Member Info for johnychainlocker

Thanks for that SG2025, I admit to a lack of understanding here, so, just what I was looking for - more information.

On that note, could you please explain to me, boxes 1(a), (b), and (c) of the Goldman Sachs Form 8.5, with SPECIFIC relation to the restrictions contained within the Take Over Panel Rules.

I am long OldBill, intend to hold through suspension, and as a matter of fact I can't wait for suspension as at the very least it will do away with what is blindingly obvious price manipulation.

Old Bill, if Sidara were to 'buy as many as they can' that would force the price up, which is not what they want to do. They are trying to keep a'lid' on the price as it in their interests to do so at this moment in time.

On another point altogether, going back to the Form 8.5 RNS from GS:

Sidara, as the 'offeror', in this case, are forbidden to buy/sell shares in the offeree company during a takeover attempt. This restriction aiming to prevent the offeror from manipulating the market and potentially frustrating the takeover attempt.

"The Takeover Panel rules prohibit an offeror from dealing, as a principal, with an exempt principal trader connected with the offeror in the shares of the offeree company during the offer period."

HOWEVER, "dealings through an anonymous order book system are permitted, provided neither party is aware of the other's identity"

Anyone knowledgable on this, or indeed agree even, BUT i've been noticing for a while on the trades information that we have (with it's limitations on reliability, taken), that the 'O' trades show a pattern more akin to the 'A' bot trades pattern.

The way I interpret it, Goldman Sachs being an exempt Principal Trader here, are trading WG shares on 'behalf' of Sidara, SUPPOSEDLY anonymously (if done according to the rules), and these are the 'O' trades that have been showing up with the unusually large, for a PI, buys/sells ?

Have to agree with Medjed - it's all as bent as a five bob note, and about as clear as mud, with an unfathomable 'fog' of regulations that only a trained lawyer can understand!

Anybody explain? Agree with the possibilty? or otherwise?

That 8.5 Form a few minutes ago, if I read it right, that's GS notification of selling on behalf of Sidara. It's obviously been going on for a while but is it Sidara in the main who's keeping a lid on the SP?

Very nice of you to share the tidbits with us FF03, thanks

Exactly MR G - 'nuff said for the day!

@NMH21

😂

Being too hard on yourself there Cheety, you're not crap at trading you're just trading, like the rest of the PI's in the country with the lights dimmed right down. Bright lights are only on in the professional traders world, whilst we struggle with hardly any reliable info and a body called the FCA who couldn't regulate the temperature in an ordinary household oven.

Like your optimism Wiggly but it will be patently obvious when/if there is a leak, and they've managed to keep a really tight ship so far, so don't think any leaks atm.

FWIW my buy earlier was reported correctly.

WeeWilliw - it's neither. It's an informed' guess' if you will, based on the trade price compared to the buy/sell price at the time of deal. Nothing sinister, and definately NOT to be relied on

FWIW !

Herewith reply from IR regarding my question on 'possible' conflict of interest re Neil Bruce and Emma Griffin:

"Thank you for your email. As you will have noted from our announcement on 14 April, Wood has engaged Europa Partners, J.P. Morgan Cazenove, Morgan Stanley and Rothschild as joint financial advisers. We are comfortable with the role each of those advisers is playing in respect of our engagement with Sidara and more broadly in respect of our ongoing discussions with lenders."

Just this minute had a telephone call from the Take Over Panel. They were not aware of the relationship with Emma Griffin and Bruce, and the lady informed me that she is going to contact Rothschilds personally to determine whether or not there is a possible conflict of interest.

She believes that because EG is at board level she is probably not involved in day to day discussions on the takeover, however she is going to satisfy herself ( don't read this part carrot !) that that is indeed the case.

(And yes carrot , you only have my word for that but I can assure you all you have to do is email 'supportgroup@the takeoverpanel.org.uk' and you WILL be contacted!)

Could very well be SWLC. They could virtually all leave, and in the absence of a shock RNS we wouldn't even be aware of it!

Will do Luca, some people eh?!

Carrot mate, you really do need some help!

Wouldn't normally publicise (not that I think there's any particular reason not to, what can anyone do with the info) however just for you carrot I'm making an exception, 'cos I really do feel for you.

FWIW (in the hope it might just help you let go a bit), my current holding, in WG is 25,558 shares at a total cost of £7487.61p.

Let me know if you need help working out the ave. cost. Nah, feel sorry enough for you I'll give it to you 'cos I'm nice like that, you know, helping out those less fortunate than oneself etc.. It's 29.29p!

Yeah, it's a paper loss atm, but hey ho you win some lose some.

I have been buying/selling all the way until my latest top up purchase yesterday

AJ Bell:

"Deal date Settlement date Bought or Sold Time Reference Sedol

Venue Quantity Price Consideration

XLON 4,464 0.223976 999.83 GBP

Dealing charge 3.50

Stamp duty 5.00

_____________

Total debit 1,008.33

JOHN WOOD GROUP PLC ORD GBP0.0428571

This transaction is subject to the rules of the London Stock Exchange

We have bought for you as agent

GBP"

Now don't you feel the dick? although you do enough of that already eh?

Oh, Sorry carrot ( couldn't help myself !!)

"....opening joke is your trading history in WG"

Which is ????

Sorry carrot, what started out as 'banter' has now descended into the ridiculous. Last post on this from me, for everyone's sake!

Hohoho carrot- when's your next gig at 'Live at the Apollo', I'll make sure I buy a few tickets, I like a few laughs (that's if I can afford any after buying in at what did you say, 58p).

Stop it now carrot , please, you're hurtingmy sides!

@robdabank - "wumming"? wtf is that? - something you and carrot get up to in your spare time?

Told carrot and now I'll tell you , it's not good for you mate!

Now don't you go worrying yourself about me carrot, everything warm and toasty here.

Anyway, I should imagine you got plenty of other things to keep you 'occupied' apart from my comfort - You outta that loo yet? It can make you go blind you know!