Petrofac Share Discussion Threads

[chelsea81] 08/8/2017 16:51

Loving this share price movement. LTHs are hoping the share price goes up and sustains an upward momentum, traders are hoping the share price falls heavily so they can buy in and trade. It's a mixed bag, but we are all here to make money in the shortest time possible.

ATB to the LTHs and traders, let's enjoy this share price while the fun lasts.

[cielos] 08/8/2017 16:50

That is right down to 455p and back to yesterday's closing, that is 12p bounce from the low

[callmebwana] 08/8/2017 16:39

Cinquepercento. Bwana woud do. I was born in Kenya.
As I posted this morning. I was way over exposed in PAYS.A bid came there.
I have cashed over half there now.
I feel I will get a better return here. The idea is to have around 20K shares here. Another day like this and I will pile in.(The RSI was below 30 today hence my buy). Trading pot of about 5K shares and the rest for LTH. Anything can happen in those 3 Days with Shorters around.
On hindsight perhaps I should have bought the lot today. Time will tell.
Have a good evening all.ATB.

[adejuk] 08/8/2017 16:37

sell high
buy low
rinse and repeat
but i don't have the time

[torres10] 08/8/2017 16:33

Cant see this at 450 anytime soon. I think its on its on way up. Imho as always. Should see close to 485 plus by end of the week.

[ny boy] 08/8/2017 16:24

Now who didn't buy that dip!

Quite clear price manipulation going on, soon back to fresh highs

No Wind1jammer my stop loss is at 432p

[eodfire] 08/8/2017 16:23

Yes it could Torres... there could be lots of people caught with their pants down. I love the way people are talking about buying in big at 450... if it gets there... most of my buying was done under 400. Good luck all holders.

[nicebut] 08/8/2017 16:23

Seems to be leading oil, which is weird.

Well I thought it would go up too to £5, IE not go down 450p....Maybe tomorrow, or later in the week?

[torres10] 08/8/2017 16:16

Why does everyone expect this to go down to 450 by end of this week or next.Could this not turn to 485 and above by end of the week?

[gemlotte55] 08/8/2017 16:08

Great call whoever picked up at 4.55

[cinquepercento] 08/8/2017 16:05

Very good,Callmebwana.

You must have a big bag of money to play with.

We have three days before the weekend to get down to 450 so we just need to stay calm.

It is true what they say though,isn't it: Traders here,work for their money so they are entitled to make better profits than the investors who have other main jobs I suppose,generally.

[callmebwana] 08/8/2017 15:24

Cinquepercento.
Sorry 5% from now on :o). I hope we all do well here. I am piling in at the moment to trade some as well.I will keep the core holding as news can come at any time.
GLA.

[cinquepercento] 08/8/2017 15:22

Chelsea81.
Re:you are still hoping for 450 or less.
Good,I will stay out now anyway as I am after 6% for the next profit so will wait for 450 and see how we go.
The drop today came more quickly than expected for me.
Re:those who bought on a spike : I have been there done that and it proved very costly so lesson learned.

[chelsea81] 08/8/2017 15:16

Cinquepercento - This is a traders share at the moment, those who bought an hour ago at 454p can sell now at 463 and bank cash profit. Amazing share this is. I will observe from outside for now until it hits 450p before I plunge in big time. Another 1% drop tomorrow and Friday will take this to 450p. I'm looking at trading this next week, it should be 450p be then imho. At the same time, those who bought on the spike last week at 480p are already staring at paper losses. A 1% cash profit is always better than a paper loss.

[cinquepercento] 08/8/2017 15:13

Callmebwana.

5% not 100%,please. Cinque=five Cento=100 percento =percent

Yes,we need to hold our nerve here and hope it drops back again.

[callmebwana] 08/8/2017 15:10

Mr 100%.
I am hoping it does. I am waiting with my cash.
I think me and the apeman did well today.
ATB. Everyone to their own agenda.

[callmebwana] 08/8/2017 14:35

Adejuk, yes the Shorters are doing me a favour. don't think PFC will cancel the Divi. All will become very clear in 21 Days. Not long to wait.

[return_of_the_apeman] 08/8/2017 14:29

They can't reduce or suspend the divi - it would be seen as an admission of guilt

[return_of_the_apeman] 08/8/2017 14:28

Shorts have to increase to try to hold it down - just means more to unwind from this level. Hoping we will see IIs adding, surely the bull case now considerably outweighs the bear case

All imo

[gemlotte55] 08/8/2017 14:26

Reckon they will reduce Divi or cancel until case finalised. Then if all gos there way a special Divi on conclusion can be paid

[adejuk] 08/8/2017 14:25

6% fall in 2 days

[callmebwana] 08/8/2017 14:23

Just bought 2500 Shares at 455.65. Just not going to wait for it to drop further.
If it does I will top up some more. 3 Weeks time this will go up. Happy to hold for the Divi.
ATB.