Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Have no issues with instinct - pulled out of tlw to get in here at 104 average and am looking at NCYT at present. But Darren believe this is a mistake as the upside is so much higher than downside and there are so many better options out there. But hats off - you pay your money.......,
Still can’t buy them via Halifax either
I am a holder and believe a dpa will be agreed but around the £400m mark to be honest (based on other recent fines such as wood group). The big elephant in the room is perhaps they cannot be convicted due to the recent law case and juridical ruling on using evidence from overseas. I think a compromise should be reached as it is in no ones interest for this to continue indefinitely. Pfc have to take some responsibility but they have to agree to a dos and with the recent ruling can play hard ball so lesser fine and so will rise. Gla but dyor
You do post rubbish at times!! I was a LTH in tlw and sold at 54 - doubled my profit after much angst and averaging down! Put money in PFC and doing nicely - bought at 97p and considering entering here again if it hits 45ish. Each one to their own but trading (not exactly day trading) can reap rewards too but DYOR
Shorts are not increasing - indeed dramatically decreasing. https://www.americanbankingnews.com/2021/03/27/petrofac-limited-otcmktspofcf-short-interest-down-83-6-in-march.html
You are missing a lot of data and making a lot of assumptions. Take ENQ - less debt than TLW and comparable production especially with their new purchase. They are less than hyve the value of TLW due to other factors especially potentially future as tlw as low cost future options and options in Surinam to name a few. Lots of factors to consider but do your calc on ENQ in your basis and I am sure it is highest!
Everyone is entitled to their opinion. Full stop. I like balanced views and have been in pfc a while and have recently averaged down. I do see it as being undervalued and did not see it ever being in the 90’s as I thought it would never get under £1. I was wrong and hope future much better but no guarantees. I have invested in PMO and HUR and lost money and people still state they will be multibaggers and got my money back on TLW. I welcome challenge from everyone as it keeps me thinking. PFC should do well especially if SFO ends soon (any way except huge fine) and that is a key driver
Always confident in this share as the fundamentals and green future and their skill set make this company quite unique. My average is just over the 100 as have averaged down and looking to a great future for us all gla and DYOR
I lost a lot of money in HUR and hope it works out still. I have just sold all my shares in tlw and bought PFC. I moved on and am breaking even now ( finally!) and hope this comes good for you all! Keep truckin’ planted bha and GLA hope you get a break soon
So -most oilers down and this one is up- and not looking under pressure. A steady upward trend will suit all parties especially with oil down so much this last week. Oil is getting back in vogue and soon more services will be ordered and orders will roll in. With green credentials I can’t see any risks tbh GLA
Agree and the reason for dip on Friday is obvious - I had to dump shares as no longer in FTSE 250 and the same reason why tullow increased despite all oilers being down! Apart from some residue due to the impact of Friday on Monday morning this share is only going one way. If it drops it will be small on Monday and the up and away! I am an individual who bought on original dip and average 110 on a large holding but have absolutely no worries and may buy again Monday morning. DYOR but this will not be at these levels for long - enjoy your weekend
lots of ene companies are doing ok today? TLW, Cebtrica both up (I am also in Enquest, PFC and PMO). What I can't understand is that most oilers have went up 20-30% the last few weeks with oil price yet PFC has not really moved! I have little doubt that it is owrth more than this and expect it to gradually rise but it is testing at the mo! I do expect it to retrace to 170p within a couople of months but great if ti started some time soon. Hopefuly the results will give a positive spin and the world nees oil (and oil services) GLA - I am confident this will come good soon
on worth a punt - I bought at 109, 116 and then 126 so have average of 119 - and this is now my largest holding. I cannot see it not getting to 170 soo but as all stae it could go up or down depending on a number of factors. I personally see the range of 80 - 350 in a year; so more upside with some potential downside. DYOR but fundamentals good and meets green agenda too so should have a load of business coming soon! GLA
Hi Pandamonia - insane is a bit harsh! I do my research and the debt for Tullow is already covered by Uganda sale - RBL should not be an issue with $65 oil and once rerated this share will shoot up (IMO DYOR) which is why I stated a few weeks I will stay in this share and then re-evaluate. For PMO - no debt to talk about once in new company and yes will actually more likley be 5% of new company (which on figures/ assets/ debt) will be worth about £8bn - so 5% of that is still about 60% higher than current SP. You did not mention PFC which is actually undergoing a SFO investigation (for last 4/5 years) and the fundamentals are very strong (with green credentials too). I do rate MCRO and do see it rising but not in the near term too fast whilst the others could. We all take our choices with our investments GLA and MCRO has very good fundamentals. LTH will do well.