Wood Group (john) Share Discussion Threads

[ch1ck] 19/4/2018 09:31

The synergies created by the Amec Foster Wheeler deal are massive. The market took the view that there was a risk that this enlarged company may not integrate the Amec successfully. This lowered the price to its present level.Recent news shows that with 4 billion of sales in 40 countries that this company is a major player and some of the cost reductions are coming through.The chart seems to be backing this up and we are staring to see some buying but I cant see massive volumes and moves until this proves it is in an uptrend and a breakoutThis is one to get in early if you believe the oil price rise will stimulate more contracts for the company

[pogue] 19/4/2018 08:30

So whats the reason to buy Ch1ck? Why has this one not responded to the rising oil price like PFC? It should have risen by now what's the negatives holding this one back?

[ch1ck] 18/4/2018 20:55

Nice move up today which was expected as it goes ex div tomorrow. I'm expecting a 2% drop followed by a strong recovery

[ch1ck] 13/4/2018 13:45

Massive tree shake This goes ex Div on the 19th I can see a strong push up from here

[ch1ck] 13/4/2018 09:36

I have just read the 2017 company accounts and they are as i expected. No synergies and cost savings from the new acquired company. This will take some time to work through.I think there was some buying ahead of results which disappointed some although the price did rise yesterday.I think with the strong rise in the oil price this is a good investment and this dip is an opportunity to pick up a quality company.I bought more at 522p

[ch1ck] 12/4/2018 17:04

Another 2% rise on a down da,y there is a definite move away from tech to defensive stocks

[ch1ck] 12/4/2018 08:42

Oil is spiking up on sanctions which is great for producers the knock on effect for WG will be positive.A good time to get in

[chutes01] 11/4/2018 16:55

ready to pounce here

[chutes01] 10/4/2018 21:48

little wedge ready to bounce to 600p quick

[ch1ck] 10/4/2018 20:38

Nice 2.8% move up today let's see what happens next.

[ch1ck] 09/4/2018 09:59

I spent the weekend reviewing my current and past holdings and came to the conclusion that this stock could make some strong headway this year.The restructuring news is in the price and is way over done. The cost savings have already exceeded the expense (according to IC)Brokers had a sell rating on these at 620p and I think this will be revised to accumulate very soon.Div is due and looks solidI bought more today.Hot sectors for this 1/4 look to be defensive stocks

[eisler] 28/3/2018 08:55

Sub 500 and these will start to look attractive

[ch1ck] 26/3/2018 14:17

This is now looking cheap with a div in US dollars due next month we may see some institutions picking up the stock to get the div and capital rise

[ccr1958] 24/1/2018 08:53

Bought back in today ,sold a few FEVR .

[losos] 12/1/2018 17:25

Gateside - "Yes AMEC use to pay a dividend in early January."

I think they had cancelled it anyway haha. Was a disaster from the moment they bought Foster Wheeler. I hope that WG. will prove to be more astute. I'm still underwater but at least I can look forward to a dividend in May :-)

[maurillac] 09/1/2018 13:31

Ok thank you gate side
M

[gateside] 09/1/2018 13:18

Yes AMEC use to pay a dividend in early January.WG. goes Ex-dividend in April and it's paid in May.

[maurillac] 09/1/2018 11:07

is there a dividend due in early january ? maybe im thinking of the old amec ...
m

[essentialinvestor] 13/12/2017 18:03

Under £6 more than possible.

To get down to below 5.60 may need some SFO news, just IMV.

Added back 30% of what I sold at the open, as mentioned very surprised
the open was not sharply lower, update was far from brimming with confidence.

[wolfhound1] 13/12/2017 17:25

Looks like the 560p is looming - I wonder if the support level will hold ?

[essentialinvestor] 13/12/2017 08:11

Out at the open, surprised it opened up but not complaining!.

[gateside] 11/12/2017 20:58

Yes... Their website says trading update due on 13th Dec

[essentialinvestor] 11/12/2017 09:10

They update on Weds from memory.

Looking at the US listed sector, some share prices are near 12 month lows.

[wolfhound1] 08/12/2017 11:27

Looks to me like share price after a triple top is being walked back down to the 560p level - keeping powder dry for now