RE: Rational Look at Wood Group (for the Adults)17 Feb 2025 11:35
As I said earlier, the boardβs arrogance in staying silent this morning has only fueled more confusion and panic.
This is now trading at a 0.3x EBITDA multiple, when the sector norm is 6-8x. The review is a non-issue, the order book is growing, and thereβs a clear path to positive cash flow in 2026. On top of that, they still have nearly two years to renegotiate the debt.
Right now, all logic has been thrown out the window. This is pure sentiment driven chaos and panic. What an opportunity to build generational wealth from a former FTSE 100 company, if you have the patience and the foresight to see beyond the fear.
The market is listening to their hunch - not your 'blah' 'blah' 'blah' 'blah'. All weekend long. The market does not care what you prophesize. It believes in fundamentals not your blah blah