Member Info for Surin

Stew there you go again ".....share price is going to take off tomorrow...". I will wait and see, oh and a $11m order is not that significant for. Its desirable, but i dont thing sufficient to shift the shenanigans on the sp. Have you looked up modal verbs

Stew, your comment adds nothing...

...careful in use of modal verbs. If you dont know what a modal verb is...look it up

Stew 'will be' ...thats 100% certainty... A. how do you know? B. I presume you will put all you have into this 'no-brainer' inevitability.

Oh dear...nothing but bickering. Everything out of our hands. What we know is Sidara remain interested, bod willing to recommend a low ball offer. What we dont know is will II's accept, will debtors pull in loans, can wood re-finance, will another bidder enter the fray, what extent is the damage identified by deloitte.

Anything i have missed. I have offered no opinions.

Good for WG to get out of GB, after all UK doesn't trust nor believe in `experts'...

Green boxes and the filtered mean nothing to me...they have had no balance, I presume they continue to have no balance. That is not to say that KG and BOD have not been dishonest...

WG is a `going concern' with a substantial order book and cash flow. It is respected as one of the world leading engineering companies in its field. It seems, in one of the divisions, in a limited number of projects, there have been management accounting issues that have been fudged/disguised/subject to `creative accounting'. How significant an impact this has depends on whether lenders want to pull the plug in form of receivership (which I dont think would make sense since they are getting paid from woods substantial cash flows), or ensure safety from Sidara offer. Sidara have been clever in this to get Wood on the cheap. What II's do or other firms in the field of competition do remains to be seen. Too many variables/unknowns for anybody with any modicum of sense to make a prediction. The business is attractive, otherwise Sidara would not be sniffing so closely and testing waters...

Luca. I thought easter was a Pagan festival...or is that being 'woke', in the strictest terms of the meaning if the word :)

Targa were people falsifying accounts...thats fraud..i should contact the police...Aberdeen police, i am sure, would be especially interested

Suspension is not a bad thing eg stops speculation, gives time for an additional suitor to emerge, and if sidara wait until we see the published accounts we can see the extent of the crisis apparently facing wood...etc

Wood is a thriving doing concern, they have orders, they have money, they have debt (like all thriving businesss do). Some segment of the business has destabilized it, the business needs to steady ship and carry on.

Funds ready and waiting coming into April 30, will evaluate and look at II trades in the round before making decision. I believe, if anybody know what it happening it will be at least the top five holders...but hey, maybe there is not as much insider/network exchange of publicly unavailable info as I think ...I would be very surprised...

Filter sham, and anybody else you think fails to add to your continuing evaluation in a balanced way.

Longfell, I think, the projects division has cooked the books on a few very large projects...under the leadership of KG and his cronies...

$6.2bn order book Mkt cap £138.18m...Going forward a 10% profit on order book would be dandy...

`The Market' constantly gets it wrong...over priced, under priced etc. ...it is sentiment driven. The wood group is a business that has a lot going for it, other businesses may see avery bright future with wood under their belt. Of course, the will try and acquire as cheaply as possible, but they have to avoid risk of rejection and possibility of counter bids.

One researches, thinks, evaluates and comes to a conclusion. I think an opportunity like the Wood group, at these prices, is a rare opportunity.

The hedgie shorters will leave by 30th april, in 8 trading days...

Dyor, I think there another suitor emerging is a good possibilty