PRES has been a great performer since arriving on AIM.
Following National Grid's recent report it looks like there could be a big opportunity in biogas. New commentary on Investor's Champion, www.investorschampion.com.

Closed up 13% on Friday

Pressure Technologies PLC (PRES:LSE) set a new 52-week high during Friday's trading session when it reached 290.00. Over this period, the share price is up 71.21%.

Contract wins for Chesterfield BioGas

RNS


RNS Number : 1400M

Pressure Technologies PLC

21 August 2013





Embargoed for release at 07.00 hours 21 August 2013



Pressure Technologies plc

("Pressure Technologies", the "Group" or the "Company")



Contract wins for Chesterfield BioGas



Pressure Technologies is pleased to announce that its Alternative Energy division, comprising Chesterfield BioGas Limited ("CBG"), has secured two orders to supply biogas upgraders and ancillary equipment with a combined sales value of £4.6 million.



Both projects use the Totara model biogas upgrader, capable of processing up to 2,000 cubic metres of biogas per hour. The Totara upgrader will clean the raw biogas, produced by anaerobic digestion of the waste, to more than 98% pure biomethane, matching the purity criteria required of natural gas being piped to households and commercial premises.



The new-generation CBG upgrader employs the Greenlane® water-scrubbing method, which uses no heat or chemicals, just water, much of which can be re-cycled. Major improvements have been made recently to the layout and accessibility of the system.



CBG is the sole technology partner in the UK for the Greenlane® systems, which are the most widely proven in this market. More than 70 sites are currently operating successfully around the world; 27 of these employ the Totara model.



CBG will install and commission the upgraders, which have scheduled handover dates in the second-half of the Group's 2014 financial year. Once the sites are operational, CBG will generate additional revenue from a long-term contract to monitor the upgrader's performance and maintenance services.



Stephen McCulloch, Managing Director of CBG said: "These orders mark a step change in the market for biogas upgrading, which is moving from small scale, proof of concept projects to large scale plants, which deliver commercial returns to our customers."



Pressure Technologies Chief Executive, John Hayward, added: "I am very pleased for the team at Chesterfield BioGas. Their dedication and hard work over the last five years is finally reaping rewards. These order wins, together with a very promising pipeline of potential follow on orders, give grounds for considerable optimism for the Biomethane to Grid market in the UK and the outlook for Chesterfield BioGas."

Pressure Technologies PLC (PRES:LSE) set a new 52-week high during today's trading session when it reached 290.90. Over this period, the share price is up 76.30%.

Pressure Technologies PLC (PRES:LSE) set a new 52-week high during Wednesday's trading session when it reached 315.00. Over this period, the share price is up 89.39%.

Onwards and upwards. +4%

Closed up 9.60%

Pressure Technologies PLC (PRES:LSE) set a new 52-week high during today's trading session when it reached 350.00. Over this period, the share price is up 107.58%.

Still a buy in this weeks IC - Pressure Technologies has won two orders for biogas 'upgraders' worth £4.6m. This is a potential game changer, a fact reflected in the subsequent share price rally for the small engineer. Despite that strong performance , we think the shares remain cheap and that further gains are likely. Directors have also given investors a big clue in recent weeks. Last month non-executive Nigel Luckettt spent over £39000 on shares, and finance boss James Lister stuck over 20,000 shares in an isa at 242.5p. At 310p (at time of press, now 300p) pressure techs shares trade on less than 12 times 2014 EPS forecasts net of cash. That's undemanding given that broker Charles Stanley estimates average earnings growth of 33 per cent over the next three years, and admits that even this is conservative.

up 5.43% today, getting towards its high.

Up 11%, not stopping at the moment.

Notice of Results and Trading Update

RNS


RNS Number : 1437R

Pressure Technologies PLC

23 October 2013








23 October 2013



Pressure Technologies plc

(AIM: PRES)



Notice of Results and Trading Update



Pressure Technologies plc (the "Group") is pleased to announce a positive trading update following a strong close to the year ended 28 September 2013.



Trading in the second half of the financial year was strong in both the Cylinders and Engineered Products divisions. The Cylinders division was buoyed by increased demand in the oil and gas sector and a growth in naval defence projects, when compared to 2012, resulting in a better than expected end to the financial year just finished.



In the Engineered Products Division, Hydratron UK delivered a major improvement in sales and profits in the second-half, after a slow start to the financial year. Hydratron Inc, which is based in Houston, Texas, was brought under the direct control of Hydratron UK in May this year and has since been making positive headway in the important US Oil and Gas market. Al-Met continued to grow in line with the increased building of subsea trees for the deep water oil and gas market.



As a result of these various factors, the Group now expects that the results for the year ended 28 September 2013 will be ahead of market expectations. The preliminary results will be announced on Tuesday, 3 December 2013.



Looking ahead to 2014, the Board is expecting further progress in all areas of the Engineered Products Division. Whilst Cylinders is expected to experience a well flagged reduction in margins, arising from aggressive pricing by its Asian competitors, the Directors expect to see a continuation of the high levels of activity in other areas of oil and gas highlighted earlier in the year.



As previously announced, the Alternative Energy Division has secured two large orders for its biogas upgrading systems which will be delivered in 2014 and there is a pipeline of potential follow on orders.



Accordingly, the Board is pleased to begin the new financial year on a positive footing and looks forward to updating shareholders as the year progresses.

A buy in this weeks IC - Pressure Technologies expects to beat full year expectations following a strong second half for its seamless steel cylinders, used widely on oil rigs and submarines, and for high pressure equipment made by the smaller engineered products division. Management expects another good year from the engineered products -team.

Preliminary Results 2013

RNS


RNS Number : 5054U

Pressure Technologies PLC

03 December 2013










3 December 2013



PRELIMINARY RESULTS 2013



Pressure Technologies plc ("Pressure Technologies" or the "Group") announces its preliminary results for the year ended 28 September 2013.



Highlights:

· Record revenue of £34.4 million (2012: £30.4 million) - up 13%

· Operating profit of £2.9 million (2012: £1.8 million) - up 63%

· Basic earnings per share increased to 19.4p (2012: 11.2p) - up 73%

· Progressive dividend policy continues: final dividend of 5.2p per share giving total dividend for the year of 7.8p per share (2012: 7.5p)

· Strong balance sheet maintained - net funds of £4.0m (2012: £2.7 million)

· Large incremental profits were generated in the Cylinders and Engineered Products divisions

· Breakthrough for Alternative Energy Division with large orders secured for delivery in 2014

· Strong order book and pipeline across all divisions of the Group

· Commitment to organic and acquisitive diversification strategy - targets being evaluated

· Board confident of further progress in the current year



Alan Wilson, Chairman of Pressure Technologies, said:



"We have begun the current financial year with an order book 37% higher than last year, so the prospects for a further improvement in performance are very promising. We also continue to develop new products and services across the Group and are planning major capital expenditure over the next two years to expand capacity, improve productivity and quality and increase profitability. In parallel with growing our core businesses, the Board continues to evaluate earnings enhancing acquisitions which complement and add value to our existing portfolio.



I view the year ahead with much enthusiasm and look forward to presenting further evidence of the Group's ability to capitalise on the opportunities which lie ahead."

The market for sub sea trees is booming but next year for PRES is all about Alternative Energy division; another order here moves the needle.
New commentary at http://www.investorschampion.com/research/company/pressure-technologies/

LISTEN: Pressure Tech (PRES) - Preliminary results 2013

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Strategic Investment

http://www.moneyam.com/action/news/showArticle?id=4724251

Pressure Technologies invests US$4mln in gas transport business

By Jamie Ashcroft

December 13 2013, 11:07am
Pressure Technologies invests US$4mln in gas transport business

AIM quoted oil services group Pressure Technologies (LON:PRES) has made a strategic investment in a manufacturer of high pressure vessels for transporting gas.

It will put US$4mln into Texas based GTM Manufacturing, in return for a 40% stake and it also has an option to acquire another 40% of the business in the future.

"It is the board's strategy to complement organic growth with acquisitions that enhance and broaden the company's existing operations.

“We believe that the agreement reached with GTM affords Pressure Technologies an excellent means by which to participate in the growth in the market for the transportation of gases across a wide number of sectors, particularly oil and gas where we already have considerable experience.

"The Investment allows the company to join the expertise of the design and manufacture of high pressure gas cylinders in our subsidiary Chesterfield Special Cylinders (CSC), with GTM's expertise in the production of light-weight composite cylinders and to develop and expand GTM's product range for use in the United States and subsequently further afield.

“We are very excited to be working with Ken Kelley and his team at GTM.

"The board believes that the combination of Pressure Technologies and GTM will enhance the ability to capitalise on the growing market in the transportation of gases."

A buy in IC - More to come from pressure Tech.

A boom in oil and gas exploration has proved lucrative for Pressure Technologies - about 80% of the business depends on it. That was partly responsible for a two-thirds increase in underlying pre-tax profit this year to a forecast beating £3.3m

Pressure Technologies PLC (PRES:LSE) set a new 52-week high during today's trading session when it reached 459.80. Over this period, the share price is up 151.95%.