http://digitaleditions.telegraph.co.uk/data/1048/reader/reader.html?social#!preferred/0/package/1048/pub/1048/page/91/article/NaN
Yes HUGE wouldn't be surprised on someone's radar, Halliburton would be my idea they recently announced decent update and we so cheap compared to them, this will continue to re rate so oversold it's ridiculous..
sensible move
still nice to switch the hoover on and get some cheap stock on board, then sit back and wait for the rewards i'm a patient man
In anyone's opinion who has a brain..
Never ever a 20% move . the market can't read a book , algos just murder stocks that's why you have this crazy volatility , must be ripe for a an approach , great biz doing well and v sound balance sheet...
You would think they have warned, what ajoke should be small up on that update
Ridiculous reaction...
Impossible to get the bottom this is absurdly cheap and you will double your money, just need some patience and look through all this short term nonsense , the market is not very good at valuing stocks it seems , I don’t have access but the RSI of this must be single digits!
That’s better tbh was expecting this rise much earlier today but glad finally arrived, plenty more to go yet but it’s a start, as mentioned yesterday this must be on someone’s radar like Halliburton and if not then it should be apart from the battered price the $ certainly advantageous to a US predator...
Yep can’t see anything negative in there as you say very positive update the price will rally well today from this totally unjustified sell off
Good increase from a very low base mind, recession or not it's at a ridiculous level and the danger is that capitulate to a cheeky bid, worth waiting until the mkts are more sensible tbh as there is lots of value here
There has to be a shareholder vote on the asset sale ...just a formality though
yes that's why i said it's done as it's as good as
I suspect the update on the Poland huge project losses and a not so great H1 Update overall with come, although there shouldn't be many surprises ....it is more the guidance and view on H2 that will be needed to boost sentiment.....
WG historically are more 2nd half weighted so again expecting no bad news
if i was on the board i would announce a share buy back-they will be flushed with cash and would put a line under all this nonsense
no it's done
Aucuba,
i know what you mean re the big boys but id be v shocked if some bad news in there so soon after which in my view was a very positive RNS re the sale priced etc.
im an x trader in the city and i know how the order book can get manipulated if there is not much depth to it, i can only assume that the book has been thin on the bid side so any aggressive sellers can easily keep hitting the book and if done quickly the buyers are reluctant to reload for obvious reasons-i would guess this could be the issue but to get hit some 120p is staggering as i said after good news! again i would be amazed if any bad news to come.....
Anyone think this could be ripe for takeover at this level?
Absolutely i do Halliburton must be all over this, the sell off is ridiculous and i agree its a worry behaving like this in front of the update but to be off £1.20 odd since the sale RNS is imo a nonsense . I have decent position and will be buying more today as this is the most oversold stock i've seen for a long time..
Ridiculous reaction to a broker note which isn’t worth the paper it’s written on , these analysts are clueless and accountable to no one
crazy price be 2 quid in no time and that's still a £1 the wrong price....