Member Info for Cripes

Is that right LILO? “PFC pipeline of jobs intake has shrunk as they are not allowed to take contracts in those 2 important regions.”
I know they have been unsuccessful bidding but understood that was more sentiment than a prohibition?

Never been a great Chartists but I do like the look of this at the mo. Each passing day of the court case with no bad news, oil increasing, just need some new contract RNS please and we are back over the £4 and threatening £5 again. IMO

Wood groups weakness is their debt which may influence their ability to maintain dividend levels. DYOR.

It was funny though.

You did...and BTW shampoo your own crotch!

I’m not sure that he still is? Wasn’t this a Cameron thang?

This one.....https://www.meed.com/contractors-await-adnoc-decision-on-dalma-gas-project/
Any ideas anyone?

What happened to the £1 billion contract reported in MEED and covered previously on this board? Dead in a ditch, or still being negotiated?

...but it is...and they have to get on with it!!

....and anyway, I’m more influenced by the forward order book TBH.

Don’t forget Asfari bought £10 million of shares after the SFO announced the investigation.

I think that at the moment there is proof or evidence then the Guardian will be on it so don’t worry about not hearing owt.

PS. SFO have also interviewed PFC directors some time ago and no action to date. You have to assume that the SFO still think they have a case and can make it stick? Or, they’re keeping the case open on the off chance that something falls out of this case?

PC. That’s how I read it too. They have Lufkin. But that seems not have given the SFO any traction.

LILO. What do they have that is tangible?

Here comes a bounce?

It’s all a bit curious to my mind. We are nearing the weekend so I leave on an optimistic note. Should the cc come to an end then we know what will happen to the SP because we saw it happen last summer. DYOR and GL

Can’t see that PFC are looking for a new range on SP, directors still buying up until very recently around 4.20p
I understand the logic of a bit of a dip but can’t help thinking this dip is overplayed. Nothing changed dramatically with the fundamentals, order book needs to improve but the market is reporting increased activity. PFC have diversified into wind and have acquired interests in the Permian Basin. Media (MEED) reported PFC on the cusp of a £1billion contract award (reported previously on this board) which may fill the gap in TO. General sentiment on oil is down at present but it is not having the same effect on other Cos in the same market as PFC.
Am I missing something?

Wood Group taking a pounding too on lower POO?

Conversely if it’s a slam dunk not guilty why not get the in house legal to deal with it. Far cheaper. Difficult to read either way in my view.