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Foster Wheeler AŞ Message Board

  • caspanimassimo caspanimassimo Oct 10, 2013 7:04 AM Flag

    lack of messages

    nobody is writing on this board. Why? is this stock no more interesting ? Where bbepper and b_hesford are with teir comments always interesting?

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    • billyo18 Oct 18, 2013 2:39 PM Flag

      This stock should at leat pay a dividend. It's only held by people like me, waiting for it to be bought by ABB or Siemens or some other engineering co that will pay a big multiple. HAL, SLB, where are you when you're needed???

      Sentiment: Hold

      • 2 Replies to billyo18
      • The news that UK firm AMEC is looking at FWLT does appear to put the company in play. I went long FWLT yesterday via ITM 25 strike calls expiring Jan 2015.

      • I have a note in my spreadsheet saying something about "watch for buyout" along with calcs using different premiums - don't remember when I did that, but must have read something about a BO at some point. I'm finally back to green after 3+ yrs of red in this stock (hit a 3 yr high today), half feeling like bailing on the opportunity to recover long lost cash, but surely as soon as I sell it a BO offer will come! Have had that happen twice over the last few years, almost made me cry from the lost profits. What to do, what to do....

    • Not much to say....looks like that Longview problem for the boiler group will become a bigger challenge.

      On the E&C side some press releases for some upfront studies etc which are always nice but do not have and real bookings .

      I think we will see a shortfall for both groups in bookings ...also revenues will continue to lag.

      We will get the normal drop in share price but as normal , even with the relatively bad news this share price will come back...there is a huge perception by Wall Street that anyone in LNG, upstream oil and gas will do great....not always the case.

      We will see I am correct...