Member Info for confluence

I think £2 SP a realistic target 🎯 GLA and Keep it real 😂

Always good to see evidence that this sector is going the right way. Shorters closing and good times ahead 🤞 GLA

“888 said last week Tuesday, meanwhile, that the review is not expected to have any impact on its operations. It is now odds-on for a return to the FTSE 250.”

Hope the shorters put that in their pipe and smoke it. 😂

@Jad, I think you are missing a trick here but Good Luck to you and the shorter. I'm up over 25% here and bullish on this share whatever opines people might have. DYOR as I'm sure you do and take care.

Https://seekingalpha.com/article/4629849-888-holdings-ltd-a-below-the-radar-sports-betting-entry

Here it is again 😜

Https://oilprice.com/Energy/Crude-Oil/Standard-Chartered-All-Time-High-Demand-Will-Push-Oil-To-100.amp.html

Oil will likely rise, PFC should come good 🤞

@DJ, disagree - everything is taking a wallop today and 888 relatively speaking, less so. I have added today. Always seize these opportunities. GLA and DYOR- as I’m sure you do. 😂

Bought some more - never thought i’d see such a low SP so soon..

The drop is quite extreme though - don’t know reason but becoming quite a concern - heading for the auld 60s again, maybe some bad news afoot?

Just re- invested back into this penny share. As per previous posts, have already taken a hit but had planned to take this bus again if SP dropped into the sixties:/seventies range. It literally cannot go any lower ( famous last words) but GLA.

Well here’s hoping but I think we might have already seen that rise factored in?

Yep, steady rise today.

High-quality backlog’: Petrofac predicts turnaround after first-half loss

You pays your money and you take your chance.

“PfC expects five of the remaining eight legacy contracts expected to be completed during the second half of the year or early in 2024, improving the perspective.”

Of course there is risk, but there was nothing new in the results, no nasty surprises - we shall know a lot more in the coming months. DYOR, GLA.

https://www.upstreamonline.com/finance/-high-quality-backlog-petrofac-predicts-turnaround-after-first-half-loss/2-1-1499048

Whatever way you read it, it is at best confusing and at worst, nonsense. Let’s just hope PFC collects what it is owed!

Https://www.thetimes.co.uk/article/888-back-in-saddle-after-two-years-hard-going-bwz60nvx7

Https://x.com/petrofacgroup/status/1691405444378406912?s=46&t=BDh-RvPHZJsbmRERfk4lYw

As expected, no surprises. Slight reduction in debt. Probably a steady enough market reaction?

Https://www.ii.co.uk/analysis-commentary/aviva-backed-new-look-results-loom-ii528820

Apologies if already shared.

Hopefully results good and right time to reinvest. GLA. DYOR and all the rest of it…

Https://www.energyvoice.com/oilandgas/523885/petrofac-backlog-swells-after-strongest-period-for-new-awards-in-many-years/