Member Info for Surin

Search says KG appointed 1st July 2022, then, I think he appointed `his team'. FCA investigation for two year period, after we assume 6 months of KG getting his legs under the table and appointing his team. Not looking good for Senior Management...

The joint request to the Takeover Panel, which is expected to be granted, is likely to involve a shorter extension than the maximum 28 days allowed under City rules, reflecting the companies' confidence that a deal will be agreed.

https://news.sky.com/story/wood-group-races-to-finalise-sidara-deal-by-end-of-june-13381526

Stup, sorry for the spelling. Just let it be...WG are doing fine notwithstanding a 5% increase of net profit on 'sales'...

Stum...continue guessing...

I heard the 'trolls', and i heard you Robert...both parties full of unconvincing assertions. Lets see what happens...

Stumpy, until the accounts (and del. report) are published, and we have trust in past, current and projected accounts we can only assume. Having said that, be thankful that institutional shareholding is large, but, more importantly, distributed...

Jolly, seems to me that wg IS an excellent business, otherwise there would not be suitors or customers.

The agm will decide/intimate the instis direction

Scenarios over a £/$ 250m cash flow shortflow,

WG instis, in conjunction with lenders will take company over

Sidara will buy out

WG gets cash flow funding and instis regain their investments

add scenarios

(no questions:)

JO, stop it...your posts make me think, as do others

Ultimately, I make my own assessment...I commiserate/celebrate my own losses/gains, I do not celebrate others' losses...I only find interesting how `money'/`money networks' work...

No just Goodnight...sleep well...all good honest stuff...

Goodnight...

Qed

Indeed...

Nothing wrong with asking questions to others' assertions...yep`let it play out'; but if you will assert I will question...is that inconsistent?

£/$250 cash shortfall for a company with £/$6.3/5.0bn orderbook, doesn't seem much to me. Historic turnover and continuing incoming orders seem adequate to me, actually given covid etc ...not bad.

WG merely need long term supportive lenders.

...are the lender going to suddenly to pull the plug...

I dont get that impression from the behaviour of the biggest of Institutional Investors who hold majority of WG

JO, any indication that WG is unable to service its debt (other that $/£250 cash shortfall last reported)?

Ice, You will get your opportunity to vote. I reckon WG will cease trading as an entity in-itself.

JO cash injection not required, I agree 35p minimum, but worth much more, and more to come.

JamesOxford sound like a Second year naive BA Business Student analysis