Wood Group (john) Share Discussion Threads

[pugugly] 08/12/2008 14:46

Not really supported by forward dividend yield at thsi price. On historic diividend of 7.0p yield is only 24.38%. Not quite enough in my books with the sector turning down. .

[ted32] 08/12/2008 11:59

Dealers are confident that WG. is going to be thrown out of the Footsie. When official, I'm sure this stock will have a nice bounce.

[banksy] 08/12/2008 11:41

This is going great guns today ... nice rise on Dow friday and futures today and still down ... looks like if it wants to set a new low before results

[wendsworth] 07/12/2008 21:58

I stick to my comments as at 183,185 and 187.

Not too late to invest in TATE for the short to medium term remains my view.

[jibba_jabba] 06/12/2008 18:10

Topped up 4 times this week... gonna ride it out now.... Company results on the 17th, surely a nice tick up to start soon, OPEC meet on the 17th aswell and they aint happy....hopefully a big cut in output, will fuel the price.

[chutes01] 06/12/2008 15:07

It will bounce back this week.

[pugugly] 05/12/2008 14:29

>chutes01: 80/20 chance will hit 150 (which is my 1st stage bying target) before it gets anywhere near 300.

Oil prices could be as low as $25 nex year ML forcast.

If anywhere near this level development work will dry up.

[chutes01] 04/12/2008 13:41

It is now, loaded up for the next run.
Going to 300p

[werock] 29/11/2008 23:37

sort of double bottom set-up.

[wendsworth] 25/11/2008 12:50

dasv and juju43: Good call but still looks a trile volatile.

Much will depend in the short term on the FTSE review and the oil price is my hunch. Therefore waiting and watching ....Probable re-entry late Spring 2009.

[juju43] 24/11/2008 17:08

i have a holding in wood and may add. way oversold

[wendsworth] 24/11/2008 17:04

dasv: Understood. Both TATE and WG are a sound basis for your portfolio. Reckon TATE will make REAL headway next month- particularly if it is in line to re-gain its FTSE status.

[dasv] 24/11/2008 09:07

yeah also like tate - has been turned around it seems. Will hold WG. until the cows come home.

[wendsworth] 23/11/2008 19:47

Upcoming FTSE review plus weak oil price will not tempt me back in at the moment.

TATE looks a better investment - right sector : Food , Goes ex-dividend shortly with payment in January , will enter the FTSE in December with resultant boost from tracker funds.

[serious] 23/11/2008 11:03

aspers and dasv.....thanks for the advice. i will hold these long term as i have total confidence in the company and their ability to come through this.on friday i also bought a sizeable amount of lamprell and wellstream.

[aspers] 21/11/2008 15:39

shafted by the frigging yanks again this afternoon.

[dasv] 21/11/2008 10:41

serious, 6k down you are doing well. Add a zero for my (paper) loss this year.

Over last 5 years done OK though.

[aspers] 21/11/2008 08:35

Serious....I would stick, at only 6 grand down thats nothing, at the moment I am 20 grand down mainly due to getting fingers burnt on AIM stocks!!..but so many good buy opportunities at the moment to buy and try and recoup those loses........My main concern here is the falling oil price but to be honest if the price is high or low Wood group still have the work to do......look at DSGI yesterday fell below 10p, crazy so I had the smallest punt every with only £200, happy to lose that but I reckon in 2 years time it could be back above £1 and therefore 10 times earnings on my bet...try getting that in a deposit account!!....whatever good luck.

[silverfern] 21/11/2008 08:33

LAst FTSE quarterly review took place on 10 Sept so must be 9+3 oh sometime soon (sorry, this market mayhem has lost me the ability to add up)

[amla] 20/11/2008 21:11

Seems to have bounced strongly from 175p.Very popular trading stock the last few days.Maybe only 25p in it as the 200p resistance is strong and the 250p resistance is even stronger.
After that we have to see what the MACD does...if it crosses down get out IMO.
Then we're talking about next resistance at 150p...and that is BIG. What happens if we are relegated in Dec?
Lordy,this is all so volatile and nothing is regular,like it used to be.
There's only real gamblers left at this stage of the bear game.
lol

[hybrasil] 20/11/2008 14:50

would you not think it will drop to its 2004 low

[edjgee] 20/11/2008 12:50

Looking at getting some of these for some time. Hope this ;loony market will offer me an entry! Agree with poster above, oil required so with all the stuff that wg does even if mothballing.

[chutes01] 20/11/2008 10:56

The Director buys at above these levels a few weeks ago tells it's own story, ready for a strong move up here again, being driven by wider market sentiment and oil price, but we deserve to be higher, new lucrative Duty Holder contracts being won all the time, at the expense of Amec/Petrofac.