Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Paul Curtis you are pathetic
"And the shorts have hedged"
No they haven't. Helikon has NOT hedged.
You talking out of Ur azsholee.
Your total philosophy is it must be DE because otherwise shorts can't get out. They can also get out at higher prices and at a loss. How do you not understand that?
It's quite obvious the short exposure is not hedged otherwise no pint for them. Paul yiu are now making up staff as you go. Getting desperate?
Poor soul
StockNor your account is as fake as it gets
You do not appear genuine one bit
Do you work for Helikon by any chance?
If the bro got nothing to worry sounds a little complaisant
Shorts are complainsant here
They have no legal rights to tell you what your limit price is. I've just set limit at 199p for Halifax and iwebshare dealing. No problem.
Yes exactely sm66.
People will believe the FEAR and the HYPE around shorts.
The belief - how can such massive shorts be wrong? - is ingrained deeply.
I KNOW PETROFAC is not Tesla, but the points is shorts were officially OVER 20% short bets against Tesla.
So accoding to most "intelligent" investors and "seasoned" investors here - how could those pros possibly be wrong?
Well they often are wrong - the biggest short is US history was WRONG.
The shorts got it wrong against Homebase - the great Marchall Wace was short again Homebase owen when the Bid come in. The shorts are only right half the time. That's just the way it is.
So back to the point - people listen to fear and hype when it said in the RNS that cash flow turned positive even without the advance payments. When you factor in a resolution to the financing - and payments coming in - the cash situation could potentially change very quickly. That means the upside risk is quite large. So maybe MW calculated that the risk is not worth hanging around. So they left whilst smaller hedge fund bet houses remained.
I can understand I also have a risk as an investor - but I am happy to take it and will hold.
This was part of the December 20th RNS:
Measures taken by management resulted in positive free cash flow in the second half, even in the absence of advance payment receipts, albeit this was offset by an increase of over US$100 million in collateral for guarantees. As a result, net debt at year-end is expected to be modestly higher than at the interim results (30 June 2023: US$584 million).
The Group has continued to maintain liquidity above its financial covenant.
6 figures??
What you on about?
I don't think articles like this are helping
It's also contains info from iag taking over aer Lingus.
Was that in 2015?!
Yes saw it says about oil prices in 2018
It maybe AI generated article?
The article is written 2024 14/1 today
So in that case it's inaccurate?
Goldman - is this buy rating given on a Sunday?
What's the price target?
It's interesting if Golman has gone long on Petrofac
Norwegian investor my AZZ is just Paul Curtis wanna-be trader. Clown.
Read the RNS not the fake news
Hi buttplug - Petrofac is not carllion
Petrofac is oil services company with the best recent green energy awards
It's quite remarkable that the representatives of the shorts here and actually present and begging for an EXIT.
Let that sink in.
Marshall Wace, I assume, is less unprofessional.
These current leeches are actually here - some of them - begging for an EXIT.
NOT SELLING. Keep buying target over £1 per share.
Sorry MW would not have exited if there was RI
Shorts will exit at a higher price
I've explained this to you before but you bury your head in the sand
Paul aka Norwegian
Shorts will exit at a loss
That's how they will exit
If RI was a certainty MW would not have existed.
They did.
StockNor = Paul Curtis
All too visible my man
Try harder
They exit when they have to buy at a higher price - pushing up the price - they will lose much money just like the most shorted US share, Tesla. Shorts were over 20 percent against Tesla - they had to exit AT A LOSS IN BILLIONS $$$$$
Ever heard of Short losing money?
You seem nervous tonight. I recon you can't even sleep today. Sorry for you.
Paul Curtis you are pretty naive.
Petrofac is not going to do a RI for the shorts to exit just because you worry "how could they exit otherwise"?
Your comments do not sound like someone who has 1m worth of bonds. Your comments beggars belief.
There is an RI at the right time if the borad wants it - and shareholders are their concern as well as bond holders.
Not shorts that you are worried about. I find your comments extremelty questionable.
shorts are ****tin themselves
they only short because of herd-mentality.
it's a bit like mainstream media you have to believe the narrative. you know saddam has weapons of mass destruction yeah. you know orange man is bad!
yeah you know petrofac is bankrupt!
that's fake news
real news says guarantees are getting placed contact payments rolling in and balance sheet improving.
The contracts PFC has are too good to ignore
There will be a huge joint venture or a takeover
IMO