Petrofac Share Discussion Threads

[ghhghh] 29/5/2024 09:43

Bonds are 24-26 cents so a bit positive as we go down to the wire!

However the delay is a bit unnerving, especially in light of PFC's dodgy history.

I assume the delay is either signing off the accounts, getting the various debtholders to agree to the carve up and selling something....

[jaknife] 27/5/2024 12:56

ACTION,

"Result on 31st may. No rns expected"

Has this been announced somewhere? All that we've had previously is:

"... audited full year 2023 results which it now expects to publish by 31 May 2024."

From:

JakNife

[action] 27/5/2024 09:25

Result on 31st may. No rns expected

[owan] 24/5/2024 20:54

Rns predicted next week and all will become clear. It’ll be a scooter or a Ferrari for me quite literally

[kibble] 24/5/2024 20:30

Having dropped from 18000 in 2012 to 770 three years later, it was strongly recommended my PROFESSIONAL broker now having leveraged down all the way we are sitting at 10p

[kibble] 24/5/2024 20:23

Owan... same boat fingers crossed. Boom or bust (well not quite)

[owan] 24/5/2024 20:16

Good point kibble. Something is going on but there is one thing I know for sure. If it does open up in the UK again it ain’t gonna be 10.5p. Who knows what’ll be? That’s the big question. I have a huge amount of shares in pfc and I have held on to them all averaged down all the way. Now for a week of sleepless nights to find out my fate.

[kibble] 24/5/2024 20:09

I tend to read more than comment on here.... However I am watching as I do have an interest. What about a suggestion that was put to me earlier that the movement via ADR is purely a restructure of ten shares converted to one.
That would make the price look like huge trade and massive jump in price ....or would it?
I need to know if I should order the new Rolls Royce or Mot my Citroen van. lol

[leoneobull] 24/5/2024 19:59

I would love to see a bid emerging whilst JN short

[jaknife] 24/5/2024 19:18

no, it's irrelevant

we're waiting for the results, which are promised by next Friday, and an update on the terms of the debt for equity swap that they've announced

[eodfire] 24/5/2024 19:08

Serious question - any shorters have a view on the recent price action due to our friends in the US lifting the share price via purchasing ADR's?

[owan] 24/5/2024 19:02

1 week to go action - boom or bust.

[action] 24/5/2024 18:31

When share price were going up RNS out of nowhere from co to bring it down b4 it break 40p. I do not see why it is still suspended in UK. When you can trade in USA ADR.

[investtofly] 24/5/2024 16:43

1.50, 0.15 or 0.015

[owan] 24/5/2024 15:55

Tuesday rns wtf are u on about? How do you know this?

[miena] 24/5/2024 15:54

Very excited for Tuesday's RNS (Mon Public holiday)

Who is our new buyer??

What price did they pay??

For me Petrofac will be Saudi owned for 150p+

Last day to place your bets...

Good luck all!
(DYOR)

[dipa11] 24/5/2024 11:45

Https://finance.yahoo.com/quote/POFCY?guccounter=1Yesterday volume was around 3 millions in adr.DYOR. Good day.

[chris cat] 24/5/2024 10:57

Can one of you summarise what you think is going on here, I must admit I am not following the latest rumours. What is ADR? I have a mall holding so not life changing either way, obviously it would be nicer to get a profit than a loss.

[owan] 24/5/2024 10:56

Miena have you a source for 150p take over offer?

[miena] 24/5/2024 10:02

Takeover incoming at 150p...

[sbb1x] 24/5/2024 08:36

Love to see a take over offer come in :)

[farrugia] 24/5/2024 07:18

lol at shorts panicking.

[leoneobull] 24/5/2024 07:04

3rd offer for WG from the Indians followUS Apollo bid last year. 8 bn backlog gotta make pfc a potential lowball bid target