Member Info for Paddyboy1

Answer the question Aye, what is your interest here if no skin in the game? why are you devoting time to this board if you don't have a vested interest?

Why are you so interested in PFC anyway Mr Aye if you've no skin in the game? Another Josh Smith!

shell company!

SFO outcome will be either: 1) We're going to charge PFC; 2) We're not going to charge PFC; 3) (most likely) we haven't got any evidence against PFC but we want some of their $1billion equity so we'll drag this on forever unless they agree to pay us a few quid!

yes agreed danny. let's just say it's worth a conservative $100m. It puts the mkt cap in perspective. I can't help comparing this baby to CF. Look at how that's boomed & all the crap that still waiting to kick off there!

steady on guys. that is not new news. dates back to last year. Positive stuff but i suspect a long winded thing too!

Clickit, it's all part of the game, and that is the fear which the shorts play on to drive the price still further down. Of course people think 'what do they know that we don't?' The probable truth is nothing but they play on that psychology of fear which prevents people buying at these cheap levels & some panic selling enabling the shorts when the time is right to turn the table, buy all the cheap stock & the SP shoots up. Seen it all before. Think Cineworld; Hammerson; Tullow. All the same gig really. Looked distressed but shorters played the game on them!

Clickit, Like myself you intend to hold long term. I will be filling up an ISA in the new tax year with these. The ISA ones i will leave & hopefully in a few years dividends will return to this share. On the short increase issue i can't give a definitive answer although dannyr has alluded to the oil price. I'm invested heavily in BP along with this so i follow the oil shenanigans quite closely & have noted the shorts are back in on BP as well! The OP is fluctuating so much IMO as it is being falsely propped by OPEC. Therefore could quite easily tank on an intraday basis. It could also of course rise just the same. I believe the shorts here are playing a very dicey game at these low price levels & i can see them reducing very soon. My belief is that anyone who is prepared to commit cash here for 3-5 years will do well. Short term/day /swing traders could see a bumpy few weeks coming up but i'd be surprised if it dropped below the 90 floor which is now been set. We'll see!

The slightest of good news dropping on this share will send it up. The shorters are what is holding the price down. They will close out on the sight of a decent RNS!

Clickit, i think the 'risk' in this share has been massively overblown by media et al. This is a very large business operating in quite a niche market with really only very few big players. PFC is very solvent. No cash or liquidity problems. The issue is all around this SFO stuff which is damaging reputation & therefore affecting new & ongoing business. As i see it that is the only issue & PFC have always denied any wrong doing. Once the SFO issue is resolves whether via court or a DPA style agreement this share will begin the steep climb back to it's true value. All the negative garble i hear on this boards, i've heard it all the time. I bought NEX last year in August last year at @140 when it had just dropped from 180. It continued falling to 111. People saying it was going bust, going to 50p etc. Look at it today, 320. Same with Barc, bought @90; RBS, bought at 101; Melrose, bought @94p. Nearly bought CARD other week for 30. Look at where they all are now. The same will happen here. There is nothing wrong with this share. It will come good again like all the others have. People just need to keep calm & remain patient!

Glad to see only a few posts as vast majority since the dip have just been skinflint twats looking to spend their giro. This Josh one's the biggest oddball of the lot. Only posts on here. I think he bought this @£17 & has a vendetta as he lost everything & it sickens him to see everyone about to profit from his downfall!

for me at these prices this is just a complete steal & i freed up some capital from another investment today which will be going in here. Lots of talk about tis being high risk etc. I really don't see that, at least not relative to the upside there is here. The company has an extremely robust balance sheet & strong liquidity. It's the SFO issue which i believe is clouding everything for people here. Anyway call it ramping or whatever anyone wants to. For me this is the best value buy around at the moment. Great price there Gary btw!

& the more i look back at historic RNS's the more conviction i have that this is so undervalued & i will be adding yet more tomorrow if it stays below 95!

Slift, there is no mention of a $14bn order pipeline specific to ADNOC in any results unless i've missed something!

Slift, Adnoc pipeline: where did you get the $14bn figure from?

Looking ahead, the Group currently has US$3.0 billion of secured revenue for 2021, comprising US$2.2 billion in E&C and US$0.8 billion in EPS. In addition, the Group has a pipeline of around US$42 billion of bids scheduled for award by the end of 2021, comprising around US$31 billion of E&C opportunities and around US$11 billion of EPS opportunities. Approximately 11% of the Group's bidding pipeline consists of new energies opportunities.

Looks fairly healthy to me!

Nothing disappointing about PFC pulling out of projects if they are not viable. That is very prudent management & i welcome it! PFC well & truly had their fingers burnt on the Laggan-Tormorre project & won't want a repeat of that! Revenue is vanity profit is sanity!

1.5-1.7. Aye you been on AIM too long. Probably makes you feel good to have millions of shares at 0.00000001p. Good liuck on SYME. Great company. How's the SFO FCA or whoever getting on with them? don't see PFC been kicked off the market. You're on a right winner there lad!

Slift, did you have to bring your mates from Tullow over here?

Oil up 6% this will blast back over £1 tomorrow!