Member Info for MaryBr190

Remind me of when Next shares were 2p/3p and guess how that worked out 💪.

Hmm plenty of upside reversal.

BARCLAYS CUTS PETROFAC PRICE TARGET TO 1,655 (1,800) PENCE - 'UNDERWEIGHT'

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JPMORGAN CUTS PETROFAC PRICE TARGET TO 1746 (2215) PENCE - 'OVERWEIGHT'

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CITIGROUP CUTS PETROFAC PRICE TARGET TO 1,525 (1,600) PENCE - 'BUY'

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HSBC CUTS PETROFAC PRICE TARGET TO 1,225 (1,300) PENCE - 'NEUTRAL'

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GOLDMAN CUTS PETROFAC PRICE TARGET TO 1516 (1577) PENCE - 'BUY'

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EXANE BNP CUTS PETROFAC PRICE TARGET TO 1,350 (1,600) PENCE - 'NEUTRAL'

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CANACCORD CUTS PETROFAC PRICE TARGET TO 1,500 (1,600) PENCE - 'BUY'

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LIBERUM CUTS PETROFAC TO 'HOLD' ('BUY') - TARGET 1,380 (1,550) PENCE

Forthcoming (autocorrect is 👖)

Https://research-centre.barclays.co.uk/shares/petrofac-ltd/broker-views/

Although somewhat on hold atm (the price targets are pleasing & worth a check if the resolution is foreboding.)

LSE need to fix the autocorrect.

Only lovers of PFC ❤️❤️❤️.

Try harder KPA, you are probably a KFC lover.

Lol I do not use the filter.

Patience, tolerance & kindness is much M-O.

A revision due when Aiden delivers 🐇🎩🧙‍♂️.

More up to date

https://www.fitchratings.com/search/?query=Petrofac

Https://www.fitchratings.com/research/corporate-finance/fitch-revises-petrofac-outlook-to-stable-affirms-idr-at-b-27-09-2023

Dogger

Bit confused here is it 0p 5p 8p 20p bust? Schizo Saturday ?

disorder that affects the way a person thinks, acts, expresses emotions, perceives reality, and relates to others. Though not as common as other major illnesses, it can be the most chronic and disabling.

Guess that is what the filter is for.

What's the collective name for an o-rgy. of shorters that arrive en masse on a Sat night?

Yaps ( not maps darn autocorrect)

KPA

If you read my pfc history you would see the nonsense you spout and how inaccurate it is regarding my holding.

Still don't let that get in the way of your blatant bias.

🔥🚒🧯👨‍🚒

There will be a lot of fires needing put out soon. When that happens all you maps will vanish.

🔴 RNS beware.

Https://www.fitchratings.com/research/corporate-finance/mobicos-disposal-of-north-american-school-bus-business-could-offset-slower-recovery-16-10-2023

"some 1,700 million euros"

Would do wonders to the SP !

As a patient investor it will come good and the dividends will continue albeit rebased lower.

A summary of what we have been told recently, results due around end Feb / early March. The notice of the results should appear around 9th February. News of continuing improvement expected and also more about the Alsa 7 year Porto expansion into Portugal.

Dividend expectations of 3.6p at FY

At the moment, analysts are projecting a fall in the dividend next year. This is likely comprised of a payment of 3.4p in May 2024, followed by 1.8p in the autumn. For 2025, there’s an expectation of 3.6p and 1.9p.

Potential of a special dividend if the Sale goes through ?

At the HY results

Dividend

The Board has announced an interim dividend of 1.7p, which is in line with our previously communicated policy

that the Group’s interim dividend will be set at a level equivalent to approximately one third of the prior full year

dividend.The Group’s policy is to maintain a dividend cover ratio in excess of two times.

Q3 update

FY 2023 EBIT now expected to be in the range of £175m to £185m

Strategic decision taken to prepare the North America School Bus business for disposal

In line with the Group's commitment to disciplined capital allocation and deleveraging as well as its focus on future return-enhancing growth, the Board has undertaken a strategic review of the North America School Bus business. Whilst the Board believes that that business is now strongly positioned for continued recovery and long-term growth, it has also concluded that the demand for high quality, infrastructure-like businesses presents a potentially compelling opportunity to deliver shareholder value through a potential disposal. Such a disposal would accelerate our deleveraging whilst enhancing the Group's financial flexibility to focus on opportunities with higher return potential. As a result, the Board believes that now is the opportune time to consider such a disposal and has therefore appointed advisers to prepare the North America School Bus business for sale, with an intention to commence a sale process in early 2024. Further updates will be given as and when appropriate.

S n T

Have always found Pokerchips to be straight up and true in my interactions with him over the years. Don't shoot the messenger.

A no brainer it will hit £1, the next day could be +/- 30% but £1 will be hit I have no doubt.

Seems to many that support fir pfc is everywhere.

Banks with support this company too.