Member Info for Sm66

It appears that every day this week after the close 1-1.5m shares are sold so no surprise the SP is creeping down daily. Shorts unchanged, therefore we have a seller. My best guess is Scheoders. ?

The last RNS stated they still owned circa 3%

Is it likely that they are selling their remaining 15 million or so shares? Would go some way to explaining the large after hrs trades that seemingly have no impact on the SP at the following open?

MW have dropped below 0.5%

The try of the lucky 7 are borrowing 11.49%

They failed to get out in December at 16/17p

They didn’t run for cover at 41p

They didn’t even leave after a retrace to 25p, now 31 and looking like a period of decline for now and possibly until we get an update on cash flow etc.

$8B worth of contracts wasn’t enough for the SP to recover properly ie: above 100p and beyond.

As time ticks past we get closer to a resolution of current situation, therefore I’m somewhat miffed by the shorts remaining?

Cheshire lad

I’m also holding wood group, small amount average 131p. I miss ed the appollo offer (shame) but these shorts can open doors to lower prices albeit frustrating watching your money decrease

Large spread and no action whatsoever, I’m watching the same in ESKN, something happening in the background as this is most irregular behavior.

Lots of people posting takeover etc, seeming more and more likely as indicated by no director buys.

Https://www.marketwatch.com/investing/stock/pofcy

Sorry, predictive spelling

Cat amongst the pidgeons.

A bid from Apollo or ADNOC would certainly put the cat amounts to the pidgeons as the market would have to open at the bid, the shorts would then have to close driving it higher =blood bath

What we all want here is the shorts to leave.

3 large transactions after the close yesterday, could be anything or anyone but if it is indeed a short selling their position then we will find out after todays close. Once they start to properly leave, I dare say it’ll be an Efren for all as PI’s will smell blood and pile in. Can’t complain too much as without them the share price would not be this low.

Mav, couldn’t agree more.

You have to make a comparison with similar companies. Wood group springs to mind, Apollo offered $1.5Billion which was rejected by the board for being too cheap. Although wood don’t have the same cash flow issues it does make you wonder how a very similar business can be valued so low.

I remain convinced 100p is too cheap for pfc, pre-pandemic was 400p due in large to the SFO investigation which is all firmly in the past now. COVID hurt a lot of businesses but agin, that’s all over now. The future of PFC is looking brighter by the day.

GLALTH

Mary, thanks for the response, seems sensible if still cheap at 60-70p

Someone, can’t remember who cross posted recently on helium global, I read the RNS however not having any knowledge of the business I threw £500 as a quick punt. Slice and left the profit to ride. Only made £107 which is now £324 and I’m kicking myself for not putting more in 245% in 3 days so thankyou to whomever cross posted as although I’m not brave enough to have made any real money on that one, watching it rise like a phoenix is fun and I truly believe something similar will happen with PFC.

Interesting tactic Mary

More or less what I’ve been doing with PFC for 2 or more years, didn’t work out for me in November/December but as I kept buying the dips which were almost everyday my average did obviously reduce. Now averaging 29.3p so I’m up on paper approximately 9%.

I did reduce on the last spike but at 33p not 40p, then added again at 25-27p.

My issue with PFC is it appears ridiculously under valued and without the shorts I think we would be somewhere around the 100p mark. Then once the funding issue is sorted a lot more given the backlog and future prospects of the company.

I’d be interested to know what your slice price target is?

Why yes indeed, just as soon as we hit 200p

Uncharacteristic of you to be so positive about PFC value

If you call 2 years short term then yes?

I’ll copy and paste incase anyone can’t gain access

Our system’s recommendation today is to BUY. The BULLISH STOP LOSS pattern finally received a confirmation because the prices crossed above the Stop Loss level which was at 30.96, and our valid average buying price stands now at 32.22. The previous SELL signal was issued on 24/01/2024, 2 days ago, when the stock price was 29.14. Since then PFC.L has risen by +10.57%.

A rally after a bear setup can occasionally turn into an explosive long trade. We may be on the verge of catching one of them. There is now a strong positive sentiment in the market despite the absence of a bullish pattern. Today’s candlestick has a white body and its close is above the stop loss level. The bullish stop loss is finally confirmed and a BUY signal is generated. Market wants to reward the bulls. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd.

This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern. more...

Love the wording from British bulls……explosive, please read for yourselves.

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=PFC.L#google_vignette

Up 4.6% in the US on Friday, Astaris clearly put the brakes on the otherwise positive week for PFC. There game is getting increasingly risky. February update not far away, the risk of another contract win or finance deal RNS looming ever closer.

Feeling increasingly secure in my investment.

GLALTH’s

https://www.marketwatch.com/investing/stock/pofcy

Shorts up yesterday and SP up yesterday = we have someone collecting in the background?

Common Paul, give it a rest.

D4E isn’t going to happen. The business is starting a new year on the back of its largest ever order intake.

If you think 32p is fair value for a global business with 8500 employees, $8 billion of contracts won in the last 12 months in what is increasingly becoming arguably the most important sector worldwide (energy) then you sir are delusional

The only part of short Paul’s statement that makes any sense is the position of the shorts disclosed after today’s close.

If they are indeed reducing, that’ll be proof in the pudding for the recent surge. If not then we have a buyer in the background, either way this business is seriously undervalued IMHO