Member Info for JamesOxford

@IceCool I was right with my prediction of 40p as the magic number for such a long period i.e. since Sidarra's 'expression of interest' was first made up until Friday 14 March.

With the RNS 'due' this week i.e. from Monday 17 March onwards, the new share price range is 43p-46p. A sudden surge outside of this range means good news (sale) or bad news (no sale).

Just saying. Believe me or not, it matter not to me.

I am seldom wrong in my predictions in share price movements. When you understand how money works, the flows, who controls the flows, under what circumstances, then it is not rocket science. Then all you need to do is connect the dots, carry out the correct research and follow the money flows.

I still laugh when I predicted Prudential Plc's low was reached at £6.00 recently, and certain trolls (SavageGarden and AimMaster) mocked me for it. Sure enough, it was the low, and Prudential has enjoyed a steady rise. Some investors look at sound reasons, others mock (usually those who do not have a clue). Funny thing is when I am right, the mockers always go silent. Lol

Discussions continue - still a hurdle to overcome. Therefore, it will go to the wire (i.e. deadline) after all, like many negotiations do.

Sidara wanted Wood quickly. However, Wood wants more cash on the table. Will Sidara put up or shut up? That is the question.

No RNS today. Therefore, will an RNS be made on Friday or Monday? We will know soon enough.

Meanwhile the Wood share price - in anticipation of a deal vs no deal - will continue to hover between 43p - 46p as games are played i.e. until the RNS is released.

Of course, if there is a sudden surge well over 46p, then word is out with an RNS to follow the next day. Ditto if the share price suddenly crashes to below 43p.

To be (invested) or not to be (invested) that is the question.

All IMO of course.

GLA

A very solid set of numbers from Prudential's results.

Excellent strategy in place by good leadership team combined with massive market potential in the China-Asia region means Prudential remains a keeper in my stock portfolio.

The share price should increase today and continue it's steady climb upwards from it's low of £6.00 in mid January 2025.

GLA

Papaduke mentioned recently: 'Going right back to the begining , CH & the BOD, Major investors AIM was to produce NON Ops cashflow to firm up and prove up the PD basin and beyond via Horizontal drilling. Once proved up ( nearly there), the intention was always to sell to the highest bidder, CH and the BOD are by and large investors not O& G men . Hence they never took this project on to sit and run it until retirement as an O& G play. ZPHR will be sold this year IMO, or worst case a Major will come in on a farmin for the next 200 wells!'

With regards to the Zephyr test results - was due mid-late March, now due mid-late April...

This is pure speculation...

Maybe the results of these tests are delayed in order for those in the know - especially the USD7.5 million investor (and/or other investment companies in O&G) - can learn the results first and perhaps if the results are positive, makes an offer to buyout Zephyr in whole (i.e. entire company) or part while the share price remains at these current very, very low levels. It would mean a very cheap buy at these levels with a multiple of X. That way, the investor owns the goose that can lay several golden eggs for a multiple of what is currently a bargain share price i.e. before the share price shoots up based on positive test results or positive oil production.

If I were the investor, I would definately consider such a strategy, especially in the knowledge that CH has already expressed he is open to a takeover/buyout.

I have not researched who the major shareholders of Zephyr are as yet, but perhaps they too would be open to such a takeover/buyout.

Food for thought.

@johnnychainlocker Ok all in fun - that's fine.

The playmakers have taken their positions - only usual changes here and there. Hence the refusal to rise above 40p previously as positions were taken. The earlier post I mentioned referred to 40p as the 'magic number always has been', but added on 'Roll on next week'. In other words the shackles on the share price will be broken somewhat, which is why I expect this week for 43-46p to be the new normal (a more volatile range) until news drops. I did not mention this new normal here earlier, as there are too many on here with opnions about price, so why bother.

Anyway, needless to say, for those invested in Wood any price upwards is a positive. Enjoy the ride. More to come.

@johnychainlocker Not sure what point you are trying to make. You have used my quote out of context. I predicted correctly that the share price would rise to 40p but no more. I made that clear early on and was proven right, it went to 40p on a few occasions but was beaten back down to 37-39p. Obviously with news about to land later this week or next week, then the share price was bound to rise, and I said as much in my previous post. The positions have now been taken - rightly or wrongly. Now let the cards fall where they may. Lol

@johnnychainlocker Don't let BearedDragon bother you. His posts are almost always criticism in one form or another...no ideas or insight. I always skip past his doom and gloom posts - life is too short.

ElllteInv I did mention in my last post that there is likely to be an RMS this week. Naturally expectation of such should push the price up slightly. I hold a considerable amount of Wood shares so any increase in share price between now and the RNS is great for me and no doubt you too.!

@Wiggly Agreed.

I would also add that Wood employees will be aggrieved (to say the least!) that their bonuses have been cancelled, their Wood share price is down, and there is a risk of job cuts under Wood’s cost savings plan. Ifthe Sidara deal is not done, it is likely that a number of talented employees will look for work elsewhere with better job security, bonuses and prospects.

Should have typed: I am confident there will be a deal announced next week.

I too do not have confidence in the CEO or BOD.

That said, I do have confidence in the interim CFO, who now serves on the BOD.

I am sure Sidara have offered a commercially acceptable price. They do want the business, and it will take Sidara to the next level.

I am confident there will be a deal announced this week.

Roll on next week!

@NorthernMagic I do think in CH's last public statement that he is open to almost all offers. Includes a partnerships or a sale. It would not surprise me if after the drill tests are positive and oil starts to flow, that an offer is made to buy Zephyr. It does not matter to me if it does or not as I plan to hold for quite a while. However, I think it's great that CH is open to offers - flexibility is important trait. IMO

Should have read as: Ideally Sidara and Wood would both like an early resolution, but the price has to be right. Wood's institutional investors have a clear appetite to sell - they do not want to wait another couple of years for the Wood share price to reach decent levels.

Sidara and Wood would be like an early resolution, but the price has to be right. Wood's institutional investors have a clear appetite to sell - they do not want to wait another couple of years for the Wood share price to reach decent levels.

I do think an RNS ought to be released next week...it should be on news (deal or no deal) or at the minimum an update.

If the deal with Sidara is agreed: Good for Wood, stakeholders, partners, clients, shareholders. I think Sidara's buy price will be well over £1. It has to be...otherwise Wood's BOD will be unlikley to agree to sell, and quite rightly so.

If the deal with Sidara is not done: It depends on the content within the RNS as to whether the Wood share price drops dramatically...or not. For example, if the RNS says Sidara and Wood could not reach agreement, but another buyer has expressed interest, then it is likley the Wood share price will remain stable, or possibly increase.

If the RNS says agreement with Sidara could not be reached and Sidara has walked away, and the Wood share price slumps to circa 20p-24p: then I expect another bidder to emerge and step forward and try to buy Wood.

@Tbhatt 'Your prediction of ending around 40 seems to be coming true sir … no doubt some will chase out near the end for their weekend beer money lol 😂'

Yes indeed - ever since Sidara's 'expression of interest' was announced by Wood, 40p is (and always has been) the magic number. Roll on next week!

@Isle I am not sure about you Isle but it takes seconds for me to read posts here...and unlike you, I am not a one-fingered typist. If that is a proposal, sorry but I am indeed married with two now young adult kids.

As mentioned, I do not get wound up here, but it seems you do (which incidently is contrary to your earlier post)...

Isle you need to...always look on the bright side of life...

Oops, Isle has left the room, and slammed the door on his way out...

@Isle. Not wound up at all.

I only do this as a distraction from my work when/if time allows...sick though that sounds! Lol

I have nothing against anyone. I am surprised so much hatred is directed at me by a few (the same few) posters...I can only think they are disgruntled as they are deep (in some cases very, very deep) under-water with their Wood share holdings. But hey-ho such is life. If imud is thrown at me, I will throw it right back.

In the meantime Isle, and to all other JO haters out there: As Eric Idle from Monty Python would say..."Always look on the bright side of life...come on, altogether now...always look on the bright side of life..." Lol

@coaster Believe me or do not believe me. It matters not to me. After all do I care if with names like Crowman, Isle, SG2025…and er what was it.. coasters think? Er, no.

As for my comment about Isle and the barmaid… you obviously do not understand my sense of humour…

Besides I thought Isle’s comments when he quoted Ken via his sauce, er I mean source was far funnier!

I must say I hope Wood issue an RNS soon as certain posters can move on to more constructive and interesting thoughts than whether or not my joke about Isle’s local barmaid was funny or not. Lol

SG2025 Do you really think I post every time I buy stock? Are you mad or just seriously deranged?!

As you can see, it’s very easy to throw barbs. Very easy indeed. Hardly a conversation though, is it?

Was I full of it when I predicted wood would receive an approach before the Deloitte review? Was I full of it when I said the share price would not breach 40p? I don’t recall any of you making the same predictions. So who is full of it? Lol

@Crowman Given I have not declared how many Wood shares I own I cannot see how you can claim I own half as many as I own. Lol

@Isle you are a disgruntled LTH of Wood stock…and no doubt deep underwater. Enough said.