||EPS - Basic
||Market Cap (m)
Weir Group Share Discussion Threads
Showing 1201 to 1220 of 1225 messages
|Over a slightly longer time frame (3 months or so) there's been some fairly serious short-closing going on and I wonder if we have a bit of a squeeze.
Disclosed short interest has fallen from over 11% on 24th October to just 6.5% currently (according to the Castellain Capital Short Tracker, which is fed by the FCA daily spreadsheet). This is the inverse of what happened over the previous 3 months (6.8% on 1st July up to 11.0% on 3rd Oct).
Given the trend since 1st July it appears in aggregate the shorters have thrown in the towel on the increased positions taken out in 3Q.
The good news for the longs is that there is still 6.5% (disclosed) positions to close, some of it held by those who have been closing through the last 3 months. The 2 citadel entities held 4.0% in aggregate on 18th November and despite sustained closing since are still holding 2.2% as of 10th January. Interesting to note that these 2 entities first popped above the 0.5% threshold (this time round) in July.
|Given the fall in sterling could it be that Mr Market sees Weir as a probable t/o target. Given its market leadership or 2nd position in its field I will stick my neck out and suggest a price of £30.00+ would be needed for a bid to be successful.|
|So why the sudden spike this morning?
Overall trend remains upward.
Think any takeover 'attacks' have gone as recent steady upward trend has made this a lot more expensive than any other time since last June.|
|I hope not. A great British company this which should remain so.|
|Very good year on year recovery, glad I ignored IC SELL advice a year ago, when even then I was in profit., I wonder if a nice American/Chinese gentleman will come calling?|
|WEIR Looking strong again. Looking to break out again.|
|Very nice recovery from £8 to £18. Back above the price I paid on 1 tranche now, but unfortunately some way to go to the £25 I paid for my other tranche.
Still, lots of short interest out there so still hoping we might get a squeeze at some point.|
Med to Long term share price target 2050p.|
|Potential reaction on The Weir Group (WEIR) to analysts' perspective in the company's stock
|It's really interesting that most of the RNS reports are from over the pond suggesting they see good value here. I suspect they are far more tuned into the oil rig count and pickup in this sector than we are over here.
It will be interesting to see what happens Monday with another rise in the rig count. The market reacted very positively last Monday.|
|there was a bid attempt in the past----when the dollar was weaker --- a bid now at around GBP 15 may well develop into a battle---and would cost the biddr less in USD terms|
|The June oil stock challenge is on! Deadline for entries is midnight on Tuesday 31 May. Good luck!!!
The April results are shown here
|Read Panmure Gordon & Co's note on WEIR GROUP, out this morning, by visiting hxxps://www.research-tree.com/company/GB0009465807
"Today’s trading update was all about being able to say “ahead of market expectations” and squeezing the bears. However, these are expectations that have been steadily falling throughout this year. Indeed, the company IR rushed out a new consensus only yesterday, which for H1/16 was down 3% from the consensus sent on April 11. The risk with this communication strategy is that at some stage the company will have to deliver against the recovery valuation of 20x 2016 consensus EPS ..."|
|Up 67p and 29p xd as well today.
All looking good for the next phase up|
|Chart breakout! this is going much higher from chartists point of view.|
Date Broker Recommendation Price Old target price New target price Notes
04 Mar Goldman Sachs Buy 1,065.50 1,350.00 1,350.00 Retains
26 Feb Deutsche Bank Buy 1,065.50 1,200.00 1,025.00 Retains|
|Spot on bookbroker.|
|The March oil stock challenge is on! Deadline for entries is midnight on Monday 29 Feb 2016. Good luck!!!
|Need these Arabs to basically realise that civil unrest in their countries is a given, they think they can continue to behave irresponsibly, they are as backward as they behave, if it was not for western tastes and the fact that we continue to play a role in the stability of their countries, they would already have imploded, it's time they come to their senses and start to understand that religion is not a weapon for political means!|
|Since the last set of results, at half year, this stock has declined nigh on 45%, clearly markets have become tougher since then and profits will have been impacted with little sign of improvement for some time to come, are these good value or do we continue to decline, that is the question!|