Amec Foster Wheeler Share Discussion Threads

[edjge2] 26/2/2016 09:47

Looks oddly beaten down. Won contract recently. May be basing but short covering will boost like aal sometime. Amateur opinion here but 300 may be bottom. Don't believe $20 oil will visit us. Bounce off 26 more likely for double bottom if it goes there.

[w1ndjammer] 25/2/2016 22:09

the chartists are calling downside prevails 261 then 201

but I guess if oil rallies then this will follow

take your pick

[gateside] 25/2/2016 21:45

My average buy price is 708p - so am currently down 53% here!

Results on 10th March

[w1ndjammer] 25/2/2016 21:15

FINESS

its best left as percentages, as £500 can mean as much to one person as £50k does to another.

for me I have auctioned some assets, to buy some of these oil related stocks,
been trading for yonks with a 50k float, but now just wan`t to spend less time
looking at the monitor.

so far have Shell £14.00 BP £3.25 GENL £1.20 TLW £1.30

HSBC as back up £4.20 and of course 3OIL

trying to buy this, but that 10% drop yesterday was vicious, done some more research and decided to hold off. was happy to get the chance of selling this morning.

WJ.

[edjge2] 25/2/2016 20:44

money diverted to banks today?

[gateside] 25/2/2016 20:14

Fitness... What your average buy price? I'm showing a nasty loss here too.

[finess] 25/2/2016 19:34

Well done on the profit, my loss is £25,000 ATMI.

These huge gains/profit as a percentage are meaningless unless you give an amount invested, or are you reading a story book.

[w1ndjammer] 25/2/2016 09:48

sold out for a profit, this got hammered yesterday and I guess it will again at the next opportunity will come back later try and get that long term holding.

WJ.

[finess] 24/2/2016 18:59

A Dead Cat Bounce, listen to Woodhawk he is making trillions out of this.

[gucci] 24/2/2016 15:20

bounce is on

[fizzypop] 24/2/2016 14:39

Yep 322p and down over 10% today. Could be the bottom or perhaps not.

[salpara111] 24/2/2016 14:07

Just when you think it cant go any lower!
If they can hold the reduced divi then it is yielding 6.5% which is pretty chunky.
Having said that, 2016 is not going to be good for this type of business.

[w1ndjammer] 24/2/2016 14:04

got some more 328p lets see what happens

WJ.

[w1ndjammer] 24/2/2016 13:42

just bought some of these, its now close to the double bottom.

long term hold.

WJ.

[finess] 24/2/2016 12:01

Woodhawk

Is it time to top up at this level

[woodhawk] 18/2/2016 16:21

Yet another large swing again today. Back in at what I hope is near the next low.

[zcaprd7] 18/2/2016 16:12

No, you're not the only one nursing a loss!

[woodhawk] 18/2/2016 12:46

Unreal. Just banked another 10% profit in little more than 24 hours!

[woodhawk] 17/2/2016 20:01

Finess, I very much doubt that. I would have been myself having initially bought recently at what I had thought a fairly safe-ish £4. However, I have since been trading the recent lunatic volatility quite rewardingly. In view of the berserk lurches (up 10%, down 7%, up 8%, almost daily) I assume some sort of bottom is being gauged amongst the capitulation of some long term holders. In any event, I'm looking at perhaps 5% or 6% divis if I wish to hold longer term from these levels.

BTW Oil prices surging after US close tonight - as inventories far less than expected - so might be another big up day tomorrow (Thurs).

[finess] 17/2/2016 18:29

I must be the only dude holding a loss on these.

[losos] 17/2/2016 16:57

ali47fish - "manager at citadel adding- is that a good sign?"

Hard to say, there's so many reasons for people like that to add, I would like to see more contract announcements like the recent one with the USAF.

Their Foster Whheler arm has considerable experience in 'non oil' related work but there's been little in the way of announcements. It does take time of course but it's fairly obvious there will be little petrochemical work for two years or more so they have to concentrate on other industries.

[ali47fish] 16/2/2016 09:43

manager at citadel adding- is that a good sign?

[pixi] 11/2/2016 18:48

Back in last thing!

[woodhawk] 11/2/2016 16:03

What a wipeout! Sold at £4.22 a few days ago and just bought them back at £3.32!!