Petrofac Share Discussion Threads

[topazfrenzy] 27/1/2021 14:30

BURN THE SHORTS

[jason_scrap] 27/1/2021 13:12

Hahaha! Stop kidding yourself Halfpenny. There's a genuine recovery taking place

[halfpenny] 27/1/2021 12:35

PFC in Danger as Dead CAT Bounce in play be aware can fall quickly. Dont be fooled its still Very Risky.... DEAD CAT BOUNCE!! Mmmmeeeeoooowww!! OUCH!!!

[wardy333] 27/1/2021 12:14

Having trouble keeping this under £1.20p , once that breaks clear run to £1.30p.

[lowtrawler] 27/1/2021 12:09

I still see us moving to 140 next month.

[minsky] 27/1/2021 12:09

dev - have I missed a post? the end of what?

[dev80] 27/1/2021 10:46

How is it near the end?

[qs99] 27/1/2021 10:30

will need to see short-tracker reporting other shorts moving down to get the squeeze fully on IMO.....Goldmans reiterating a buy price very materially above current share price does help

DYOR
Cheers QS99

[hail67] 27/1/2021 10:16

Petrofac
@PetrofacGroup
·
2m


Elie Lahoud, Petrofac COO E&C, joined other leaders to consider some of the highs and lows facing the industry and the road ahead in a shifting energy landscape, via a virtual roundtable organised by Oil & Gas Middle East.

Watch the full video:

[plunger2] 27/1/2021 10:04

Great to see the shorts have started to listen to this board !!!



Blackrock closing 0.24% on Monday. This could be fun - gradual fun but FUN.

[pepepepe73] 27/1/2021 10:02

I think shorts will attack again, so it's time to take profit.

GLTA

[twixy] 27/1/2021 09:23

Actually, I would like to buy him a drink as I would not have made money of this with out him and his shorting crew.

[timmy11] 27/1/2021 09:20

we should all sue halfpenny

[dealy] 27/1/2021 08:56

To think that Rye were adding to their short last week. The arrogance of these people

[wardy333] 27/1/2021 08:48

Shorts best to close out now, nice day for the longs.

[leoneobull] 27/1/2021 07:25

Jsb on LSE RE: Crazy things happeningToday 06:35Possible trend emerging that UK investors will start to look at the most shorted stocks on our markets. Obviously we haven't got the extreme % of short positions in the UK markets like GameStop which was over 100%, however PFC has been slowly squeezed for years and the share price depressed over 90% and sitting at all time lows. Good sign to see Blackrock reducing and expect to see Rye Bay pulling back prior to results at the end of February.Edmond Jackson draws a good comparison between PFC and WG which have similar order books and PFC with significantly less debt, yet WG has a valuation of x5 that of PFC.The RNS last week was an excuse for the shorts to squeeze the lemon even harder. There was nothing new in the statement to warrant a 40% drop. The potential of any significant fine is priced in here and has been for sometime. A fine considered to be 'light' by the markets or no further action would mark the beginning of a major rerate.

[fizzmiss] 27/1/2021 06:34

Let's hope the Sewer Rat Shorters get crushed!

[leoneobull] 27/1/2021 05:53

Morning Ray BayeShort squeezes are happening all over the market, largely orchestrated by motivated retail stocks buyers who are explicitly trying to crush Wall Street shorts. The rookie investors are using online chat rooms and websites to garner information and support, pushing these embattled stocks to the brink."What we are seeing is an interesting clash between retail investors and the big institutions," said Delano Saporu, founder of New Street Advisors Group. "The cheerleading and strong emotions from both sides is creating an environment of emotion-based investing."

[leoneobull] 27/1/2021 05:31

Anybody looking for the next GME on Twitter? How about PFC?

[ammu12] 27/1/2021 05:19

What's the value of the large contract ?

[jason_scrap] 26/1/2021 20:31

They just signed a large contract for North Sea ,although not yet RNS'd, so don't think its much of an issue anymore. The news has been known by clients and suppliers etc for nearly 7 years. Legacy issue that shorts have used time and time again to ween out investors.

[dealy] 26/1/2021 20:15

The current short squeeze on Nasdaq stocks could cause hedge funds all over the world to cover short positions in individual stocks. Shorting is one of the reasons why uk stocks have performed so badly in recent years

[ammu12] 26/1/2021 18:50

The dilemma for Petrofac is the extent of time it has been in the spotlight and whether this will damage contract tendering or renewals, despite management insisting not. I think Covid-19's impact on reducing oil and gas industry activity is probably the more critical factor, although the two could conflate.