WDS 0.00% $25.36 woodside energy group ltd

Potential For Takeover??, page-4

  1. 198 Posts.
    Peared back the company going forward without the mining business could make for interesting reading. The mining business sucks up capital, creates debt and overheads and whilst its not the right time to divest it - it should be looked at very closely as to what to do with it IMO.

    Fixing the contracting part of the business is a process of incremental changes. They should be able to do that - the dilemma from what I see based upon my review of the show is that the mining business should be jettisoned sooner rather than latter.

    Refocus and use free cash and borrowing headroom to look for acquisitions that make sense and create some new services for the sector that are in.
    Last edited by profitmann: 06/11/14
 
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