Member Info for JG68

Well, WG, Hunting, Saipem all green as i type and this down 5%. Why ?

Nothing ever adds up with this.
More buys than sells, more individual small buy orders going through than sell orders, yet this is is 4 5% down and a direct comparison in WG is less than 1 % down.
Normally it's obvious when the shorters are at work with several small AT sell trades going through to drive the price lower.
It just seems that either the market has very limited patience with PFC compared to its competitors. There has clearly been a delay in awarding large E&C contracts to PFC, and I wouldnt be surprised if they don't materialise until next year, and this possibly even rates slightly lower if none are received by the trading update in December.

This is dropping on buys this morning , completely disassociated from WG, smells fishy to be be 4-5% down.

Another cracking start to the week.

A couple of good gold days and it's back over 60.

All your mcshorty boll---s.
Why aren't they buying now????
Rampers.
Going back to 39 next week.

Unusual for IIs to announce they're reducing, very strange.

Going to lose all our gains this afternoon accross the board thanks to the US.
How many times has this happened.
It's almost suggesting to me that it's better to trade in these markets because any rise won't last.

Price of gold also helping this morning

One analyst not impressed so far and they have a point.

https://www.proactiveinvestors.co.uk/companies/news/996394/five-at-five-thg-comfortably-below-expectations-adidas-boots-kanye-hsbc-kicks-off-banking-season-and-rishi-sunak-s-crypto-vision-996394.html?utm_source=newsletter&utm_medium=sendy&utm_campaign=uk_daily

I have no doubt the order backlog will increase and significantly contracts will land, however I don't feel that will materialise until next year now, and although Sami did say the second half 22 and into 23, he really did sound bullish for H2 this year.
So I guess I'm frustrated that this might not really materialise until next year, and the markets are very unforgiving right now.

Watch the yanks pull this right back down

34.7

Can't see it, only have to compare with WG last 5 days, that's up 10% .

Everything green except this.
Says it all really.

Nothing major if he tests one in the Arctic imo , he's half expected to, but if on Ukraine then a crash for sure because the west will retaliate with conventional force

Beginning to wonder if any significant order backlog is going to be achieved this year, or if Samis enthusiasm is going to to waver somewhat with a more cautionary tone about cash burn and headwinds in December?

We keep hearing about Adnoc and Saudi contracts of substance being issued elsewhere, but nothing coming this way.

He did suggest in the half year update that the second half and 23 would be an infection point, but this has yet to be seen.

I am now fearful that if nothing if any substance materialises by the December trading update, this could rerate lower.

Deluded.
No reason it should have risen given the agreed sale price of 39.
That's where its heading

Plus they already warned that margins would be circa 7% this year and hope to return to 8-9% next year. Share price tanked on that update, already forecast.
Nothing untoward today, positives are driver recruitment in the US and increased revenue underpinning their strategy for significant growth over next 5 years.
Imo that's why the SP is cheap but quite steady at current level.
Any positive macro news and it will surge quickly.

Revenues up 30%, company profitable, fuel hedged, debt fixed until at least 24, why on earth would they need to sell assets or equity raise?
Beyond stupid