Member Info for Isle

@Raghusn

While I agree with your thought process, buying a business in debt is always a risk.

Look at the rates being offered... Servicing this debt over the next 5-10-15 years is more expensive than any time in the last 20 years.

James Oxford

You are only fooling yourself.

All credibility lost.

No one gets it right all the time, accept that you were completely wrong and are now just lying.

i'd take 25p to be out of this heap of ****

If you blame a post on a public BB for your gambling habit you'll be a looser forever.

I didn't cost you anything, you made the decision, grow up and take some responsibility.

It will go to a vote you fool

Not wasting my time on you again. Move on you troll

Just been informed of the same.

RNS tonight will say formal offer of 30p received and extension applied to allow proceedings to progress.

Poker / ice

Give it a rest you pair of bell ends

No matter what happens in terms of take over/price/no deal - im done with Wood, the BOD true colours have been shown and they are a complete failure. They should all hang their heads in shame. Its ashame that so many incompetent individuals receive such high salaries they seem to have lost all accountability and sense of reality. A Board Room full of clowns this morning slapping each other's back thinking they are gurus with no one around to tell them the reality. People like that always blame someone or something else.

Absolutely no trust or accountability, this is not how a business prospers, completely shortsighted.

Agree Poker.

Would you want a rival business getting such a bargain that could put parts of your business in to jeopardy

Given past experience, I wouldn't be surprised the senior management are all on an extended holiday with no RNS released.

They have no respect for shareholders.

@Stew

I understand where you are coming from but it doesn't work like that, its not allowed to work like that. This is a publicly listed company owned by its shareholders, not the BOD or CEO. Remember that and you'll understand what limitations those in so called power have and don't have. And selling the company without shareholders approval is not going to happen. Selling the company without the refreshed accounts is not going to happen. Selling the company for 35p or even less might happen but we are still miles away from that actually happening if that's the route the BOD wish to take (yes i know they have reccomended that if an offer of 35p was made they would.be minded to recommend this offer however the BOD recommendation was a condition of the offer)

Then they can do it without SH approval. What SH in the right mind is going to sell for 35p without full transparency?

Stew -

You seriously expect the accounts to be made available, a offer to arrive, a vote to happen and the results of the vote to be released before this share trades again? Come on Stew, God gave you a brain, engage it!

Carrot,

You are just as bad as those posting unrealistically overly bullish nonsense. Just subtract bullish for bearish and that sums you up. I won't be replying to you directly again, this message has already wasted more time on you than I wish.

the closer this gets to what feels like a very meaningful deadline (albeit the can may be kicked about till after christmas) more and more ****roaches are appearing with stupid comments like

a rights issue would.be better

this company doesn't deserve to survive

i'd rather be wiped out

the longer it goes on the less chance it has

who are you fools saying this stuff? anyone with half an ounce of common sense or investing knowledge knows the truth.

@stew200

Have a word with yourself.

How can anyone know what price this will trade again until the accounts are published?

Bad news and Sidara walking away I'm prepared for single digits.

Good news and a firm offer (or 2) could see 60p+.

But ultimately, know one knows until the accounts are published. In my opinion its not going to be good news but is it as bad is as what's been priced in going into suspension? That's the real question here, you'll see stocks fall on good news and rise on bad news all the time, its all about trading sentiment.

Be careful, thats must be some strong £#!+ your smoking.

@pokerchips

Investors do this every single day. And its calculated as future PE ratio. Come on pal, that's basic 101 investing. No offence intended but are you a teenager?

I have a friend who works for Wood. Its business as usual, a number of his team were worried about the collapse in SP while it was listed but now that it's suspended there has been very little chat about a take over (on the shop floor). He says there has been lots of restructuring, some senior managers let go and some departments combined. Personally I've never been a fan of Ken but perhaps Im being too harsh and the faults were before his time, either way, things are changing. He says there is definitely a focus on core business and they are streamlining projects better than before so perhaps Sidara will pick up a newly well oiled machine, who knows but they are certainly keen having stuck along thus far.

Lots of changes regarding who they can hire out and at what premium. He mentioned that 2 years ago he was hiring out developers for £2k a day. Now he can't give them away for £400 a day because so much more can be done in-house. This is a growing concern for some parts of the business he said.

Ice -

Just answer this question clearly and straight forward-

How can a "deal be done in the dark"? (Implying a deal can be done without a shareholder vote.

Ice - as much as I like your positive slant.

Sidara are not only hear for a quick sale and to take advantage of the situation. To date Sidara have not made a formal offer. If they were looking for a quick sale I think an offer would fire be required. Come on pal, we have enough false information being posted on this board already.

No offer has been made and no one really knows what the company is actually worth until the audited accounts are released. They can win as many contracts as they want and sell parts of the company for as much as they want but we don't know how big the hole that needs pugging is, until we know that everything else is just noise.