Hardboy
07 Jul 2017
Trading Update Steady as we go. No real change in trading conditions, performance in line with the board's expectations. It should have little effect on the share price/
oggs
23 May 2017
Re: Finals End of the bid premium
Hardboy
23 May 2017
Finals I found the results reassuring - not brilliant, but steady progress being shown. Bit surprised by the market reaction.
Hardboy
19 Apr 2017
Trading Update More or less in line with expectations, but cash flow is ahead of expectations & good to see growth returning. Unless markets are fear led, this should push the price up a bit.
oggs
15 Nov 2016
Re: vulnerable to a bid? Given that it ran up nearly 25% from today's price and fell back again my assumption is that the run up was presaged by bid thoughts that didn't materialise.
Hardboy
15 Nov 2016
Re: vulnerable to a bid? The Press have been saying so for years (but I won't expand into what I think of the press) but the Investment Cliché is Never invest hoping for a take-over. I don't really understand the fall over the last month; but markets seem to be moving much on guesswork at the moment.
esteso
15 Nov 2016
vulnerable to a bid? I'm a fan of Aveva and have been for years, generally served me well. At current SP and with a Sterling discount of at least say 10%, is AVV a potential target for aquisition?
oggs
12 Aug 2016
Up and up if we ignore the very short lived Schneider spike in June then I don't think I have ever owned a share whose price chart is more or less 45 degrees in the right direction!
Simbr
15 Jun 2016
Re: Why the big rise? Looks like it's going to be off the table this time:"Discussions collapsing for a second time, tell us that there will not be a third chance. So Aveva is left to its own devices – and the structural weaknesses in the firm’s business model, as highlighted by this deal, remain unaddressed. Investors will have to put up with Aveva grinding it out. Yet expect Avevavshares to fall below this level as the ‘hot’ money moves on to pastures new."From Panmure Gordon this morning, up on Research Tree.
Hardboy
15 Jun 2016
Re: Why the big rise? So talks off and predictably the market is not pleased, but I'm encouraged. Presumably it was Schneider who approached Aveva, and therefore presumably they came with a better offer than before; and presumably it was Aveva who rejected the improved terms. This either means the BoD are very confident about the future, or are living in dreamland. The former is more likely.
II Editor
14 Jun 2016
NEW ARTICLE: City prepares for 'supersized' Aveva offer "Mergers and Acquisitions (M&A) fever has gripped the technology sector. After NASDAQ:MSFT:Microsoft/NYSE:LNKD:LinkedIn and NASDAQ:SYMC:Symantec/NASDAQ:BCSI:Blue Coat, French giant PAR:SU:Schneider Electric has revived talks with LSE:AVV:Aveva ..."[link]
Hardboy
13 Jun 2016
Re: Why the big rise? Just seen the RNS - talks with Scheider are back on - sounds like under better terms. Shares now suspended till further notice.
oggs
13 Jun 2016
Re: Why the big rise? Has to be a bid in the offing? Not for a second claiming any sort of knowledge but it wouldn't be the first time that a previous takeover target had come back onto the menu.
Hardboy
13 Jun 2016
Why the big rise? Volume's high, but can't see a reason for it.
Simbrad
24 May 2016
Read Panmure Gordon & Co's note on Aveva, out this morning on Research Tree: "Final results are in line with guidance. For us the positive is Asia - not as bad as feared, and balancing this, exceptional costs are higher than we had anticipated. Ahead of meeting the company we have elected to leave estimates unchanged. The valuation remains a bit toppy for now, with EV/EBITDA at 14.3 and no news of the ‘special’ which we had been arguing for. We are relaxed with our Hold..."
