Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
They now even assess a suppliers IT systems and cyber security before allowed to tender lol so if there were major issues surly it would have been picked up. I know adnoc are very strict . Of course the financial stability of the company was audited especially after the SFO mess. IMHO this will be back to 60s 70s soon enough. #ShortSqueeze #petrofac double your money
What would have been good is if the major holders and directors bought some more shares but I guess they can't now with the trading update in the next two weeks
All short squeeze hashing #petrofac burn the shorts. Is pfc going to go bust? No. Do we have a strong order book yes. Is the future looking good yes... get a twitter account. And start preaching the message
We need to do a short squeeze 20-30million shares buys will burn the dirt bags and shoot this up. That's not a massive amount . Short squeeze we should briadcaste short squeeze everywhere
What the shorters know the big funds know. The big funds monitor all of their investments and when there are dramatic drops phone call to the ceo. The shorters are again taking a massive gamble . This doubles they are in deep deep poo ... guess we will find out soon enough
Majority of the big funds are uk based limited - so they would have to notify. As far as I can see no big holder has decreased their holding. Maybe like wood group it's an acquisition target. Possibility . Few more weeks to go before we find out what's going on.
There is still no major TR1 investor who has sold so far.
Funny still no T1 rns of major shareholders bailing..anyone find that unusual?
Yes gold above 2000 and silver back to almost 24 and yet fres is negative. What is going on ???? When PMs fall fres drops like a brick I do not get it
The other thing is if PFC were in any danager then why are they hiring like crazy. Surely the first thing any company does is puts a freeze on new hires ? Anyone have a view on this ?
Hi Fortissimo, PFC involvement in The TennT project is not similar to the other wind farms in the way that Hitachi energy is supplying the equipment which is manufactured by hitachi and PFC are doing all the service work. So their liability is not similar to Osted and others from the way I have read it. Of Course there is a risk that any big scale project can get canceled or cost can go up but Hitachi is supplying the equipment. Maybe others have a more insightful view apart from the clowns. I don't know how many of the windfarms are still to be built which will be connected to the hitchi equipment in Netherlands and Germany.
Https://www.hitachienergy.com/uk-ie/en/news/press-releases/2023/03/hitachi-energy-and-petrofac-secure-landmark-offshore-wind-agreement-worth-approximately-13-billion-euros
Problem for the shorters is that hitachi are building and supplying the equipment to connect the already exciting wind farms so the chances of it getting canned is much less than they think. That is if they are better on that happening. Read the article carefully and see what hitachi are providing and what pfc are doing. Apparently the next part of the project should be getting announced soon. Do you guys know about that?
Looks like shorts have increased again.. almost 5% up. Looks like they are betting that the wind farm hitachi energy may have issues. But read it is in full flow.
FRES is really annoying. Back in the day this would be up 20% over the course of the week. Nuts.
PMs up like mad and Fres is struggling lol what doesa that tell you ? crazy !! this is what I dont get if PMs drop fres drops like a brick if they shoot up fres hardly moves. does not make sense.
Guys the times wind farm isn't the issue. The German and Dutch wind farm project which pfc win with hitachi energy is in full flow. Trading update is in Dec at some point maybe 12th
PC we really need you to stop responding to these twits please. Plz plz block them. Can we have a poll cob Friday who has blocked them?
PokerChip why is a smart trader like you wasting his time with clowns ? Come on man. Block them. We all agreed here that we would all block these clowns. Please go to your block button and promise to us you will block ???
guys come on. be kind to other investors who want reassurance. i don't think the chap al4x is being negative. you have to remember it has been a massive drop and some people have all their pennies invested in here and enough to make anyone **** their pants. it's just nerves. not everyone can average down and not everyone wants to pile more money in. i think after doing a lot of reseach why the shorters did what they did. the norway wind farm was canned and so was a few us ones due to supply issues. this is why they have piled in here like a bunch of vultures. they also think tennet is at risk which is bs because the dutch and germans are in full flow. if anything pfc might stand a good chance of winning the orsted bid which they dropped out from...maybe
https://oilprice.com/latest-energy-news/world-news/after-us-withdrawal-orsted-pulls-out-of-norway-wind-bidding.html
Guys please block the clowns. I have them all on block so can't see their pathetic messages