Petrofac Ltd (PK) (POFCY) Quote

How do you plan to manage your investments in this stock (geometry dash breeze) moving forward, especially considering the recent volatility and its reinstatement on the exchange?

Boom! LFG

Nice work! I'm in with a small position.

https://ibb.co/gmkS5Ls. this is my account in the picture. I actually bought it 30mins before closing the day before it popped from .06 to 3.27 here is evidence of that morning. I did sold and reentry back recently. I believe this is a monster company in the future. it's price difference is crazy and uk version actually got reinstated back to the exchange after 1 year of suspension. I like the stock.

You have my attention

Petrofac is listed on both the US OTCBB (symbol: POFCY) and London Stock Exchange (symbol: PFC) .

Notwithstanding these challenges, we entered 2024 with an order backlog of US$8.1 billion, 90% won in 2023 and largely comprising contracts in our core markets, and a Group pipeline of US$60 billion scheduled for award in the next 18-months. Within this, E&C’s addressable pipeline is US$48 billion, of which 58% is in our core MENA markets and 18% in energy transition sectors. Asset Solutions’ addressable pipeline is US$12 billion, of which 70% is in target geographies outside the UK & Europe.
Free cash outflow for the year of US$223 million.

POFCY, $0.09, It ran to $3.27 from $0.075 on May 21. Running is going to repeat ANY TIME!

POFCY, Just found this stock. It’s very interesting: it went as High as $3.27 from $0.075 on May 21, 2024.

2024-05-21, POFCY, High: $3.27, Low: $0.0777, Closed: $0.64, Volumes: 11,493,451 shares.

Actually, it had been $18 at around 10 years ago. It’s a monster company with lots of offices in 40 countries. It has got $8.1 Billion contracts in hand this year: this might be the reason for it to go up to $3.27.

O/S: 50 million shares. Current market values just $5 million, extremely undervalued !!!

Watch it closely, and it might and will go back to dollars, again with $8.1 billion contracts in hand already.