Wood Group (john) Share Discussion Threads

[d1nga] 02/4/2020 08:16

Good call volvo
Market appears to be dismissive of the decision.

[volvo] 02/4/2020 07:45

Ahhh and so it came to pass.

Savings of $230m and 70pc of 2020 already delivered and secured, will further top up on weakness

[volvo] 01/4/2020 16:16

For anyone who's interested...WG has been well supported on every down day on L2.

Every time the sellers panic there is a buyer who slowly takes all on offer. Today was a classic example.

Fully expect the company to pull its divi....but at the same time point out its defensive nature and order book...and its earns in dollars.

May take 12 months but the current share price of £1.50p will seem a gift.

April 2021 350/400p imo

[robizm] 01/4/2020 12:18

I hovered over the buy button at £1.41 this morning. All I have been doing is scalping a few £ a day as don't want to hold unless it goes to a kamikaze price.

[fxprotrader] 30/3/2020 17:54

poster above is rackers

rackers = rees4

[robizm] 30/3/2020 15:42

I forgot schools have closed and the kids are home.

[d1nga] 30/3/2020 14:37

Volvo

I think you're wrong re dividend.

Not too long to wait anyway

[volvo] 30/3/2020 14:25

The divi won't be paid imo. Thats another £120m put back into the bank.

Whats the pe ratio, roughly speaking just over 4. So very cheap and by current standards reasonably well funded.

Hows its end markets holding up with the virus slowing the world down and how quick will things recover?

Great recovery play for 12 months time 350/400p

[d1nga] 30/3/2020 13:52

Not for me it hasn't
All depends on the entry price
😊

[robizm] 30/3/2020 13:41

It has been falling for a long time.

[volvo] 30/3/2020 13:39

Recon todays fall is roughly equivalent to the divi...

[togglebrush] 29/3/2020 08:09

March 10 2020 Final results extract

Wood remains committed to its progressive dividend policy which takes into account future cashflows and earnings. This is a key foundation of the Wood investment case which has been sustained through the challenging conditions in our core markets over the last few years.

[volvo] 25/3/2020 17:28

In all honesty if they pay the dividend....they must be mad in this financial climate.

In fact as shareholders you should ask them to refrain, because no one knows where we will be in 6 months time.

[dr_smith] 25/3/2020 17:16

fxprotrader already filtered, zzvqry added.
Shame folks can't see themselves from the outside.