Petrofac Share Discussion Threads

[armbar] 06/6/2024 13:41

Agree certainly a possibility with Discounted cash flow $8bn$60bn piplelineClosing of horrendous legacy contracts TenneT contract $8bn to PFCWind, Hydrogen , Carbon Capture expertise in global demand , 9000 employees , Uae in country value Always favoured an Andoc type approach but just my opinion Lets see

[dipa11] 06/6/2024 13:41

Looking around 50 millions turnover today. Good afternoon

[seagreen] 06/6/2024 13:39

Makes sense...50p would do nice for starters

[the white rabbit] 06/6/2024 13:39

500k buy 19.14

[the white rabbit] 06/6/2024 13:35

It could be a bid like John Wood. Someone can service the debt

[seagreen] 06/6/2024 13:13

If you go down to the woods today ....you will find a Teddy Bears Picnic in disarray

[armbar] 06/6/2024 12:39

Large block orders over ask

[investtofly] 06/6/2024 12:34

Why the sudden jump in SP?

[seagreen] 06/6/2024 10:17

It appears to me that the imenent departure of PFC from this global industry might be a tad pessimistic if one believes the analysts and a small long is in order as the future is a lot brighter than the the evil mobster would have you believe I note the retail pond life have gone awfully silent at the analysts target of 54p ish not 4p ish.

Into the valley of death .....only invest what you can sit on not for widows and orphans as if it goes back to any debt for equity swap level it will rebound quite sharpish if it clears the air

Quite dificult to establish if it is the institurions closing their shorts gradually or the Share Prophets mob....

They always issue a particularly bad note as the inner sanctum depart leaving the poor old naive retail mob to lose their dosh

No recomendation intented but I prefer to believe the professionally trained analysts.

[halfpenny] 06/6/2024 10:17

Its a traders gamble with no foundation as Risks increase.

Every day closer to 16th with No update increases Risks of further falls below 10p...

Any news on Dilution of share value at these levels??

[ghhghh] 06/6/2024 09:46

Brokers Kepler have updated 3rd June, saying next two weeks are critical.

They specifically focus on the two issues I posted about yesterday but ignore the 'turkeys voting for Xmas' aspect. ie why would the RCF's/TL actually pull the plug?

They speculate that the 16th June deadline relates to the Algeria or Abu Dhabi petrochemical projects.

[showme01] 06/6/2024 09:06

Something encouraging is that Petrofac owed the company I work for 6 figures and it was paid in full yesterday. Not the sign of a company failing.

[leoneobull] 06/6/2024 08:05

Whi would have thought up 50% post suspension. Still don't trust the management

[socionomics] 06/6/2024 06:11

"Although the analysts have revised their earnings forecasts for next year, they've also lifted the consensus price target 8.8% to UK£0.54, suggesting the revised estimates are not indicative of a weaker long-term future for the business."

[midasx] 05/6/2024 22:00

Hard to believe how we have ended up where we are today, when :

[tahmina1] 05/6/2024 20:10

dipa - interesting link - thanks for posting

[dipa11] 05/6/2024 20:05

Https://simplywall.st/stocks/gb/energy/lse-pfc/petrofac-shares/news/petrofac-limited-lonpfc-just-reported-and-analysts-have-been

[npk2] 05/6/2024 17:54

Halfpenny always posts his wins after the event. Never about taking a position before.In other words, he full of excrement.

[united snakes of advfn] 05/6/2024 17:48

Why? You said analysis said 30p, but you are out for a little pittance. You bottled it, as you clearly do not have the capital to gamble and lose the entire lot.

Yours

US of A

[halfpenny] 05/6/2024 17:46

Nobody knows the outcome 16th June. Day trading until then but need to be careful need steel balls as they could collapse further.

Happy Days..