Pressure Technologies (#PRES) – updates on Greenlane Renewables Inc., including its “proceeds of the offering… is anticipated to be a minimum of approximately £2m”

Pressure Technologies (#PRES) – Health & Safety charge sentencing hearing postponed until new year “due to a change in judicial availability”

Pressure Technologies (#PRES) – guilty verdict after Health & Safety Executive prosecution following fatal accident in 2015, sentencing hearing scheduled for 9th December

Pressure Technologies (#PRES) – completes £10.1m (£2m initial cash) sale of Greenlane Biogas

Pressure Technologies (#PRES) – expects final closing of Greenlane Biogas sale before 30th March

Pressure Technologies (#PRES) - proposed £11.1m sale of alternative energy division

Pressure Technologies – “considerable momentum” & “significant potential”, so why are the shares further lower?

Pressure Technologies (PRES) has announced results for its half year ended 31st March 2018 including “dynamics in the defence and oil and gas markets are showing considerable momentum” and “there is significant potential in Alternative Energy”. So why are the shares currently further lower, below 130p?...

Pressure Technologies – “several notable successes” & “a strong position”… and then “substantially below” expectations!

A trading update from Pressure Technologies (PRES) commences “the Alternative Energy Division has scored several notable successes since the start of the current financial year, which demonstrates our continued leadership in the biogas upgrading market” and includes “the biogas market offers substantial potential” and “our Manufacturing Divisions continue to have a strong position in the global, safety critical markets they serve… an upturn in the oil and gas market and a well developed position in the defence market”. The shares have responded to the update, er, more than 22% lower, to 144p…

Pressure Technologies (#PRES) – noting “timing issues”, FY results “expected to be substantially below market expectations”

Pressure Technologies – indebted, follows profit warning with a placing… though claims it’s for “a number of benefits”

Engineering group Pressure Technologies (PRES) “is pleased to announce” the result of a bookbuild. This is of a gross £5 million placing at 122p per share. This comparing to a prior closing 126p share price and more than 140p prior to a most recent trading statement at the end of August…

Pressure Technologies – a year later, another profit warning

A year ago, writing on engineering company Pressure Technologies (PRES) I noted “Update on Recent Trading” = Another Profit Warning and concluded to avoid at 140p. The shares have recently been around that level, but are currently sliding on the back of a “Trading Update”…

Pressure Technologies – “Update on Recent Trading” = Another Profit Warning…

Having initially warned of further downside risk with the shares at 166p HERE, I note shares in Pressure Technologies (PRES) are currently more than 11% lower today, at 140p, on the back of an “Update on Recent Trading”…

Pressure Technologies – having questioned in February whether a profit warning was ahoy…

Reviewing the previous trading update from Pressure Technologies (PRES), I suggested a profit warning ahoy - see HERE. Just over two months later, an “Update on Recent Trading” includes that the board now “anticipate that the result for the year ending 1 October 2016 will be substantially below current market expectations”…

Pressure Technologies – AGM trading update notes “resilience”, but profit warning ahoy?

Serving the oil, gas, alternative energy and defence markets, Pressure Technologies (PRES) has updated that it is currently showing "resilience" despite some extremely difficult markets. But is a profit warning ahoy? ...

PressureTechnologies (#PRES) - Earnings likely to be slightly ahead of expectations in tough market

Pressure Technologies (#PRES) - profits warning. Oil market still suffering