Member Info for MaryBr190

Https://edition.cnn.com/2024/10/01/politics/iran-missile-attack-israel/index.html

IC write up not inspiring much hope for shareholders, Creditors and bondholders ok. Shareholders wiped out.

Usually IC get is all wrong :)

Poker

Fear BUY

Greed TRIM

Rinse & repeat

Mx

Seems like a good reason to add

The drop that refreshes. Holding off to readd sales as usually start too soon. MArkets are peaking, election worries and only on Iran blast away from 420p again.

Https://www.woodplc.com/news/latest-press-releases/2024/wood-to-operate-and-maintain-one-of-the-worlds-largest-plastics-recycling-facilities

Right at the end they replied to part 1 but did not ask part 2. Still where there is life !

Only looking at $100m of refunding due to alternative arrangements re guarantees, did I hear that right ?

Stinker of a question submitted, let's see if they dare reply

Seems we will expect further announcements before long and the court date follows on.

Years ago yes but averaged way down sub £4 and turned the position around. Looking back around 550p or lower.

Looks like the music stopped for now

On look the dead cat has turned up.

It is either Zero or Hero now. Widows & orphans fund.

Never advice PFCvetran. I will continue regardless although going concern concerns.

Buy the dip for a trade

Https://www.bnnbloomberg.ca/investing/2024/09/27/petrofac-creditors-agree-to-convert-majority-of-debt-into-equity/

Just seen the rns and the usual suspects comments.

Until we know the dilution and the RI terms it will only be speculation. Other shareholders have to have discussions but it is not a bust so like TUI /RR. etc, subject to funds availability, it should simply another averaging down exercise.

Excited for Monday to see where we are. Plenty of opportunities coming up to right the ship.

Enjoy the weekend and await Monday. The weekend press and press next week will cover it better than partisan posts here.

Mx

For me the only decision left

Added all the way down to around 450p in March although lightened up too soon, but got back in control again at last. Easily see this at 550p again on the next sell off and may pick up some again if the news is good.

Over & Out for now what a mad ride