Member Info for SS17

I’m hoping so , will be happy within this range of £1-£1.50! Anything below will be distressed sale

Dyor

Appollo offered 240p then sidra 205p, what changed fundamentally since then? With the help of ChatGPT below anylais may give some direction; if Apollo or other private equity backed bidder comes then it could go anywhere form here between £2-£2.50 , as it stands Sidara may want to move quickly to close this at £1-£150 range ! Dyor

Breakdown of PotentialBreakdown of Potential Takeover Valuation Methods for Wood Group (WG)

To estimate a realistic takeover bid, we can assess valuation using different methods:

1. Market Capitalization + Premium Approach

Typical takeover premium ranges from 30%–70%, depending on competition and company fundamentals.; 70% premium: 64 per share

2. Enterprise Value (EV) / EBITDA Multiple Approach

• Current EV: ~£1.24B.

• Industry EV/EBITDA multiple: 6x–10x for engineering firms.

• WG’s 2024 EBITDA: Estimated ~$200M–$250M.

• Implied valuation range:

• 6x EBITDA: ~$1.2B (close to current EV).

• 8x EBITDA: ~$1.6B.

• 10x EBITDA: ~$2.0B (unlikely given current risks).

➡️ A buyer might bid closer to £1.2B–£1.5B (~70p–100p per share), but unlikely to reach Apollo’s £1.66B (240p per share).

3. Precedent Transaction Analysis

• Apollo’s 2023 offer: 240p per share (£1.66B total).

• Sidara’s 2024 offer: 205p per share (£1.56B total), later withdrawn.

• Given WG’s financial decline, a new bidder might offer 100p–150p per share, assuming some recovery potential.

➡️ Fair bid could be 120p–140p per share (~£1B–£1.2B total), unless the company’s outlook worsens further.

4. Sum-of-the-Parts (SOTP) Valuation

If WG sells key divisions separately:

• Consulting & Engineering business: ~£900M–£1B.

• Operations & Maintenance (O&M): ~£300M–£500M.

• Debt & liabilities adjustment: -£500M.

➡️ Estimated breakup value: ~£1B–£1.2B (120p–140p per share).

➡ Likely Bid Range: ~100p–150p per share (£1.0B–£1.2B total).

➡ Unlikely to reach Apollo’s 240p without major financial turnaround.

As of February 24, 2025, John Wood Group PLC (LSE: WG) is reportedly in renewed takeover discussions with UAE-based engineering firm Sidara. This development comes after a challenging period for Wood Group, marked by significant financial difficulties and previous failed acquisition attempts.

In August 2024, Sidara withdrew a £1.56 billion takeover bid, citing geopolitical risks and financial market uncertainties. This decision led to a sharp decline in Wood Group’s share price. 

The company’s financial struggles have been exacerbated by substantial write-offs and leadership upheavals. Notably, in November 2024, Wood Group announced an independent review by Deloitte to assess its accounting practices and governance, following nearly $1 billion in write-offs related to its exit from lump-sum turnkey and large-scale engineering, procurement, and construction projects. 

Despite these challenges, Wood Group has made strategic moves to stabilize its finances. In January 2025, the company completed the sale of its 51% stake in EthosEnergy to One Equity Partners, aiming to reduce debt and refocus on core operations.

The renewed takeover talks with Sidara suggest a potential shift in strategy for Wood Group as it seeks to navigate its ongoing financial and operational challenges.

Without US support Ukraine can’t stay in war much longer , since trump is already in discussion with Putin , Ukraine will have not much choice but to sit down and reach an agreement! It’s bette for their people! Zelwnsky is a puppet and hoped by EU not realising his country is being destroyed and people are dying ! You don’t fight a war which you know can never win ! Best so reach a peace deal as Trump trying to do

Looks like yesterday Wg bottomed , taken some position yesterday at 23p let’s see ! Btw I lost a lot on Pfc so hoping Wg will give this back soon so loss can be offset ! Once Same Wg was a take over target , won’t be surprised if new bid comes given its ultra low value now

Dyor

Seen this hype before , went to 40p+ then dropped to 2p! I got caught up last time , waiting to go 17p to get my money back ! Har stop trust these penny stock whether it’s hype or based on fundamentals

Dyor

Why Microsoft, Amazon, Google and Meta are betting on nuclear power?

If anyone here watched that video on CNBc , may have some positive impact on Rr share price ! Watch the space , my next target £8.50

Dyor

Going towards £3.50, good luck all LTH

Dyor

Made several comments here those LTh may recall and remember me in this board , holders of both Iag and Rr when they were below £1, said both are the best post Covid recovery stocks ! Rr already gone where it should be , yet to see new high , I think it’s time Iag to follow the same , my target £3.50 then move to £5 range ! Don’t miss the boat those are holding patiently …. Check my old comments for consistency , no bull…t!

Dyor

All looks good in line with market expectations ; cash flow £1.2b, debt going down, improved investment grade, increased flying hours 102% of pre pandemic level , what else market expecting ? One drawback is supply constraints which is not rR specific, it’s a wider problem.

Share price will settle and gradually go up and steady !

Hold for me

Dyor

Bp price drop overdone , still maintaining dividend level, generating profit despite challenging market conditions in the oil and gas sectors! I see opportunity to top up , hopefully will get back to £5.50 level soon.GS prediction oil price to stay above $70 n BP makes money even at above $30

Dyor

Nettles what’s your revised target ? Your £ 7 will be reaching soon , is it too optimistic to say £10+? I’m not selling until then

Thoughts ?

For oil a gas stock HBr is the top pick, alongside big player Bp, as it has good mix and now well diversified moving into ftse 100 soon.

I’m back ! Let’s see where it takes at least £5

Dyor

Expecting fireworks post Iag results as we have seen on US airlines ; it’s still undervalued , my target £3.50 at minimum

Dyor

Great to see nettles still here … I recall some of my fellow investors we have been through from as low as as 70p , many so called expert including JPm Perry did everything to make us believe Rr has no future!! Those who believed in the company and its business made good return , I’m still holding though took all my capital out ! I have said many times it’s one of the best post Covid recovery stock and new Tesla in the aerospace industry! Hats off to nettles who confidently predicted £7+ … looks like it’s going towards it! My target was £5, so am happy but not selling yet ! Good luck all LTH … take some profit out guys those bought at 70p range and treat yourself and family!! I’m still waiting Iag too follow and hit £3.50

Dyor

Brilliant sets of results again, debts down to .8b, profit guidance increased to 2.1b, dividend reinstating , revenue up …. What not to like ! I see it’s going £5.50 soon! Well done Mr Tufan and Rr team

Dyor

Game on! Looking £10 now target price in next 12 months !!dyor

Airbus (OTCPK:EADSF) is said to be in talks with Rolls-Royce (OTCPK:RYCEY) over using their new turbine engines to power its future line-up of narrow-body jets, noted a Wall Street Journal report on TuesdaY

https://seekingalpha.com/news/4127114-airbus-and-rolls-royce-in-talks-over-narrow-body-engines-for-future-a320-line-up?mailingid=36159656&messageid=2900&serial=36159656.37681&source=email_2900&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=36159656.37681

Does anyone have any insight what caused this spike ?

It’s worth over £2.50; wait for sentiment to change and income seeking funds and institutions start putting money into ftse 100, BT will be one of top choice as it’s paying regular dividends , it’s recent dividend hike will attract more investors

Dyor

Looking forward to tomorrow’s reports, market sentiment positive given Nvidia topped analysts estimates, hoping Rr do the same and SP move to £5+ post results

Good luck all LTH

Dyor