Petrofac Share Discussion Threads

[sbb1x] 14/2/2021 20:35

BofA Global Research says the oil consumption to pick up by 5.3 MBPD in 2021, 2.8 MBPD in 2022, 1.4 MBPD in 2023.BofA estimates the global oil demand today at around 92-93 MBPD, still 7 million below 2019 levels.#OOTT #Oil

[sbb1x] 14/2/2021 20:35

OIL DEMAND MAY RISE 9M B/D IN 3 YRS, FASTEST SINCE '70S: BOFA#OOTT

[twixy] 14/2/2021 13:59

In my opinion, Glencore are the masters of frustrating the regulatory authorities: They are under investigation in the U.S., U.K. and Switzerland, amongst others. During this period, the Old Guard have all slipped away or about to. For the tens of millions this costs in lawyers fees, they are probably saving hundreds of millions.I think you are right...

[wardy333] 14/2/2021 13:19

plunger.. The best bit of that report is this bit...............
Why would any company with deep pockets bother to cooperate with any SFO investigation from now on? Companies already have to jump through hoops to even be considered for a deferred prosecution agreement, which entails turning over all their evidence so the SFO can go after individuals. If this judgment has taught large companies anything, it is to dig in and fight.”

[dealy] 14/2/2021 11:34

If the crime was committed in UAE why are British authorities involved? (rhetorical question)

[twixy] 14/2/2021 11:06

Pure speculation; with Unaoil being a Monaco registered business, Lufkin could have suggested the evidence against him was illegally gained. If jail time was on the agenda, worth a punt.

[wardy333] 14/2/2021 09:00

Quite funny how the conviction was plastered everywhere and sentencing would of been all over the papers the same, not a word to be found as to why sentencing has been delayed , adds up to one thing to me, the SFO case is a non starter, evidence is all null and void due to the Supreme Court ruling.

[stansmith3] 13/2/2021 21:25

cielos is likely an avatar of Master RSImaturo is definitely one, one that has been used on this board to egg on Master RSI poststruly despicableif you have an issue with / dent this master rsi, i am happy to jointly approach advfn with you about it

[cielos] 13/2/2021 20:23

Do we have someone LYING... on - oakville -?

A shorter, a liar and what else, shameful

[dealy] 13/2/2021 16:56

Many of these boutique hedge funds maint short positions in "event driven" stocks like this so they can say to their clients that they are actively looking to profit from such situations. The higher fees for Long /Short funds means that investors in these funds expect the managers to short companies that have potential regulatory risks. If the stock drops due to such regulatory events the hedge fund can boast about its laser focus skills. If the stock surges the hedge fund will cover and not refer to it in any presentactions. This possibly explains why some funds chose to maintain short positions even when the valuation becomes very low and te risk/reward seems to be unattractive

[currencytrader1] 13/2/2021 15:46

Shorts increased last week

[dealy] 13/2/2021 10:40

apologies, I confused Cape View with Rye Bay. Both Waspy, White Supremacist names. So we have not had any significant drop in the short position by all parties, yet the share price is 20% off the low

[sbb1x] 13/2/2021 00:02

Brent near 63$ I can see pfc getting a lot more work. Big upside here. Turn off the noise and wait.

[cybernest53] 12/2/2021 20:54

PFC's share price has held up well this week, despite Cape View Capital increasing their short to 0.77%. Good volumes too, mostly in favour of buys!

I have to say though the adjournment of the sentencing of Lufkin... and complete lack of any explanation (as far as I can see) is mystifying! It'll all come out in the wash, I guess.

I was hoping for a bigger dip today, to buy some more... but I missed it. let's see where we are next week! GLA 👍 (No, not you shorters!! 🙄😁)

[dealy] 12/2/2021 19:44

but they have still reduced substantially

[twixy] 12/2/2021 18:56

Cape View increased their short position yesterday:hTTps://www.shorttracker.co.uk/company/GB00B0H2K534/It will be interesting to see how it all plays out.

[leoneobull] 12/2/2021 17:25

NEWSFLASH. PFC LET OFF SFO CASE. SENTENCED TO 10 MINS STANDING BEHIND THE BIKE SHED

[leoneobull] 12/2/2021 17:24

Oakville, I was expecting 75p for a top up, AFC to your shorter predictions. Good job I retained then...

[w1lbur01] 12/2/2021 17:23

News Monday

[wardy333] 12/2/2021 16:52

Be a good week here next Week, shorts will be history.

[mickinvest] 12/2/2021 15:38

There is the Petrofac chart for January, as you can see, fantasy boy must have bought on the drop around 14th-15th january if it was £1.30 and the price never went above that to be shortable at any price he mentioned.