Member Info for shamI89

But I reckon this could be undervalued, too early to say but if results are better than market's expectations and these renegotiate 30 millions and then it is really cheap at 13.5.Right now, we dont know what is happening.

They need to pay 30 millions in March next year and trying to restructure this.As far as share price is concerned it is not traded very often and small volume is needed to drive the price up and down.Market Capital is about 10.5 million and this company made 12 million profit last year but too risky until full picture emerges.

we dont know the figures yet and market does not like uncertainty. Hopefully Results on 23 would clarify financial situation.Net debt was 26 million and pension defecit was 27 million last year.

Fear is driving the price down as they are still trying to get refinancing done. Update on 23 would clarify that hopefully.

I dont think, it is alive as it would not have taken them nearly 16 months to process it.Fact is regardless of whatever PF says without Trump's approval no country can do buisness with iran.

Not really , do you want me to go through ferry service and Darwin fiasco. Many long-termers including you would remember that

Given past track-record I am expecting to hear something really soon, but lets see how it goes from here.Unlike previous contract , this time it is straight forward , we know the country , we know the port and we know it is functional from 2 July. What we dont know is magnitude of this contract and official signing date and hopefully we would get these in RNS.

One good thing about this company is that it always sticks to deadlines so we would definitely hear something about this contract within 30-40 days timeframe. I am 90% sure that company has got the contract and signing it is a formality. As far as iranian airport is concerned , none of us thought that airport in question would be iran , many of us thought that it is Oman .PF is not trustworthy , there is no doubt about that.

manage to the port contract, what sort of revenue are we expecting?

There is no point in arguing , 30-40 days timeframe is not far and we shall hear something very soon.I do think that factors which affected iranian deal were beyond company's control , but PF was not being honest about it as deal.was dead moment Trump imposed sanctions.AGM statement was released on 18 and today is 16.

one good thing about this company is they have been sticking to timeframe.I remember these lot releasing a RNS just on very last day before breaking up for Christmas.Ghana contract is big one and official confirmation would be with us this week or later.

was a key date and if things have got to draft contract change then everything is pretty much done.We shall hear about it very very soon.Saudi JV is being overlooked as Hazar Group is everywhere in Middleeast and has an extensive netowrk.Market no longer trusts PF and it should not after past fiasco.

I think that Iranian contract is dead, if they had a solution they would have gone ahead with it.

we may hear something next week but most important thing is that PF would gain investor's confidence once again if he gets this contract.

last stage where both parties examine proposals and then negotiate terms and conditions which need modifications before final contract letters are exchanged.

and according to that opening today would be ceremonial and port would be fully functional from 2July.

Some buisness through this partner then potential is huge.

I felt the same when they announced that they have received "LOI" from a middle east country

lets wait and see.I remember sp shot up to 300% but those were different days.I hope that company lands this contract this time.

that contract gets signed and delivered on time.Problem is given the past experiences market is no longer willing to believe pf anymore.