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I think it’s helped that Wood Group have also said that guidance is still the same for 2022, which shows that inflation hasn’t affected them too much then
In fact out of PFC, WG. & HTG pfc dropped the least today, can’t grumble at that imo
What’s happened with the sp today isn’t anything pfc specific, HTG and WG. both performed exactly the same. It’s the macro environment and Ukraine/Russia we’ve to thank for this decline in sp recently, nothing more.
It’s almost like half of you don’t even check what’s going on with other companies shares at all, have you not seen the bloodbath across the stock market this last few weeks??
Email Petrofac that question if it concerns you so much… It doesn’t require an rns, so that’ll be the only way to find out, from the horses mouth so to speak
The sold to bought ratio is a load of rubbish, can’t be replied upon one bit. How many times have you bought/sold shares and then looked at the trades later on and seen that it’s come up as a sell when you in fact bought, or visa versa.
But you’re kinda right about the UT including buy/sell orders, which are trades that mm’s have managed to match up with one another
That’s an uncrossing trade
Stop talking nonsense Quetta!
For one, no one agrees with you on here, so get your head out of the clouds on that one.
And “price collapse”?!
What on earth are you taking about??
You clearly know nothing regarding plc’s or anything shares related for that matter.
The mcap of the company pre capital raise was in the region of £540mil
The mcap now currently stands at around £590mil
So how to you consider a £50mil increase in the companies value a price collapse?! Clearly don’t have a clue what you are talking about
All pdmr or bod have to update the market with any changes to their holding either way, regardless of the amount of shares. So no none of the bod or pdmr have reduced/added recently
No need for all this panic imo.
If any member of the bod or pdmr was to buy/sell any shares, the market must be notified no matter how big or small the transaction.
For all other shareholders including ii’s etc they only need notify when their holding reaches, exceeds or falls below a given threshold, which are for example, 5%, 10%, 15%, 20% etc.
Schroders from what I’ve seen across a few shares are pretty good at notifying the market of any changes, even if they haven’t been obliged to do so.
So Schroders in pfc’s case have recently notified the market once their holding dropped from 16.952% to 14.686% (they were required to notify as they fell below 15%) and we’ve had no update since. So this means they are still above 10%.
But the thing that people seem to be forgetting is that there’s several large holders in pfc that own less than 5% of the company that could be selling large chunks without the need to update the market.
Take Vanguard for example, they had almost 12 mil shares in Dec 21, but that’s only 2.34% of the company, they could have easily offloaded 6mil of shares after seeing Schroders had reduced but yet we’d be non the wiser as they don’t need to update the market on this.
So everyone stop panicking, we can only go off the facts, which are what we get notified of in rns’s.
Someone’s buying up heaps of shares at the 1.15 mark which is evident as to why we’re not dropping below that even though there’s been some massive chunky sells throughout the last week. But until whoever is buying them up hits 5% we’ll likely never know who it is.
Have a good weekend all
Hahaha yep that would be the kinda stupid thing I’d do… I need to get help for that
I’m not sure how they could, unless they have a seat in the bod, which I’m not aware that they do but I could be wrong.
Let’s just wait and see where they end up. So long as they still own around the same stake as before their buy in 90p region, I’d not be too worried. If they reduce all the way down to zero, that might make me nervous. We’ll all just have to wait and see
I know a few on here have had theories on when UAE suspension may be lifted, after giving it some thought and reading the rns again which states:
“ADNOC has stated that it recognises the long-standing nature of its relationship with Petrofac and has confirmed that its decision will be reviewed on a periodic basis.”
I’ve come to my own conclusion…
Well “reviewed on a periodic basis” to me in the business world could mean monthly, quarterly, bi-annually or annually, so my guess would be that it is likely to be reviewed again on the anniversary of the suspension, by which point all sfo related fines and case will be wrapped up and dealt with.
Make of this what you will, it’s only my opinion. It will be interesting to see if the suspension is lifted by end of March though. For me that might be the time I may re-evaluate my position in pfc if we’ve no news on that by then though.
GLA
Last time I saw that on this share was when BR were closing their short position. So it could be some shorts totalling less than 0.5% of the company share total being closed
Aw come on… At least round it up to 100k… That’s doing my OCD in
What’s a matter? You not ready to close your short yet and trying to squeeze a couple more pence out of it? Bore off will ya
Very good. Well seen as you’re not invested in fsj but are invested in SEED, keep your nonsense for that bb.
All the best
Well for one, writing a post aimed at ODONNELL who hasn’t posted on here for ages now and only did when he was ramping SEED.
Why don’t you message reply to one of his posts on the SEED bb if you wish to communicate with him :-)
Please don’t encourage that cross ramping fool back onto the fsj bb.
Also be warned anyone reading these subtle cross ramps of the company SEED, these fools are only trying to entice newbies to buy in so that the sp rises to let them exit… Don’t fall for it, leave them holding the baby
is so poor a company that it needs to be cross ramped by the likes of you and ODONNELL on other bb’s to try pump the sp so you can exit at a
It’s a knock on effect of Saipem’s profit warning. All WG & HTG dropping for same reason
Everyone just needs to chill. It’s the macro environmental issues causing uncertainties in the markets, most of my watchlist is red today. Omicron fears are still prominent, news of the reopening of Nightingale hospitals to cope with potential covid surge in the new year hasn’t helped matters.
Just do your research, be confident in your investment decisions and block out the noise.