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.

Recent AGM statement was very positive
Shares continue to trade at a huge discount to giant peers National Oilwell Varco (2012 PER 13.8x; 2013 11.8x) and Cameron International (2012 PER 17.1x; 2013 12.9x). As CSC returns to form, with the first material order received for CBG and the balance sheet in great shape this looks unjustified. http://tinyurl.com/2vhgn65

There are margin pressures in the manufacturing of large Cylinders, but these should be balanced by the very high margins that can be achieved in the area of in-situ inspection and related services, an area that surely represents the next phase of this Group’s evolution from old style manufacturer to a provider of specialist services to the safety focused environment of oil and gas drilling.

The falling oil price will also be of concern to some, however, new build activity in the area of deep water rigs is very strong and build schedules won’t change as a result of short term oil price falls. Saudi Arabia stated previously that they would like to see oil remaining around $100 / barrel level and they are best placed to ensure this happens!

The growing Engineered Products Division also offers valuable diversification, albeit still within the oil and gas space.

New commentary covering broker upgrades and peer comparison
http://www.investorschampion.com/research/company/pressure-technologies/

New commentary on PRES from Investors Champion
http://www.investorschampion.com/research/company/pressure-technologies/

Incorporates new house broker numbers

According to IC the shares are set to surge. After significantly diversifying its business over the last few years, profits are tipped to surge. The shares factor in little of this and look ridiculously cheap. Broker Charles Stanley forecasts strong earnings growth for the next three years of 32%in 2013, followed by 38% the year after and then 22% in 2015. Yet pressure technology shares trade on a miserly 11.3 times EPS estimates for 2013, dropping to just 8.2 times in 2014. And adjusting for net cash, equivalent to 24p a share, that sinks to just 9.9 times and 7.1 times , respectively.

The sp has gone like a rat up a drain pipe :-)). In IC today - It is growing fast , has cash in the bank, no debt, pays a tasty big dividend and still looks cheap. Non exec Nigel Luckett clearly thinks so. Management has hardly been prolific buyers of the stock in recent times. He has just spent £39,000 on 18,000 shares, now holds 70,000.

Pressure Technologies director raises his stake

Mon, 22 July 2013



It looks like Nigel Luckett, a Non-Executive Director at Pressure Technologies, chose an expensive time to top up his stake as the stock hit a 52-week high on Monday.

Luckett, a former partner of KPMG, bought 18,000 shares at a price of 217.5p each, spending a total of £39,150. He now holds 70,000 shares in Pressure Technologies, equal to a stake of 0.62%.

The firm, which specialises in technology for the containment and control of liquids and gases in pressure systems, saw its share price reach a 52-week closing high of 217.5p last week. Following the purchase on Monday, the shares jumped again to a fresh high of 235p.

Last month, Pressure Technologies announced that revenues in the first half (ended March 30th) totalled £16.4m, up 30% from the year before, while pre-tax profit more than doubled from £0.46m to £1.33m.

Chairman Alan Wilson said: "The interim results show the benefits of the board's diversification strategy and these, combined with on-going opportunities, give us considerable optimism for the future."

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.