Wood Group (john) Share Discussion Threads

[juju43] 28/12/2007 14:46

think we have a new high on the horizon

[atlantic1953] 23/12/2007 20:45

Hi I am new to this stock.
Has anyone got a view on their outlook for 2008.The Company does seem to have very exciting prospects.I wonder what a realistic price target would be for dec 2008.??

[juju43] 20/12/2007 08:45

should catch up today

[juju43] 19/12/2007 11:53

the fall here was just silly

[hursheel] 19/12/2007 11:52

Abbot Group plc ('Abbot')
bid

[slim9] 19/12/2007 09:55

Rumoured bid target and oil services group Wood Group expects full-year profits to be ahead of market expectations with all three divisions delivering increased revenues and margins. The group predicts operating profit before deduction of exceptional items and amortization of other intangible assets to be up by more than 45% on last year at around $315m. "Our businesses are performing well in strong oil & gas and power markets," said chief executive Allister Langlands.

From digital look.

[juju43] 18/12/2007 15:45

this should be in for a run with good trading update

[juju43] 18/12/2007 11:33

can anyone do a chart here

[lobby ludd] 18/12/2007 11:25

All the Oil Services sector doing well.
As Mark Twain said 'IN A GOLD RUSH - SELL SHOVELS.'
Though in the case of Wood, Amec, Hunting, Petrofac and co, it's an OIL RUSH that we are seeing at present.

[juju43] 18/12/2007 11:01

pfc had great statement this am and its shares are flying

[lobby ludd] 18/12/2007 10:55

'Something out there'? No, just a trading statement due tomorrow from Wood, and expected to b a good one.

[juju43] 18/12/2007 10:27

coming up off a double bottom ,new high ground ,through resistance at 439,rsi still in buy territory. VERY bullish -imo

[slim9] 18/12/2007 10:22

Ju - Amec & WOOD have been moving into new "Break out Ground " together.

Something out there.

;-)

[juju43] 18/12/2007 10:10

another rumour ?

[juju43] 13/12/2007 12:57

this would be immediately earnings enhancing to amec

[slim9] 12/12/2007 22:23

edjgee - 385p appears to be the floor.

Expect next TS to be ahead of Expectations.

Wood (John ROUNDUP Wood Group posts forecast-busting H1 figures, outlook pleases market




LONDON (Thomson Financial) - John Wood Group PLC stormed to the top of the
FTSE 250 leaderboard, as the oil services company reported forecast-busting
first half results and implied there would be more of the same for the rest of
the year.
At 1.21 pm, shares in the company were up 6.24 pct or 21 pence at 357-3/4,
after earlier hitting a high of 367-1/4 pence, and bucking a depressed market,
with the FTSE 250 trading down 44.10 points at 10,925.
Wood Group reported a 64 pct rise in first half pretax profit to 124 mln usd
on revenues up 35 pct to 2.1 bln usd, significantly above estimates expected by
analysts at ABN Amro, Merrill Lynch and Evolution Securities.
Coupled with a bullish outlook for above-expectation full year results, ABN
Amro was prompted to raise its recommendation to 'buy' from 'add', and Merrill
Lynch said it sees consensus estimates moving up 5-10 pct.
Credit Suisse raised its EBITA estimates by 3 pct to 296.4 mln usd from
286.7 mln, while its EPS estimates were increased 4 pct to 35.2 cents, 7 pct
ahead of consensus.
Margin improvements, to 6.8 pct from 5.7 pct last year, contributed strongly
to the top-line figures, although sustaining that level of growth is not a
given, according to chief finance officer Alan Semple.



S

[edjgee] 09/12/2007 16:34

Good strongt co waiting for the drop to join you all

[nobbyk1] 08/12/2007 02:20

no wonder no bodys talking ?

[ntv] 05/12/2007 09:48

surprised this hasn't bounced today with rest of oils
have to be patient i guess

[juju43] 05/12/2007 09:39

this tends to be over-influenced by oil price .some forecast by fat prophets

[lobby ludd] 04/12/2007 14:18

Strong rading staement today from another Scottish company Weir group, refers to strong conditions in 'the oil and gas sectors', and expects year end results to be at the 'upper-end' of expectations.

[juju43] 04/12/2007 12:41

i have added some today

[dextroisomerism] 04/12/2007 12:39

Wood is quite highly geared (32%) , whereas AMEC has a lot of spare cash from the sale of its non core businesses - another reason why the 2 would fit well in a merger. Wood at 380 are very tempting - if they go any lower , I will be buying.

[wendsworth] 03/12/2007 08:19

Sounds like the 'dream' merger . Would it to take place I could see the combined share price powering up to the £10.00 level.

Promoted as share of the week by 'Fat Prophets'.