Member Info for Jxp101

P119... Okay you're right I'm shorting here. Lol. As if my comments would influence enough retail investors to sell and influence the price. The whole market in general was up today - go and have a look. I have profits invested here as i sold and exited my initial investment. Tell me what is not negative about the current situation here? That's why people keep posting brit negative or positive (to keep everyone morale up).

Back down we go tomorrow. Interest rate bounce comes to an end and back to 60s.

What's interesting is that there is talk of dividends and buybacks, DCF is in favor based on current valuation - very bullish signal. You only have to look at other companies that went through with buybacks where the SP is now.

Yet Sir Martin Sorrell has not started a campaign of director buys to get this moving again. He needs to start buying into his theory / plan. It would be the biggest vote of confidence for the share price but i can't see him doing that, because I think he is still unsure of the future.

I think cost savings they promised last year should be reflected in their next update. Which will help the turnaround.

The Company announces that on 14 January 2025, Regis Schultz (CEO), purchased a total of 109,933 ordinary shares of 0.05 pence each in the Company at an average price of 90.06 pence per ordinary share as set out below.

Think at least the CEO thinks 90p was cheap. All out of his pocket.

Norges? Are the buying into the recovery theory.

88p when the pipeline was shut in December 2024 and debt last reported aa being higher. Pipeline to open, debt lower and still 66p. Good margin here to make a retrace and quickly.

Massively undervalued at present based on forward outlook. The share price will ramp up over the next 6 months. Too many positives here and most importantly a very strong balance sheet.

It looks grim when in January most corporates have provided at least a trading update and then Wood haven't provided an update in January when they normally do. I imagine Deloitte concur with KPMG on further contract write downs.

Let's hope so. Why this is not £1 is beyond me. Also see this as prime takeover target.

Might be worth getting in touch with investor relations as per Wood website for a date on an update.

For investor queries, please contact the team at investor.relations@woodplc.com or contact the team below.

Investor relations team:

Simon McGough

President, Investor relations

+44 (0)7850 978741

Vikas Gujadhur

Senior manager, Investor relations

+44 (0)7855 987 399

Helen Coghill

Coordinator, Investor relations

+44 (0)7811 773381

More dumping very like here. Morgan Stanley will be dropping much more I'm guessing.

Unsure about allowing this management team any money to make catastrophic investment decisions that might result in a dilution or bankruptcy in the future.

General Trump tariffs impacting markets today

Let's hope this wet fart of a stock hits at least £1 today.

I'm also invested in GKP. I think BP could come after both or one or the other in a takeover deal. I agree Genel was different when the pipeline closed. Debt was much higher - today it's a different company and hugely undervalued . Although Genel management are not on the same shrewd levels as GKP.

For sure. Based on last update (below), debt is well under control. Hence, interest costs will have gone down. Good cash surplus too. Dividends potentially this year IMO.

Balance sheet at 31 December 2024

- Total debt has been reduced from $248 million at the start of the year to current $66 million

- Cash of $195 million (2023: $363 million)

- Net cash of $131 million, an increase from $120 million at the start of the year

• Receivables

- $107 million (under KBT pricing and excluding interest) remains overdue from the Kurdistan

Regional Government (‘KRG’), although this is reduced by amounts owed to the KRG, which

are currently around $50 million

Let the markets have the news from this trusted new sourcs in advance of the fireworks that will commence from 8am tomorrow :

https://www.reuters.com/world/middle-east/iraq-parliament-approves-compensation-plan-resolve-kurdistan-oil-dispute-2025-02-02/

I wish there were shorts here. I've been wanting to see shorts 🔥🔥🔥🔥🔥 but haven't yet experienced this . If only this had been shorted upto 7% would have made for so much excitement tomorrow morning - would feel like Christmas morning used to, growing up .

Wow. Well done to you, your retirement is sorted. Hold for the takeover £5 and more