{"id":5437,"date":"2025-02-18T05:34:37","date_gmt":"2025-02-18T05:34:37","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=5437"},"modified":"2025-02-24T15:20:51","modified_gmt":"2025-02-24T15:20:51","slug":"barratt-redrow-plc-plc-lsebtrw-2","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2025\/02\/18\/barratt-redrow-plc-plc-lsebtrw-2\/","title":{"rendered":"Wood Group Plc\u00a0 (LSE:WG.)"},"content":{"rendered":"<p><b><span style=\"color: #000080; font-family: arial;\">Sorry. Accidentally over-wrote this.\u00a0<\/span><span style=\"color: #000080; font-family: arial; font-size: medium;\"> \u00a0<\/span><\/b>In a bit of a showstopper analysis, back in 2023 we provided a report on Wood Group which proposed criteria where the share price could sink to an eventual &#8220;<i>ridiculous 37p!<\/i>&#8220;. At the time, the share price was trading above 2 quid, our analysis revolving around chatroom and headline clickbait articles which pretended Wood Group share price was cheap. Our point, basically, was to illustrate there is no such thing as a &#8220;cheap&#8221; share, because in March 2023 we could identify 38p as an ultimate bottom, a share price target below anything we can calculate.<\/p>\n<p>Obviously, nearly two years later, times have changed and, despite Wood Group tanking, the big discussion now relates once again to Wood being cheap as it&#8217;s apparently safe to regard it as at bottom and thus, unlikely to drop further. Amazingly, there&#8217;s a chance they may even be right! When we review share price movements since March 2023, it now appears &#8220;ultimate bottom&#8221; is at 20p. By reaching 21p the other day, there&#8217;s a reasonable probability this shall be deemed close enough to bottom, ideally capable of generating a bounce anytime now. While movements this year currently indicate a price target below 20p is available, we&#8217;re far from comfortable proposing 11p as the new ultimate bottom.<\/p>\n<p>&nbsp;<\/p>\n<p>If any bounce makes an effort to appear viable, movement above 40p has the potential to becoming interesting, calculating with a rising hope of a visit to an initial 59p with our secondary, if beaten, working out at 81p. This Big Picture secondary is quite a big deal, dumping the share price in a zone where a future 123p can be viewed as viable eventually.<\/p>\n<p>Certainly, it&#8217;s interesting times for this oil and gas engineering monster with the next few weeks capable of showing direction.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/wg190225.jpg\" width=\"608\" height=\"385\" border=\"0\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>FUTURES<\/p>\n<hr \/>\n<p>FUTURES<\/p>\n<table border=\"2\">\n<tbody>\n<tr>\n<td align=\"center\"><span style=\"font-size: small;\">Time Issued<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Market<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Price At Issue<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Short Entry<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Fast Exit<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Slow Exit<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Stop<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Long Entry<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Fast Exit<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Slow Exit<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Stop<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Prior<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"center\"><span style=\"font-size: small;\">10:02:45PM<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">BRENT<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">7560.2<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">7470<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">7435<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">7391<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">7523<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">7586<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">7647<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">7733<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">7548<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">&#8216;cess<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"center\"><span style=\"font-size: small;\">10:12:25PM<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">GOLD<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">2934.69<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">2907<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">2898<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">2885<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">2919<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">2938<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">2944<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">2966<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">2908<\/span><\/td>\n<td align=\"center\"><\/td>\n<\/tr>\n<tr>\n<td align=\"center\"><span style=\"font-size: small;\">10:15:38PM<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">FTSE<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">8761.2<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">8758<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">8748<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">8734<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">8780<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">8790<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">8796<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">8827<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">8770<\/span><\/td>\n<td align=\"center\"><\/td>\n<\/tr>\n<tr>\n<td align=\"center\"><span style=\"font-size: small;\">10:19:32PM<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">STOX50<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">5530.6<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">5507<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">5494<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">5477<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">5527<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">5545<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">5597<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">5731<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">5510<\/span><\/td>\n<td align=\"center\"><\/td>\n<\/tr>\n<tr>\n<td align=\"center\"><span style=\"font-size: small;\">10:23:21PM<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">GERMANY<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22858.2<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22716<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22674<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22604<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22798<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22885<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22932<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">23004<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22840<\/span><\/td>\n<td align=\"center\"><\/td>\n<\/tr>\n<tr>\n<td align=\"center\"><span style=\"font-size: small;\">10:31:25PM<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">US500<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">6126.1<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">6100<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">6086<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">6068<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">6125<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">6140<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">6151<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">6204<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">6110<\/span><\/td>\n<td align=\"center\"><\/td>\n<\/tr>\n<tr>\n<td align=\"center\"><span style=\"font-size: small;\">10:35:16PM<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">DOW<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">44542.7<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">44315<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">44296<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">44139<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">44472<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">44577<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">44668<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">44786<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">44491<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Success<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"center\"><span style=\"font-size: small;\">10:38:19PM<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">NASDAQ<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22145.2<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22025<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">21970<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">21880<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22137<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22241<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22340<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22444<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">22131<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">Success<\/span><\/td>\n<\/tr>\n<tr>\n<td align=\"center\"><span style=\"font-size: small;\">10:41:14PM<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">JAPAN<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">39330<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">39130<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">38996<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">38823<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">39251<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">39515<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">39745<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">40236<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">39294<\/span><\/td>\n<td align=\"center\"><span style=\"font-size: small;\">&#8216;cess<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h5>18\/02\/2025 FTSE Closed at 8766 points. Change of -0.02%. Total value traded through LSE was: \u00a3 4,781,200,025 a change of -0.7%<\/h5>\n<h5>17\/02\/2025 FTSE Closed at 8768 points. Change of 0.41%. Total value traded through LSE was: \u00a3 4,815,003,376 a change of -19.37%<\/h5>\n<h5>14\/02\/2025 FTSE Closed at 8732 points. Change of -0.37%. Total value traded through LSE was: \u00a3 5,971,374,028 a change of -3.83%<\/h5>\n<h5>13\/02\/2025 FTSE Closed at 8764 points. Change of -0.49%. Total value traded through LSE was: \u00a3 6,209,371,407 a change of -0.52%<\/h5>\n<h5>12\/02\/2025 FTSE Closed at 8807 points. Change of 0.34%. Total value traded through LSE was: \u00a3 6,241,531,008 a change of 5.5%<\/h5>\n<h5>11\/02\/2025 FTSE Closed at 8777 points. Change of 0.11%. Total value traded through LSE was: \u00a3 5,916,306,035 a change of -5.17%<\/h5>\n<h5>10\/02\/2025 FTSE Closed at 8767 points. Change of 0.77%. Total value traded through LSE was: \u00a3 6,238,714,385 a change of -19.63%<\/h5>\n","protected":false},"excerpt":{"rendered":"<p>Sorry. Accidentally over-wrote this.\u00a0 \u00a0In a bit of a showstopper analysis, back in 2023 we provided a report on Wood Group which proposed criteria where the share price could sink to an eventual &#8220;ridiculous 37p!&#8220;. At the time, the share price was trading above 2 quid, our analysis revolving around chatroom and headline clickbait articles &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2025\/02\/18\/barratt-redrow-plc-plc-lsebtrw-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wood Group Plc\u00a0 (LSE:WG.)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5437","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=5437"}],"version-history":[{"count":3,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5437\/revisions"}],"predecessor-version":[{"id":5447,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5437\/revisions\/5447"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=5437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=5437"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=5437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}