Member Info for SYN00GOLD

I just sold another £21K of RR to lump in here. Now makes up 14% of my portfolio. I will keep adding in £5K batches if drops below 30p !! The gift that keeps giving. Sometimes in life, you just get a gift and WG are a GIFT !!!!!

I loaded up massively at 26.7p. Another Rolls Royce as I said many weeks ago 🎁🎁🎁🎀🎀

The only folks selling are Private Investors.......................

Brace yourself for the OFFER !!!!!!! 6.2 Billion order book and Shell etc continuing to place orders. No material impact.

Ennui...............🥱

Will we have news on Monday........................and then, which Monday !!

Remember this......................reminds me of speculation on here between Sidara and Wood CEO

General Melchett:

You look surprised, Blackadder.

Captain Blackadder:

I certainly am, sir. I didn't realise we had any battle plans.

General Melchett:

Well, of course we have! How else do you think the battles are directed?

Captain Blackadder:

Our battles are directed, sir?

General Melchett:

Well, of course they are, Blackadder, directed according to the Grand Plan.

Captain Blackadder:

Would that be the plan to continue with total slaughter until everyone's dead except Field Marshal Haig, Lady Haig and their tortoise, Alan?

General Melchett:

Great Scott! Even you know it!

Good post SWKme !

On 24 February 2025, Wood announced that it had received an approach from Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara") in relation to a possible cash offer for the entire issued and to be issued share capital of the Company.

Wood subsequently received a non-binding, CONDITIONAL PROPOSAL from Sidara related to a possible cash offer for the Company. Following this, Wood provided Sidara with access to due diligence information and entered into discussions with Sidara.

With the non-binding offer, the potential buyer submits a unilateral, non-binding offer to the seller, which in particular contains an initial purchase price indication.

In order to achieve these goals, a non-binding offer usually contains:​

1. Purchase price indication, which should clearly distinguish between enterprise value and equity value

2. As far as possible, a reconciliation of the enterprise value on the basis of key company figures already communicated (equity bridge)

3. Timetable for the further process

4. Information requirements for the due diligence

IMV : The proposal will have give an indicative offer price, based on facts found during the DD. So its just a matter of Deloitte review and already to get to this stage, I believe the major II's have all agreed to let the Board take this through to DD. Chance of offer now 80% . Only after the due diligence process has been successfully completed will Sidara then submit a BINDING offer if they still wish to acquire the company.

Great post earlier Talies. At work so difficult to read through a lot of dross on this BB.

My focus is this line from extension :

'Wood subsequently received a non-binding, conditional proposal from Sidara related to a possible cash offer for the Company'

Just waiting for the monster RNS now, me thinks deal is just picking up the quill and putting ink on paper 🎁🎀

FEED contract for the Speyside Hydrogen project

Agree Palladium, having conducted many DD's over the years for large pharmaceutical companies, this is all standard good practice.

We KNOW for certain that Sidara have offered an 'unknown' as yet price for the entire share capital and Wood Group have said = 'OK, seems reasonable offer, please have access to all our books, look under the bonnet, have a dig around, see the Deloitte's review etc etc

Guaranteed the offer will become clear and when it finally is released via RNS (this will rocket) 🎀🎁💵🚀🚀🎉🎉😊

Great posts JO and spot on : I picked up an additional top up on the bell this morning, another £7700 @ 38.311p

This is a goldmine !! This is the KEY part of RNS :

Wood subsequently received a non-binding, conditional proposal from Sidara related to a possible cash offer for the Company. Following this, Wood provided Sidara with access to due diligence information and entered into discussions with Sidara.

WE almost can definitely say a deal is going to materialize and bid posted over next few weeks. We can be sure its over £1. 🎁🎀🎉🚀😊🤔

Yes, at a far lower price = massive 50% reduction = minimum offer in the £1.15 to £1.50p region 😊

The big boys at Sidara want the deal done this time. Expect RNS stating extension, then formal bid offer by Thursday afternoon.

I’m 80% confident now formal offer will be tabled 👍🤔

Expecting sharp rise into close...................

25,000 shares at 41.668p.

Bargain long term irrespective of Sidara outcome !!! Munch munch munch 🎁🎀😊

.................then if positive on deal, instantly over £1.25. If falls through, suspect back to 30p range initially and then will steadily rise as news emerges of re-financing, pension surpluses, new deals, FCF +ve 2026 etc etc

Either way, I am fully in for the long haul, as I was with Rolls Royce, when I believed we had a not too dissimilar scenario.

This is a GOLDEN egg 🎁🎀😊 gift wrapped.

SWLC - fully agree, a great sign that Goldman Sachs reducing short position by over 1 million ref securities !! Very positive indicator !!

This is a share with massive opportunity for many reasons which I won't repeat again. Deal or no deal, this will steadily rise over time. 🎁😊. I believe Sidara are deadly serious and wish to conclude a purchase this time around.

I am not invested here for 45p or 50p targets. Yes I have trimmed over time but this is a golden opportunity.

HL will take 150,000 shares from me at 44.2p .............................I'll wait !! 😂🎁

Starting to appear possible .........................

44p breached ..........................🤔🎁🚀🚀🚀🚀🎉🎉🎉

HOOOOOOLLLLLLLLLLDDDDDDDDDDDDDDD the line !!!!

I am now of the opinion that a deal will be announced by the weekend, 75-25 % in favour 🎁🚀

............no material news