Member Info for DavidW2016

Another possibility for the drop in share price is that the MM's are actually holding the stock on their books in the hope of selling it on the rapid rise to come soon.
So acting as the buyer side of the trade.
Only my opinion.

As some point soon, Petrofac's brokers, Goldman Sachs show be issuing their forecast. Hopefully, a more favourable and realistic outlook!

Brock, I think you some up the true feelings of many investors. Seeing Machines is an investment.
It is not a club or a game, as it seems to be with some on this board. It is a cold, hopefully, money making investment. Like you, I have no delusions of £1 plus. I would be happy with 20p upwards.
Shareholder value is all that matters. Surely, that is why we are here to make money.

We need a dramatic RNS to move the share price.
If we get an RNS that is luke warm then it will have a negative effect on the share price.
This stock is barely traded, sometimes less than 100 trades per day, and most of them are low value. This was taking at 5p five years ago!
If we're are the No1 DMS company, where are these US investors that PMG states will have to buy share in the market.
I must admit I am tired after so many years and so many set backs.

Oil price is positively correlated with Petrofac share price . Along with all the other positives this should bod well for the share price today and in the coming weeks.

To take a company private you have to get the agreement by the majority of shareholders. Private investors own about 55% of the equity.
AA only owns 16%.

What you have got to remember is that these shorters are not risking their own money. They have mafe a bad judgement with regard to Petrofac but they will not pay personally. Maybe not make a bigger bonus as they expected.
They will have no worry about closing their position at 80p, 85p, 90p. It is just a game to them!

The tide as changed. They now have to limit their losses. So expect some big buys soon. They certainly do not want there position to get out of hand.
And next Monday, with the new CEO in place may bring further strength to Petrofac.
Manu humble opinion if course.

Just glory in the good news for now.
We have had enough stress over the past month or so. I hope this the confirmation that Petrofac is here to stay and the upward accent continues.

SEE & SEYE are expected , but not guaranteed, to take the lions share of the DMS Market in next 5 years or so.
Is it likely that one of the 'Big Players' would try to buy/takeover both of these companies and consequently wipe out any DMS opposition in one swoop.

Pokerchip, You are right , it is more complex than just derivatives. Although, I would think that it is easier for a PI to buy equity than a bond.
With the BoE base rate reaching its peak , the expectation is for interest rates to start to reduce.
In general, that is good for the bond price as they are inversely correlated. I know that is a over simplification.

There are a range of derivatives where the underlying asset is the equity (share). Obviously, over the past weeks/months these CFD's, Put Options etc that were purchased will now have to be closed.
Once it is seen that there is upward momentum in the share price, the purchase of PFC equity should start, and buying confidence will return.
If we are lucky, the upward movement should be as dramatic as its downward decent.

You are very selective in the points that you lost in the Petrofac update.
You forgot to mention their strong pipeline of work outstanding.

Incorrect, the market is NOT anticipating a rights issue. That is your speculation and unproven view.

Absolutely agree. There would be no point in trying to raise cash while the share price is suppressed. It would have to be at a discount so would raise very little cash. A non-starter.
Again this is more speculation.
As soon as any company's share price as a moment of struggle all the usual comments about cash raise, delisting, shorters etc surface.
Unfortunately, that is the nature of free speech.
But free speech does not give anyone the right to mislead or cause investors unnecessary worry.

Did you get up early just to write that pointless comment.

Yes, I was joking about the medication
I was trying to stress that it is not helping writing messages and implying they are factual.
For some people, new to these types of board , it can add to their worries. And I know some will say they should not be investing if they get worried.
I have always believed the purpose of this type of board is a forum for discussion.
They are not to promote someone's personal agenda, although they are often used for that purpose.
In the end, you should go to reliable sources to verify any 'facts,' stated on this board

I have never read do much unsubstantiated rubbish regarding share dilution.
As soon as any share starts to fall all the dross comes out spouting share dilution.
Some of you people need to take some medication.
My only piece of advice to anyone reading these boards.
Decide what is FACT and what is OPINION.
Facts will come from Petrofac.

Lewbo,
Who do you think you are telling me to sell up.
I don't need it mate.

How is that good news ?
We are now at 5.70 pence. Where we were 5 years ago in the KK days.
Where are these US buyers ?
SM are just not in a rush. PI's are irrelevant to them.

Thanks for letting everyone know how you are such a good trader. Got to the top of the class.