Petrofac Share Discussion Threads

[lodgeview] 23/11/2017 16:05

Darn. Red.

[ny boy] 23/11/2017 14:18

No US bidder will emerge until after Thanksgiving hols, so next week we may see some action.

Holding up well at these levels, dip buyers com8 g in on every opportunity

[lodgeview] 23/11/2017 13:46

My other stock WSG not doing too well. Staying put in that. Hope the ME contract lands!

[lodgeview] 23/11/2017 13:26

Been on it since 4.63 so need it to go a little higher to b/e. Although I am not that far behind in reality having picked up 1300 quid from interim divi.

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

NO, been on it since 352p left Grand Central Station!

[fuji99] 23/11/2017 11:34

Hope nobody will miss the train.

[woodhawk] 23/11/2017 11:04

I guess some people just don't get it, do they?

[robo175] 23/11/2017 11:01

Last friday we had double the amount of sells yet share price rose so buy and sell volume is no indication, its all about buying or selling pressure.

[fuji99] 23/11/2017 10:59

I had one particular buy this morning which did not appear for some reason:
8000 shares at £4.467 and another of 800 shares at roughly the same price which may also be missed.

[woodhawk] 23/11/2017 10:52

Trying to second guess 'buys' or 'sells' is a mug's game. Delayed trades, etc, etc are there to obscure what is actually happening; If everything was transparent the MMs wouldn't make any money and we'd all be rich.

[fuji99] 23/11/2017 10:47

Woodhawk - I only reported what I saw on LSE (London South Est) website (total sells versus total buys). In any case it is good news if what you are saying is correct: More buys are likely.

[woodhawk] 23/11/2017 10:30

fuji99,

You don't know what is a sell or a buy. The publication of trades (particularly larger ones) can be delayed, and even lowly punters like me can buy at the bid and sell at the offer. Whatever some algorithm tries to guess as the direction of the trade is thus completely flawed - it is no real guide at all.

[fuji99] 23/11/2017 10:16

I think this will continue to be volatile till the bid or any announcement.
Any share price prediction will not be reliable due to the volatility.
Even with large sells, the share price showed a huge resistance.
IMO something is brewing behind the scene.

[11_percent] 23/11/2017 10:05

Traders will now be selling to get us back to 400.

Too much ramping happening on this BB.

[fuji99] 23/11/2017 09:42

If it closes at or above 450p, that'll be a positive indication.

[ny boy] 23/11/2017 09:42

Perfect launch pad now for either a bid to kick off or a major contract award.

Just bought more (DEB) @ 37.5p, divi is juicy too, for long term retail recovery play 12-24 months.

[vk74] 23/11/2017 09:23

Got to 450. Yeahhh

[fuji99] 23/11/2017 09:14

The last hurdle is 450p.

[blackbear] 23/11/2017 09:08

Yes if 450p breaks then 500p could be very swift.

[ny boy] 23/11/2017 09:03

Dip buying going on, a break above 452p should take us to 482p

Hopefully bid action start to emerge or a large contract award, sumin going on, you can sense it.

[scooper72] 23/11/2017 09:03

This is the point at 450 where people start wondering will it break through to the next level up or drop back down a bit. At the moment 445 seems a solid base.

[fuji99] 23/11/2017 09:01

SP very resilient despite a wave of selling.

[topazfrenzy] 22/11/2017 21:21

paa65, you know you want back in ... this is going much higher IMO ... a rare opportunity with little risk, the SFO thing was the opportunity for us lot to get in, it's nonsense at the end of the day and gives predators the opportunity to pounce and they know they have to be quick now, £6 initial offer with £7.50 final takeover could happen very fast.

[chelsea81] 22/11/2017 19:03

If you have sold out on here, then, you have sold. Enjoy your profit. It seems certain persons only post on here when they have made a few pennies trading this share, they never post when they are staring at huge losses. I guess we will all be millionaires if we were so good at trading.

[ammu12] 22/11/2017 18:13

Pa65, you've sold out. Stop justifying your sell