Member Info for Nacho99

Share prices go up and share prices go down.
No one makes us buy a share and we have to accept we can lose money as well as make money when we buy a share.
Personally, if I was holding a share I thought was going to go down, I would sell and cut my losses (or cap my profit).
Some people need to stop looking at the daily share price and winging.
Good luck to all other holders and lets hope tomorrows results are good and give a nice move up to the share price.

Asset sale will !

That's nothing. ITV is 20% of my portfolio.

This move for PCF to the FTSE250 is not because of the reshuffle.
It's because Ferguson is moving it's listing to the US.
Ferguson will be replaced on the FTSE100 by Harbour Energy.
And PFC will take Harbour Energy's place in the FTSE250.
End result is the same but just came sooner thanks to Ferguson's move.

That would be very nice. Would that mean they would also own part of Britbox or is that a separate entity?

An hour and a half into trading today and Wood is holding up well in a very down market. Wonder if it's to do with Citigroup's 400p Reiteration or asset sale looming that is helping today.

That would could cause a nice short squeeze.

Hopefully a rogue trader who is about to lose them a lot of money.
The share price is creeping up nicely and can only winder how it will pop when a sale price is announced.

Wood is set to announce an asset sale within the next 9 weeks and also got about 3% shorts that need closing out.

Early May would be good. Less time for the shorts to get out that way.
Will be nice to finally get an actual price from Wood.

Creeping up nicely today. Wonder if sale news might be about to come out.

Results out tomorrow.

Don't forget to mention a possible short squeeze :o)

I think it's about time someone started to talk about a short squeeze :o)

I hope BlackRock are having fun.

Gone to the Hyve board.

There is no stamp to pay on this share.
It's all about where the registered company is based.

I hope in the next 3 to 4 weeks if not sooner.
What the market reaction will be is anyone's guess with the market the ways it is at the moment.

With ftse100/250 both down nearly 3.5% today many decent stocks are being hammered.
My view is that anyone looking to buy understands the market and wanted to buy for future potential.
Yes the Russia/Ukraine conflict has caused prices of many stocks to crash over the last week but it's a blip.
The future potential remains the same and maybe is even greater if the world decides to lock out Russia.
If anything, I believe the asset Wood is selling is worth more in the long term now than it was before Russia attacked Ukraine (compared with the stock market value).
Wood can easily hold of

Oil has shot up because of Russia invading (Sorry Putin, I meant "special military operations") Ukraine.
A spike will not make companies invest over night because it takes years for a project to go from bidding to completion.
With the ftse100 and ftse250 down nearly 3.5% each, that is going to have a bigger effect on todays share price than oil price.
The conflict in Ukraine may last a few weeks or many months but you have to expect PFC to follow the market until in shows contract wins. Over the next few years and with contract wins, PFC has massive potential to outperform the indexes.