Wood Group (john) Share Discussion Threads

[silverfern] 23/7/2009 18:02

wends: thanks, but I see the US economy is the bigger driver. The statement issued in May is key I think: " The contract is not material to the company and will not affect 2009 trading", the spokeswoman said. How can you disgaree with'spokeswoman'?

[chillwill] 23/7/2009 13:03

You are worried about Venzuela... yet you'll buy back in under £2.50?

I'm holding on, in at 2.53 (had a long on spreads from 232 - 255 as well) so they're doing me ok, looking to hold until the end of August - hopefully be £3+ by then.

[wendsworth] 23/7/2009 12:21

silverfern : Have just sold my entire holding for a quick 12.5% return. Don't particularly like the news from Venzuela.

Will monitor and look to buy back in sub 250p.

[silverfern] 17/7/2009 10:57

No. Small trader volume prob. The correlation between PFC price and WG. seems broken right now. I'm holding to see whether this bucks back up after summer - I see 320p as mid term postion as oil stablises and investmet picks up.

[miss womble] 17/7/2009 08:19

What a strange selling pattern this morning, anybody got an explanation.

[chillwill] 01/7/2009 12:52

optimism there lol! Mining index up closer to 16000 would help it get up to 300 and beyond. Managed to get some at 253.4p a couple of days ago, so pretty pleased so far :)

[shammytime] 01/7/2009 07:41

-Market conditions remain broadly similar to those outlined in previous guidance.
-Longer term market fundamentals for services and products remain strong.
-Continues to extend services and broaden international presence.
-To ensure company is well positioned to resume good growth as energy market recovers.

Very nice - I'd expect this to be back at 300 today

[jonnyp2004] 30/6/2009 14:58

Are we seeing a little Petrofac magic rub off on Wood here?

[chillwill] 22/6/2009 13:11

starting to look more tempting... don't want to be catching a falling knife though.

[slim9] 07/6/2009 14:46

Ol services group Wood raised its 2008 dividend – and current consensus forecasts indicate a further uplift is likely in 2009.

The shares are yielding just 1.9%, so there is still plenty of scope for the company to increase its payout, as the dividend is more than 4 times covered by earnings. The shares are now trading on a December 2009 earnings multiple of 11.8 times, which is a discount to peer Petrofac, which is trading on a forward multiple of 12.6 times. Buy Wood says the Telegraph.

[dasv] 04/6/2009 14:03

Stopped out at 296p

[dasv] 01/6/2009 16:35

interesting price movement today. Amec bid? crude price? Economic recovery? playing catch-up with peers - e.g. PFC?

[blogit] 31/5/2009 15:37

Interesting piece on Wood here... www.tradinghelpdesk.com

[saltaire111] 26/5/2009 21:15

AMEC bid coming?

[philo124] 26/5/2009 17:49

Good Progress!

[slim9] 26/5/2009 14:45

Recent Fib chart 285 early target.

[mbienz] 26/5/2009 14:36

hi slim, what do you mean ? thx

[slim9] 26/5/2009 13:00

WISKER AWAY NOW.

[wendsworth] 15/5/2009 12:53

Petrofac RNS not good news? Factored in by WG regarding 10% anticipated reduction. Retrace in short term?

[chillwill] 05/5/2009 13:37

Interesing Blackrock have acquired some more as they've been dumping stock of Hochschild (HOC)

[slim9] 14/4/2009 11:23

285 then 325p next stop.

[wendsworth] 25/3/2009 21:15

slim9: Am monitoring . Thanks for your input.

[slim9] 25/3/2009 21:12

well done W, oilers are taking off now - so - wait & see.

[wendsworth] 15/3/2009 20:49

slim9: I'm not so sure ref AMEC in the short term. Citigroup downgrade on Friday plus today's OPEC announcement 'not to reduce uotput for the time being'..will surely impact on the oil and related sectors for the next month or so.

Took my profits on WG ..Friday afternoon ...having purchased for 179 ...my post 32 of 3rd March refers. A rise of 54p in these markets over such a short period of time was just too much to resist! Only time will tell 'if there was more juice in the lemon'!!!??????