Weir Share Discussion Threads

[apad] 02/10/2012 07:56

But the Tintins don't agree:

FLASH: Credit Suisse downgrades Weir Group from outperform to neutral, target price reduced from 1850p to 1700p

apad

[apad] 01/10/2012 18:10

The 50ema seems to be determinedly heading for the 200ema.
Surely this trend must be causing the shorters some concern, but there is still loads of stock on loan.
Fascinating.
apad

[phil140158] 01/10/2012 16:01

tratante - if it follows the usual pattern - a short for tomorrow is in order!

[tratante] 01/10/2012 15:35

this time?

[tratante] 25/9/2012 20:40

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 19:53

thanks for thoughts folks

[ddinksdadd] 25/9/2012 19:42

North of £30 would get my interest

[tratante] 25/9/2012 17:20

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 16:11

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 16:06

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

[broadwood] 25/9/2012 16:02

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 15:41

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 14:16

Flying today. Better shale news?

[tratante] 25/9/2012 14:15

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

[apad] 24/9/2012 17:53

Shares on loan rising again!
apad

[tratante] 20/9/2012 13:20

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 06:56

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 14:04

WEIR-tastic :-)

CR

[tratante] 19/9/2012 08:06

news from Weir company:

[cockneyrebel] 18/9/2012 11:33

Only giving 1% back here, strong demand imo.

CR

[tratante] 14/9/2012 11:30

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 08:31

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 08:04

looking poised for take off!!

[cockneyrebel] 14/9/2012 08:01

Yes Phil :-)

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

CR

[tratante] 14/9/2012 07:33

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