Member Info for Fortissimo

Still showing 0.5% but data can be delayed by couple of days.

Jerry, 'hopelessly clueless' ? I've called GGP's over valuation and decline pretty much spot on since the 37p days down to the 7p today's. For your sake, I hopelessly and cluelessly wish you the best. You're going to need it.

carrots,

it wasn't at 53p for very long. I grabbed some at 55p but you'd be lucky to get anything sub 55p. Most mopping up was done in first 15mins with 57's being the common number.

finishing strong near or to highs for the day

someone called it wrong here today!

Some big buys coming in now.

Hedge funds know the big news event they have waited for has now past?

He'll probably want to agree some nice cheap options aligned to performance metrics with sp down where it is first before delivering the good news!

One thing is clear, previous management certainly massaged the numbers in Dec with that $100m forecast as surely would have been evident that another $70m could be racked up if inflation remained firm??

Anyway... looks like the bad news out there now and shorters don't have April results to look forward to anymore and instead are looking over their shoulder at a potential game changer lending deal extension of 12months+.

Like Wood Group (was 100p, now 215p with 230p+ buyer offer tabled) PFC will bounce back just fine.

Merger clearly helped with liquidity as volumes used to be below 50k most days. Now TSX seeing 500k traded across pond in first 30mins. Anyone else think we have same buyer playing both books on both sides of pond?

addicknt

Just add the tool to the list of green lines. I've got 5 on filter and for some reason I think a few of them are the same person... but who cares when they are in the bin!

Coming in a tad lower which bodes well if that theme continues.

Inflation is the knife in Petrofac's back at present. As inflation drops, PFC should rise. Great stock to play if you believe the Fed Reserve and BoE et al have it under control.

I have friend who was a religious pub goer (to his local) and been doing 3 days a week for years. He's now going once a week and says the place is empty most days.

It's biting... follow the signs and know the best stocks to play when inflation numbers really tumble.

Where's the negative posters when you need them??

I have a selfish trade required for ISA and would like sub 20p. Can you help me!!

Trouble is... I think there's an army of interested buyers all thinking the same... eg...if this dips to below 20p or even below 21p... I'm snapping stock up.

Lets have some more 'I've sold up and moved on posts' like we had in the 16's please.

Very true... which begs the question why you bother posting the tosh in the first place.

Anyway... good luck with ITV... personally, I think the channel is junk. Like the Mirror or Sun of newspapers. Problem is... BBC is just a mouth piece for Tories or who's in power and Musk got that right... BBC is just government propaganda.

That leaves Channel 5 which is pony. Channel 4 just the BBC posing as something else.

Not much else out there is there... Netflix... amazon all look like putting the likes of ITV to sleep. Much better stuff all round.

Must go... I have a bet to make on the 2pm race at Doncaster which I know the winner already. Ho ho!

Redheadedrager

I've just bought last weeks lottery ticket because I know the winning numbers.

You are a card... unless you post trades realtime... you may as well be telling porkies.

Next you'll be saying you bought the lows of today and sold them tomorrow at 70p+ when she bounces again... and she will.

So all that tosh you've been spouting is simply to try an effect the BB to get a lower entry price then? Aren't you a pleasant fellow?

If you were BHP and really wanted SOLG, would you just wait for Maxit to get it all tied up with Chinese or other parties involved? My point is, they can slam in a low ball at 35p or 40p and then SOLG have to come out and defend it. What if Maxit don't have an answer that makes some feel comfy? What If BHP's offer has timeline and SOLG are forced to tell shareholders to not take up the offer, but then quite a few doubt Maxit's ability and take BHP's offer. You can see the kind of disruption and head spinning/nervy stuff that can be generated. The Chinese and Maxit (if true) might not be ready to declare interests (eg trade deal not done yet etc etc.

I always look at these things as being a game of cat and mouse. Sometimes the inferior one (BHP v Chinese) has to try and catch the bigger one (chinese) off Guard.

If you look at it another way... what happens if BHP wait for Maxit to reveal Chinese deal. They either top that offer and get into bid war or they roll over and give in. What's the advantage in waiting? So perhaps the disruption route is their best chance and puts a cushion up to bobs bat? They might still lose out but at least they gave it a go.

eurofil

That's a good idea. See you in a months time then. Cheerio.

Been over a year since ADNOC allowed PFC to tender again.

"Petrofac Ltd has been notified by Abu Dhabi National Oil Company (ADNOC) of the lifting of the suspension imposed on 15th of March 2021 and the reinstatement of Petrofac in ADNOC's commercial directory. Pursuant to this reinstatement, Petrofac is allowed to participate in all ADNOC's upcoming new tenders with immediate effect." END

Apart from Aug 22 Algeria deal, nothing significant has followed.

I think time is right now to see some ADNOC awards come rolling in.

Now that really would get the market excited again as MENA region very much 'owned' by PFC years past.

should clarify that 35p would be deliberate low ball. End game should see double that Chinese and BHP go toe to toe. But no guarantees.

Metals seriously in favour and copper set to explode during next 36 months.

Yes, all good but at what price would we need to be hitting before someone runs to the FSA asking for a market update due to share price rise etc etc.

I'd think we are ok to rise to early 30's before having to be pressed on whether we are in talks or not.

Markets push sp's down and up etc but always seems that we have to have a market notice if increases in sp substantial. Probably mm's begin hurting once past 23p as stock thin on ground and sellers look absent.

We haven't had anything major from the MENA region since SFO and we know we were in dog house for 2022. But the Tennet deal surely makes the old MENA region buddies look happy now that PFC has highest seal of approval including partnering Hitachi.

So just a hunch but I think we'll see some MENA region deals come in very soon.

That said... in this funny old market... who'd bet against a $100m fund raiser with Saudi's and then huge Saudi contract follows a month or two after lol!

Just a hunch (and it will sound like major ramping) but I just get the feeling that BHP might be about to make an offer to us wee shareholders - unsolicited...

Two reasons.... 1. It might scupper what our BoD's are planning and force their had... eg upsets the comfy situation for Chinese and SOLG if two in talks etc.

2. Blackrock clearly sold heavily over last few months putting drag on sp and keeping it suppressed. Now they look like they have finished selling or are out... the sp seems like the shackles are off. In theory... BHP should attack now rather than wait later. Newmont issue might also be playing on their mind.

Sometimes going 'first' might be a smart move especially as we know Bob and co do not like BHP.

I doubt the offer will be north of 35p as BHP's plan will be to disrupt and we know there are plenty of flakes on here that would or have said they'll take 35p.

Let's see how it unfolds... but just a hunch... that's all. If I were BHP... I'd make a move now (assuming I'm keen on the asset).

Right over to the resident derampers to repost. Play the post and not the man. If you can lol!

Pokerchips,

I think a few on here don't seem to get it despite you and others telling it out for them.

So one last time...for the dreamers (or shorters)... it's not $170m booked here and now. It's over next few years and linked largely to legacy projects due to inflation etc. So when you have Tennet deal for say $6bln rev booked over next 4 or 5 years, it's pretty obvious to anyone that the legacy issues are already easily covered by that single contract win with plenty left over. All NEW contract awards will be based on sensible inflation numbers and no doubt have causes that cover any volatility in next 2 or 3 years. The issue with contracts kicked off during covid or just before is that they were parked for a while and costs went sky high. Look at Wood Group and you'll see they had similar issue and still do but that hasn't stopped someone coming in and making an offer for WG group at 150% above the low point of recent share price.

PFC would not have stood a chance on that Tennet deal had all involved not put the slide rule over them micro detail. Lenders will back them too and when that news drops... it's over for the shorts. The shorts don't have long to close out now as rumour is lender talks set to conclude or be released with FY results in just under 2 weeks.