Positive...they refinanced bond, negative 10.25% ....that does not suggest they are doing that well...tha is huge cost of capital. So I'd say neutral sp impact. I hold tlw...not much but ...so I'm totally neutral
"There is currently an individual contacting US law firms purporting to be Hurricane’s CEO, Antony Maris. The email being used is firstname.lastname@example.org however other similar email addresses may be used. Please note this is a scam. Should you receive contact from an individual purporting to be Antony Maris and are unsure as to its validity, please contact us."
He is indeed a scam of a CEO....the scammer appears to have been more active than the real person. He presides over a scam BOD and scam 2017 CPR, a complete fabrication of a document.
RE: Would Amigo REALLY fall into administration?28 Apr 2021 19:02
Blind, good to see you back posting. Your arguments and analysis always worth listening to. Agree with your posts months ago that top up loans were wrong, but a lot of customers were chancing it. Respect your view this will pass. Bybrool and JPM seem to think so. It was looking bleak in January I must say at 6p
Societe Generale analyst Guillaume Delaby SOONER AND SOFTER baby26 Apr 2021 14:31
He has upgraded PFC twice in April...the first time he had a 107 p SP target, now 167p 19 days later.
7th April "Petrofac upgraded to Hold from Sell at Societe Generale analyst Guillaume Delaby upgraded Petrofac to Hold from Sell with a price target of 107 GBp, down from 136 GBp ahead of the company's fiscal 2020 results. The analyst believes an SFO settlement will come "sooner and be softer" than investors expect".
No silent whispers my side...but nice to see PFC hurtling upwards. Maybe the pen scribblers are reading the SOCGEN note and as they are the house broker (aren't they?) perhaps they have put out word that not far off resolution????
Cracking set of results...kept most, sold some yday, bought them all back already. Great liquidity, nice move into green energy, refinancing no longer an issue, cost savings ahead, etc. Wait for the presentation with analysts.....same happened TLW. Once results out of way, in the coming days, big boys will be buying.