Member Info for neil777

Can't buy 15 quid again but can sell all mine for 2.20p

Off she goes again.

Don't sell on a small drop

I'd expect 2.75 min today and more tomorrow

I can now buy 15 quid but at 2.30p!!!!!

I can sell 5k for 2.065p but can't even buy 15 quid on dummy buy and sell!!

Says it all.. come on 3p

I'd expect 2.5p today and 3.5 tomorrow to be the minimum.

Look at the RNS and look at how it went last time and all PIs know how the spike of 1400%

This will just be the start of contract wins.. Once everyone sees the job these guys can do.

Remember the rise last time came over a few days not all on 3 hours

Just re read the RNS again and see how absolutely massive this is.. and I believe its just the start

Also we know what happened last time and people belive it will again. Do not sell even on a small drop and it will rise over the next couple of days too

Haha BS Gary you have been mocking this share all the time and laughing as it dropped AND now you say you bought and made money.. after the spike...

Non of us know anything for sure and what we type here won't effect the SP 0.001% I'm sure.

There are only about 10 people posting anyway.

However the facts are

● this drop is relentless and IMO unprecedented in a company like this [that's not AIM]

●there has been no bad news leaked

●Brent Oil is over $81 dollars a barrel so performing OK [ish]

●the contract wins were massive news

● this is the most shorted stock in the UK at 11.2% and seems to be increasing

●they don't seem to be going to release any statement regarding SP fall [as per my email reply from James]

Just imagine the spike on the 20th if this was all just down to panic PIs and speak shorts!!

I'll be buying alot if the SP is around this point if all news is OK

Onsolidground

You're welcome and you make a very valid comment.

They don't say anything because nothing is actually wrong!

As I said I personally sold yesterday with a 250 quid loss at 28.44p having bought Monday because the drop is so aggressive BUT also the shorts are over 11% and increased 3% since last week and 3 increased on the 27th.

I have owned in the past when it was 90p and did OK that time.

I will definitely buy again when news is released thet all is OK.

Genuinely GLA here and I hope the move north begins soon.

The reply I got from James from investment relations at Petrofac.

Neil

Thank you for your email.

As I’m sure you can appreciate, I cannot speculate on the drivers of the share price movements we have seen in recent days and weeks, but I do understand the frustration this volatility creates for our stakeholders.

Please be assured that Petrofac takes its market reporting obligations very seriously. We have a scheduled trading update for the 20th December 2023, where we will provide an update to all shareholders on the Group’s performance. In the meantime, our Group continues to be committed to keeping the market informed, via the Regulatory News Service, of any updates, as appropriate.

Thank you for your understanding.

Best,

James

Not much they could say I guess.

The one thing it looks like for sure that there won't be an announcement regarding the share drop.

This could be 10p by the time we hit the 20th if this continues.

Wow all these Petrofac ramprers who are already 50% plus under water are very touchy tonight aren't they!

Bless and I'd guess another 12% down tomorrow

Haha reported!! Pathetic

Explore all the disclosed Short Interest positions across UK markets. Data sourced in real-time from the FCA.

Dive into the most shorted stocks to see which funds hold shorts and how their positions have changed. Scrutinize who the biggest shorting funds are, analyse their main positions and how they have evolved.

This is live data apparently and it has Petrofac at number 1 with 11.22% of stock shorted.

It was 10.5 ish before when I posted

I got out at 28.44p with a couple of hundred quid loss which for the small amount I Invested yesterday was pathetic and I was not happy doing it BUT this could be heading to teens!

I'm out with a 250 quid loss in 2 days... unbelievable for the small amount I invested to lose that %

I bought at 32.50 and sold at 28.44

Something doesn't seem right here and I genuinely hope for anyone in its just shorts guessing but don't fancy being caught and losing all

GLA

Thanks Kenj I only did a Google search to find out if they could give out an RNS of any sort to calm investors nerves

Word for word from an article dated in May!!!

Come on Snapper10 have a day off and go see a doctor about your personality disorder LOL

Petrofac are not actually in AIM Ra11adw2 BUT I see how you would think we are with this SP and the now 22% drop in 5 days

Close period definition

The close period, in accounting, is the time span covering the completion of a company's finances and the subsequent release of those financials to the public. During the close period, insiders are prohibited from trading company shares or making any relevant information public before it is officially announced.

Looks like any release of an RNS would be a very grey area!

Sorry link wouldn't copy to LSE

It shows 10.92 now and 7.48 last month

Petrofac Limited 10.92 7.48 3.44

Kingfisher Plc 7.33 7.41 -0.08

ASOS plc 6.83 6.98 -0.15

Metro Bank Holdings Plc 6.4 6.3 0.1

Hargreaves Lansdown plc 6.24 6.18 0.06

Future plc 6.21 6.22 -0.01

boohoo group Plc 6.02 6.51 -0.49

International Distributions Services plc 5.47 5.47