Petrofac Share Discussion Threads

[notimpressed] 24/5/2018 08:13

shorts increased again on 21st may now 6.83%
could account for some of the drop

[longwell] 24/5/2018 07:32

if you see 10.00 and above days again then buy the weakness. dividend and potential for takeover at these levels for me underpins the price. will watch and pick an entry point. shorters although a huge pain do create some great entry points into these types of companies.

[stoxx67] 24/5/2018 07:08

lodgeview not whining again about fall in share price like he was in november / december ?

i filtered him after the constant whining last time around.

financial markets are a dangerous place for the weak.

[pogue] 23/5/2018 22:27

Unioil was a company other companies paid to assist them to win contracts in counties where corruption was rife. How Unioil did that all the companies that paid them have no idea they claim. The SFO claim otherwise. That is the case against AmecFW and PFC and others in the shortened version.

[notimpressed] 23/5/2018 18:18

1 from the link it refers to unaoil not pfc
2 we are desperately in need of an rns

[bouleversee] 23/5/2018 17:05

Thanks, DR SMITh. This is the link to The Times article.

hxxps://www.thetimes.co.uk/article/unaoil-pair-face-further-charges-in-bribe-inquiry-0nqs97x3g

[boris cobaka] 23/5/2018 15:35

notimp the way the o&g sector took off it's no surprise we're due some pullback. It was almost going vertical on the back of the oil price rise.

[notimpressed] 23/5/2018 15:31

the sfo ought to look up the word "baksheesh"
it is the modi operandi in most parts of the world

[silver tortoise] 23/5/2018 15:22

Well I bought in at £4.60 and sold at £6 I'm happy with the profit.Will buy in again just watching & waiting.

[dr_smith] 23/5/2018 15:11

bouleversee. A quick google shows this, where both mentioned though relationship (if any) between two not clearly stated.

[lodgeview] 23/5/2018 15:09

5 quid coming folks.

[bouleversee] 23/5/2018 14:59

An article in The Times today says that the SFO has brought fresh charges (conspiracy to pay bribes) against 2 of Unaoil's staff. Is there any connection between Unaoil and PFC (I have a vague recollection of reading that there was but might be completely wrong) and if so could this be what is affecting the share price?

[notimpressed] 23/5/2018 14:31

a lot of he oil stocks down today some more than pfc

[notimpressed] 23/5/2018 13:47

well this was n't in the masterplan

[boris cobaka] 23/5/2018 10:47

Definitely not liking the way the volume picks up on every dip.

That smell of burning. Would that be the shorters wolf?

[boris cobaka] 23/5/2018 08:33

wolf you do understand that the fellas on the short side will also be lowering their stops as the share price falls?

Only those that don't use stops would potentially have a problem but that would be very unusual. The reaction to short selling borders on the extreme side of rabid.
It's almost comical. Can just imagine the foam and gibberish...

[liquidkid] 22/5/2018 14:15

Follow up to post: 111 In less than a year;

SFO case thrown out by court.

Charges dismissed were against Barclays plc and Barclays Bank plc for
“unlawful financial assistance provided to the State of Qatar in November 2008”.

As far as Petrofac is concerned how can the SFO build a prosecutable case if there is no victim and as far as one can clearly see, there isn't even a single verifiable witness!

Ah ha say the Bill, the 'evidence' from Buzzfeed was that Peter robbed Paulovic for £1 million dollars in unpaid fees.
Is chump change even worth consideration as admissible.

[notimpressed] 22/5/2018 12:01

Seeme to be holding it's nose above 600

[notimpressed] 22/5/2018 09:17

we have lift off houston, just lets hope it keeps going upwards

[wolfhound1] 21/5/2018 16:46

In a way the shorters have done us a favour with dividend paid on 25th - we can now buy alot more shares than last week and added bonus is the rise in share price to accompany it will hurt the shorters even more ...happy days

GLA

[fidgas] 21/5/2018 16:26

Have to say I'm still a little confused around the 10% dip since last Wednesday - especially with the lack of news? Or is that the answer - was something expected at the AGM?

[wolfhound1] 21/5/2018 15:55

SFO have got to be living on borrowed time........

[notimpressed] 21/5/2018 14:24

court rules against SFO in barclays case

[karam] 21/5/2018 12:20

When is trading update