Member Info for worraps

Funny how Wood Group is taking a dive too, and that's not the Schroder effect.

I hope you're right, ColonelDrake, as this share price is testing even the most happily invested. I didn't lose faith in PFC even during the darkest days of the SFO case. They had a surprisingly good outcome at the end of the case. They are wisely diversifying their engineering expertise and contract quests. The share price touched 200p on the case resolution, and just a few weeks ago was in the 150p range. Yes, Schroders are playing a part in the downturn, but at such a vibrant and active time for the O&G sector, this share price is driving me nuts! Yes, it's 'only' a paper loss (so far), but so hard to see such a massive decline. It's easy to get suspicious that there is something else, as yet unknown, going on. It's not just Schroders.

Petrofac included in article

https://protium.green/news/meat-free-pioneer-and-market-leader-quorn-to-investigate-decarbonised-production-using-green-hydrogen/

Why no RNS for these deals?

https://www.prnewswire.com/in/news-releases/petrofac-secures-new-scopes-with-cairn-oil-amp-gas-vedanta-including-first-major-o-amp-m-contract-in-india-866968350.html

https://www.timesofisrael.com/liveblog_entry/end-of-pandemic-in-sight-for-europe-who-says/

Citigate has raised their target price for WG. to 400p, big increase from previous target. Let’s have the same positivity for PFC please!
https://www.lse.co.uk/news/WG./london-broker-ratings-peel-lifts-trainline-to-buy-goldman-cuts-bunzl-bgz7ylasqv6ugzr.html

I’m expecting 300p by the end of the year, assuming some decent contracts and ending of ADNOC ban, and we don’t get anyone trying to snap us up. I would think another 2 years after that to get to 600p - 700p.

I think this is the link you were looking for. John Burford feels his September chart is still appropriate for when he wrote the article on 17th January.

https://www.ii.co.uk/analysis-commentary/chart-week-small-cap-share-could-multiply-value-ii522573?utm_source=&utm_medium=email&utm_campaign=NEW-DLY-ENGAGE-ii_afternoon_round_up_170122%20(1)&utm_content=&spMailingID=17189045&spUserID=MTIxNjc2OTI2Nzk5S0&spJobID=1914906175&spReportId=MTkxNDkwNjE3NQS2

Yes, I had to do a double take when I saw that!

Major about turn on the DOW this evening! Should be better tomorrow, the FTSE and oil futures are up.

I'm actually the reverse of wound up.......his posts are so ridiculous, they really make me laugh. I think on the quiet, he is laughing too.

The share price just 4 weeks ago, on 15th December, was 108.6p. It is now 143.6p. That is a 32% gain. And yet someone still is unhappy about that. I find that rather more than mildly amusing, I find it hysterical. In fact, most of the complaining posts are just that......hysteria!

Is this what you were referring to?
https://www.petrofac.com/media/news/gazprom-and-petrofac-create-strategic-partnership/

I find the whole scenario here is becoming bizarre. PFC are fully funded, the SFO case is settled, trade is ticking over, should increase substantially in 2022, especially if ADNOC resume trading with them, almost each and every day the buys far exceed sells, and just as things looked to be stabilising, down we go again. I was so confident of a major recovery after the SFO case and surprisingly small penalty, I fully took the open offer shares, and also topped up massively at around the open offer price on the open market. I may be being very ignorant here, but I can't help but suspect someone is accumulating here!

https://www.marketscreener.com/quote/stock/PETROFAC-LIMITED-4005555/news/Petrofac-Hollandse-Kust-zuid-Alpha-topside-installed-at-the-North-Sea-37434751/

Thanks to p1nkfish on advfn

Well I hope I’m not dreaming as I see Canada has gone up to $1.69 = 98.5p.

It would never surprise me if we got a bid from an organisation in that region. There's certainly some odd shenanigans going on with the share price, and signs of accumulation. I don't see much evidence of overhang being the suggested cause.

https://www.petrofac.com/media/news/oman-s-yibal-khuff-project-officially-inaugurated/

Thanks to W1NDJAMMER on ADVFN