Petrofac Share Discussion Threads

[notimpressed] 08/2/2018 11:05

dow premarket in the red, so not much hope of a bounce at the moment

[woodhawk] 08/2/2018 11:02

Now down over 25% from recent top. Spread bet on!

[chelsea81] 08/2/2018 10:52

fuji99 - I'm trying to wait till it hits the bottom, but 438p is a very good price you bought imho. A news release tomorrow will see this shoot up to 480p in a single day trading. If this gets to 400p, I will have to sell some of my investments elsewhere and top up significantly here.

[w1ndjammer] 08/2/2018 10:51

Could be a small bounce from here for the agile traders.

WJ.

[dubian99] 08/2/2018 10:46

-4.85%

It ain't even 11am FFS !!

[w1ndjammer] 08/2/2018 10:39

cinq

i am thinking maybe 420 or 400

WJ.

[cinquepercento] 08/2/2018 10:32

Windjammer:
So what are you thinking?
Do you expect it to continue down and to what point?

[cinquepercento] 08/2/2018 10:28

Yes,Fuji99,

Unless someone can tell us where the bottom is,it makes sense to buy every so often on the way down.

It could bounce back at any time.

I would not be surprised to see the shorters take this down to 400 or less.

I will try not to buy any more until or unless it gets to 425 or so.

[fuji99] 08/2/2018 10:21

Picked 3600 shares at 438 ish.
If say, a contract is announced tomorrow, the bounce will be very sharp.
Otherwise this will just follow the market mood.
Could recover after the US opens this pm as the dow dropped last night.
This is a yoyo market - up today - down tomorrow etc.

[garycook] 08/2/2018 10:00

Bounced off 440p again.It seems to be a support level atm

[wallywoo] 08/2/2018 09:59

chelsea, if you look at the candlestick charts you will see that the share price hit a low of 405p yesterday. All over the place currently. If looking to buy worth trying a cheeky limit order IMO

[cinquepercento] 08/2/2018 09:59

Bought more at 442 but prepared for it to go a lot lower or to bounce back :-)

[chelsea81] 08/2/2018 09:57

Freefall here, looks like 450p isn't the bottom. Unfortunately, no one knows what the bottom is at the moment. I think I will wait out till tomorrow, let's see if the trend reverses.

[1bonanza] 08/2/2018 09:49

This is on a downhill trend and I'm out for now. GLA

[bluerunner] 08/2/2018 07:58

Topaz - you have been warned to stay OFF the school computers. Now run along and try and make some friends......

[garycook] 08/2/2018 07:52

topaz.Your a Masterbator of the highest order LOL.

[fuji99] 08/2/2018 07:46

topaz- Why don't you just simplify your number to penny share class. Choose your number - Perhaps 50 pence for a multi-£billion revenue company ?

[chelsea81] 08/2/2018 07:27

If this goes any lower than 450p, I will be topping up with a £10,000 punt. This downfall is temporary and isn't based on fundamentals, this share price can very easily hit 600p within the next 30 days. Annual results are due, dividend is due, new contracts on the pipeline. Anyone who buys in now at 450p and below is grabbing an absolute bargain that could significantly make a dent on your mortgage. Goodluck to all long-medium holders, shorters, and short-term traders here. An amazing share, this is.

[topazfrenzy] 08/2/2018 00:57

£2.50 coming here, maybe less, with oil and markets heading down, and then this hanging over it, don't hang around.

[ewanwhose] 07/2/2018 21:51

FWIW I see it as a punt on the SFO angle having scared off risk-averse punters.But I'm newly arrived and still in profit...

[lodgeview] 07/2/2018 20:50

Any LTH's worried here?

[binarypilot] 07/2/2018 12:06

oh no! he's one of THOSE. "MM's games" guys!

[hmgouda] 07/2/2018 11:42

It seems that MM are playing games with CFD longers

[1bonanza] 07/2/2018 11:28

Surprised by this drop back again!