Member Info for Daz423

Thats not correct blackrock and vanguard hold.

Since when has a companies previous performance reflected on the future outlook and potential. If that was the case TUI wouldn't have just boomed. RR wouldn't have rallied and tesla would still be flat.

So your a buy high sell low kind man ? Im the opposite.

Atb

Conducting basic due diligence.

I dont think market has quite grasped the forward looking scale of whats incoming at petrofac.

Esbjerg decleration 2022

https://www.espo.be/practices/esbjerg-declaration-on-offshore-wind-and-green-hyd

Ostend declaration april 2023 more joined the party.

These two declarations signed by world leaders are the foot print for the offshore wind transition. It is noted that europe can not rely on energy sources from russia ect.

The plan ? 120GW of juice by 2030. The scale of this forward plan is immense and what comes with it is billions and billions of dollars of work. The recent Hitachi deal is only 2GW of the proposed 120GW. Do the maths.

Theres more by 2050 the target is 300GW combined from all the listed osted countries.

This is a monumental amount of working contracts and it really is vital for europe and petrofac has the skills knowledge and reputation to execute wind farms to a high standard.

I now understand why such a recruitment drive on LinkedIn by petrofac, i understand the buzz from all of their PR as a 'exciting time'.

I understand why TW are loweing shorts and i understand why vanguard and blackrock are long with major holdings.

Atb

Personally if this powerhouses are deceeasing

https://citywire.com/wealth-manager/news/the-uks-12-richest-hedge-fund-managers/a1511771

The top 3 in the uk. Then i am super pleased with that.

With blackrock and vanguard holding long the big boys decreasing size.

Thats a huge win.

Heklion are nobodys vs MW.

Same as they are no one against vanguard yes vanguard and blackrock who are long here.

Helklion are trying to buy time for a exit. mw happy with their profits and will reduce until out.

Short memory's obviously forgotten someone bought 1.2mil yesterday at 40p.

Glow

You was calling PFC a 'SELL' at 19p its bagged since then 😂😂

0 credibility.

Are you heklion in disguise ?

Shorts are in trouble.

Likely

- director buys ? As will be allowed

-completion of legacy contracts with final payments

-new contract advance payments

-new deals all together not known ones

-guarantees on recently secured deals

- asset sale (good imo to manage short term growing pains)

Busy busy busy q1 and its going to wreck the shorts. Better close if your reading. Had your fun.

Immense pressure here to get last lot sub 40p.

Dozens of more jobs listed over last 24 hours by petrofac showing again they are pushing recruitment drives over holiday period. They are expecting a huge period of growth in the immediacy they cant get staff quick enough. More staff more revenue.

1.2mil buy after hours yesterday over 0.40 is a strong buy and likely filling the order all day. Could be start of shorts loading to ease the immediate pain.

Churned out huge amount of sellers yesterday forming new base for next move up. Share price was very resilient.

Atb

Sorry been focusing on other holds recently as unless we are blind sided the route map is shows not expecting to much news in the immediacy.

BA priced a 2k ish spot price. Sometime back with it levelling at about 1200 past 2025 so its unlikely to ever to return to the dizzy levels but still profitable levels as C1 costs are aboutv $680 PT.

analysts showing lith futures are stabilising which can be a 'contango' period.

My view is simply by end of 2024 and on build up to commission this is in a different place now much better. There COULD be a drift but doesnt mean there will be.

BA has done a sterling job but he cant control macro economics of price. Spod price is continuing down finishing 1315 this morning. I think its got some futher to go in the short term. But outlook remains good if you can take some short term pain.

Atb

Yeah deffo a buy. No way Could of it been a sell over 0.40 it only flashed up for abit early before being taken down. However could have been a mid day order to fill and paid over ask due to size of trade.

BACC

The only shorters update we have recently have decreased. Thats a starting point.

Yep

Others not shown hands but short squeeze is still on.

Showing huge resilience. I am pleasantly suprised.

To churn 6mil shares in first hour of trading profit sellers taking at 0 40 probs from super low entry if we close only 1% down i anticipated a lower shake. But thats some strength to clear the sellers a close above 50MA continues a bullush trend.

Looking much better L2 its going to give 0.40 another go.

Hi down

Hope you enjoyed the run last few days.

I agree 40p rejected a few times in the day. I assume many in the 20p area and below are sat on 100% gains need to churn them out and i think it will need news to do it which imo will come. But possible pull back on TA to 50MA.

See what happens.

Unfortunately 0.40 has rejected will need news to break it. Gave it a blooming good go mind. It will definitely break medium term but short term momentum has stalled for now.