Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
Market seems to be asleep at the wheel here. Madness!
Just watch the yanks buy this up this afternoon!
Don't be surprised to see s bidder emerge here now. The pound is weak, oil prices rising, SFO uncertainty gone, company is much leaner, green portfolio etc etc etc.
I can almost hear the slide rule running over PFC right about now.
She's now free to soar after 4 long years in captivity. A couple of years ago they were predicting a fine of $1bn.
PFC has become a long term hold now. Next up - Adnoc bidding back on - then divi reintroduced - then more contracts won.
Enjoy the ride back up to where she belongs.
Time to wade in and fill your boots!
Absolute no-brainer now.
Bransonbull****
One of those who always sells right at the top and buys right at the bottom lmao.
Almighty tree shake going on right now. Hold your nerve!
Indeed, don't let the market makers rob you and the shorters mug you off today.
They will test your resolve but stand firm and refuse to buckle.
This share may have short term ups and downs but the trajectory is now upwards.
Fill your boots under £2
"If your right esecallum why is the share price 174 now? I believe it will drop back a little but what has changed over the weekend?"
.........very subtle de-ramping. Cute.
The shorters have had their fun with this share. Now it's time for the longs to have their days in the sun.
Enjoy the ride tomorrow and don't be daft by selling under £2.
Petrofac is back in business!
Surprised at Darren duffer going short here. Big mistake imo.
I suspect lot's of shorters dreading Monday.
Into the green bin you go.
Getting on my t*ts.
Esecallum, if what you say is true, then take RealitBites trade offer.
No? Thought not (rolls eyes)
Paddy, I agree. However, any pullback will be quickly bought up.
This is now moving from being a traders plaything to a serious investment stock once again (that will pay dividends again within 18 mths). Investment funds will be taking notice again, particularly once PFC gets it's rightful place back in the FTSE250.
I'm glad I've got this Chris dude in my green bin and don't have to read the dross.
The way the RNS reads to me is the fine will be sub £100m.
Petrofac can shoulder that and emerge stronger than ever.
I'm just thankful I'm not short because, barring the short term ups and downs, PFC is now on the road to recovery.
This company is resilient! Look at what it's had thrown at it over the last 4 years - SFO, Covid, $30 oil, loss of bidding rights on contracts, terrible press etc etc etc and she's still fighting away.
Remarkable company! Roll on Monday and a new dawn for Petrofac.
Confirmed.
Case started in court 9 for Lufkin and PFC
This has the feel of a coiled spring ready to explode.
And I guess it's all sunshine and rainbows now hey Paddy.
MM's testing holders nerve right now.