Member Info for Cheapsharesboy

I was thinking more like 200p - 270p.

But I may be overtly optimistic on that target

Mary you here as well?

Seems quite undervalued here too so I'm here as well

Altough I don't post here.

Hedges do not always work.

It appears you insist on believing that shorts cannot lose money.

I leave you to your belief then. Such a belief, like you say, "defies all credibility".

It is like a religion. But I'll leave you to worship your mantra if you so wish.

Best of luck

Paul you live in a fantasy world

The shorts cannot fully hedge such a big gamble

Effectively you are saying that if the share price goes down the shorts make a profit. Then you say that even if the share price goes up they fine because they have hedged.

That's the most ridiculous waffle I've ever heard .

In that situation, do you actually realise that if there is a hedge, the shorts would lose money on the hedge if the share price goes down - this nullifying the short itself.

Also if the share price jumped to 60p on Monday, the would lose huge amounts of money, it is not credible to say that they are long as much as they are short. In that situation they would not make any money with any share price move up or down. That's not a realistic view. That's a Peter pan fantasy world of yours where shorts cannot lose money. How about wake up to the real world. All you need to do is Google "shorts lose billions" - you will find multiples of stories of huge losses. Any hedges they might have would be limited in nature and will not compensate for the losses. So have a little reality check Paul the Peter Pan.

So a negative view has a 6p upside?

Price target 20p?

Haha. That's disingenuous

The upside for longs and holders is 500% or more.

The risk/reward profile is heavily scewed to long-side.

That's obvious.

Sorry Paul but you are so out of touch.

You said "the big shooters have hedged"

I will inform you that big shorters have LEFT.

You can't even get the basics right.

We only have small bet houses left like Helikon and White box etc.

The big boy - Marshall Wace has left.

You are stating incorrect information

That's poor. Please educate yourself before posting such tribe

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