Member Info for SS17

omg..was planning to buy more buy showing 36p

Good to see positive articles, whether trading those invested here ; RR should stay steady and gradually go £1.5+
DYoR
https://seekingalpha.com/article/4434561-rolls-royce-pathway-to-price-improvement

Too many day trader and short term trader on this board , just annoying to see meaningless comments with no substance! For long term investors like me, don’t worry about a few Pennies ups and down , sit tight RR will come good! My target price £2.50 in next 6-12 months !! This will be one of the top post covid recovery stock, it has solid foundation, it is not fully rely on planes flying hours , it’s defence business is growing as well as technology ! In my view it’s next Tesla for aerospace industry!!
DYoR

Shouldn’t the tek value correlate with that ? Eventually it will , tek worth is much more than current
Hold tight
DYoR

Good interview, VRS got lot to offer ,it will take time and eventually will come good

DYoR

Bellususcura products is a practical solution which will help with current oxygen crisis in India as well as other parts of the world ! Opportunity is huge, good timing considering fda approved recently. Let’s see how Tek and it’s Partner capitalise this.

I’m holding tight, this tiny co could be much bigger
Dyor

I think it’s very positive for vrs as they are subscribing at 45p, current sp is still below that ! Couldn’t resist but topping up at 43.5
DYoR

MT Newswires) -- Petrofac (PFC.L) on Wednesday secured an extension for $700 million of its banking facilities, with the unanimous support of the oilfield services provider's lenders.

The agreement involves a $610 million extension of its existing revolving credit facility to June 2022, with an option for an additional six-month extension, and a $90 million extension of its bilateral term facility with Abu Dhabi Commercial Bank to April 2022.

The company said the new amount of $700 million represents a reduction in the facility size of $450 million, reflecting its transition into a "capital light" business model.

Petrofac estimates net debt as of December 2020 to be better than initially expected, at $116 million, keeping a cash position of $1.3 billion by March 31, before the reduction in facility size announced Wednesday.

Price (GBP): £106.50, Change: £106.50, Percent Change: +9.40%

© MT Newswires 2021

Great update, thanks for sharing. We can except Tek starts moving back to 20p soon and get re-rated. Lots going on with all of its portfolio, recent fda approval and potential aim listings of G is also interesting, fund raise completed although it was at nasty discount but I’m happy gave me opportunity to top up at cheap sub 10p


DYoR

I very much doubt Pfc will go 78p , if it does great will give me opportunity to buy more as we all know Pfc will fly to £3/4 as soon as sfo matter gets cleared. Pfc has strong fundamental and profitable business, as oil price stabilising its will gain more service contract, that means more revenue...

As for RR I am invested there too , I won’t compare with Pfc , to me both are great post covid recovery stocks. Price may go down further until covid situation improves ( fear of third wave goes away ) but you don’t know for sure if they will down any further or this is the bottom, when they go up will go big time , don’t want to miss the boat. I would say hold tight with a long term view , we all will get good return than day trader or short term chartist! Be an investor not trader on these kind of stock. My target price Pfc £4.50
RR £3.50

DYoR

There may be a possibility of share consolidation at some point

Good to know overall value of the company using latest share price so we compare with other oil co to have better understanding whether it reflect fair market value as well potential intrinsic value; I,e . say Tullow oil is producing 70/80kbopd with debts of $2.3b, where hbr is producing 200k which means hbr valuation should be around 3x tullow, obviously we need to consider other factors like Potential oil reserve of 2p, ops cost , capital structure etc, but this will give good indication of the FV
Dyor

Can anyone tell current share price place at what valuation of the overall HBR group ?

I think now Tek is giving us opportunity to buy to equalise with institutional investors who recently participated at 10p; I have just topped up at 10.4; although it was nasty discount but I think it puts tek in better position to have more stake in
Belluscura which itself is likely to be equal to current market cap of TEk( assuming Bel valuation £50m at 30%=£15m , for ease I have just rounded ownership %). This is at the lower end of the valuation, rest of the portfolio are simply bonus which could potentially to have substantial value even if I put £10m each we are looking another 30|40m, share price will be more likely in the region of 50p to £1.50.

That’s how I see Tek and invested with long term view at least 12 months to 3 years. Patience Investor’s will be rewarded here

Dyor

Good to see your optimistic post # bgv, I haven’t been posting here last few months as there were lot of interest from new investors and some rainbow chasers too. You may have remembered me, when omi was below 4/5p, only a few of us used to post especially you kept everyone motivated .... then it starts motoring to Highest 46p+! Within a few weeks , I had to sell most of my omi holdings to balance my portfolio at various stage I,e 7p, 18p then 35p; was worried I may have missed the boat when it hit 45+ but now it seems giving me opportunity! I’m back and bought some today with at least £1 target this time as Omi is in much better shape and derisked a lot with two majors behind them plus recent fund raise at 17p. If it’s fall further will keep topping up as I did last time , keep up with your good post so we stay informed.

Dyor

I doubt there will be any fines, Pfc have been making it clear so far that no charges brought against the co then why would be any fine now ? Most importantly it’s is exceptional circumstances and every business are struggling due to the pandemic, sfo won’t want a British business to go bust or make their life life difficult by putting penalty!

In my my view it will be cleared off soon without any charges ! Let’s see , I’m optimistic on Pfc future and holding a decent shares
DYoR

Which ever it is whether open offer or rights issue, more likely to attract investors it will be issued at discounted price. So Higher the share price better for the existing shareholder to have minimal dilution effects. Upon successful fundraiser hopefully share price will increase.

Dyor

At this price I think it’s good value , if oil price stay within the same range between $60-$65. ENq could easily hit 50p+ , I have topped up just before close at 19.37. Kept some provision to buy more during fund raising ; there is a good possibility of rights issues on its way as I have posted yesterday, we just don’t know at what discount will be applied. Assuming enq share price goes above 25p and they give 20% discount around 20p which will be higher than today’s price. Overall enq looks in good shape, if anyone believe that poo will hit $80+ then shares like enq n Tullow are great buy; I’m holding both with Tullow 100% + profit but not selling any
DYoR

The Group is currently in the process of refinancing the facility in conjunction with the Golden Eagle acquisition. Will be interesting at what price they raise cash? it mentioned mixer of debts and equity raise.

Anyone can guess discounted price for right issue ? Possibly 20-25%

DYoR

What do you thinks guys Pfc bottomed? This week seems covid panic is having some effect on the market given EU counties are announcing lockdown again. But oil price looks steady, below link provide some optimism. If oil stays above $60 good possibility Pfc will be a great turn around stock. Even when oil was below $50 last year Pfc was £2+ at some point... nothing fundamentally changed since then? SFO clearances will be a great starting point for this stock to be re-rated. I have topped up today again as I see it a great buying opportunity at below £1. Short term may go down, my 12 months target price is £2.50 at minimum, subject to oil price it could even go £5+

DYoR
https://oilprice.com/Energy/Crude-Oil/Signs-Of-Strong-Oil-Demand-Recovery-Are-Emerging.html