Member Info for Surin

With the cash flowing through the business it does not seem to me that servicing the debt is an issue. I dont see any indication of default...lending companies want a return; as long as that is forthcoming, and their capital is deemed safe over the term, why would they have an issue?

Appreciated

I am quite happy I sold BHP and Rio. My Rio sale went into WG. I dont regret because a) I sold rio higher b) I think there is a lot of volatility ahead in re configuring the trade relationships c) I think there will be recession d) I think there will be consolidation e) there will be acquistions by the cash rich of the cash poor...I may be completely wrong...but I think we are at the start.

I read back through some of my comments...I did/do not mean to be rude. When I reply I am replying to the board, when I comment I comment to the board. I try and avoid the unbalanced /unjustified empirically naive derampers. I also try and avoid ideology, although I may take on ideologically based analysis/assertions. Again I read your posts with interest.

Shorts were over 5% yesterday, now below 5%...I think MW may have reduced slightly

Luca, I understand also. I am not surprised accounts were imagined in a particular way in a particular section, for particular contracts (is this unusual in management accounting?)

Dingo, if Private equity is a possibility...good...Sidara have a competitor.

Go away Gazal...you have nothing to add here

Luca, yes. The source of WG competitive advantage is quite clear. That very source may have been responsible for the finance debacle...If you don't get it, it may take some time to explain.

Luca thats what I said...but under the guise of Strategic Human Resource Management

Judging by the recent demonstrations in the US, it seems to me that the US is only awaiting a `spark' to ignite the underlying conflicts and tensions. Engineering will continue....

Gazal...best of luck to you...beware of the `Chinese Peasants' and the `Pathetic Europeans' plenty has been said about others and more will be said...best of luck

Luca, I though about `assets'. If it the wood group held tangible assets, I could understand why some interests might want to acquire these assets on the cheap. WG is not that sort of company its assets are mostly intangible, and could, if not handled carefully, evaporate. The asset is the client trust/order/// Incrementally developing Organizational Capability/HR competitive advantage. This cycle, seems to me, is the attractiveness of the Wood Group since it underpins its continuing propensity to earn. How much is that worth?

China has been steadily reducing its holding of US treasuries since the first Trump administration. They now stand at US$759 billion, according to US Department of the Treasury figures

US and UK are dependant upon the Gulf states...

To repeat. Sidara could not have hoped for any better timing if they really, really, really want The Wood Group. MEA has no Tariffs, it is part of the BRICS, US and UK are defendant upon the Gulf states...

All this tariff talkk/geo-politics...whats it got to do with the Wood Group? I think the Wood group would be safer held outside the UK, in a country that the UK relies on, rather than being reliant upon it.

I should add. If Trump want Canada and Greenland. He is happy for Putin to take parts of Ukraine, Intimation of taking over Gaza...there is a land grab taking place...tariffs on China will not thwart Chinese ambitions in their felt sphere of influence/advancement of proximate (and non proximate) geo-political positioning

Micky, Given the ascendancy of China Hawks in the USA, I think there is greater chance China would take back Taiwan.

The EU has suspended its retaliatory 25% tariffs on US goods for 90 days after Donald Trump’s dramatic climbdown in his trade war.

"The president of the European Commission, Ursula von der Leyen, said the EU would put on hold for 90 days the countermeasures – 25% tariffs on €21bn (£18bn) of US goods – that it had agreed on Wednesday. “We want to give negotiations a chance,” she said. “If negotiations are not satisfactory, our countermeasures will kick in.”"