Member Info for Aucuba

Ice

Give it up and go look at the company accounts. EBITDA stated for project work is not even half the bottom number in your range. 18%-22% is a very precise range so give me the workings - applicable to Wood using company accounts - and I'll apologise but that's not going to happen is it?

That about sums you up - nothing to back up statements so just throw the dummy out with the "I don't care what you think" when challenged.

BTW - I most certainly don't believe you.

Icecool

You have no idea where I have worked - another assumption based on no facts. RNS ultimately did little for Wood today because once the market digested it they saw it for what it is - one new contract with no guarantee of scope. The fact it is a call off type contract so no value given in the RNS - nothing at all to do with confidentiality. Your view of contract values and the 18-22% margins is based on nothing. Take a look at Wood accounts and show me anything other than consultancy which is delivering these margins - it simply is not there

Nuri

Who said this is $300 millions of wins - 2 existing contracts and 1 new. As far as I can tell they are enabling/call off contracts and therefore they can only guess at value - hence no value in the RNS

Icecool - please show me one contract with this type of scope which is delivering anything like 18-22% margins - again just numbers plucked from the air unless you can substantiate with backup

The amount of people on this board who just lay down numbers with no basis in fact or reality is amazing

Nurfi123a

please define "loads" and list them - they are not on the Wood website

Nuri123a

We will see where it ends up at the end of the day how much it gives up!!

I didn't say shooters always get it right but they short for what they believe is a very good reason.

I tend to agree with Pat2014 - shooters know what they are doing and I suggest they get it right more often than not. In this case the drop is dramatic and I personally do not see significant movement up or down until the result of the audit. Yesterday's gain was on the back of a pretty significant market movement to the upside and I expect a drop today on the back of that.

As always whether you are green or red on this one depends a lot on your timeframe. This one needs a lot of time to recover even on the back of a good audit report.

Holding some (enough to keep my interest going) so hope I am wrong but not going to play these incremental daily moves.

Valueseeker

Just ignore/block Jxp101. Just absolute garbage with no basis

FiveCandles

Get a grip. Wood has over the last 5 years or so continually delivered bad news - to the point the market expects it. There was no offer of 230p was rebutted - the buyer walked away. The only people thinking publicly that Wood is woth 230p at the moment is the BoD and we all know their track record on these sort of things.

If that's the case then position yourself for the drop. This one is not going back to 125p before the 20th December unless something dramatic (as dramatic as the last update/RNS/Webinar) happens and I just cat see that happening.

71.62 for Brent crude

OrangeMoon

Don't see the difference here - we are all shareholders and regardless of the size of our loss we should all have the same information - bad as it is!!

Why are we seeing an internal email - which says sod all really - as a buy signal? I think its dreadful he took so long to get this out to employees who have taken up and paid for share options and it says absolutely nothing other than we are all onboard and working as a team to get through this. Of course he takes responsibility but like everything else he says its all a case of "it will be all right down the line"

Looks like this is settling at this sort of level until some news moves it in one direction or the other.

Shame really as it's fundamentally a sound company in terms of its portfolio of contracts and market positioning. Can't help but feel the BoD did a dismal view of the last update and staying silent on a 60% drop sort of send the message they are OK with. that.

Careful Laura2022 - its only 08:30!!!

There's a long day ahead for this one

Whole market is down today and this one is no exception. Really would like to see this rally for all still hanging in there but I see it bouncing around these prices until someone comes along knocking on the door or the management clear up the rationale for or the outcome of the review.

Im still. in with a small amount od shares but really not banking on making a gain on them - just a flutter in my portfolio!

A Houston Investor Visit is in the Financial Events Calendar for the 13th November - love to be a fly on the wall for that!!!!

It would surprise the hell out of me if this gets to 60p by the close. Huge volumes on this - lots more buying than selling and its still falling.

Both now down around 62% YTD.

Steve077

YTD EBITA up 4% counts for nothing when weighed against the same old garbage they have been spouting since this CEO came onboard. I agree it's oversold but not by that much - the external review is worrying as you don't spend money on this sort of thing unless you are pretty certain there is a problem.