Member Info for Ant1986

Looking through your post history, you basically only post negatively, despite being 'invested'

You're beyond cynical and clearly have an axe to grind.

Are about the only other sector hit as hard as WG.

Can only think this has been pulled down with oil but that's just stupid, unless oil is trading back at $40, we need not worry about it.

Now 33% off its high set last month.

At 150p the accounts were late and no one knew a sale would happen, let alone getting top $

Nuts this trades at just 25p higher now.

1/5th.

Now wiped off in two weeks.

Nothing logical has driven that.

It's in the results.

50.54% of the shares are held by major shareholders.

Liontrust is top with 5.99% followed by Shroders 5.36% and then FIL Limited 5.14%

Let's see - AGM next week, followed shortly by TU in early July.

I think to be valued @ £1.3bn with little debt and the macro picture I see, despite inflation, is ridiculous.

Even without the arm it just sold, Wood is capable of achieving £400m+ EBITDA. And on any worthy multiple (given 10 year contracts, etc) it should be closer to 300/350p, cautiously!

Any decent fund would be adding this now to grow capital and achieve a dividend yield for their clients.

Significantly outperforming Wood in this environment, which makes little sense. Again, points at short positions artificially impacting SP.

Pretty sure we're seeing BlackRock reduce now, could be their last chance down here with their position size. They were already reducing before the SP took off.

Not buying it was 60/70p overbought. Back to 200p makes more sense.

Think the company has been more than transparent about what is to come and cannot think anyone is expecting huge profits. What they are expecting is the dividend being reinstated very shortly and a much, much lighter debt burden.

I suspect we're waiting for the shorts to **** off and then it will climb.

To go from 250p to 170p in two weeks on that news is completely unwarranted on fundamentals.

Wiped off the share price on the confirmation of the sale.

Doesn't compute.

This is going back up.

Warrant sales are all but done now and this is a hugely coiled Spring. Reckon the MM took a good few and think we'll bounce very hard as a result.

Think Wood has been heavily hit for reasons I don't fully grasp. Debt has massively reduced and with dividend talk being reinstated, the long-term future looks secure. Appreciate debt isn't going to fall this year but the market outlook has monumentally improved is this sector in the past 12 months. Price is only 30 pips off all time low, which is nuts. Wider market has been totally shot this week though.

Surprised that's not in an RNS, very good update!

I don't have the will nor energy to split hairs with you. Whatever you think.

It's wiped much of the debt out, which is obviously vital going into higher interest rates. Drop is well over done here.

With the sale agreed there are lots of avenues forward in this energy market.

By the same token, has there ever been more pressure and financial incentive to explore? I doubt it.

It's held here a few times and bounced and that was before any certainty of a sale.

Reckon we'll be back over 200p pretty soon.

I don't listen to holders who think it has a long way to go down, because if you thought that, you're a total plank for not selling and buying lower.

I have support down around here and looking for a bounce. Surely some contract news is due??