Member Info for Aucuba

Head over to their investor relations section on the website. Annual accounts give a breakdown by market segment.

Pokerchips

This one is not dancing around its going down consistently. Peers today (or at least those seen by traders as peers) are flat/up and this one continues on a downward spiral almost daily.

My point about the news release is that they are attention grabbing headlines with many being collaboration/JV's which may or may not deliver revenue/profit in the medium to long term. As always there are different views but we are back to 1 year lows and testing those is not a good sign in my opinion even in the current climate

No amount of news releases regarding new contracts/JV's seems to stop this one going south. Really thought it would have tunred the corner by now ....

Another contract award in Turkey

https://www.woodplc.com/news/latest-press-releases/2021/Wood-awarded-contract-for-Turkeys-largest-gas-reserve

I have a feeling shorters are not finished with this one yet!!

Another contract award - this time with National Grid

Wood, the global engineering and consulting company, has been awarded a five-year framework contract by National Grid to provide digitalisation, controls, and metering upgrades for their gas transmission assets across the UK.

https://www.woodplc.com/news/latest-press-releases/2021/wood-expands-utilities-footprint-with-new-national-grid-framework-contract

Sorry - there was a value in this one - $300 million maximum but split between a lot f JV partenrs and subconmtractors. Still a good news story

Yet another apprent;ly significant award with no indication of revenue etc.

https://www.woodplc.com/news/latest-press-releases/2021/Wood-to-provide-production-and-technical-services-for-FEMA

Not smart enough to work out what all this means but its an interesting (if depressing?) read.

https://www.marketwatch.com/story/john-wood-group-starts-strategic-review-of-built-environment-business-271636702668

Not good news. Guidance for 2021 cut

Pokerchips

That I think is the point i was trying to make. The bears are not winning the tug of war and thats due to their lack of confidence in any real breakout to the upside.

Pokerchips

yeah. read all that but .... its mid November and I'm not seeing any major awards that indicate a stronger second half to the year. There have indeed been press releases relating to securing work but none of it has any revenue stated and the majority are enabling agreements at best which do not necessarily translate into activity.

Your quote of "Take it down... before a rise.... " I dont believe is correct - the market does not like this stock even at around 200p and I can see 150p before their next update unless some good news puts the brakes on the falling knife.

I can see a lot of pressure coming the CEO's way on this sort of performance for shareholder but officers are still banking their "free" shares.

This one is dead. Really disappointing but cant see recovery in teh short/medium term. Its dropping like a stone every day now and id be surprised to see any real movement to teh upside until and if they issue some good news with the 2021 results and thats a way off !!

Lost all faith in this one Im afraid its going south big time. Sold most of my holding a couple of weeks ago and put my money to better use. I'll increase again if i see some good news on contract wins but i think im probably mostly out until 2021 results prove this company can turn things around.

Far too much volatility for no apparent (at least to me) reason other than shorters and general market sentiments on companys labelled as being inm teh "fossil fuel" industry

Siddeek

Possibility is high of what?

and its there - below 200p.

Dont understand "falling wedges" and "double bottoms" but this one is certainly on a slippery slope (not a technical term of course!)

There is no "bottom". It will just keep bouncing with pretty large swings until they start producing some news on contract awards etc. Cant see much movement to the upside until the produce an update on results for 2021 and better forward guidance

Doubtless shorting has and although i dont pretend to understand shorting fully i find it hard to see it as the only reason. Even with the recent rise there was very little change in teh short position. Are shorters locked in for a given period of time?

Volatility provides opportunity if you can stomach it.

I dont get teh lack of RNS - they are winning work - its in their news section of their website - but no values declared so I suspect that negates the need to post and RNS but maybe someone else can chime in on that thought?

Cant help you understand today's movement but ..... we have all been here before with this one. I suspect some shorts getting out may be contributed.
I always get a bit worried at these sort of increases with this one as the US market usually knocks it when it opens