The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Deffo - we need the finished ideally 72p. It is just ridiculous how this drop this low with nothing to show for it!!!
Good morning to all!
PFC is no longer in the list of the Top 10 most shorted stocks in UK - about time!!
I should think GLG might try to close out soon. Qube is probably trying to get new positions.
Hi Sm66 - you are welcome. It has updated now, so I think I checked after you.
Yes, agree - to be honest my friend, these complete DH's had more than plenty of opportunity. They can still manage their losses, but if they keep testing the limits, some of the might find themselves with a trading book.
Some shorters went against the Tech sector recently and lost combined $18bn dollars. Good job on them - nice bonus coming their way... lol
Sm66 - 3 of them improved their price BUT I just read the current >0.5%, which is 3.41% - which is a reduction as at today.
So from what I can see is that, they did not anticipate the BULLISH pattern and run of the last 2 days'.
Perhaps these new positions are to off-set previous lower positions, which can result in % increase as they bet higher price/ higher stake, and then they off-set small chucks of losses or position reduction with the gains - IF THEY ARE LUCKY TO GET IT RIGHT.
A big fat unfortunate for them is that the price is now slipping away at every attempt they are trying to manage their losses.
Now - just imagine if the corporates start buying along with the directors of PFC.... We are very likely to see a range of high 80s or even touch 90p range just like that!!
Good evening to all buyers/ holders!
Nice one Maverick - good intel, hoping it gets there today!!
Greats comms and posts everyone - thank you.
Amazing news.
I noticed PFC are mentioned in many articles and well resected sites too!!
Haha! Yes I agree speedygon - they can do one!
I think they have covered themselves with to a long position, so that's the other way they can get out of the short position (losses) is to leverage on the long (BUY) direction and probably have a break even around £1 ish (depending on how much weighting they apply).
They will need to start to close off short losses in order to bet gain on the long. After that they can just go long like us, to make the money in favour of the market sentiment.
The 3.53% is just for those above 0.5%. PFC had c. 11% so the 7-8% have been closing from what I could gather.
I don't think the shorts with more than 0.5% are declaring per the time-line because they want to make it look like something is wrong with PFC and they know something no one else does. Also, there are those below the 0.5% who I am sure are closing off and going long, cause the demand to surge in SP.
Also, it could be just that they are not being prioritised over the real market buyers and getting LEFT BEHIND!!
There we go 75p, a day after I said it would but good either way!
That's right DarkKnight - I was always thinking the same.
Also, was expecting the 70p range this week, going to high 70p and in to 80s next week.
In the past two weeks and particularly last week was the first time I saw the BUY recommendation take over the SELL or HOLD quicker than the SELL vs. the BUY; something that was happening more often than we had anticipated or many of us expected.
This simply means the BUYERS' confidence/ investors' confidence out-beats that of the holders and especially sellers. Although we will get (some) sellers in the 70p range, it is my believe that we will start to see our HOLDERS back in the game, adding to our long-term-holders, and the cycle to exponentially grow thereafter.
And therefore, in short - we should expect the demand for PFC to start to normalise to it's true minimum value - well over the £1 mark and with sudden RNS in favour, we could just see the £1.50 just like that, within weeks.
I have said a lot of PFC investor relation communication not long-ago, and the RNS coming out lately and the quality of comms to us is a confidence builder. I believe that is reflected by the latest market-sentiment and and upward movement of SP.
Looking forward to a good week ahead.
Okay, I had to respond to you to say, your ending is so dumb but funny too.
How can something that is of white 'colour' (quotes as white and black not official colours apparently), and ALSO be transparent.
But, yes we identified him and he told us to BUY more, so looks like your man 'SOLD' you out!! lol
Good weekend to BUYERS/ HOLDERS!!.
Just wait till the FULL market sentiment kicks in - that's when we will see this 'stock fly' to it's real potential and value.
PFC said there is another 1.5bn award pending this year (non TenneT) from what I remember so we are in good stead for £1.80 to £2.00 this year, if not MORE based on other easy factors - II's in to wipe out shorts!!
Agreed, BTreacy!!
It should have never gone down to where we were. There will be many who like the 5p-10p gain, but that's NORMAL healthy supply and demand. If this happened all the time, we would be £2.50 by now!!
73 to 75p is very likely based on momentum by EoD.
However, we must remember that as long as those **ts are still in, they will do everything they can to slow things down. If the II's come in now, then we are on to 90p plus and possibly £1 easily...
The Times headline on article refers to old news. It's a pathetic newspaper anyway, just like some...
This looks like the Thai Oil work - looks like this one is trying to spin it to look like more than what it is!!
PFC already said all this yesterday and that they are finishing off the work.
Catching up on posts (sorry to re-post).
BUT I have to re-comment on this for all those that were talking S about what is really going on with PFC.
PFC should have been £1.20 on the day of TenneT 13bn euros deal, but certain individuals tried to stop it. We would be £1.50 right now, and that is WHY the analysts put medium of £1.80 to £2.00 plus, because that is PFC true average value right NOW!!
I am pretty sure they (shorters and their corrupt friends) are super worried now!! I have been thinking this for several weeks now, that the way PFC are building up the work and release of news/ RNS has been a strategic one - it will hurt them badly soon.
I still feel like there is a major work/ works coming from Middle-East. Don't ask me why I think this, but it's based on everything I have read and the sentiment I have gathered from everyone and everything!!
Good weekend all.
100% Dark_Knight.
The sentiment is a clear sign and I was expecting this. We must remember that when this stock just drops for no reason, that is not free-market, that is a handful corrupting the prices. This stock has been upgraded with significant value, and it's still fighting though.
Just imagine the domino effect it will have if one of those shorters (Millenium) cuts out now on their gain and the sudden spike up causes massive upside on long!!
If a PE firm comes in soon, PFC won't give in for less than £4-5 per share most likely based on future earning. The value of company now is well around the £1.80 to £2.10 (medium) as at today based on what we know to date, if it wasn't for the 'market abuse' on this stock.
This is something we should keep in mind because it's our money and the value is not being allowed to be realised!!