Weir Share Discussion Threads

[broadwood] 26/4/2010 08:06

Wow - I thought up about 50p. This is even better.

[broadwood] 26/4/2010 07:22

Great short term news in the IMS. Still caution further out but plenty there to keep the price moving upwards I'd say.

[tratante] 29/3/2010 15:41

Wonder if this is going to take a breather and slip back a little after a good run and reaching its historic high. Might also expect some profit taking to coincide with the end of the financial year.

[tratante] 25/3/2010 19:34

Director buying, nice to see.

[greek islander] 24/3/2010 09:09

Clear overhang here - someone is taking profit in small batches so as not to alarm the market.
Despite this all these shares seem to be finding willing buyers.
Came back in after (like APPPP) selling off at what seemed a very good profit. Big mistake should have stuck longer term. Came back in at under £9 and already showing good gains.

[apppp] 18/3/2010 08:47

Can't believe I sold this at 4.70 thinking it had peaked

[tratante] 17/3/2010 17:02

and nor should it. Good day today and more to come tomorrow hopefully. Building on an excellent set of results.

[broadwood] 17/3/2010 16:29

This won't lie down.

[tratante] 09/3/2010 17:40

Thanks Broadwood, if that's what they can do in a difficult year ....

[broadwood] 09/3/2010 16:00

Just thought it would be nice to post this so we can have a smile when we need it!


HIGHLIGHTS
* Resilient aftermarket contributed 54% of revenues;
* Record operating profit benefiting from positive currency effect;
* Margin benefiting from stronger aftermarket and cost management;
* Exceptional free cash flow generation;
* Net debt halved in the year;
* Stabilisation of Minerals order input;
* Stronger current trading driving a more positive outlook for Weir SPM;
* Power & Industrial to benefit from record nuclear order book;
* 2010 expectations upgraded.

Keith Cochrane, Chief Executive, commented:
"In a difficult global economic environment the Weir Group has again performed
strongly in 2009, delivering an exceptional cash performance and making good
progress against our key priorities.

We have an excellent platform for growth and a clear strategy to extend the
Group's presence in three attractive markets with positive long-term
fundamentals

[kkbabe] 09/3/2010 14:16

A VERY tasty divi and net debt halved. Pure dead brilliant.

[broadwood] 09/3/2010 14:03

Couldn't get a much more positive statement. Now to watch for the Broker upgrades. Handsome.

[tratante] 09/3/2010 12:41

Indeed, in the current climate very impressive.

[money multipier] 09/3/2010 12:04

Think it's fair to say they were.

[broadwood] 08/3/2010 16:11

Results tomorrow. Need to be good to keep this run going.

[broadwood] 08/1/2010 16:05

Its on rocket fuel. Lets hope the market's enthusiasm isn't misplaced.

[kkbabe] 07/1/2010 09:32

I think we can assume that the figures will be good!

[broadwood] 06/1/2010 16:32

Trading update next Tuesday then.

I guess we're flying because metals and oils are flying.

[cockneyrebel] 06/1/2010 12:49

Breaking out - t/s in a week.

CR

[ghurah] 11/11/2009 13:55

off topic (in case some people mind)

is there anyone here that can help me?....read on...

are you working in the construction industry and would like to take part in a short (5 questions, 3-5min) questionaire i will be doing as part of my final year project?

I would appreciate as many responses as possible and would really help me...
if yes then please email me for further information:

[e-mail]

all confidential etc

[kkbabe] 03/11/2009 11:03

Interesting trading statement which appears to bear out the comments already expressed on the bb. The management are suggesting top end of projection and the debt is reducing but there are a lot of reductions.

[broadwood] 14/10/2009 16:16

Stunning gains today!

[broadwood] 12/10/2009 09:58

I think it was Wednesday - but anyhow, the share price ignored it.

[james8] 12/10/2009 09:55

also we went xdiv fri with 4.8p ps on the way