Member Info for onsolidground

Just remember what Berenberg said when they batted both sides of the same wicket nd placed PFC under review to avoid litigation claims.

"Alternatively, if the company is able to overcome this liquidity crisis, we believe the outlook could be brighter and valuation would increase significantly," said the analysts."

Things are just getting started.

The last ones in oilheadgame have been well and truly frazzled and will have more suffering to come in the days and weeks as the bonds in theory don't need sorted until October 2024.

I did say I feared for those late arrivals and a lot of them spreadbetting on margin will have been stopped out at ,massive margin.

After this mornings RNS it's quite clear PFC is going to be around for a very long time so sadly all short bets are off.

Should do oilheadgame

There are hundreds of millions of shares that need to close and we are only getting to see a fraction of the trades due to auction after auction as the demand is huge.

Hopefully see 40p by the 8.30a.m. analysts call.

So much closing to happen

??

Merry Christmas everyone...

"The Consumer Prices Index rose by 3.9% in the 12 months to November down from 4.6% in October, well below expectations of 4.3%, figures from the Office for National Statistics showed. "

I wouldn't be selling anything on the Uk stock market right now as we have a lot of catching up to be doing with the US.

Just shows how behind the curve Bailey and the BofE have been.

All points to cuts in interest rates

???

Personally I wouldn't be selling a bean

It'll be 30's by the time of the analysts call Garydav2 imvho

Was priced to fail but those crucial performance bonds are dropping into place 1 by 1 and PFC is working nicely above their covenants

Bet you feel sick as a parrot that you sat on the sidelines mate !!!

I honestly don't think I have met a more unlucky trader in all my life. There has been so much money to be made here and you've missed out. The bigger rewards normally come to those that have a degree of patience and discipline.

"The Group has continued to maintain liquidity above its financial covenant".

Indeed interesting day ahead. 2 full weeks of wasted time and posts by some and where's that pr 1 ck that like a broken record was repeatedly posting on here that they thought otherwise. Hopefully some come uppance today.

What's not to like in that update. Was priced to fail and shorted down to death with over egged falls. (14.8p ffs was my pick up and how fortuitous was that!!!

One by one those crucial performance bonds are now being issued and more new work coming is coming in. £8 Billion order book by year end. Simply Wow!!!

30's / 40's look to be imminently achievable again as PFC fights back.

Valued at not much more than its 1/10th share in a pipelaying ship, there is a lot of closing that needs to be done and fast and can't see many selling.

Glad I interpreted things for myself and kept my own counsel throughout.

Finish over 22p??

Would set things up nicely for tomorrow.....

Not quite sure what happened there to the full post, but here's the 2nd attempt at posting.

"Well EC, I personally think some of the II short positions have already hedged and gone long between 18p and 21.5p, and some of the ones < 0.5% have reduced or closed and leaving the Retail spread betting shorts none the wiser and having to keep loading up on their margin.

I think on the 4th Dec when PFC issued its last RNS there was between a 5 and 8 point swing meaning you have to be one brave mother chucker to be over leveraged into this next announcement, and knowing talks with Special Situations had been ongoing and the variety of assets that were being suggested as for sale.

But GL everyone whatever side of the wicket you prefer to bat.

Laughably only a few weeks back and after a good set of results this was 450p

Now it's done me proud but who in the City has made an absolute packet out of treating this undeservedly so like a punchback and yoyo'ing it back and forth?

Well EC, I personally think some of the II short positions have already hedged and gone long between 18p and 21.5p, and some of the

Linkedin + thg

At a market cap just a bit more than a 1/10th stake in a pipelaying ship nobody is being tempted into selling. Rightfully so imvho. So if anyone wants to buy in the market, to say limit their exposure, then they have to pay the going market rate.

Its 3 Prizewinners each getting £50k - In Equity.

Doesn't say though whether its equity in THG or Kelso. Lol.

That's given MM seems more supportive of the Kelso share price with his purchases there rather than any purchases or indeed actions to assist the THG share price.

One way or another, something has to give.

They don't need to get the full value of the assets.

They are presently valued at just more than their 1/10th share in a pipelaying ship.

How much for the huge North Sea O+M??

Go figure....