys Navin Shah AM, the report calls for a risk-based, phased, road map towards making sprinklers mandatory in all homes in England. This includes the recommendation that Building Regulations should require all new residential buildings over 18 metres 6 storeys high, new care homes and sheltered housing be fitted with sprinklers immediately. It also recommends the retrofitting of sprinklers in all existing tall buildings, care homes and sheltered housing.The London Assembly report follows Dame Judith Hackitts Independent Review of Building Regulations and Fire Safety, which is due to release its final report in Spring 2018.etc"
PTSG win work with Tesco and Wimbledon Terrific news - PTSG will provide essential maintenance services to over 800 Tesco stores, offices and distribution centres:[link] PTSG has also won work at Wimbledon for the tennis - "Testing and remedial works will take place at all of the clubs existing installations":[link]
Re: Results are ahead of expectations Numis today reiterate their Buy and 220p target:[link] there are any negatives, they're to be found in the exceptionals which include very high share option costs. These are a function of the share price rise in the last year, and frankly given the terrific job that the PTSG team are doing I can't begrudge them their rewards.
Results are ahead of expectations Outstanding results - 9.73p EPS is well ahead of Numis' forecast 8.7p EPS. Big increase in the dividend too:[link] outlook is incredibly confident, and there are some lovely extracts.... - "in the area of fire solutions, we are experiencing astonishing demand for our services" - "Trading in 2018 has started well. We continue to review a number of acquisition opportunities and the Board is confident that the Group's positive organic revenue and profit momentum will continue throughout the year" - "We continue to see exciting opportunities for both organic and acquisitive growth for all four divisions"There are lots of other choice phrases. Very happy holder!
Lots of new contract wins Looks like a big contract win at Hinkley Point C:[link] supports workers village at Hinkley Point C with lightning protection contractPremier Technical Services Group PLC (PTSG)s Electrical Services division has been awarded a contract to provide installation of lightning protection at a workers village at Hinkley Point C Power Station.The vast workers village provides 1,496 en-suite bedrooms across 44 buildings at two key locations. It is considered to be the largest hotel-style development in Europe in over 25 years, equivalent to a three-star hotel.Specialist engineers will attend the site at Hinkley Point to install lightning protection at the 44 accommodation blocks, ensuring all systems comply with relevant safety standards and protect the buildings in the event of a strike."Along with three other new lightning protection and aerial service contracts:[link]
PTSG install new roof at Haymarket Theatre Looks like a big new job for this H1 - and particularly great to see the Haymarket Theatre coming back after 10 years of disuse:[link] setting the stage with a roof over the HaymarketPremier Technical Services Group PLC (PTSG) is undertaking a project that will enable the Haymarket Theatre in Leicester to reopen for use after over a decade.PTSGs Electrical Services division has been contracted by the Haymarket Consortium to deliver the work which is part of an extensive refurbishment.The Groups specialists have removed the existing roof system at the venue to provide a new roof covering and the installation of edge protection and lightning protection systems. The team will also issue a Pass certificate of compliance. The new system will maintain the buildings safety and structural integrity in the event of a lightning strike.Originally opened in 1973, the Haymarket Theatre is undergoing an extensive refurbishment, with 800 new seats and new sound and lighting systems being installed. The updated site will house a café/bar as well as modernised foyer and entrance areas. Doors are set to re-open to audiences in Spring 2018.PTSG Electrical Services provides lightning protection design, installation, inspection, test and maintenance, as well as PAT, fixed wire test and repair and emergency lighting testing. With more than two centuries of collective experience in designing, supplying and installing lightning protection and earthing systems, PTSGs team brings a tremendous amount of knowledge and expertise to any project."And another new contract:[link] Newburys historic landmarkPremier Technical Services Group PLC (PTSG) has completed the upgrade of essential safety equipment to Newbury Town Councils historic headquarters.etc"
New fire protection contract win Fire protection work is rolling in:[link] awarded jumbo fire protection contract at Elephant ParkPremier Technical Services Group PLC (PTSG) has been awarded a contract to provide an installation of fire protection systems at a large housing and regeneration scheme in central London.Elephant Park is a major mixed-use development that will create almost 2,500 new homes and the largest new park in central London for 70 years. The first part of the park is already open, and work is currently progressing on the next three phases of the development which will also provide around 50 new shops, restaurants and cafes.PTSGs Fire Solutions Division will deploy a team of highly-trained engineers to install sprinkler systems to the sites community hub building, and will also install a water supply to the landlord areas of the development as part of the projects tenant fit-out.PTSG Fire Solutions offers a tailored service for the installation and maintenance of wet risers, dry risers and sprinkler systems, emergency lighting and fire extinguisher services. The division has recently been awarded several other fire protection schemes at new property developments, including Royal Arsenal Riverside in Woolwich and Salfords MediaCityUK."
Five more contract wins (PS: freedomthirty5, these aren't RNS'd contracts, but contract wins announced on PTSG's web site):[link] "PTSGs Integral Cradles secures access solution contract at Sugar Quay Premier Technical Services Group PLC (PTSG)s specialist cradle installation business has secured an order to provide a specialist access solution for refurbishment works at a new development in the City of London.Sugar Quay sits on a prestigious direct riverside location on the north bank of the River Thames besides the Tower of London. The former office block is being replaced with a contemporary mixed-use scheme, including 165 private residential apartments; studios, 1, 2 and 3-bedroom apartments.Integral Cradles, acquired by PTSG in October 2015, has been awarded a contract to provide a bespoke access solution for glass replacement and cleaning projects at the scheme. The project will be delivered to an accelerated programme and is set to be completed during 2018."[link] secures PPM contact with Nottingham University NHS TrustPremier Technical Services Group PLC (PTSG) has been awarded a contract to provide planned preventative maintenance (PPM) services across the Nottingham University NHS Trust. The work will see specialist engineers from PTSGs Electrical Services division providing PPM services that include lightning protection and earthing disciplines at a number of sites for the trust, which is based in the heart of Nottingham.Nottingham University NHS Trust sites include the Queens Medical Centre, which houses a major trauma centre, Nottingham Childrens Hospital and the University of Nottinghams School of Nursing and Medical School, as well as Nottingham City Hospital and Ropewalk House."[link]
Re: News of a big contract Once again the RNS isn't showing up on this website. I am seeing this issue across all items in my portfolio recently. I wish III would get it's act together, their website maintenance is looking increasingly amateur.
News of a big contract News today of "one of PTSGs biggest lighting protection schemes to date" - and certainly highly prestigious:[link] secures lightning protection contract at Battersea Power StationPremier Technical Services Group PLC (PTSG) has secured an order to provide lightning protection system installation at Phase two of a development project at Battersea Power Station.Specialist engineers from PTSGs Electrical Services division will attend the power station to provide a new lightning protection system to the existing power station structure. The new system will keep building users protected in the event of a lightning strike. The Phase two installation is one of PTSGs biggest lighting protection schemes to date and as such will require regular weekly attendances from both management and engineers to ensure the client receives the high level of service that is synonymous with the divisions work. As part of an extensive redevelopment, the Grade II* listed Battersea Power Station and surrounding area is being brought back to life as a mixed-use neighbourhood. The first phase of the scheme consisted of 12 high rise residential blocks to the west of the 39-acre site. Phase two of the development includes new retail space adjacent to the power stations two turbine halls, as well as commercial office space and residential apartments. Last year PTSGs engineers completed the lightning protection installation on the Battersea Power Station Phase one project, which commenced in March 2014. The Group has also recently secured contracts to perform several installations at residential and commercial developments in London and the South-east."