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The huge swings must be down to market manipulation. this might go on all day...................unless there is something we just dont know that the market do....................A tad worrying, crazy times as always
I’m so trapped in this share at the moment……. Everyday seems to be the same, auto traders banking around 2% a day based on current trends….. any ideas why this sits in the doldrums despite encouraging news? Sitting on a big paper loss is not nice is it guys……. Can only tuff it out I suppose…… got this wrong big time so far……fingers crossed the sweet lord hasn’t abandoned us with this ……..
https://www.fool.co.uk/2022/03/08/at-a-cheap-share-price-is-petrofac-a-buy-with-my-spare-1000/
Not a massive fan of MF but a positive article for ya!
https://www.meed.com/petrofac-awarded-gas-contract-in-bahrain
Seriously Q, give it a rest, some folk are going out of their way to give some really good insights and information and your binary thought process is getting really tedious. If you are invested in this you need to wait a while, good things are happening just not going to happen overnight......might be weeks might be months. NO one likes to loose money but patience is needed. We should be pulling to together and encouraging. Tone it down a bit and good luck
Well it seems a relatively quiet day on the trade front . SP tanking on to the heady heights of 1.17 of the queens sterling god bless it - My 1.50 average under no threat at all - good on you guys who've averaged down BTW. March 3rd has a big yellow highlighter through it - Could be where it all starts getting better. Every finger/toe crossed until then
DancUK - For me its a yes mate I would buy now but thats me - This company is bigger than a 600 mil market cap - You might have to wait a while for a significant increase - I hope this thing flies, but i've got a couple of years on my side
Do you think it’s on the worrying side that Schroders have been selling a large chunk of their holding. If there was confidence in future higher share value then wouldn’t it make sense for them to hold?…..I can’t get a handle on this share at the moment…..nothing seems to makes sense… hope things unfold for the better over the next couple of weeks
Auson - I truly thought this share was a sure bet for a really good turnaround. Unfortunately as yet it’s gone very worryingly they other way. However I still believe this will exceed my buy in price, i don’t think this Bearish run is over yet though . Yes it’s a risk - we all know that. I’ve had a nasty run of late. I never expected this………what do you do though? Get out and take the hit, stick with what you believe?…. The market cap is way below the company worth unless there is something going on we cannot know about…… everything I see, read, research leads me to the same conclusion….this has to go up…. I took the risk, I’ve got to play it out now…. Good luck