Member Info for Arbitrader75

"Didn't nobody tel u" The most hilarious thing I've seen here in months.

here is UBS on the matter: OPEC/NOPEC restraint, strong demand growth and the prospect of slowing non-OPEC supply growth (ex-US) has seen oil prices recover and rise past our estimated LT incentive price. The rising importance of political risk is actually evidence of stronger underlying fundamentals. Constraints on an important source of new capacity should concern the market but prices have so far focussed on the front of the futures curve. Donald Trump doesn't achieve shit in a real world market.

Well at least you now admit you are spinning bullshit theories, which was exactly my point. I can try to trade at any price I want , so the mm bs irritates me.

thank you, that explains today's move.

Is that Stifel note from today?

This is quite the little move on no news, something brewing in the background?

You know why there is a big spread in stocks like this? It is because of muppets like you that don't have dma but complain all day that they are being ****ed by mm's. Totally totally clueless mate, give it a rest.

no news I can see but 43.98 traded

PFC has once again reached our target price but this time we retain Buy-rating and increase Price Target to 670p (from 600p) due to a positive impression visiting PFC's core Middle East business. While Corporate overhang (SFO) & expansionary strategies (IES, JDS vessel) have de-rated the stock materially in recent years, Petrofac's core E&C business has continued to deliver and stands at the heart of a much more coherent & focused forward strategy, in our view. First, the engineering scale and complexity of projects undertaken by Petrofac was something we actually hadn't fully appreciated until we saw it in person. Second, the position of Petrofac as a top-tier EPC contractor, if not contractor of choice, is clearly true in core markets of Middle East & North Africa. Third, these qualities don't happen quickly or by accident or have been acquired via M&A. PFC has grown organically by building up a track record of delivery & capability through decades of presence in core oil & gas markets which creates key relationships and trust from both NOC and IOC clients. Whatever happens with SFO, this company is carrying on regardless and has a delivery history and capability which sets it apart in core markets. Oil & Gas remains the sector of focus but capabilities within that sector are increasing (Refining). Growth into new sectors is possible through engineering capability and JV-partnering (Offshore wind, Petrochemicals, reimbursable O&M). The same is true for geographical growth. Overall however, we were impressed with a strategy of incremental growth built on a foundation of project delivery excellence. We believe investors can take comfort with that when compared with past PFC growth strategies. We also contrast PFC's strategy & valuation against the "broadening" strategy of Wood Group acquired mainly via M&A. We reiterate our Buy and raise our DCF-based TP to 719p (from 570p) . Management re-affirmed that it is committed to maximising shareholder returns through a combination of financial deleveraging (low capex + asset disposals) and (potentially) further cost-cutting initiatives. We also see scope for consensus upgrades in the short term. Petrofac is now our preferred stock in the sector.

Something's going on

those are off exchange trades dufus, stop spouting all these theories people. Get direct dma or shut it, obviously have no clue.

said to plan pushing for changes

is said to take stake in mcro

Surprisingly no movement or size traded yet, seems like the seller is done for now.

rejected by management

bids drying up

19.50 was hit

" if we start talking about c�45+ offers" yeah don't do that, they will never offer that much, this is not a small biotech.

it traded at 25p, now indicating 20p

this is painful to watch