Petrofac Share Discussion Threads

[wellbutpoor] 26/3/2024 07:26

Leon Wood Group results should provide a lift.

[leoneobull] 26/3/2024 07:21

Wg results "Upgraded medium-term outlook·      The simplification programme is expected to add to our growth potential, leading to EBITDA growth in 2025 above our medium-term target·      We will continue to expand our EBITDA margin and that benefit will translate into our EBIT margins and support a significant increase in our earnings per share over the medium term·      We are on-track to deliver significant free cash flow in 2025, as previously guided·      From 2025, our sustainable free cash flow generation, combined with proceeds from disposals, will provide increased flexibility in our capital allocation policy" 

[leoneobull] 26/3/2024 07:17

Note improved cashflow and order book of 6.3 billion compared to pfc over 8 billion xx

[leoneobull] 26/3/2024 07:16

Anybody seen wg results? That is the impact of a higher order book and greater profits. May JN get a taste of a short squeeze one glorious day.

[halfpenny] 25/3/2024 18:03

The Market does change so now its a breakout with 45-54p plus more..

Remember bands have upper and lower levels now its up up and away above 60p plus more..

Happy Days Ahead...RNS on Asset Sale soon.

[bc4] 25/3/2024 13:11

This was halfpenny only 2 weeks ago

halfpenny12 Mar '24 - 11:38 - 38859 of 39124
PFC is a WEAK SHARE cant break through 25p so will Now Test 20p.

Please take no notice of him he is a born LIAR a true HALFWIT!

[ny boy] 25/3/2024 07:56

Stuck in a rut, needs a big catalyst to breakout, definitely not going to come from halfpennypunt! 😂

[halfpenny] 24/3/2024 14:09

Yes and others are keen as Value Creation Increases so Watch this Space.

Target 45-54p plus much more!!

[wellbutpoor] 24/3/2024 11:19

Some well balanced commentary here:

hxxps://www.bairdmaritime.com/work-boat-world/offshore-world/column-petrofac-ed-the-wood-group-and-petroserv-restructurings-and-transformation-offshore-accounts/

Wood Group finals next Tuesday could be indicative of market conditions.

Could PFC now be on Apollo's radar?

[wellbutpoor] 23/3/2024 19:10

Mirabeau

I don't believe a D4E is either required or is worthwhile at the current M/Cap.

Instead I believe we'll see an enhanced BH offering, alongside operational
re-structuring to deliver short term cost savings and enable the servicing of the RCF.

A focus on delivering projects requiring zero performance guarantee payments will provide cashflow, opening the door to the more lucrative contracts.

All IMHO and fully prepared for the barrage of reasons of why I'm wrong, misguided, mis-informed, delerious or otherwise un-educated :)

Right - where is my copa de vino?

[dipa11] 23/3/2024 17:24

Https://www.marketbeat.com/stocks/LON/PFC/

[halfpenny] 23/3/2024 07:26

We are now closer to Success every day and Top Analysts are Targeting 45-54p. Some higher.


Mega Sales increase and Non Core Assets sold with RNS on the way.

Happy Days Ahead.

[dipa11] 22/3/2024 23:05

"SMALL CAP----------SocGen raises Petrofac price target to 27 (26) pence - 'hold'

[wellbutpoor] 22/3/2024 19:32

All quiet on the western front this evening.....

[geckotheglorious] 22/3/2024 10:51

I guess you're spamming this Tower Resources rubbish across multiple boards!
We know why you're a blue poster!

[riskyinvestor] 22/3/2024 10:50

Tower Resources (TRP) is the Stock to be in

[halfpenny] 22/3/2024 07:48

We are now closer to Success every day and Top Analysts are Targeting 45-54p. Some higher.


Mega Sales increase and Non Core Assets sold with RNS on the way.

Happy Days Ahead.

[whites123] 22/3/2024 06:54

ghhghh

Oh dear, your remarks leave me utterly bewildered.
You pluck figures out of thin air, 100 here and 100,000 there, and boldly declare that the former are the wisest.
It's quite amusing.
These shorting entities possess certain advantages over the majority of individual investors.
Firstly, they have the liberty to circulate unregulated narratives tailored to their agenda.
Secondly, they command access to substantial financial resources, to the tune of millions.
If you entertain the notion even for a moment that these entities possess privileged insights into undisclosed accounts and the specifics of proposed short-term financing, then you're truly lost in a world of make-believe.
The shorting maneuver is precisely that – an assault aimed at instilling fear, propagating alarmist tales, and outspending retail investors in a bid to suppress buying activity.
And what's the result?
A plummeting stock price.
If you genuinely believe that market sentiment dictates its course, then you're evidently ignorant of the realities.
It's money, and vast sums of it, in the order of trillions, that truly steer market movements.
I urge you to delve into the background of these shorting entities targeting PFC. Save for one exception, they're all nothing but charlatans.

PFC = STRONG BUY

[armbar] 21/3/2024 22:18

Yet some of the most successful hedge funds are not declared short Now if they were then a totally different proposition Question is why ?

[ghhghh] 21/3/2024 18:50

lol

So you are effectively saying that the 100,000 most stupid illiterate people in the UK are collectively smarter than say the 100 most intelligent, best informed people?

You must be having a laugh?

[whites123] 21/3/2024 18:37

Isn't it amusing how some individuals resort to comments like,
"So either they are ALL incompetent idiots or you are wrong?"

We could easily reframe this by pointing out that 89% of shares are held by investors who see value, whereas the remaining 11% short belong to unregulated entities like bucket shops.

But actually 100% of shares are held by investors who see value as the shorts are using stock they do not own.
It's quite telling how far people will stretch to validate their own perspective and discredit ours.
The fact remains that 89% (100%) of shareholders consider this a sound investment, and their collective expertise far outweighs that of the minority.
Let's hope those shorting the stock face the consequences of their actions.

PFC = STRONG BUY

[ghhghh] 21/3/2024 18:01

Binary? As in 50:50? That would be a lousy risk reward.

Clearly it’s you versus a load of professional, well connected shorters with access to research way beyond that available to us humble armchair PI’s.

I fear that you are committing the cardinal rule of falling in love! Or at the minimum, becoming emotionally attached.

When I first started investing a sage old hand told me to dump all emotional baggage, shares are to be traded ruthlessly. If you are sitting on a loss the mugs will try to ride it out. The professionals will constantly reevaluate the risk reward and dump immediately if it goes against them. Loses are the ultimate emotional baggage

Opportunity cost is the name of the game. There are some amazingly good risk reward options in the Investment Trust sector, especially REIT and Infrastructure, where you can buy at historically high discounts to NAV, get 9% dividend yiel and wait for discounts to reverse with falling interest rates and more compellingly, replacement costs now 20% higher and inflation linked rising revenues. Stunningly safe mid term value.

Whereas you must admit PFC is high risk? Unless you know more than the shorters and obviously you don’t!

[leoneobull] 21/3/2024 17:57

Appolo. Approached WG but failed to buy them. Don't like to overpay. Provide a couple of hundred million usd injection to pfc, see the business transformed as cashflow improves with guarantees reinstated. Backlog could be 16 bn again in 2 to 3 years. Private equity flip and relist on MENA country stock exchange instead or flog to Halliburton or Schlumberger who would manage it properly and extract higher margins?

[leoneobull] 21/3/2024 17:52

JN. The banks are owed 250m through RCF and term sheets. There's 105 to 120m due from legacy payments on 2 projects according to Slift on LSE..completed in Q1. Non-core asset sales could raise 120m usd. Reduction in collateral req's would free up advance payments for working capital. They've managed to get guarantees for UAE habashan plus Tenne T project stage 1 already. I'm sure they need to raise capital. The question is how much? Also, is all the adverse publicity of forcing a d4e worth it when this cyclical business is quickly recovering?