Member Info for Jxp101

I only see upside potential here! £1 is the basement especially for a company that paid 80% in dividends to the £1

How is it this news is known before its released to the public. Lots of insider knowledge at play with Petrofac sadly.

Wait for it!

The US once online should drive this up.

Is it being oversold?

This is the problem with this forum people post a lot of sh&t. Talisman has disappeared and was living in his own world! Somehow he thought that the FCA had nothing better to do with their 100 resources but to investigate shorting on Petrofac! Imagine 100 resources at £55k a year £5.5M to investigate market manipulation!!! People like him should be banned from this forum - fictitious investigation that never took place, just in his mind!!

Please update us on this supposed investigation that you were barking on about?

There was someone on this forum in early January saying the FCA would be investigating the shorting???? Can that person chime up and give an update? lol was it you ‘onwardsnupwards’???? Please update us?

I hope this not true, but i think a dilution is on the cards! Insider trading is where it began and Helicon et al are in the know - it's sad writing this. Shorters knew this months ago yet management never revealed this. Sad times tbh! A company that has already been diluted gets diluted again!

Insider knowledge

This is all tripe. Where is this misconduct reporting you were barking on about in your imaginery world? Monday has passed!

What is becoming more obvious especially with the Schroeder exit is: there is bad news to come. Shorters got sniff of it first that is evident (insider knowledge clearly). Yes the pipeline is strong but over a number of years Petrofac has been poorly managed. The backlog needs to generate cash (not profit). Cash is a matter of fact, profit is an estimate.

I can't see anything other than a dilution. Not necessarily a bad thing in the very long term. Rolls Royce has one very recently and they have managed to turn it around. Petrofacs order book was scr ewed when the bribery allegations took place, the uncertainty this caused was where the problem started

Https://www.energyvoice.com/health-safety-environment/545166/petrofac-warned-over-welding-fume-risks-on-kittiwake/

Talies report on Monday has made all the difference lol. The special report has done the trick lol

I have the feeling shorters know there is a dilution on the cards having insider knowledge since this began sliding (all it takes is the banker to tell a hedge fund 'that petrofac is getting no more loans'. Call it illegal but this is how financial markets operate. Expecting an FCA investigation into this and many other cases of this happening is hopeful. The FCA's primary purpose is to act as a deterrent, they don't have the internal resources to investigate every case of collusion, insider trading etc. To top everything that's happening - no one from management is buying so they must know something is up.

@Orangemoon you are absolutely right! One more RNS. There is a lot happening in the energy sector and Petrofac will have learnt a heap about taking on or pricing incorrectly contracts. PFC are a big player in this game.

Cheapshareboy works for Helikon!

I'm new to Poolberg - should i invest? I don't normally touch pharma stock.

Institutions buying in? More positive contract updates? Shorters are not budging clearly?!

@OrangeMoon why would they play the dumb card. With a huge backlog refinancing will not be an issue. Creditors will leverage loans on the forward contracts and more importantly cash ultimately. Helikon got very greedy and sadly made some lose sleep. Even i thought they had some inside knowledge that retail was not aware of.