Wood Group (john) Share Discussion Threads

[wendsworth] 29/1/2008 14:53

juju43: I'm still monitoring and have not yet bought back in. Good job you didn't take my previous post too seriously! Bon chance.

[juju43] 29/1/2008 13:53

was way oversold and with a great future.got more first thing today.
keep the faith

[wendsworth] 29/1/2008 13:50

Up about 4.5 to 5.0% today despite marginal drop in oil price....Driver???????? I've not seen any specific news ...has anyone else?

[wendsworth] 25/1/2008 09:05

juju: I saw it trading at the 309p level since which it has risen some 40p.if you bought at these levels now might be a good time to box in some profit.

Dextroisomerism: Twas ever thus! One rarely if ever buys at the lowest and sells at the top. I too failed to press the button at 309. However , I'm content to WAIT because I firmly believe that there will be other opportunities ..not necessarily at such a low level. Ask yourself the question ...'Do I think general market turbulence is over and that the 'R' word will not continue to affect the price of oil in the short term?' ....before you deal is my advice to myself when I'm tempted to part with my hard earned cash!!

[juju43] 22/1/2008 22:39

this should see more gains tomorrow

[juju43] 22/1/2008 20:35

i am into both and have high hopes for both

[money_maker08] 22/1/2008 20:32

juju - no its not cheap when compared to pfc

[juju43] 22/1/2008 20:31

still cheap

[dextroisomerism] 22/1/2008 19:41

I should have bought early in the morning but hesitated - a big mistake.

[juju43] 22/1/2008 09:36

would add more if i did not have so many

[dextroisomerism] 22/1/2008 08:42

Still waiting on the sidelines. Wendsworth, does its further drop today now make it a buy?

[atlantic1953] 21/1/2008 22:31

slim9 thanks for that i was new to the stock and looking for guidance from those with more knowledge. wendsworth's comments do make sense to me but i guess we must all dyor. I didnt buy wg but my portfolio has been hammered

Good luck to you slim...

[slim9] 21/1/2008 19:15

Atlantic you miss the point WG. is a WG. thread.

Type DOW & you will find a Dow thread.

Your bland statement could be used on any share in any world market.

Well done for not buying at 440.

[wendsworth] 21/1/2008 18:59

juju43: BE CAREFUL. Regretably even though the share is now trading at a pound below my selling price in December I still consider that it has further to fall in the short term whilst the current general market volatility persists.

Atlasntic1953: So far my trend predictions have been reasonably accurate. As to the 'bottom' this month ??......it is possible we may see a further 10% fall . For the time being I'm not a buyer .

[atlantic1953] 21/1/2008 12:12

Well im glad i did not buy at £4.40 the poster who thought the dow was irrelevant think again...

[juju43] 21/1/2008 09:52

added some more this morn. its a steal

[tripehound1] 21/1/2008 08:33

Even better now, christ when will it stop

[juju43] 20/1/2008 22:39

still consider this a great buying opp.

[slim9] 17/1/2008 18:55

Mad mad day - you would have thought a profits warning went out.........

[juju43] 17/1/2008 12:08

back on the floor . we will see before long

[wendsworth] 16/1/2008 20:26

Touched 350.5p today and ended @ 359.5 to 360p i.e. down almost 7% on the day.

Doubtless there will be a 'dead cat bounce' but do not agree that the 'uptrend is intact'...indeed quite the opposite in the short term.

One has to remember that the low for WG. over the past twelve months is 235.5p so its had a good run and has only re-trenched from its high over the Christmas period and in reality since last Monday when it started the week at the 430p level.

juju43- Don't get me wrong I'm convinced there will be an upwards trend for this stock but not this month with all the turmoil and uncertainty currently in the US markets/economy.

[dextroisomerism] 16/1/2008 20:12

Wendsworth, I didn't buy - my cash is still intact but they are very tempting at this price. Do I have the patience to hold off any longer?
Money maker - I think your appreciation of CAPE is very astute. I have been considering them very seriously. Comment in the Times 2 weeks ago stated that their safety services to the oil industry will be a high profit business over the next few years e.g. the BP safety disasters that have to be sorted at any cost.

[juju43] 16/1/2008 14:39

uptrend intact. my trade looking better now

[dan_dare] 16/1/2008 12:57

I have LO position at 340 as a gapfill from last August at 337. Possibly later this week? but as I've been waiting for this since October 2007, so a week or so is neither here nor there in the great scheme of things. Looking for the RSI to be at 40 on the weekly chart an equivalent to 23 June 2006. All gaps eventually get filled.