Wood Group (john) Share Discussion Threads

[ashkv] 15/12/2022 11:41

hxxps://www.prnewswire.co.uk/news-releases/sparta-capital-sends-letter-to-board-of-directors-of-wood-group-301697697.htm

Undervalued in absolute terms

Taking your CMD assumptions about market growth, revenue growth and margins, and resetting your cost of capital on metrics appropriate to Wood with its much-reduced operational risk and its conservative balance sheet, delivers a DCF value of c.330p per share, some c.160% above the current price.

Undervalued according to research analysts

The average analyst price target (221.6p) represents some 71% upside,[3] with the highest target set at 285p (+124%).

[ashkv] 15/12/2022 11:39

I am surprised the following letter from an activist hedge fund wasn't published on this chat - hxxps://www.prnewswire.co.uk/news-releases/sparta-capital-sends-letter-to-board-of-directors-of-wood-group-301697697.html

[iconista] 05/12/2022 18:14

Blackrock still closing short herehttps://shorttracker.co.uk/company/GB00B5N0P849/

[chutes01] 04/12/2022 23:53

Death spiral remains intact here
A shorters wet dream
This won’t survive 2023
What a mess, £8 Billion wiped out

[iconista] 01/12/2022 07:30

Blackrock has reduced its short here again

[pogue] 29/11/2022 16:45

PFC taking a beating today as well obviously its going bankrupt too lol

[chutes01] 29/11/2022 15:08

more likely a sell from earlier, heading down again, abs shocking numbers to offer on CM day
shareholder funds have been treated with utter contempt here over the last few years, no word on divi resumption ? huge debt pile remains
Heading below 100p this time, the Q is, will the company survive in its current form, it may be finished now

[sbb1x] 29/11/2022 14:32

500,000 buy

[sbb1x] 29/11/2022 14:25

Grabbed a few more.

[sbb1x] 29/11/2022 14:13

Was that double bottom ti scare a few out...

[sbb1x] 29/11/2022 10:12

Nice 100k buy

[sbb1x] 29/11/2022 09:44

Gap created this morning, should close the gap.

[pogue] 29/11/2022 08:45

A sad and bitter ex employee surviving on the dole in a one bed flat in Aberdeen is what I envision when Chute's posts.

[babbler] 29/11/2022 08:37

All of this was known pre today's rns.

[iconista] 29/11/2022 08:33

I use chute's posts as a buy signal.It's a method that's not let me down yet

[chutes01] 29/11/2022 08:26

There we have it
Watson nearly busted the company
Stewart was just plain out his depth
Huge legacy fees to pay 2023 inc SFO
Reputation of middle management and HR rotten across the sector
Debt pile still over 300 Mio with huge interest charge
This may not survive, one big gravy train for pensions and bonus extortion

[bamboo2] 29/11/2022 08:19

Bought a few.

...bit too soon...!

[kibes] 29/11/2022 08:15

A big hit but volumes traded are tiny. The plan doesn't look that bad to me.

[puffet] 29/11/2022 08:14

Am out 100% nothing in this to instill much confidence.

[puffet] 28/11/2022 13:12

Big Day tomorrow lets see what the plan is moving forward. Am in from 107p so sold half this morning but will let the other half run till I see the master plan. fingers crossed.

[bigbigdave] 22/11/2022 12:13

Pzena Investment Management, LLC new 5% shareholder

[iconista] 21/11/2022 12:24

Blackrock and GLG are gradually closing shorts here

[volsung] 16/11/2022 12:37

Looks to be breaking out.
Bought a few more for the SIPP