Ripley94
28 Dec 2018
ESCO purchase, Bookbuilding Thanks Sara . I like to hang about until i see a profit madness maybe. But hey one of them ( EPO ) went up 270% yesterday morning good job i did not give up on that loser. Hope you were not one of the many short in it.
SaraRacano
28 Dec 2018
ESCO purchase, Bookbuilding BTW Ripley, you might want to start to think about selling into the dead cat bounces! Nothing goes down in a straight line, so there could be some positive days! You need to exit here!
Ripley94
20 Dec 2018
ESCO purchase, Bookbuilding Pleased you are so confident in yourself i defiantly can not see things before they happen ( well not with shares ) unfortunately pretty good at that with life. I agree with the mental illness remark , pleased to say so far never used leverage. I might be mental though as when i have had huge losses never lost a wink of sleep . Understand myself maybe more than anyone i have ever meet . Thanks for advise . I hope i do not give impression i am giving any to anybody investment advise. Historically have a look at 50 year share chart always higher after dips.
SaraRacano
20 Dec 2018
ESCO purchase, Bookbuilding The idea in this market is to be ahead of the game, to see things happen before they happen (not easy). No I am not a JW, I believe in myself! Be careful about “playing†on leverage, debt & mental illness are a marriage made in hell. I am not sure you understand yourself & your weaknesses, a key element to be successful. The markets now could become very volatile, unless you´re highly experienced, STAY OUT! You´re going to get hurt, especially if you´re a person that trades on pure emotion. The number one rule is to never buy in a buy-back programme, the SP is being artificially manipulated. Look at what happened in 08, these shares fell to around 250p. But Weir, trade with a lot of debt. This could be disasterous if many of their customers go bust. THINK, I am not offering you any advice. What I say could well be wrong. But historically bubbles seldom reflate. GOOD LUCK! You´re going to need it
SaraRacano
19 Dec 2018
ESCO purchase, Bookbuilding Jesus, Ripley! You´re a catastrophic diaster at this game! Should have shorted at 1600p!!!
Ripley94
30 Apr 2018
In @ 2140 My buy shows as sale .. buys after @ 2130p
Ripley94
19 Apr 2018
363 M ... @ 2175P why did you leave the price out ?Most relevant part of bb,
Rhigos
19 Apr 2018
ESCO purchase, Bookbuilding From earlier RNS:"Under the terms of the Placing, Weir intends to place up to 16,699,763 Placing Shares, representing up to approximately 7.4% of the current issued ordinary share capital of the Company as at 18 April 2018."From later RNS:"The Weir Group PLC ("Weir" or the "Company"
is pleased to announce the completion of the placing of ordinary shares announced earlier today (the "Placing"."This appears to be a very positive news. It is expected to improve profitability and judging by the sharp rice in share price the market likes deal.The placing by bookbuilding was a lot quicker than a Rights issue and I expect a lot cheaper. The dilution is more than made up for by increased EPS as I understand it.What do there investors think of deal?
dongo
06 Oct 2017
Re: info £24 well of the mark under £20 today
Rhigos
25 Apr 2017
Re: info WEIR is in an interesting position. SP does well when there is a boom in shale gas/oil. The over production of oil and gas then drives down price and WEIR's SP suffers. Last down turn made worse by OPEC in particular Saudi Arabia trying to drive out shale producers by flooding market with cheap oil. That did not do Saudi and and other oil producers much good. I have heard that as far as production costs are concerned in Saudi oil costs less than fresh water there to extract but flooding market with oil is self destructive.Recently OPEC and some other producers have managed to reduce production and oil price risen as a consequence. Now Americans and Canadians shale producers back in. I think they will be a little more restrained this time round but oil price once again under pressure. A lot of backers last time lost money.I know WEIR do a lot of mining equipment as well as fracking pumps but that industry is similarly cyclic. I missed out selling WEIR at around £26 so think I will set a target of £24 and then perhaps hedge my bets by keeping some.
picstloup
31 Jan 2017
Top sliced Sold 33% of my holding at just under £20, nearly 66% up overall.Thinking of sinking the proceeds into Booker as a (relatively) cheap way into Tesco.
dongo
21 Jan 2017
info Challenging trading conditionsEngineering group Weir (LSE: WEIR) had dividend cover of 1.8 times last year, which doesn’t give too much cause for alarm. But because the company’s earnings outlook remains tied to upstream spending in the oil and gas sector, we ought to be vigilant.Trading conditions remain challenging and another slump in commodity prices could hit the company hard. And although the industry’s fundamentals look a lot better than a year ago, I expect the recovery to be slow as capital spending by major oil and gas producers is unlikely to rebound back to pre-2015 levels.The company is due to announce its full-year results in February and analysts currently expect underlying EPS to fall by 19% to 63.5p. This implies its dividend cover would have fallen to below 1.5 times in 2016, which could cause some concern for shareholders given the cyclical nature of its business.
Rhigos
20 Dec 2016
Analysis of Industrial Machinery sector This article by well respect analyst Phil Oakley, who now works for Ionic, SharePad / ShareScope is well worth looking at IMO:[link]
Rhigos
20 Dec 2016
False alert Got following alert email this afternoon shortly after midday:"INTERACTIVE INVESTOR PRICE ALERT========== ========== ========== ==WEIR.L 'Bid price' greater than 1950 (now 1995.000)Dear John *********,At 12:19 20/12/16 'Weir Group' in your Interactive Investor portfolio reached a 'Bid price' alert of greater than 1950.Please note, as the alert has now been sent, you won't receive it again, and it will no longer be listed on the web site. To set a new alert, please visit your portfolio: [link] wish it were true!
Rhigos
12 Dec 2016
Re: WEIR On Verge Of A Breakout Again.......... I have pencilled is a target price of 1960p to sell half my WEIR shares. It is my belief that once shale oil and gas production ramps up in North America & Canada oil price will fall again and along with it WEIR.
