The other day the Leeds office of PWC was fined heavily and slammed by the FRC for professional negligence in the case of not spotting accounting fraud at Redcentric (RCN). It was the second such notice in two years for PWC Leeds and the office is on a warning. Thus I am sorry to say but it is in the soup again over the massive undeclared payments going, over many years, to the CEO of Premier Technical Services Group (PTSG), Mr Paul Teasdale, which I exposed in full on Saturday HERE. Now here is why PWC is in the soup…
I am worried that Premier Technical Services Group (PTSG) may have accidentally failed to make appropriate disclosures regarding a very material related party transaction involving Paul Teasdale, the CEO and a monster annual dividend he seems to have been receiving from one of the subsidiaries.
Ay, ay, ay! – a recommended 210.1p offer for Premier Technical Services Group (PTSG) from Macquarie, which “the Independent Directors are recommending that PTSG shareholders vote in favour of”. I bet they are!...
Premier Technical Services Group (PTSG) has updated including “pleased to report that the group has seen continued sales growth and strong levels of orders in the year to date” and “the recent acquisitions of Guardian and Trinity are performing ahead of management expectations. This underscores our confidence in achieving a successful full year result in 2019”. The shares though, although well up from recent lows, are still down from more than 150p as recently as early this year to still sub 100p…
Hello Share Coolers. Here's an interesting one for you. Even if the background is the appalling tragedy at Grenfell Tower. There was another tower block fire at Lewisham. But this time with a far, far happier outcome. This time 280 people were brought out unharmed.
At Premier Technical Services (PTSG) it is evident that despite not only the relative illiquidity in the shares and the lack of historical data, this is a situation where there is a burgeoning uptrend which could be noteworthy over the next couple of months. This offers an appealing share price target.
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