Petrofac Share Discussion Threads

[pogue] 16/8/2019 16:13

Yes the usual anti US suspects all forming up together Iran, Russia, China but for Saudi and UAE to start talking about joining them plus Trump bypassing them by back-channelling to Iran to stop a war from starting is ultra weird. Trump is showing a totally different face to the world and therefore is proving the US to be weak in Arab eyes I wonder when this will start hitting mainstream news. If SA and UAE swap sides the $ pricing of oil will vanish and with it American ability to service their massive $ debts as the $ will plummet as people will no longer look to buy $s to trade for oil. The flip side to that is gold is going to rocket even more than it is now! Interesting times.

[killman2] 16/8/2019 15:51

reads like the enemy of my enemy is my friend...if you can understand ME politics you're in the wrong job...

[pogue] 16/8/2019 13:01

This is the most amazing article I have read on oil in a long time. Its always been on the cards that the Middle East would turn to China for military protection as Trump has always stated he wants to withdraw US troops and protection from round the world but it seems we are very close to it right now in the Middle East with even Saudi Arabia looking to swap sides and that will turn the oil world on its head.
hxxps://oilprice.com/Geopolitics/Middle-East/Chinas-Ultimate-Play-For-Global-Oil-Market-Control.html

[pogue] 16/8/2019 12:54

could have been this
hxxps://www.msn.com/en-gb/money/news/london-exchanges-biggest-stocks-resume-trading-after-glitch/ar-AAFT0cP?ocid=spartanntp

[pogue] 15/8/2019 18:40

Very odd day PFC up 2p on a sea off red including oil going down weird

[killman2] 15/8/2019 16:25

love a great 'Potential Upside' recommendation and charts never lie...says the politician actually, look, moving forward...

[knowing] 15/8/2019 14:06

460p Target

[knowing] 15/8/2019 14:02

Looks like it just tested the last bottom in march. If it breaks higher here it should go to test the lat high of 550p

[killman2] 15/8/2019 13:46

bottom...again...

[pogue] 07/8/2019 15:58

Price holding well as Brent looks like breaking through $57. I expect OPEC will issue some words of comfort soon to try and talk the price back up failing that placing another limpet mine on a tanker might at least slow the fall.
Not seeing where the war is coming from notimpressed Trump not interested in anything involving Americans dying and without him the party can’t start.

[notimpressed] 07/8/2019 13:20

given the amount of reconstruction that will be
required after the next middle east conflict
this should be double th e price it is

[pogue] 07/8/2019 07:24

Brace yourself Sheila Brent now under $59, not going to be a good day I feel.

[pogue] 06/8/2019 12:47

Brent slipped under $60 came back up and back down again not a good sign it must be said.

[cinquepercento] 06/8/2019 08:57

The great Oracle ,"Halfpenny The Harbinger Of Doom,"

(The owner of "www.Shorters are us.com") has been advising us that we can expect a fall to 300 . :-)

He never replies to my polite comments,though.

[bouleversee] 05/8/2019 19:08

The only holding I hold which has gone up today!

[11_percent] 05/8/2019 18:18

A blue close.....biggest come back since Lazareth.


Looks like a floor.

[timmy11] 05/8/2019 15:29

we already have halfpenny!!

[markbelluk] 05/8/2019 14:31

Arja that uninspiring that you felt the need to comment?

He's already sold short Timmy

[timmy11] 05/8/2019 14:18

arja sell up and move on there a good chap

[arja] 05/8/2019 14:14

good dividend yield but In assume it will be cut as recent net profit record is uninspiring at a quick glance at the financials on this site

[arja] 05/8/2019 14:12

awful looking chart for this stock and I wonder if it will soon close at under
380 chart support .

[wolfhound1] 05/8/2019 13:15

"Notwithstanding this, we continue to engage with the SFO to aid their work and support them in bringing this investigation to conclusion with pace and focus.”

Pace and focus from the SFO ....good luck with that....given their less than illustrious track recor(total FUBAB).... SFO should be closed down immediately.

They are now hitting new levels of incompetence.......

and why is this all being drip fed to surpress and push down the share price .. shorters looking for an out before the case is dropped ?

...if they want to investigate something corrupt they should start looking at the shorters and the leaking of information to them that precipitated their official start to investigation...... smells pretty fishy to me and many others on this board ?
...have they the backbone to go after some of their own ?????

[pogue] 05/8/2019 13:14

I don't think there has been any reaction to that article in the Guardian look at Wood Group it fell by a similar amount on opening today, its not recovered though, this is due to Trump's trade war.

[pogue] 05/8/2019 08:52

Brent is looking like its going to go below $60 Trump has no intention of stopping his trade war with China and China look like they are betting on a Democrat as the next President and using delaying tactics.