Member Info for juyamah

Barneysmb..
have a look here excellent service with £10 per month fees and trades at £5:99p
https://www.ii.co.uk/

Excellent location so close to Methil..

4 April 2023



John Wood Group PLC ("Wood" or the "Group")



Statement regarding Final Proposal



The Board of Wood notes the announcement today by Apollo Management Holdings, L.P. ("Apollo") of a possible offer at a final price of 240 pence per share in cash for the entire issued and to be issued ordinary share capital of Wood (the "Final Proposal"). The Final Proposal is subject to a number of pre-conditions and reservations as described in Apollo's announcement.



The Board of Wood will continue to engage with its shareholders.



There can be no certainty that an offer will be made. Further announcements will be made as appropriate.



Any offer for Wood is governed by the Code. Under Rule 2.6(a) of the Code, Apollo must, by not later than 5.00 p.m. on 19 April 2023, either announce a firm intention to make an offer for Wood in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code.



-At least its not an outright rejection of the offer..

I was about to hit the sell button at 202p with a few minutes of trading left...but decided to hold on, expect it will be an exciting day tomorrow ..

offer is dependant on recommendation by the BOD so is likely to be rejected again...This announcement does not constitute an announcement of a firm intention to make an offer under the Code. There can be no certainty that any offer for Wood will be made even if the pre-conditions referred to above, or any other pre-conditions, are satisfied or waived.

Received today the Voting slip for the annual general meeting, in it resolutions 18 and 19 are pertaining to the company buy backs of shares.
These resolutions as I understand them are asking for the shareholders agreement to instead of cancelling the shares rather we should allow the company to hold them in Treasury to use instead of cash in the future should such a situation arrive that this method would benefit the company.
whilst I cannot think of a down side to this arrangement, before agreeing to these resolutions, I was wondering what the consensus think....

https://www.heraldscotland.com/business_hq/23418641.transformative-year-wood-awaits-confirmation-takeover-bid/

https://www.energylivenews.com/2023/03/27/energy-industry-braces-for-uks-green-day-will-it-be-a-game-changer-or-a-flop/

"Most any LTH knows why the share price is so low at the moment, but few choose to comment on the potential reasons".

The main reason that there is no proper debate on the current share price is that any post that doesn't ramp the share is considered a troll....as for the reason the price is constantly sliding has to be the lack of long term funding confirmation.

https://news.stv.tv/north/operators-warned-by-unite-union-of-tsunami-of-industrial-unrest-in-north-sea-oil-and-gas

Jefff
you are absolutely correct, every Uk government I can remember ( and I'm now in my 70s ) have kicked the borrowing can down the road, we live in times when a large numbers of people contribute nothing to the wealth of the country and austerity is a dirty word to them.
Have you another solution to the problem other than higher and higher taxation for the companies and individuals who are carrying the burden.

watch "watch eat the Rich" on Netflix, a good look at shorting and what happens when investors latch onto a shorted share.

What a day, all my holdings are down with the exception of SPT.
Everyone must be holding for the dividend.

Far too much of dogs abuse on this chat board...anyone got a spare Muzzle.
I'm quietly confident in the long term, don't need to read stupid ramps day in day out..

Quickdip
I wouldn’t invest in docs simply because there isn’t enough history to know what is high/low sp...
I pleased you do find it that simple to judge..

I agree it could turn out to be a 'Gravy Train' for new investors, which I assume you are.
For us longer term holders its been anything but, I'm 50% down on where I was a year ago...and as you say near its 30 year low....this gravy train has been off the tracks for a while but might just be ready to get going again...I hope.

https://www.defenseworld.net/2023/03/09/national-express-group-lonnex-stock-rating-lowered-by-liberum-capital.html

Yes getting some of Dogs Abuse seems to be a common theme on here...

Facebook video shows a turbine at the Methil yard...probably not H&W but plenty of wind available..
https://www.facebook.com/1219017467/videos/730334298544515/

stokey12...I'm not being critical of Harl...I am a shareholder in a small way ( only 18,000 shares) will be topping up once the share price start to gain new traction...Only posted the piece because of your earlier post.....