megaloss
18 Dec 2015
Re: 100% loss in a year erm...surely you mean 50% loss? I know this is a reason not to be cheerful but let's not overdo it 
axel27
18 Dec 2015
Re: 100% loss in a year Good morning.Solid Scottish engineering company. I've been up to Glasgow about 14x this year and significantly lower cost of living than London. Bought, lost money.Difficult to see bottom. Oil and gas capital investments....stopped?Guess ill be going to agm as this lot not saying much about forward numbers.Axel
Hardcore Uproar
18 Dec 2015
100% loss in a year Amazing losses here in just one year. Started the year around 1900p, went up to 2000p & then it has been straight down baring a few rallies (probably where the share has been shorted) One of the red lines is telling, it bounces upwards but there is a major selling trend.Get your money ready gamesinvestor, we are soon approaching the 800p´s, I still think the share will test the 400p-250p levels, probably next year.
II Editor
26 Nov 2015
NEW ARTICLE: Trends and Targets for 27/11/2015 "WEIR GROUP Â (LSE:WEIR) completes our week of taking the time to read Interactive Investors front page! Near term. movement above 1203p shows with growth to 1263p possible with secondary a slightly more useful 1312p. Perhaps of more importance ..."[link]
nk1999
04 Nov 2015
RBC Cap From ADVFN:"Weir got a boost after RBC Capital Markets upgraded its stance on the stock to 'sector perform' from 'underperform' and lifted the price target to 1,200p from 1,150p."We believe the risk/reward at Weir is now reasonably balanced, with the shares valued at close to 14x trough earnings," it said.The bank said concerns over price-downs in the minerals division may have been overdone and it expects to see the trading performance of the oil and gas business bottom soon."It remains difficult to forecast recovery, but when it comes, strong sales growth and high operational gearing will likely result in future earnings higher than our 2017 forecast of 98p."nk
nk1999
04 Nov 2015
Telegraph- Questor "Hold Weir as shares bounce: Weir is suffering from worsening sales and is cutting jobs. Despite little sign of a recovery at the engineer, the shares jumped 5%. The Glasgow-based group manufactures industrial valves for the oil and gas business as well as pumps for the mining industry. Customers in both these areas are cancelling or delaying orders, as the commodities sector worsens. Combined, the minerals and oil and gas divisions make up 85% of the sales at Weir. Weir has responded to the weak trading environment by cutting costs. It has found another £25 million in savings, bringing the total for the year to £110 million. The company estimates that redundancies and related costs will cause an additional £15 million to £20 million hit to profits this year. Weir has been acquisitive in the past and attempted to complete a £3.66 billion merger with Finnish group Metso in 2014. Weir eventually walked away after Metso rejected two takeover bids. Questor thinks the earnings figure and the multiple look optimistic given there is little recovery expected in commodity prices. Weir at £11.37 +62p. Questor says ‘Hold.” "
II Editor
03 Nov 2015
NEW ARTICLE: Weir and Hunting reflect oil trouble " The devastating effect of low energy prices on oil industry profits is obvious. Third-quarter results season has thrown up plenty of howlers, with sector earnings down by 54% year-on-year.Many companies have relied on strong downstream ..."[link]
Hardcore Uproar
03 Nov 2015
Anyone simplify? At first glance they do not look good. What are the relative, EPS? Yet the shares go up 5%. There appears a lot of cost cutting but there is only so far you can take this.
gamesinvestor
26 Oct 2015
£8.75 Weir Group: Panmure Gordon reiterates to sell, bumps down target price to 875.00p. - See more at: [link] - might be worth a punt at £8 ish
gamesinvestor
22 Oct 2015
Re: Entry price or not? "As I have said all along 400p-250p should be a target price here."interesting -- I wonder if it'll get that low eh?Don't worry HC, my finger isn't hovering anywhere near the buy button on this one.Games
Hardcore Uproar
21 Oct 2015
Re: Entry price or not? As I have said all along 400p-250p should be a target price here. Only a matter of time before a massive profits warning. The bell shape curve chart looks well into stage 5. You just need to work out where the mean price is. The commodity bubble has well & truly bust, stand aside here!
gamesinvestor
21 Oct 2015
Re: Entry price or not? "might be tempted at 911...ex div..October.."LG -- Are you sure? £8 sans divi sounds better.Games
lambrini girl
01 Sep 2015
Re: Entry price or not? might be tempted at 911...ex div..October..
II Editor
17 Aug 2015
NEW ARTICLE: Trends and Targets for 18/08/2015 " WEIR GROUP PLC. (LSE:WEIR) isn't cheap. There's often a tendency to refer to a share trading at less than 50% of its value last year as "cheap" in the mistaken belief it must recover to its prior glories. But oddly enough, WEIR is tending ..."[link]
KALAN
17 Aug 2015
Re: Entry price or not? not ... see what andy said.
