Weir Share Discussion Threads

[philanderer] 16/2/2019 00:12

Evening graham , your timing looks spot on 👍

[grahamnash] 15/2/2019 21:35

Hi Philanderer. Bought Weir during the December low. Haven't really got anything useful to say or add, but thought I'd keep you company for a while.
Cheers ;)

[philanderer] 15/2/2019 20:50

'MHI and Weir Partnership to Supply Pumps for Hinkley Point C'

MHI and Weir combine expertise to support UK Nuclear New Build project


A partnership between Mitsubishi Heavy Industries Ltd. (MHI) and Weir Engineering Services Ltd. (WES), a subsidiary of The Weir Group, announced that it has been awarded a contract by Nuclear New Build (NNB) to design, manufacture, and test 34 pumps. NNB is a subsidiary created by EDF Energy to build and operate two new nuclear power stations in the UK. The MHI and Weir alliance will supply five models of pumps, totalling 34 units, to Hinkley Point C, the UK's first new nuclear power plant in 25 years.

[philanderer] 12/2/2019 14:09

Whoosh ! ;-)

[philanderer] 11/2/2019 08:51

Peel Hunt. Buy. Tp 1800p. Cut from 2450p

[philanderer] 31/1/2019 14:02

First Reserve digs deep for £300m Weir arm

Buyout firm First Reserve is bidding for the Glasgow-headquartered Weir’s Flow Control arm, Sky News understands.

The FTSE-250 engineer Weir Group is closing in on a £300m-plus sale of a division which supplies pumps and valves to the global energy and power sectors.

Sky News understands that First Reserve Management, a US-based private equity firm, is among a number of bidders for Weir's Flow Control unit.

An auction of the business, which has been underway for several months, is likely to conclude in the next few weeks.

Sources said that at least one other financial investor was also competing to buy the Flow Control division from Glasgow-headquartered Weir.

The disposal of the business was triggered by Weir's $1.3bn takeover of ESCO Corporation, a market leader in surface mining tools, last year.

[philanderer] 31/1/2019 10:50

Got some catching up to do ;-)

[philanderer] 30/1/2019 14:04

Or today :-S

[philanderer] 29/1/2019 12:31

Not joining in today's market rally :-S

[philanderer] 27/1/2019 00:16

MIDAS SHARE TIPS: Rock solid... mining expert Weir can unearth rich seam of profits

[philanderer] 25/1/2019 11:04

Weir Group, up 2.2%. Societe Generale raised its rating of the oil services stock to Buy from Hold.

[philanderer] 24/1/2019 23:52

24th jan Credit Suisse 'outperform'

reiterates

[philanderer] 18/1/2019 18:27

Great bounce back :-)

[philanderer] 18/1/2019 12:51

Looks like Schlumberger outlook may have spooked the sector..


Schlumberger Ltd posted stronger-than-expected four quarter revenues Friday, and declared a 50 cent share dividend, even as it cautioned that recent oil price volatility has added more uncertainty into its 2019 outlook.

"Looking forward to 2019, we expect a more positive supply- and demand-balance sentiment to lead to a gradual recovery in the price of oil over the course of the year, as the OPEC and Russia cuts take full effect," CEO Paal Kibsgaard said. 'In the meantime, the recent oil price volatility has introduced more uncertainty around the E&P spending outlook for 2019, with customers generally taking a more conservative approach at the start of the year."

'For Schlumberger, this means that even with the current oil prices, we expect solid, single-digit growth in the international markets while in North America land, the increased cost of capital and focus on aligning investments closer to free cash flow has introduced more uncertainty to the outlook for both drilling and production activity."

[philanderer] 14/1/2019 10:08

updated:

14th jan HSBC buy tp 2000p cut from 2500p
14th jan Morgan Stanley overweight tp 1850p cut from 1930p
8th jan Merrill Lynch buy tp 1700p
19th dec Goldmans neutral tp 1750p
19th dec Credit Suisse outperform tp 1800p
7th dec Barclays overweight tp 1900p
20th nov RBC outperform tp 1900p
8th nov Liberum buy tp 1800p
7th nov Deutsche buy tp 1815p
7th nov JP Morgan overweight tp 1940p
6th nov UBS buy tp 2250p
6th nov Peel Hunt buy -
6th nov Liberum buy -

6th nov ++++ Q3 IMS ++++

[philanderer] 10/1/2019 00:32

'Weir Minerals enhances pump maintenance with adjustment technology'

[philanderer] 08/1/2019 10:15

8th jan Merrill Lynch buy tp 1700p cut from 1850p

[bouleversee] 06/1/2019 21:47

Not much left to hold!

[philanderer] 06/1/2019 20:47

WEIR GRP PLC/S (OTCMKTS:WEGRY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Sunday.

[philanderer] 02/1/2019 09:28

LONDON (Alliance News) - Stocks in London started the first trading day of 2019 in the red, as disappointing Chinese manufacturing data weighed on the market's big miners.

[essentialinvestor] 20/12/2018 13:14

I'm tempted here tbh.

[essentialinvestor] 20/12/2018 10:47

Have they geared up the balance sheet just at the wrong time?,
think that's what the market may be questioning?.

[philanderer] 20/12/2018 09:55

Not many buyers about today ;-)

[elsa7878] 19/12/2018 21:28

PE 15 x and profits sure to fall. So why is it good value?