Agree with all that has been said - i have top sliced at this price and putting in mcro for about a week only - expect results on Tuesday or so and expect a 20% rise but as usual DYOR - then back out of mcro and back in here!!
Just bought back in - expect great results and the business starting to turn itself around; potential increased dividend and high FCF and a significant working future relationship with Amazon— huge surge coming DYOR
RE: I've taken some profits at 133.20p03 May 2021 13:24
Agreed with the shirt last time - made sense but not this time. Oil price up, predictions for oil price higher, oil companies results are good and more money will be getting spent on caped and also wind energy projects so only one way this time!! DYOR but more of a gamble this time!!
The rns today will simply cause the sp to pause and it may slightly dip up or down - it should stay around the 380 range until sentiment or new news is coming! A rns will be issued once the dispute is settled irrespective and I still expect this within the 28 days which will make a material difference to this share one way or the other. The full results will also be a game changer and if worldwide sales are good the sp will go considerably higher. Patience is a virtue GLA
The whole market was down yesterday - today is the start of the upward trend. Bought yesterday and have great faith in this undervalued share - testing will become common place in future and growth with our money in hand should be superb
Hi all - just bought in as was waiting for right entry point. The fundamentals of this company for the price are incredible and no matter what the company is worth this amount of market cap so can’t go down more!! It makes money, has products that are desired and yes diagnostics will be required forever for something or another. Just relax and be patient as this will soon start to rise GLA
Actually see this as positive- more green work; bigger market in future with wind energy a key consideration; higher margins ; lower costs and no obstacles once SFO matter finalised which they are working on. Finances are in middle of what was expected but future looks much brighter - I think it will be deemed neutral as no debt issues and the future is about growth. Slight rise
To clarify - only people on framework can bid and win - no one else! So if someone new comes on market with super and cheaper product they still can’t bid. The recent dispute will not be a factor and to simplify - the procurement team choosing have to justify how they came to the decision and cannot be biased and have to be fair. And yes - I do work on government procurement contracts DYOR
I was a holder in pmo and hope to buy in here in next week or so. I do believe once divi and overhang clears this is a great share and will rise to over 30p quickly (if restrictions clear). Safe bet, will rise soon and as others say some patience should reap rewards gla
What’s everyone views on tomorrow? I looked at SBL and their share price rose substantially after full year results as not great but future looked rosy and I feel this will do the same - all about future orders but here is a renewed interest in oil/ hydrogen and green which should all be positives
My views are shifters decreasing drastically, oil price up, lack of maintenance in sector for last couple of years so lots of services/ new projects to start soon. If good results come up expect this to rise to approx. 170p (price before old news came out about sfo court case which should not have impacted so that much) and also the loss of business opportunities for future. If we have good pipeline and making profit and sfo case is then finalised (positive outcome) then are rate to 250 should be pretty quick. So 170 and then Sfo ruling to determine trajectory of next stage IMO DYOR
RE: Shorts down from 9.23% to 5.52% Yesterday15 Apr 2021 07:40
wow- they have all been closing substantially over the last couple of weeks (although amazed the SP did not go up more!!!) with $66 oil at moment can see this being a very good day. I have also written to Aaron Clark (IR and comms manager) at Petrofac asking for the dte of the full year results - will let you all know what he responds.