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I couldn't bring myself to listen to this mornings webcast but looking at the share price this afternoon it looks like normal service has been resumed - and by that I mean webcast = drop in share price! Pleased to hear CB wasn't present otherwise we'd be sub 2p now.
Said nothing that hasn't been said before. Clutching at straws. This will further damage the SP. The market is looking for proof of real profit. Nothing else is going to change the negative sentiment
In other words CB hiding from shareholders, thank goodness for that. Otherwise nothing concrete to report except a reasurance of "jam tomorrow"
While management continue to operate this company in a pig headed and deceptive manner the market will continue to punish the SP. I suggest that if we don't get a change of attitude and game plan by management, this is going to get a whole lot worse for existing holders
What remains to be seen is how substantial and how sustainable the "bounce" is. Let's not forget we still sitting with a 50% loss in SP sustained over the last 6 months. An upturn is long overdue but I wouldn't be beating the drums quite yet
CEO is obviously confident of an upswing in the share price sooner or later. Maybe the SFO inquiry will soon be finished and not as bad as expected..looks promising for investors anyway
LONDON, March 21 (Reuters) - Petrofac Chief Executive Officer Ayman Asfari has acquired 10 million pounds ($14 million) of shares in the oilfield services company, a regulatory filing shows. Asfari increased his stake in Petrofac from 18 percent to nearly 19 percent after acquiring more than 2 million ordinary shares at 494.113 pence per share, with a total consideration of 10 million pounds, the filing said. reuters.com
TOT..Do you still think the Prince will shortly announce the QFI deal ? Hissing myself laughing.
Tot..I very much doubt it as its only a trial.