Member Info for TenBagTag

I’m just concerned the accounts will have a nasty surprise in them. The MMs knew the suspension was coming. Does someone somewhere know what’s lurking in the accounts? If we see institutional selling after the suspension if lifted be worried. Anyone with an average over 30p I’m praying for you

The accounts were late because the auditor rejected them. ask yourself why? Hence the shares are suspended. A takeover will depend on those same accounts. Any buyer may want new terms or pull out

And this doesn’t even account for the £100 million that’s evaporated. All in all, this is going to zero. Dyor

The proposed takeover by the Dubai conglomerate Sidara could fail altogether if Wood’s accounts are not signed off by November

I WONDER WHAT NASTY SURPRISES THE ACCOUNTS CONTAIN?? I’d be extremely worried by these terrible developments. These things will scupper any deal. Then wood group go into administration imo

Caveat Emptor

No news is good news

Friday fomo 🤩

And what of the accounts contain something the buyers aren’t aware of?

Don’t count your chickens

Caveat emptor

Wood has all the hall marks of a dodgy Enron type Nice of you to stick around. You are making an ass of yourself. Carry on

Let’s see how it works out for you ice. Dodgy wood group haven’t even released their accounts. The auditor obviously had an issue with them. Wood will go to zero. MATD will multibag. Zero debt. Massive scope to rise.

Btw you’ve made an ass of yourself here. It’s time to move on now

Suspended share 🚩

£1.2 billion debt 🚩

Poor management 🚩

Negative cashflow since 2017 🚩

I think Ice is getting MATD confused with wood group again

Silly billy

If transparency really bothered Ice fool, he wouldn’t have invested in wood group. WHO HAVENT EVEN PUBLISHED THEIR ACCOUNTS 👿

let’s see what skeletons are in the wood closet.

MATD will multiple bag. Either buy in or go away. Simples

The deal announcement noted that Wood has not generated any sustainable free cash flow since 2017, with a total free cash outflow from then to 2024 of approximately $1.5bn, "reflecting multiple issues including regulatory fines, significant loss-making contracts, restructuring charges and litigation payments".

Against this backdrop, Wood's board stated that the current capital structure of the group is unsustainable. When taking account of cash requirements, its current indebtedness is approximately $1.6bn, with liquidity to fund ongoing operations "currently limited".

The board also noted "significant challenges" in accessing new sources of capital, with proposed alternatives "likely generating materially less, and potentially zero, value for Wood shareholders" relative to the Sidara takeover.

Icefool: direct your question to management

But you aren’t genuine

Just another liar obsessed with the past

And masquerading here dishonestly under another ID

Sad

Ice cool said “this is going to 0.15p good luck losers”

Now he’s a “genuine investor” 😂

All within a few hours

I don’t think they realise people can see their posting history 😂

Log out then logged back in as doc. God they make it obvious 🥱

Now stockmaiden has been discredited it was obvious they’d have another ID waiting to pounce

Boring 🥱

Looks like stock had sold out of oracle. Down another 9% today.

I’m really concerned about the level of debt here. Now we are suspended. Hopefully it works out. Fingers crossed 🤞🏼

MATD are breaking even. No debt. Double or treble bopd potential before November. Try harder icefool

😂

Wood group with £1.1 billion in debt or debt free MATD. 🤷🏻‍♂️😂

If you think 0.25p is coming, short it. But no need to try and impress strangers here 😂

They have so many IDs waiting to strike. It can only mean one thing: good news is coming 🚀

And farm in discussions continue too

A catalyst that isn’t priced in at all

🚀🚀🚀