Member Info for MaryBr190

Iirc the issue seems to be with PWC and the management assumptions on revenue recognition and also the complexity of integrating acquired add ons.

My guess is the Sorrell knows what he is doing, his assumptions are correct and will win the argument while PWC's staff are trying to follow and catch up their understanding of the complexities involved. I expect a clean bill of health and no revisions and a lot of apologies to SFOR for this non event.

But who knows.
GLA

Will the sale be confirmed before Easter, I certainly woud not want to be heavily shorting if it is confirmed.

the Easter rising :)

my crystal ball is working well today through 170p now

to be honest I am expecting towards 170- 180p here today as the RNS sinks in. It has fallen on anxiety which now seems misplaced.

DYOR, just an observation

This work has been concluded to enable Wood's FY21 results to be announced on 20 April 2022.

The underlying results for FY21 remain in line with the guidance provided on 13 January 2022 and there is no change to the historical carrying value of the Aegis Poland contract or to the previously communicated year-end exceptional charge of c.$100 million announced in our release of 21 February 2022.

 

https://www.lse.co.uk/news/CMCX/cmc-markets-fy-net-operating-income-at-top-end-of-guidance-rsvbai6c67l7jxa.html

No doubt the mms with find a negative but this should be a solid day and feature on the gainers on the "top end" of my markets expection of gainers.

Bodes well for another decent dividend.

I did reread the Cancorde note that caused the sell off and it seem to me to be a cautiously positive note.

GLA DYOR

Provide a buying opportunity.

dodged a bullet here, got out on 4th Apr after a low 260 entry, my only other sale being at 324 following the crash purchase in Jan.

Out for now but what a damning statement, I am thinking another purple bricks (not the same I know but the route of the share price) May dip in at some point today though. GLA

https://www.lse.co.uk/news/CSP/countryside-shares-plunge-after-damning-internal-review-83mpisd4engw8lp.html

Name and shame :)

How low is the reentry. Sub £2?

My 324 sale Jan

Either way once this has settled in the next 6 months, year or so - the future is higher than where we are now.

It is all about risk appetite and how low an entry you can achieve before the rebound. It may be 80p again or 130p or 200p or perhaps this is now bottoming here.

We will only know in hindsight so GLA with your decisions.

We are only an oligarch snaction away from another sharp fall or a ceasefire away / Putin leaving office away from a significant rally

All a gamble of course.

Not sure, had another read at the RNS and am content to hold.

Have read many an RNS and this is right up there with one of the poorest. Perhaps they will do a TED and asked for formal offers for a sale.

Still will add at a double bottom. ISA funds at the ready.

At least you can fill your ISA with AVON shares :)

I guess you need to reread the RNS and do not hold your breath.

I read it as loads of phone calls no orders.

clear as mud

Tosca are the puppet masters here.

They will come out of this smelling of roses and are executing their gameplan atm very stealthily.

The media pals are softening up the LTH to think that 170p is a bid to go for.

HODL as this one has a long way to go.

As regards the Next / M &S article, at the end it says

"Shore Capital analyst Clive Black said any offer north of 170p, or £314million, would probably be put to shareholders."

"Next is not planning to get involved but did not rule itself out. M&S declined to comment."

Talk about a fine speculative piece under the heading

"M&S and Next tipped as bidders for Ted Baker after the struggling fashion chain puts itself up for sale"

I am surprised they do not make a headline grabbing story out of a single comment on the LSE chat and run with that too.

Or perhaps they will :)