Member Info for Furryboots

Maybe even a special dividend post covid-19? As annoyed as i was at the time, probably a good decision.

Shrewd, genuinely i am not trying to put you off, but PFC are not best in class at execution. You only have to look at Shetland Gas plant (SGP) as a recent example. That said once this is over, the court case is resolved things should improve. However at the moment Petrofac backlog of work is the smallest its been. Current holder at a much higher price btw and not intending to sale or add.

At the rate this is going they will be injecting oil not water in to the wells and looking to produce water. The world now more than ever needs to start working together or i fear this will lead to war. I am no fan of globalization and i mean no fan....but this virus has shown that all governments need to start pulling in the right direction for the greater good.

RD12 you are such a child. No doubt a single man living with mum and dad, no girlfriend, couped up in a bedroom with multiple games machines, computers and other gadgets to compensate for your sad life.

I would imagine that China would be a favourite to take over Tullow with its new Silk road initiatives and "soft power!"

Squif The Thistle is definitely finished. No way back now too much cost for a platform that was basically a big washing machine.

I dont hold a position here, but have kept a close eye on this for a few years now. However i am struggling to understand what happens once they open?
I am reading that social distancing will be kept initially to separate people eating? But how does that work when the same waiter will be serving multiple people? There has been a lot about this virus that hasn't made much sense to be fair and although no doubt this appears cheap, Restaurant group and others in the leisure/travel sector have been the first to suffer and will be the last to recover, but over the last few days the gains have been spectacular.

Amazing dpecacf71 your first post just to tell us that. Any other words of wisdom to offer?

It isn't the cancelling of the dividend that is the issue for me, its that they will continue to issue share options, bonuses and so on whilst having cancelled the dividend. A bit like f..k you jack i am ok.

Yes Lee, some of us having the suspension of the Divi and the 10% pay reduction to look forward to.

Absolutely right, he doesn't need to be involved in the bail out package his sons can make plenty shorting/going long dependent on his "tweet" of the day.

No problem. I work in oil and gas myself and Aberdeen has barely recovered from the last crash, this is the last thing it needs.

Just remember Moneygecho that people will be losing their jobs, just so you can get a desired entry price. After all that's going on in the world right now, your attitude sums up everything that is wrong.

Thanks Stoater. I know but just so frustrating to see years of pension saving back to zero growth. As you say i do get the tax relief....

Just read the last couple of posts, and after this is all done and i am back to work, i fully intend to reduce my contributions from 25% of salary right down. After 7 years of fairly intensive pension savings i am back to square 1 and then some behind that....might as well just spend it, than put it into these wkers pockets.

hardly worth the risk Buffaloben to buy/sell for 8p profit......hmm

Never used them and not invested in Halfords but people i know say the same. Service is as per manufacturers schedule apparently so no warranty issue.

you called that right -)

There are 3 former search and rescue helicopters in place ( Bristows operated) to deal with Covid-19 cases, as far as i know as i am now working from home like others so not so much in the loop, there have been no Confirmed Covid-19 Cases in UKCS, lots of suspect ones. Many operators have cancelled all planned work except safety, Environmental (SECE) or production critical and are taking active steps to reduce personnel offshore. Most platforms will basically be moving to TFA mode - thats touch F... All over the interim period.

Thanks BTFATH1, but don't think i would invest in Enquest again. The news not to restart Thistle was not a surprise to be fair, even though one of my former colleagues was due to start working with them on some Temp Power Gen works, but had to say Heather slipped by me. I had no idea the fire had been so serious.