LK Hyman
14 Jan 2015
Re: I'm out Dar,"If, and it might not be such a big if, it gets down to 1600, I just might bite."Looks as if it's nearly 'make your mind up' time!LKH at the LK Wash & Valet looks as if I made the right call on this pupp
II Editor
10 Dec 2014
NEW ARTICLE: Trends and Targets for 11/12/2014 "WEIR GROUP (LSE:WEIR) is a company Alistair at TaT used to know quite well. His primary school was literally on the doorstep of Weir Pumps in Cathcart, Glasgow in an age where most pupils at the school would expect to find themselves working ..."[link]
daressaalam
08 Dec 2014
Re: I'm out Agreed Rhigos,So nearly went back in late last week but held back. Even thought of a sub 1800 buy earlier today, am I now glad I didn't. I think what stops me getting too pumped up is the pretty modest yield by comparison to other shares I am "treading water" losses on...If, and it might not be such a big if, it gets down to 1600, I just might bite.Meanwhile got plenty BP in my kit bag to ride the oil-slick with. Oot and staying oot !
Rhigos
04 Dec 2014
Re: I'm out daressaalam,I think you are right to have got out. I was up 50% and ignored 15% fall, moving stop loss trigger. Regret this as now only 10% up. It looks like oil prices will be low for a long time so demand for fracking pumps must have fallen. Similar story in mining industry. Looks like I'm in for the long haul.
nk1999
04 Dec 2014
Investec "Investec has slashed its target for the share price of industrial engineering group Weir by 17% from 1,900p to 1,585p, saying that almost every important data point for the company is "trending negatively". It kept a 'sell' rating.Investec estimates that falling commodity prices - oil, gas and iron ore - will have a big impact on volumes for Weir. "Headwinds are multiple (and growing)," the broker said."From ADVFN.SP today = 1798p (-29p).
daressaalam
28 Nov 2014
Re: I'm out I have always had a good feeling for this group ever since they turned my job app down way long ago - and followers of this share will have most probably made a bundle over the years. I made some but sold too early a few years ago. Big mistake, but lousy yield.Now back in under 1800 and expecting to make some plus over relatively short period if I can hold out for the oil sector to rise - same attitude with BP.Even so someone out there is looking hungrily at Weir - it might be their turn in the barrel Pumping up.
El Kel
20 Nov 2014
Re: I'm out have sold Weir this morning. There was something in the FT today to the effect that the increase in project costs for miners and oilers is meaning that project developers are putting the squeeze on equipment suppliers.---------- -----Hats off to your prescience, Mr H.
