Petrofac Share Discussion Threads

[whattheduce] 12/7/2017 12:22

If they were close the share price would be showing it, knowing how porous the info chain is in UK. When you see 20% either way, you know something is on the way! I think liquidlunch was trying to write the musical for the saga ahead of time.

[luderitz] 12/7/2017 12:13

Never assume anything.

[ny boy] 12/7/2017 11:59

Is one assuming that the SFO are nearer to some sort of decision on PFC?

[ny boy] 12/7/2017 11:57

Liquidkid ??

[whattheduce] 12/7/2017 11:24

naaa NY, more like 470.676/472.233

[ny boy] 12/7/2017 11:10

I think we can get to 470/472p by the close

[whattheduce] 12/7/2017 11:10

I think the volume from the stops from the early morn spike have cleared, now back to the 460, lets see if it holds or profit takers move in, I need another 20 to 480+ to make it worth my while.

[luderitz] 12/7/2017 10:55

Coming up strong again.

[ny boy] 12/7/2017 10:28

Looking good, where is everyone, some still hiding behind the sofas? 🙈

If oil prices have bottomed out, this could go on a run to 506p, even without further contract news, although that would certainly help build a strong launch platform for higher moves.

[ny boy] 12/7/2017 09:44

445p held, so far, so, good, look for a close above 465p, that would be pretty bullish

[ny boy] 12/7/2017 09:14

Thread quiet, usually the time to buy or add, depending on your situation. Certainly a lot if momentum players cashed in around 470p, I reckon they will be back once 435p or 444p levels hold.

[luderitz] 12/7/2017 09:11

Interesting observation WTD, lets see if that happens again today eh.

[whattheduce] 12/7/2017 08:43

Spiked. Now, I have noticed over the years an interesting little point. Quite a few times, when there is an opening spike like PFC this morn, the closing price on the day is not far off the top of the spike. It is as if a target is set and the aim is to trade to that target. So my retrace back to 460 I hope is back on for today so I can be in a position to start jumping in and out day trade again without taking a hair cut. Unfortunately I haven't had any spare funds to jump in and average down so can't take advantage of the back peddle.

We will see mid morning when all those stops have been cleared, there may have been quite a volume triggered over 459.

[ny boy] 12/7/2017 08:40

Buyer of dips here, as long as 444p holds

[ny boy] 12/7/2017 08:12

Nice back in play again, not long before we test the fabled 506p level.

[ny boy] 11/7/2017 22:27

Oil up more, bottoms in, this one should rise 10-15p tomorrow, even without news.

[ny boy] 11/7/2017 19:06

Yes CLLN was poor management then the bears moved in, lucky to get out yesterday @ 133p had decent divi, so only a 25% hit. Made up & more on NUOG and these.

Bring on some contract news!

[gersemi] 11/7/2017 18:39

SFO now investigating Amec Foster Wheeler as well. AMFW will get pummelled tomorrow morning..maybe another profit in this trade

[d1nga] 11/7/2017 18:37

shorters didn't do that - POOR management did that - the co. is a basket case

[callmebwana] 11/7/2017 18:36

O/T.
Just look what the Shorters have managed to do to CLLN !!
I am not a share holder there, thank God. :O/

[ny boy] 11/7/2017 17:03

Nice recovery to 444p resistance, in line with recovery again in oil prices!

[whattheduce] 11/7/2017 14:21

ff she goes, up, up and away.

Now, back to 460 for my b/e and then on to 480 please for my first profit take consideration - and quick about it.