Member Info for Gsei

Reading this...

https://www.heraldscotland.com/news/25459453.wood-chief-addresses-future-aberdeen-headquarters/

Froggles

Agree.. The Times tends to be a credible source.

Proof that the deal is done and it will mature when the earning will be released:

https://www.thetimes.com/business-money/energy/article/john-wood-group-takeover-deal-costs-parties-over-100m-in-advice-5hbkmz0vn

I mean, surely nobody will change their mind after they paid that..

Https://www.woodplc.com/investors/pages/sidara-proposal-2025/microsite#documents

Has anyone read these news? If not or is too complicated to understand, download every file than upload into and ask Chatgpt to read it for you and make a summary for it.

Works pretty well - what I have read so far is all these sums of money (i.e. 250mil and 200mil) sounds like Wood are borrowing from Sidara.

Still digging, but have a go al share your thoughts.

Can anyone outlines without any rudeness, what are the risks for a private investors that holds share into Wood? Based on the recent RNS of course.

Would I be able to continue trading after the accounts are published and the trading halt lifted?

Big chances that if Sidara will proceed with an offer, Wood will reject it. Accounts released end of Sept and soon after the trading halt will be lifted.

Next:

1. Cash injection will come from external sources (i.e. invetments in wood to drive down debt)

2. Another entity will step in with an offer around 45p or more.

And the rest is history.. of course, this is just an hypothetical scenario. But nothing else could surprise me 🤷‍♂️🤦‍♂️

😅😅 love it!

Plan B - safer option

30p? Maybe, but i'll go with 100% extension for sure.

We'll talk again on the 29th Sept.

Hi fellas!

What are your thoughts about another delay? Could they delay again?

I had the same theory! Volex is backed by the Rothschilds.

Rothschild Bank (some relative to Nat) has the majority of shares ownership and voting rights into Douglas Bay holdings, which they further on has the majority of voting rights into DBAY Advisors, which they have further on the biggest voting rights into TTG (these people can manipulate board decisions - Sell/Buy). Over 14% shares ownership a few months back. Now definitely got around 15% or more.

So yes, after the 1st Half published by TTG in September, Volex will bid again to takeover TTG around October, and DBAY Advisors will vote Yes.

Mark my words.

Apparently Halliburton from US wins UK contracts... Wood could easily do the job and help retain the money staying in the UK not going overseas.

https://www.upstreamonline.com/carbon-capture/halliburton-wins-contract-for-uk-carbon-capture-project/2-1-1853955

Https://www.google.com/amp/s/www.thisismoney.co.uk/money/markets/article-14946939/amp/Wood-Group-moves-closer-Sidara-takeover-delist-London.html

Some news are reporting that if the deal goes through, Sidara will proceed with the delisting of Wood - therefore the trading would never open again. Based on that, I'm not sure if I want to jump around and celebrate the 35, 45, 50, 60p or whatever p deal you want.

So, after the recent news and Sidara's view about the FCA ongoing investigation, I believe that we'll see either another extension on Monday or Sidara walking away from the table, turning down the initial offer. The only reason for that is:

An FCA investigation can take a significant amount of time, potentially months or even years, depending on the complexity of the case. A typical investigation can take around 40 months to complete, according to Gateley. If the matter progresses to the Regulatory Decisions Committee (RDC) or the Upper Tribunal, the timeline can extend to an average of 64 months.

Initial Review and Investigation:

The FCA will review information and evidence, and decide whether to investigate.

Investigation Phase:

This phase can vary significantly in duration. Gateley says that the average is 40 months.

Potential for Longer Timelines:

If the matter goes to the RDC or Upper Tribunal, the timeframe can increase to an average of 64 months.

Factors Influencing Duration:

The complexity of the case, the scope of the investigation, and the need for further investigation all impact the length of the process.

Looking at the historical data, FCA will rummage around Wood for at least 3 months.

This seem to become more and more lotery - so,🤞

Yes. Between 20-25p.

"Asset sold so does that make Sidara's interest less?"

Not if they use the monoey to pay down debt as mentioned in the article. Less capital value, but less debt in the same time. Less debt makes the company to look more attractive even tho the capital isn't.

This RNS was totally unexpected and really pleasently surprised me. I was hoping to read something about the accounts publication and audit verdict.. some sort of deadline, etc. Also would have been nice to understand why are these publications takes so long.

But surely more RNSs will go out next week.

So far, positive news - Wood are actually doing something to turn around the company and make it more lean - from all aspects.

No news means bad news? The unknown and the vizibility ahead become blurer with everyday without announcement of.. anything.

Do you think we will hear something tomorrow/Friday?

8.3 Form - on the 14th July, Barclays Sold 42,000 shares at £1.16. Can't get my head around it.. can someone explain?

Thanks in advance.

Robert 🤦‍♂️

We are going to the moon, is a rocket 🚀