Member Info for Coldspy

Nobody is disputing that WG needs a cash injection.

However, 2 things.

1st, they've already acknowledged that and told us they'll make some non-core disposals to cover the shortfall.

I posted the other day a list of potential assets that could be sold off if needed. An estimate by AI put the figure at between 1 and 2 billion pounds possibly raised from selling only non core assets. Huge amount.

2nd, it is not an emergency or a crisis like you try to make out. They've got both cash in hand and accessible headroom to drawdown funds

He's not a Sidara agent. I've had the displeasure of coming across him before

He is connected to some brokerage or shorts though and probably has some inside info too.

However obviously tells lots of porkies so can't really trust anything he says

Like a broken record on repeat most days.

All these accounts popping up to warn us, worried about our future, and our children's inheritance.

Warms my heart it really does.

So many genuinely good people around. There is hope for humanity yet.

They don't even hold shares. They're donating time from their busy day to come and tell us all how Wood Group is doomed.

Added some. First time in a while but won't get opportunities like this often imo.

DYOR

ye actually holding up pretty well compared to the total **** show out there

Https://www.benzinga.com/news/25/04/44651650/deal-dispatch-us-ma-is-quiet-but-abroad-volume-is-spiking

The Middle East and Africa combined are seeing 123% growth in M&A.

Japan: 105%

Asia: 103%

Deal volume is also up in Canada, Europe and Australia. Only in Latin America is it in the red, with barely a peep coming from the U.S.

Thank you Quickwin 🙏

All of you talking about Sidara gonna walk away give your heads a wobble

They spent between them 10m dollars DD last time just 8 months ago

They came back 5 months after review had begun and company had stated bulk of review complete (ie they know what's been found and what needs fixing)

They extend offer period but for 3 weeks not the more common 4

They've spent another 10m in DD probably, total £20m now

They made a conditional offer and were granted access already before the draft release

Review draft released to market few days after Wood and Sidara have sight of it at least

Draft confirms exactly what Wood told us would be needed and what isn't impacted. No change except spooky language and 'technical suspension'

Following this Sidara remain at the table

Sidara walking away causes Wood SP to most likely fall once again. That would be a second time.

Do you think multi billiona Sidara want a reputation for making approaches, wasting time and huge money, to then walk away causing share price collapse. Who will entertain talks with them in future when they want to expand and acquire.

Offer is coming. You've been trained to accept a lower than expected price and be glad.

The many accounts who spend day and night here with apparently no interest are paid to be here and profit from their employer short positions. Generally they are nasty coke addled City types who care not for the misery they cause. They would just as gladly collapse a cancer research company for their own gain as anything else.

No morals no religion no nothing. Only money.

Hold on and don't get shaken. Last week was bad if you've held through that I'd like to think the worst is behind us.

Holding out for 75-80p offer and anything else is a huge bonus. Sidara for their part picking up a World class top 10 engineering firm for a huge discount based on limited impact poor accounting and temporary market sentiment.

GLA and God Bless you

Yes, it's possible to have a high EBITDA (450 million) alongside a significant negative cash flow (-200 million) because EBITDA doesn't account for all cash-related activities like capital expenditures, changes in working capital, and interest/tax payments.

Here's a more detailed explanation:

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization):

EBITDA focuses on a company's operational profitability by excluding non-cash expenses like depreciation and amortization, as well as interest and taxes. It's a useful metric for comparing the operational performance of different companies, but it doesn't provide a complete picture of a company's financial health.

Cash Flow:

Cash flow, on the other hand, measures the actual movement of money in and out of a business. It considers all cash inflows and outflows, including those related to operations, investments, and financing.

Why the Discrepancy?

Capital Expenditures: A company might have high EBITDA due to strong operational performance, but if it's investing heavily in capital assets (like equipment or property), it will see a significant cash outflow, even with strong earnings.

Changes in Working Capital: Changes in accounts receivable (money owed to the company) and accounts payable (money owed by the company) can also impact cash flow. For example, if a company experiences a large increase in accounts receivable (customers haven't paid yet), it will have less cash on hand, even if its earnings are high.

Interest and Taxes: While EBITDA excludes interest and taxes, these are real cash outflows that can significantly impact a company's overall cash flow.

Debt: A company with a high EBITDA might also have a high debt load, leading to substantial interest payments and potentially negative cash flow.

Example:

Imagine a company that has strong sales and high profits, resulting in a high EBITDA. However, it also invests heavily in new equipment and has a large amount of debt with high interest payments. These cash outflows could lead to a negative cash flow, even with strong earnings.

Bedtime reading for the clown

Partly tactical in my opinion.

When the offer and vwap numbers are released it is best that the price has been held low for a longer period

That way the offer reads better.

Considering this was a lot higher not too long ago it's difficult to make the offer look acceptable without first holding it low as possible for long as possible. Anyone unsure what this means read any recent offer (KMR for example)

RE the shorts. Yes some of them are very good at what they do but mostly working for the same 1 or 2 outlets. MW likely got people on pay.

TW team definitely have

Saying that, miss shaml now. Will he back with a new name soon

Watch out.

Ice good response to lightbutnotheat. He is a dangerous one. Subtle doubt spreader on the short side. Read his posts. Quite clever really.

Newer accounts will easily be swayed by the like.

Anyway, all these accounts give me confidence of a good result here.

When you're about to get smashed they'll spread good news and glad tidings. SP will be rising and all will be good in the world. Until you wake up and find you've been brutally hammered.

When it's good news coming all the vermin are out spreading fear misinformation and hate.

Price action looking a disaster. Sentiment in the pits. Etc.

That's when you should be positioning and be patient. They all crawl back under their rocks until the next time. Accounts go dormant again.

Praying for a good result here for all long and strong 🙏

Ps. Spin bike, Ice, you're wasting your breath. 'that one' needs help.

Firms operating in the UK’s industrial heartlands, like Aberdeen-headquartered Wood, will be backed by Government to drive forward this transition, whilst supporting thousands of green jobs.

This £430 million commercial loan will be supported by an 80% UKEF Transition Export Development Guarantee (Transition EDG) and will give Wood the financial resources to enhance its clean growth plans by:

accelerating the speed at which Wood can organically grow its business by investing in future low carbon growth areas linked to the energy transition in the UK and abroad

providing critical working capital for deployment in clean growth projects around the world

providing additional funds for Wood’s research and development in clean growth sectors

Under the agreement, Wood will commit to increasing its clean growth portfolio and significantly reducing its greenhouse gas emissions over the five-year tenure of the facility.

Wood employs nearly 7,000 people across the UK and generates nearly £400 million annually from its exports. The company expects its export revenue, related to low-carbon projects, to significantly increase as the energy transition gathers pace and the loan will help them capitalise on these opportunities, supporting green jobs at the firm.

Https://www.gov.uk/government/news/ukef-backs-landmark-430-million-green-transition-loan-for-wood-plc

My Last Chance good post

Although concerned with the breaches pleased to see an immediate agreement was made to provide cover with lenders.

Secondly, the majority of the loans are government backed so lenders are likely to be far more flexible with them. Lenders are not really on the hook for it, they'll get their money back anyway. I think Denziil posted info about it here

The last thing this gov needs is headlines around how they collapsed a British firm and Scotlands largest employer into administration

Plenty stock shaken loose today.

Could see a big UT or After hours prints

Hopefully shorts closing out

Monday RNS likely 7am. Any other day probably intra day

PJ give it a rest the whole markets in turmoil. This won't end at 27 today. never mind 32 your numpty. If it ends at 27 ill stop posting for ever if it ends lower than 27 you'll do the same??

Well this could be interesting @acottyyyyy

When she moves up it'll be swift.

Keep scaling in anything at these levels is cheap

Stupmy you total inbred freak. I told you not to speak to me a long time ago.feck off you psychopath. See a doctor

Time to buy or add here. Bargain basement deal or no deal

Increased from 4.51% to 5.01% off of a 0.01% increase in Cubist positions.

Therefore telling us that Cubist were just below reporting at 0.49% and increased by a small fraction putting them back into reporting territory

Actual short increase of 0.01% but also means it was in reality high than visible to us but just below reporting.

Hope that's clearer than mud

Apparently the dire markets have nothing to do with trumps tariffs according to broomtree and hotpot (plate?)

My investment decisions caused every indice to turn red