Member Info for Solentskier

Big sells this afternoon is that the shorts getting twitchy feet ?

Ccept for the shorts :-)

Quiet today on the chat eveyone waiting on the D4E RNS?

I agree 10p, then the new contracts annoyed at ADIPEC and the rocket is off!

I have just spoken to some o fthe project managers in PFC in UAE and all is looking good lots of proposals and new work coming in and they said they will soon be back to where they were a few years ago. The D4E and the SP drop will be very short lived so looking to invest a good lump.

Another large buy 750k shares at COP today

I dont think they have stated the value, it will be the BIG EPC contracts which are delayed and will be annouced at ADIPEC first week of November (4th - 7th) that will kick off the SP upwards. Multibillion dollar contracts being awarded it happens every year

Double the volume brought today compared to sold my view is 10p a share after D4E then it will pick up quickly so buy up quickly afterwards.

Correct watch this space though!

What shorts are left now and what % do they have?

Im just waiting on the new contracts with Aramco and ADNOC to be annoced and then we should see the SP go back up along with the Malaysian sale proceeds coming through to clear some of the debt.

I see the bonds at 25 CB yesterday what are they this morninng?

The Adnoc project I’m Working on is progressing well with Petrofac. I can’t see any issues coming up and I also think more ADNOC projects will be awarded. Working in the UAE for over 10 years Adnoc would not award projects to a EPC company that is likely to fold.

My money is staying put on the shares and the champagne is chilling

Its happening as i forecasted the rocket is on the stand and the burners are ignited redady for the launch!!! Big rise on its way

As an ex PFC employee and having live contracts with them currently I don’t think I am.

I’m trying to find out will post once I know.

Maverick absolutely true and it’s just taking a few extra weeks to get contracts signed.

Not long now for the good news to be issued I hope we are all ready to get on the rocket as the SP goes up!

All the negative from the shorters better be quick in the morning or lose out big time

It will be very painful for them when the good news comes out so happy for all Petrofac employees they have their jobs saved and looking upwards and onwards.

Yeah me too i'm trying to find out if its comng out today or Monday but some new projects are being annouced too.