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Petrofac - service supplier to oil/gas industry (PFC)     

cynic - 31 Jul 2006 16:46

Chart.aspx?Provider=EODIntra&Code=PFC&Si



On 3rd July PFC announced that it was trading well ahead of expectations. Not surprisingly, sp jumped but has now fallen back pretty much to the same level as before the announcement.

While perhaps not as exciting as finding the next Cairn, remember that in the goldrush days, it was rarely the prospectors who made the money, but rather the suppliers of the spades and tents and stuff - e.g. Levis if memory serves me aright.

Stan - 31 Jan 2013 16:09 - 473 of 839

Bouncy, bouncy.

menorca1 - 18 Feb 2013 10:57 - 474 of 839

ouch down 22.50p, bouncy, bouncy or yes but down

There is more questions than answers for those investing in this company

Safe but get nothing is the answer, money almost better under the mattress

The one liner's thread can be said on here

cynic - 18 Feb 2013 11:01 - 475 of 839

the 5-year chart below gives a much better (more accurate) picture ...... however, it is true to say that sp is having a lot of difficulty in breaking through 1700 and holding there ....... as for 22.5p on a share of 1650 - it's barely a blink!

Chart.aspx?Provider=EODIntra&Code=PFC&Si

chuckles - 18 Feb 2013 19:27 - 476 of 839

I visited Petrofac's offices in Aberdeen on business quite recently.

I was left with a number of impressions:

Aberdeen is booming and awash with money, it's difficult for a company not to make money in that environment. Aberdeen is perhaps the oil and gas capital not just of the North Sea but of the world, a justifiable claim,.

Petrofac seems to have grown too big too quickly. I was amazed by the inefficiencies of the business I encountered in just a few hours on the premises.

Difficult to predict their future, but if times get harder in the business PFC are already behind the curve.

menorca1 - 27 Feb 2013 12:52 - 477 of 839

re OUCH

Strange thread opener and holder not noticing results and share price low of the year 1504p now down 94p, I think I saw - cynic - posting somewhere else erlier

Can the 1500p hold? >>>>

Midday Report
A tick-up in crude prices helped Shell to gain 11.5p to 2197p, in the wake of its deal with Spain's Repsol to acquire gas assets. BP was up 1.15p to 445.25p but oil industry service group Petrofac slipped 66p to 1531p despite saying revenue improved 9% to $6.3bn in 2012 and net profit rose 17% to $632m.

cynic - 27 Feb 2013 13:24 - 478 of 839

i'm still a holder but could have done without today's battering ..... JPM did not like the relative lack of clarity for 2013 and the profit warning from Saipem a week or so ago did nothing to improve sentiment

LAM has been similarly dreary of late

=======

strange comment about "thread opener" :-)
you may note that i started this on in 2006, so rather a lot has happened since then!!

Stan - 27 Feb 2013 15:14 - 479 of 839

"Strange thread opener and holder not noticing results and share price low of the year 1504p now down 94p, I think I saw - cynic - posting somewhere else erlier"

Indeed C.. What a very odd comment.

cynic - 27 Feb 2013 15:25 - 480 of 839

i suspect just someone having a little dig at me, but no prob - i dish out plenty :-)

meanwhile, it is getting very tempting to try to catch the falling knife with sp crashing and now down 122 at 1476 (after a low of 1463)

menorca1 - 27 Feb 2013 15:42 - 481 of 839

re - OUCH

Nothing odd on my comment, but strange as I said
posting when everything is rossie, but away from here when results and share price dropping like a stone ( falling knife others would say )

That is really odd and I will add dubious ( "questionable motives" ) as it happens
and now 1464p down 134p

Not a holder naturally, just curious of what is going on on this BB's at MAM though not much I have to say

dreamcatcher - 27 Feb 2013 15:44 - 482 of 839

Go back to a more exciting BB then. :-))

cynic - 27 Feb 2013 15:52 - 483 of 839

tut tut, menorca ..... not true at all i think you'll find, though i don't care much if you don't find

mind you, it wouldn't have been such a bad investment had one bought in 2006 and hung on to them - which i didn't

Chart.aspx?Provider=EODIntra&Code=PFC&Si

Stan - 27 Feb 2013 16:08 - 484 of 839

As an aside, We haven't seen much of Master RSI lately.. Have we?

halifax - 27 Feb 2013 16:14 - 485 of 839

thank god!

cynic - 27 Feb 2013 16:15 - 486 of 839

he's been sent to Gehenna, or Limbo if he's been very lucky

Stan - 27 Feb 2013 16:18 - 487 of 839

I don't know what suddenly made me think of Him/Her do you -):

Stan - 27 Feb 2013 16:25 - 488 of 839

.. And not forgetting magicjoe.

menorca1 - 27 Feb 2013 17:15 - 489 of 839

Is the Lynch MOB at work at MAM?
It looks like, once a greemlink wakes up the rest follow through, it reminds me of "headless chikens"
or better ......... "lemmings throwing themselves off cliffs"

This thread is getting as bad as the one below

Managed bugs and enhancements report thread (BUGS)

dreamcatcher - 21 Feb 2013 09:36 - 148 of 206
Risers board - been a few weeks, still the same ?

skinny - 21 Feb 2013 11:06 - 149 of 206
login.

menorca1 - 21 Feb 2013 11:15 - 150 of 206
loging
has been a pain there once again

dreamcatcher - 21 Feb 2013 12:51 - 151 of 206
Anyone at home in money am today.

oddie - 22 Feb 2013 08:53 - 161 of 206
I think they've all left the ship

oddie - 22 Feb 2013 08:53 - 162 of 206
...the sinking ship

stylus - 25 Feb 2013 15:37 - 175 of 206
Is there a problem with stockwatch? mine will not come up and seems to be stuck waiting for pub.ads.doubleclick.net.....

KidA - 25 Feb 2013 15:42 - 176 of 206
Live Intraday gone? Been patient and polite, but now at the point of P me O.

Now back. Can I trust it?
Edit - survey says, no - gone again.

martinl2 - 25 Feb 2013 16:06 - 177 of 206
Streaming broken.

martinl2 - 25 Feb 2013 16:06 - 178 of 206
Has this website ever gone a full day without stopping working?

dreamcatcher - 27 Feb 2013 17:20 - 490 of 839

Menorca1 = majicjoe, with a huge chip on his shoulder. Can you read ? As your name is on the thread above.menorca1 -

21 Feb 2013 11:15 - 150 of 206
loging
has been a pain there once again

menorca1 - 28 Feb 2013 11:52 - 491 of 839

dreamcatcher

I did copy and paste the lot included my post with this intention, but the complain is about MAM not the posters on the second one. ( just notice the different dates, meaning selected post )

now you may have .....dreamed but you have put the wrong hook to do the catch

menorca1 - 28 Feb 2013 11:58 - 492 of 839

dreamer

just to let you know you are wasting your time with the ?

dreamcatcher - 21 Feb 2013 09:36 - 148 of 206
Risers board - been a few weeks, still the same ?


the servise is provided by someone else ( BFN ) not MAM and has been full of mistakes like this for years

Any more questions and I may have the answer, somewhere else they think I am the troubleshooter.

Do not try to be too clever, because there is allways someone clever than a dreamer
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