Member Info for Montyfino

😁😁😁

Morning all

Looking very positive at the moment, lets hope it continues. 30p would be nice for christmas.

how worried are you aim?. ive been for a pub meal, had a couple of pints and 3 glasses of red and you are still here trying to scare people. are your shorts gone ****ty

Wonder why he's still here then.

A. new keen and astute management team will have this worth £3 in 4 years

You only short aim. Are you worried?

The long delay in publishing the 2024 accounts, plus the need for an independent review, created a sense that there might be serious accounting or financial control issues.

Some investors worried about a potential qualified audit opinion (which would have been a red flag).

The market chatter suggested Wood might reveal larger losses or cash flow problems than previously guided.

📊 What actually came out

Audit opinion: Clean, no qualification. That alone was better than many expected.

Profitability: Modest operating profit, not stellar, but it avoided the feared “deep red ink.”

Cash flow: Still weak, but not catastrophic. Liquidity is tight but manageable.

Balance sheet: Debt remains high, but not worse than anticipated.

⚖️ So, better than feared?

Yes: Because the accounts didn’t reveal hidden disasters, and the audit was unqualified.

But: They weren’t “good” in an absolute sense—Wood is still under financial strain, and the Sidara deal remains the main path to stability.

👉 In other words: the accounts were less bad than the market had been led to suspect, which is why the share price reaction was relatively calm.

The long delay in publishing the 2024 accounts, plus the need for an independent review, created a sense that there might be serious accounting or financial control issues.

Some investors worried about a potential qualified audit opinion (which would have been a red flag).

The market chatter suggested Wood might reveal larger losses or cash flow problems than previously guided.

📊 What actually came out

Audit opinion: Clean, no qualification. That alone was better than many expected.

Profitability: Modest operating profit, not stellar, but it avoided the feared “deep red ink.”

Cash flow: Still weak, but not catastrophic. Liquidity is tight but manageable.

Balance sheet: Debt remains high, but not worse than anticipated.

⚖️ So, better than feared?

Yes: Because the accounts didn’t reveal hidden disasters, and the audit was unqualified.

But: They weren’t “good” in an absolute sense—Wood is still under financial strain, and the Sidara deal remains the main path to stability.

👉 In other words: the accounts were less bad than the market had been led to suspect, which is why the share price reaction was relatively calm.

Better than I expected

Could be 30 to 50p when trading again. Shorts needing to close.

Lets hope so. I'm suprised we dont have more people on here buying in. It's rare you can get on a 2/5 odds on shot at 12/1

Looks like a rerate.

We will probably be long gone by that stage.

Shocked at the dates. I was thinking it would be early to mid 2028. Our interest rate here has doubled.

Be a massive arb if they held it back on a day like today.

Shorts will be made if they didn't use there get out of jail free card here.

Gold seems to have recovered. Backnup to nearly 4k now. I think we may overtake the asx as we did one day last week.

Lot of noise here today. I'm switching off for the day.

Blackrock increasing

Correct, all we can do is ride this out. It will come back stronger.

They were never going to settle pre action.

Ai can be bad or brilliant. I've used it successfully on a legal dispute where I did want to pay a solicitor. It had dragged on for years till then. You do need to challenge everything and flip your thinking to your opponents to get what you req.