Weir Share Discussion Threads

[philanderer] 01/11/2018 09:54

1st nov JP Morgan overweight tp 2000p cut from 2060p

[philanderer] 31/10/2018 14:37

Risk off ;-)

[philanderer] 30/10/2018 10:03

30th oct Credit Suisse outperform tp 1900p cut from 2100p

30th oct Peel Hunt buy -

[philanderer] 26/10/2018 18:22

Market report..

Weir Group racked up healthy gains after US peer Denver Gardner reported a solid third quarter late on Thursday.

[philanderer] 26/10/2018 09:59

Chance would be a fine thing ;-)


26 October 2018 | 09:00am

StockMarketWire.com - Citigroup today reaffirms its buy investment rating on Weir Group PLC [LON:WEIR] and cut its price target to 2500p (from 2675p).

Story provided by StockMarketWire.com

[philanderer] 24/10/2018 12:17

Don't blame you CC ;-)

I'm averaged in just under 1700p and obviously came in much too early.

[cc2014] 24/10/2018 09:31

Popping in to say I'm astonished at the share price. I sold all mine around 2000 and had 1700 pencilled in as a re-entry point. The oil price and weakness of cable put me off when it got there but 1400p?

I'm going to have to have to think harder now. I still don't like the oil price, nor cable. I will sit on the sidelines for a bit.

[philanderer] 24/10/2018 09:17

Oil suffers biggest one-day drop in over 3 months

[philanderer] 24/10/2018 08:35

There goes the 1400p chart support. Next stop 1200p. That will now trigger some stops.

Great share to short at the moment.

--------------------

Market open:

Antofagasta also narrowed its guidance, despite an increase in copper and gold production, which improved by 15% and 21%, respectively.

In the three months to the end of September, gold output grew to 48,100 tonnes from 39,700 tonnes, with copper production rising to 188,300 tonnes from 163,200 tonnes.

The miner now expects to produce between 705,000 and 725,000 tonnes of copper in the full year 2018. At the end of July, it anticipated copper output in a range of 705,000 to 740,000 tonnes.

[philanderer] 23/10/2018 17:36

That's a hefty 35% paper loss for those who took up shares in the april placing at 2175p !

[philanderer] 23/10/2018 14:11

Sh1te results from Caterpillar in the US just released will not help things

[bouleversee] 23/10/2018 10:49

I wonder whether the Khashoggi business will have any effect on this. How low do Weir have to go before they become a buy?

[philanderer] 23/10/2018 10:01

So will 1400p hold or are we lookng at 1200p according to the chart.

Some were paying 2175p in that april placing :-O

[bscuit] 22/10/2018 21:08

Perhaps WEIR will become a target again?

[bouleversee] 22/10/2018 19:54

So, what to make of all that? Why the big drop?

[philanderer] 22/10/2018 19:37

Ah...

FT Market report:

"Pumpmaker Weir Group slipped after Halliburton gave a cautious outlook for US shale equipment demand."

[philanderer] 22/10/2018 18:34

Dog of the day for my lot. This fella is not looking good at all.

Chartwise, if 1450p goes , we're looking at 1400p then down to 1200p . No wonder plenty are dumping this one now.


FTSE 250 - Fallers

Cairn Energy (CNE) 200.00p -6.63%
Premier Oil (PMO) 114.00p -5.79%
Go-Ahead Group (GOG) 1,559.00p -5.17%
Weir Group (WEIR) 1,474.00p -4.53%
Inchcape (INCH) 496.20p -3.84%
Dechra Pharmaceuticals (DPH) 2,244.00p -3.77%
Greencore Group (GNC) 187.85p -3.67%
Just Group (JUST) 72.70p -3.52%
William Hill (WMH) 218.70p -3.49%
Domino's Pizza Group (DOM) 257.90p -3.30%

[philanderer] 22/10/2018 13:43

Strange WEIR is not joining in the bounce today :-S

[bouleversee] 19/10/2018 21:04

What's happened to the charts on here?

Checking my records, I see my average price for purchases in 2013 and l4 was £19.91 and that that there was a bid rumour in Mar 2015 at 25.50. I don't think I will risk any more; if they go up, I'll benefit but I don't want to lose more. My p/fs are looking very sick at the moment with more losses than gains.

[philanderer] 19/10/2018 18:23

Another awful week -6%

[philanderer] 19/10/2018 14:44

Chart support looks like 1510p then down to 1470p

[bouleversee] 19/10/2018 14:03

Just noticed my typo: I should have said with a target of around 2400p. Must check on the shorting situation.