Wood Group (John) PLC (WG.) Final results

[Breelander]

AMEC was once a HYP pick. It them morphed into AMFW, which in turn was taken over by Wood Group (John) plc. For those of us who held on (Doris-like)....

The directors are proposing a final dividend in respect of the financial year ended 31 December 2018 of 23.7 cents per share. The final dividend will be paid on 16 May 2019 to shareholders who are on the register of members on 26 April 2019...

...Sterling dividends will be translated at the closing mid-point spot rate on 26 April 2019 as published in the Financial Times on 27 April 2019.

https://www.investegate.co.uk/wood-grou ... 00162271T/

[MDS1951]

Thanks for the sterling conversion date Bree - I had missed it on my skim down the results and hadn't had a second look.

Like Doris, I held on when AMFW went to join Wood Group.

MDS1951

[NorwichFool]

Another Doris here. I'm down about 45% on capital. Just holding and taking the dividends.
Sell/hold/buy? I've no idea

[Arborbridge]

Another Doris here. I'm down about 45% on capital. Just holding and taking the dividends.
Sell/hold/buy? I've no idea

Still held here in Mrs Arb's HYP. Well down - about 20%. Probably should be thinking of buying more.


Arb.

[Breelander]

Sterling conversion rate has now been declared. the UK Sterling amount of dividend payable on 16 May 2019 will be 18.3224 pence (£0.183224) per share.

viewtopic.php?f=94&t=16827&p=218459#p218459

[TUK020]

Another Doris here. I'm down about 45% on capital. Just holding and taking the dividends.
Sell/hold/buy? I've no idea

They have reached front page of the short tracker:
https://shorttracker.co.uk/companies/?sort=2&d=desc
with 8 funds shorting 7.7% of the stock

Carillion reached 15% before going tits up.

Above my arbitrary 5% limit for bailing out. Part of my 'sleep easy' strategy.
tuk020

[PinkDalek]

They have reached front page of the short tracker:
https://shorttracker.co.uk/companies/?sort=2&d=desc
with 8 funds shorting 7.7% of the stock

Carillion reached 15% before going tits up.

Above my arbitrary 5% limit for bailing out. Part of my 'sleep easy' strategy.

Presumably you weren't holding in October 2017 when the short % shows at 18% or in January 2019 at 8.72%.

[TUK020]

Presumably you weren't holding in October 2017 when the short % shows at 18% or in January 2019 at 8.72%.

No, I only started paying attention to the short tracker after the Carillion debacle.
I spent quite a lot of time trying to work out what leading indicators could have alerted me in advance.
The short tracker was the answer I came to. Not much of a track record to base a sell time strategy, but the best I could come up with.

[dspp]

Moderator Message:
Folks,

Programmed selling driven by short % is hardly HYP-P and judging by the number of alerts I am handling from your fellow Fools may I encourage you to go to another board to discuss this trading strategy.

Please use either : viewforum.php?f=31 or in the WG case use viewtopic.php?f=94&t=16827 .

Thank you for your co-operation. If you want to query this drop me a PM, politely.

dspp