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Neil777 - like you said mate the shorters are just doing what shorters do, take advantage when there is uncertainty. I'm not worried one bit. The silence from the BOD is golden for me. They know there is nothing to say that's why they're not saying anything.
Https://www.shorttracker.co.uk/company/GB00B0H2K534/
Astaris have reduced but a few others increased. My bet is they will take this down further tomorrow but i am very confident this will recover to at least 40p before the trading update.
al4x. there is nothing going on. the shorter's are using current geo-political events to scare pfc shareholders into selling. they're still ****ed off about their losses when the tennet deal dropped. patience is required here nothing else.
Https://www.energyvoice.com/oilandgas/540666/petrofac-headcount/
This article is behind a paywall but the headline says it all. Petrofac boosts headcount with 3000 new hires. A strong activity pipeline is recovering headcount numbers after a cull during covid.
Anyone that says PFC is going bankrupt or any other crap like this is just a troll plain and simple. Do you really think a company that is going bankrupt would hire 3000 new staff?
Https://www.shorttracker.co.uk/company/GB00B0H2K534/
Shorts have increased. The shorts shown here on LSE is a mistake.
We've been here before folks. This is pure manipulation nothing else. I highly doubt there is any sort of bad news on the way. March 28th PFC hit 46p. 2 days later it shot up to 85p.
With all the contracts PFC have won especially winning ADNOC contracts again there is really nothing to worry about here. There is no way in hell they would've been awarded these contracts if there was a real concern about PFC in the long term.
Fitch rating upgrade is a sign of confidence as well.
You and vinny aren't really on the same page. he's pfc through and through, you ain't. no real explanation from either of you what note 2.4 is, do you really know or just pretending to be clever hahaha. Guaranteed most people on here wouldn't know either but at least i'm not afraid to ask.
Ah isn't that nice, vinny boy's made a friend. well reality boy at least i did my research on what you said and can admit i was wrong in regards to your going concern comment. i'm more than happy to admit i was wrong because i like to learn, unlike you oldies that think you know it all hahahahaha