Member Info for Huzaifah4561

Is it petrofac opening tommorow ?

Https://simplywall.st/stocks/gb/energy/lse-pfc/petrofac-shares/valuation

Well with a good set of results could still push the share price to 30p I reckon

So we expecting a price crash on Monday ?

I don’t mind if diluation happens as long as Petrofac are expecting to make some profit this year.

Is it only me think that’s Petrofac situation is similar to rolls Royce

Don’t think asfari would allow it to happen. If the debt to equity happened Petrofac wouldn’t have gotten the last contract for sure and no shorters would reduce. Don’t think adnoc have time and money to be giving contracts for fun to a company who considered debt to equity and are un stable to do it.

I think I may have missed the agm meeting . Anyone can give me a summary on it

Do you think we will get a update on the projects today

I wanna know why shorters reduced

Https://www.meed.com/site-preparation-ongoing-for-petrofac-project-in-algeria2024

Since shorters reduced by 4% it gave me hope that there is some sort of positive news

Did not expect that drop

Seems like it’s positive news since shorters reducing this much. Let’s hope we can get back into the 60s in the same day

With a positive news I reckon we can see 60p+ on monday

The share is 50/50 we could win some or lose some. My hope is on asfari family.

We have to remember the share price fell due to a cash flow crises. Don’t you guys think the share price value will go back to that exact price before it started to collapse. If I’m not mistaken but the collapse was due to cash flow crises

Hmmm maybe but it may rise to £1 within the two days the financial crisis gets resolved. Hope it goes back to £1.50 like when sfo issue got sorted

I’m assuming they have made some sort financial deal in order for the shorters to close their position in a rush. If financial is sorted out I wonder what the share price will go up to in a day? My guess is it will be £1 in a day

Https://simplywall.st/stocks/gb/energy/lse-pfc/petrofac-shares/valuation

Interesting, the share price valuation has been changed to £2.24. Before it was around 40p