Weir Share Discussion Threads

[peawacks] 06/5/2014 15:08

HOUSTON (May 6, 2014) - Weir Oil & Gas and the Rolls-Royce Power Systems
company MTU announced they have signed an agreement to develop power
systems specifically engineered for hydraulic fracturing. Weir is the
leading manufacturer of hydraulic fracturing pumps, and MTU is a market
leader in heavy-duty industrial diesel engines.



The system will be used for hydraulic fracking operations during the
well completion stage of shale oil and gas projects.

[peawacks] 30/4/2014 18:06

Like it or not, the lust for fracking equipment worldwide will take this higher & higher in the next few years. World class company !

[1gw] 30/4/2014 15:50

Looks like a heck of a chart pattern to me. A good IMS tomorrow followed by short-closing and this could go a lot further. But hope they don't spook the market with the likely impact of forex hits and that they haven't taken their eye off the ball while they were chasing Metso.

[peawacks] 30/4/2014 15:29

Not blue, but a good effort !

[peawacks] 30/4/2014 08:53

Yes, this will be blue by end the day !

[1gw] 30/4/2014 07:46

which explains half of this morning's fall. Maybe a bit of profit-taking ahead of tomorrow's IMS accounts for the rest. A good IMS tomorrow could leave the remaining shorts feeling a bit exposed.

[peawacks] 29/4/2014 12:14

Last chance for the 33.2p dividend !

[peawacks] 01/4/2014 10:57

1 April 2014

The Weir Group Plc ("Weir") notes the recent press speculation
concerning a possible transaction involving Weir and Metso Corporation
("Metso") and the subsequent statement from Metso. Weir confirms that
it has made an indicative all share merger proposal to the Board of
Metso.



The Board of Weir believes that there is a strong strategic rationale
for bringing the two companies together which would offer the
opportunity for significant efficiencies and synergies, creating
significant value for all shareholders. Weir envisages that the merged
entity would be listed on both the London and Helsinki Stock Exchanges.

Weir will make a further announcement as appropriate in due course.

Shareholders are advised that there can be no certainty that the merger
proposal will lead to any agreement, or as to the timing or terms of any
such agreement and there can be no assurance that, even if reached, any
such agreement would lead to a transaction.



Any transaction would be subject, inter alia, to Weir shareholder
approval.

[peawacks] 01/4/2014 07:27

Talk of Weir takeover of metso ?hxxp://www.metso.com/corporation/home_eng.nsf/WebFrontPage/$First?OpenDocument#.Uzpq8ahdV5E

[peawacks] 26/2/2014 22:29

Pre-tax profit was 418 million pounds ($697.33 million) last year, slightly below analyst estimates, while revenue declined 4 percent year-on-year to 2.43 billion pounds.

The engineering firm expects mid-single-digit growth in North American and Middle Eastern upstream investments this year, provided oil and gas prices remain stable, it said.

Last year, it was hit by an oversupply in the energy equipment sector but the firm said its order book was already seeing a pick-up towards the end of last year.

Weir Group said it saw strong demand in international markets for its pressure pumps used in shale gas exploration.

Its business in China was particularly strong with a 73 percent rise in equipment use. ($1 = 0.5994 British pounds)

(Reporting by Karolin Schaps. Editing by Jane Merriman)

[betman] 23/12/2013 11:54

Quiet board for this share, looks like 2030 is a support level. I can see this getting a few new year tips based in continued world economy recovery and demand for their plant

[phoenix1234] 07/11/2013 08:06

buy tip

www.shareprophets.advfn.com/views/2351/weir-group-shares-still-a-buy-after-q3-results

[phillis] 04/11/2013 15:59

order input ok - ish
rest is just timing

[kavnish] 15/8/2013 13:41

UKCheshire

what are your thoughts on Fenner , given your background do you know this company ?

[ukcheshire] 13/8/2013 20:32

Many years ago I worked for this company, and have met up with several senior people who still work for the Group. What I like about the company is that it is well diversified, Weir supply valves and pumps to Nuclear Generation, Coal, Gas and have made a very good position for themselves in Fracking. The Fracking process uses large numbers of high pressure pumps and valves which have been in great demand in the USA and could well be in big demand in the UK too.

[major clanger] 31/7/2013 15:03

Weir: Deutsche Bank maintains positive stance
31st July 2013, 08:46

Deutsche Bank is more optimistic than most on pumps group Weir [LON:WEIR], whose latest update on Tuesday was widely viewed as disappointing.

The Deutsche analysts are obviously glass-half-full kinda people as they characterized the performance as resilient and looked to alight on the positives (such as an increase in profit margins) rather than the negatives (the top line performance).

The German bank retains its 'buy' on the stock, but has trimmed back its price target by £1 to £23.

At 8:44am: Weir Group share price was down 20.5 pence at 2,143.5 pence.

Courtesy of hxxp://www.brokerforecasts.com/news/article/articleId/4641840

[grahamhacker] 15/7/2013 21:27

£21m purchase at 17:10, could be interesting for tomorrow's price?

[broadwood] 01/5/2013 07:06

Ex div today. Results ok.

[tratante] 23/4/2013 16:52

Still think this is going to 18.71 Sanks?

[sanks] 17/4/2013 16:30

Another £2.60 off this bubble, and the rounds are on me, Sheila, Helen ,Jenny, Paula, Rachel and Pamela Anderson.

Hope the 18.71 exit target is helping
Sanks

[sanks] 15/4/2013 10:02

The viagra will effect is soon to vanish...as it drips towards my wealth transfer target.

Hope it helps

[sanks] 11/4/2013 21:06

Its the viagra market syndrome...but don't worry, the erection won't last long.

Target 18.71
Sanksalot