Member Info for OrangeMoon

Make that 2

Cool story bro.

JG68... No ones interested in your portfolio colour.

This stock is only going one way... (Hint for you, its Up)

Time to get onboard or get off at next available stop... looks like it's going to cost you 15% per day ticket fee.

Choooo choooo!

I also like a balanced view when it's deserved... but what do you now say to the shorters who increased there short on the 20th at 31p?...

Congratulations and champagne to them too?... lol

In complete agreement with you here... As said before, 42p by end of year.

Still holding my 15.6p shares. Wont sell. Still in accumulation phase.

Said by a true Neg head :)

If you told me the sky was blue, I would go out and check.

Any opportunity haha!

Got to give it to them... they are fighting to the DEATH with their 'help me, stop buying!' comments.

Where's that snapper guy?... You should hold him up like your trophy or mascot.

Tomorrow we will see some shorts have reduced (I wonder why) and the house of cards start to fall.

You've lost your fight with PFC... at least leave with some dignity, instead of posting your negative drivel on this BB to try and slow down your impending cremation.

PETROFAC - STRONG BUY

PhatStyle4321... A little snippet from what I reposted to Neil777 a few days ago... He attempted to say shorts were 9% since 90p and having a great Christmas.

"any shorts opens after the 27th November at 31p will be in a loss... which is about 3.74% of them" This was at 32p.

"Over half (More than 50%) of the shorts were increased around start/mid November at around 45P"...

Therefore I think Margin calls will be like a fire licking their n*ts at the minute.

It will be interesting to see how many shorts are still in (alive) after this pounding (Excuse the Pun if we reach 100p before our predicted End of Q2 target).

Tomorrow we will see how many have taken our advice and ran for the hills.

For the remainder that stay or are stuck, my local corner shop looking for staff to fill up the shelves, 0 hours contract and minimum wage. Just DM me, i'll pass on the info.

Thanks for sharing MaryBr190... I'm not on the advfn board but it seems both boards lining up the same ducks.

As soon as finance RNS drops, these levels will be long gone im afraid.

I would hope directors still buy in if they can at lower than there last bonus insentive dealings, however there will be no threads left for shorters to hold onto... meaning 9%+ buy back on free float.

Makes me squirm a little on behalf of the shorts just the thought of it all. And chuckle a little bit too.

A late Christmas top up on it's way for me tomorrow.

Anything between 32p-37p I'll take off any loose hands.

Yawn.

The only people taking a 'bet' here are the shorts.

And it doesn't look to be in their favour at all :D

Yes, those who increased short position on 20th wish they hadn't.

And to go one step further.... any shorts opens after the 27th November at 31p will be in a loss... which is about 3.74% of them. That's alot.

Yes Neil777... good point, but UNO reverse card with your theory...

Over half the current shorts were increased around start/mid November, at around 45p (ish)...

So nice try... but charts don't lie ;)

And infaco... Bad Christmas now confirmed.

Petrofac is a Golden Goose.

Can't imagine anyone with an open short position having a good Christmas at all.

Exactly that Rock8. Shorts are Heavily Trapped Here.

There aren't enough shares for them to buy back on free-float without a serious price incline. They overcooked it.

Those who know this should blast these shorters into the atmosphere. Grab, Twist and Pull!!... for a few words.

Analytical and fundamentals looking good here, the only thing not looking good is any material information supporting the over-reached short positions... which leads me to think the increase is a last resort to slow down for an orderly exit.

With a Santa rally abound, decreasing interest rates, decreasing inflation, increasing the order book etc.. there are so many reasons for these shorts to exit; and little for them to stay around.

And before any negs repeat about net debt and liquidity which has some minor validity, you are one good RNS's away from being embers in my festive fire ;)

Merry Christmas to all!

STOCKBUSTER. Happy to share my insights with fellow investors of PFC.

Hope everyone can take a bit of positive contentment from this and we continue to prove the neg-heads wrong as they lose more and more and things get better and better for this company.

I have followed Petrofac for 10+ years.

There was a period, around about 5 years ago where I saw other companies such as WG make a lot better decisions with regards to where the company's future was headed and diverting projects away from O&G, due to the 2015-2017 oil price drop.

At that time there was also the looming SFO investigation that I'm sure a lot of us thought would be over a lot quicker than it was. During that period, I didn't feel confident in Petrofac's ability to sustain their business at previous levels and there was one RNS they released at that time that made me think of their priorities... which did not align with shareholders (following trends and no real grip on the situation).

Reading through the latest RNSs this year, it's clear to me that they have made some serious changes to that way of thinking, and have built up such a big order book for the future it's clear to me that they now mean business, becoming a real contender in the energy sector once again. There sure has been a 180 turn in strategy done over the past couple of years.

On this basis, I started to take more interest in the company, however was not holding, even as the SP got worse and the company's future got better (the last year and this one). The SP here will catch up again, IMO, it is a lagging indicator of the company's true position and like a lot of things these days, can be easily manipulated by bad press and fake news. Just as the shorts tried to attack and we all seen a bloody steal at lower SP levels. Clear away the fog and the negatives (interest rates, Inflation, doom and gloom, net debt... anything that plays into the media or shorters hands) and you will start to see a clearer picture of the company that Petrofac is setting itself up to be once again.

With news looking more positive worldwide in 2024, I'm sure this is an investment I'll be happy to be holding well into 2025.

I am one of the fortunate ones who also bought in at 15p, however, you will not see me selling any of these and I will be adding along the way as we progress back to a minimum of 70p prior to any positive results being issued by the company next year. I am of the way of thinking that after positive results are posted in the next year, PFC will be upwards of 100p (and more) getting back on track to being a competitor to WG in the sector. I may also hold out for a divi the years following and IMO anyone who get's in at anything around 30p-40p today will not look back. Just better hope you get in before more serious II take control.

On the note's of liquidity and debt, I see these as being a minimum risk from here due to positive outlooks in 2024 and the massive potential PFC has that even creditors can not ignore.

Onwards and upwards, PFC - STRONG BUY.