Member Info for Warthog4

the devil is going on????? Bit of good news yesterday but sp savaged at the open today. Something to do with Ronald Dump's continuing tantrums possibly??

Probably the same reason that SAR continues in the doldrums-sheer despair that anything will come out of this long running roadshow.

Totally agree Bluelight-200m bucks contract produces a miserable 9p improvement. Quite convinced now that this is being held back deliberately, how I do not know but why is obvious even with the SFO johnnies sticking their grubby little noses into PFC's affairs in the hope they can generate yet more revenue for this miserable excuse for a government.

Now 778 to sell-sinking slowly but surely with a 13% spread-exactly where we were this time last year ( and in 2012 for that matter) despite all the hype.
Hope you Gurus are right!!

"must have" for heaven's sake

Join the Club JFT!!
A mercurial share I'll grant you due to a toxic combination of reliance on the oil market and associated concerns: a high profile CEO who is also a big donor to the Tories (as a result every time he breaks wind The Grauniad has a "let's knock Petrofac" day):the SFO investigation with dubious provenance which is likely to drag on now the SFO does not have a permanent replacement for Green and the grubby shorting fraternity who would willingly see the company go down as long as they can cream off millions.They in turn should be short at dawn.

Any wonder it's a bit of a dog??

Unaoil is registered in Monaco
Leighton in Australia
SBM in the Netherlands

Why then is the UK SFO sticking its nasty little nose into their affairs? Has London become the World HQ of busybodying?

As for an imminent decision by the SFO on the PFC investigation, dream on. The Rolls Royce investigation took 4 years.

SP has been twitching between 5200 and 5220 and HL are saying they can not give an online price only by 'phone.
Bit strange?

Mmmm. Good thinking but why is the SP disappearing rapidly south-down 3% since you posted and 10% from this year's high. Financials good, not a shorter in sight.
Perhaps the way the government is stumbling about in the dark over Brexit has something to do with it?

Yep-nice spurt to 554 but has retreated by 18p in less than 30 mins.. Doesn't ANYTHING sustain the sp? Even new contracts seem to make little difference.The company has piled on $1.8bn of new business but the sp is still floundering at 18% below the last high

All over the s.....g place-now down to 528.
The update not particularly sparkling and net debt still sticking ( I though the sale of the JS Rig was supposed to be used to pay down debt?)
The fundamentals for the company have not changed, apart from a bit of a slowdown after the flurry of new orders, but the SP is down 19% since its high on 11th May. I'm afraid the SFO meddling will hang over the SP for some time to come and may be hindering the company's ability to gain new business.I still think the instigation of the investigation was a bit iffy and the fact that 2 institutions upped their short positions the day before the announcement stinks to high heaven and has never been investigated.
Torrid times I'm afraid.

Just read it. Typical Guardian unbiased article with no political overtones!!!!!!!!!

Down nearly 5% in 1 day-sure is a joke and I'd like to get my hands on the jokers who are shafting this company.Bad enough having grubby civil servant sticking their self-important noses into the company's affairs without chicanery by the mm's as well

alto1-are you on the right Board

Hi Chesh I meant -16% since Monday. Today it is off around 10% Opened at .83 now .75 according to HL GL (we all need it!!)

Correction-now down to 0.77

Friday 15/6 --- 0.75 Monday 18/6--0.94+25% Thursday 21/6--0.79 (with 3.5 hours to go) -16% What a shambles. We're hanging on Sierra's coat tails (and their star is not exactly in the ascendancy)-Sar's PR is non-existent-Parker appeared with a fanfare of trumpets, but what has he achieved, if anything? All we get from Pampisford is the occasional weak RNS about Sierra appearing at various conferences. Does this all pervading silence mean something is unfolding in the background which must be kept under wraps or are we all deluding ourselves? As they say in the luvvy's profession "this one will run and run"It's been running for a decade for FS, when is it going to get there??????????????

Yep-ignore the prices above-they are way out. .80 to sell minute ago, down 6% on the day. Up down, up down, up down... yawn! The crock of gold at the end of the frigging rainbow.

C'mon Utah!! You know as well as I do that this wretched share hasn't sustained a rise, since the steep climb from .22, rather a sharp drop as has happened this morning

https://www.bbc.co.uk/news/business-44526486 KPMG was the Auditor which gave PFC a clean bill of health last year when it instigated its own investigation.No doubt the SFO will seize upon this news with great glee although as we know they have already rubbished KPMG's report.