Member Info for Marcus_

Smell you later 440p

Up 53.92p (13%).

Anyone smell a rat???

This is recovering losses by the minute.

As always people in the know getting in or out before the punter on the ground can do anything.

Seems like yesterday's drop was purely a last hurrah for the shorters to close their positions, before this starts to move through the gears.

I'm already in and could not have added more, but oh to be a rich insider and know all the rumours before everyone else.

Someone will be making a killing over the coming months, probably the same people who made a killing shorting this 2 years ago.

Could be a decent day today with trump and Mexico back on good terms for a few weeks / days

Well it's found its range. Not sure when the next update is due, but it's clearly waiting for some news contract/trading to push this in a new direction. Oil price is not steering anything at the moment

Nah its down to yesterday's trading report. Missed that earlier before I posted A decent set of results. I'm also in the red, but a bit less so compared to the start of the week. But then shares are a long term investment. Great results for those who got in on the lows recently.

The Donald tweets again

Another day another fall. Got to feel for the long term holders as this just sucks. Not much option left now but to hold and hope.

Well Labour stuffed this share up nicely. Glad I spotted that article in the morning, someone was watching over me that day. Pity they did not help me with the rest of my holdings.

Short positions seem fairly low to me. Almost as low as they were pre the SFO announcement. Clearly not as low as before that announcement was given the nod and the wink to the men in suits who cashed in big time. Anyway seems shorters are rolling back slowly.

The whole market is down today. Although this seems to be on the sharper end of the stick.

Hi Pokerchips,

I have more faith in this stock than I do my SAGA or CNA holdings.

I think SAGA I won't see a ROI for the next decade (minimum)
CNA has the potential to recover but would need some stellar results
Lloyds is dead in the water, but at least the Dividend looks secure so potential to recover my losses on yearly income.
888 is a gamble, so could shoot up
BT i made good paper gains on, only to be wiped out at the last trading update

PFC is more volatile day to day that all those above, but that also means opportunities to cash in at a higher SP.

Yes we are 420-430 today, but that could easily be 520-530 or even 620-630 in a few months.

Well bonum called the drop Mark Bell seemed to call the bottom So I would be more than happy for you to call the rise. All my shares are in the red at the moment. Even though I am across different sectors. So a turn back to the positive would be more than welcome. I know investments are long term decisions, but scales of 60-20% in the red are never fun even if you are not planning on selling.

Good luck to you with that SP target, I hope you get it.
But IMHO you should never wait for an ex-div to pay.

In most cases the SP will fall by the amount of the dividend on ex-div day. So you lose little by selling before that date.

But as I say hope you get your exit price. I've moved into Shell for now as short term they still pay a decent dividend and have a fairly stable SP.

This was my one shining light in a portfolio of crap. When I saw the article I had to sell. I was hoping this would be a long term income generator. But had to take the capital gain whilst there was some left. I could be wrong but when the government pays for stuff they don't pay top value. Look at compulsory purchases for hs2. This is all based on a labour win, but I think there are gaining traction and people love the idea of free stuff. Good luck to holders.

I get the nav at 442. Based on febs values https://www.proactiveinvestors.co.uk/LON:PFC/Petrofac/rns/LSE20190228070034_13984511 But either way a share price is not based on asset values alone.

Sp holding pretty steady today. I think overall we are actually up. Rough conversion of 25c equal to 19p. Only a drop of 5p, basically we are up on the day 14p or 3%.

I see the great fall has already started to rebuild. This share does require timing. I too wish I had sold last week, but only so I could buy again at the lower price. I've missed out on a short term opportunity but the longer term trend is still positive.

Read the annual accounts, free on most websites. Personally I think this is just another shorter push. Been here too long to worry about a single digit fall, after experiencing 50% falls that recover in a few months

I thought that at 110p. More fool me. Set adrift for a few years now I suspect

I know we should remain emotionally detached from our share holdings, but it's hard not to love this share. A bit of stability into the ex dividend is no bad thing