Member Info for Neversellshell22

Yes, that’s the important thing. All things being equal there should be a huge amount of catch up work and new exploration, appraisal and general upgrade work coming up for pricing this year and next.

On top of that there will be Gazillions of new projects in new energies and technology and Petrofac has already done some of these and is currently doing some....

We could be in the right place at the right time ..........

We’ll be millionaires Rodney......

Brent is up about 2% so we could get back on track today....

Another Day Another Dollar for Petrofac......

Good Luck all.....

That’s the staggering cost of upgrading USA energy info structure.....

That not 7,000,000,000$

That’s 7,000,000,000,000$......

“Hello Petrofac, can we help you”..........

I wonder if someone can answer this....

Why do we keep getting told that once lockdown ends the stock market will go through the roof but then get told the stock market has been bullish for over 10 years and a crash is imminent....

I know the UK market is massively lagging which has BP in it and the USA is close to an all time high but it kind of doesnt make sense ???

http://www.tradearabia.com/news/OGN_379340.html

Anyone would think the markets are closed.

So a bit of a poser.....If we get no fine from SFO and the case eventually closes, the jabs work and things get back to normal, Sleepy Joe passed his stimulus package and oil continues to rise to say 75$ a barrel with a year average of 65$.....

What price could Petrofac be on 31st December 2021 ????

Beautiful Day.......

After a bloodbath in the wider markets yesterday will we have a breather on Monday and get back on the upward path....

Lots of nervous people about but that when the big money is made....As Warren Buffet says "Buy when theres bloody on the streets"....And he hasnt done to bad.............

Any thoughts ?????

1.96% Dow which seems reasonable. Happy in the circumstances......

Any thoughts......

Well measured and very sensible as always Boyo....

It’s certainly going to be a bumpy ride in a bumpy world and even if I was smart enough to trade I think it’s to risky with Petrofac....

Heads to a slow and steady rise to 150 for starters.......And then onwards in time......

Great call yesterday Darren....

The fundamentals are still in our favour and to be fair a day or 2 breather isn’t really an issue...

COVID is still being defeated and the world getting back to normal.

Oil and gas exploration has been massively underfunded in the last few years which must be reversed.

Massive investment is needed in Petrofac specialist area of Renewables.

Biden still has a Trillion dollar plus stimulus plan coming our way soon.

Oil and Gas prices are increasing and most major analysis are predicting between 70 and 100$?

Petrofac is still massively under valued on nearly every matrix and compared to their peers...

None of us know the future but based on the above I think Petrofac is an amazing investment......

Have a good weekend all........

Considering the widespread carnage we are doing OK today....

Cant have Sunshine everyday....

Decent week all in all......

With USA having a big wobble you would expect a rough day butt h knows....

My cup ave full is the Yanks play nicely and I’ll go for £1.33 Finnish today

Looks bloody grim now if across the pond continues.....

Hi Bladey,

Great day after yesterday....

Why do you think the UT looks good for tomorrow...

Onwards and Upwards....

We seem a bit stuck around here....

Any chartist or L2 shed any light please....

You don’t know that at all....

A year ago they were paying people 40$ to take it away....

A year later oil is 67$ a barrel.

A turn around of 107$......

And we aren’t even out of Covid yet....

Point is......Anything can happen.

Good luck

Just looking at our revenue which fluctuates wildly...

2017 6.3 $ billion
2018 5.8$ billion
2019 5.5$ billion
2020 4.3 $billion (estimate taken from 2.1 $ half year)

Now with all that going on where will 2021 and 2022 be....

2021 6.0 $ Billion
2022 7.0 Billion

?????????

There is a saying that history repeats itself...

Well if it does then we will have a Supercycle which is needed to get things on track.

More and more top analysis saying 75 plus dollar a barrel for oil.

That’s because short term there will be an exposition in oil usage as the world gets unlocked.

So to have this explosion we need new oil, gas and renewable infrastructure built and managed.

And to do all that we need.....PETROFAC....

It’s that simple........Not to even mention how undervalued we are....Down from £10 mainly because of SFO investigation....Does that really make sense.....

BUY PETROFAC.......Ps... I talk my own game...Do you own research.....

Morning all,,,

Can any Chartists talk about how tough 132 will be to crack.....

Thanks

So what’s next for us..

Well with a decent finish today and oil holding up well and our current belief that we are under valued....

Why not a £1.40 finish.....

Fingers crossed