Member Info for Slift

yeah doing great!

Added another £25. Jealous?

*in the opinion of a deluded chancer

LOL.
Simply wallstreet.

Today has been a real loss for Tullow, imo.
The sale of EG assets.
No success at Suriname.

Significant loss in growth potential. Just a shame really.

Who knows, Tullow may start growing once more from 2025, should they obtain growth assets by then. All depending on success in the near future at Guyana.

Good luck if you're still in.

your*

y11-shx,
lol wtf?
You probably invest on hope alone.

All of a sudden, you're £250m market cap (12-13p) has become £400m+ (20p+) in 1.5 hours.
You're deluded.

Keep gambling lmao.

"And to think you are trying to advise people with £100k + to millions invested in stock absolutely a joke."

Not advise, but opinions.
What makes you think I don't have £100k+ to millions invested?!
Idiotic to assume. That's why you're on my "idiot" list.

y11-shx,
If you're under 30 and own a property, congrats to you!

https://www.statista.com/statistics/321065/uk-england-home-owners-age-groups/

So I was right in putting you in the "Chancer" list.

£50 on petrofac is better than £50 in HUR :')

"Hur will re rate to 250 mill market cap once things are in order and that will be just the start!"

On what basis? You sure it's not going to be £2.39/share (£4.8b market cap) as per the well known site on this board?
https://simplywall.st/stocks/gb/energy/aim-hur/hurricane-energy-shares#valuation

"Slift back after making a knob of him self on petrofac chat. Why is it everywhere I go they tell you to **** off? You have no money on this or anything else by the looks of things and you call everything wrong."

What?
I have a holding in PFC.

antharry,

This board has historically been toxic towards me.
So it's only natural that I be toxic towards them.

I don't have a position here and don't plan on taking any positions here.
Too risky with incompetent board.
No attractive outlook/FWP.

Sure there may be some upsides following CPR, but not as much as some expect here. Risk of dilution and lack of funding outweighs any upsides imo.

Will be interesting to follow the drama between major shareholders and BOD that may take place aswell as the gap between MA200 and MA50 narrowing over the next month or so.

That's takeover territory.

Supercycle no more, apparently :(

-$3.6/barrel now.

PlantedBHA calculations tells me that is -$1.8m/offload

MY CONTRIBUTIONS have NOTHING to do with any of this!

Lyndonbro,

Can I take your Honda Jazz for a spin on the motorway?

Yo Planted,

How much LESS will HUR make per offload following the -$2.9/barrel Brent oil price today?

Hi LeeRex,

Hard to say where the bottom is, but I suspect the constant decline (despite being oversold heavily) is due to exits of instituitional holders - Both due to material impact due to ADNOC awards as well as Petrofac being excluded from FTSE250/FTSE350 from 22nd March.

Interesting to see how this plays out and I will keep a close eye here to invest in the near future.
However, I don't expect huge spikes/recovery until at least H2/2021, but let's see what the impact/outlook is for 2021 @ FY20 results first!

@Paddyboy1,
Ofcourse, no doubt that PFC has HUGE long term potential with strong finances, balance sheet and business plan.
Even with the loss of ADNOC awards, there is still a huge pipeline of projects for PFC to win.
However, in the business PFC operates in, reputation matters. Hopefully the SFO ordeal is put to rest sooner rather than later.

Does anyone know when David Lufkin's sentencing is rescheduled for?

Paddyboy1,

Out of interest, what's your stake here?
You seem very rampy and imo, deluded to the impacts to PFC.

"ADNOC is only one client & they've been forced to distance themselves from PFC for political reasons. This has no bearing on PFC's day to day operations"

Of circa. $12-14b Petrofac bids for projects with ADNOC, "some/majority" of these tender awards were supposed to take place Q1/2021.
From the RNS released by Petrofac, and the suspension of awards to Petrofac, it's clear that "majority" of these awards will not be awarded to Petrofac. This is a significant material impact for FY2021 and the share price has taken a fall.
On the worst case scenario, assuming NONE of the bids are awarded to PFC due to extended suspension.. we're talking up to (and above) $3.5b loss of projects (based on PFC's average 25% win ratio).

Having said that, I do believe that there is upside in the future should people hold onto shares.