Weir Group PLC Sub Div

The Weir Group is an engineering business. Co. is organized into three operating divisions: Minerals, which provides mill circuit technology and services as well as slurry handling equipment and associated aftermarket support for abrasive high wear applications; Oil & Gas, which provides pressure pumping and pressure control equipment and aftermarket spares and services, as well as equipment repairs, upgrades, certification and asset management, and field services; and Flow Control, which designs and manufactures valves and pumps, and also provides specialist support services to the global power generation, industrial, oil and gas and other aftermarket-orientated process industries.
  • TickerWEIR
  • ISINGB0009465807
  • ExchangeLondon Stock Exchange
  • SectorIndustrial Engineering
  • CountryUnited Kingdom

An increasingly favourable environment allows WEIR GROUP PLC. to improve to Neutral

The independent financial analyst theScreener just upgraded the general evaluation of WEIR GROUP PLC. (GB), a company active in the Industrial Machinery industry. As regards its fundamental valuation, the title confirms its rating of 3 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date May 22, 2020, the closing price was GBp 951.20 and its expected value was estimated at GBp 934.78.

Expert Corporate Governance Service (ECGS)

Weir Group – AGM 28 April 2020

In general, Weir Group is in compliance with the British regulations relating to the organization and procedures of the Annual General Meeting.   Covid-19 and dividend update   On 26 March 2020, the Board announced that it is prudent at this stage to provide maximum flexibility and has therefore taken the decision to withdraw its recommendation to pay the final dividend of 30.35 pence per share. In addition, ECGS recommends to OPPOSE to the authorization to repurchase shares (ITEM 18).   ITEM 2: Directors' Remuneration Report   The Company seeks shareholder approval of the Directors'Re...

Weir Group: 1 director bought

A director at Weir Group bought 2,000 shares at 1,300p and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board membe...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Preston Caldwell

Morningstar | Falling Oil Prices Have Made Oilfield Service Stocks Very Cheap Again

Falling oil prices over the past several months have pushed oilfield service stocks into very cheap territory. West Texas Intermediate crude has fallen from over $65/bbl in late April to about $51/bbl today, below our midcycle forecast of $55/bbl. Our median covered oilfield service company is trading at a 20% discount to fair value. Valuations look about as cheap as they did last December, when many names breached 15-plus year lows. For oilfield service companies, we think the market is pricing in overly pessimistic views on growth in oil and gas capital expenditures, as we've previously hig...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Add exposure to cyclicals Our positive outlook on global equities (both the MSCI ACWI and ACWI ex-US) remains intact and we believe a “buy the dip” strategy is warranted. We recommend taking advantage of recent weakness -- where applicable -- by adding exposure to cyclical Sectors. • Actionable Sectors: Consumer Discretionary and Manufacturing. Today's recommendations focus on autos, auto parts, and machinery which span the Discretionary and Manufacturing Sectors. We initially recommended adding exposure to autos and auto parts in our 3/14/19 Int'l Compass, and we view the recent mild pullb...

Weir Group: 1 director bought

A director at Weir Group bought 2,000 shares at 1,300p and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board membe...