Thread regarding Weatherford International Ltd. layoffs

Reuters reports Chinese scrap metal dealer to Acquire Weatherford in multi million USD deal

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Post ID: @OP+FOM41L4

31 replies (most recent on top)

Too f'n funny. You guys made my day.

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Post ID: @6ekj+FOM41L4

Hey dude. I just tell it as it is.....

Got my last pay check yesterday and picked up some consulting work with a Venezuelan company .

Money ain't everything but it helps

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Post ID: @5jjh+FOM41L4

Nicky boy, can't believe you still post on this web site! Bunch of lazy, no good whiners (and wankers).....shame on you!

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Post ID: @4hua+FOM41L4

A Somalian registered company have bid for WFD. 300 USD paid over 20 years and WFD take the hit on thier 8 billion debt. The DOJ are reviewing this as its suspected to be pirates. How do WFD attract such high level buyers?? V

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Post ID: @4mjt+FOM41L4

Isn't the CFO in Weatherford a Nigerian????

That could explain the excellent Q4 results for the company

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Post ID: @4adl+FOM41L4

Yep you guys got scammed by those Nigerian crooks. The Venezuelans are coming now with borrowed Chinese money and socialist working ideas. Commie b*s

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Post ID: @4wpm+FOM41L4

D'oh! I guess the Nigerian was reading this thread where I changed the digit on my account number. Money is now all gone!

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Post ID: @4nxj+FOM41L4

The only way Venezuela can raise cash to buy Weatherford is to borrow it from China.

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Post ID: @3dxk+FOM41L4

You realize the Chinese only want the scrap metal. They don't need or want the employees. Pray for the Venezuelans because they might keep some of the personnel. Bonus is you don't need to buy new coveralls because they are already the right color.

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Post ID: @3nun+FOM41L4

I dont care who buys as long as somebody does and helps us grow the business and invests in us.

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Post ID: @3pst+FOM41L4

I thought there was the possibility of a scam so I changed the last digit on my account number from a 7 to a 3 so my money is still there.

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Post ID: @3fnq+FOM41L4

As it turns out the Nigerian bank who was interested in buying Weatherford did not exist and was a scam. Its now a two horserace between the Chinese and the Venezuelans.

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Post ID: @3qnr+FOM41L4

Oh dear - I just checked my bank account and it has been emptied.

What can I do now? I have lost my life's savings to this Nigerian scamming guy and now looks like weatherford will lay me off. Greed got the better of me and I lost! I should have bet on the Chinese scrap dealer

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Post ID: @3dww+FOM41L4

What was his name? I may have received a similar email to my company email address from a Nigerian ex Weatherford employee with a stinking rich uncle and after passing over my name and bank account details I am just waiting for a multi million USD deposit in my account so that I can help them make a formal bid.

It all seems rather informal but if I can help then so be it.

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Post ID: @3oiq+FOM41L4

I just got an email from a Nigerian bank telling me that if I could help them free up a frozen account of a deceased billionaire so that they can buy Weatherford, they would give me 15% of the stock! I think I'm in because Venezuela has no cash to buy Weatherford.

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Post ID: @3emm+FOM41L4

I work in finance and its been pretty much common knowledge over past week or so (for insiders) but its being kept under wraps to keep the share price and purchase price down until something is confirmed. If it were to be made public too early then the buyers will pull out.

Rumor is the Chinese scrap dealers have made a low ball offer and the Nigerians are still trying to raise the finance. Haven't heard anything about the Venezuelans........they don't look like they have the money right now

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Post ID: @2qud+FOM41L4

You said it right--rumors. If any of this is true why is nothing being published?

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Post ID: @2dmy+FOM41L4

These bids are not lies and I wish they were....we are in a dire state right now

another rumor circulating in the Houston office this morning is that the Venezuelan government are now in the bidding race to buy us - wow! They want to have their own service company and expand to other opec nations to cut out the high prices of halliburton and schlumberger. They are offering a deal based on bartering oil production

Nigerian banks, chinese scrap dealers or a communist Venezuela - oh my god what a future we have!

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Post ID: @2kdf+FOM41L4

All lies. Please stop being naive and falling for this b.s.

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Post ID: @2nkv+FOM41L4

How reliable is a Nigerian bank likely to be with such a low oil price and the country struggling to cover its budget? Not any good options here but if I have to choose between these two devils then It's the Chinese scrap dealers for me - probably best chance of keeping my job!

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Post ID: @2sug+FOM41L4

The Nigerians were here last week looking around our Texas bases and asking what we thought of the company and what we think of it as a place to work. That's was really weird to have those guys asking our employees these questions. If our bosses want to sell the company they need to be more discreet about it and not let everybody know to try and get a higher price. My preference is with the Chinese scrap dealers as they seemed more friendly.

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Post ID: @2wkd+FOM41L4

another leak this morning saying that a Nigerian bank is also bidding for Weatherford against the Chinese scrap dealer bid.....good to see some competition

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Post ID: @2bre+FOM41L4

Good to know because i aint working for no chinese scrap dealer

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Post ID: @1sem+FOM41L4

Bull shit Wft will file bankruptcy and continue to operate. They have lots of options. Selling for scrap is not one of them. That would not even be enough to pay executive bonuses.

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Post ID: @1gsd+FOM41L4

and what will happen to the employees with this buy out??? we won't have jobs if they scrap our equipment. I hope this does not go ahead

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Post ID: @1mkf+FOM41L4

Because all those red assets are only worth their scrap value in this downturn so they want to buy us and melt down all our equipment and sell it

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Post ID: @1ody+FOM41L4

Reckon the Chinese overpaid for the scrap.

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Post ID: @1mrd+FOM41L4

Because they want to add scrap on their current scrap

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Post ID: @1hwh+FOM41L4

No Reuters reports you dumbass retarded f---

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Post ID: @zbo+FOM41L4

Why would a scrap dealer in China buy Weatherford in the middle of a slump??? Doesn't make sense to me

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Post ID: @efy+FOM41L4

Yep a group of Chinese were in our Houston office last week but will they be put off by the cheating of our Q4 results?

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Post ID: @fgf+FOM41L4

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