Member Info for Thedetector

Deal or no deal is going on is everyone's knowledge going forward.

I'm in for a deal.

Hi Office manager,

Great comment on my musings. Good for you, cos you have ,as I sense a good sense of humour as I hope I have.I have written positive posts many times relating to my various share investments over a few years.

I am just a realist and do not live with the fairies ( not saying that you do of course) .There is not much to write of positivity regarding WG at the moment.

I did post positivity in my damage limitation plan regarding a no deal outcome today.It is a positive plan for other investors to consider too as was my veiled intention to aid hurt investors.

As to you intimating that I could find negatives relating to if I won big on lotto.

My answer is yes, loads of em,I have a rather large extended family plus a couple of fistfuls of close mates and employees.

Oh dear there I go again.

As long as the saying isn't

" NE at the rusty oil rig and your almost there"

There is a small chance your idea Rob of sp up if no deal might appear like a Spoons mirage on a scorched beach in Brazil.

Usual scenario is if Billion dollar debt company buy outs fail with an sp pasting.

Reminds me of a shiny car someone was flogging on the end of our road in my car dealing period.

"the car's worth 2 grand all day long he chimed".

The car looked great alright but a knowledged under floor carriage inspection by one of my trusted employees returned a rusty unbuyable motor.

The car is still sat there 2 years later serving as a neighborhood landmark.

Go down the road turn left after the red Jag they say now.

All the Georgey to all.

Fingers crossed.

Everyone seems to be milling around the room talking of takeover and the arithmetic of a deal.There is a tall mirror in the corner of the room which has the reflection of a very large elephant.

The elephant is we end up with a no deal scenario and the ensuing whiff of ashed cash in the fireplace.What happens now will be the uttered wails.

As I mentioned before in a previous post I was in big with Wood Group when they were a great divi paying company.They did an Icarus by growing too big too fast thus like Icarus burning out.WG ,unlike Icarus have survived with only a serious scorching of over development syndrome.

I sold out immediately when WG entered negotiations to bolt on bent Amec Foster Wheeler, a mad step too far for a place to invest my hard earned.

If said suitor walks again as have done before when to put pen to paper is impossible what will happen and no white knight rides in.

WG bosses just seem good at burning cash they raise ,thus the debt time bomb swells.

WG can survive,maybe not on their own,this deal maybe crucial existentially going forward.

My guess a shareholder incinerating cash raising programme.The ultimate death of a thousand lashes for us shareholders.

I am only in now with a smallholding around 30p a pop .

I have prepared myself psychologically with a top up of my legal and General holding to get back any WG loss. Lgen growth and divi will soon mend any WG damage.

Something must be happening in the next 5 days.

The very best of luck to us all.

But be prepared...

This long wet string of a post by u icey is a rant and echoes of a losing wicket. You have been bowled out and not icey at all.

The rant is a bore , my bet is no one actually read till the end, including me.

Thats all for me on this now cos wifey wants me upstairs.

All the georgey to us all.

Only a mug with cash to burn would buy indebted Man utd. They are possibly facing serious sanctions or even forced relegation.

Wood group reported net debt for 2024 of circa $ 1.1billion. ok icey.

Is a billion in debt logic enough.

Seems I have been in this game a tad longer ,thus recognise the circumstances and evidence better .

Martys rns source is wg news above timed after closing.

I expect Sidara will want this wrapped up fast to not give any other offers time to come in with a counter.I hope a deal is done cos it looks bleak for us holders as we face wipeout with a fund raiser.

good luck.

I am not in huge here , I got rid of loads when Wood madly bolted on Amec Foster Wheeler.

There is a chance a counter offer could emerge.

Hope is the word here for me.

Edit,

Wood Group acquired in 2017.

No more on this diabolical WG decision.

All the best to all invested.

Ps I have bought a few today at good price,thank you Trump.

Keep it up and maybe might buy a few more.

I have also dipped in and got a chunk of LGEN .The LGEN dividend is great as long as it holds.

Best of luck to all in everywhere.

Hi rotsy,

Facts written are,

John Wood Group settled it's bribery case in June 2021. John Wood paid up 177 million dollars to settle charges in the US,UK and Brazil.

The settlement was part of a deferred prosecution agreement with the US department of justice and UK serious Fraud Office.

The bribery involved Amec Foster Wheeler a British firm that Wood Group aired in 2017.

In 2017 Wood Group share price started it's run down the pipe to the gutter.

They should have avoided them like buzzing wasp.They latched them on and got stung.

Pear for pair.

Got that wrong...

ATB

It all went pair for WG when they made the barmy decision to latch up with Amec Foster Wheeler in 2017, around 2017.

AFW was run by a bent idiotic mob who got caught up giving back hander bribes for contracts. WG got chained to them during fraud and corruption hearings,totally mad.

AFW payed up many millions to settle cases around the world including Brazil and Africa.

I dodged a bullet here cos I was in big when they used to pay a divi.

I got out when the first rns emerged of possible negotiation with AFW.

Phew.

👍

Welcome back nuri.We hope your hospital stays was helpful .

All that best

Happy New Year.

They will hedge their bets as gambling firms do to ensure balance in their risk exposure.

Indications suggest Aviva will have until Christmas Day to table a genuine on paper bid.

Is this correct.

There are many paths to victory,

We each choose our own.