London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Shorters are awaiting results???? well maybe that is right but i'm not too sure. where were the shorters when IAG announced £8bn loss? well nowhere because SP rose nearly 10% on the back of those results. All company results announcements this year have resulted in some bizarre reactions. The whole market has been a bit nonsensical to say the least. I really have no idea what the results reaction will be & i don't care too much to be honest as they're forgotten about a couple of weeks later. If the shorts hit this one again, i'll just load up some more & say ta very much!
I think shorts are clearly awaiting results, which we no are not going to be pleasant reading. I think it's got good future potential, but will taking my position after results. Before that you are just buying into someone else's game...
Agree Paddy. Shorters rely on PI's having little or no patience and will sell on a small profit if the PI has been sat on a small loss for some time. So shorter know they can easily buy back to cover their shorts. This will re rate in time and we just need to wait. I'm in for a good while and am expecting this to multi bag so have specifically prioritised this in my ISA envelope. All IMO of course, but this is what I have done and am pretty chilled about the SP. Short term movement is of no real consequence even if I do check multiple times daily. Hard not to!
Cheers AD66. PFC has been a painful ride since the SFO saga started. At 8% (even more than the level that fateful May) the percentage of short positions today is not encouraging - running roughly where it was in October when the sp was around 118. This implies that, for the Hedgefunds, the SFO story and related drop in January hasn't materially changed things and they expect to see it go lower. PFC's recovery from January has been so sluggish - it's never qualified as a bounce for me - that I've taken some profits and held on to just 33%, at a net cost of 60p per share after deducting the profits. I'll only add if there are more tangible indications of a solid base or recovery.
The old sector star could get back to £7, but it is going to need the revenue of the old days and the dividend too..and some better margins than what the sector scrapes out at the moment. 2022 could see better days all round , but 2021..well maybe a start in H2 , if some stronger tenders start to come through I agree, they have a great work force and deserve better ....
& I only buy a share that I have confidence in & at a good price. Surely that is everyone's stance. I'm often bemused when holders of shares lack confidence in their investment. Most on here who deramp are those who have sold with regret or are keen to get in at a low price. No issue with negative commentary if justified as every board should have a balanced view. If I didn't have a belief in this stock I could've sold today for a few grand profit & walked away. This has a lot more legs in it yet!
Aye, I missed out on the big NEX gains due to the vaccine announcement. An unexpected event! Yes it was a bit annoying but I still made a few quid there & it's just how it goes in this game. win some, lose some. I do see some striking similarities though between PFC & NEX. Both had remarkably good fundamentals & good business models & strong management teams. I do believe this could go back to £7 & more quite easily. If SFO thing ended, where would you see the price? not 135 that's for sure! This share was between £10-17 for several years not that long back. £7 is a fairly conservative figure.
Didn't expect such a reception, and hope all are safe and well. Why have I held for so long Aye, Why am i a supporter of PFC? The tax payer paid for my apprenticeship, In the MoD, after many years I became a Higher Professional and Technological Officer. As well as training engineering apprentices. Companies like Weir , PFC, have fantastic skills sets within their companies that can't be just bought and sold. They are acquired after years of experience. I am a firm supporter of UK engineering companies and know from my travels that other countries rate our services very highly. As for the SFO well in most of the World, bribes and incentives have been common practise for many years until the crackdown. There is a saying that you only lose if you sell, I haven't sold, as I see this Company as a long term investment (not just the company but the skills within). The company has been very proactive and its move towards the green energy front with Hydrogen plants. as noted by Lee rex recently. This could indeed be a game changer for the future as we go forward. Not forgetting the Divi's have received.
Paddyboy, Im holding PFC shares @1.15, long term. Your posts has reached an optimism level that you no longer perceive reality. In fact, you're supportive of gold's 5 year holding of shares @ 7£+ till all time low, not only that, but expecting it to get back to 7£ on the long run (3-5) year; the range is too big to expect a sp but you're so confident. Is it a reaction of missing NEX, when i remember you were around there at sp of 1.2£ Yes, I am optimistic about PFC but would still be cautious:)
You beat me to it Speedygun. Aye777, why are you invested here if you don't see the potential? do you have a target price? This share will up & down for sure but i'm pretty certain that in the mid term it wont be anywhere near today's prices.
15 Feb 2021 16:14 Whatamess, found lse a decent platform to share knowledge,did join, bought in at 1.09 too and worth a long term inv.
18 Feb 2021 19:15 You coulve been easily fake newsed somewhere! Im quite optimistic about this share.
23 Feb 2021 14:12 How can you interpret consecutive positive news and decent fundamentals that impacts a sp negatively. Optimistic about the long term but concerned about the conflict we are observing
05 Mar 2021 11:10 You chaps are livin the dream, petrofac stuck, paralysed sp
One way to describe you AYE777 and that is an emotional investor. Share trading is definitely not for you. In 3 weeks you went from bullish to bearish about this stock. You got in at 1.09, right now it's 1.34. So you've made around a 20% gain, what the hell are you complaining about. Sell out, take your profit and invest elsewhere.
I have been in this share for about 5 years now. I am not a short investor here looking for quick profits and moaning when they don't come. If your are then, perhaps another share is for you. I am a supporter of this stock and have been trickle feeding my ill gotten gains into it. So i would like to say thank you to all the 'Shorters' for enabling to keep buying this stock at a discount.
LeeRex, sit on your ar@e & buy dips is the best & most down to earth sensible advice i've heard on any BB for a long time If i'd taken that advice on many of the shares i was in on (Melrose, Barc, Nex Greencore) the list is too long but on all of them if i'd just sat & left them rather than being a twat & jumping in & out of stuff i'd be very rich today!
I apologise for the misinformation regarding the ‘drop’ pre May 2017 SFO announcement. My view, shared by some on here was that shorters had increased prior to RNS releases. I quite agree that they are not the whole story here but when one takes hits to pensions etc based on skilled manipulation it leaves a bad taste. Fortunately I can wait and thank you for your research