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So boys it's gonna pop in the morning?
I reckon city is getting excited, no?
Is it an actual bid coming in or just the old boring E& buying on the cheap?
Either way will open up but it is sustainable I don't know.
Hopefully something major!
Massive buying probably E& taking on the 20% they said they would. Hopefully mean the bottom is nailed in
But you never know!
Thanks onwards
That's a clear explanation
I cannot see any reason to sell
It remains a huge buy and hold with unlimited bidding pipeline in the works. The future contracts could exceed 30 billion us dollars per year, easily. They just need a partner and a bit of cash to scale up the green energy pipeline. Best of luck all!
From end of day action I would suggest big boys are looking for a sort term uptrend to form. There are many desperate to catch the bottom for a 30-50% gain in 3-4 months trade.
Last year results didn't come till April 27th
Although update was given on Feb 27th to state that the results will come end of April.
This year we don't know when update will come?
I am guessing update end of February?
But possibility remains that it will be later in March?
Hope sooner rather than later
Their stake is around 15%
They'll increase that to 20%
If they'll make a bid - would it be rejected on national security grounds? Or it would get a pass?
Dogge is a paid deramper
5-10p per post
Don't forget eventually he will have to reap the punishment for his little life. No one is immune to consequences. Filter and ignore
Holders sitting tight
Shorts getting nervous
And remember to put your sell orders high enough
Once the MMs need 80m shares they going to have to increase the share price for that to occur
Mine sells orders set at 199p
What happens when suddenly you must buy back 80 million shares???
That's like 10x daily volume
Factor in panic buying
Could be quite interesting
Poorly written article with 99% of the recent developments ignored. Not very insightful
From advfn.
Just the beginning, the more in depth research the more interesting it gets , could get very interesting and it will not be longHence the BOD are not giving a running commentary Asset sale , non controlling stake , bond buyback, extend RCF, joint venture , takeover, mbo , Apollo, Adnoc, UaeYou will know when the RNS lands on how the founder , bod and major shareholders want to play it , I very much doubt they will be giving away their $8bn order backlog , tenneT 8bn contract , $62bn pipeline , the associated cash flow for a D4E or a significant dilution at these levels not in their interest. We will know when the RNS lands :)
When the RNS lands, Butt-Plug will be fxxx by dogger in a eurofil saga.
All that whilst StockNors profits get wiped by a soaring sp. He doesnt' understand why techinicals didn't matter?
Then you have P Curtis crying that his bonds have recovered! How ironic when in fact his investment is recovering - he is only worried as to how on earth the shorts will survive the share price spike.
Happy weekend all!
update soon on new contracts, asset sales, takeover talk etc.
it's looking good.
but the bb has been taken over by pathetic idiots like dogger, kpa and other *******sssss like eurofil etc leeches that get paid 5-10 pence per de-ramp post. low lives.
petrofac will fly soon. here is a reminder.
petrofac and hitachi energy announce
second project in support of tennet’s 2gw programme
second contract award under the six-project, us$14 billion, multi-year framework agreement with tennet petrofac’s portion of the second contract valued at around us$1.4 billion award coincides with confirmation that petrofac has secured the performance guarantee required for the first contract awarded by tennet in march 2023 second contract contains similar industry standard requirement for petrofac to provide a performance guarantee additional contracts within tennet’s 2gw framework agreement expected at approximately six-month intervals
petrofac, a leading provider of services to the global energy industry, and hitachi energy, a global technology leader that is advancing a sustainable future for all, announce today the award of the second project under the us$14 billion, multi-year framework agreement with tennet – the dutch-german transmission system operator – to expand offshore wind capacity in the north sea.
the project is to be executed under a standalone contract, with petrofac’s portion valued at around us$1.4 billion.
the companies will work together to deliver nederwiek 1, a dutch transmission station which forms part of tennet’s landmark 2 gigawatt (2gw) programme, comprising several high-voltage direct current (hvdc) offshore grid connection systems, each with a transmission capacity of 2 gigawatts.
in an initial announcement earlier this year, petrofac and hitachi energy reported the award of the six-project framework agreement. under this landmark agreement, petrofac will undertake the engineering, procurement, construction, and installation (epci) of offshore platforms and elements of the onshore converter stations while hitachi energy will supply its hvdc converter stations, which convert ac to dc power offshore and dc to ac onshore.
since the initial announcement, petrofac’s and hitachi energy’s teams have collaborated closely on the preparatory works, reserving production capacity for multiple platforms and hvdc technology, and initiating the detailed design process for the first platform, the ijmuiden ver alpha.
further to the group’s market update on 4 december, today’s announcement coincides with confirmation that petrofac has secured the performance guarantee required for the ijmuiden ver alpha contract. the group remains in active discussion with credit providers and its clients to secure the guarantees required for other new contracts in its portfolio.
additional projects within the tennet’s 2gw programme are expected to be awarded at approximately six-month intervals. these are the grid c
It is not bs that someone is buying. Get a grip please your posts are getting worse KPA.
On the other hand - why did you save your buys for today?
Potentially very clever as we are appoaching face-the-reality-moment for all of us.
Will be nice to get the RNS to see what progress is going on in the company. Best of luck to all, Cheap
Looks like CMC done incredibly well recently. IG revenue down but CMC up. Looks like they have grabbed market share but also as a small operator are much better placed to outperform. Seems IG has ran into difficulty. Cmc on the other hand just turning a corner..
pc has ****z himself
Jo butt-plug
Petrofac is not carllion you azsholee
I think Marshall Wace has gone long
They looking for Fxxxx the other players
It doesn't make any sense to short a stock near zero
Lesson learned for you
Sell high buy low
Ever heard of that?
Maybe next time