TomWinnifrith
Welsh Hovel
Greek Hovel
Woodlarks
About

All Stories

Petrofac: Wipeout confirmed, we bears vindicated ( yet again), ouzos all round

Tom Winnifrith
Friday 17 October 2025
To think that four years ago this was a high flier with a share price of 172p and an order book of hundreds of millions of dollars. Sales = vanity. Even today, at just under 4p and suspended, there is a c£20 million market cap but there is also official confirmation that shareholders will be wiped out. For Lucian Miers, Evil Banksta and myself a final vindication. For the BBMs who knew better another lesson that they don’t. 

on Tom Winnifrith | Comments

Filed under:

About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]

Click here to listen the old-fashioned way.

Recently Featured on ShareProphets
  1. Headlam: An astute reader writes

     

  2. Was it our late lamented in house lunatic Magna Carta who fired the starting gun on the great gold and silver bull market party?

     

  3. Tom Winnifrith Bearcast: a cyclical or a structural change?

     

  4. MedPal AI and its feeble download numbers exposed

     

  5. Tom Winnifrith Bearcast: I think Union Jack is largely screwed whoever is in charge although Bramhill is sure to destroy it

     

  6. Amaroq – look at Canada share Price but I have a problem

     

  7. Essentra – “FY2025 Pre-close Trading Update”, recovery value

     

  8. Tom Winnifrith Bearcast No 2: Just how bad are things at Headlam?

     

  9. Ariana Resources – positive drilling results from Tavsan, Buy

     

Sign up for my weekly newsletter








Required Reading
  1. 18m person Japanese study shows covid jabs increase death risk: Conservative Woman

     

  2. Mark Steyn: The Great Big Convoy

     

  3. Damning review of Nicola Sturgeon biography by JK Rowling

     

  4. Tossers at the Oxford Union think Tory Peer Hedge Fund Manager represents the Despised Working classes more than author & Dagenham firefighter Paul Embery,

     

  5. What's the Point of Private Eye? The Daily Sceptic

     

  6. Obesity will starve the NHS: Unherd

     

  7. Mark Steyn: one year on from October 7

     

  8. The press & the US Election: they see their corruption as heroism - RCP

     


Recent Comments


I also read
  1. Caroline Glick

     

  2. Mark Steyn

     

  3. Mark Wadsworth

     

  4. Melanie Phillips

     

  5. Order Order

     

  6. Peter Hitchens

     

  7. Tim Worstall

     

  8. Wexboy

     

  9. Zero Hedge