Member Info for bluetigeruk

Last placing was at 2.35 - probably this one too.

Same new shares - 22M - makes around £1/2m of working capital.

Thanks Blue

Keep Plugging

Decent tax losses to use up there - so maybe a larger company that needed to bring its corporation taxes back for the next 4 or 5 years. ???

Just an idea.

Thanks Blue

Thanks for the price update.

My high level point is we are there already.

Urgent delivery is already £3 ++ so just cut 2nd post to 2x a week.

I really dont care if i get letters every 3 or 4 days - in fact 2 x a week would be OK - say Tue and Fri.

Anything really urgent could be upgraded to a Special Delivery for say £3.00.

The days of needing constant postcard and letter drops went with the telephone - and letters with email now WhattsApp for general comms.

If the RM / PO doesnt adapt then it will go the way of Britsih Steel and then Deliveroo and Amazon will cover this service.

Thats my opinion - take the haircut, survive and go on to compete with the modern world.

Thanks Blue

Paul.

It's definitely likely the FD and Corporate Broker went to the largest holders and asked if they had appetite for a placing, or even a rights, or more junk debt. That round can very easily leak out. They have to look at all options on the table. It wouldn't surprise me if that was the snowball that led the fall. Conversely a share placing possibly gets more likely with a stronger price. Less diluted.

I have no real information I can share.

Thanks Blue

No - because an open long written by a CFD / City Index type business - looks like an open short when reported to the market - if it stock covered. So its not that simple.

If you bet me Petrofac will go to £1.00 and i take that bet - but decide to lay off 50% by selling an open short into the market - the market sees an open short - it doesnt see an open long via the bet.

See - its not that simple

Broken - if you like smaller caps etc and like to take part in smaller placings etc then Peel Hunt are a good start.

But if you want to get share tips and swim around in the murkier depths of the market then go for one of the smaller independent brokers - they will manage private client stuff - do little institutional - and they know that you need to make money for them to make money - be clear about risk and size and whats interesting to you - you could have 2 brokers of course - Good Broker and Share Tip Broker. They both have benefits. 80% 20% would work.

Sharefall - the shorters get to know because they pay commission to a person called a broker - he charges them say 1/2 > 1% to give advantage - platform autotrades are cheap - yes - but you will never get the information you receive from a broker - its literally their job to do that.

FInd a broker and test them for few months - see what better information you receive.

Its why you pay them commissions.

Thanks Blue

RedHead - its not how it works.

MM dont buy all of anyones stock - thats not their business, they provide order flow / liquidity - they would get fired buying any massive position - they all have book limits they cant exceed and a risk manager watching positions.

They are given trades buy / sell by dealers - they place the trades in the market and manage the way a block is either bought or sold. Im not talking small auto trades here - i mean in size.

But the broker originates the trade - they have a client Schroders ?? who during a daily chat ring theor broker and say whats going on with Petrofac - chances are the broker opened the position with them - then they get some opinion from the analyst - its probably just public - but may be considered special information - the bonds guys say Petrofac is banging against its banking limits - that hits the equity team - the fund manager looks at his perfomance and thinks crap i dont want these to drag my alpha down - so says to the broker - im interested in bids on 25bars - (millions) to you) - then the broker's dealer rings Schroders dealer and says OK i have a buyer for 4 bars - they haggle the price a bit but broker dealer knows he is a seller so its a bit pointless - then he also says when this hits the price will fall a bit so i will also offload 2 bars into the market - dealer waits for a tick up and then rings the MM - hey make me a price in size please - OK 72 / 76 for 1/4 bar - "go on" 71 / 77 for a bar - "go on" 70 / 78 for 2 bars 68 / 80 for 5 bars - wait a minute - "Schreoders - mate i can get rid of 5 bars for 68 - price is now" "Schroders shouts to fund manager - Rupert - you want to sell 10 bars at 68p ?? - er ?!?!? OK "Schroders - yes sold to you" - "thanks" "I buy 10 bars at 68p in Petrofac" "MM - price any good?" "nearly - i can trade 5 bars at 68.5 / 79.5 if you want the business" "OK" "I sell 5 bars of Petrofac at 68.5p" "MM confirmed - i buy 5 bars at 68.5p"

The MM now probably has a long book - unlesss he was quite short and needed cover - 5M are booked to a client on a put through via the broker and never see the market - broker makes commission + say 10p on 5m shares - nice - probably a bit wide that spread - and then the trade with the MM makes commission and Schroders like the extra 0.5p - makes the broker/dealer look good.

The MM now goes into the screen - adjusts the price down and announces via screen that he is seller.

Dont forget though the market is wise - they see this coming because chances are the dealer has asked a couple of MM for price in size - plus any MM who needs to grab a few will ring the MM and say "i need 1/2 bar at 69.5 p please mate to square up" - the MM are in battle but they also help each other.

Thanks Blue

I worked as a dealer and a broker in the City and you will never beat the information flow between broker > dealer > market maker - its impossible.

The only way to do well out of that loop is to find value and hold it - trading for 1-5 days is for processionals.

Higher Low formed last 10 days - at around 25p - if the next leg up can hit say 45p - 50p before falling back to say 35p - then this is confirmed i suggest. Time to buy and hold for 90p target?

Thanks - Blue

For a pump and dump - someone needs to be there to accept the dump - who would buy heavily at 5p then ?? into a one way door of a tiny £10m business - I wont say it cant happen - i used to work for TC Coombes - if there is anyone out there who knows what that means !?!?!? - so i know how P&D gold plays work.

Thanks Blue

Yes i invested too - but at 15p !!

My opinion -

banks get paid for rolling credit - that's a fact - so the credit will be paid - and then a new credit line made available via a new bond issue - thats how non equity financing works.

Thanks Blue

I think buyout is unlikely - who would want to roll $600m of debt in this rising interest rates environment ? Its a lot to take onto your balance sheet - who would be a likely candidate to fund a takeover ?

Well rolling 600m of debt is easier a 3.x interest rates than at 4.x - its worth 1p on the share price.

Thanks BL

lue

Yes Petrofac is up 8% !!!!

Oh its only a 1p rise ???

Thanks Blue

UKs very own Gamestop - private investors vs professional traders - - we need a telegram group - just that would make a few traders worried - then on a given moment everyone buys between 100 and 1000 shares - see what happens?

Thanks Blue

Calm down - its not even a commercial grade of deposit 0.1% > 0.3% - and its just surface testing - needs to be at least 0.5% > 0.8% at that density to become lower end of commercial - i'm not saying there is not a target probability emerging - but nothing that can be given real value at this time. This needs a lot more results yet. Its not a price mover IMO - thanks Blue

Claiming investors and speculators are guilty of GREED means you are either on the wrong web platform or in the wrong game!!