Petrofac Share Discussion Threads

[paa65] 20/4/2018 13:58

Looking like 600p this afternoon

[fishking1] 20/4/2018 12:31

So 700p before outcome.

[killman2] 20/4/2018 11:59

...or bust

[killman2] 20/4/2018 11:32

Boom........

[dubian99] 19/4/2018 12:48

Their balls are being crushed (shorters ) no mistake, did they see $75 oil in April nope, did they see Saudis aiming at $80 oil nope, did they see $1.4 b contracts maybe, $10 m buy in's nope, without being oversold fundamentally,

[dubian99] 19/4/2018 12:35

Mmmm what you goona do now schmuks, poo just turned, are your short balls trapped oooooh, I'm in

[dubian99] 19/4/2018 12:05

Poo still up $1 since yesterday close and the fker nearly collapses on 0.30 retrace,
Sorry just spouting my usual angst,
It's city spivs etc.. I know

[ny boy] 19/4/2018 09:30

Excellent move from 400p, broken through 570p resistance nearly into blue skies, ex div next Thursday 26 April

[matrix25] 19/4/2018 08:45

Well, the share price has cut through the £5.60 anf £5.80 resistance points like a knife throuh butter.Lets see if it does the same through £6 today.I think it may.

Wolf, totally agree with the four points you make above.
A nice Divi to collect in a few days. What is there not to like about PFC ?
GLA.
Bwana.

[wolfhound1] 18/4/2018 14:07

650p in the short term is definetly do-able, I suspect many will reinvest the div so that will add further buys. Post that I can see an onward push to about 850p with possible following array of catalysts :

a) further RNS on business wins

B) SFO announcement i.e. no case to answer

C) any amnouncement of a share buy back programme

d) closing of reported shorts/ bid approach.

[garycook] 18/4/2018 14:03

Target has to be £8.

[fidgas] 18/4/2018 13:04

where after 600p do we think... 650?

[1gw] 18/4/2018 12:51

Up, up and...away?

[paa65] 18/4/2018 12:29

Motoring now after 5 days around 560.Come on PFC. £6 please.

[mattcookson] 17/4/2018 20:53

PFC goes ex divi on 26/04 - 18p. At 27p yearly divi (5% yield) is not bad going at all in the current market. STONG BUY! Also, over the last couple of weeks Kepler, Numis, Credit Suisse and Jefferies have given PFC BUY ratings with average price target of circa 650. This is recovering well and will soon hit the 650-700 mark IMO. Good time to grab this on the cheap.

[matrix25] 17/4/2018 13:46

The Shorts are trying their best to keep it below £5.60. It will break out of this resistance sooner or later.AIMHO.
Bwana.

[fidgas] 17/4/2018 13:41

bullish flag forming?

[matrix25] 16/4/2018 09:50

Heading in the right direction at the moment. Resistance @ £5.60 broken.
Bwana.

[garycook] 14/4/2018 12:24

Ok,Thank you.Lets hope so.

[wolfhound1] 14/4/2018 12:18

I suspect we will see further increase in oil prices (post allied air stikes friday night) and PFC share price to rise - that will also push it past resistence levels and blue sky overhead..... I am hoping for 600p+ next week.

GLA

[garycook] 14/4/2018 11:42

wolfhound,Explain ?

[wolfhound1] 14/4/2018 10:47

March on Monday !!

[fishking1] 12/4/2018 12:12

Low volume.

[contrarian joe] 12/4/2018 11:24

Longview, broke out yesterday!!