RE: Next Tuesdays interims should please10 Jun 2021 10:24
That's a couple of the reasons i'm here Adastra.
Most importantly, as you mentioned, PRES (through their subsidiary CSC) will be well positioned to take advantage as the world moves towards a more robust decarbonisation effort.
Whether its large specialist cylinders for Hydrogen fuel storage or large specialist Nitrogen storage cylinders for Nuclear power cooling, PRES should have started seeing an uptick in their order book.
The recent contracts with behemoths EDF and Ingersoll for Hydrogen fuel storage speaks volumes.
At some point this will be reflected in a rerate of the share price, hopefully to the levels seen 5 years or so ago.
I am in agreement with the 12 month broker forecast of £1.80.