Member Info for Furryboots

Having worked in the oil industry since 2009, the decline in Aberdeen and the surrounding area over the last few years has been akin to the Highland clearances. It genuinely feels like dead man walking in this industry, there is currently no future to speak of, most people are just going through the motions of doing their jobs to the best they can but waiting for the inevitable tap on the shoulder.

Absolutely Awful company in my opinion. Shocking prices here in their home city of Aberdeen. I would rather walk than use their buses.

If not a takeover target. Either way I bought £2500 a few days ago and currently up over 11%. I don't see any downsides at that price. Happy to hold and accumulate dividend's. Never held ABDN before always went for Aviva or Phoenix but this fell a lot further quicker

The E&C division is the part that is the problem - they sit in Sharjah and dont have an idea about projects here in Scotland - they lost millions to Total Energies in penalties

Depends on how you tolerate a loss. I lost quite a bit on Petrofac before and haven't been inclined to invest since. Working in Aberdeen, there isn't anything positive said about Petrofac anymore and I think they are struggling to recruit. Being an ex employee and sitting through various consultations and wage cuts was no fun and leaves a bitter pill. My own view and I am not an investor is that i would take what's left and reinvest elsewhere. You can always return in the future but sitting on your hands is pointless.

Bought my last lot at 171p, still slightly down (4%) but it it gets anywhere near the 1 year high around May, that will put us comfortably in the black - been down on this consistently since i first bought in 2022, hopefully start to see better sentiment towards China, FCSS is showing down 41.38% on HL over 3 year and 13.55% over 5.

I have been looking at AT a while now, looks to be a good company on an upward journey, not sure i seen much wrong with the results, looked good to me, all very positive. Not an investor and unlikely to invest in the short term, but i follow with interest and wish all investors well.

Are we rising due to Harbour news?

Did say if i remember. PFC have such a bad rep they cant even recruit now. Hows that going to play out. No point getting snappy because your sitting on a loss. Its been obvious to anyone to see the last few years that Petrofac are spent. Never recovered since the SFO. FACT.

Bet many are in the same boat, as an ex petrofac employee we were able to buy shares and got a get out of jail card when we Tuped to another company - was able to sell our shares at a loss but we were classed as good leavers so it was tax free. Its been a hard watch since seeing Petrofac do so badly. 10 years ago these were about £15 if i remember. 99% loss now.

You may have to assume that Porch is 78 years old approx and made poor pension provisions and is now a bitter and twisted old person. I don,t recollect a positive post from them. Obviously something amiss.

The Endeavour costs are being absorbed by the Australian Government.

Sharebel - I see another Thorntons on the cards. Higher input costs, higher labour costs, tightening of belts, discretionary spending. Had my finger on the buy button yesterday at 118 and held off, as i see poor results ahead especially when some of there chocolate is more than £1 each.... Teacher will need to settle for Milk Tray this year.

Suggest everyone sell now....i have just bought 3000 and my timing is always bad.....Bought FEVR Last month and down 34% already.....if i have one thing i can always time right, its a bad entry point.

Anyone know of any reason for the sharp fall this morning, showing 4% down at 1377 currently?

what funds aren't at the moment, my whole portfolio is down about 10% since the beginning of the year. This is down over 20 odd % and that was buying recently at 12 quid as well. Shambles.

Since this is now at multi year lows have taken a punt on these, happy to sit and wait for a recovery. Not sure there is any damage to HL other than reputational, and since my SIPP is with them, getting some divi back now and then wont go amiss to their high fees.

Thanks Hefonthefjords, I basically got the reasoning and understand the share consolidation but Aviva is now a much smaller albeit more focused company and as others have said there is no guarantee with the future dividends. Aviva is the only single share i hold as the dividends help pay the astronomical fees on HL.....You would have thought with the pure volume of accounts they would take the platform fee down from 0.45%.

Yesterday in my HL account went from holding 2500 shares down to 1900, so ended up buying 600 more to get back up to my 2500 at a rough price of 390p per share. Apart from push up my average buy price, i don't really see at the moment how i am better off. I am receiving money with one hand but have spent it to get back to the same position.

The European leaders and the US are playing Poker against a Russian Leader who is extremely intelligent, its like an Alsatian dog in a room with a bunch of poodles. Doesnt bode well.