585 days ago
Previously writing on 155p offer price July last year tip Wood Group (WG.), earlier this month with the shares at 200p we noted that, although the share price suggested that the market did not believe takeover proposals would succeed, it looked to us like the major shareholders were open to a deal and that anyway there looked medium term upside so continue to hold. Now there’s been a further announcement on the possible takeover from the group – and the shares are up to above 226p.
594 days ago
Writing on Wood Group (WG.) last month we noted a Takeover Panel extension until 5pm on 19th April including the group stating “following engagement with shareholders” suggested to us that the major shareholders are open to a deal. Now a ‘Final Proposal’ announcement from private equity bidder Apollo and a response from Wood Group.
614 days ago
Wood Group (WG.) has announced that it has requested and been granted an extension from the Takeover Panel until 5pm on 19th April for Apollo to announce a firm intention to make an offer or not.
3881 days ago
My last video postcard from Delphi starts with a morning trotting around the site of the ancient Delphi. I explain in the video what the pictures are of. Away from the main site and with my back to the Cochrane Mountain I recorded a few thoughts on the revelations coming out today about the late Sir Cyril Smith MP who was clearly a serial predatory paedophile.
That Smith was a nonce is bad enough. What is clear is that the entire political establishment knew and together with the Police not only ignored this but actively covered it up. This is not just an issue for Liberals like David Steel who nominated Smith for a knighthood. This is yet another example of the “one rule for them one for the plebs” attitude of the political classes.
The other parties knew about Smith. They did not blow the whistle because they had their own nonces. The media and political world knows the names. There are two that spring to mine both still living both awarded titles post retirement and both former senior cabinet minister (one Tory and one Labour).
Whether it be stealing from the taxpayer via expenses or buggering little boys the political class just seems to unite and get away with it. That is why the established parties are all held in increasing contempt. What the Smith affair shows about ALL the political parties is yet another Christmas come early gift for UKIP.
If Call Me Dave etc. want to start to reconnect with the plebs who pay their salaries an easy immediate step would be to order the security services to release all the files on the other paedo MPs and let prosecutions commence at once.
My financial video postcard also comes from Delphi and covers inter alia Globo, the UK economy and also the “recovery” here in Greece and it can be viewed HERE
The stadium at Delphi
