Member Info for MaryBr190

50 million - where did this come from?

Date Open High Low Close* Adj. close** Volume

26 Jul 2024 13.00 22.00 12.45 22.00 22.00 7,291,120

25 Jul 2024 12.69 13.14 12.56 13.14 13.14 3,751,570

Kitty,

Here's hoping.

Most shorted stock in UK could be about to rocket.

Kpa

Good evening. What brings you here for the first time since 20th June?

I wonder. Oh yes, panic after the RNS.

Is the tag team on overtime?

Patience Paul.

Go find a couch for your frustrations perhaps?

The plan seems to be to shift the SP sharply northwards over the next weeks before the dilution which will reset all to propel PFC to success.

@Paul

Perhaps you are. Read the threads to see what has changed. Read the RNS. Pretty easy to understand.

Interestingly you broke into your Fri evening to post for the first time in weeks. Did Tony wake you up as he needed support?

Must have been a shock to you both at 1602.

You will have a busy Monday trying to burst the PFC bubble but guess what, you are not in it for the shareholders.

They will be ignoring your posts and watching the short squeeze scramble at 8am.

Enjoy your weekend. Aiden has a plan.

Mx

PFCVetran

Media were saying they would lose the contract but yet they have sorted it with commitments that the purchase bought into.

Good for the company no matter which way you look at it so hard to see doom in the RNS.

We do not know what other RNS's are yet to come but surely it is cause for relief, if not pure joy. I do not understand your negativity here this evening.

Monday may be back to 12p or up to 32p - it certainly is not a bust.

Perhaps there has been an investment in the company from another source. Plenty of Saudi / Adnoc contacts with loads of cash.

Happier tonight surely than this morning.

Enjoy the rollercoaster and have a great weekend.

Mx

Official close.

Bid / Offer

19.00 / 22.00

https://www.londonstockexchange.com/stock/PFC/petrofac-limited/company-page

22.00 67.43% (8.86)

PFCORD USD0.02

Track 1 instrument

Open / Last close

13.00 / 22.00

High / Low

22.00 / 12.49

Bid / Offer

19.00 / 22.00

Special Condition: -

Trading Status: Normal - Post-close

FTSE All-Share

As at 26.07.24 16:54:35 GMT - All data delayed at least 15 minutes

A bit of positive press over the weekend will make Monday a storming buy. Had added at 12p ish and mms would not give me a trim as they are protecting the shorters.

Let's see Monday - Christmas is coming early.

To me this means all sorted if they can convince them to not to walk away. Good news and back to the glory days.

20p + finish?

Https://wallpaperaccess.com/full/1569569.jpg

Shorters are already away for the weekend - well played Aidan de Brummer.

Magician & legend

🐰🎩🪄🧙‍♂️🔮

Press Release

26 July 2024

PETROFAC CURES CONTRACT DEFAULT ANDANNOUNCES EXTENSION TO FORBEARANCE AGREEMENT

Agreement with key EPC customer

Petrofac today announces that it has reached an alternative agreement with a key customer with respect to the performance guarantee requirements under that contract.

The agreement cures the default notice received from that customer, which required a performance guarantee to be posted by 16 June 2024, as outlined in the company’s 2023 accounts.

The Company continues to require performance guarantees for certain of its other recently awarded contracts. Further announcements will be made as appropriate.

Forbearance agreement with noteholders

The Group has extended its existing forbearance agreement in respect of the non-payment of the interest coupon on its senior secured notes from 25 July to 23 August 2024.

The forbearance agreement is entered into by an ad hoc group of noteholders representing approximately 47% of the outstanding senior secured notes and certain other acceding noteholders. It provides assurance that these noteholders will not take any action in respect of the non-payment of the coupon until at least 23 August 2024, providing additional time for the Group’s financial restructuring to be progressed.

Further announcements will be made as appropriate.

Cheap as chips at 67p yesterday

The Rank Group Plc will announce its preliminary results for the year ended 30 June 2024 on Thursday 15 August 2024.

Date Open High Low Close* Adj. close** Volume

26 Jul 2024 70.80 72.00 70.40 70.40 70.40 83,787

25 Jul 2024 71.00 71.00 69.40 70.40 70.40 339,602

24 Jul 2024 71.00 71.70 70.60 70.60 70.60 62,995

23 Jul 2024 71.20 73.00 70.80 71.20 71.20 104,211

Yes - it does not make sense other than to add here and continue as it drops - as we know PRU spikes up on news re China etc.

The 850p this morning raised a few eyebrows here. Almost spilt my morning coffee.

Carvegyber

Never traded silver before - which platform do you use or it it CFD?

Here's the chart ?

https://uk.finance.yahoo.com/quote/PRU.L/?

What just happened ?