Wood Group (john) Share Discussion Threads

[chutes01] 02/10/2022 20:40

are you short to 60p

[terminator101] 01/10/2022 21:47

Thought I would look into this.

Long term down trend ✅

£30m H1 profit yet mcap over £880m = massively overvalued ✅

Markets generally crashing & companies won’t outsource ✅

Looking for sub 60p.

[chutes01] 29/9/2022 20:11

holding above $1 right now, will it sustain or ready for capitulation as this smelly market will punish the dead Wood
Freeloaders, abject incompetence and big bonuses leaves existing coupon holders stranded

[puffet] 28/9/2022 14:54

I have taken a few at 119p here I think the risk/reward from here is much better than it was. Short term trade initially.

[ashkv] 28/9/2022 11:56

Puffet Thank you very much for the heads up - press article is now on Wood Group Investor Page -

hxxps://www.woodplc.com/news/latest-press-releases/2022/bp-awards-Wood-multi-region-contract-to-support-efficient-and-safe-energy-production

[hamhamham1] 28/9/2022 11:03

Just bought smidge over 6k x of these.

[puffet] 28/9/2022 10:08

I mentioned a few months ago that Wood had won the BP contract - it has now been formally announced as a a new multi-region, five-year engineering services contract with BP, valued at around $350m.

[ashkv] 28/9/2022 08:08

Wow was just reviewing WG EPC peers on LSE and PFC now almost sub 100p too... amazing buying opportunities in the market - folks will do well on a short to medium term horizon.

[ashkv] 28/9/2022 08:06

Berenberg update from the 22nd of September - subsequent to the completion of the Built Environment Business for $1.8 billion dollars -->

"Analysts at Berenberg lowered their target price on engineering and consulting firm Wood from 300.0p to 275.0p on Thursday after its environment and infrastructure business was acquired by WSP."

"Berenberg said Wood was likely to end the year with close to zero net debt, highlighting the "striking gap" between its current market cap of roughly £1.0bn and consensus underlying earnings estimates for 2023 of $500.0m."

"we continue to see this as an interesting and deeply mispriced asset for investors with the patience for the anticipated recovery."

Patience is they key word here.

[ashkv] 28/9/2022 08:05

If anything FTSE is now a consensus buy as compared to most other Share Indices given the plethora of international firms earning in USD, weighting to defensive sectors vis-a-vis still overvalued tech shares..

WG should announce a Buyback ASAP - share price is ridiculously low - folks buying at these levels will bee laughing all the way to the bank...

Practically debt free and with analyst targets in the 300p range - taking into account all potential liabilities

[chutes01] 28/9/2022 06:59

Markets will see this below a quid
85p May level off
Almost criminal tbh
Market set for a major drop, can see 1000pts + being dropped in a session

[chutes01] 26/9/2022 00:17

Will the death slide continue at wood or will the yanks bite this time
It might just be too tempting at $ parity

[plentymorefish] 23/9/2022 15:00

He’s being remarkably quiet today considering the share price performance today!…..

[plentymorefish] 23/9/2022 10:15

It was tongue in cheek re our resident pest!….

[bc4] 23/9/2022 10:13

It was a director buy

JOHN WOOD GROUP PLC

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

1 Details of the person discharging managerial responsibilities /
person closely associated

a) Name KENNETH GILMARTIN

2 Reason for the notification

a) Position/status CHIEF EXECUTIVE

b) Initial notification/ INITIAL NOTIFICATION
Amendment

3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

a) Name JOHN WOOD GROUP PLC


a) Description of the ORDINARY SHARES OF 4 2/7 PENCE EACH
financial instrument,
type of instrument

b) Nature of the PURCHASE
transaction

c) Price(s) and volume(s) Price(s) Volume(s)

$1.57 170,000


d) Aggregated information

- Aggregated volume 170,000

- Price $1.57

e) Date of the transaction 2022-09-22

[plentymorefish] 23/9/2022 10:00

It’ll be chutes!….

[mcmather] 23/9/2022 09:53

Decent purchase that (170,000).

[woodhawk] 22/9/2022 15:22

I'm a patient man, just doubled my holding. Average price below 140p.Daft.

[ashkv] 22/9/2022 14:56

"Analysts at Berenberg lowered their target price on engineering and consulting firm Wood from 300.0p to 275.0p on Thursday after its environment and infrastructure business was acquired by WSP."

"Berenberg said Wood was likely to end the year with close to zero net debt, highlighting the "striking gap" between its current market cap of roughly £1.0bn and consensus underlying earnings estimates for 2023 of $500.0m."

"we continue to see this as an interesting and deeply mispriced asset for investors with the patience for the anticipated recovery."

Patience is they key word here.

[ashkv] 22/9/2022 14:55

Appears to have gone positive on WG - FYB I reckon is expanded to Fill Your Boots :)

Chutes01
21 Sep '22 - 19:14 - 799 of 805
0 1 0
Interesting the market gave 10 mins before it reacted, easy 10% for some
Now de-risked, FYB for 250p
If Putin behaves and the wider market turmoil is not too severe

[sbb1x] 22/9/2022 12:03

This should be much higher, buyers getting a gift down here

[plentymorefish] 22/9/2022 11:29

Don’t knock it, throws up good opportunities periodically!….;)

[babbler] 22/9/2022 11:17

Market is illogical

[sbb1x] 22/9/2022 10:24

Bought a few today after yesterday RNS