Member Info for johnychainlocker

199k buy just gone through @39.48p, 08:04:02am

Yeah, just realised (doesn't time fly 😜)

DE Shaw and Walleye both increased their shorts yesterday - hence the +40p not being breached. If can get above 40p today hopefully momentum will take over and further rise due.

Details of trade @Aim - we can all then see it listed - be quick though eh fella!

@sharebel - You were rumbled a long while ago, be a good lad and just do one please, you're embarassing yourself now!

Hope the 2 newcomers who opened/increased their shorts on 21st Feb get well and truly spanked

Tbf @Dave, Systemica reduced, but at same time Shaw increased, although not by quite so much as Systemica.

@yorks i agree about icecool, (at the same time pokerchips knows his stuff too).

the part i have difficulty with, ice, is that the figures, (ebitda, projections, expectations etc etc etc) - the 'fundamentals' you refer to so often - are sourced from wood group accounts.

wood group accounts have been shown to be, let's be kind and say - "less than reliable".

i'm interested in why you then have such faith in the figures put forward in wood's accounts.

genuine question, no agenda, just trying to sort the wood from the chaff.

(btw, agree pfc is different kettle of '****-up', but they too were in receipt of very large future order book, circa $8billion from memory, but couldn't raise the wonga to provide for the guarantees. an equally incompetent bunch of directors there too!)

Don't know about shorts closing, new set of vultures joined the shorting party on the 14th,

together with MW increasing same day.

Hold for long term here

@Happy - Well I'm happy I halved my holdings by selling on 4th and 6th Feb!

But none of us will be happy as the shorters - who, despite everyone's hopes and dreams RARELY get it wrong

Looking at the trade price, would 'suggest' it was a buy not a sell, and would co-incide with recent reduction in short holdings.

Qube reduced quite considerably - funny how they can do it with hardly any noticable effect on the share price.

That's high frequency algobot trading for you, which personally I think is worse than shorting as far as PI's go. They are IMHO 'manipulating' the price, not taking a risky BET on shorting (or going long), pure price manipulation!

For @Pat. Agree with you LWHL

For your info, and the part of the story your peddling (no doubt from the Guardian) that you don't want to acknowledge, is that the year BEFORE the Brexit referendum saw over 1 million persons seeking asylum in Europe.

To blame the small boat crisis wholly on Brexit is misleading, and certainly not the whole story, and in fact got into crisis mode 2 years after the vote.

The part that IS down to Brexit is that there was an agreement to return people to France before Brexit, but not included in the Brexit agreement, mainly courtesy of the French who wanted away with the problem of immigrants on their shores.

The French only have 75 miles of coastline to patrol between Dunkirk and Calais, and anyone who suggests that this is almost impossible or beyond them is living in cloud cuckoo land.

Mind you, it's what they have been betting on for long enough now, will have worked it all out and suppose "as per ", they will get out with fat profits and laughing all the way to the bank!

What it means for the share price is beyond my limited knowledge - waiting for some brighter folks on here to clarify. I'm only glad it's been released on a Sunday which I'm hoping (probably beyond hope) might just catch the shorters out in some way. A bonfire of Helikon and Millenium would do my wretched PFC financial soul a world of good!

Can also confirm :

https://www.reuters.com/business/uks-petrofac-binding-agreement-with-creditors-financial-restructuring-2024-12-22/

Cheers @Stupmy

@Auson - I haven't a clue either. For every buyer etc..atc.....but it really makes you wonder if it's shenanigans with MM's. I know we've all been told time and again that all the MM does is 'facilitate' the trade, and of course they will set the price to drum up trade, but I dunno about the 'Dark Web', it's more like the 'Dark Market'.

It's a similar story when the shorters start closing out. Very rarely, unless there's some really unexpected news does it have a noticeable effect on price, although you can at least understand how the hedgies control their exits with all their high frequency algorithmic trades, but like you say, how can the price move so substantially up over with shorters increasing almost daily.

Used to be you could expect it with AIM, but this is a FTSE 250 share ffs, and the casino shadow.seems to be spreading!

I second that Aucuba