Member Info for bewareshadows

Not a bad finish to the day. I think this will strengthen more if oil manages to sustain this level for a few months. I'm not sure pfc can gain a huge amount from brief fluctuations in the oil price, but higher sustained levels will drip down to oil support services, building revenues.

Yep huge fall back against both euro and dollar. But oil prices didn't shift it much more than for a few hours yesterday morning. If it did rise it would be a bit of a false rise.

In out shake it all about. Who knows what they are doing? They could have reduced months ago for a better return. I don't worry about the shorts any more. Still a weird day for the PFC shareprice.

Well said poker. I like the forums as you get that diversity of opinion which may highlight elements you had not considered before. Its down to the individual to weigh up that information and if adding blanked out swear words or trying to undermine someone else's opinion adds or takes away from that view point. In the end I feel that nothing that is said here will influence market makers or institutions who will really control the price and direction, so it will not impact the SP. But it may help other private investors reach a more balanced view point on their investment. For me if you can't highlight both a benefit and a risk of holding a company, then either it is an emotional investment or someone who is hoping to push an agenda to benefit themselves.

Today is all about the oil price for me. Another reduction in US oil stocks. If you chart the rise late in the day today you can also map that across to the sudden upsurge in the oil price. For me the question is how high can oil go and how will PFC track that? Without an RNS about either contracts or company performance then I think this share will ebb and flow with the oil price. I'm fine with that as I still reckon I'll end up above my average even if the SP drops a little. But over a few years I can see this returning to a more reasonable level.

Oil up and the pound dropping. It's making steady progress but it seems gone are the days of a 4-5% swing during the trading day. I'm surprised that the shorters are still holding after such a long time. Most could have cashed in during the 400's and whilst I can see this moving about a range even if oil was to fall to $60 from $72 I'm not sure it would push PFC much below 500p. Personally I think a few more contracts are required to support the share at this price if Oil falls. I don't have the knowledge or the ability to hedge but it would seem if Oil is high then a slip back in the POO would also cause PFC to slip back too.

When you say run free shares I assume you mean take profit when you have improved your investment by 100%. Therefore any remaining shares are effectively free. If you can double an investment great. I'm far better at halving my capital than I am at doubling it.

Yes trading in a tight range but with the dollar and oil falling in the last few days, even standing still is a good result.

More importantly they have made improvements to a plastic eating enzyme. Hey we can all use plastic straws again. Yeah

Wonder if the sanctions the USA is looking to slap on Russian oligarchs will have an impact? Could it also make signing new Russian contracts tricky from both sides of the equation?

No storm and no shorters. Check for yourself no significant short positions. https://shorttracker.co.uk At 13 trades a day it would be obvious if someone shorted 5% of the stock. Oil is at a high position yet still no twitch on this share price. Debt and cash positions will be key for this SP to rise.

I would not be overly concerned, they are betting down others are betting up. At the moment those betting on an increase in SP are winning. Also the advantage of betting on a price rise is that you can hold for far longer than they can short. Probably explains some of the stagnation in the SP, but also don't discount that some people will hedge both sides. So they could be long on their investment but hedging against a fall in the SP due to the high price of oil at the moment. It will limit their gains if the SP rises but if they are already in profit from the rise in the 400s they won't care too much. DYOR, set your targets, sit back and relax. The lack of discussion on the BB to me indicates that a few people are in a pretty good position.

Russia does not want to go toe to toe with the west in Syria any more than the west wants to fight Russia. Russia has no access to Syria except through nato allies so their supply lines would be curtailed very quickly. The west avoided Russian military on purpose to avoid escalation. Russia could cut gas and oil supplies to Europe as means of retaliation, but it won't hit the UK, USA and will only have limited effects on France. Whilst hitting their own income and alienating more local countries. Syria is a mess and I can't see any simple way to resolve it as there are too many fingers in the pie and its not always clear who is fighting who.

For me the strikes targeted and limited in size and time. Basically they are over. Its a warning to the government there to not use chemical weapons. The west want to keep countries they can impact under certain rules of combat. But its not a regime change intervention. So overall we are looking at a warning which IMHO should not hit the price of oil. Oil is already high and the dividend is built in, so for me it's a hold until news on debt reduction or increased revenues. Obviously if SFO drop the case then add 200p to the sp.

It's all a matter of perspective. With a time frame for a week of less (basically trading) then I think you will be more cautious. If you are investing for a year then I think there is still decent money to be made, but probably a slower climb than the last month. Investing over a year then this would hold no fear for me.

I know people don't like or rate broker ratings, but this sp it in the region of most broker ratings so again it may hold some people or institutions back a little bit from investing more without another RNS.

This has rocketed 100 - 150p in one month It was bound to pause to catch its breath. So a bit of profit taking and a pause before dividend day is to be expected.

Bit of a draw back in oil and no news. So not surprising.

I don't buy the premise that people will invest for the Dividend. The dividend is 4% ish. If you buy today and sell on ex-dividend day, this could have increased or decreased 10-15% in that time. Also all things being equal if you buy the day before and sell on ex-dividend day you make no money. The price of the share will drop by the equivalent of the dividend. It's not free money it's built into the SP.

Profit is always worth taking so well worth taking if you have other uses for the money. For me my investment in this is now in a place where I am happy to leave it and take the dividend. For long term investment I have to consider what are the chances of me losing my total investment for PFC I think that is very low. Can they maintain the dividend, well I'm currently on a 4% yield and I think with debt reducing they will maintain or increase that dividend. In 5 years hopefully the SOF will have passed and this company will be back were it should be so aiming for a possible long term yield of 10%. Can't get 10% in a bank account and probably never will. PFC on the whole seems a well run and robust company. Sure I'll trade it a little when the SP is bouncing around as it's always good to reduce your average, but on the whole I'm hoping for a hold into my pension in 20 years. At that point who knows what the yield would be on the initial investment.