Member Info for Guiness25

No change of as yesterday. Those boys must know something, I thought they woud've reduced by now. A very risky hold, if you are indeed holding, almost binary where things go. MMs love to take stock down fast on any sort of financial negatives, and I cannot see PFC having resolved (categorically resolved) the bridge issue - this will be a work in progress, with a stated plan, subject to the usual caveats (no guarantees this or that may happen). Shorts know this.

Will he announce more delays in early 2024 to allow "others" to get in at 1.2p?

Dont look like 2023 is HEMOs yr for clin trials. hey ho, who'd have guessed? Vlas is surely not the George Roach of small cap pharma?

Up again.

GD - obviously one to have the last word, so boring. Not your friend, and yes, of course, assets when a company is in touble can often be sold off cheap. Its a particularly odd one with PfC given the nature of booked business. Best we both leave it at that, but I know you will have the last word.................stage is yours.

Im merely pointing out, GD, some posters go for "this will happen, for sure" approach. Other, more seasoned investors/traders, prefer the more sutble way of thinking, and draw to "maybes". Now, let's not try to convince those not sure, that the assets will be "given away", it isn't a Morrocan market place seeling clothing. You probably wouldnt have the first clue about the financials on the assets in question. i could be wrong..........

Just like TM17 was "firmly achored in the 150's". Sounds like Garydav knows his onions.......erm, ish.

I think from the articles published it is clear that Petrofac has a future. Anyone buying sub 40 will more then happy in the months to come.

And when people tal of a rights issue - right now, PFC is circa £100m cap. Premier African Minerals was valued at well in excess of £100m this year, now at £55m. That says it all in terms of the crazy valuation of PFC currently, but I do obviously accept they are in a cash flow crisis.

I think any dilution will go hand in hand with an asset sale. The upside forward looking is huge. Renewable energy space, huge booked business with more to drop. You see, Tennet is one huge customer, driven by the demands of Holland and Germany in terms of renewable energy. Petrofac are front runner to win contracts of similar nature when France decides to pur its offshore space up for grabs - that one will come.PFCs team in Sharjah are extremely talented and have exceptional industry knowledge.

\the shorts can play this out quite successfully if the SP now ranges from 18-45p. See where the direction of travel goes Monday, and in particular, where things head Tuesday with many potentially putting a punt in.

Its almost impossible to imagine that a company, with booked business level of PFC's, goes bust. They have worked on BorWin projects JVed with Siemens since 2010, have a superb track record. This is a highly unusual situation, but one that must surely, ultimately, favour those that are long.

How do you view that analysis Trax?

Another 419,281 dropped - 3.5milliion after hours

I could be wrong. If I am incorrect, someone else is buying - 3m shares circa 20p - thats £600k. Not PI money. See what tomorrow brings.

Whos buying then davwal?

And you can probably add another 900,000 to a mill on top of that for other trades Ive seen. Could be a ploy of course, but I suspect at least one is buying up

2,038,518 after hours. That aint selling, thats buying, and it aint PI's

Unchanged yday it looks like. I would think the large trades after hours display a good chance shorts reducing, should be notified tomorrow.

Do you actually understand what the HVDC project award is for? Do you understand the relationship Petrofac has with Tennet, the duration of time they've worked together and expertise Petrofac has build over the past 15 years in Offshore Wind capability? You probably havent got the first clue sonny boy.