Wood Group (john) Share Discussion Threads

[puffet] 04/10/2022 16:26

Sold at 136p nice 14% in a week got to take a profit when its there :)

[iconista] 04/10/2022 09:03

You're clearly still drunk

[chutes01] 04/10/2022 08:26

Rally will falter
Short to 55

[iconista] 04/10/2022 08:05

Hey, Chute. You got yourself into quite a posting frenzy last night. How's the hangover?

[chutes01] 03/10/2022 22:02

If Credit Suisse falls, a raft of others go too, the ideal time for this to be wrapped up.
I suspect advisors have been riding this like Flyn for a while now, years of nepotism, incompetence and arrogance coming home to bite existing coupon holders as the music finally ends and the lights go on.

[chutes01] 03/10/2022 21:25

If court case goes against Wood, its over here
Suspect investment bankers hired to wrap this up and spin any value into a new entity
Watson will just blame AFW which was bought without any proper DD

[chutes01] 03/10/2022 21:22

All profitable divs sold now to pay down debt
SFA left to generate income, BE/ Nuclear gone
If Texas goes against them, and they were pleading for a deal at less than $700 Mio it’s lights out and Aldi are in
£40 Mio PA to SFO continues
Watson has stitched this up pretty
He’s off to Honeywell to cause carnage there
Give an idiot an honorary degree and a CBE

[iconista] 03/10/2022 08:10

You were up late, Chute. Something on your mind?

[chutes01] 03/10/2022 01:08

The best big short in town
If it co-incides with lawsuit news all bets are off
Only risk will be trying to close out shorts

[chutes01] 02/10/2022 20:40

are you short to 60p

[terminator101] 01/10/2022 21:47

Thought I would look into this.

Long term down trend ✅

£30m H1 profit yet mcap over £880m = massively overvalued ✅

Markets generally crashing & companies won’t outsource ✅

Looking for sub 60p.

[chutes01] 29/9/2022 20:11

holding above $1 right now, will it sustain or ready for capitulation as this smelly market will punish the dead Wood
Freeloaders, abject incompetence and big bonuses leaves existing coupon holders stranded

[puffet] 28/9/2022 14:54

I have taken a few at 119p here I think the risk/reward from here is much better than it was. Short term trade initially.

[ashkv] 28/9/2022 11:56

Puffet Thank you very much for the heads up - press article is now on Wood Group Investor Page -

hxxps://www.woodplc.com/news/latest-press-releases/2022/bp-awards-Wood-multi-region-contract-to-support-efficient-and-safe-energy-production

[hamhamham1] 28/9/2022 11:03

Just bought smidge over 6k x of these.

[puffet] 28/9/2022 10:08

I mentioned a few months ago that Wood had won the BP contract - it has now been formally announced as a a new multi-region, five-year engineering services contract with BP, valued at around $350m.

[ashkv] 28/9/2022 08:08

Wow was just reviewing WG EPC peers on LSE and PFC now almost sub 100p too... amazing buying opportunities in the market - folks will do well on a short to medium term horizon.

[ashkv] 28/9/2022 08:06

Berenberg update from the 22nd of September - subsequent to the completion of the Built Environment Business for $1.8 billion dollars -->

"Analysts at Berenberg lowered their target price on engineering and consulting firm Wood from 300.0p to 275.0p on Thursday after its environment and infrastructure business was acquired by WSP."

"Berenberg said Wood was likely to end the year with close to zero net debt, highlighting the "striking gap" between its current market cap of roughly £1.0bn and consensus underlying earnings estimates for 2023 of $500.0m."

"we continue to see this as an interesting and deeply mispriced asset for investors with the patience for the anticipated recovery."

Patience is they key word here.

[ashkv] 28/9/2022 08:05

If anything FTSE is now a consensus buy as compared to most other Share Indices given the plethora of international firms earning in USD, weighting to defensive sectors vis-a-vis still overvalued tech shares..

WG should announce a Buyback ASAP - share price is ridiculously low - folks buying at these levels will bee laughing all the way to the bank...

Practically debt free and with analyst targets in the 300p range - taking into account all potential liabilities

[chutes01] 28/9/2022 06:59

Markets will see this below a quid
85p May level off
Almost criminal tbh
Market set for a major drop, can see 1000pts + being dropped in a session

[chutes01] 26/9/2022 00:17

Will the death slide continue at wood or will the yanks bite this time
It might just be too tempting at $ parity

[plentymorefish] 23/9/2022 15:00

He’s being remarkably quiet today considering the share price performance today!…..

[plentymorefish] 23/9/2022 10:15

It was tongue in cheek re our resident pest!….

[bc4] 23/9/2022 10:13

It was a director buy

JOHN WOOD GROUP PLC

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

1 Details of the person discharging managerial responsibilities /
person closely associated

a) Name KENNETH GILMARTIN

2 Reason for the notification

a) Position/status CHIEF EXECUTIVE

b) Initial notification/ INITIAL NOTIFICATION
Amendment

3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

a) Name JOHN WOOD GROUP PLC


a) Description of the ORDINARY SHARES OF 4 2/7 PENCE EACH
financial instrument,
type of instrument

b) Nature of the PURCHASE
transaction

c) Price(s) and volume(s) Price(s) Volume(s)

$1.57 170,000


d) Aggregated information

- Aggregated volume 170,000

- Price $1.57

e) Date of the transaction 2022-09-22