Petrofac Share Discussion Threads

[wolfhound1] 10/11/2018 12:29

Shorts reducing now at 6.24%

With mid terms in US now complete I wonder might we see a reduction in Russian & Saudi production and a phasing out of Iran sanction exemptions over the coming weeks and months.

Here's an interesting development :

Russia clashes with Western oil buyers over new deals as sanctions loom

hxxps://www.independent.ie/business/world/russia-clashes-with-western-oil-buyers-over-new-deals-as-sanctions-loom-37509617.html

[bouleversee] 09/11/2018 10:38

Santa's reindeers seem to have gone awol. Have they been poisoned? If so, by whom?

[wolfhound1] 08/11/2018 10:44

Every 5% adds up ... we are into santa rally, historically markets like a split govt in US, historically to the tune of 12%.....

[cinquepercento] 08/11/2018 09:54

599.99 to buy from my broker right now :-)

So this may be a very positive day....and 680 resistance next ,Wolfhound,sounds very good to me.

[wolfhound1] 08/11/2018 09:42

Looks like base not only fixed puncture but also put go faster stripes on the bike !!

...and all the while the shorts reduce......

IMHO - when it breaks through and holds 600p, next resistance target is the 680p

Nice

[wolfhound1] 07/11/2018 16:59

2.2% rise for the day is no small thing,well poised to break and hold the 590p target tomorrow

[cinquepercento] 07/11/2018 16:18

This 5.90 or so resistance is one stubborn so and so!

[bouleversee] 07/11/2018 15:45

Got a puncture and gone back to base for repairs.

[wolfhound1] 07/11/2018 15:25

As long as they arrive en-masse before last orders bell at 4:30 fully rested and full of energy for a bike hike to the summit ....lol

[bouleversee] 07/11/2018 14:57

Lunch was too good; they're having a nap.

[wolfhound1] 07/11/2018 13:32

Withrew briefly and now mounting a counter offensive, expected to break through 590p once USA troops arrive after lunch....

Nice pattern of higher highs and higher lows developing...

GLA

[cinquepercento] 07/11/2018 11:09

So 590 for a moment there.

[wolfhound1] 07/11/2018 10:32

Now mid-terms are out of the way let the santa rally begin

[wolfhound1] 06/11/2018 08:46

Cold case i suspect - they will just put the one page charge sheet in an empty evidence box , stick it on a shelf to gather dust ( like several others) and keep it as an open case.....forever ....great use of taxpayers money to justify their existance.

[1gw] 02/11/2018 15:44

Might depend in what way the uncertainty is lifted?

[bsharman3] 02/11/2018 09:51

why have we not heard anything from the SFO yet? This is still hanging over our heads and when this uncertainty is lifted i'm sure we will be trading much higher!

[wolfhound1] 02/11/2018 09:43

Having created chaos- the Don Donald is now rumoured to be about to sign a trade deal with China, if that comes to pass, I suspect we may see a significant lift to markets and one heck of a Santa rally.....notwithstanding mid term elections stateside.

[cinquepercento] 01/11/2018 07:34

Very good,Wolfhound re:4.5 rally looks likely.

A break out today would be nice.

Oil 74.63 at present.

[callmebwana] 31/10/2018 23:09

LOL Sir WOLF, good to see you have not lost your sense oh humor.LOL
I was just looking into the HZM BB. We have a Mr 10% there,I looked because the share price has taken a bit of big downturn. It just made me smile He,he, hoo !!
I just wondered if he was related to Mr 5% ?? Because they both have their monikers in the colour purple.I am still laughing because it amused me so much.He,he.ho :o)
No offense Mr 5%.I know the Italians can be very touchy at times.
I remember reading about Mr. Bralesconi and the Bunga, bunga, tuchy parties.LOL.
I just could not resist posting tonight. LOL.

[wolfhound1] 31/10/2018 18:02

MSSR. Esquire 5%..... Dear Sir - indeed, i would concur although I can not profess to be a chartist myself (lowly or otherwise...lol) -

As a humble investor all I can say is a 4%+ rally looks encouraging..... we sit at 578 a mere 12p below breakout......

As the captain of the sub said..." blow the ballast and pray for thin ice"

GLA

[cinquepercento] 31/10/2018 16:30

Edited several times.

Sir Wolfhound,

re:bounce and re: seem to be stuck at 580-582 at the moment.

I would like to offer my humble opinion as a lowly chartist,that 580-582 is just keeping within this last month's downward trend which is a straight line on the resistance at least.

To go any higher, requires this to break out of the downward month trend .

[wolfhound1] 31/10/2018 14:31

Sir 5% - indeed, lets see if another bounce in US today then we may just hit and push through your 590......which will be very bullish signal IMHO

[cinquepercento] 31/10/2018 12:46

Yes,very good news,Wolfhound.

Next target,5.90 aprox.

I have edited out the boring bits of my post here.

[wolfhound1] 31/10/2018 12:01

Blackrock added - back above 5 %

[cinquepercento] 30/10/2018 07:57

Callmebwana: Re:bit of a charting expert:

I do not claim to be an expert but I do like to try to make predictions by studying the charts.

It has worked very well for me recently on CEY.

If I get it wrong,I get it wrong.

I am happy to hear that you are making lots of money with your various shares.