Member Info for YorkshireBlues

Sharebel is given way too much airtime on this board. Ignore him and he'll eventually get bored and go annoy someone else.

*they are

Wharris, read what Jenas has written again. He's saying they in talks.

P119, that's exactly my thinking too.

Uncertainty and profit taking were factors for the fall today but I think the biggest reason was due to the relegation from the FTSE 250. As mentioned below some IIs are unable to invest in stocks outside of the FTSE 100/250 and we're forced to sell their holdings.

Nothing has changed from a few days ago. Sidara and WG are still negotiating the takeover and talks will probably go in to the weekend if there is a probability of a deal being struck before the deadline. Ramadan and/or the weekend won't prevent this as some have have suggested.

Either way we'll receive some type of news on Monday.

For all those who are panicking at the prospect of an extension...

An extension is usually granted at the behest of the BoD in circumstances where it's likely a deal can be finalised.

An extension means they're still negotiating and the negotiations have been constructive enough to warrant more time.

If we get an extension it's a good thing. The SP is falling due to uncertainty. Markets hate uncertainty and until we get news of a deal/no deal or an extension there will be downward pressure. Positive thing is we only have 1 more trading day to wait for news. As the RNS on the 24th stated HOLD your shares. That's the advice given to you by Wood Group itself.

An extension is usually granted in circumstances where it's likely a deal can be finalised.

An extension means they're still negotiating and the negotiations have been constructive enough to warrant more time.

SP will probably rise further or stay static.

Joekool, apologies. You're quite right

50p?

What an idiot

Sharebel doesn't bother me too much and if I'm honest some (a very small part) of what he says does occasionally hold credence. It's the other individuals who use subterfuge and pretend to be invested but list every possible negative to trash the company that are annoying. If someone is short at least have the b***s to admit to it without attempting to use deception to spread FUD. I say attempt because no matter how hard these people try its blindingly obvious what they're attempting to do.

Kijau the SP is back in the 40s. You were kicking yourself for not selling last time so I hope you have learnt your lesson this time.

Kijahu, it's simple either sell or don't invest.

If there are delays it probably wont be due to the report. After all the 14th Feb RNS stated that significant work had already been undertaken and based on that...

'The Company does not expect that the findings of the Review will have a material impact on the Group's cash position or its ability to generate cash in the future.'

Haha understood

Denzil, to be clear were you referring to the ones one shorttracker?

That would be great news. I suppose we'll find out tomorrow COP.

News of bid 80 - 100p

Evan, what are you suggesting? That both Sidara and WG have publicly announced an approach has been made and received respectively and they have just been sitting idly by for the last 3 weeks? Don't be ridiculous. Of course they are engaging with each other.

Evan, you're right the RNS doesn't explicitly mention they are in talks but it's safe to assume they are in negotiations with one another regarding the takeover.

Do a search for RNS Number : 2547Y.

Evan, you're previous posts make a lot more sense now. Yes, it's been confirmed by both WG and Sidara they are in talks with each other regarding a possible takeover.