Petrofac Takeover Rumours (PFC)

In a takeover you dummy (takeover by stronger player)

By the way, just because the bonds would have to be paid back on a takeover (assuming this is true) it does not present a huge barrier to said takeover because those bonds could be rolled by the company (new bonds in, old bonds out). A takeover by a peer makes a lot of sense, most notably in the form of cost and market synergies. A company with a strong balance sheet would not have Petrofac's current liquidity challenges

Stick but with some risk management My post 2 days ago SP was 26Post 39724 Someone wants in or wants it allAdnoc or Apollo imo JV or a takeover 60-80pNow if the below is true then that is one averaging down mr Asfari who paid 115p for $38M, if the offer comes looks ok in his eyes My view it will hit 20-22 this week next Monday all to be revealed and the new contracts but that is just a guess. It also continues to be in discussion with prospective investors and certain major shareholders in relation to potential further investment in the Company and remains in negotiations with prospective purchasers regarding the sale of non-core assets

So you think the Company will either go bust, or shares be reduced in value to 4p. Thanks for the information. You really don't have to keep repeating yourself, we get it. Whatever your entry point was for your short position (assuming it was above the current sp) you have done well. From here you stand to gain a maximum 24p times the number of shares you have sold. If you are wrong in your reading of the situation, and there are moves afoot to restructure the company, whether by takeover or other means, the share price will technically have no upper limit, and you will have to close your position or continue to incur losses. From where do you think the shares you have borrowed came from?

Research McDermott and how the bond holders fair versus equity in the end Tullow and the bond repurchase research the structure and outcomeWe dont know if the new potential investors and main shareholders participate and asset is sold Then the D4E is ? Think it will significantly higher than the 4p stated on here over the months IF . But that is my opinion Joint venture , Hostile takeover cannot be ruled out imo

Someone wants in or wants it allAdnoc or Apollo imo JV or a takeover 60-80pNow if the below is true then that is one averaging down mr Asfari who paid 115p for $38M, if the offer comes looks ok in his eyes My view it will hit 20-22 this week next Monday all to be revealed and the new contracts but that is just a guess. It also continues to be in discussion with prospective investors and certain major shareholders in relation to potential further investment in the Company and remains in negotiations with prospective purchasers regarding the sale of non-core assets,

halfpenny3 Apr '24 - 17:55 - They must be a Target Takeover at these levels. Just now a question of Time !! Many Suitors have been Circulating so when will they make a move?? Halfwit changed his tune again!! BORN LIAR

Miena I'm watching the bond price for any indication of takeover activity, control of the bonds is likely to be far more critical than control of the equity. At present the shareprice is highly volatile and therefore difficult to read. For me, any significant activity in the bonds could support a T/O theory. That said I think it's unlikely at present - any potential bidder will want to avoid restructuring costs. Certainly getting interesting though....

Kepler update 11th April They say that they understand that a D4E option is gaining momentum and that more that 50% of the nominal value would be converted. They think this includes the bank loans (RCF/TL) so would be $600m plus c. $260m. And they reckon significant means over 50% D4E. They are Reduce with 20p price target. A Buy case would be led by a takeover. My words - no one can judge value until we know the D4E price

Armbar The difference is that it was odd for the share price to go up 13% in the middle of a restructuring that was likely to include significant dilution. Perhaps the FCA wanted clarification that no imminent takeover. Perhaps the FCA did ask why down 10% and PFC simply said the reason (possible dilutive restructuring) is already in the market. The FCA are looking for unjustified price movements Anyway we are going round in circles. Good luck.

No I do not agree, It clearly states All options remain under consideration, AllSignificant could imo be 30% + so you can work out the math on a D4E or a private equity placement using similar percentages with further bod and ayman contributionsThen calculate a valuation with assumptions on the discounted cash flow , or enterprise value and compare and contrast all the calcs, $8bn backlog. Someone wants in either partially or wants it all and that is what that RNS was for , that is just my opinion But lets see takeover or JV

========================================================================================= Hades1 (the Burning Man) posted exactly the same comment on the Currys message board,immediately before all the takeover rumours that he posted, went splat !! ========================================================================================= hades1 - 12 Apr '24 - 21:22 - 39636 of 39640 "Shorts prematurely closing or an incoming low ball offer"

This is not over, more twists and turns to come imoAs I have stated for some time someone will want the discounted cash flow $8bn , 60bn pipleine , the technology and expertise in the ground breaking renewable sector , CCUS, Hydrogen, Wind, Scalable in global demand, Intrinsic to Uae and in country valueQuestion is how do they get it as cheap as possible Try to force a default , but that is illegal, hostile takeover, restructure,The major shareholders Asfari , BOD et al will be trying to find the solution that works for them as shareholders, takeover , JV, private equity raise. Etc This seems like tactical play imo , this RNS, and sure the main parties are watching it unfold , like I said a while ago it will not be pretty Middle East all day ,Shorts can reduce , if hostile they can add , someone will be hoovering , job is done now all about how and how much imo

Sure Ayman Asfari 85M shares and et al BOD, Azvalor will be doing their best to secure an outcome Reason its in their interest Extend facilities Non controlling stake JVTakeover Equity Private placement What I would be looking for , Requesting lenders to release part of the collateral , would unlock the doorsGL

Ssshhhh!!! Don't tell anyone But Takeover likely... Future Brighter...get-in while you can!!

Caveat is this is my opinion 11.2% plus of Hedge funds disagree DYOR PFC not out of the woodsPlus if any takeover is in play it will not be pretty, acquirer will want it somehow as cheap as possible and all tactics dirty or clean will be an option

Very positive as Takeover becomes more likely at these levels with Mega Deals and Asset sales in the pipeline. 45-54 Target RNS expected soon.

Do one thing research a valuation based on discounted cash flow DCF for a company with an $8bn backlog Take the lowest estimation you will be very surprised imo JV , Takeover Adnoc imo , why , Uae in country value, technology , expertise , resource, 9000 employees , scalable wind , hydrogen and CCUS in demand globally , the 60bn pipeline, in house capability PFC provides to an Adnoc, vertical and horizontal integration GL

MEED reporting contracts upstream project Algeria circa 1bn, today Bahrain Awali project NagPFC received the guarantee for Habshan not reported Feels like PFC IR are trying to keep a lid on the price for some reason Maybe to deliver in one update statement but why wait , maybe someone not finished building their stake yet. Schroders 30M, shorts 60M gone to ?JV/Takeover looms imo

RNS soon get ready 45-54p target.. Higher with Takeover more likely Suitors are Circulating at these levels.

Normally shorters are used for takeover. Because they wants price to be lower so they can buys @ cheaper rate. Plus spreading negative news to cover shares from the market. Please note that Shorting is around 11.23% as on today's. Schroders reduce stake but no one came forward with stake holder it is a really surprising. I don't think retailers are not going to buys this much outstanding shares from market. This month update will be shorting squeeze. DYOR. Good night

They must be a Target Takeover at these levels. Just now a question of Time !! Many Suitors have been Circulating so when will they make a move??

Armbar "You would then explore ME contacts , banks, adnoc , Apollo who were keen on Wood for short term cash , question is in return for ? maybe the non controlling stake , And how much is needed after the above , then what happens if a JV , takeover, or thoughts of an mbo appears with a view to integrating into adnoc or even private to eventually IPO, is that more appealing than a D4E at 5p" What makes you think they havent exhausted all those other avenues already???

Conversely it may not be as bad as some suggest Time will tell if they can close out legacy contracts , sale of some assets , then if this active discussions in a non controlling stake helps solves the short term challenge.Clearly other options equity , what level depends on the above , D4E same again, extend terms or new credit lines , and then usual blue birds of joint venture , mbo, takeover , options may apply Now the major shareholders who are also stakeholders but not all stakeholders are shareholders for clarity , will want what is in their interest , question how viable are those options ? how they rank in order of preference ? What level of influence can the BOD , founder, major shareholders have on the outcome ? GL

Exploring non core asset sale x millions In active discussions on a non controlling stake meaning ? Cash injection for shares ? Profit split ? Share swap ? Private deal ? Apollo or ME Legacy closure contracts x millions Extend or a new credit line provider Joint venture MBO could acquire at a deep discount Takeover Equity raise at what level and for how much ?Debt for equity last on the list imo Probably a combination of some of the above excl MBO, Takeover as you are either in or out Now those 60M plus declared short position and the 30M schroders shares, who has them ? It is not all with retail imo. GL

I do not disagree , short term requirement could be solved many ways , legacy contracts , non core asset sales, a non controlling stake can be achieved in various ways, refinancing or extending debt , bonds back like a Tullow at a deep discount , renegotiate with creditors , new creditor , issue equity at what level how much is needed and to who , could be a D4E at what level is required after all the above explored, a joint venture, a takeover at these levels is a possibility.My point is as major shareholders the BOD, founder et al, what can they influence , what solution equals their interest first or the most value , as you can see there are a few which could offer value.Why when I hear D4E is a definite , or administration , nothing is decided we will know when we know, but they have options, which ones are in play we do not know ? April or as appropriate

The 100M for TenneT will come into the life of the contract Habshan expected by year end2nd TennaT received Since we had BP, total and a 200M contract Solid day,price action tells you a storyMany options at play as stated many times , closing legacy contacts, Extend facilities , new credit provider , JV, exploring some asset sales, non controlling stake, rto , mbo , takeover , equity raise small large who knows but think who has the most to lose and what influence do they have on the outcome BOD, founder et al so what benefits them first will be top of the list or will they just throw it away as some suggest on here , the discounted cash flow on $8bn is What would you chose , the one which gives the major shareholders the most value GL

"Interesting when you say impossible takeover , not impossible at all, how do you think other mergers and acquisitions happen, someone could offer 60p circa 313M plus RCF you have PFC for under 580M " Nope cos they also have to repay the bond which has a change of control clause. So they need to find another $600m on top. They probably also need to fund working capital. Why on earth would someone pay all that for a barely profitable business with a terrible track record? Nothing is impossible so I accept I should use "highly unlikely" instead. Perhaps your trading strategy is to buy bombed out shares in the hope of a miracle. Lots of people do that. If so then good luck. You can also buy a scratch card down the local shop. Odds probably better.

Jak , Just to clarify this is what I said after three months of being removed from the MSCI You really do pick certain pieces of the messaging to suit your agenda , although what you post can be informative and challenge , think your ego inhibits you on your learning , confirmation bias , but that is just my opinion. So to be clear here is what I said , let’s see in 8 weeks Jak where we are. Dont be fooled , MSCI dyor research on previous quarters on ones omitted So research November 23 deletions most have barely moved, eg ZYT, NEXS, some radical swings both ways give you an example PDG takeover , Fireangel , RBG So just another way to try and spread a bit of fear does not make as bigger impact as you may think but DYORBut wish you well , anything can happen and it more than likely will all arrive at once.

Alternative view Asset saleClosing legacy contracts Agree RCF Contract award Discussions non controlling stake Joint Venture Takeover RTOEquity raise , at these levels ? D4E is last option imo Any of the above could land , remember who are the major shareholders , what is in their interest , and in country value UAE, wind, hydrogen, carbon capture solutions in demand globally

Looks like someone may be closing The BOD carry on , business as usual, nothing to report until Asset saleNon controlling stake Refinancing Joint ventureTakeover Contract award Equity raise not convinced D4E def not convinced last option Feels like BOD are in no rush , bonds 2.5years away GL

Dont be fooled , MSCI dyor research on previous quarters on ones omitted So research November 23 deletions most have barely moved, eg ZYT, NEXS, some radical swings both ways give you an example PDG takeover , Fireangel , RBG So just another way to try and spread a bit of fear does not make as bigger impact as you may think but DYOR

WellButPoor agreed an update would be welcomed and will add further on newsPFC did not sound like they were in any rush on the conference call , no running commentary , calm and measured, bright futureHave a feeling a contract may land before the update , still think being played Uae optionality Extend RCF, consider Non core asset sales , advance payments , legacy closure contracts , bonds not due for 2.5years, with backlog , cash flown, future pipeline , right now short term ish requirements imo one of these four joint venture , takeover, mbo, rto All very possible at these levels don’t expect over 100p more 60-80p range for TO, MBO, RTO imo but need majority votes Got Adnoc written all over this Uae ICV

All takeover targets on the cheap. Corrupt country.

From today’s FT for those people who still don’t understand why Petrofac is NOT a takeover target: Could change of control covenants put a drag on M&A? https://www.ft.com/content/cf8966ac-a3b8-4282-8046-a74b6bb03376

Just the beginning, the more in depth research the more interesting it gets , could get very interesting and it will not be longHence the BOD are not giving a running commentary Asset sale , non controlling stake , bond buyback, extend RCF, joint venture , takeover, mbo , Apollo, Adnoc, UaeYou will know when the RNS lands on how the founder , bod and major shareholders want to play it , I very much doubt they will be giving away their $8bn order backlog , tenneT 8bn contract , $62bn pipeline , the associated cash flow for a D4E or a significant dilution at these levels not in their interest. We will know when the RNS lands :)

As stated before an mbo is a definite possibility bonds could be assumed or refinanced at a lower rate based on DCF 8Bn :)Asfari and Azvalor own more than 30% but to get a low ball offer through need majority stake and votes , now a danger is MBO consortium offer as per the takeover code would pay the highest price they have paid in the last 12 months , but need votes to secure and a majority stakeSomeone is accumulating , for this reason maybe , maybe notIf Asfari, BOD, Azvalor , maybe Hambro roll over into new co they need remaining 65%340Million shares 80p 270M, 60p 204MShort term debt 250M Bonds refinanced on DCF $8bn :) could IPO 25/26 for $$ and repurchase bondsDebt free with a order backlog Bns , imagine the cash flow , plus newco with global demand for their solutions all for 500-600M This is a danger if your average is under 60-80p but 100%+ instantly on SP could happen even on a low ball.

An mbo is a possibility and yes the bonds could be repurchased , at a deep discount , dyor research on bond buy backs on M&AA company could re purchase before the maturity date to remove the liability off the balance sheet, and re issueA company can also assume the debt or refinance the bonds in an merger acquisition So it is not black and white like some suggest here Still think 1 Joint venture Andoc2 Takeover adnoc 3 Apollo Asset type loan against PFC portfolio and re issue bonds RCF4 MBO 2 or 4 then IPO in 2025/26 for $$$ with multi billion order book and backlog no debt The expected cash flow for 2024 on 8000 million is :) and then for 2025 :)Have a look at Tullow :)

Schroders reduce approximately 5% plus shorting is around 11.5%.So far no one has came forward with stake holders and BOD are unable to buy shares @ lower price maybe due to insider information. I am just waiting for RNS either contact win or takeover. In both case share price move up for sure. DYOR.Good morning and good luck.

Confirmation biasLeave it with you no point in the debate , as you clearly do not appreciate that bonds can be refinanced , debt can be assumed, or that a non controlling stake JV is an option , or a Nav loan , or a takeover could be a possibility or that even a ME co could provide short term liquidity No more responses from me to you GL

Like the slowest short squeeze ever :)Just want some news to break for fireworks Refinancing and asset sale JVTakeoverMaterial contract award Then shorts will have to cover at market price 60M shares can you imagine be like VW Happy to let it grind higher until the time arrives , BOD seemed unperturbed on the call 20th DecGL

Agree on the low side but someone and I believe its adnoc want this and want it cheap , now whether is a straight takeover , JV or via an MBO and BOD , Asfari, and Azvalor rollover into newco then IPO 2 years for $$$Asset sale 75M ebitda sold to x for x90M and RCF due OctBonds not due till Nov 26 can be refinanced Either way could be taken out even with paying oct debt minus asset sale circa 500M circa 100p MBO less cost only need 350M shares as they own over 70% Varying methods no doubt they will find the cheapest option now one issue could be MBO , offer price is highest price last 12months the MBO paid but they will need votes unless just keep buying till they have the majority vote.

Analysts Target 45-54p maybe very soon. BLUE SKY this week. When RNS will have a Rapid Rise even beyond 70p and Higher 150p if a Takeover in place. Brighter Future Ahead...Blue Sky...

Joint venture Adnoc or ApolloTakeover AdnocRefinancing with Apollo the special situation fund with asset sale and non controlling stake 8bn backlog , 62bn pipeline even hit rate of 1 in 5 , another $12bn , discounted cash flow is.Or maybe the co founder , BOD , major shareholders could fold the company, D4E it or dilutive it to death at these levels not at 80 because that makes sense and is in their interest to do so , and they probably got no contacts in the Middle East who has any cash

The person, persons block buying clearly do not think so GLAwait news of several contracts Saudi Aramco, Andoc , or financial update renegotiation of RCF, Bonds,Asset sale, JV Adnoc , takeover Adnoc or NAV loan ApolloIn country value , intrinsic to Uae, Adnoc

Lets see Monday if an update lands, if not slowly take it up by all means before hand even better then uodateFinance sorted Asset saleJoint VentureMBOOrTakeover by Adnoc logistics and services Have a good weekend all

Conversely financed sortedAsset soldJV Takeover Price goes to ?

Analysts raise price with 45-54 target. Some even say 100p with takeover so all to gain for. Another Blue day and week ahead...

Option 1Asfari and Azvalor who own 30percent plus , purchase the remaining shares 340M at highest price they paid last 12months but they need votes. Buy the remaining 380M shares at 80p £300M, 60p £230MillionSell non core IES $75Ebitda pm304’for multiple 1’or 2x remaining debt into offerCheap to acquire $8bn backlog , 9000 staff, leading tech in wind and hydrogen and his baby Petrofac. Re refinance the bonds due Nov 2026 by then 8Bn revenue 2023 , likely 8bn revenue 2024, IPO 2026!on the ADX Abu Dhabi exchange newco company with huge backlog in ME for what valuation ? Have you seen recent IPO valuations , it would pay for itself and someone is accumulating here making it even cheaper for someone OrReverse takeover Asfari Venterra and relist same as above

PFC, so what value are we talking about and How Soon? Some say over 100p plus on takeover with many Suitors interested !! Future getting Hotter and Brighter.

No covenants broken. Legacy payments being received at record rates. Shorts are excessive and will HAVE to close Order book is HUGE and rising all the time. Cash in the city is becoming easier to obtain. Guarantees are being received. Potential asset sale could bring in £ MILLIONS JV partners are lining up to deal with PFC Takeover predators are circling. BOD have reiterated they have "Shareholders Interests as a priority" But we have a few wannabe twats (Like jaknife) who think by proclaiming doom is acceptable to try and scare retail investors. PFC = STRONG BUY

Agree and now the Shorter's Run for them Hills as the BULLS TAKEOVER. 45-54 soon

bc49 Jan '24 - 10:42 - 36808 of 36820 Try this instead as these are facts that can be verified. Order book of tens of BILLIONS Takeover suitors circling. JV partners lining up Legacy payments being collected Cash liquidity improving on a daily basis Non core assets sales could raise many hundreds of Millions £ Lots of cheap cash about especially Middle east. PFC very active Middle East Banks keen to be involved with class companies like Tenet, Hitachi, PFC etc Bond price is flying higher on a daily basis BOD have stated they have Shareholders interests first and foremost No Large holders have sold. Price being driven by shorts. Are these FACTS? Can you show me who the suitors are? Which banks are keen? cash liquidity improving, how do you know that? JV being lined up. Can you prove these statements? I doubt it!

whites123 - 03 Jan 2024 - 11:02:23 - 36451 of 3680 Try this instead as these are facts that can be verified. Order book of tens of BILLIONS Takeover suitors circling. JV partners lining up Legacy payments being collected Cash liquidity improving on a daily basis Non core assets sales could raise many hundreds of Millions £ Lots of cheap cash about especially Middle east. PFC very active Middle East Banks keen to be involved with class companies like Tenet, Hitachi, PFC etc Bond price is flying higher on a daily basis BOD have stated they have Shareholders interests first and foremost No Large holders have sold. Price being driven by shorts. Are these FACTS? Can you show me who the suitors are? Which banks are keen? cash liquidity improving, how do you know that? JV being lined up. Can you prove these statements? I doubt it!

There are no "bidders circling"! *IF* a bidder came in now then they would have to repay the bonds and the bank debt at par ($600m and $252m respectively) because both contain a "Change of Control" clause that requires the debt to be repaid at par in the event of a takeover (ie a "change of control"). Add on the equity at the current $188m (£148m) market cap and a bidder would have to pay a total of $1,040m ... for a company that's forecast to lose money in 2024!

No one is going to takeover this rubbish with the debt that is hanging over it and losses on most of the contracts it takes on Lights off is more likely than any takeover ... WAKE UP!

Think the 62billion will hopefully help The $8bn backlog then 2024 probably another $8bn so hopefully $16bn plus may help solve the challenge maybe even $20bn in total let’s see , lot of cash 16000 million Although Adnoc Masdar or Apollo takeover or JV just as likely as equity raise They would have raised at 80 as they would have known still think this has been played

Jacknife you lieing twat. Dress things up to read as factual but its just supposition on your side to bolster your short position. You lie like a cheap watch and have NEVER EVER been right in your projections. You write as though you are an authority on financing big business but you are actually a two bit faceless shite. PFC are a massive employer with massive resources of expertise and massive contracts. The BOD are regulated to provide the truth, you are unregulated but attempt to frighten retail investors. PFC: Massive multi BILLION $ contracts JV? Takeover Legacy payments coming in Guarantees obtained HUGE Partners Regulated announcements You: Prick Twat Wannabe I know who I trust and I guess there would be many retail investors who read your diatribe who would want a word in your shell like

Fortunately, with such deep roots in the Mena region and a delivery-focused culture, we’re well-placed to succeed.Sure you are Elie Lahoud COO EC PFC , sure Petrofac are Today we have Petrofac expands with BP Africa multi million contract Last month Petrofac secure 3year contract with Total Under the deal, Petrofac will provide engineering, procurement, construction and commissioning (EPCC) services across all of TotalEnergies’ UK continental shelf (UKCS) assets. ALLTennet 1 guarantee and order for Tennet 2 1.4Bn 20th Dec Adnoc Habshan one agreed We await Adnoc pipeline and upper zakum decisions both circa 3bn Could be a fun week Still believe Adnoc Masdar Takeover Joint venture or Apollo Takeover Nav loan Middle East the winner In country value GL

Petrofac share price has been played Adnoc Masdar takeover or joint venture OrApollo Takeover - Net Asset Loan Nav reduce debt using existing portfolio Depends on who wants most but Adnoc Masdar wins based on Uae in country value imo all about the UAE

Yes, takeover I reckon. Too much stakebuilding, for too long.

LOL... Shorts will still have to close and anyone going short should be crapping themselves worrying what the next announcement will be. JV Takeover Funding secured on excellent terms Legacy payments New contracts Further guarantees BOD have shareholders interests at the forefront. No Big holders have sold. Yep, shorters need to be scared.. Very scared... In the meantime we have loads of wannabe twats like topaz who have no interest either short or long just busy pumping ready to dump other stocks...

Meanwhile ... Foxtons keeps shooting upwards Takeover might well be on the cards at £1+

Ha ha just watch the rise as BULLS TAKEOVER and Shorters run for them hills.

whites1233 Jan '24 - 11:02 - 36451 of 36462 Takeover suitors circling. JV partners lining up Same question? bc43 Jan '24 - 11:12 - 36452 of 36462 Facts? Show facts where suitors are circling and JV being lined up!

topazfrenzy3 Jan '24 - 09:54 - 36439 of 36440 0 0 0 While this continues to sink into the abyss FOXT which I tipped yesterday is soaring and will continue to do so DEC also soared yesterday, it's taking a breather today before it continues its journey to 3000 PUMP AND DUMPS by Topaz: Does anyone take any notice of this fool? DEC is in serious trouble and FOXT is illiquid and well overpriced and being pumped across forums. PFC with assets, Billions of £ contracts, takeover suitors circling is the one to be in for HUGE gains. PFC = STRONG BUY.

Shorts increasing and to be brutally honest I love it. Short term blips were always going to happen. The shorts know how easy it is to create fear and especially when the stock has such a huge retail holding. Addition of shorts actually allows them to close out larger positions as well as we all know as stop loss triggers accentuate any drops. One sniff of news and it will be similar to a couple of weeks ago, massive rises in a day. No covenants broken. JV in the offing. Potential takeover target Legacy payments being collected. Guarantees being obtained. Asset sale potential. Plenty of cheap cash available Swelling order books. I for one am very very happy with my holding here. Maths says its a no brainer with many multiples of todays SP being obtainable easily. Short term the shorts scare private sellers which fuels any drop. Oh yes... BOD have shareholders interests as well as their own at the forefront.

Desperation again from the likes of Jacknife. The only person posting here who has been wrong every single time about PFC. No covenants broken. Improving cash. Legacy payments being collected. Sector investments available at great rates. NO NEED for equity reduction. Bond price flying higher Takeover possible JV possible What price was your short taken out at twatknife ? Desperation is so clear to see... What a knob !!!!!

Old fake rumours back again lol read group RNS . 1. bank loans not due until end of 2024 subject to extendable 2. Bonds but due until 2026 3. Bond covenant in orders 4. Bank guarantees have been issued for new contracts 5. back collection is due in January 2024 6. non core assets in progress for sale 450m 7. North Sea assets valued close to billion 8. PFC in takeover list according to Forbes 9. Growth 2.5 billion 2022 , 8 billion 2023 , 62 billion 2024 10. Reasons shorters are worried

Its when the hedge funds start competing it gets fun to watch They know at anytime an RNS could drop and they need shares Sale of PM304 and 6000 vesselIES division non core Cash injection Joint venture with Masdar Adnoc Takeover at these levels is a possible outcome NAV loan by ApolloExtend the finance facilities Tick tock

PFC Value is estimated 150-250p plus as a Takeover Price. But can be even higher..

PFC ONE OF THE TOP rated for Takeover by many Analysts/Bankers and FORBES. Interesting next week as Suitors gather for PFC... Future Brighter for all.

Next week looking Strong for PFC. Analysts/Bankers and Chartist indicate Below 50p is a prime value for a Takeover ... Expect fireworks next week as Rally continues towards 50-75p and Beyond. Happy NY Ahead for PFC and Investors..

Analysts/Bankers abd Chartist indicate Below 40p or 75p is a prime value for a Takeover ... Expect fireworks next week as Rally continues towards 50-75p and Beyond. Happy NY Ahead for PFC and Investors..

Agreebeen saying for a while after sell non core for cash , further cash injection either by a JV with adnoc apollo on EC or Tennet deal maybe a non controlling stake profit split Buy back the debt at a discount No brainer OrNAV Loan Apollo and buy backButThese levels takeover could easily happen$8bn backlog , probably $8bn 2024Tennet alone worth 8.4Bn to PFCDon’t need to raise or could just secure additional facility like Seatrium yesterday Good luck

PFC will have no need to tap up shareholders at all. There may be no need for dilutionary effects. PFC are recovering legacy payments, they are receiving guarantees and lets remember something mega important here. They have broken no covenants at all and are cash generative. The coffers are swelling day by day. Im not implying that a bolster to cash wouldn't be good, but they are doing what every company should do in that they are working and receiving payments. The shorts will still be holding the positions open, and its not until sustained rises risk breaking their profit points will they actually buy back. This will create a sustained rise IMO all the way back up to 80p and then beyond. With cheap cash awash in the sector it will not be long before PFC gets takeover approaches and/or JV propositions. Easy money to be made with PFC. Happy Days.

PFC now towards BLUE at the End of Year. 50p marked as next level upwards. Always good to have had a Breather yesyerday before the next Rally EoY. Expect a Dramatic Rally Today & Next Week as 2024 puts PFC in High Demand Brokers and Traders should now see PFC as a Strong Buy for 2024. Many should Buy EoY so they don't lose out and they will get the Rewards they Deserve. Analysts/Bankers expect PFC a Takeover Target 150-250p plus as Suitors Circle. Happy Days Ahead...

So yesterday Seatrium an oil gas services company refinances 400M with an ESG element Today Institutional investor EIG has entered into definitive agreements to acquire for $390 million Brazil-based oil and gas services company ocyanThink about what Petrofac has $8bn backlog 2023 very likely $8bn 2024$16bn imagine the cash flow do a DCF Tennet contact is worth 8.4Bn alone to PFC , Pipeline of $62bn Non core asset sale , allows due diligence and remove non core then either a joint venture Adnoc or a takeover Question is how much is that worth

Every single day that passes where PFC finish up on the day makes it more inevitable that shorts will be forced to close out. Ignore the twats and cnuts that inhabit this forum pretending they have accounts, I am talking about Hedge funds etc who will have shorts open. Many are still in handsome profit especially if they opened at lets say 80p... But close yesterday at 40p tomorrow at 45p next week at 50p etc etc and their potential profit is eroded. I guess many of these short holders are and were hoping for a rise and immediate fall but what they didnt take into account is the fact we are not all idiots (Geko and topaz are excused from that claim), and we can see that the SP really should be many times what it currently is. Forbes and more all predict PFC is a takeover target and banks and fresh cash will be lining up to lend money on favourable terms. PFC is highly oversold and a market correction has not begun yet. PFC = STRONG STRONG MEGA STRONG BUY..

Petrofac is in takeover list https://www.forbes.com/sites/investor/2023/03/15/uk-companies-are-ripe-for-takeoverheres-10-on-my-list/?sh=5bbfc8f64888

Lodge go long Tennet alone is worth 8.4Bn 6 systems x 1.4Bn, They plan to build 20 systems Adnoc landmark carbon captureFirst one of many orders received for Habshan 62bn pipeline upper zakum decision due and othersSeatrium a marine contractor today secured a refinance of 400m facility in this space upstream Asfari Azvalor schroders ii will not want dilution own over 45 percent Takeover or joint venture adnoc

PFC ...Expect that Many Analysts/Bankers and Chartists agree PFC is a strong takeover target for 2024. Q. When and for How Much? 150-250p plus. Some say early Jan or even next week for 150-250p plus. PFC Suitors are Circulating with some expected Analysts/Bankers missing New Year to get a deal asap. Thats the way M&A works the Deal comes first with a nice Bonus to follow for those involved. Otherwise 50-75p early Jan as Orders and Demand for PFC grow. Expect rally start from next week. PFC Re-Rating expected by Analysts/Bankers start of JAN only days away... Happy days in New Year. Be Patient as RNS expected soon..

Reminder....so you dont miss out! Follow the Facts see Forbes!! Expect that Many Analysts/Bankers and Chartists agree PFC is a strong takeover target for 2024. Q. When and for How Much? Some say early Jan or even next week for 150-250p plus. PFC Suitors are Circulating with some expected Analysts/Bankers missing Xmas and New Year to get a deal asap. Thats the way M&A works the Deal comes first with a nice Bonus to follow for those involved. Otherwise 50-75p early Jan as Orders and Demand for PFC grow. Expect rally start from next week. PFC Re-Rating expected by Analysts/Bankers start of JAN only days away... Happy days in New Year. WoW!!

Just right time , right place, innovation, in the renewable space where huge growth, demand and future potential globally is 00s Bn , Bit like being first mover of a major market change This has been played a beauty for a TO at a considerable cheaper price than it should be imo If Tenet 2 landed 1.4Bn and we were at 80 we would be 120-150, then total framework agreement , if upper kazum lands 3Bn easy into 2xx with a 62bn pipeline , Someone need to pay 250Now likely enterprise value 700M 130p and they assume the debt re finance and use tax methods and profits tennet x 6 1.4Bn per system contract equalling $8.4Bn to easily pay for takeover , rest is free and the other 50bn pipeline No brainer

How much is a 6 x 2GW system contract with Tennet worth to someone at 1.4billion per system $8.4Bn alone for this contractIf you read the RNS it states Tennet aim to build 40gw by 2030 for german and dutchThat is 20 systems that equates to Petrofac if this rolls over 20systems x 1.4billion, 28billion Read the RNS with Hitachi and TenneTSo we need a partner JV like Adnoc excludes Habshan rolling contract , various other billion dollar projects in the pipeline , now consider the discounted cash flow Question is , is it a JV profit split 20/80 Tennet contract adnoc OrTakeover , how much is this worth to someone

Reminder....so you dont miss out! Follow the Facts see Forbes!! Expect that Many Analysts/Bankers and Chartists agree PFC is a strong takeover target for 2024. Q. When and for How Much? Some say early Jan or even next week for 150-250p plus. PFC Suitors are Circulating with some expected Analysts/Bankers missing Xmas and New Year to get a deal asap. Thats the way M&A works the Deal comes first with a nice Bonus to follow for those involved. Otherwise 50-75p early Jan as Orders and Demand for PFC grow. Expect rally start from next week. PFC Re-Rating expected by Analysts/Bankers start of JAN only days away... Happy days in New Year. WoW!!

Not the only option topaz Sell non core JV non controlling stake Adnoc ? Maybe E&C or for Hitachi contract , profit split for a cash injection Repurchase bonds at deep discount refinance Nav loan Apollo Takeover eyes will be on PFC at these levels 8bn backlog 62bn pipeline imagine discounted cash flow,Offer EV700M with assumed debt refinanced on the balance sheet Adnoc Due some news on other projects upper zakum, hasban 2 , etc Major shareholders wont want dilution Asfari £27M at 115p last raise Just an opinion

Or maybe they cant but would love too Joint venture Takeover

Why on earth sell any even if you are in profit. As sure as eggs are eggs this stock has another 200% gains in it with ease. If a takeover is tabled, if a sale of assets is announced, if favorable backing comes along, if more huge contracts are announced then this flies even higher than that. And that isnt taking into account that shorts need to close out on an ever increasing sp. Anyone selling please do tell me where I can be certain of bagging multiples of my cash, because as far as I can see there are no other stocks currently offering a guaranteed multiple of sp rise. So if you have sold then why not tell us where the next big riser is, or go chase multiples if you can.. :-)

There is NO.. Absolutely 100% certain "NO" certainty that there will be any shape or form of restructuring. NONE whatsoever. No covenants broken, cash coming in, guarantees being given and improving cash balance every single day that passes. If it were not for the concerted efforts of shorts (Funds etc) then the sp would be north of £1.00 with ease based on the latest contract wins. To use a twats analogy.. Look at the bonds and the confidence they have as the bond price rises daily, or course the twat i refer to uses bond analogy only when they are going down. 1 sale of non crucial assets and they will be rolling in it. One JV and they will be rolling in it... But all the time there is huge chance it may be target of a takeover bid. Shorts are wrong and so is anyone suggesting that a funding is inevitable. Aint gonna happen..

PFC Breaking out above 40p plus. Get Ready Now Brokers filling their boots before year end and ready for 2024 Takeover 150-200p Happy Days Ahead be Patient..

maybe a joint venture profit split with Adnoc on E&C or just the tennet x 6 contracts would make sense cash injection , adnoc doing a few JV recently No dilution not sure Asfari who put 27million at 115p the founder and Azvalor , schroders will want dilution Wait for Barenberg to reinstate significant upside and the likes of peel now saying hold at 40p probably now building Sniff of a guarantee , project update , JV ot Takeover with this short position will fly , patience is required all tricks and favours will be pulled out JV back to 80pTakeover who knows 8bn backlog and 62bn pipeline

Good move as PFC potential is high with near term 50-75p plus. Takeover will be a Game Changer 150-250p

Get Ready Now Brokers filling their boots before year end and ready for 2024 Takeover 150-200p Happy Days Ahead be Patient..

Now Brokers filling their boots before year end and ready for 2024 Takeover 150-200p Happy Days Ahead be Patient..

Brokers filling their boots before year end and ready for 2024 Takeover 150-200p Happy Days Ahead be Patient..

BREAKING: Lead Chartist expects 50-75p to be tested before the we get next Rally towards 100p PFC 50p the next level to be tested on current Fundamentals and RNS's. NOW PFC is more likely as a Target Q1 2024 Expect that Many Analysts/Bankers and Chartists agree PFC is a strong takeover target for 2024. Q. When and for How Much? Some say early Jan or even next week for 150-250p plus. PFC Suitors are Circulating with some expected Analysts/Bankers missing Xmas and New Year to get a deal asap. Thats the way M&A works the Deal comes first with a nice Bonus to follow for those involved. Otherwise 50-75p early Jan as Orders and Demand for PFC grow. Expect rally start from next week. PFC Re-Rating expected by Analysts/Bankers start of JAN only days away... Happy days in New Year.

FORBES....Takeover Targets 2024 include PFC.. "U.K. takeovers. Yes please. This is about to kick off any minute. You name it, it’ll be under the microscope for a takeover." PETROFAC is a Strong Takeover Target with many Suitors Circulating....WoW!!

Reminder....so you dont miss out! Follow the Facts see Forbes!! Expect that Many Analysts/Bankers and Chartists agree PFC is a strong takeover target for 2024. Q. When and for How Much? Some say early Jan or even next week for 150-250p plus. PFC Suitors are Circulating with some expected Analysts/Bankers missing Xmas and New Year to get a deal asap. Thats the way M&A works the Deal comes first with a nice Bonus to follow for those involved. Otherwise 50-75p early Jan as Orders and Demand for PFC grow. Expect rally start from next week. PFC Re-Rating expected by Analysts/Bankers start of JAN only days away... Happy days in New Year.

FORBES....Takeover Targets 2024 include PFC.. "U.K. takeovers. Yes please. This is about to kick off any minute. You name it, it’ll be under the microscope for a takeover." PETROFAC is a Strong Takeover Target with many Suitors Circulating....WoW!! https://www.forbes.com/sites/investor/2023/03/15/uk-companies-are-ripe-for-takeoverheres-10-on-my-list/?sh=5bbfc8f64888

Dont be Wet Wet Wet!! Focus on FACTS not Fiction... PFC with Analyst/Bankers reviews 50-75p QTR 1. Future getting brighter and Takeover more likely with value 150-250p plus..

Expect that Many Analysts/Bankers and Chartists agree PFC is a strong takeover target for 2024. Q. When and for How Much? Some say early Jan or even next week for 150-250p plus. PFC Suitors are Circulating with some expected Analysts/Bankers missing Xmas and New Year to get a deal asap. Thats the way M&A works the Deal comes first with a nice Bonus to follow for those involved. Otherwise 50-75p early Jan as Orders and Demand for PFC grow. Expect rally start from next week. PFC Re-Rating expected by Analysts/Bankers start of JAN only days away... Happy days in New Year.