Member Info for wildtiger

The UAE ban will only start from this month and they still have 2 contracts there. If the profits were better than expectation in 2020 I dont see why they wouldnt pay divs.

And your reason is?

I’m surprised no one has mentioned the possibility of restarting the dividends this year, I personally see it highly possible if the world can get out of lockdown in time. Whats your thoughts guys?

Very weak price action today, I think the market want this to touch 80-90p before any substantial bounce. Third wave + bond yields are both quite concerning at the moment. Im out for now, good luck to all holders.

Very nice strong finish, looks like we may have a gap up on Monday

I sold out at 120p a while ago and now decided to get back in today with half of my original position.
Gold seem to have stablised for now so that’s definitely a good sign, hopefully it will get up to 1800 soon.

Do you guys think the results will be better than analysts’ forecast?

Lol quoting Buffet on a micro penny stock, he would never invest in stocks like this so his advice is as good as a 2 year old kid here lol

They were the FOMO buyers....I sold mine at 0.13 to them lol

Looks like this will touch 0.09 again before we see any substantial RNS. General market looks overbought so a correction is not far.

Im out for now.....good luck to all holders

In the same month, Petrofac Emirates was awarded two contracts, worth around US$1.65 billion, involving ADNOC’s Dalma Gas Development Project. “The work scope encompasses offshore packages at Arzanah island and surrounding offshore fields, located around 140kms off the north-west coast of the Emirate of Abu Dhabi.”

I dont remember seeing this mentioned in any RNS before.....very interesting!

Gregpeck7, I agree it’s undervalued at the current level. Yes it could possibly go down more but the upside is over 100% if you have the patience. Bought 50k’s worth at 100p, and if it does go to 80p like a few have said I will drop another 50k in

Dont forget directors have bought at 110p and 144p, I wouldn’t be surprised if they buy again at the current level and when they do the price will shoot back to 120 in no time.
Also 30% drop due to 8-10% loss in revenue seems a bit too much.

Lambo, guess you have probably sold them to me lol, I bought a ton at 8.6p. Thank you very much

Once all the weak hands are gone they will release a positive RNS to make this bounce. Ive seen it many times, not just with this stock

Have built a very substantial sized position now, I even sold one of my bitcoins to move the money here. Very confident that this will go back up to 20p-30p within a year. I'd never forget the day this went up 300% in 2019, it was my biggest win and I have yet to beat it, so hopefully this time I will :)

After reading all the posts from today I’m sensing the same “fearful vibe” from people as back in 2019, not long before the 300% day. So..this time.I will do the same as what I did before, which is to build a big position

Lovely day, it's sooner than I expected.....Bought back in at 10p, let's ride it back up from here :)

Haha you are just assuming they bought higher than 119. I actually started buying from 107 to 103, so definitely not in negative.

Ironhide, FTSE and SPY are up today so I'm not sure where you saw the "red market".