Petrofac Share Discussion Threads

[ammu12] 28/2/2019 08:13

Going back up nw

[dealy] 28/2/2019 08:05

can't believe the stock is down today

[notimpressed] 28/2/2019 07:56

from the report

"Healthy new order intake reflects our strong competitive position"

[podgyted] 28/2/2019 07:55

Apart from the SFO annoyance they seem to be in pretty good shape for a company on a PER of less than 6.

[podgyted] 28/2/2019 07:50

Accounts are pretty messy due to divestments etc ... but concensus EPS was 98c they achieved 102c so seems to be a slight beat.

[rimau1] 28/2/2019 07:42

Steady as she goes here with positives and negatives. Broadly in line results with order intake $5bn on target and margins steady, debt eliminated, 6.5% divi....but order backlog is down and the messaging is for near term softness whether this is industry wide or specific to PFC due to SFO would be good to know. I’ll add on any weakness, great long term hold with risk skewed to the upside IMHO

[dendria] 28/2/2019 07:36

The standout for me is 'Net debt eliminated; net cash of US$90 million'.

[wardy333] 28/2/2019 07:23

Quick look through results nothing too bad, the SFO drags on still which is a drawback, hopefully gone soon.

[eggbird] 27/2/2019 16:13

Goodbye 414!

Looking very positive ahead of results!

[stevieweebie2] 27/2/2019 15:51

lol, thats 6 goes to assault 414, they trying really hard to keep it down.

[knowing] 26/2/2019 16:23

Well hope it's shorters as it will add to the rise when they close.

[stevieweebie2] 26/2/2019 16:11

3 goes at 414.

[knowing] 26/2/2019 13:55

Broker Forecast - Berenberg issues a broker note on Petrofac Ltd
By BFN News | 11:00 AM | Tuesday 26 February, 2019
Factsheet Petrofac Limited Ord USD0.02 (PFC)

Berenberg today initiates coverage of Petrofac Ltd (LON:PFC) with a hold investment rating and price target of 500p

[wardy333] 26/2/2019 12:32

The market manipulators of whom there are many don't like this rising too much,think a U/T of £4.15p today at close.

[ny boy] 26/2/2019 10:50

These could double once SFO drops the case.

Right bargains around as we enter the Brexit end game, FUL, TCG, STX, INFA, MSYS


Dyor as usual

Just got to be patient here.

[notimpressed] 25/2/2019 21:43

the order book contradicts the prophesies of doom
predicted by the investigation, both now and when it
first became public. their is no reason to believe it
will limit the company's prospects of winning future business,
contrary to what the so called experts and analysts predict

[wolfhound1] 25/2/2019 13:47

New data suggests that oil companies are spending significantly more on greenfield projects in 2019, targeting some 48 billion barrels of oil equivalent

[knowing] 25/2/2019 12:43

Feeling pretty confident that they will show just how undervalued PFC currently are.

[paa65] 24/2/2019 20:34

Its full year results on 28 Feb

[paa65] 24/2/2019 20:34

Its more than a trading upd

[bouleversee] 23/2/2019 11:42

Hope you are right, Dinga.