re: Ann: Change of Director's Interest No... i have bought back...

re: Ann: Change of Director's Interest No... i have bought back into these lately and one of few stocks i have bought in this market - strength whilst everything else was weak!!

i live in area of csg activity and what i hear from two of the people that work for Schlumberger is not encouraging! however the share price is too strong for that to be a serious problem for wds

what i hear is delays etc and prticularly qgc having lots of drilling problems ( and not just due to wet ) - it was wet in most of the csg area again about ten days ago, so that makes the share price performance even more impressive

if you look at the last numbers and do an ebitda multiple the valuation looks ok - as long as we do the same or a bit better in the next period