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Bought Vodafone shares five years ago... wrong move. As you imagine I'm at a massive loss but hung on for the dividend which has mitigated the losses slightly. Now that is being halved it would take another ten years to break near even. Hey-ho, You win some you loose some...this ones been my worst buy. PS I don't even use Vodafone as 02 give me two Greggs coffees a week and a sausage roll! Cheers!
PFC Stock Overview
Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally.
REWARDS
Trading at 63.9% below our estimate of its fair value
Earnings are forecast to grow 110.39% per year
Trading at good value compared to peers and industry
RISK ANALYSIS
Debt is not well covered by operating cash flow
Highly volatile share price over the past 3 months
Negative shareholders equity
Date Broker Recommendation Old Target New Target Rating Type
03-Jul-23 Jefferies Hold - 80.00 Reiteration
19-May-23 Barclays Equal Weight - 200.00 Reiteration
12-Apr-23 Berenberg Bank Buy - 110.00 Reiteration
18-Jan-23 Barclays Equal Weight 200.00 200.00 Reiteration
REWARDS
Trading at 70.3% below our estimate of its fair value
Earnings are forecast to grow 99.86% per year
Trading at good value compared to peers and industry
RISK ANALYSIS
Negative shareholders equity
Highly volatile share price over the past 3 months
Debt is not well covered by operating cash flow
Stable Share Price: PFC is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: PFC's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of UK stocks.
Future criteria checks 5/6
Petrofac is forecast to grow earnings and revenue by 99.9% and 19.1% per annum respectively. EPS is expected to grow by 79.9% per annum. Return on equity is forecast to be 258.1% in 3 years.
If the dividend holds it will take me around 10years to break even, If i had sold a year ago (around 120) invested in RR I could now retire comfortably. In two minds whether to hold or sell and buy AstraZeneca...according to the Telegraph this could be the next RR. Like women you win some you loose some! Cheers
I've been a long term holder (5years+). My heart missed a beat when I checked the price tonight. The thought of cutting my losses has never come to mind just enjoying the dividends and hoping for a gradual rise in time. I really can't see any light at the end of this tunnel-Can anyone here? I'm now actually thinking the un thinkable of cashing them in at a tremendous loss after all this time I'm near to retirement and want to enjoy what time I have left, this has been the worst investment I have ever made. (Luckily other investments have made good). Good luck and Merry Christmas.
I've watched my investment crash over a relative few weeks, seems like another Hurricane oil. Shares never seem to recover after this massive a drop...I hope I'm wrong! I've resorted to praying for a miracle. Christmas was supposed to be in Barbados...last week it became Bognor, now it will be the food Bank!...I've got my health at least!
Nov 14
New minor risk - Share price stability
The company's share price has been volatile over the past 3 months.
It is more volatile than 75% of British stocks, typically moving 7.8% a week.
This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks.
Currently, the following risks have been identified for the company:
Major Risks
Debt is not well covered by operating cash flow (currently running at an operating cash loss).
Negative equity (-US$66m).
Minor Risk
Share price has been volatile over the past 3 months (7.8% average weekly change).
https://simplywall.st/stocks/gb/energy/lse-pfc/petrofac-shares
Consensus from Analysts suggest future growth...I'm holding at a large loss, average down if you can, this will rise.
I unfortunately bought into this share almost five years ago and over time averaged down. If the price and dividend stays the same for the next five years I will just about break even...You win some you loose some!
https://www.ii.co.uk/analysis-commentary/why-vodafone-shares-should-double-value-ii527332
https://www.fool.co.uk/2023/03/24/heres-the-vodafone-dividend-forecast-for-2023-and-2024/
https://www.fool.co.uk/2023/02/28/will-the-rolls-royce-share-price-crash-in-2023/
25k for a fitted kitchen? That's a B&Q cheapie...I know many people who've spent 50k+ and that's without the Aga! Cheers!
https://uk.finance.yahoo.com/news/888-shares-crash-investors-know-132239443.html
Article came from the Financial times online