Wood Group (John) Live Discussion

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give the dog a bone 05 Nov 2015

massive slump ... yet no reasons why SP is down 9% in trading today. cant be true or has there been some insider dealing ?

II Editor 06 Sep 2015

NEW ARTICLE: Trends and Targets for 7/09/2015 " WOOD GROUP PLC (LSE:WG.) starts our Oil Equipment, Services & Distribution Sector week. We last looked at it back in 2014 and postulated a bottom of 620p. Unfortunately the price not only reached such a level but broke below rather ..."[link]

lewistr 25 Aug 2015

Re-Hello Anyone in.

Omaha man 06 Aug 2015

Re: Great visual report on John Wood Gro... Technically the last rally failed at the 30 day moving average which also gives me comfort.

Omaha man 06 Aug 2015

Re: Great visual report on John Wood Group I have been short for a couple of weeks - just breaking even at the moment but happy with prospects. I don't see there being anything but bad news for the oil sector for the next twelve months and though Wood's longer term contracts will shield them from much of the pain the producing companies will feel, I still expect it to revisit the lows of the 520's it saw at the beginning of the year.Wouldn't expect there to be any takeover activity in the sector until players can see the prospect of things beginning to improve - which as I said I don't expect for a year minimum.

give the dog a bone 04 Aug 2015

Re: Great visual report on John Wood Group ... depends on oil recovering but good contracts to service rigs already there. overdue to be taken over at say £9. gl

mcescher 29 Jul 2015

Great visual report on John Wood Group With a PE of 14.4x, what are peoples opinions on whether WG. is good value? I've been researching on here [link]

Hawk Eye32 22 Feb 2015

Re: Wood Group Mustang We are all guilty of holding too long, we think there more to come why didn't,we sell 4/5 months ago when they were £8.30. Because we thought they were going to go to£9.00 that is common mistake with almost all investors. Let's hope they will return to £8.30 soon.

Madridloose 22 Feb 2015

Wood Group Mustang Wood Group Mustang has just been awarded a massive 5 year Offshore PMC contract in Saudi Arabia that really puts the company in a prime position in the field of engineering.It is clear that even with the drop in oil price the group still manage to offer growth potential and I believe this share will soon be back to the 730p level it reached briefly after the recent excellent trading statement.I hope I can then continue my trading on the highs and lows around this level and really regret not selling last week where I was greedy and thought the price would climb even higher than it did.

II Editor 18 Feb 2015

NEW ARTICLE: Huge oil services rally predicted "Despite a promising year, LSE:WG.:Wood Group has become the second oil services provider after LSE:HTG:Hunting to admit it could not give guidance for the year ahead in its full-year results. Wood and its peers have been smashed in recent months ..."[link]

Madridloose 20 Jan 2015

Recovery ??? I am so relieved to see this starting tom climb again. Maybe today's rise is driven by the good news from Petrofac who have just been awarded another huge contract in Kuwait..Their Mustang engineering division is doing quite well and certainly they are busy in Saudi Arabia so hopefully with a little more positive feeling, this will get back to the 620p range quite soon nand I can relax and continue with my "day" trading !!!!Fingers crossed for this rally to continue.

give the dog a bone 05 Jan 2015

Re: Wrong Again !! with you 100% .... this share is destined to slip further. I'm watching BHI in the states and they're going thru the same falls despite being courted by Haliburton. there is a total disconnect between value and price - WG. seem to be working flat out securing contracts and doing their business. The market sees none of this as it is focussed on sex-iness of technology and short termism. So it takes big cahones to stay aloof . at this price would I be buying into WG. ? Yes ,in a heartbeat.

Madridloose 05 Jan 2015

Wrong Again !! I cannot understand why another almost 5% drop again today. This share is up and down from the 618 to 585 level so brilliant for trading if only it was within my range.When I bought back in at 620 I really thought this would drift upto the 635 level and would offer great trading opportunities until the oil price firmed up a little more and it went back up to the 700 level it was at.It must be my bad luck, when I buy it goes down and when I sell it goes up !!!

Madridloose 05 Jan 2015

New Executive Vice President of Wood Group Mustang Steve Knowles will retire on 1st April 2015 and Michele McNichol, currently Executive Vice President of Wood Group Mustang, will take over as the company's next Chief Executive Officer (CEO). Not sure how this will affect the companies business but Deutsche Bank has today reiterated it's Buy Recommendation on John Wood Group PLC and Mustang are a key piece of that group.I bought my first batch in October at £6.90 and then looked on in dismay as the oil price tumbled and along with it this share. I bought more at £5.70 which I sold at £6.28 and bought back again at £6.20 so believe this share has a lot of potential and will quite soon return to the £7.00 levels it was at in September/October.

Omaha man 19 Dec 2014

Re: Why did you do it Bob??? In other words they were buyers at £8. Reliable guide then aren't they; probably turn sellers once it hits £5.

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