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PFC will either get a share of the big deals in the next few years, or they won't. And in the end this is the determining factor. Can PFC play with the big boys without brown envelopes changing hands. That question will be answered. And the yes/no answer will drive the price. Everything else, the shorters, the daily increases, the daily falls - all on the back of rumours, feelings and so on - are nothing but distractions. I am invested. I still have trouble believing that the price is lower that it was before the skies were clear- before the fine - before the lifting of the ban - yet lower it is. My hope is that this is a seriously undervalued company and their mid-term future is bright. But only time - rather than the daily guesses of posters here - is going to tell us the truth.
It is just depressing. I don't buy into the doomsday stuff - but I never imagined I'd be sitting here with a SP unable to even hold over 85p. The shorts have increased over the last week - there is total silence on large awards - we have the public update later this month. It really is a sorry state of affairs. I need to convince myself to simply stop looking and see where it is a year from now. But it is so hard when so much money has been lost already. I won't sell - but I am no longer confident enough to top up either.
I 'm not hyping, I just don't buy into the doomsday stuff. And this type of drop is just nonsensical (as depressing as it may seem).. I'd be interested to know if this was utilised by short positions offloading when given the chance.
I think it is becoming clear PFC are finding it tougher going than they had anticipated. I think it also becoming clear those that saw 'blue skies' were mistaken. I don't believe it is 'bust' - but I think it will be a long haul and expectations should be lowered.
I am neither big or small on the hopes of recovery, but yours is a seriously misplaced analysis. Streaming services seek USPs and horizontal growth in an extremely competitive increasingly difficult market. Entrance into bricks and mortar *could* provide many unique opportunities for a buyer - giving them many windows of opportunity they do not currently have. I am not saying a buyer is there - I am simply saying that to suggest that there is 'no commercial sense' in a streaming service purchasing CINE seems to me to be extremely narrow thinking.
I am now thoroughly convinced that there is no sense at all in how these things work.
From being an investigated - about to be fined - shunned - banned - and restricted company - to one that has all shackles off - operating in a market that will surely boom - and now picking up £100m+ contracts - has seen barely 10% added to its sp....
On a day it strikes a big deal.. the SP actually ends up dropping again.
I am living in the twilight zone. All I can do is have patience and try to enjoy the ride.
Offshore Decommissioning Market Set To Experience Revolutionary Growth Till 2029
https://menafn.com/1104636873/Offshore-Decommissioning-Market-Set-To-Experience-Revolutionary-Growth-Till-2029
I have done this too - although my average is lower than yours. It has been a nasty ride - and it is far from over. False dawns have come and gone and here we are at this horrible level again. Depressing for everyone holding . I think those holding just need to close their eyes and ignore this for a few months. Things will be okay - but not yet.
Learnt a lot while here. Most important not to take any notice of most of what is said. There is an eerie correlation between people saying things here - and the market reacting in a completely opposite way.
Perhaps stupidly, I have a lot of eggs in the PFC basket. I say that only because wisdom suggests you shouldn't have a lot of your eggs in any one basket. But I do so because I believe that over the mid term (2-3 years) these shares will do relatively well. Not today or tomorrow. Perhaps we will see more inexplicable downward slides. But I think that the business is solid now - the past is the past - and hopefully larger orders will begin to surface later in the year.
The share price is dealing on empty. There is no news and this creates both confidence bubbles that take it up - and negative ones that take it down - but none of this is real.
All that matters is the order book. They've only just been readmitted into some markets. Others are in flux because of Russia. Everything is waiting. So it simply comes down to whether you believe PFC's skillset will be in demand or not. I believe it will.
In the meantime my suggestion will be to ignore those either pretending that this share will be £10 by this time next week - and those who write it off. Stop looking at the fluctuations and wait to see where it is in Jan 2023..
I think I have made my own feelings clear. I think this is a damn cheap stock to buy. Recovery will take a while though - and people shouldn't expect instant turnaround. Even if PFC pull in some big deals, we will see resistance to it flying high. There will be an underlying concern (risk) that they will be winning contracts by being overly aggressive fiscally. So yes - I think we will see some uplift as they win contracts - but will only see the real deal when investors become convinced they are turning healthy profits on them. I see the sky as really clear - but its all out there on the horizon. That's my take.
I don't trust anyone. The PFC SP has been battered for years. It sits where it does now because of that. It spins up on empty news that offers theoretical potential and then drifts downwards again . The SP is not performing well because everyone is talking about PFC all the time but it isn't connected to orders or profits. This makes people nervous. It is all meaningless and all about unsupported nerves. This is about a single indicator - new business. If we are right (which I hope) and PFC are a solid business, with their troubles behind them - then the pipeline will fill, orders will come in, profits will rise and people will begin to realise how undervalued the stock is. Or it won't come in and the company will drift. Given everything, I remain confident. Not for today or tomorrow - but over the mid term. I wouldn't sell now no matter how rocky it gets. It isn't foolish dreams - I see no reason at all why the price today should be close to the price before the fine was known and paid and before the opening of the markets. We should all have more confidence now. But whilst it is insane - without the large orders it will remain understandable insanity. Which is nowt (IMHO) to worry about.
Quetta. I get you are a troll and for some reason you think these posts are clever or funny. Truth is though there is a war on. A conflict nobody here knew was going to happen. People are dying. Families that had homes a week ago have been split, a million people have become refugees.
As for your central thesis - it is obviously false. If you really believed as this SP shortly returned to 150+ that it was destined to return to 100 - then there are ways you could have made money from it. In fact, you could have rescued all the money you claim you have lost and more. Which means either you didn't believe it yourself or you never lost anything in the first place.
I do not care either way. But you trolling by piggybacking over a conflict that is costing lives is something this board can well do without.
I believe you are a full on troll and an annoyance.
But there is no getting away from a single provable fact.
Whilst everyone here was talking about 2 and 3s, 4s, 5s and even 7s - you outrageously said that this SP would hit a single £1.
Everyone here - me included - ridiculed you.
I still think you are a complete troll. Or perhaps you are an aide of Putin.
But facts are facts.
Not sure of the relevance. Things like this would already be built in to the SP. There'd be a massive downward push if for some reason it hadn't be paid - but don't expect any news that they've done what they are legally obligated to do to make an impact.
As frustrated and confused as the next guy, but this is a waiting game now. Agree that I wish I had some more eggs to throw into the basket.
I'll be honest, this week has surprised me. I knew it would rise but it is more positive that I thought it would be - given that markets are still closed off and there has been no positive tender news this week. If it is swiftly hitting 130+ with nothing in the tank but the growing realisation that the legal problems are behind PFC, then we may have some very rosy days ahead.
I am waiting for someone to blame you for the money they lost. After all - you were on this forum arguing that the share price would fall below 100, you said it was finished - you said it would never rise.
So what about those people who may have been convinced by YOUR words when the SP was 110 - who sold at a loss, and have now seen the SP begin to rise. How much money have you lost them and wouldn't they be right to be really angry at you because clearly - it is all your fault.
Just saying.
I don't disagree. I have personally loaded up because I do think it is underpriced. My reasoning is simply that if all things remain equal - the mid-term future looks much better and the price should go up nicely. This is a battered stock and yet the underlying business itself is a healthy one. Of course tomorrow could bring anything - which means it can simply all blow up in my face - but these are the risks we take. It can happen with any stock, so relatively, given its current price, I just think PFC is a better bet than most.
It is interesting to note that everyone rushes to call Quetta a troll and vocally dismiss his rants as nonsense - even creating threats that ridicule him - but there are also people posting here that the price is going to rise TODAY by 4565% - or tomorrow by 56555% - and who do this constantly - and errantly - without anyone passing comment.
To those holding shares it seems to me it is best to avoid and ignore both sides of this discussion.