Petrofac Share Discussion Threads

[midasx] 14/12/2017 07:52

The fear of the SFO investigation having a negative effect on future contracts completely unfounded!

have seen a recovery in new order intake in 2017, securing US$5.2 billion in new awards in the year to date in both existing and new markets. Tendering activity remains high, we continue to maintain our bidding discipline in competitive markets and we have a healthy order backlog.

[markbelluk] 14/12/2017 07:41

Definite confidence booster

[woodhawk] 14/12/2017 07:39

So trading inline, yet share price halved? Crazy. Takeover or re-rating?

[markbelluk] 14/12/2017 07:33

Superb update watch this gap up

[dahhad] 14/12/2017 07:22

Don't think there is much here to drive the share price upwards! Hope I'm wrong!

[cinquepercento] 13/12/2017 17:58

Are you Spanish or Romanian, VK74?

I ask because of the way you spell mush/much and one/on, and because of your sentence structure.

I am still day-trading this while I wait for that elusive drop to 396 or so,pence.

[midasx] 13/12/2017 17:17

VK74 will definitely be googling imbecile.

If the cap fits VK74.

[woodhawk] 13/12/2017 16:45

Save us all some grief and just filter these morons please! There's no point in trying to argue with an imbecile.

[topazfrenzy] 13/12/2017 16:37

VK74 you have no clue, best you find another share

[stoxx67] 13/12/2017 16:36

do you speak English?

;)

[vk74] 13/12/2017 16:32

OK not good it like so so, not mush better that the expected. I am actually betting one that. My entry point will be 432.If that happens. I hope it does

[bouleversee] 13/12/2017 16:30

VK74

Talk about stating the obvious!

[robo175] 13/12/2017 16:13

Define not good.

[vk74] 13/12/2017 16:11

If tomorrow news is not good this is going down.

[woodhawk] 13/12/2017 14:06

Quotes from RigZone:

"Oil and gas services company Petrofac has secured almost $1 billion in new contracts from Basra Oil Company (BOC) and BP plc."

"Earlier this year, Oman's Duqm Refinery and Petrochemical Industries awarded a $2 billion contract to Petrofac’s 50:50 joint venture with Samsung Engineering. The company also secured a $1.3 billion engineering, procurement and construction contract for the Burgan oil field in south-east Kuwait, from Kuwait Oil Co, back in March."

hxxps://www.rigzone.com/news/petrofac_secures_almost_1b_in_new_contracts-13-dec-2017-152782-article/

[fuji99] 13/12/2017 11:01

IMO the Trading Update tomorrow will lead the way to the share price future direction because it will certainly include strengths and weaknesses for the foreseeable future.
The balance between the two will make the difference to the share price next medium term move.

[paa65] 13/12/2017 10:07

The Basra Oil win is on PFC website.https://www.petrofac.com/en-gb/media/news/

[ny boy] 13/12/2017 09:30

Chart resistance 460p, once that breaks, should get a reaction to 501p +

[ny boy] 13/12/2017 09:26

658p target value from this lot

[topazfrenzy] 13/12/2017 09:25

550 before Christmas?

[vk74] 13/12/2017 09:17

Of course in future will go up. This is a very good company and I am looking a reentry point after taking profits yesterday. I could not ignore 5k profit