Member Info for Wiggly

Highly doubtful they will raise at anywhere near this level.

Bod has duty to protect shareholder so, if there is financial risk that cannot be overcome, they should be selling now. I hope major holders are pushing for this

Valuation absurd. Wood just announced a 2 year contract award at value of circa 70% of their market cap

Increases the value opportunity for private equity...

Bid incoming

I think they have no choice now but to sell.

We need to hear from the CEO ASAP.

Surely the most obvious forward strategy is to sell the business to the highest bidders?

The bod have a duty to protect shareholders and a RI here is not protecting.

They need to sell up ASAP

Even with all the financial headwinds, they should be able to fetch £600m from PE?

I hope the major holders are pushing for this

Net debt excluding leases is only $630m

Poker

They have laid out the exceptional costs impacting 2025 FCF and why 2026 is forecast to be positive.

Read the rns

Aimmaster

Petrofac was negative on ebit 2022, 2023 and 2024. Wood ebit is expanding by double digit and is positive annual £450-500m

Wood has temp cash flow issue which is actually minor vs asset value and forecast to be positive 2026

Who has bought all the stock? Must be more than PI money

Since the findings of the 'review' will not have a material impact, we should be back to +100p.

Some temporary pain at the moment for sure. Does Wood have potential to gain back lost value? Absolutely imo. Give it 3 years and all going well WG can easily be valued at +£2b mc. That's a 10 bagger from here

Wonder why they crashed the share price.........

Yes. Activist

Moving like shorts closing or news

- Profits increasing by double digits.

- Revenue increasing by double digits.

- Short-term cash flow issues due to exceptional, non-recurring costs.

- Cash flow positive by 2026 with specific details on pathway.

- No material impact from the review; no cash impact.

Reaction does not make any sense. It was heavily discounted while trading at 70p.

Ceo out.

Petrofac

2023

Business Performance EBIT: Loss of $393 million, compared to a loss of $229 million in 2022.

Reported EBIT: Loss of $418 million, deeper than the $236 million loss in 2022

2024

Business Performance EBIT: Loss of $106 million, widening from a $72 million loss in the first half of 2023.

Reported EBIT: Loss of $152 million, compared to a $79 million loss in the first half of 2023

Pfc ebita and ebit was negative

Check out PFD ebita and ebit 2023 and 2024

Nothing like WG