Wood Group (john) Share Discussion Threads

[chutes01] 09/12/2008 19:32

The price of WG is being tracked to the price of crude, this has led to the market cap falling such that we are out of the FTSE 100, leading to a further retrace. The consistent and large director buys tell their own story of what the value is here, contracts are being won to the detriment of Amec/Petrofac and the like.
This is a Co. still in it's infantcy, there is a lot of growth to come.
ADD.

[juju43] 09/12/2008 10:31

she's goin up folks

[harrrley] 09/12/2008 09:53

Hey aspers not to rock your boat but oils been sub $50 for some time now !!

[juju43] 09/12/2008 09:36

oil service groups should be winners in any up turn . i want to be there

[aspers] 09/12/2008 09:31

juju....you will not be sorry, I am in at 180 and yesterday at 163p I really cannot see oil dropping below $50 a barrel when only 3 months back they were predicting $150-200....!!!!

[juju43] 09/12/2008 09:27

money where my mouth is - i bought some this morning

[juju43] 09/12/2008 09:14

agree - ridiculously oversold

[aspers] 09/12/2008 09:04

donny.....dream on, you will not get in cheaper than yesterday, this will now be a slow haul back towards 300p........Thats what the Directors reckon!!

[werock] 08/12/2008 18:32

wig, so did i at 156p.

[wig123] 08/12/2008 17:41

Joined the party at 158................ ;-) roll on OPEC meeting

[werock] 08/12/2008 17:38

the chairman kept buying at the lows.

[pugugly] 08/12/2008 14:46

Not really supported by forward dividend yield at thsi price. On historic diividend of 7.0p yield is only 24.38%. Not quite enough in my books with the sector turning down. .

[ted32] 08/12/2008 11:59

Dealers are confident that WG. is going to be thrown out of the Footsie. When official, I'm sure this stock will have a nice bounce.

[banksy] 08/12/2008 11:41

This is going great guns today ... nice rise on Dow friday and futures today and still down ... looks like if it wants to set a new low before results

[wendsworth] 07/12/2008 21:58

I stick to my comments as at 183,185 and 187.

Not too late to invest in TATE for the short to medium term remains my view.

[jibba_jabba] 06/12/2008 18:10

Topped up 4 times this week... gonna ride it out now.... Company results on the 17th, surely a nice tick up to start soon, OPEC meet on the 17th aswell and they aint happy....hopefully a big cut in output, will fuel the price.

[chutes01] 06/12/2008 15:07

It will bounce back this week.

[pugugly] 05/12/2008 14:29

>chutes01: 80/20 chance will hit 150 (which is my 1st stage bying target) before it gets anywhere near 300.

Oil prices could be as low as $25 nex year ML forcast.

If anywhere near this level development work will dry up.

[chutes01] 04/12/2008 13:41

It is now, loaded up for the next run.
Going to 300p

[werock] 29/11/2008 23:37

sort of double bottom set-up.

[wendsworth] 25/11/2008 12:50

dasv and juju43: Good call but still looks a trile volatile.

Much will depend in the short term on the FTSE review and the oil price is my hunch. Therefore waiting and watching ....Probable re-entry late Spring 2009.

[juju43] 24/11/2008 17:08

i have a holding in wood and may add. way oversold