Wood Group (john) Share Discussion Threads

[gateside] 22/8/2018 13:17

I'm in finally in profit with WG.:-)

[losos] 22/8/2018 11:44

EssentialInvestor - Yes, all those things more influential than just one contract. If the FSO investigation does not find anything we might expect more upside. Still underwater a bit so not adding for now haha.

You are right the share price can move rapidly, in my experience that's usually down not up 'tho haha.

[essentialinvestor] 21/8/2018 14:18

If anyone has a TA view, would be interested to hear.

We still have the FSO investigation to complete.

I hoped there would be a webcast, however can only find the statement
on the Investor site.

[essentialinvestor] 21/8/2018 14:07

Integration cost savings increased, '18 earnings forecast at the top end of guidance.
Rational for acquiring AMFW now looks to be validated- or in the process
of being. Knocking on the door of UKX entry.

The share price can move rapidly in either direction, as we know!.
Added on the open.

[losos] 21/8/2018 14:03

jovi1 - Well looks like someone ramping today, up 7% haha. In my view this may have something to do with the recent six year contract with Shell in the Philipines and some other nice contract wins.

That's basicaly guessing on my part, if anyone has better information please post here :-)

[jovi1] 21/8/2018 09:42

Very true but a lot harder to ramp up and dump
Better be in this ones on a he long run plus divi help

[katsy] 21/8/2018 09:32

Funny how no posts on these companies that offer just as much opportunity for profit as those penny AIM stocks.

[edjge2] 23/5/2018 07:51

Well I can only blame ESP for my 21 May post. Nice to see and even better in biotech area as will expand. TSX edit into gene editting to remove disease for example. A 3% price boost not impossible.
Famous last words, oil drop sabotaging IMO. Adder for oil price to ramp up again after breather. Too many references to $100 oil so 90 may be tops.

[essentialinvestor] 21/5/2018 14:33

There are pretty regular contract announcements,
Wood only RNS the bigger ones.

If you go to the investors site and click on News, they are listed.

[edjge2] 14/5/2018 07:53

Essential, agreed.

[essentialinvestor] 12/5/2018 14:01

$100 oil is not something we want, it sets up yet another boom bust cycle,
which is pretty much inevitable anyway, however Mid East conflict would just acelerate
this. If efficiency/Amec integration savings develop as forecast over the next 3 years,
the share price will hopefully respond nicely.

[essentialinvestor] 11/5/2018 13:23

A primary driver behind acquiring AMFW was to lessen the
focus on O&G. It remains by far the largest area of operation.
However, gradually Wood is likely to continue evolving.

Renewables must surely be a key target area longer term,
plus increasing exposure to mining industries.

[losos] 11/5/2018 13:19

EssentialInvestor - Well at least you are in profit (Post 445)well done, I an still under water but at least will get a dividend. 10% rise today pretty impressive. I'm not sure we will see $100 oil any time soon, the US shale boys will just open the taps wide at anything above todays level. Ref. post 448, yes start ups or shut downs all good for WG. haha.

[essentialinvestor] 11/5/2018 13:06

It looks a very positive statement.

[edjge2] 09/5/2018 10:46

EssentialInv if still holding profit got a ways to go imo.

[edjge2] 09/5/2018 08:40

All oilies up as saudis manipulate oil to $100 for aramico sale. Fireworks now with Israelis and Iran and oil likely to get a boost as sanctions back on and nuclear deal definitely off. Europeans may still be friendly but Israel will likely desist that.

[douglas fir] 26/4/2018 16:03

Disclosed positions in WOOD GROUP (JOHN) PLC (WG.)

Notice: We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero.
Fund % short change Date changed
AQR Capital Management, LLC 3.30% 0.06% 23 Apr 2018
Capital Fund Management SA 0.99% -0.02% 1 Mar 2018
Egerton Capital (UK) LLP 0.62% 0.62% 6 Apr 2018
OLD MUTUAL GLOBAL INVESTORS (UK) LTD 0.81% 0.11% 29 Mar 2018
WorldQuant, LLC 0.60% 0.08% 16 Apr 2018
Total 6.32%

[pogue] 21/4/2018 19:51

its in the oil business and oil price is rising that is the good point

[shawzie] 21/4/2018 08:38

Intangibles far greater than shareholder value. No cover on dividend.
What is there to like about this company?

[pogue] 19/4/2018 13:34

sorry forgto to say thanks for your response