By Steve Moore | Wednesday 5 February 2025
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Most recently on Pressure Technologies (PRES), last year with the shares falling to 34p I wrote interims state “resilient market conditions”, but though still a loss? and concluded re-iterating prior caution. The shares most recently closed at 38.5p but what of them currently more than 10% lower on the back of argued “pleased to announce” results for the company’s year ended 28th September 2024?
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