Wood Group (john) Share Discussion Threads

[scepticalinvestor] 15/5/2023 07:03

Ooof poor shareholders. 100p open?

[dipa11] 13/5/2023 07:44

Thermosolar Heat ExchangersIn the early 70's, before solar power became mainstream, Wood worked with the US Department of Energy to design and develop the first concentrated thermal solar power plants. Since then we have been involved in solar steam generating projects for most of the utility-scale thermal solar projects in the world, totalling over 50 projects.Today, in addition to offering individual steam cycle thermal components such as feedwater heaters, preheaters, evaporators, superheaters, reheaters and condensers, we also offer the entire steam generating island on a turn-key basis for both parabolic trough and tower solar thermal power plants.Heat exchangersWell supported by our thermal product experience we supply the best solutions for shell and tubes heat exchanger. With a detailed flow stream analysis (including process chemical elements) and finite element stress and vibration analysis we provide a full range of HX equipment such as: reheater, shutdown cooler for nuclear generating station, economiser for solar power plant.

[pogue] 12/5/2023 10:36

chutes
do you really think Apollo haven't finished due diligence by now?
Gone short have we?

[dipa11] 12/5/2023 09:59

"Such announcement must now be made by not later than 5.00pm on 17 May 2023. This deadline can be further extended by Wood, with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code. There can be no certainty that any offer for Wood will be made. Further announcements will be made as appropriate.17 Apr 2023"

[chutes01] 12/5/2023 08:14

140p here if Apollo discover further accounting anomalies in legacy contracts

[pogue] 12/5/2023 08:05

Different story here the management have been fine tuning the bid for months as they thought Apollo were in the right ballpark price wise at THG the bid was not in the right ballpark to start fine tuning it clearly.

[wynmck] 12/5/2023 07:44

THG terminates their discussions with Apollo...fingers crossed here

[pogue] 11/5/2023 14:24

Thats not how the post reads but doesnt matter if the price was dropping the deal would be off so assume for now its still on...

[gargoyle2] 11/5/2023 13:49

@pogue, presumably the bit about WG trading in line with expectations and momentum remaining good, i.e. no nasty surprises for the bidder.

[wynmck] 11/5/2023 13:45

extended deadline to bid expires next Weds
article on This is Money Business section if interested

[pogue] 11/5/2023 10:28

yes but which part of the RNS prompted you to say that?

[ayl30] 11/5/2023 09:26

I didn't say that, I said a takeover was confirmed as likely. I.e. more likely than not offer will be formalised

[pogue] 11/5/2023 08:14

Seems pretty standard to me what part makes you think the takeover is confirmed?

[ayl30] 11/5/2023 07:43

Results today would seem to confirm that takeover is likely

[chutes01] 03/5/2023 15:52

2 weeks until buy out, 240p
One of the biggest muggings ever witnessed on the market
Robin Watson and Stewart complicit in robbing LTH, corporate theft, legalised behind the 'shield' of incompetence.
Cost shareholders billions, strange how SIW has kept quiet through all this, it's not like him ...

[weaverbeever] 17/4/2023 15:38

Ignore that. Was not stagecoach. I bought national express. Apologies.

[weaverbeever] 17/4/2023 15:34

Rightly or wrongly I've sold out today chaps. 226 ish. Happy enough as made good money here as bought 3 times circa 140. 160 & 180 ish. Been a decent day as I also hold a wod of THG. Makes up for super dry nightmare last week. I bought some TEK and stagecoach today also. Good luck all holders. I like to see people doing well and having success.

[pogue] 17/4/2023 12:28

very interesting thanks for that on THG. I notice the RNS does not indicate a bid price. Could be the same as here low bid then increase it a little to satisfy honour.

[brucethegoldfish] 17/4/2023 12:15

Apollo also now launching bid for THG.

They are certainly on the acquisitions trail!

[wynmck] 17/4/2023 12:01

Apollo in for THG now-hope theyre not spending money meant for here

[pogue] 17/4/2023 10:45

The incompetence of management is the same across the sector EPCs always buy other EPCs when the market is high, Apollo who are business people clearly know a bargain. If you want to compare SPs 6 years ago Saipem was nearly 13 euros now its 1.49 euros a share. The market is at the bottom all EPCs are bombed out WG management did the same as others did before them. Something to remember about the sector when we do go back up any EPC buying another is a bad deal lol, mind you there will only be one EPC left on UK stock market when WG go and I am not that sure I want to buy PFC shares again for a variety of reasons.

[chutes01] 17/4/2023 10:42

Watson and Stewart utterly incompetent
Should be seen in court with the money they took