Weir Share Discussion Threads

[phil140158] 19/10/2011 12:48

Halliburton posted record results recently. US oil and gas production were the major drivers, I gather. It will be interesting to see how WEIR are getting on in that market. Anyone think we will see £22 again?

[tratante] 19/10/2011 11:03

Due an interim management statement in a couple of weeks. Might ignite a few fireworks!

[phil140158] 04/10/2011 14:43

I don't see miners and oil/gas producers cutting back production just yet, although it isn't difficult to imagine a scenario when they will in these troubled times. I would imagine the trading statement will show business holding up well, but the references to future prospects will be the key. If the markets can settle down before then, we might well see a bounce in the share price But £22 - I don't think so!

[elmfield] 04/10/2011 14:03

HO- HO!
Not be me that gets this one right!

[scottishfield] 04/10/2011 14:01

elm, yes, if you get the nod, please let me know !

[elmfield] 04/10/2011 14:00

OH AGREE, some people will make a great deal of money out of all this, question is:
WHEN?

[scottishfield] 04/10/2011 13:57

I do have cash knowsley & am a holder here. Very tempting isn't it.However i topped up at just under £16, so i'm trying to be patient! gl to you whatever you do, there will be a big top up time at some stage, and yes, it is a first class co, hence my intention not to bail what I have at this stage.

[elmfield] 04/10/2011 13:57

How do you know that they will continue to do as well as before in the economics of broke GOVTs and stretched private consumers = market will go lower only propped up mostly by the utilities.
Why but today what will probably be cheaper tomorrow, next week, and next month if not next year?

[knowsleyman] 04/10/2011 13:49

At this silly price I wish I had some spare cash to invest!

A first class company being beaten down on its share price with matters that, I think, will not affect its profits.

[phil140158] 04/10/2011 13:05

Maybe a 'distressed seller' elmfield? I might as well hold on until the trading statement end Oct/early Nov. £12k down on my holding and don't need the cash. Yet!!!!!!

[elmfield] 04/10/2011 11:17

still no reason to buy anything,
doom and gloom for a long time yet.

[scottishfield] 28/9/2011 20:46

its one which is dragged to a degree with the ftse phil. It's the wider marco conditions which concern me presently, weir is a great stock. gl, cheers !

[phil140158] 28/9/2011 19:03

There should be an interim management in a month or so which should tell us whether Goldman Sachs valuation of £32 (!) is realistic or whether the current market gloom is a true reflection of WEIR value. elmfield/scottishfield - better not leave it too long before you get back in!!!!

[scottishfield] 28/9/2011 13:21

yes probably right elm, although I would like some at some point. Have previously held, currently not.

[elmfield] 28/9/2011 13:19

I still say avoid for now whatever the experts say.

[scottishfield] 28/9/2011 13:16

Tipped today by questor in D Tele (@16.61)

[phil140158] 27/9/2011 17:58

Big article about Keith Cochrane in The Times today. Not much of interest to us PIs but very positive nevertheless. Typical Times though: there was a sub-feature about WEIRs involvement with US shale gas and fracking and they showed a picture of a tension leg oil platform! Would never have happened pre News International!

[apad] 26/9/2011 18:20

WD
It's no problem.
Every time You want to trade down and I want to trade up - we do it!
apad

[phil140158] 26/9/2011 17:01

WD - I think you're right - an hour after you posted WEIR bounced 50p or so! As well as being in 'bargain' territory, WEIR must be interesting some of these cash rich US conglomerates?

[willydoctor] 26/9/2011 14:30

Hi APAD,

I tell you - I would make millions if I had a share investing magazine - made my recommendations and hten people did the opposite! FTSE is up 40 points, the mining stocks are mostly up and Weir still languishes in negative territory.
At least it wasn't a T20!!
Ho hum.....
LOL!

[apad] 23/9/2011 16:28

W...
This price a year ago!
My average buying price is £10 ( I don't trade) - so am tempted to average up :-)
apad

[willydoctor] 23/9/2011 15:04

Afternoon all. I last traded Weir Group at £3 a share - which shows you how long ago that was!
I jumped back in yesterday - now wishing I'd waited - but a 7% fall today seems to be shorting rather than fundamentals.
I am grievously tempted to top up and average down!
Best wishes,
WD

[phil140158] 23/9/2011 12:53

Bet the director who bought 3500 yesterday had wished he'd waited a bit longer! Still, a vote of confidence nevertheless. I wonder how long it will be before it reaches £22 again?

[tratante] 23/9/2011 12:32

This is madness but a bargain for some!

[phil140158] 18/8/2011 06:36

Positive broker note from Barclays Capital, apparently. Anyone seen it or the price target? TIA Phil