Member Info for Daz423

Sm66

Yes. Fundamentals ? Solid.

At somepoint shorts will close. Its not going bust.

But theres alot for them to clear before they release it. Where i see is good for a re entry is in 2s. I wont say what end.

Atb

Trax

You were also calling 50p. I am mega bullish on PFC but i am a realist on price action.

Shorters ARE in control but wont be forever the short squeeze has eased but it was on at one point.

They will control this down but once i feel its bottom. Good god i am going in hard on this.

Phat

They definitely dont know anything.

What they do know is if sentiment lapses and people set stop losses. Pis like lemmings will walk it off a cliff.

Its happening again.

Shorters still got this in hand for now. Tide will turn that i am sure but i think 0.2s may show its ugly face again.

want the truth ?

****e.

it looks to be dragged someway lower yet before support will move in.

It didn't hold and i thought it would.

So its going lower. Price action.

From the other day paid 0.40... wasnt punt money. Feeling the heat abit now aint they.

1.2mil traded

Small amount of buying is going to make this run.

Https://twitter.com/DazInvesting/status/1741887120220795131?t=65FF6MyC_PnR59zSsHAJ2Q&s=19

Atb

Balance sheets mean f all tbh.

In 2017 they had 1.1bil debt paying dividends but had cash liquidity due to 18bil of work.

Its a covid recovery stock. Its so obvious aswell.

The performance of PFC was largely covid related... call up RR ceo and ask them if they was ? It was worldwide.

The shorts clearly were wrong hense they increased just before the RNS. To hedge they will have to go through a mega buy spree and that trigger point.

It isnt going under to much work incoming and to many people being employed. Take over ? Potentially yes. But not bust.

And it isnt being bought out for 200MIL.....

ATB

I will never be a believer or a hoper on a stock. That's gambling mentality.

I will react to forward outlook and projections. 8bil of contracts by end of 2023 is far different to 1bil end of 2022.

Shorters have provided a fantastic risk vs reward basis.

PIs walked this off a cliff on fewr

PFC have been busy on LinkedIn as of 21st they had 322 job applications. Internationally.

As of today there is 281. There has been continuous new applications added from 5 to 15 per day aswell.

Even if we assume that some have just been removed not filled your looking at id say a comfortable 40 to 60 jobs filled over the xmas period.

Growth incoming.

Heklion

Do not have insider info this is not some aim losted garbage.

If they did have access to insider they wouldn't have increased positions right before the back to back RNS. That has hit them hard.

They have upped to buy time where as TW the shorters fat cats have decreased.

Cross ramp

And against my normal rule i took some at petrofac.

37p buy from previous highs and bright bright outlook with 8bil in contracts backed up. Post covid recovery stock needs to balance debt and then it targets to go back to dividends i suspect they will sell of their operating oil asset as its focus is wind energy.

200mil MC from previous bills. RR 2.0 imo.

This oiler is fine lol

Ultimately theres alot of people saying the authorities need to be contacted and that may well be the case but you need to look at yourself and understand risk management. If you have put your life savings into a high risk oiler you bare the risk of it going bang. Oilers a notorious for going bust or under.

Its a hard lesson and you wont make it again.

Obviously i hope this makes a full recovery for the good of the PIs but there was posters here i witnessed raising the red flag and many of you were really unkind in responses.

Atb and hope copl pulls it out the bag for you all in new year.

PFC

Have a producing oil asset with 30% interes a NAV (net asset value) of 500mil + on current known jorc.

https://www.offshore-technology.com/data-insights/oil-gas-field-profile-cendor-west-desaru-conventional-oil-field-malaysia/?cf-view&cf-closed

I recall reading these articles in reference to covid hammering RR

https://www.proactiveinvestors.co.uk/companies/news/989282/can-broken-rolls-royce-be-fixed-989282.html

Simply the same as whats happening here.

A covid recovery stock in motion. Buy in fear and all that.

Take over or major rerate is the only two options and with its assists staff tech ane contracts. It isnt being sold of on TO anywhere near these levels.

Its Factually incorrectly aswell.

Major hedge TW have reduced and the majors hedges are holding long.