Member Info for Sharebel

Heads in sand trying to ‘ accountant’ your way out of this by shifting figures to different sides of the balance sheet. Refinancing review is under way as per the RNS from the company- what form will this take? Maturity date agreements can be made to be changed if certain conditions are not met and can be demanded. I think it’s comical how you all forget with your short memories what started all of this big slide on the announcement from company of their FY Trading Update! The FTarticle on Saturday suns it up perfectly! And that is why SHORTS HAPPY TO INCREASE and OPEN MORE! IMHO DYOR

‘the truth is they have struggled to get it down, even with asset sales,” wilson said of the debt. “there is something in the business . . . that keeps on generating cash outflow each year.”

wood group declined to respond to questions about its recent performance.

chief executive ken gilmartin in february claimed he had laid out “a very clear route to positive free cash flow in 2026.”

investors are likely to be wary about performance after multiple previous promises of an imminent turnaround. it had been a “horror story” said one fund manager said. “they keep finding new losses, taking more writedowns.”

for the immediate future, however, the renewed sidara talks are critical to wood group’s future.‘

All over the place these past few days have just added unnecessary more months of war! EU and UK now trying to keep it going and offering boots on the ground. Shocking when we could have had the opportunity to end it! Keep that war machine going - great profits for the arms dealers who must be rubbing their hands at the EU and UK declaring more $ to go into all their defence budgets and increase arms. Trump does not want to play this game and will let them play it out. Starmer has just cost you all a lot of money here as he tries on the power grab and cosies up to EU. Next stop EU Army! IMHO DYOR

Denzil you can’t park leases! Your whole post now falls apart! Crumbles into a heap of naive dust. Next? LOL

IMHO DYOR

the market has overreacted? has the company overreacted when they say the following communicated to market?

refinancing

· as previously disclosed, the majority of the group's debt facilities mature in october 2026

· we are therefore undertaking a detailed, holistic assessment of all potential refinancing options

as part of this, we are engaging with the group's lenders on these options together with any potential implications of prior year adjustments which may arise from the independent review

so all those likes but still no counter to funds, institutional investors selling positions in the 20’s while ii shorts increase and new ii shorts open. calm and confident they remain to bet against retail.

you’re placing all your money on a bet if a distressed offer is made egged on by blatant incessant ramping every minute on here. 1.4 billion debt deduct that along with the legacy claims amounts before any offers begin. back of *** calcs offers from wishful thinking to save the day. a reminder of the ft article here paints a more realistic picture than the gordon gekko wannabes on here! the real gordon gekkos are shorting it! imho dyor

the truth is they have struggled to get it down, even with asset sales,” wilson said of the debt. “there is something in the business . . . that keeps on generating cash outflow each year.”

wood group declined to respond to questions about its recent performance.

chief executive ken gilmartin in february claimed he had laid out “a very clear route to positive free cash flow in 2026.”

investors are likely to be wary about performance after multiple previous promises of an imminent turnaround. it had been a “horror story” said one fund manager said. “they keep finding new losses, taking more writedowns.”

for the immediate future, however, the renewed sidara talks are critical to wood group’s future.

So no analysis or genuine answers as to the refinancing of their 1.4 billion debt as mentioned in the RNS ? No answers as to why shorts feel easily comfortable and secure to increase here and open brand new ones? No ILS still no answers just talk from you with petty insults directed at me when these difficult elephants in the room questions never receive and answer from anyone who is simply in it to trade. The same situation exists pre muting of an offer. No offer has been made and even the RNS says IF and there is no guarantee that an offer may even be made. Blinkered and blindly believing there’s no problems here only upside dismisses why the SP plummeted in the first place! IMHO DYOR

I love Sushi - yes I actually said that any form of placing or indeed rights issue would see it marked in the teens. It went to whisper under 21 on its own. You are a trader in volume stocks not an investor and the complexity of the situation has clearly gone over your head here. Put on your investor head if you have one and tell me WHY shorts feel so comfortable and confident that they have increased last week and a new ii short been opened? In complete contrast to your expertise that you think an offer will come through asap and that they will be burnt. I suggest the roles might be reversed here. Answers ILS? You’ll make zero comment as way above your personal knowledge! ??? IMHO DYOR

Credibility as in posting extracts from FT journalist piece or facts on top like the short positions reported to the FCA increasing and being opened by ii versus a random bloke on X with a handful of followers who last week posted a fake rumour then deleted- this is what they do. Presumably some random poster on here - look for the poster who ‘found’ it and started the thread! Wise up! IMHO DYOR

You guys here are wild thinking some random 2 bit trader X post account with 100 followers has insider information when all they are doing is repeating a phrase used in the piece which related to talks last time a few yrs ago! I have no words for the investing abilities of people happy to lap this up on the basis of it fits their agenda and now after the FT spells it out the hairy scary warts and all of 1.4 Billion debt refinance they will go with the random fake news X post! IMHO DYOR

yes this bit from the ft piece resonates with me! perhaps this is why institutional shorts have increased and have opened new ones last week? any explanations as to why they feel comfortable and confident in their opposite the pi/retail positions here? perhaps the 1.4 billion it has in debt in various debt facilities which the lenders may not now be as comfortable with now more information on the company’s finances has been revealed? people on here brush this away like there’s no requirement to do anything about it until october. that is chillingly naive. even if a proportion needs to be refinanced that’s a big ask when presented with the current state of affairs or ‘perilous position’. how lenient will current lenders of the various debts will be is the main question you all should be considering not fantasy *** packet offers! how even can they make a dent in this even with a bottom barrel rights issue? imho dyor

however, a decade of global expansion, launched after sir ian retired in 2012, has proved disastrous. the push ended in a debt-laden struggle for cash, haemorrhaging talent amid cost-cutting drives.

the company’s market value slid from that 2018 peak at first because higher interest rates and a slowdown in industry activity hit its business model. it tumbled by more than 60 per cent this february, to less than £200mn, after wood revealed it was continuing to burn cash. a deloitte review also uncovered “material” governance weaknesses in its projects division.

in addition, chief financial officer arvind balan was forced to step down on february 19 after admitting misstating his accountancy qualifications, following questions from the financial times. iain torrens, former cfo of brokerage icap, was brought in as an interim replacement this week.

wood has $1.4bn in various debt facilities to refinance by october 2026, leaving it in a perilous position.

one industry veteran who has tracked the company’s travails closely said wood had spun “its own death spiral”.

“this is a crisis that went slowly, slowly, slowly then suddenly, and that’

37.08 was the SELL price yes look at those sells which dropped the SP into close. IMHO DYOR

Wow scmdcyp so my opinion differs from yours and you disgracefully resort to ‘mental health issues’ because you only want positive rampy comments here and no reality analysis or difficult questions to be asked and still zero explanation from any rampers for ii selling out in 20s along with shorts so cosy and confident that they increase not cover? IMHO DYOR

Rob-50 it’s an opinion board for opinions we can all have them. However those starting fake rumours and placing fake insider information on here need to be reported if not only for their shocking spelling of colleague! IMHO DYOR

And people would rather make up titles about me than actually contemplate WHY they are selling out and increasing short positions in fact opening new ones too. What was the reason for the fall here? Have you all forgotten that? Short memories.

Some folk opened accounts on here yesterday just to post on here (one ramper trader has 3) one is circulating fake rumours of information- reported and one starting fake X posts. The ii will laugh loudest at these pathetic attempts to aid their sells. IMHO DYOR

Ah so you want to focus on an ii buy *look when they bought lol not masses of funds, ii and banks who sold in the 20’s? Again blinkered GS will be playing with retail mugs and you’ll find 4 days time they’ll be long gone once obligatory holdings RNS pops up. Market takes it up for the offload every time! IMHO DYOR

the fud on here is in overdrive and mr new account frog**** full of such sensible advice except this is just one of neil’s new accounts.

sensible advice would not to be shooting the messenger here and follow the money out of here. you are making the mistake of only looking at one part of the picture here and totally sticking your fingers in your ears listening to ramping daytraders and not focusing on the reason why wg fell so far down and why institutional investors and funds rapidly sold out on the 19th jan rns and continues to sell despite the recent rns and that subsequently funds and ii shorts have increased and new ones have been opened such is their confidence that the sp will remain below their new positions! follow that money not some burner account fool who always shows his hand by attacking the messenger! imho dyor

Well daytraders who pumped this do not want to get caught in the middle of a discount placing and no amount of made up X rumours with someone with 100 followers is going to sway it lol. People who bought the hype about imminent offers will be looking at their portfolio slashed by half after refinancing is done! Remind yourselves WHY the SP plummeted in the first place here! The carrot of a low ball offer for a distressed takeover is just that deal with the issues of how and why ii left here quickly and in 20s! WHY has the SP fallen down here? IMHO DYOR

One has to wonder why you say that other than to ramp ramp it when the 24/3 is the offer deadline IF it even comes. The company stated clearly there would be no guarantee that an offer would materialise here. Caution to be exercised here because all the problems still remain they haven’t disappeared! In the next week refinancing has to come. Rather than an offer RNS it is highly likely there will be an RNS addressing finance need that will happen on Monday to get it out of the way and provide leverage to fight off low distressed offer! Read the first RNS read the media speculation RNS don’t just go on here and read posts! IMHO DYOR

Same old thing lol stop losses yeah that’s why it’s falling? Meanwhile the ii have since the original RNS and even subsequent re approach for offer actually INCREASED THEIR SHORTS contrary to the rampers pumps that shorts would lose their shirts. No in fact they’ve added many new shirts and suits to their wardrobes!

The sticky problem of RE-FINANCING is still there which caused the fall in the first place. It’s why numerous institutions and funds ran for the exit door even in the 20s now THAT must tell you something that they know it’s lower the refinance raise than where they sold huge %s company out at in 20s! IMHO DYOR

Your stupid daytrader wannabe emoji thread is hilarious and desperate pump & dump vibes! No peace deal here no news as Russia gets angry & moves further away from any peace deal. The move by Trump re Ukraine minerals has angered them. Suggest you read more than the Sun eh for real analysis and facts! IMHO DYOR

Look another short position opened and another has increased - strange how ii shorts feel super confident here whilst

retail mugs buy in. Do you think that’s because they calculated that the funding needed is so large the price of it will need to be in the teens here? Suggest you all give your heads a wobble take off the blinkers and see/understand what’s actually happening here! IMHO DYOR