Member Info for silverfern

More crap about filling your boots. Why? PFC is played like a fiddle. I love all these posts about time to buy as the price is cheap. Top up, Top up and watch MM's swoop in and take everything. This is a complete racket. The honest man on the street hasn't a chance here. I worked for Petrofac for nearly 15 years and bought shares each month through their share-buying scheme, I even carried out anti-corruption and bribery CBT's. Look where this got me, I am sitting on around £40K in losses through my good faith and honesty. How can a company win a contract and the share price drops?

PLAYED LIKE A FIDDLE

Exactly, what chance does the small honest trader have. None! A complete racket IMHO

Petrofac is being played like a fiddle. This a farce!

That would be very nice MaverickD, I have averaged down from £12:40 to £4.85. I have thrown a big chunk of change at Petrofac and also hold a lot of shares that I bought when I worked for them. I am too scared to work out what I paid all up when I worked for Petrofac. I am seriously hoping we are over the worst and we get back to a decent price and dividend payouts.

Patience is the name of the game. Don’t get suckered into selling cheap. I feel Petrofac will slowly increase in value; we just need to get solid contracts. More contracts in the Middle East would help boost confidence. All I.M.H.O

Petrofac doesn’t produce oil, it supplies manpower. We need a contract for this share to rise. Petrofac needs to get into the renewable sector and win some major contracts in oil, gas, for the price to go back up. IMHO the price is where it is due to no major contracts, it will continually be played until something solid appears. All in my opinion.

A Wendy’s, Mmmm pretty much on the money. As for where needless junk is mentioned, if you really have a good look at many a post on any share you will find needless drivel, fuel a market, dump a market. It’s a game. I apologize if my post upset you both, I would have just let it slide. Sometimes you have just got to let it out. Just my opinion, same as the post before from baronbog.
Everyone has an opinion, Chill, a pinch of salt.

The world needs to stop being so greedy and reliant on ****ty cheap products that China and India produce. If India and China want to take dirty Russian oil at a cheap price the world needs to boycott them by not buying their products! Its simple, but the crux is you need a lot of companies and people onboard to make this happen. I know it won’t happen as people and companies are greedy and cannot get enough of cheap products. More more more, we want more needless junk in our cupboards and lives. China are masters at selling us crap and we love it.
Great Britain needs to start manufacturing again, get the lazy unemployed off their asses and working again, get some pride back into their lives. IMHO Sadly the world is already starting to become numb with what’s happening in the Ukraine, the media are more interested in partygate and the cost of living. Again IMHO; Europe, Germany and France will welcome back Russia’s cheap oil once this is war is all over and again the circle will go on. Greed, greed, greed!

Cheers BeerStalker, yes mate it wasn’t cheap, but I am confident in PFC and know where they used to be before all this SFO crap. I couldn’t afford to lose that amount of money . To me I had to average down as I don't think they will hit £9.00 in a hurry. Fingers crossed now. I have never invested money I couldn’t afford to lose but it has been a tough lesson.

IMO PFC are going to go up and down until contract news hits. Consultgreg hit the nail on the head as to the response to 2021 not bad considering... dated Tue 15:59. PFC has been getting played by MM’s for sometime now due to the uncertainty of how the SFO investigation was going to end. It is nearly all over and IMO we are going to be alright in the long term. A lot of damage was done by the SFO investigation and again IMO Petrofac has done well to restructure it’s business and appoint the right people in the right places. Don’t get me wrong there is a long way to go but once the contracts start rolling in as they have done in 2021 we will head in the right direction. It has been a tough few years and now this **** is more or less out of the way IMO its all to play for. The contract news for 2021 has done nothing to PFC share price to date and IMO this was down to the ongoing SFO investigation. I am hoping for a steady rise over the next couple of years, I am in it for the long haul as I am holding from averaging down from £9.00. GLA, we all play this game in our own way and I personally laugh at most of the crap posted on this forum. Don’t let bloggers get in your heads. To much speculation and dishonesty in this game. Do your own homework and do your own thing. Come on PFC lets make 2022 a great year. Again GLA!

Where has the Doom Monger gone! I haven’t seen Snapper post in a couple of days.

IMO once a share gets to a certain point/price through some sort of carnage in the company the market movers have a field day and can manipulate all they want. I am in this for the long term, I have to be as if I sell at the price I am holding at I will get an utter kicking. I dont understand how the market movers work. PFC were a fantastic company and can be again. It is an utter shame for all concerned that we are in the position we are now in, crazy world these day. People like Snapper don’t help. Big babies who constantly cry are not helping with positive sentiment. Just got to ignore idiots and make your own mind up from experience and homework. Of coarse luck always helps. GLA.

Snapper you won’t offend me easily, this is last post I will be submitting that is directed at you. I feel sad that you vent your dislike so much and so many times on this board. We all know you hate Petrofac, but it was not the fault of 99.9% of the Petrofac workforce or private investors. We all know David Lufkin has pleaded guilty. Let’s see what else comes of the case. We all can see the share is suffering due to the ongoing SFO investigation. By the sentiment of others on this board I am not the only one that somewhat dumbfounded and bored with you remarks and comments. Sad really, let it go! Hate and anger is not good for anyone. Again, have some respect for the private investors and employees whom had nothing to do with the position we are in.

Snapper I am a amazed at your constant negativity towards PFC, yes we are not in a good position due to the ongoing SFO case but have some respect for all the Petrofac employees and private investors who have invested their hard earned cash into PFC. If we knew what lay ahead with the SFO when we invested, yes we wouldn’t have invested our hard earned cash. We didn’t so here we are. Dooming a share constantly is boring, sometimes funny as some of your comments are a joke.
I would love to know what you were employed as when working for PFC as I am truly worried this has had such a detriment affect on your being. Out of courtesy and respect for the PFC work force and private investors please be a bit more positive. We can all speculate on the outcome of the case but that’s all it is speculation. You must be a complete Narcissist and love seeing your name come up on the screen or a response to your dooming drivel. Grow up, have some respect for others and the hate you portray towards PFC might just disappear.

I have held shares in PFC for over 14 years and read lots of messages on this forum and I have never seen so much doom and gloom from one blogger. Ohh my god Snapper10 I would hate you to be my next door neighbour or enemy.
I know this chat room is for all to voice their opinion but why so much DOOM AND GLOOM. I am here to make money for my family and I am just as disappointed as the next man or woman on the ongoing saga with PFC but I don’t kick the company when they are down as it is not in my interest.
Everything will come out in the wash and until then I am optimistic and hopefully PFC will get back on it’s feet and the share price will increase. So much pessimism and DOOM and Gloom isn’t going to help.

I totally agree, the SFO have dragged the company down to a staggering low. The knock-on has affected so many people, families and companies and I to feel it is a total disgrace. I am now a very sinical person when it comes to the stock market in a whole and feel there is to much greed and dishonesty in this game. It is hard to judge who is genuine and who is not, especially when there is money involved. I just wont this whole saga over and done with. I feel the SFO are untouchable and do what they want. Fighting fraud, bribery and corruption. Delivering justice! Protecting the UK economy. Truly for who. The time this case has been going on for is a total disgrace and an embarrassment. Where is the justice for the innocent share holders.

denby69, I am not directing my message directly at anyone. I know what you are saying. I have been investing in PFC for over 14 years and what has gone on is an utter disgrace. I have invested a lot of money in PFC and feel totally let down by the company. I am holding out for better days ahead. I just get sick of the nonsense posted on this board.

Why is there so much squabbling on this board, some of you are like a bunch of babies. We all know that there is a problem with PFC and a lot of us have been waiting for this day to come and go. To much scaremongering as usual. Most people can see through the crap of hyping a share and also dissing a share so why so much bickering. Lets see what happens today, Mr Lufkin will have his day/ days in court and then we might know where we after the court case. Hopefully this whole saga will eventually go away and there are brighter days ahead.

crytpolife Petrofac is not all about oil, it is a man power company and provides employees all over the world in many sectors not just the oil industry.

downbutnotout I am not sure. I have had 12 dividend payments since 2014