Member Info for fre1

Loss was lower than analysts expected so well done PFC management:

https://www.proactiveinvestors.co.uk/companies/news/977579/petrofac-hopes-to-rebuild-backlog-and-that-2021-draws-a-line-under-bribery-probe-977579.html?viewSource=TwitterUK

some need to read the rns properly , this company has turned the corner and will be reinstating dividends going forward imv. ADNOC open for contracts and i anticipate PFC will be winning contracts in UAE and oil prices only expected to continue to rise , an excellent recovery play in my books

Strong recovery and markets are forward looking and this company has plenty going for it with UAE contracts and transformation is well underway.

better return than what a bank offers, i make that just over 30% yield on current share price which is mental and a superb return

huge buys coming in- either dividend maybe voted in or share buys backs is the other option on voting

nice move to strengthen governance with a heavyweight on board, company worth multiples and can add value imo

wonder how many more they hold as i bet they aint offloading the lot yet - can';t trust these MM's manipulating the sp each day imv, especially at close

Director buys add significant confidence here and this certainly looks like its been way oversold with value to be had imo

think that had more to do with the rns today, anyway 121p close today

hence why blackrock will want to disatnce itself from russia and sell out here. There is significant risk for them to continue hgolding their stake in my opinion as it certainly will be sitting beyond their acceptable risk appetite imv. There is also the political pressure and socfial media who would draw attention to them not following the ethical approach etc.

anyone know if the fund managers are mandated/ forced to sell out today as poly is removed from ftse100 index?

Anyone been able to buy? Which brokers can you buy this through as just been listed.

Huge vote of confidence by director buys- I expect they anticipate a very good t/s

are the trackers mandated or forced to sell by Monday? Anyone know?

check out sky news at 17.21 -article suggests that the senior adviser to Ukraine president stated that the details reported are merely "the requesting position of the Russian side". "Nothing more," he added.

Doubts over the finer details in FT article?

Ukraine news – live: Kyiv rejects proposed neutrality in peace talks as Russians ‘shoot 10 dead in bread line’:

https://www.independent.co.uk/news/world/europe/russia-ukraine-war-vladimir-putin-latest-nuclear-news-b2036868.html

well PFC have taken the light away with their lunchtime RNS opening up the huge UAE market to them and will Boris on the way to Saudi, things are looking up as we place zero dependency on russia for oil, gas , coal etc, Ignore the noises here imo

they'd be buying all they can, just imagine what will happen here

march towards £2 and beyond now

The whole dynamics change with ceasefire situation as POLY will be seen as an even greater investment in my view