Member Info for Paddyboy1

haha, yea & oil is dead says Greta. Try telling that to those queuing at the filling stations a few weeks ago. SFO is behind PFC & clients are interesting in their expertise in the field & competitive pricing. That is all. PFC share is being played around at the moment. The shorts are gone. This is going one way only in the near future. No time for any panic. Sit on your hands here & WAIT. Simple as that!

Gazprom don't share your views either!

Personally i expect the ADNOC suspension to be lifted this side of Xmas. Optimistic yes. We'll see!

PY, the shorters who've been caning this for years clearly don't agree with you!

Agree LeeRex. The few penny daily movements over the last couple of weeks should be ignored. This can & does move 40-50p in a session when it wants to!

As far as i'm concerned, i was sat on a huge loss here in March after the ADNOC. I just bought lots at the sub £1 crash prices. It all turned into a great profit as i sold the lot in the 140s in June. This is history repeating itself but the difference now is that PFC is a totally different beast now. It was a hugely risky investment earlier this year. It is very low risk IMO at these prices but potentially multi bag rewards in store for anyone prepared to have patience & hold these firm for a few years if necessary. Anyone who's been in on this share for a while knows these are all games being played. Just take advantage while you still can & ignore all the noise!

what's good enough for Schroders is good enough for me!

well, i'm quite comfortable for this share to dip to 120 or lower. Who cares? just buy the bargains when they're available @such stupid prices. So long as you have an outlook a bit longer than a few hours or days, at these price levels it is just free money for anyone with any patience to hold for a while. The dust will all settle down in a week or 2 & these levels will be very much confined to history!

When the shorts close out it means an end to the constant manipulation of the SP to suit their agenda. The SP becomes more rational as it is dictated by genuine supply & demand. It does not necessarily mean the SP will rise by loads but the very fact that a short is closing (multiple shorts in this case) indicates they do not have confidence in their ability to keep the SP under control!

Monkey, just ignore those silly posts. He'll just write any old numbers to make it look good. Look at the post history. Just jumps day to day on BBs where SP takes a tumble or rise or whatever. Look last week or so Metro bank/Purple Bricks. This is just someone who annoys various BB's. Bullied at school i reckon so wanting attention. Best ignored!

Wow shorts almost disappeared altogether now. Happy Days ahead here!

Very pleased with today's performance. Hopefully puts to bed all the 'going to offer price/going below £1' doomslayer, cheapskates. Let's be honest it's been a torrid few weeks really after the great news of SFO stuff done with to then have the SP tanked by the capital raise stuff & i suspect a lot of peeps got caught with their pants down by it all!. Ne'er mind as i see it the dust should now settle here & all headwinds are now out of the way. I really can see no real company specific negatives here which should hold this back from an upward trajectory. Once overall market sentiment turns positive this should really fly. For now i'm keenly awaiting the ADNOC suspension RNS which will spike this by at least 20% or more. Feeling very relaxed about this one now! GL

Always strange how the sentiment changes so quickly on these BBs. Prior to the capital raise announcement, £2 & beyond was seen as a mere formality within days. The CR changed sentiment so quickly. It always does on every share where i've seen a RI or OO or whatever. In a couple of weeks all the capital raise issues will be in the rear view mirror. I always saw the equity/financing issue as the last headwind facing this share, post SFO resolution. PFC now has a clear path moving forward & i can think of no great issues here bar the general poor market conditions currently prevailing. Iskander gave huge hints in the webcast that the ADNOC/ME suspensions were coming to an end very soon. What will the SP be when that RNS drops?? A fun week ahead for sure. Hold your shares tight. This is only ultimately going one way . We all know that!! GL

I've been following this stock over the last few months. Ever since the big surge up to £45. This is an amazing fall from grace but now seems to be entering obvious potential buy territory. I can't see any immediate bounce here unfortunately & i think the falling knife hasn't finished it's descent. The delay to results is a big red flag for me & once they're transparent i'll probably jump in here for a few. Too much uncertainty for now & really not enough clarity on how these contracts with US Defence actually work & how much of the company's cash is tied up in what is now looking like a possible non starter. I'd expect this to come good in time but uninvestable at this time IMO. GL

A lot of talk on here suggesting the SP will tank on Monday due to all the OO shares now being tradeable. I'd expect volatility here for sure, probably for a day or 2. This fear abounded during the IAG RI & lots of talk that there would be a big off load & it would tank to 50p etc. That never actually happened in practice & as i recall those shares actually ended the first day of RI shares trading at about 110p.
Just ask the question really. Why would people buy the OO shares just to sell them straight away for next to nothing. Remember they needed to hold 4 full priced shares to qualify for that 1 discounted share. So to sell it at say 130 isn't actually a profit due to your other shares being diluted in value.
Personally i would expect the shorting HFs to try to drive the price down first thing to create some panic & facilitate them exiting their short positions.
We'll see come Monday but i'm holding tight here. This will start it's inevitable ascent very soon IMO. GL

Volume over 8m today. Definitely some short shenanigans gone on here!

Well, it looks like at some stage this afternoon they've dipped this to 115. I expect to scoop up all the stop losses at nice cheap prices to enable shorts closure cheaply. I'd expect this now to rise from Monday.

Mr Ya, Let me explain in as simple terms as possible. The current SP has more than factored in the new number of shares being issued (the dilution). The SP is dictated by supply & demand. The number of shares in issue only matters if people are selling or buying them. So, for example. If PFC decided to actually issue 1 billion new shares on Monday at 115. The price would only drop if the new holders of those 1 billion new shares started selling them. If noone sold any of those 1 billion shares but people wanted to buy them the price would rise higher than 115. The SP is the point where supply of shares & demand for those shares meet! Do not invest in stocks & shares if you do not understand this concept!

Stew, i'm sure you understand my negative tones here. I'm in this for quite a few bob & well underwater. However looking at this over the last couple weeks i do think things seem to be happening for the good here. The placing shafted me good & proper on top of the results shafting but i can really only see this improving over the next few months. I reckon the ones who've bought in big on the placing are shaking up the BoD here. No way has that CFO left voluntarily. Hatchet job for sure!

Definitely been pushed! fallen on his sword. Good riddance. This needed a shake up. So soon after the placing & colossal fall in company value. Hopefully could see a change in fortunes although the market normally responds badly to this type of stuff. Mind you, i've sort of given up on this as a white elephant share now!