Member Info for Cripes

What a relief.

MMs trying to suck in PIs at an inflated price; that’s what’s going on.

I picked this up from the Wood Group Board.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1072674/20220430_SoS_to_OG.pdf

Looking at the short term I’m sure there will be periodic profit taking. The guidance released today is underpinned by a return to TO of £4bil. The guidance further makes the point that potential investors want to see the orders in, rather than a market that just supports potential which PFC of late have not fulfilled.

Berenberg research seems to differ from Kinks? Guess they’re not short on this one?

Isn’t it the case that PFC will be the beneficiary of additional work arising from the need to find new oil supplies to replace Russian oil? ADNOC is old news now and, if I’m permitted to say so, might be a market that still relies on buckshee?

Did Samis report predate the Ukraine v Russia conflict?

I agree. Logically time to sell and buy some PFC on current trends.

GRRRRR! RAMBO is with us!

Wind, tumbleweed….

I mean why would you sell if it is a goer?

But please do give us your view on the SP if Glencore, the company with the capital to make this work, sell out?

Luck!!!

Ha! The ten year graph says it all. Who knows when the value of the asset will be realised, if at all, ever. It’s a gamble, you know it, I know it. I made the point that there is SOME news and so the share is spiking. I think that’s evident. Good look everyone!

This share is a dog. But every dog has its day. Enjoy the spike which comes with ANY news.

Rambos here so it’s going to kick off! DYOR

1.8 million shares traded today if that helps.

Oh, and btw, it’s healthier now only because it’s tapped up shareholders and taken expensive loans which will have to be repaid before shareholders see any divi. Smell the coffee!? DYOR

Ten year graph looks healthy! There’s been a declining order book for about that period. Refinancing doesn’t win new business, it might buy them some time perhaps?

It’s now pretty much about the order book and margin. We will know about orders through RNS but not margin until
accounts come out/ trading statements. Will meander until then. It’s a term contract/service provider so expect big movements, both ways. Is it a Carillion or SERCO?