Petrofac Share Discussion Threads

[dipa11] 14/5/2021 16:03

Closing his Shorting

[gozzy88] 14/5/2021 15:54

Where's half penny at these days haha

[dipa11] 14/5/2021 15:41

Good to see a big buying currently Hopefully the shorting will reduce or close very soon Today close above 1.50 will be possible Good luck long time holder And you can help shorter by way of buying as they gives opportunity for buying @ cheaper rate

[eodfire] 14/5/2021 15:10

Hope no one's still short from the £1 area. Ouch.

[warranty] 14/5/2021 11:07

Wonder if the new SFO investigation into Gupta will hasten the closure with PFC due to staff resources?

[cybernest53] 13/5/2021 17:46

@ phugold... At the time dealy made his comment the FTSE was down close to 100 points @ 6,823.60 so yes, "a horrible day" is not an inaccurate categorisation of how the day was developing. Recovered half its losses during late morning and afternoon, with a little cheer from the Dow.

I agree with dealy. PFC has held up well over the last couple of days of a bruising market generally elsewhere. Bodes well!

[phugoid] 13/5/2021 17:10

Horrible day? Whatever for?

[dealy] 13/5/2021 10:14

holding up well.on a horrible day. Good sign

[cybernest53] 12/5/2021 17:49

@ eodfire Yep! :)

Topped up again : 01/04/2021 Bought B936512662 95.25 1,210 1,164.43

I've been an investor in PFC since long before the SFO announcement four years ago... and have been adding on many drops... and no, it's not easy to make money... but one does what one can! ;)

[wardy333] 12/5/2021 17:13

Knew it would break £1.40p was just a matter of time,£1.50p next target.

[eodfire] 12/5/2021 17:07

Making the point that it's easier said than done. Did you manage to buy under £1? What's your average?

[cybernest53] 12/5/2021 16:17

"the idea is to buy when the share price is low and sell when it’s high…"

Marvellous insight eodfire... never thought of it like that! :@:@ :)

[eodfire] 12/5/2021 16:11

Yes, quite. Looks like it was good risk / reward at under a quid. Never feels comfortable to buy when things seem bad but the idea is to buy when the share price is low and sell when it's high...

[secretsqu] 12/5/2021 15:44

HalfWit seems to have gone quiet.:-)

[plunger2] 12/5/2021 09:51

Declared shorts here now under 3%.
Blackrock gone.
Contracts with quality names.
Much much too cheap.

JMHO

[rocketblast] 12/5/2021 09:19

Good to see a clean slate so now PFC can focus on what it does best, win contracts like the BP deal. Looks like a break out and a Rocket move up and away.

[midasx] 12/5/2021 08:50

Exactly, SFO actions have huge implication on peoples livelihoods and financial wellbeing!

They need to put up or shut up, this has gone on for far too long!

[plunger2] 12/5/2021 08:31

My suspicion is that he's ear marked for a big job that we'll hear about later.
Succession looks built in.
High time the SFO had to account for THEIR actions.

[midasx] 12/5/2021 08:13

Change in CFO may be the final piece before the SFO case is dropped?

[eodfire] 11/5/2021 19:14

Sp held up well today considering the wider market.

[mickinvest] 10/5/2021 22:46

Reminds me of Royal Mail share price and chart, unfortunately I bought too high up on that one and bailed way too early. :-(

[stansmith3] 10/5/2021 18:54

but not as good ;)

[cleverinvester] 10/5/2021 17:17

Stan it's good as the share is going one way now .Next stop 1.70