Share Name Share Symbol Market Type Share ISIN Share Description
Wellstream LSE:WSM London Ordinary Share GB00B1VWM162 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 782.00p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 700.7 42.8 34.6 22.6 787.21

Wellstream Share Discussion Threads

Showing 2426 to 2448 of 2450 messages
Chat Pages: 98  97  96  95  94  93  92  91  90  89  88  87  Older
DateSubjectAuthorDiscuss
27/1/2011
17:12
Extension of the Offer The Offer, which remains subject to the terms and conditions set out in the Offer Document, is being extended to, and will remain open for acceptance until, the next closing date which will be 1:00 p.m. (London time) on 3 February 2011. anyone still holding these?
peterbill
13/1/2011
13:51
any ideas whether HMY might be a target for after WSM? A bit of a long shot but recently won a contract for pumps for ships working for oil and gas industry in Brazil.
shoee62
07/1/2011
18:20
http://www.investegate.co.uk/Article.aspx?id=201101070700080440Z Outlook H2 2010 has seen some improvement in key lead indicators and general market activity. This bodes well for continued strength in our Brazil operations and for recovery in activity levels outside Brazil. Longer term, the fundamentals of the sector remain positive with the industry continuing to favour floating production and subsea systems as the most economic development solution for many offshore discoveries. Following the General Electric Company recommended cash offer for the entire share capital of Wellstream plc on 13 December 2010 offer documents were posted by General Electric Company on 20 December 2010. These are available at www.wellstream.com.
peterbill
23/12/2010
08:16
What's happened to Oilwell Varcos intrest?
mida5
18/12/2010
14:10
What was the spike up to 820p caused by?
peterbill
17/12/2010
08:16
somethings brewing - glad i'm still holding
joe_public
13/12/2010
17:01
closing auction 790.....
joe_public
13/12/2010
10:45
shorts closing methinks
joe_public
13/12/2010
08:33
large buys or short closing ?
spob
13/12/2010
08:19
so the mkt got the price about right back in sept
abcd1234
13/12/2010
08:18
some large buys going through many multiples of 5000
joe_public
13/12/2010
08:15
I'm not sticking around to find out Banked 785p
spob
13/12/2010
08:14
GE agrees £800m Wellstream deal FT By Sylvia Pfeifer, Energy Editor December 13 2010 General Electric has agreed to buy Wellstream, the UK oil and gas services group, for approximately £800m as part of an aggressive expansion into energy services. GE, which has twice been rebuffed by Wellstream, confirmed on Monday it will pay 786p a share, including a special 6p a share dividend, for the UK group. EDITOR'S CHOICE GE increases dividend in bullish stance - Dec-10.General Electric bullish on finance arm - Dec-08.GE's £755m bid for Wellstream is turned down - Oct-06.GE emerges as mystery bidder for Wellstream - Oct-04.Wellstream soars on bid approaches - Sep-21 GE's previous offer of 750p, valuing Wellstream at £755m, had been rejected as too low by the board of the UK company. GE confirmed it had made that offer in October and said it was "disappointed' it had been rejected. The agreed deal will end months of pursuit by GE of Wellstream which announced in September it had been the subject of several bid approaches. National Oilwell Varco was among GE's rival suitors. The offer price represents a 29.1 per cent to Wellstream's closing share price of 609p on September 20, the last business day prior to the UK group's announcement that it had received a number of preliminary approaches. The price also represents a premium of 53 per cent to Wellstream's average closing price of 514p over the three months to September 20 and is 5.2 per cent above Friday's closing price of 747p. Wellstream has manufacturing bases in the UK and Brazil and is one of the world's largest suppliers of flexible pipes for the oil and gas sector. One of its main attractions to potential bidders is its exposure to Brazil, which is investing heavily in exploration. Petrobras, the Brazilian energy group, accounts for a substantial part of Wellstream's income. For GE, the deal will mark its second substantial acquisition in the energy sector in two months and will bring together two former sister companies. Wellstream was owned by Dresser 15 years ago. The Texan maker of gas engines for the energy sector, was bought by GE in October for $3bn. The two are seen as complementary. John Krenicki, president of GE Energy, said at the time that the Dresser deal was just the latest in a series of acquisitions in the sector. As a result of the purchases, the US conglomerate has doubled its energy revenues in the past five years to about $30.2bn in 2009. Energy is GE's largest industrial unit and analysts expect it to generate about $31bn of revenues in 2010. Its performance has been sluggish of late as power companies have delayed ordering equipment. Jeff Immelt, GE's chief executive, has identified infrastructure products as an area to focus on as it scales down its financial services arm and returns to its industrial roots. GE's share price has failed to follow the recovery in the S&P 500 since the financial crisis. Mr Immelt said GE would increase its quarterly dividend by 17 per cent to 14 cents a share, last week. Shares in GE closed on Friday at $17.72 in New York.
spob
13/12/2010
08:12
lets hope so - nice little xmas earner!
joe_public
13/12/2010
08:06
786p will there be a counter bidder ?
spob
13/12/2010
06:39
http://www.ft.com/cms/s/0/dc7a2c64-0635-11e0-976b-00144feabdc0,s01=1.html#axzz17yHVwHf4 EDIT 786p
phillis
12/12/2010
23:18
New bid , just shy of £8, apparently
mr.oz
11/12/2010
18:31
Will it be January before we hear anything?
mida5
03/12/2010
09:48
volume up last 3 days how high will GE go ?
spob
01/12/2010
07:56
thanks asif , the possibility of a contested bid is interesting. http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/8171660/Wellstream-opens-books-to-General-Electric-and-Oilwell-Varco.html
flyfisher
29/11/2010
15:43
Original RNS confirming 'receipt of bid approaches that might/might not...' issued by the Board on 21st September..since then ....!!!! Aren't there Takeover Panel Rules ref timescales ? Such a situation materially affects the share price and as such surely needs to be regulated? Am I misinformed ?
wendsworth
26/11/2010
21:05
Are we going to get a bid?
mida5
16/11/2010
08:06
IMS v short Obviously v busy with other things!
phillis
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