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(WEIR) Weir Group share chat

Discussion in 'General Share Chat' started by TupacAmaru, Nov 5, 2015.

  1. ShortTracker

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  7. Mongoose82

    Mongoose82 A Legendary Member

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    update from panmure gordon & co:

    "To us, it highlights the fragility of the company to commodity prices and the realisation that oil, coal and iron ore markets are staring down into the abyss. After the EPS collapsed last year, the long-standing CEO perhaps deserved to leave on a face-saving “ahead of market expectations” statement. However, we do not agree with the Board’s decision to replace him with the current FD. What the company needs is a CEO who will change the direction away from Oil & Gas and Minerals by suspending the dividend and rebuilding capabilities in growth sectors such as water and renewables."

    Https://www.research-tree.com/compa...t-a-tragedy-to-lose-two-in-a-month-29-07-2016
     
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