Petrofac Share Discussion Threads

[cinquepercento] 02/3/2018 12:26

You can see the tug of war going on between the shorters and the traders to push this up or down. :-)

[cinquepercento] 02/3/2018 12:21

VK74,

460 resistance tested again and holding so far so decision time for share again.
456 just now with the upward trend.
It has to turn back up now to have another go at 460 and above so we will know soon if it is turning back down for certain.
My thoughts only.

[lodgeview] 02/3/2018 12:16

Yeah wise move to sell out. Don't think it can break 460

[1gw] 02/3/2018 12:12

Encouraging bounce so far today.

Kepler Cheuvreux raising their target price to 660p and Numis reiterating 700p, according to N&P:

[vk74] 02/3/2018 12:10

I have sold everything. 457p hope to buy again when is cheaper again

[wolfhound1] 02/3/2018 12:10

IMHO the clue was in the COO returning for 9 month - just long enough for a deal to be executed in 3 steps:
1. announced (v soon) followed by
2. 3 months DD plus regulatory clearance
3. 3 months of handover to new COO
4. 3 months contingency for unforseen.

So I suspect we may get news soon

[garycook] 02/3/2018 12:07

B/B,Do you have written proof of that ?

[scooper72] 02/3/2018 11:33

Well, I was thinking to switch over to a hard copy. Get the kids reading the news a bit and useful for the fireplace

[blackbear] 02/3/2018 11:17

Takeover talks leaked?

[2seabass] 02/3/2018 11:16

BID COMING - now SFO appears to be stumbling

[ny boy] 02/3/2018 10:50

Lodge.. best discuss that on the HEMO thread!

[bouleversee] 02/3/2018 10:42

Ah, time to switch methinks. The house would be a lot tidier!

[scooper72] 02/3/2018 10:25

It's the online subscription:)

[wolfhound1] 02/3/2018 10:24

Showing desire to break through 448+

[bouleversee] 02/3/2018 10:16

Scooper -

You were lucky to get your Times this a.m. Still waiting for mine to arrive and fear it never will.

[scooper72] 02/3/2018 09:45

Quite a good article in The Times business section ending with a confident comment from Asfari about 2018

[scooper72] 02/3/2018 09:34

Interesting to see if 420 becomes the new level that the price bounces up from. Seemed quite clear yesterday that people were happy to buy once it went under that level

[stoxx67] 02/3/2018 09:26

agree with bookbroker comments earlier...

if you perceive the stock as good value.. i most certainly do...then buy it !!!

doubt there are too many on here with the timing skills of the pro's and even they struggle, Woodford with AA and PFG etc.

i feel sure some may believe they are "traders" but you only find out if you truly are having been front office in the City and trained in the "art"

get in, invest, resist the churn and the associated effects on capital, this is a superb medium term buy IMHO..... i have it in my SIPP, short term portfolio and long term portfolio...

this is as close as you get to an investmenmt no brainer IMHO

all the chumps who spout £3 , well... enough said !!!

[cinquepercento] 02/3/2018 09:18

Brent Crude: $63.79 .

[fuji99] 02/3/2018 09:14

NY Boy - There must be some news. Yesterday results coupled with Trump 25% and 10% tariffs on mining sector do not seem to affect it.

[cinquepercento] 02/3/2018 09:14

I sold some at 447 and I will hope to buy them back lower down. :-)

[lodgeview] 02/3/2018 08:48

NY Boy what are your thoughts on HEMO and why?

[lodgeview] 02/3/2018 08:47

5 pounds today?

[ny boy] 02/3/2018 08:43

A bit of recovery underway Perhaps?

[bookbroker] 01/3/2018 21:00

I look at the bigger picture, the basis of their work is the Middle East, to be honest it is not worth debating, steel for contracts under away purchased a long time ago, just what Exxon remarked upon today!