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Petrofac Ltd (PFC)

Real-time derived
Currency in GBP
Disclaimer
118.0
+1.4(+1.20%)
Closed

PFC Price Commentary

22 27 35 42 45 n then hopefully 60.. 80 plus
not too far from my predictions.... now we can wait until there are signs of clear trend inversions.
Hopefully a good resolution soon for the long term investors and also those who have more recently bought in. Best of luck with talks to Petrofac. Let's see how Aidan leads financial transformation.
before opening a long position I wish to see the gap up closing around 22.7 / 22.5. target around 42. Good potential profit but the volatility makes me nauseous.
Indeed indeed, onwards n upwards the way we go, pfc infrastructure too important for shorter to crash. Finance issues can be sorted, heading back to 60p soon minimum.
Well well interesting report today. Finally turntable ??? For the better
Added more today, 60 is definitely possible in the short term
ken, I've been in these for some time last week was a good week, but a correction hurts a little this week...I look forward to your views on this stock...hope you are into Metro Bank and Vast Resources,
I got out just before the new year as I saw better opportunity elsewhere (very lucky) I think it could go back to 20 to 26.
I am in Vast too, lets hope we will see 1p again soon
I'm in at 20p and will wait for the plus 50p times again...
this week's correction hurts a little.... but will HOLD for the plus 50p...
20p another buying opportunity?? advice from Ken is Always welcome...
Too cheap to ignore, bought a starter
Looks like you bought too early. This business is done. Cheap TO coming.
Lets see, 2nd buy gone in today
Oofff.
24p what's actually happening, want to get back in when the bottom is reached...
There is no bottom like now
When was the last time this company made money?
Yesterday
Shorters has been attacking this share. PFC has won large chunky contracts worth more than $1billion. Outlook for 2024 is v good. 2025 they will break even
it will go up soon
42p down 5% any reasoning?
Wait til results, has to go back to 60p levels at least
Finished bit amateurish commentary here. they are obviously not finished getting new contracts consistently order log now 7 billion USD. problem is lack of cash to start up new projects. once they secure funding then the market can move on
 new contracts have cash advances. Legacy contracts closing off with payments forthcoming. Sale of equipment at circa £20m. They don’t need funding. I’m more concerned with the collapse of their Bond. This will come good and is just subject to Short attack.
Glad I sold this above 90 back in 2022
Horrible shares to even try to trade daily not talk of holding.
Most maniputed share of ftse
This shud be hitting 90p levels realistically or at least 85p
The shorts have had their teeth stuck in since mid-August and they ain't letting up either.
Contract worth $600 million to company with a market cap of less than $500 million, Petrofac is extremely undervalued.
73.25p but I see value at sub 60p
Very, very doubtful to see sub 60p again. AIMHO.
twat
someone was right
That single buy is nearly 2x average daily volume that's huge.
A huge buy just done. 4.64 million shares bought at a cost of £4m. Price 81.05p. Someone knows something or else it's dawned on a big buyer that this share is worth at least £2!
Stay above 77.5 today and we should see 83/84 next week. MMs keeping this down for shorts to depart in an orderly fashon.
Petrofac secures late life asset management renewal in Gulf of Thailand. Google it.
Drifting down to mid 60s at this rate. Low volume not helping at all and shorts increasing.
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