11:25 23/05/2012 Re: high rise low volume
150K trades today by 11am. This provokes a 3.5% drop! By linguafranca
9:30 23/05/2012 Period of volatility
Weir Group written up by Redmayne (Share Spotlight). Highlighting the hydraulic fracking business and suggesting the weekness in the shares is because explorers are going for easier and cheaper methods. They therefore see a period of share price volatility although consider the shares a buy at 1506p (today 1530p)
http://www.shareworld.co.uk/index.php/share-spotlight/may-17-2012/ By theraysor
16:40 22/05/2012 high rise low volume
Todays SP rise 5% is on low volume 1.5m trades according to Yahoo.
Seems to me this one will go back up just as fast as it was brought down by by the short traders.

Kicking myself for setting my topping up level at 14.45 on thursday rather than 14.65. Just goes to show "you can't finesse a bottom"!

By linguafranca
14:16 09/05/2012 Re: Lupo?
Yes, i saw part of it thanks but gave up as I realised that it was just a couple of total odd balls and not a demanding interview with those involved in shale oil/gas - or did that come later? By Lupo di mare
13:07 09/05/2012 Re: Lupo?
http://www.youtube.com/watch?v=xFeCX2A8bkM By GatorHex
9:30 09/05/2012 Re: Lupo?
Woops, yes I see you've got the link below. By Lupo di mare
9:29 09/05/2012 Re: Lupo?
Missed it m8. Got a link? By Lupo di mare
9:17 09/05/2012 Lupo?
Did you watch this week´s edition of Keiser? It´s all about fracking. Perhaps if you watch this week´s edition of Keiser, the fracking division should not be quite a shock. Fracking requires huge investment for only SR gain.

Weir´s debt as well, they certainly have been upping the debt to obtain these results, which is worrying. By Hardcore Uproar
8:27 09/05/2012 IMS
That was a big hit to upstream oil and gas; it must have been quite a shock to them, was to me anyway. That just shows the benefit of keeping Power and Industrial, unlike a certain pundit who thought that they might sell it.

Any guesses on where the sp's headed? Some who thought that Weir had magical properties will be disappointed and sell. BTW, 1must, I did not suggest that the sp would head down to 332p, I merely mused that it would be nice as it would be give-away time again.
By Lupo di mare
21:14 08/05/2012 Re: Investor's Chronicle
LDM,
Bought at the same time seeing this as a company with prospects but became beguiled with other shares and sold ( oil ); however, your point of the share going to 332p bears no relationship to the present company or the share price prior to the drop to 332p in 2009. If that were to happen now it would be catastrophic.
Bearing in mind the diversification and world wide interests of the company I cannot see this going below 1300p which would considerable undervalue what is an exceptional company and provide a very nice buy. IMVHO By 1mustjfdi
18:44 08/05/2012 Re: Investor's Chronicle
And, Hardcore, Turnover and Profit growth hardly faultered, and the yield zonked up to 7.5%. Woopee. Lupo added more on 27.1.09 @332p..... By Lupo di mare
17:51 08/05/2012 Re: Investor's Chronicle
Harcore - "Remember the last time oil went down in 2008, Weir fell to 250p"

Bring it on. Lupo's got some spare investment cash just waiting for the summer downturn. By Lupo di mare
16:58 08/05/2012 Re: Investor's Chronicle
It would be interesting to see the correlation the oil price & Weir. Out of the Middle & Russia the costs of extracting oil out the ground are between $90, $100 p/brl. What happens if the oil price falls back down to $60 p/brl? What effects does this have on Weir´s SP? The perils of fracking is discussed in this week´s edition of Keiser.

http://www.youtube.com/watch?feature=player_embedded&v=xFeCX2A8bkM
Remember the last time oil went down in 2008, Weir fell to 250p By Hardcore Uproar
15:23 08/05/2012 Re: Investor's Chronicle
Quite right, Seewolf. I note that 85% of London prime-property purchasers in London are foreign, a new influx of Greeks and Italians having started in 2010 to escape the Eurodebt debacle. This year the French no doubt. Meanwhile I see in the Times that the recent drop in Weir SP was because it has gone ex div...and the Titanic sank because the deckchairs were too heavy. Did expect better from the sp today and this week - not too late perhaps. By wangbaudan
20:18 06/05/2012 Re: Investor's Chronicle
Was thinking of having a quick in and out, but with Hollande in in France (?!), and Greeks voting against the austerity parties it doesn't look like a jolly week ahead of us.

Hollande wants to increase taxes on those earning more than E1m, employ more teachers, reduce the retirement age to 60 for some (who?), and whatnot. Yes, well, the ratings agencies will be sharpening their pencils. London property will probably be a good bet. By Lupo di mare