Petrofac Share Discussion Threads

[ny boy] 14/7/2017 16:15

Lol

Hold a core, and trade big, as long as it's not on credit, always have the funds to complete, as can take longer to make a good profit than expected. Sometimes the profits come easy, sometimes you have to be patient, even if you are short term trading.

[whattheduce] 14/7/2017 15:17

Almost at the 455, but will it hold through to Monday mid morn or will those evil nasty profit takers do the dirty on me. Nasty little people.

[ny boy] 14/7/2017 14:47

You need to buy £20k min to do it, I have done it a few times, all brings home the bacon but always have a core holding in case of some great news flow

[whattheduce] 14/7/2017 14:42

If you went in at today's dip of 440, you are looking at some 10p per share at the moment. Even after the spread if it was just 5-6p, on 10,000 shares that's 500 quid for a single day trade. I think this is very tradable even with the tiny volume as long as you are on the right point of the wave - which I am currently not!

[whattheduce] 14/7/2017 13:55

Note, I am a little worried at the amount of NTs. I expect most small pis issue the trade on command through their broker, a few trades will be stops and so on resulting in NTs, but most should be Os, ordinary trades. With so many NTs the dealers at the brokers start calling the price and the market will only ever work downwards if they have to much say. Why are so many pis not keeping an eye on this? Are the vast bulk of these NTs form one broker, OR, more sinister, are these brokers buying of their account holders and then holding them in treasury to deal latter - but surly there would be hundreds of off book trades so, no scrub that.

Come on pis, take back control - no more NTs.

NO more NTs
NO more NTs
NO more NTs
NO more NTs
NO more NTs
NO more NTs
What do we want?

NO more NTs

When do we not want them?

Now.

[cielos] 14/7/2017 12:44

up and down maybe once to often, but looking better than earlier

[paa65] 14/7/2017 12:27

Livening up now. Gone above yesterdays high. Next target Wednesdays double peak around 460

[garycook] 14/7/2017 12:15

Just topped at 445.67 with some dividend money to take my holding to 8,850 Shares.Moving back to the high of the day now at 447.Looking forward to a nice dividend in October.

[ny boy] 14/7/2017 11:17

Nothing to Day trade on this one, patience required and stronger oil prices along with fresh contract news will give the share price a nice boost.

We have summer vols now, so I am not expecting much activity.

[whattheduce] 14/7/2017 09:01

Still not breaking out of this damn loop between 440 and 460. Me too having to sit on the egg until 480. A sort of pattern may be emerging, 5-10% upswing very sharp and then rubber ball 5% below that peak for a couple of weeks. It is early days to form the pattern but would be consistent with other stocks that take a sharp knock and then recover like steps on a staircase. Of course, events dear boy events can throw everything up in the air suddenly. But for lowish volume trading the steps pattern look likely for PFC into the coming months. So taking a nominal base of 444, I am looking for a break out of this loop at 466, then spiking at another 5% taking it up to the 489. Then a couple of weeks rubber balling between 489 and 466. This range of 5% or so is suitable to make it worth day trading taking into account spread - although the rubber balling will have occasional more extreme movements. It will have to be done with care ensuring 50% of the pot is always in the share in case of a big sudden event like the SFO makes noises that there doesn't look like there is anything to answer to or that PFC is was an innocent third party or even the victim of a scam. Follow this strategy at your own cost, others will totally disagree so, as ever, you have to make your own judgment.

[foot in mouth] 14/7/2017 08:07

Me too callmebwana. Let the day-trading children have their fun. Us adults shall wait for the £5/6+ scenario to play out.

[callmebwana] 14/7/2017 00:00

Let the traders do their thing. I am sitting on my hands here. Nothing for me to worry about. £5/6 Not to far away. AIMHO.
GLA.

[ny boy] 13/7/2017 16:38

About time we had another broker upgrade!

[foot in mouth] 13/7/2017 15:14

13 Jul 17 Petrofac Ltd Goldman Sachs Buy 440.50 - 565.00 Reiterates

[whattheduce] 13/7/2017 14:21

Difficult to to see through the smoke, no pattern. Latest sudden up tick a surprise. Just need this to be 6% higher then jump around a bit with me trading it. I'm not chasing this down hill, I know the moment I bail to join the fun in the 440's the share price will rocket over 500. Huh, not that stupid, durrrrr

[ny boy] 13/7/2017 13:09

See oil pops off lows, PFC pops higher too, added more @ 440p

[ny boy] 13/7/2017 11:23

Buyers will come in soon for divi 21 sept ex div payout 19 Oct. currently yielding 11%+ but either it gets cut & share price recovers, so be happy with 5/6%

[whattheduce] 13/7/2017 09:19

We also need to get these automatic trades dialed up a bit, need them trading in thousands of units rather than hundreds.

[whattheduce] 13/7/2017 09:01

mmmmm see, greedy little profit takers have dipped the share price again. I'm smoked out! This is a disgrace. Put that share price up over 480 NOW! There is a gravy train running around the tracks here AND I WANT TO GET ON IT.

Need a RNS to get the volume up. Need more volatility.

[ny boy] 12/7/2017 22:17

Some folk like a bottom