Petrofac Share Discussion Threads

[master rsi] 08/2/2021 16:52

A good closing UP 118.75p with a large trade 238K

16:35:07 118.75p 238,399 UT

[topazfrenzy] 08/2/2021 16:12

lol what an idiot

this is a screaming buy, a multi bagger this year

x3 on the way minimum in 2021

[halfpenny] 08/2/2021 15:29

PFC still very Risky so be aware it can fall quickly with negative news flow and towards 80p soon.. take care of your hard earned money. Very Risky.

[mickinvest] 08/2/2021 14:56

Britain’s first major auction of offshore wind farm leases in over a decade has seen Orsted, RWE, BP and Total awarded contracts, the Crown Estate said this morning.

With six projects, the venture will represent nearly eight gigawatts (GW) and could provide enough power to fuel around 7m homes.

Petrofac should be expecting a bit of work when these projects kick off?

[dealy] 08/2/2021 14:28

I think the shorts are looking at it like this: if case evaporates with small fine then they will have time to cover because there are so few funds in London that are interested in this stock.If big fine, then no need to cover

[eodfire] 08/2/2021 13:26

They can be stubborn.

[pepepepe73] 08/2/2021 12:51

I was expecting much more buying pressure today.

I can not imagine shorts maintaining their short positions opened. Depending on SFO's resolution, shorts would suffer a massacre.

[topazfrenzy] 08/2/2021 12:40

keep adding while you still can at these ridiculously low levels

:)

[penycae] 08/2/2021 11:52

Supreme Court rules against "power" of SFO to obtain documents from overseas companies.

[maturo] 08/2/2021 11:49

Moving ahead alright

[master rsi] 08/2/2021 10:21

Has now gone well POSITIVE on the order book, the opening price is what is aiming for now.

OFFER side
Depth 135
10:17 1 117.6
10:17 15 117.6
10:14 1,396 117.5
10:15 1,381 117.5
10:17 3,648 117.5
10:15 1,062 117.45
10:17 496 117.45
10:17 2,311 117.45

BID side
112 Depth
117.8 508 10:00
117.8 175 10:14
117.85 496 10:17
117.9 496 10:17
117.95 487 08:26

[master rsi] 08/2/2021 09:23

BID Prices at the order book keep moving higher as is now in a better shape and DEPTH positive 121 v 107

[topazfrenzy] 08/2/2021 08:35

My target is £4 in 2021

I think there is good chance it will be hit

[topazfrenzy] 08/2/2021 08:34

The shorts will be getting desperate to close now, do not help them, do not sell anything, keep adding instead if you have funds

GLA

[wigwammer] 08/2/2021 08:17

Shorters building?! Actually Blackrock have been closing their short.

[oakville] 08/2/2021 07:29

Fridays closing predictions anybody. Starting with 88p. Shorters building and forcing this into the ground.

[leoneobull] 08/2/2021 06:23

A booming rally in oil markets has pushed crude prices to their highest levels since near the start of the coronavirus pandemic, powered by production curbs and recovering demand.Brent-crude futures, the benchmark in energy markets, have risen more than 50% since the end of October and are approaching $60 a barrel for the first time since Covid-19 began to erode oil demand in early 2020. Futures for West Texas Intermediate-or WTI, the main grade of U.S. crude-last week surpassed $55 a barrel for the first time in over a year.The speed of the recovery has surprised some investors and analysts, given that coronavirus continues to curtail demand. It has juiced shares of companies including Exxon Mobil Corp. and ConocoPhillips after a troubled 2020 for oil-and-gas producers, making energy stocks the best performers on the S&P 500 this year."The market definitely has some momentum," said John Kilduff, partner at Again Capital LLC, a hedge fund that invests in energy derivatives. "WTI is going to be targeting $60, too."Oil is rising against a mixed economic backdrop, with data published Friday suggesting that the labor market faces a long road to recovery. But the stock market continues to power higher, in part because investors expect a new dose of fiscal stimulus and vaccines to goose growth.

[leoneobull] 08/2/2021 06:18

Https://www.worldoil.com/news/2021/2/5/world-s-largest-crude-trader-sees-post-vaccine-euphoria-in-oil-pricesBEEN saying this for a while.

[leoneobull] 08/2/2021 05:31

Brent 60.02. Expect services to pick up as a lagging indicator

[mickinvest] 08/2/2021 00:00

Brent up another 50c and not far off $60, $6 million question is buy here tomorrow or Friday?