Member Info for JamesOxford

Yes that’s it Coldspy well done. You make 007 look like John English! Lol

Just came through at 4:01 pm

£100,000. It will be of interest to see if it comes through as an individual O trade.

Just added 260705 Wood Group shares.

GLA

@Isle ‘When someone doesn't want to sell, what do you do? You make an irrefusable offer. That is the current situation.’

Given Sidara’s last price offered was £2.30 which was not acceptable to Wood Group last time (so Sidara walked)…are you saying that Sidara’s ‘irrefusable offer’ needs to be over £2.30 for Wood Group to accept this time?

@Coldspy Inside trading…me?! Lol. For the avoidance of doubt all my comments here and elsewhere on all stocks are always IMO. Period.

@SanjaiN Fear and greed are emotions. When emotions are involved, substance always takes a distant second place. There endith the lesson.

As I mentioned in my comment last night talks have moved from constructive phase to productive phase. Enough said.

IMO of course

Just to add - after Wood Group's demotion out of the FTSE250, any change to the Wood Group share price can be mitigated almost entirely due to the volatility of the share price and especially as events unfold. For example RNS' on: bid is successul (in which case nothing else matters), other 'interested parties' enter the ball park, review is completed without material impact, debt is refinanced, large contract wins etc.

If the bid is not successful for some reason, then any of the other above examples/events will act as the enabler to help push the Wood Group share price up - and Wood Group will move back into the FTSE250 soon enough.

@Isle. Good to see you are invested. I really don't know how to take you. With a pinch of salt probably. However, I will reserve my decision for now. Maybe have another chat with your source at executive management level at Wood Group and enlighten/entertain us further...

@Islandgirl "Aye, aye Captain!"

@SG2025 @Targa123 Apologies - I typed the word 'not' my mistake. Should have read as:

Tracker funds do invest in companies like Wood Group or any other company in the FTSE250. Tracker funds do just that i.e. TRACK the ups and downs of companies in the FTSE250.

My point was that tracker funds alone do not determine the price of a stock i.e. whether or not a stock rises or falls. The tracker funds, buy into the stocks and track - they do not actively buy and sell. To elaborate further, the tracker funds will slowly disperse their holdings, it will have no material impact on the share price of Wood Group. In other words, certainly, today's fall in Wood Group's share price was not as a mass exodus from tracker funds' investment in Wood Group.

I haven't had a chance to catch up on the Capita discussion board as yet.

Just wanted to add, if not said already...that AH has a green tick next to his name after his RNS today. Great report card after only 12 months at the helm. And a round of applause by shareholders old and new. Capita has clearly completed its turn-around phase, and the next steps are clearly evident. The Capita share price should slowly and steadily rise over time to circa 20p-22p and beyond as more RNS announcements are made.

Will look to add soon.

@Isle I do not believe you.

Phrases like "del boy" and "kick in the guts"... these are not 'jokes' as you call it.

If true, then Ken has completely lost the plot.

Isle are you invested in Wood Group right now?

@Islandgirl 'What a F-ing fantasist'

With a name like 'Islandgirl'...it is you who is the fantasist my dear...

Still waiting for Tarzan to swing from the vines and wrestle crocodiles..."Arrraaagggghh Arrraaaaaggghhhh". Lol

@Hosai If 'Isle' is to believed when he said that Ken joked about Sidara at a management meeting today and described Sidara as 'del boy'...then Wood Group and all its shareholders are in serious trouble...

Del boy definition: 'Del Boy is a compulsive liar, particularly to women, customers, policemen and even his family and doctors.'

If the above is true (which it almost certainly is not), then how do you think Ken describes other companies, stakeholders, employees and investors...?

The use of the term 'del boy' says more about 'Isle' - and how he talks with his mates at the pub on a Friday night - than his statement/feedback from his 'reliable' source at an 'executive' level at Wood Group.

@Targa123 'It will drop for being kicked out the 250, surprised people don't make the connection, tracker funds will sell.'

You are incorrect with your conclusion. There is no connection whatsoever.

Tracker funds do not invest in companies like Wood Group or any other company in the FTSE250.

Tracker funds do just that i.e. TRACK the ups and downs of companies in the FTSE250.

@Islandgirl. Sorry?

Talks continue - moved from the 'consructive phase', towards the 'productive phase'.

Still a couple of troublesome hurdles/issues, which may or may not be overcome at any point in time. If agreed, deal done. If not, Sidara walks.

Substantial talks continue between Wood Group's BOD and institutional investors.

Could be news out the end of this week. If not, then should be next week. Depends of a a couple of key issues. Either way, when the RNS is made, the Wood Group shatre price will react very, very quickly.

Some talk here about shorts and longs. Shorts and longs both think deal could go either way at 50-50. Hence there are a number of hedged bets to offset position (buys/sells) vs primary position (buys/sells) - all perfectly normal with a volatile stock like Wood Group and whereby outcome of deal is uncertain.

Currently odds are 60-40 in favour.

Wood Group's share price dropped somewhat today. As predicted and mentioned very early (almost immediately at the time of Sidara's 'expression of interest', Wood Group's share price will climb to 40p and pause for thought i.e. share price range needs to be 'ideally' within the 38p to 40p range.

The calssic 'Greed' and 'Fear' playbook (i.e. sharp rises, followed by sharp falls...rinse and repeat) within 'more or less' Wood Group's share price range of 37-39p to 40-42p (mentioned above) has been in play since I first predicted 40p share price and 'pause for thought'.

I expect the Wood Group share price to increase AM tomorrow Thursday to 'flush out' greedy private investors who cannot wait and are concerned about further drops...and therefore sell their Wood Group shares prior to conclusion of negotiations i.e. standard 'Greed' and 'Fear' playbook in action. Alternatively (less likley), the Wood Group share price may fall further AM tomorrow Thursday to 'flush out' nervous shareholders for the same reason.

The key choice for all shareholders (i.e. private investors in Wood Group) is whether or not to sell, or hold (as advised by the Wood Group's CEO and BOD to all shareholders) and sit on the sidelines patiently to await the outcome of negotiations between Sidara and Wood Group.

Some on here mention will Sidara make hostile takeover. Answer: No. It is not Sidara's style at all. Sidara's offer is a cash offer for the entirety of Wood Group. End of.

All IMO of course.

GLA

@Isle 'HAHA JO. You gave me such a hard time for suggesting 90p both parties would be happy. You have lost all credibility. Banker my A**E'

Firstly, I do not recall having a conversation with you about Wood Group's share price - only that you mentioned you have been involved with M&A, and I instantly mentioned that we have M&A in common. However, with your above statement, you have shown your true colours with your aggresive comment, tone and your expletive. After your outburst, I actually do not think you have been involved in M&A.

Secondly, I did not say that 'both parties would be happy with 85p-95p'. You are trying to put words in my mouth.

Thirdly, I do not care if you think I am a banker or not...the other day, you were adament that you have not met me. You are right - I have never met anyone called er, what was it again, oh yes...'Isle'?!

In my reply to Rob-50 question directed at me, I said that 'Initially I thought very early on that a fair price would be 85p to 95p', which I happened to estimate in about 20 minutes, based on the information to hand and when the Wood Group share price was in the 30p range. This was my 'valuation' on the company in terms of a fair (not good) offer. It does not mean that Wood Group would be happy to accept such an offer, nor was it a particularly 'considered' valuation (i.e. I quickly worked it out on the back of a scrap of paper).

I then went on to say that I have recently researched Sidara and have concluded that Sidara is likely to offer more than this. I have determined a new price, but I will keep this to myself...other than to say it is higher than 95p. My reasons are several on the Sidara side, and includes the recent changes that have taken place at Wood Group also. EG Wood Group's appointment of an external interim CFO who is alos on the Wood Group BOD to negotiate a deal and explore effective finance/debt solutions. All of which meant that I have taken a different view on the possible offer price. Personally, I think that is fair enough.

All speculation on the offer price here or anywhere else is just that - speculation. If Wood Group's counter-offer is pie-in-the-sky, the result will be that Sidara decides to walk off into the sunset.

It is for that reason I mentioned to Rob-50 that the real question is whether or not Sidara and Wood Group want to do the deal; and if yes, then what price is agreeable to both parties. We will find out soon enough.

Isle, I do not want to communicate with you further as you have called me a liar with regards to my professional occupation and added an expletive to boot. You can save your aggresive attitude and swear words for your mates down at your local pub, as you lean on the bar and flirt with your local barmaid...Mabel aged 83. Goodbye.