Wood Group (john) Share Discussion Threads

[tgaman] 25/10/2022 15:04

That was last week, Puffet.

[puffet] 25/10/2022 14:44

Am still holding from 107p certainly looks like sentiment is changing, fingers crossed . Also JP Morgan raised their price target on the company to 262p so that is probably behind a fair bit of the rise today.

[w1ndjammer] 25/10/2022 13:18

Getting close to breakout
Wow this is cheap, surprised the thread is so quiet….
Think the stuffing must have been knocked out of many investors.


WJ.

[bamboo2] 23/10/2022 18:53

Volume rising.

[bamboo2] 21/10/2022 08:56

The first hurdle is the 50sma at approx 133.20
Price has not closed above the 50sma since 13/6/2022

[jsg123] 19/10/2022 17:14

Yeah 9 million sold!!!

[w1ndjammer] 19/10/2022 15:29

Volume picking up…
Here we go
WJ.

[chutes01] 19/10/2022 14:42

any takeover offer must be waiting on news from Texas before launching

[simon gordon] 15/10/2022 14:43

Interesting piece on the coming capex boom:

The Market NZZ - 14/10/22

We Will See the Return of Capital Investment on a Massive Scale

Market strategist and historian Russell Napier warns of a 15- to 20-year phase of structurally elevated inflation and financial repression. He shares his views on how investors should prepare for this new world.

[tahmina1] 14/10/2022 20:55

yes indeed 100k+ of his own dosh

[willie99] 14/10/2022 18:14

Our CEO has bought another 89000 shares today. That’s starting to show confidence.

[tahmina1] 14/10/2022 17:39

$100 mil is the max excluding gross negligence etc
scare mongering chutes!

[chutes01] 13/10/2022 21:45

Waiting for US judgement to break, suspect over 100 mio
Int on huge debt 8%, they said debt free after sell offs, where has the cash gone, further claims to come ?

[forwood] 13/10/2022 12:23

Why? Seems to be doing fine as it is.

[chutes01] 13/10/2022 11:33

Needs to break 110
Then go long

[forwood] 13/10/2022 08:32

Not seeing the selling here....seeing buying!

Hourly chart below is showing the change and those Ps are positive candlestick indicators Doji Star Bullish - a medium reliable one, followed by Three Inside Up, which has High reliability. Personally, am more influenced by the 3 traditional indicators: MACD, RSI and Stochastics.

First target is 116.50, but imho this is likely to do significantly better. My target is a trajectory to 150

[martyminer] 13/10/2022 07:46

Yes likewise

[tahmina1] 12/10/2022 23:24

I thought you had gone long chutes?

[chutes01] 12/10/2022 22:43

will we see another 15p off tomorrow

[jsg123] 12/10/2022 19:24

Maybe so, but WG has 46% owned by II whereas PFC over 60%.
This took a pasting today, and it leaves a very uneasy feeling.

[tahmina1] 12/10/2022 19:17

I would imagine pension funds have much more in WG than in PFC

[jsg123] 12/10/2022 17:22

But why this one so much more than say PFC?

[forwood] 12/10/2022 17:00

If that is the case - and it sounds plausible - I hope they're done now with that auction.