Surely this should have been issued as an RNS, not published on their website on a Sunday. |
Refinancing finalised - details on pfc website.Existing shareholders end up with 2.5% of the new equity. |
No idea, either they announce something like week or likely administration. They have had the best part of a year to sort this out. |
The forebearance agreement ended last Friday, why haven't they updated? |
Petrofac have made a right mess of this! |
POFCY extends its contract with DDW Offshore for Skandi Emerald for six months. This is the second extension of the original one-year contract signed in 2022. |
Https://energycapitalpower.com/petrofac-zallaf-achieve-first-oil-at-libyas-erawin-field/ |
Https://splash247.com/petrofac-awards-offshore-service-deal-to-tanjung-offshore/ |
wheres our 'ol mucker Lodgeview ....still sectioned hey!
media.tenor.com/n0HtTh9xN-MAAAAC/rocking-scared.gif |
ACTION
Post 41251
Another extension. No big contract news..
That was 7 days ago!!!!!
Unless I missed something new! |
Another extension. No big contract news.. |
Going to bankrupt soon???? not feeling great here |
Keep the Faith like Bishop Welby !!
Remember he was at Enterprise OIL racking in the dosh filling his pockets!!
Bet he didn't give his vast wealth to the Church!!
How did he become leader of a Church!!!
He wasn't even a leader at Enterprise OIL !!!
How Low How Soon just like Bishop Welby!! |
The whole UK market is a cesspit. Everything too cheap now and will be bought up by the yanks. |
I feel vindicated on PFC. I thought it was just my uncanny ability to pick unprofitable companies on the brink of disaster. Now after the WG deop, i realise the entire sector is a low margin cesspit. |
The share price drop in Wood Group today would give the impression that it is going the same way as Petrofac. |
htTps://www.energy-pedia.com/news/bahrain/petrofac-awarded-contract-197865 |
2 shorter are there. Shorting is 5%Https://shorttracker.co.uk/company/GB00B0H2K534/ |
The sell price is kept low, even though 90% is buy.
Buy whilst cheap. |
PFC============================================== |
hTtps://www.meed.com/petrofac-awards-habshan-gas-plant-project-sub-contract |
Https://www.google.com/amp/s/amp.theguardian.com/environment/article/2024/jul/22/solar-wind-uk-clean-energy-cornwall-insight |
Https://windeurope.org/newsroom/news/new-uk-government-plans-big-push-on-wind/#:~:text=The%20new%20UK%20Government%20is,from%2015%20to%2060%20GW. |
“Lock up agreement with final terms in the coming weeks” Didn’t they say that last month? Optimists evidently.
Existing equity is worthless and the business is probably broken beyond repair. |
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