Member Info for Ant1986

The rationale to buy now is pretty strong from a market perspective.

Oil died during covid and so did petrofac. Now the oil price is insane, oilers will be taking stock and will absolutely be looking to deploy capital now, as these prices won't hold and increased production will be vital.

And as for Petrofac, the company has survived for at least two years. Now with everything consigned to the last set of results, it's time to thrive. I think on balance, there is now a lot more upside and down.

I would imagine they would put their prices up a couple of times in 10 years...jesus...

You're into balance sheet/assets then and that changes things again.

Their posting history is quite amusing, calling everything down by huge amounts and triggering holders.

Agree about dogs and Scotland. Go and chat to the neighbours.

Think the commentary in the results is right, energy companies will be building war chests at these prices but they will inevitably need to invest in low carbon, renewables and exploration. That's most likely the backend of this year but tenders will be out now.

$119m debt is nothing and the company has plenty of headroom to operate in a transformational period.

COVID, $20 oil, climate change and Russia have made for a very turbulent market.

This will recover in 1-2 years but the reason for buying now is by the time $300-400m profits start appearing the risk has gone and the price will be 300p plus.

Yeah, remember when the share price was 200p and things were actually worse? And those institutions that stumped up £200m at 115p?

Enjoy your Friday.

The article and recommendation doesn't match. 2022 $200m profit in a company only valued at £500m seems bonkers. 3 times earnings??

All the crap is dealt with, the world is in energy crisis (old and new), bans lifted, renewal of contract (Spirit) as recent as this week.

Almost never been lower.

Superb buy here.

Splitting hairs haha

Low is in now, up we go.

Classic drop to rinse out holders and then this will go up and up.

I've seen results hammer a lot of shares recently, good bad or indifferent.

Apparently has shares at £1.27 and spend quite some time trying to tell others not to buy.

Intellectual clap-trap is usually a positive sign for a share about to rise.

At 185p last week - it was so manipulated down. Back to where it started. Tender probably does come into play here if you fancy 3-5% provided it stays around 220p or more.

Doesn't read that way to me, sounds like the company has cleared out the dross and is fresh to win a lot of business that isn't Russian. 2022 looks good for holders!

https://www.fool.co.uk/2022/03/19/are-rolls-royce-shares-about-to-take-off/

Strong buy at these levels. They make the Typhoon engines, no??

My view is that the TO is a red herring and perhaps was/is a backstop for the MM who took stock on loan.

There is always risk, however, given everything on balance I personally think we're trading 50/60p beneath value fair value. The NAV per share is £2.75.

The current price of £1.88 per share is incredibly cheap given cash, future cash visibility, exploration and asset production.

I cannot find another o&g company valued this low on similar metrics by a long shot.

Is the price Simon Thompson said they structure deals on and build in mechanics to share immediate ups and downs. Take for example the North Sea structure.

Watch when this goes, it will absolutely fly, and before the TO decision.

It's stupidly valued due to an artificial situation caused by tax avoidance. Stonking buy.

Buy!!