Wood Group (john) Share Discussion Threads

[juju43] 18/12/2007 11:33

can anyone do a chart here

[lobby ludd] 18/12/2007 11:25

All the Oil Services sector doing well.
As Mark Twain said 'IN A GOLD RUSH - SELL SHOVELS.'
Though in the case of Wood, Amec, Hunting, Petrofac and co, it's an OIL RUSH that we are seeing at present.

[juju43] 18/12/2007 11:01

pfc had great statement this am and its shares are flying

[lobby ludd] 18/12/2007 10:55

'Something out there'? No, just a trading statement due tomorrow from Wood, and expected to b a good one.

[juju43] 18/12/2007 10:27

coming up off a double bottom ,new high ground ,through resistance at 439,rsi still in buy territory. VERY bullish -imo

[slim9] 18/12/2007 10:22

Ju - Amec & WOOD have been moving into new "Break out Ground " together.

Something out there.

;-)

[juju43] 18/12/2007 10:10

another rumour ?

[juju43] 13/12/2007 12:57

this would be immediately earnings enhancing to amec

[slim9] 12/12/2007 22:23

edjgee - 385p appears to be the floor.

Expect next TS to be ahead of Expectations.

Wood (John ROUNDUP Wood Group posts forecast-busting H1 figures, outlook pleases market




LONDON (Thomson Financial) - John Wood Group PLC stormed to the top of the
FTSE 250 leaderboard, as the oil services company reported forecast-busting
first half results and implied there would be more of the same for the rest of
the year.
At 1.21 pm, shares in the company were up 6.24 pct or 21 pence at 357-3/4,
after earlier hitting a high of 367-1/4 pence, and bucking a depressed market,
with the FTSE 250 trading down 44.10 points at 10,925.
Wood Group reported a 64 pct rise in first half pretax profit to 124 mln usd
on revenues up 35 pct to 2.1 bln usd, significantly above estimates expected by
analysts at ABN Amro, Merrill Lynch and Evolution Securities.
Coupled with a bullish outlook for above-expectation full year results, ABN
Amro was prompted to raise its recommendation to 'buy' from 'add', and Merrill
Lynch said it sees consensus estimates moving up 5-10 pct.
Credit Suisse raised its EBITA estimates by 3 pct to 296.4 mln usd from
286.7 mln, while its EPS estimates were increased 4 pct to 35.2 cents, 7 pct
ahead of consensus.
Margin improvements, to 6.8 pct from 5.7 pct last year, contributed strongly
to the top-line figures, although sustaining that level of growth is not a
given, according to chief finance officer Alan Semple.



S

[edjgee] 09/12/2007 16:34

Good strongt co waiting for the drop to join you all

[nobbyk1] 08/12/2007 02:20

no wonder no bodys talking ?

[ntv] 05/12/2007 09:48

surprised this hasn't bounced today with rest of oils
have to be patient i guess

[juju43] 05/12/2007 09:39

this tends to be over-influenced by oil price .some forecast by fat prophets

[lobby ludd] 04/12/2007 14:18

Strong rading staement today from another Scottish company Weir group, refers to strong conditions in 'the oil and gas sectors', and expects year end results to be at the 'upper-end' of expectations.

[juju43] 04/12/2007 12:41

i have added some today

[dextroisomerism] 04/12/2007 12:39

Wood is quite highly geared (32%) , whereas AMEC has a lot of spare cash from the sale of its non core businesses - another reason why the 2 would fit well in a merger. Wood at 380 are very tempting - if they go any lower , I will be buying.

[wendsworth] 03/12/2007 08:19

Sounds like the 'dream' merger . Would it to take place I could see the combined share price powering up to the £10.00 level.

Promoted as share of the week by 'Fat Prophets'.

[dextroisomerism] 29/11/2007 21:00

My understanding is that Wood are greatly expert at deep water exploration which is where a lot of future finds will be made (as in the recent large Petrbbras/BG find off Brasil). AMEC are expert at difficult terrain land oil engineering - with a lot of the contracts for the Shell fields in the Athabasca oil lakes. The 2 together would be a powerful combination - a merger of equals but complementing rather than duplicating each other.

[juju43] 29/11/2007 10:51

added some more of these this morning .all very positive

[aim_trader] 29/11/2007 09:21

John Wood Group
28th November 07
Buoyant energy prices will in our view continue to drive demand for the specialist services of world class providers such as John Wood. We believe this bodes well for earnings growth and in turn share price performance.

[pip] 28/11/2007 15:57

Are we talking takeover or merger!? As you say the words are very carefully chosen! LOL

[wendsworth] 28/11/2007 15:54

dextroisomerism: You're right regarding AMEC and Wood being excellent companies in growth areas .

However, I'm not sure I fully accept this Monday's carefully worded statement from AMEC ......where the CEO is VERY keen for the company to become a FTSE stock. Amec and Wood Group would make a natural fit and together would become a major global player. Watch this space!

[tripehound1] 27/11/2007 06:29

Wood (John)Plc Press Speculation

RNS Number:5234I
AMEC PLC
26 November 2007


AMEC plc

26 November 2007

AMEC plc ("AMEC") notes the recent press speculation regarding an approach for
John Wood Group plc ("Wood Group"). Given the strong and long-term working
relationship between AMEC and Wood Group, AMEC would like to clarify that this
is speculation and that AMEC has not been preparing an approach for Wood Group.


Enquiries to:

AMEC plc: [phone]

Sue Scholes, Director of Communications
Neil Jamieson, Director of Investor Relations

Media:

Kevin Byram, Partner, Brunswick Group LLP [phone]

Notes to editors:

AMEC plc is a focused supplier of high-value consultancy, engineering, and
project management services to the world's energy, power and process industries.
With annual revenues of over #2.2 billion, AMEC designs, delivers and maintains
strategic and complex assets for its customers. AMEC's Natural Resources, Power
and Process and Earth and Environmental businesses employ approximately 19,000
people in more than 25 countries globally. AMEC shares are traded on the London
Stock Exchange where the company is listed in the Support Services Sector (LSE:
AMEC.L).


This information is provided by RNS
The company news service from the London Stock Exchange

END
SPCQQLFLDFBZFBL

[dextroisomerism] 26/11/2007 19:14

I'm speaking from the other side - I am a shareholder in AMEC but unfortunately hold no Wood Group shares. They are 2 excellent companies in growth areas.

[holts] 26/11/2007 16:51

Amec have been a bit blunt, speculate away, I say.