Member Info for JamesOxford

@ChartArex Sidara Will never go hostile, it’s not their style. Sidara will offer a fair commercial price and in the end a price will be agreed between the two parties and recommended by the Wood BOD to Wood shareholders.

@Coldspy if we’re Sidara was satisfactory in other words no adverse material affect I would definitely make the offer prior to release of such a report.

However, if the review was unsatisfactory or included unexpected write downs, then if I was Sahara I would not make any such offer and allow the review to be published as that would drive the share price further down and further erode trust between Wood and the institutional investors. All of this would allow Sidara to have the upper hands in subsequent negotiations on price.

Just my thoughts - currently on a 4 hour train trip for from Naples to Bologna with time to kill.

We will have to wait and see which RNS is presented first i.e. the horse then the cart, or the cart then the horse!

@FoolsHope agreed. The Wood CEO and BOD have run out of road and eroded trust between them and the major institutional investors who now want Wood sold but clearly not at any price.

@Sm66 You write edits it is very tempting for any normal private investor to buy or sell at the current Wood price range. The main emphasis - which has worked so far by the way - is to entice private investors to sell. I did make a post or two on the psychology of this a short while back may be a week back so no need to revisit it. If you’re interested, have a look at one of my posts on Wood made earlier. In certain circles we call this the mouse trap effect (i.e. cheese and mouse trap) - the cheese looks and smalls fab….so you sell then snap, you are out….then have to time your buy entry…if you’re lucky you will be ok, if not the big prize is lost. You are right not to be tempted to sell (as many have already fallen for this) by the way.

@Bigw77 To answer your first question: It is in Sidara’s interest that the Wood share price remains as low as possible for as long as possible. It provides them with the upper hand with regards to negotiations on price per share. The reality is the current Wood share price is quite irrelevant as it is not a true reflection of Wood’s intrinsic value…far from it. I cannot help with your second question as I am not across Wood pension schemes.

@Bigw77. Agreed. However, my point is that we may well see an RNS before those events. In other words firstly an RNS with the Sidara cash offer of £X recommended by Wood BOD to shareholders. Anyway we will have to wait and see.

@Papaduke. You’re right in that fibre optic cables have nothing to do with explosives. I’m not sure that Butch Cassidy and the Sundance kid ever used explosives to lay fibre optic cables either!

With a name like Papaduke - I bet you have watched more John Wayne (aka The Duke!) movies than I’ve had hot dinners!

SAvy investors have started to buy in to Zephyr over the last week or two in anticipation of positive test results and the clear potential ahead. Smart move.

As I have said since Wood was first approached by Sidara with its expression of interest, the Wood share price will sit circa just under 40p.

Any Wood share price movement above or below the magic 40p is irrelevant. An increase or decrease of 5p here or there should make no material difference for the who want the big prize. Such movements need only concern for day traders.

The big prize awaits those who are patiently waiting for the Sidara cash offer to buy all of Wood, which is inevitable.

In the meantime any Wood share price movement is a storm in a tea cup.

We do not know which RNS comes first: Audited financials, Deloitte review, or Sidara offer recommended to shareholders.

Obviously Wood will make available the Deloitte review to Sidara under their due diligence process - possibly a draft copy, or largely (but not complete) copy, or findings to date or similar.

Therefore, Sidara could make (or confirm their offer which was subject to a satisfactory Deloitte review) and this offer is announced and recommended to shareholders via the RNS first.

This would make sense as Sidara would not want a satisfactory Deloitte review published before they make/confirm their offer - otherwise, a satisfactory review published could in fact entice another bidder into the frame.

IMO

@Garrone It wasn’t that long ago you weren’t sure whether or not Prudential plc was right for you. I advised you to hold and well done you did follow JO‘s advice. I know I’ve bought in at £6 and have enjoyed the slow and steady rice since then but then £6 was always ridiculously cheap. Anyway, Prudential plc has far more rope left to run yet. It is for that reason it is tucked away in my bottom drawer. One of the few stocks you can buy and forget. Lol

Zephyr share price should continue its slow and steady rise to 4.9p as news bubbles and flows.

Not long to wait for results now. When this happens expect the share price to breakout and rocket!

In the meantime holdor buy. Do not sell.

IMO

@Talies Your posts were in clear breach of LSE chat room terms and conditions. Your posts were removed for the protection of gullible posters and readers of the Wood chat room.

My advice is you apologise and move on to another subject.

In the meantime I suggest you read the LSE terms and conditions and follow them in future.

@Talies I do not know of any bonafide high level investor who would provide ‘top level investment advice’ (your words not mine) for free to random posters on the Wood discussion board via their own personal phone and WhatsApp. The private investors I know prefer to stay just that…private.

I suggest as the high level investor you claim to be - that you familiarise yourself with the LSE chat room terms and conditions (pretty basic stuff!) and do not post your private contact details nor attempt to recruit posters for your ‘investment advice’ in future, especially given you are not a genuine (ie qualified and licensed) investment advisor.

As you say, let’s move on…unless you want to continue this ‘debate’ further. Be careful how you respond - I could carry on for weeks.

@Talies BTW My name is James and I live in Oxford. Pretty simple really.

Whereas you claim to live on an island somewhere and swim in the ocean all day while the rest of us work and you are so kind hearted that you provided your personal phone number without any solicitation whatsoever by anyoneand invited others here to join your WhatsApp group so you can provide them with “top level’ (your words not mine) investment advice.

The more outrageous the story…the bigger the lie.

Jog on Tell-lies.

The cool calm and collected Talies has just revealed his true colours! Talies aka Tell-lies is an con artist and busted fraudster.

@Talies You were trying to recruit others here to your investment (aka Ponzi) scheme with your personal phone number and invitation to join your WhatsApp group for’ top level investment’ advice. You added you would send photos of you on ‘your island’. I quickly reported both of your ridiculous posts on this matter, and both posts were swiftly removed. Now you try to play the ‘innocent victim’. You are a text book fraudster.

There is a reason that financial advisors must be licensed in order to provide financial advice to individuals.

Talies (aka Tell-lies) you are no financial advisor. Indeed, you are the complete opposite. Play your stupid game somewhere else. You fool only the foolish.

@jenashon. Did you read Talies posts at 4.45am and the post afterwards? I reported both and they were quickly removed. I suggest you be very cautious. I used to work closely with the Fraud department in a bank many years ago Talies posts were text book fraud. E.g. is invitation to follow him and look at photos on his exotic island and promises of high investment returns and rewards to the first five investors. Text book fraud.

@Talies You were actively trying to recruit posters from this Wood discussion board and provided them with your personal details in order to ‘access’ investment information and advice.

You are not to be trusted.

@Talies. It seems, like me, that the LSE monitor disagrees with your posts. Your posts have now been removed. Enough said.

@IceCool See Talies post 4.45am today and his post after that. Unfortunately, this type of predatory behaviour preys on the weakest and most desperate. Very dangerous. Hence reported.