Weir Share Discussion Threads

[tratante] 01/10/2012 16:35

this time?

[tratante] 25/9/2012 21:40

Telegraph's take on the rumour



and Bloomberg



reading between the lines suggests a bid is further out than rumours imply

[sponges] 25/9/2012 20:53

thanks for thoughts folks

[ddinksdadd] 25/9/2012 20:42

North of £30 would get my interest

[tratante] 25/9/2012 18:20

Think it would need to be well above £25. If (big if) there were a bid I would imagine that their might be interest from more than one party. Like you APAD it's not my favourite option.

[sponges] 25/9/2012 17:11

hope it does shake em apad at least share might get back to the 20 mark again !- just out of interest would anyone know what would be a reasonable take out price if bid became reality ?

[apad] 25/9/2012 17:06

That'll shake the shorters tree.
Hope it isn't true - lost too many good companies that way.
apad

[broadwood] 25/9/2012 17:02

Weir is leading the risers on the back of speculation that GE, which yesterday said it was keeping an eye out for potential acquisitions, might be about to make a bid for the engineering giant

[sponges] 25/9/2012 16:41

Hi all - just seen on lse website that apparently GE could "might be about to make a bid for the engineering giant" -
cheers
sponges

[broadwood] 25/9/2012 15:16

Flying today. Better shale news?

[tratante] 25/9/2012 15:15

shares on loan falling now, and share price looks strong. Could see a strong push towards £20.

[apad] 24/9/2012 18:53

Shares on loan rising again!
apad

[tratante] 20/9/2012 14:20

There was some talk earlier in the year, but nothing came of it and it was talked down by CEO in a recent interview. Not heard anything more recently.

[cockneyrebel] 20/9/2012 07:56

Any news? quite a few market order buys on the book pre-open.

Could these be a bid target at all? Strong rise lately on decent volume.

CR

[cockneyrebel] 19/9/2012 15:04

WEIR-tastic :-)

CR

[tratante] 19/9/2012 09:06

news from Weir company:

[cockneyrebel] 18/9/2012 12:33

Only giving 1% back here, strong demand imo.

CR

[tratante] 14/9/2012 12:30

Greek , think more to this than following FTSE. There are still 19% of shares on loan. Even assuming they shorted as high as 2200, the gap is narrowing and their profit is ebbing away. The squeeze will push this higher.

[greek islander] 14/9/2012 09:31

I think that the market will inevitably retreat after its great start today. The impact of yesterdays American rises will wear off - this always happens after the US indexes have surged. Weir will undoubtedly fall back in line with the FTSE.
However, long to medium term I fully agree with others above. I can see Weir advancing well above £20 soon.

[tratante] 14/9/2012 09:04

looking poised for take off!!

[cockneyrebel] 14/9/2012 09:01

Yes Phil :-)

Look at that bowl and the breakout here today - £20 the next resistance imo :-)

CR

[tratante] 14/9/2012 08:33

Phil - at the risk of mixing metaphores, let's hold the doors open as they limp towards the exits!

[tratante] 13/9/2012 09:55

APAD - She has deeper pockets than me and I suspect you, so don't care if she is behind the curve, so long as she is on our side!

[apad] 12/9/2012 17:05

Thanks Phil,
Good company is Guest, Keen & Nettlefolds (I used to know one of their chief economists when the company's decision making came from a gin fuelled boardroom) now, but I no longer own big, widely spread engineers as they tend to move with the economy and are limited by a necessary bureaucracy (although they are relatively safe when times are harsh).
I start by looking at a company's focus, from an engineering viewpoint. It could be a group if it runs individual companies as entities and has a theme (e.g. HLMA). If they have impressive technology that others would envy (e.g. RSW), then I look at the financials.
apad