Member Info for Cripes

Is it the Unaoil case today?

The Beetles have split up too.

Agree wholeheartedly with Stockdale. If they PFC weren’t diversifying into renewables why would you remain a shareholder?

The consensus seems to be that the cost of SFO outcome is costed in to current SP. I did read on this board that there may be a major contract award in the pipeline and I agree that this will I’m sure boost the SP.
I still see sentiment improving this side of ex div. but DYOR

Hoping to see a slow rise to ex div day now.
GLA

It would be good to see Directors investing their dividends next week, Friday, given the relatively low SP.

Now google January’s.

Predictive text spat spat out ore bitcoins rather than predictions! Ha!

......but as with all of these ore bitcoins they are all probably right if you wait long enough.
In January I think HSBC called it around 600. Couple of weeks later with no change in techs or fundamentals they reevaluate the data that was available when they called 600 and move to 380, or thereabouts. Go figure!

Google it. They made the same call in Feb.

That was in February 2019 I think you will find.

Fx pundits on Bloomberg this am calling dollar 1.15 v sterling ahead of Brexit. Good for dividend.

Or IIs loading up?
We note you are still here and not short?

I found this report useful in the context of the marketplace generally. 175 less providers.

http://www.haynesboone.com/-/media/files/energy_bankruptcy_reports/oilfield_services_bankruptcy_tracker.ashx?la=en&hash=2BE6456FA3C1725E6C3588DE59C001602CD646DE

I also liked this.

https://www.petrofac.com/en-gb/investors/net-debt-and-liquidity/

It paints a good picture to me of a company that has weathered the storm and one which has its financial house in order and is therefore well positioned to take advantage of the opportunities in the marketplace.

GLA

Go short, or go home!!!

Shame on you bonum. Just go short if that’s your view....

What’s new to the upside:
Bloomberg today reports that Halliburton say that the worst of oil field pricing is over.
POO futures up with Brent over 73$.
Old news is ex div this week.
GLA

DT - you’ve got that right! While they publicly condemn Petrofac privately the world will continue to turn as it always has. I’m messaging from Egypt BTW and I can assure all that the culture remains the same. As they say the river will keep flowing. >Brokers who have short interests I’m sure will down grade.
One thing we know with PFC is volatility is assured and we will all be right in the medium term.

Why does it matter to you if you’re out?

Can’t see the Iraqi thing having too much influence on PFC as the Wood Group is off as much, if not more, as PFC today. I’m back in on the basis that I did not expect an entry level this low for a while. Ex div next week. Could do with a positive RNS though.
Who is to say longs out this morning and shorts out this afternoon and we end the day back where we started!

GLA