Petrofac Share Discussion Threads

[callmebwana] 11/8/2017 14:12

O/T
Adejuk, perhaps you should look up TRX. I have been a holder there for a while.
It is on the move. You being a medical Person, I thought it may interest you.
Sorry about O/T on PFC thread.
ATB.

[adejuk] 11/8/2017 13:48

no
i worked in turin 25 years ago !!!

[adejuk] 11/8/2017 13:25

no not joking 5%
harley street private practice

[chelsea81] 11/8/2017 13:23

Adejuk - It's never a good thing to see your capital eroded, I hope you get your buy-in price at some point in the future. As long as you are in cash profit, it's always a happy day. A 1% cash profit in hand is better than staring at your capital in red imho.

[cinquepercento] 11/8/2017 13:16

Chelsea81

Re:Floating like a pendulum between 440 and 480 for the foreseeable future:

That is wonderful news and long may it continue! :)

[chelsea81] 11/8/2017 13:07

Full Broker Forecast
August 2017
Credit Suisse 09/08 Reiterates Neutral Neutral 500.00p
Kepler Cheuvreux 07/08 Reiterates Buy Buy 700.00p

The brokers seem to know something we don't, they are staking their reputation that this share price will shoot up to 700p. I for one think this is a tad optimistic, I don't think the shorters will let this hit 700p anytime soon. It might get close to 500p at the end of the month due to new contracts and/or dividend declaration, but it will fall back afterwards. It will also fall back after the Ex-div date when the share price is adjusted downwards to accommodate the dividend paid. This share price will be floating like a pendulum between 440p and 480p for the foreseeable future imho.

[callmebwana] 11/8/2017 13:00

Adejuk. Yes the Bots play this Market. I am just a PI. I was thinking with the logic of a PI. With the Results date getting closer, I would have thought the Shorters would start to unwind.They would have to pay the Divi if they are still holding.I am sure PFC will pay the Divi. If they don't then that is an admission of guilt!
Such is my thinking. I bought in today to try my hand at trading. I am usually long on my share holdings.I am still in profit as my average is around £4.40 overall.
Perhaps the Shorters know something that I don't. The whole Market is all over the place today. I hope you made the right decision today.
ATB.

[adejuk] 11/8/2017 12:50

so db have halved their long?

[adejuk] 11/8/2017 12:24

i have taken a 4% hit on my p/f to get out but at least i'm still approx 7% up in the last 2 months and it's good to be free of the angst.

[adejuk] 11/8/2017 12:22

callme
read
a mathematician plays the stock market
then you'll understand why you don't understand !!!
:-)

[callmebwana] 11/8/2017 11:42

I would have thought that with the last RNS re the appointment of the Top Gun in Commercial Law. Mr Market should have looked positively at PFC instead we are going down.
Me E. Sparrow is the Chairman of the City of London Law Socity. He has 30 years of experience in Commercial Law. PFC have beefed up their Litigation Department very well. To see the SFO muggers off.There must be millions of documents to go through !! Time will tell.
In the mean time the Shorters are running riot !! I hope they burn.
Short position gone up to 8.67% now !! I don't understand this.
ATB.

[chelsea81] 11/8/2017 11:25

Unfortunately, I have run out of cash. This share is currently at rock bottom bargain price. Anyone with a large pool of funds wasting in the bank can put it here, you will get at least a 3% profit when this goes back to mid 450s next week. Any rns released will see this hit 480p in a day. Good luck all.

[callmebwana] 11/8/2017 10:54

Alphapig, thank you.

Adejuk wise move, but on the wrong day perhaps !!

[ny boy] 11/8/2017 10:36

A nice day for bargain shopping, Trump/Jong is handbags 👜 all talk but entertaining, Obama did sweet fa to stop Jong, basically sat back and let him continue his nonsense, this time the inbred dwarf picked the wrong guy to start a fight with.

Anyway good topping up here, BP. GSK

[alphapig] 11/8/2017 10:35

Callmebwana, already had divi in May for holders around 20th April. Interim ex div around mid September, don't think it's been announced yet.

[dealy] 11/8/2017 10:23

Bloodbath week. Great buying opportunity

[callmebwana] 11/8/2017 09:53

Can somone please tell me as to what date you have to be a holder of Shares in PFC to qualify for the Divi. Thanks in advance.I know results are out on the 30th of August.

Torres10, because Shorters have a 8.55% Short on this.This share does not behave as it should.Under normal circumstances it would have broke £5. AIMHO.
GLA.

[chelsea81] 11/8/2017 09:49

Topped up at 446p. Relax guys, this will be back up to 460p in a week or less. Just set your sell order to whatever profit you want, and forget it.

[torres10] 11/8/2017 09:41

Can anyon explain as to why after such a huge contract the price did not reach new highs of 500 and went back down to 440.Im totally confused now

[garycook] 11/8/2017 09:37

Added at 444p.Over done today.Good buy in the 440,s.

[callmebwana] 11/8/2017 09:34

Should have waited a bit !! Maybe Shorters will want to be out now. Ah' all the fun of Stock market trading.
GLA.