Member Info for JamesOxford

It could be straight to auction when the market opens today...

My guess is that the Woof Group management and employees involved in the 3 agreements with BP were aware that an RNS could/should be released as a boost to Wood Group, so they along with fellow employee shareholders in the know added, which created a roll-on effect with the general market. It does explain the rise. IMO.

There will be another spike upwards today (at least this time we know the reason lol)...buckle-up!

From Share Cast COB 4 December: 'Wood Group shares surged on Wednesday, although there was no apparent reason for the rise.'

My thoughts exactly. Very, very odd. I mean I'll take it - and profits banked. But very unusual...

https://www.sharecast.com/news/risers-and-fallers/ftse-250-movers-wood-group-surges-zigup-stalls--18261940.html

@MaryBr Agreed on all counts.

Can you do me a favour and call Laura2022 out next time she has a 'beef' directed at JO without reason (she has filtered me after all...apparently), so you cannot be accused of two-tier policing?

I thank you in advance.

PS. Just to add, I do find you quite credible as an investor and most of your comments have merit.

@MaryBr190 Agreed. For example, Laura2022 who very rarely offers meaningful or thoughful insights into Wood Group (mainly statements like 'Expect 65p today') and claims to filter anyone who may disgree with her opinion and/or does not ramp Wood Group to the same degree as herself.

AH knows Capita's investment priority must be to fast-track AI and technogy in order to achieve synergies, high productivity and efficiency, improved margins and profits. In short AI is the key to Capita's future. The link below from SV Capita's Chief of AI makes for a good read...

Capita's website published 4 December:

Sameer Vuyyuru is Capita's Chief AI and Product Officer -

Sameer is responsible for overseeing and accelerating Capita’s AI, product and solution strategy and leveraging our hyperscaler relationships. Delivering scalable, repeatable AI solutions underpins Capita’s strategy to deliver better client outcomes. Sameer brings over 25 years’ experience in the global technology sector including, most recently, his role at Amazon Web Services (AWS) as Director, Global Solutions and Partnerships, Telco and Edge Strategy, as well as senior roles with Comtech, Semtech, Intersil and Texas Instruments.

https://www.capita.com/our-thinking/ai-capita-redefining-service-delivery-and-customer-engagement

@Icecool Told you Laura2022 likes you! Lol

@Icecool - well I thought it was funny. Don't worry Laura2022 has filtered me (and 50% of the other posters here), so she'll never know. Lol

I don't agreee Icecool that all investors everywhere suddenly came to their senses that Wood Group is under-valued. The fact is that Wood Group is priced for risk. That won't change until the outcome of the review is known. If you're right, then the share price will climb almost every day until it reaches £1.10 or so. I can't see that happening.

It could be the avoidence of the FTSE250 demotion to small caps, but to rise over 10% in one day, seems an over-reaction.

I would say that on balance, it's probably down to the RNS issued by JP Morgan on the Equity Swap. Some ill-informed investors may think this has a material impact on Wood Group as a company or the share price, and therefore purchased on the basis of that...and as the share price increased...fear of missing out.

Of course, in the absence of any news/updates, it could be a combination of all three.

Just left-field, it could be that the CEO of Wood Group has been 'encouraged' to step down, and word is out. If Wood Group were to issue an RNS to that effect either as a seperate RNS or in the next results, then the share price would spike! IMO

@Icecool Were you down at Whetherspoons Aberdeen tonight flirting with Edith the 85 year old barmaid with a somewhat pronounced limp again? If not, I heard that Laura2022 likes you... Lol

Aimless, you do realise I cannot stand shorts don't you? Of all the stocks you could have shorted in the LSE, you choose Capita. Good grief. I do think you have rocks in your head...

Aimless, I don't like to see you...a grown man (well, in your case, a teenager with a somewhat pale complexion and a rather rattled look on your face) cry. I sincerely encourage you to close your short position in Capita at your earliest opportunity. JO has spoken.

My earlier comment seemed to rile many of the Wood Group 'ramper club' members today.

My only point was that at the time of my post, the Wood Group share price climbed to .657p for the day, which was a great percentage increase. My thoughts were that it had likely hit it's peak for the day and there would likely be profit takers from there for the day, so the share price would be unlikely to increase any further today. The Wood Group share price closed at .647p so I was pretty much right with my call.

My other point is that the Wood Group share price increased based on no news/updates whatsoever. That leave pure speculation as the reason for the increase. Based on that as a 'reason' for the increase, I took the opportunity to sell and bank my unexpected profit. I remain invested at £90,000 at 52p.

I don't understand why the Wood Group 'rampers club' members are soooo excited by today's share price increase. It was only a month back that the Wood Group share price traded at circa £1.25. It has fallen a long way...

I doubt that the rise was due to the shots closing their open positions. I doubt that the shorts will sell out until the outcome of the Wood Group review is known. The fact is if it is bad, the share price will fall very badly, if not it will rise. The shorts will take their chances on the former.

If anyone knows of any rational reason why the Wood Group share price incteased today by 10.69%, please enlighten the rest of us. In the meantime, we'll have to see if any news/updates are announced tomorrow.

Nice rise today...on no news. Not sure how much further the Wood Group share price can rise from here (i.e. £.657 as at the time of this post) today. Probably be some type of sell-off (profit taking soon). The rise seems to be on pure speculation and hope. Happy to take it!

@Culley01 You posted the same on 21 November. Do you have early signs of dementia?

You sell, I'll buy.

@m007j You're welcome. It looks like you could do with all the help in the world. Like I said, whatever you do don't quit your day job (as school janitor).

Aimless - You're right, JO is a turncoat...that said, I'm an investor first and foremost. I've always liked Capita since AH joined, and he has put all the building block in place for success. AH speaks plainly and is quiety determined. Besides that, I love a good turnaround story (they are few and far between.) and Capita will be a sucessful turnaround story, whic will be evident in the update on 17 December and the full results in March.

Aimless you too are a turncoat...long one minute and short the next. You are probably the biggest flip-flopper out there...at least that's what your girlfriend tells me.

Aimless - BTW Feel free to keep talking Capita down to create more sellers before 17 December...I love to buy Capita at bargain prices!

Aimless is short, JO is long. You sell, I buy. Let the games begin!

@M007j 'JO - you are going big! You have great confidence'

Sorry I didn't bother to read past the above line....I thank you.

@Aimless Can't you read....?

Yes just bought 2 lots, £50,000 and £25,000 today. I'll build to £200,000 - buy in the dips and slumps before 17 December. There will be plenty of those prior to 17 December. I know what I know. JO has spoken.

@m007j 'JO, are you going to use this period of artificial suppression of Capita stock to build up a big position which you will then sell at a higher price than that which you bought?'

Are you daft? Do you think before you type?! Good grief.

I know I'll follow m007j's investment strategy and buy a stock at a very high price and build up a big position and then sell at a low price. Yes that's the way to become very, very wealt....BANKRUPT! Great advice m007j...don't give up your day job!

Just saw my second trade for £25,000 come in at 10.48am i.e. in case there are any doubters. Lol