Member Info for kirti12shah

Ministers are on alert regarding a possible takeover of BT Group by billionaire investor Patrick Drahi, prompting digital secretary, Nadine Dorries, to call in the company's boss, Philip Janssen, for talks. Under Takeover Panel rules, Drahi was prohibited from buying more shares or taking over the entire company until this weekend. The new National Security and Investment Bill, which will go into effect from January, allows the business secretary to block transactions involving more than 25% of a firm if it poses a risk to national security. - Sunday Times

In this market with good outlook and positive update.
Add a few more yesterday & today @ dip.
waiting for bounce back but happy with my holdings
Good Luck

This Xmas S/b GBP 1.50 & Next Xmas S/b GBP 5.00 plus
Good Luck

Not less than GBP 2.50 but more for sure

https://www.facebook.com/RollsRoyceGroup/videos/269394875207742/

https://www.facebook.com/RollsRoyceGroup/videos/269394875207742/

https://m.marketscreener.com/quote/stock/PETROFAC-LIMITED-4005555/news/Funding-awarded-to-Cranfield-to-support-new-technology-in-zero-emissions-challenge-37171336/

https://m.marketscreener.com/quote/stock/PETROFAC-LIMITED-4005555/news/Petrofac-partners-with-Cranfield-University-to-support-new-technology-in-zero-emissions-challenge-37177565/

Three Major Share Holders Germany, France & India plus Institutional Invester . In between them they Hold Share approximately 55 to 60 %. All they eyes for BT. Openreach to demerge with GBP 40 Billion and current BT. market Capital is just 16.5 Billion
So this is a right time to move in.
Good Luck

(Sharecast News) - Potential suitors including private equity outfits CVC and Apax, and infrastructure investors including Brookfield and Macquarie, have conducted fresh analyses to determine the value of BT's Openreach unit, which owns the infrastructure that connects most homes in the UK. The cable division might fetch £40bn. Franco-Israeli telecoms tycoon Patrick Drahi's Altice UK already owns a 12.1% stake in BT and from 11 December will be able to buy more shares. That would allow him to apply greater pressure on BT's board to sell a stake or even all of Openreach. A full takeover nevertheless is considered to be unlikely, due to the group's size, pension fund liabilities and potential political hurdles. - Financial Mail on Sunday

https://m.marketscreener.com/quote/stock/PETROFAC-LIMITED-4005555/news/Petrofac-First-HKZ-offshore-wind-topside-sails-37145183/

SOCGEN RAISES PETROFAC PRICE TARGET TO 240 (167) PENCE - 'BUY'

Merryn: One of the things you say in your article is that these kind of businesses are risky and they're cyclical. Don't own one or two, own quite a few, and once you've got them don’t sell them too soon. What are your favourites in this sector?

Andrew: The easiest one, particularly for UK investors, is Petrofac. I like it because it got very bombed-out. They do oil and gas engineering. No one’s been doing any big engineering projects for the best part of a decade, so they were cyclically very bombed-out. Then to make matters worse there was a big SFO investigation into historic corruption, which they've now settled for a much lower fine than anyone thought they’d get, so they're out of the woods.

Because they've settled that they can now go and win new work. The good thing about Petrofac is they are really good what they do. In spite of the dodgy contracts and the past, they have very strong capability. The other great thing is that many of their competitors have simply gone bust in the downturn. You’ve probably seen a few of the headlines. A lot of these oil and gas services companies have just disappeared. They've hit Chapter 11.

I am in. Bought more today to bring my average down. now i am okay with my holding as future is bright

Did anyone notice when ever shorting increased to help someone to increased stack this has been happened twice
So far nothing wrong with the Petrofac only shorter are helping to keeping price down
Once right issue complete then shorting will closing immediately
IMO this is the best time to buy for long term with good price value
Good luck to long and new holders

When marketmaker want your share they will reduce the price and buy it from you. Once they got the stock they will increased price sell back @ Higher Price.
Even FTSE Down but that give chance to buy @ cheaper rate
by afternoon we will see the Prce above 2
Good Luck

Some time you miss the train. Then think what you have done wrong?
All the best for your strategy.

We got short closed on 24se21 and yesterday one declared today or tomorrow that will be game changer.

https://www.tradingview.com/symbols/LSE-PFC/technicals/

SFO Case will be setteled and Current Market value is more attractive for bidding + New contract in pipe line all this give one Direction is that TAKEOVER.
Only the price @ will give better picture
Last result update is also due
Good luck to long time holders