Petrofac Share Discussion Threads

[linton5] 23/2/2018 19:56

Breakout delayed till Monday morning chappoos

[ny boy] 23/2/2018 13:49

First try, usually fails next one should work, a close above 430p will be important when it arrives, no rush, results 01 March, be nice to get a contract win booster!

[fishking1] 23/2/2018 13:30

And breakdown fallowed.

[ny boy] 23/2/2018 12:28

Breakout started

[ny boy] 23/2/2018 11:42

Once again trying to break 430p, patience required here. If it wasn’t for MS this morning we would already be above 430p

[bouleversee] 23/2/2018 11:01

Well they still have a target of 475 which is quite a bit more than the share price at present. They will probably up it again when we get back to that.

[ny boy] 23/2/2018 10:27

So we get Morgan Stanley issuing a downgrade this morning, why not after seeing the results, sorry but investors can see through the reason for that, must think we’re all f’ing stupid..onwards & upwards.

[ny boy] 22/2/2018 16:51

Excellent day and with this afternoons oil data pumping crude prices higher, all bullish for the sector participants & a turnaround in equities.

Tomorrow we should break through 430p, if so, as it’s been a long time resistance level the move could be powerful if volume matches.

[ny boy] 22/2/2018 12:15

Noujay, no idea, I hope for a contract win or two, maybe some reduction of debt but I doubt they will comment on the ongoing SFO investigation. Keeping my core holding and just trading £20k chunks as and when the share price drops near to £4 and rises towards 430p, waiting for breakout above 430p

[noujay] 22/2/2018 12:02

Is anybody expecting anything but decent results next week? It seems to me that all being as previously indicated then the current share price is ludicrously depressed which was only recently illustrated by the run to c.£6.

[ny boy] 22/2/2018 10:17

Very impressive action this morning considering US markets & crude closed lower and today markets are down more, moving higher in a down market, usually a good sign

[ny boy] 22/2/2018 09:25

Buyers bought that dip, this is certainly in demand at present, let’s crack that 430p stubborn resistance, if it does, should move to 460p

[ny boy] 22/2/2018 08:18

Added more 410p, ex div 12 Apr

Results 01 March, looking forward to some contract news, I’m a patient sort!

[linton5] 22/2/2018 07:28

Good old yanks gonna take us down by the looks of it after last ngts turn around, right we’res my stone

[linton5] 21/2/2018 16:26

Nice price before a rise tmmw possibly,keep an eye on OS X index tonight

[linton5] 21/2/2018 14:16

10000🙌Bungle

[bouleversee] 21/2/2018 13:59

What do you count as a big lump?

[linton5] 21/2/2018 12:46

They won’t let you buy in big lumps lol

[linton5] 21/2/2018 10:04

I sold 422 just after 8 hoovering around again after dog walk poo

[ny boy] 21/2/2018 09:07

Bought the pull back this morning.

[ny boy] 20/2/2018 16:43

Looking for a break through 430p tomorrow with a test of 435p, if not, then later in the week, if oil prices hold firm.

[bouleversee] 20/2/2018 16:43

Not brilliant but the best since the last big drop. Time we got back to at least that level.

[ny boy] 20/2/2018 16:01

Decent action considering the US markets are down and oil is off but oil looks fairly stable as glut is going down and demand from China etc rising.

The share price is pulling back less and responding quite positively today, sign of things turning north I feel.

[bouleversee] 20/2/2018 15:48

I may have spoken too soon. I misread my clock