Member Info for Paddyboy1

you have to be convicted to be fined! A judge decides. PFC have to be charged with an offence first. Would you pay $1bn for something you haven't done?

not bothering with this twat again!

A far superior credit rating than RR no less. Of course JTT et al don't research these things Probably thinks RR is good investment as he like the cars (Dinky version ones of course)

He's heavily down on them too. Bought RR @120 day after PFC dip. Nettles the cat told him to buy them LOL!

Agree CSB, everything here is clouded by the SFO saga & lots of bottom feeders trying to dull sentiment as they are gagging to get this but want it to go lower. I think this has bottomed but you can't tell with this one due to the shorts ravaging it. Nonetheless i believe anyone who jumped in at sub £1 prices will reap great reward over time. For me the results will be key & i'm sure will send this north. the figures won't be great but i would expect to see strong liquidity ($1bn+). This will reassure the wider market that the company's financially secure to get through this dry period!

i personally get the sense of a Dutch tulip style bubble due to burst horribly with a lot of these newer vastly overvalued companies. Market is becoming rather crowded!

i understand your point Poker but i disagree. The market is flooded with these companies. Using McDonalds, Amazon or say Facebook as comparators here is bit misguided i think. Those companies were trailblazers in a brand new untapped market as is Tesla in the EV arena. Deliveroo is replicated quite easily but is also a completely unproven business. Still making losses despite lockdown which you would've thought would grow revenues hugely. IMO it is a company with no USP to offer investors. Coupled with the employment law issues I was surprised the price held up as it did. I believe it will tank down much further as it is really an overhyped nonsense IMO. We'll see though. These are strange markets!

This has been brought up on the board before BH & IMO it makes a full prosecution of PFC highly improbable as all of the bribes were in foreign jurisdictions!

The markets are just increasingly bizarre IMO. Just look at this Deliveroo nonsense. Even with the shares tanking it's being valued @5bn+. Absolute crazy. For what? a company which has an app & delivers food on couriers. Unsustainable business model with absolutely no barriers to entry. Completely absurd. Then you got PFC a long established specialised business value at little more than some unknown AIM company! Utter madness!

fair enough, accepted it's a bit of a guessing game as the share has serious shorting interest hovering around. I don't think they'll push it below the 90 without some more bad news but keeping a bit back for any further adds as i'm convinced this will be well on the up post results!

but you still want to buy them, that's clearly obvious!

Gary. I think reputational damage accounts for why this share has fallen from £9 pre SFO investigation to 96p today. Don't you?

This will be back over £1 come next week when everyone starts filling ISAs with bargains!

all old news!

With the £300m cccf loan the finances should look well solid come results day

to add to their $1bn equity pile. Always prudent to keep the balance sheet solid!

I'm amazed also how an aspect of PFC's business which i never recall having ever being mentioned on any of these board's comments has now when sold suddenly become the 'family jewels'. Utter BS. Like most oilers (BP/Shell etc) all companies are rightsizing, reducing headcounts; reevaluating business models. That is what running a company is all about!

Gary, i understand you sold out here. I believe you want back in here but obviously you want a lower price. That's fair enough. we all want low entry points. You say this sale is a red flag. You also say delayed results is a negative. Please justify why you say these things other than to deramp. None of us know the terms of the training business sale & large companies sell parts of their businesses all the time. Nothing new. Results delay. Explain why a company would deliberately delay results. What could be their possible motives. The simple explanation is the one given i.e we have a global pandemic & companies have been allowed extra time to prepare their results due to C19 restrictions & loads of companies have done just that!

Dogs, i been following this for last year or so but researched back way further. As someone who's been through the trials & tribulations of this SP since flotation i struggle to understand why you can't see huge value in PFC at these low levels. I've looked back @some comments on this board from way back pre covid when the SP was 650/700 levels & a number of the commentators are still going strong on here to this day. Yes, the Global situation has changed in so many ways in the last couple years tanking this SP down to these lows. I see this as a huge recovery play. I don't expect a huge overnight transformation in the fortunes of the business. The recovery will be slow & protracted. Yes, there could be some big drops & some big spikes on the way as there are quite a few factors involved here. The fundamental, core business here though remains the same as i see it. A well known capable player in the O&G support service arena. I believe firmly that PFC will weather the turbulent storms thrown at it from several angles & as such am significantly invested here. The recent comment of 'fire sale' is bizarre relating to the training function sale. None of us know the terms of that sale yet. Hopefully an RNS will shed more light. Businesses sell off various assets at various times for different reasons. To use the term 'fire sale' in the context of a company with $1bn of equity is really nonsensical & just someone desperately deramping the SP. I note that Mr Snapper only comments on this share when it's at a low price. He strangely hibernated between November & now. Disingenuous & also claims to be some sort of Oil expert. Total tosh!

lots of non holders here. Itching to be in here at low prices. I think the boat will be well sailed away next week! Lots of people who missed out shaking their heads in anger as they watch another profit sail away for the sake of a hapenny!