Member Info for JamesOxford

@StressedOut1: It is only 11am Friday. If not today, then Monday, or soon. Wars are rarely good for the stock market. It's not clever, it's just the way it is. If you choose to remain invested in JD Sports or elsewhere (does not apply to defensive stocks like oil, gas, gold, defence) and not have cash in the bank, then I wish you the best of luck. Personally, I will reinvest in JD Sports when it makes sense to do so. Anything less is gambling. IMO

Someone mentioned Mobico's fuel is hedged for 18 months (and so implied that Mobico is womwhat immune to the US-Iran war)...

In my view, Mobico's share price drop is no doubt influenced by investors who have weighed up the the US-Iran war affect on the transport sector i.e. companies like Mobico as well as other transportation companies/industries.

If the US sends in ground troops, and Iran digs in, it could be a 2-3 year war. Fuel prices will definately rise further from the middle east. It could happen - look at the Ukraine-Russia war...4 years and 1 week to date.

Therefore, Mobico's fuel hedged for 18 months, seems like a relatively short time due in times of war and the uncertainties around that. Hopefully, Iran surrenders quickly and the US-Iran war ends. However, I feel this US-Iran war will continue, and this is the calm (if you can call it that) before the storm.

@Foggles. As Wood is bought out and Wood winds up I will miss your strange posts. You have added the weird and wonderful to this at times heated discussion board!

@jqnewcastle If investors wanted to buy into Wood, it really ought to have been on or before 4 March as that allows time for registration i.e. T+2 business days (Trading Day plus 2 business days) in order to be registered for those shares bought in time for Monday (date of suspension). Those shares will be registered and will be bought and transferred to Sidara and therefore paid out 30p per share.

I am not so sure there are 'Good times ahead' for JD Sports or most other stocks for that matter. I suppose it depends on your timeline. At the moment, I have sold out of almost all investments in the stock market and cashed up. I predict a slump in the stock market on Friday. The US and other are evactuating people out of the middle east. The US could ramp up strikes this weekend afte rthe markets have closed. The weekend is a long time to be in the stockmarket during war. Further, if the US put boots on the ground, the stockmarket will crash. In times like these cash is king. The only winners will be shorts and cashed up investors.

Re Compensation for Wood's shareholders for Wood's dark deeds....

The thief (Wood) was caught red handed with its fingers firmly in the till by Deloittes who then called in the sherrif the FCA who then investigated and acted as judge, jury and executioner. Wood admitted guilty as charged, and the FCA rewarded Wood's 'honesty' and 'Gee shucks...' excuse with a lessor sentence i.e. 30% off the fine, so Wood pays a mere £13 million fine.

Sidara - knowing that Wood was cooking the books - played a masterhand and dropped the offer from 35p to 30p. No other wanna-be buyer is interested in any company that cooks the books, so there will be no other offer from anyone. Sidara now owns the former-thief and will now have to rehabilitate all of Wood's processes, accountabilit, and management to ensure twitcy hands do not find their way into the tills in the future. Sidara demonstrated a masterclass in negotiations from satrt to end. Remember Gilmartin said "Sidara is Del Boy". Well look now, Sidara is about to buy Wood for a bargain with loads of work opportunities available...and where is Gilmartin - sitting in a rocking chair somewhere gazing at his navel asking himself "Where did I go wrong?!".

As for compensation for shareholders for Wood's dark deeds, the horse has bolted. Don't cry over spilt milk. Bank the 30p and move on to other investments.

With the Iran war in motion, there will soon be plenty of opportunities. As US citisens and others move out of the middle east, the US will escalate - probably this weekend after the markets have closed. Further, the US can put boots on the ground in a few weeks, at that point the stockmarket will crash and investment opportunities will be everywhere. At times like these, cash is king...the only winners and shorts and investors cashed up.

FCA findings: 'Wood Group's share price fell by around 78% and its shares were subsequently suspended on 1 May 2025 as a result of its failure to publish the FY24 results within the required timeframe (30 April 2025).' That about sums up the Wood disaster. OWn goal and Sidara snaps up Wood for peanuts: 30p per share.

It was the deception of Wood that cost investor dearly. The fact that Deloitees was called in for an independant review followed by the FCA and the fine - all bad news - and to the detriment of Wood's institutional and private investors. The FCA fine of £13M may be peanuts, but the Wood share price suffered due to bad practices and accountancy standards and poor reputation and own-goals by Wood. Shocking for all Wood management involved in this scandal...cooking the books.

Deloittes smelt a rat and they were right. Full details of FCA Final Notice to Wood below i.e. contains Wood's dark deeds of deceit. Wood pleaded: Guilt as charged:

https://www.fca.org.uk/publication/final-notices/john-wood-group-plc-2026.pdf

FCA article on Wood's dark deeds here:

https://www.fca.org.uk/news/press-releases/fca-fines-john-wood-group-plc-issuing-misleading-statements

Https://www.reuters.com/world/uk/britain-fines-john-wood-group-17-million-inaccurate-results-2026-03-04/

FCA Slaps £13M Fine on John Wood Group for Financial Inaccuracies. Article below:

https://www.devdiscourse.com/article/science-environment/3825762-fca-slaps-13m-fine-on-john-wood-group-for-financial-inaccuracies

@Frenchletter Best to check details with your broker.

@Lazlaz Should be up to 14 days from 10 March, then its pay day.

@Frenchletter See link below and scroll to bottom to see key dates:

https://www.londonstockexchange.com/news-article/WG./update-transaction-court-hearing-completion/17484939

@Frenchletter Not sure why you mention 31 March as its not relevant. If you read Wood's RNS it shows: 'Last day for dealings in, and for the registration of transfer of, Wood Shares is Monday 9 March'. If you bought Wood shares via an online broker on 3 March, it should be fine as it ought to be T+2 days (Trading Date plus 2 business days) for them to register the shares in your name. If you bought via paper it could be problematic as this may take time i.e. snail mail etc. Your broker can confirm. Best taht you check with your broker as only registered shares will be bought/transferred to Sidara and paid out to owners of the shares.

I mentioned that it may be a time to top up a few hours prior to suspension in the event the Wood share price drops prior to suspension. However, if Wood investors want to top up, it probably has to be done today 4 March as that allows time for registration i.e. T+2 business days in order to be registered for those shares bought in time for Monday (date of suspension). Only relevant for those who want to top up between now and the 30p payout of course.

Fair point re hedged fuel for Mobico. However, my view is that Mobico is a turnaround business with some road to travel.With the Iran war, it does not make any sense for me to hold out. The recent rise of circa 30% was somewhat unexpected and more than enough profit. A bird in the hand is worth two in the bush.

I actually sold out of most of my stocks AM Monday, as the Iran war will have a knock-on affect across almost all stocks other than most defensive investments i.e. oil, gas, gold, defence, utilities. For me, the risk vs reward to remain invested in most stocks definately does not add up at this time. I prefer to minimise risk and be cashed up - ready to re-invest when it makes sense to do so. By then, no doubt most stocks will be a bargain. The only ones to benefit from the Iran war in investment terms will be shorts and cashed up investors.

For those who decide to remain invested in Mobico - I wish you all the best and hope it works out for you. I will see you at the other side i.e. when the Iran war is over! GLA

I would say the at the Wood share price will remain 28.5 to 29p per share up until suspension. There may be a quick few hours just prior to suspension whereby the Wood share price dips to 27.5 to 28.5p as some investors will choose to sell and not wait for the cash payout. For keen observers, that would be the time to top up, but only with a chunk of circa £50,000 at 27.5p as less than £50,000 probably is not worth it. IMO

@Apendragon The odds are definately in favour of the shorts - wo well done. I sold out of YouGov at 23p AM Monday, better to cut and run than stay remain invested amoungst the carnage. You can probably hold your short for 3-4 weeks yet as more and more nervous investors bail and preserve cash in these uncertain times.

I predict that right now we have the 'lull' before the mighty US storm. This week, US non-emergency citizens are moving out of the middle east. This means that once the markets are closed, this weekend the US will strike Iran hard. Iran will retailiate in and around the middle east. Come Friday (for early birds who predict the major strikes over the weekend) or Monday, the stock market will nose dive with almost all but a small handful of stocks down badly.

Of course, when the Iran war is over, the only ones to profit will be shorts and cashed up investors ready, willing and able to buy into stocks at bargain prices!

@Luca Incorrect - I have never claimed to be in at 18p. FYI I bought months prior to suspension, but bought heavily prior in the week or so prior to suspension at circa 18p to bring my average down to 22p. I am very happy with that and will wait for the full 30p payout.

Not sure if you will make a profit Luka - if not such is life. Just move on old chap. Lots of opportunities when the Iran war is over. Until then, here is some free advice: Keep your cash/pennies in your pocket, and cheer up!

Anyone seen Graff? He owes me a pint at his favourite pub spoons in Aberdeen!