We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Thanks Mary I’ll take a look, already have sizeable position in SPT -great biz far too cheap
Thanks Chelm
Agree. They hoisted a "For Sale" sign last year so been on my radar despite trimming.
With a sub zero average cost I have been adding in the low 140s already. Time for a rally up for WG. board to prove their worth.
My other raves atm are TRN GNC& SPT such is the pullback from the recent highs and the director buying particularly in GNC. I see another chunky 50k bought this morning.
been almost a year since the apollo bid @ 240 which was abandoned without explanation.
the business has stabilised and on a much sounder footing since then and has a very impressive order book with the potential of a reinstatement to the dividend list which the times touched upon after the last recent update .
i feel only a matter of time until either apollo has another go here or other candidates will come to the fore to take advantage of these very oversold levels.
i also note that david lockwood as been appointed to the board as a non executive director commencing 12th march, david has a very impressive track record-recently stabilising and growing bab**** to health besides selling cobham to a us private equity predator.
this company’s days of independence is numbered imo and a great opportunity here…
before bab**** didn't he turnaround a previous company for a sale?
A great appointment - David Lockwood - look at that experience, know-how and previous positions. Hopefully, he will help WG move forward to a decent valuation from where it is now.
Haha. Just googled marshall Wa and found my comical answer!
What do theyvsee that I am missing?
Or were they caught out by a decent update and now trying to manipulate the price to save them?
Strange behaviour with these tiny ups and downs reported a day later.
Good posting Cheshire !
FYI:
https://www.woodplc.com/news/latest-press-releases/2024/wood-drives-significant-growth-in-middle-east-with-850-million-of-wins-in-2023
https://www.woodplc.com/news/latest-press-releases/2024/wood-continues-long-standing-relationship-with-equinor-in-brazil
GLA
Possibly gearing up for forthcoming M&A season,....drive it lower then the upside is so much greater?
Pure speculation on my behalf, and could be both ways, as we approach the anniversary of Apollos walk away and the outlook looks brighter for the sector, to a certain extent and depending on your own point of view.
GLA
More like a bid for James Fisher from WG. / merger synergies
I don't really understand what's driving this move. No news and from a technical perspective, it had cleared the resistance of the down trend back in mid December, so it 'should' be on and upwards.
Knives out for this one again!!
Really thought this had settled into a new area around 170 but yet again it proves me wrong. You really can't take your eyes off it without some sort of bounce - usually to the down side!
VT- I couldn’t have explained it as well as you have in charting terms, but I concur with your sentiment. The SP seems keen to rise for no obvious reason, when many other stocks are in the doldrums. It’s almost a year since Apollo approached us, but it finally feels like we are starting to rise to that SP territory, and hopefully, beyond 240p.
Imo, c1.77 is at top of the downward channel which commenced during 2019, probably been a lot of technical driven bearish bets which were profitable during this period, however a concurrent bottoming pattern looks set to win out, so imo we are at quite an important inflexion point which could be causing some of the volatility and imo could result in a bullish breakout
Fidelity have seen value, but the value is longer term.
If the management team turn the company around, which appears the first green shoots are there, then the SP will naturally recover in time. Failing that and on the same progression, then you would have to think envious eyes would again be looking on and again have some Blue Horseshoe, who knows.
It's a hold all day long for me, but I now only hold a very small position, as I'm way over my exposure limits in PFC, albeit it's a pure binary play for me, I see greater uptick in PFC than WG, but that's not to say there won't be any uptick in WG, there may be, or there may not, time will tell.
GLA
Equally perplexed and frustrated JG.
Do feel like it is being yoyo'd for someone's advantage.
I went against better judgement and have traded in and out a chunk and at least partially caught that last swing with a couple of k. Sold them again a moment ago hoping this isn'MW closing and about to miss a leg up with a portion of my original investment.
How do they get away with this?
It's beyond blatant, this isn't supply and demand its bordering in fraud imo to drop a price so much, allow someone to load up, and then rise it up again.
This is the work of humans not Bots.
Many shares on the stock market are like this. Hard to use the term investment, it's more akin to gambling or the 2.30 at Kempton Park !!
When you get volatility like this for no apparent reason, it makes me want to sell and just take the profits I have.
Thinking about it even if dividends are reinstated, the earning from them and likely rise in sp ( which won't be seismic) will still be not worth risking a decent profit for now.
This is why the UK is a dead place to invest and make profits.
Coincidence that MW increased their short Friday, course not
Games, doubt it’s legitimate
Wtf and ffs
Strange open
PFC? now that would be super.