Member Info for Hosai

"No, they will not buy as they cannot use them to vote YES."

It'd still be worth them buying them if its under 30p.

#market isn't going to give

"Hoping to get my order away first thing , with a 10K cash pile hoping to get in around 20p"

20p? That would be a fairly certain 50% gain to 30p (from 20p) for a in 6-7 month wait. Market is going to give that kind of deal to people I don't think below 27p.

Initially I guessed this will be around 27-28p due to the 6-7 month wait for 30p and not 100% certainty of deal but thinking about it Sidara will likely be buying up anything under 30p so could be closer to 29p? Obv any expectations of another bidder or going it alone could push it higher than 30p if this becomes widely seen as possible.

Article from March 2017 when wood bought Amec - "The deal is, as the Wood Group chairman says, "transformational". It puts Wood Group in the position of being a very big player indeed - worth around £5 billion, with more than 60,000 employees."

https://www.bbc.co.uk/news/uk-scotland-scotland-business-39253783

£5 billion since then is worth about £6.7 billion with inflation today.

"Have you guys not digested the half year 2025 results showing more than a 20% drop in profits? If the shares had not been suspended, a proportionate fall in SP might have been expected."

Not when the sp has fallen from £1.74 to now 0.18p on fear of those results and the review. At a certain point negative news is (more than) priced in.

"Absent any evidence of a counterbid - the shares are likely to open lower than 25p even if the shorters decide to close. The discoun to the offer price is likely to reflect two things - residual uncertainty that the deal will go through and the time value of money given the long run in to completion. Of course any sniff of a bid and we are off to the races"

From 25p to 30p is a fairly certain 20% gain for a 6 month odd wait. There is some uncertainty yes but not enough for that level of discount. There is also a small amount of upside uncertainty in the case of another late bidder coming in.

"Amazed Sid don't pull the bid and cherry pick out of administration. Sh*tshow"

Coz clearly no guarantee administration would happen and even if did they would have no priority in getting the assets they wanted vs other companies who would also want them.

"I guess this means the suspension will be lifted and the shares will be tradeable as early as Monday!"

If accounts come pre-market Thurs then then sp can likely trade that same day. So it could be trading tomo or Fri depending on when accounts come.

"Sidera will in probability agree to a further extension Friday"

Why "In probability"? It's more likely accounts are released this week, tomo or Thurs.

"If the accounts land this week. We could be trading by Monday"

Trading could start pretty much as soon as accounts posted so if tomorrow then trading could be tomorrow.

"According to Companies House the accounts have not yet been files so an RNS in the morning is unlikely."

That isn't an indicator, according to chat GPT:

"The legal/market disclosure sequence for a Main Market premium-listed UK plc like Wood goes like this:

Step 1 — RNS release:

The company must first RNS the audited results (“FY24 Results” or “Publication of Annual Report and Accounts”).

Step 2 — Upload to the FCA’s National Storage Mechanism (NSM):

The full PDF/iXBRL version is simultaneously uploaded to the NSM.

Step 3 — File to Companies House:

Usually a few hours to several days later, the same signed accounts (in the statutory format) are submitted electronically to Companies House.

👉 Therefore, Companies House always lags the RNS.

If the accounts haven’t been RNS’d yet, it’s normal that Companies House shows nothing. You wouldn’t expect to see them there before an RNS — that would actually be a compliance breach."

I don't see how they would be "heavily doctored", auditors have to agree with them. The blurb giving a summary of the accounts could give a negative spin though.

"Hosaie if it trades, folks will hyper sell to get out

Once it relists"

Others will be buying. No-one is going to be "hyper-selling" if share goes below 27p when 30p is 6-7 months away. I mean sure some impatient retail will but there will be too many buyers willing to buy in that price point for a fairly certain 11.1% gain in 6-7 months.

"I will buy if anything under 25p present the chance, I think retail will just sell up, not me I wait for 30p,maybe some entity may throw there hat in ring, it's peanuts, but give 2 to 3 years we right folks on board wwg as we no it will be in good shape. Ahwell not long he says."

I can't see how it could ever go that low. Can't see it being below 27p. From 27p to 30p is an 11.1% gain for prob a 7 month odd wait to get paid the 30p. There is some uncertainty yes but also uncertainty to upside if another bidder came in. Even from 28p is a fairly certain 7.1% gain in just over half a year of waiting.

Actually just re-read the rns, sounds like deal would go through by early Dec. Prob accounts likely mid to late Oct so only a 6 week wait for the deal to complete at that point and shareholders to get their money. 29p would def be the floor (unless offer goes raised upwards obv to get enough support).

"What would opening salvo be, defo not 30p, I guess many will want out ASAP, but 30p on cards, if it drops below 25p 20p range I'm going in, shorts will panic buy."

Assuming accounts in Oct and the sp resumes then I can't see it below 28p. From 28p to 30p which would presumably come in Jan is a 7.1% gain for 3 months of waiting.

Maybe 29p would actually be the floor, that would be a 3.5% gain to 30p in 3 months. There would be some uncertainty but not that much imo.

"If I were asked to guess, post suspension I think we'd be looking at a wide spread and something like 23-25p, initially."

Can't see it as low as 25p as 25p would mean a very likely 20% gain up to 30p which too many investors would want to take up. Maybe 27 - 27.5p (11-9% potential gain). Yes there would be some downside uncertainty and a 6 month wait or so but also uncertainty to the upside on the chance of another bidder.

"err... just finish the documentation that isnt quite ready ??"

How do you know it's due to "documentation not quite ready"?

"Still no leak to the media being reported like before. Early worrying signs imho"

You think negative things don't get leaked to the media?