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AU. Autonomy

2,549.00
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Autonomy LSE:AU. London Ordinary Share GB0055007982 ORD SHS 1/3P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2,549.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 2,549.00 GBX

Autonomy Corporation (AU.) Latest News

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Autonomy Corporation (AU.) Discussions and Chat

Autonomy Corporation Forums and Chat

Date Time Title Posts
07/4/202410:00AUTONOMY CHARTS9,525
24/8/201116:40au. charts thread - moderated248
19/8/201112:05AU. to rocket to Ј216
19/4/201113:47Autonomy Predictions9
11/10/201009:30Bear Raid on Autonomy30

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Autonomy Corporation (AU.) Most Recent Trades

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Autonomy Corporation (AU.) Top Chat Posts

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Posted at 20/11/2013 10:31 by wstirrup
I happen to believe that one of the main reasons that the Yanks went into Iraq, was to stop Saddam from selling oil in Euros, as he had threatened.

Iran sells oil for Gold - and China and Turkey (amongst others) buy from Iran, using materials/commodities and/or services.

Turkey has been buying its citizen's Gold to sell to Iran in exchange for oil...

Hence the strong buying by Turkey's Central Bank.

BUT, they're not alone. Gold (IMHO) is not far off capitulation, before a streak back up to it's new all-time high circa 2018-22.

Price for Gold this a.m. - $1271.88 but the World's Central Banks are waking up, particularly in non western aligned countries. - BRICS, et-al.

W.
Posted at 21/11/2012 17:45 by robwt
Strange to see that HP now reckon that Autonomy was worth a fraction of the price they paid and are going to court. What happens to Lynch now.
Posted at 03/10/2011 11:16 by alan@bj
It is today. This from the Financial Times 13th September:-

Hewlett-Packard has extended the deadline for its £6.7bn ($10.6bn) takeover for Autonomy after fewer than half of the UK software company's shareholders approved the bid. However, analysts said the deal was still on track and the delays merely reflected the large number of hedge funds who have taken positions in the company since the deal was announced. Such investors typically wait until the last possible moment before accepting a bid offer.

In August, HP launched a takeover bid for the FTSE 100 group and asked Autonomy shareholders to rubber stamp the £25.50-a-share cash offer by September 12. At a 79 per cent premium to the £14.29 closing price of Autonomy the previous day, the deal was seen as highly advantageous to the UK software company's shareholders.

"With Autonomy's takeover by HP, its shareholders have been presented with a handsome reward – a 32.8 price/earnings ratio on our estimates," said George O'Connor, an analyst at Panmure Gordon

However, more than 48m Autonomy shares were traded on August 18, the day the deal was announced, bringing dozens of hedge funds into the shareholder register.

HP said on Tuesday that shareholders representing only 41.6 per cent of Autonomy's equity agreed to the deal when the deadline expired, forcing the US group to extend its offer to October 3. However, it is not uncommon for an offer period to be extended two or three times as acceptances are gathered in.
"There is no real sense that the deal is falling off track. The stock price has not traded down," said Milan Radia, analyst at Jefferies. "This is a deal that would be very difficult to disrupt because of the importance of securing the co-operation of the management."
Posted at 07/9/2011 12:16 by alan@bj
And the answer is:-
17. Settlement
17.1 Subject to the Offer becoming, or being declared, unconditional in all respects (except as provided in
paragraph 7 of Part B of Appendix I to this document in the case of certain Overseas Shareholders)
and provided that the TTE Instruction, Form of Acceptance, share certificate(s) and/or other
document(s) of title are in order, settlement of the consideration to which any Autonomy
Shareholder is entitled under the Offer will be effected (i) in the case of acceptances received, valid
and complete in all respects, by the date on which the Offer becomes or is declared wholly
unconditional, within 14 days of such date; or (ii) in the case of acceptances of the Offer received,
valid and complete in all respects, after the date on which the Offer becomes or is declared
unconditional in all respects but while it remains open for acceptance, within 14 days of such receipt,
in the following manner:
(A) Autonomy Shares in certificated form (that is, not in CREST)
Where an acceptance relates to Autonomy Shares held in certificated form, settlement of any
cash consideration to which the accepting Autonomy Shareholder is entitled will be despatched
by first class post (or by such other method as may be approved by the Panel) to accepting
Autonomy Shareholders or their appointed agents (but not into any Restricted Jurisdiction).
All such cash payments will be made in United Kingdom pounds sterling by cheque drawn on a
branch of a United Kingdom clearing bank.
In the case of joint holders of Autonomy Shares, those cheques will be despatched (at the risk
of such Autonomy Shareholders) to the joint holder whose name and address is printed on the
Form of Acceptance or, if appropriate, Box 4 or, if no such name and address is set out, to the
first-named holder at his registered address (outside a Restricted Jurisdiction).
(B) Autonomy Shares in uncertificated form (that is, in CREST)
Where an acceptance relates to Autonomy Shares held in uncertificated form, the cash
consideration to which the accepting Autonomy Shareholder (or the first named Autonomy
Shareholder in the case of joint holders) is entitled will be paid by means of a CREST payment
2119AUG201122242064 19AUG201122234665
in favour of the accepting Autonomy Shareholder's payment bank in respect of the cash
consideration due, in accordance with CREST payment arrangements. HP Vision reserves the
right to settle all or any part of the consideration referred to in this paragraph 17.1(B) for all or
any accepting Autonomy Shareholder(s) in the manner referred to in paragraph 17.1(A) if, for
any reason, it wishes to do so.
Posted at 18/8/2011 22:22 by football
done deal £25.50 a share just hope clubman was short


Hewlett Packard to exit computing and buy Autonomy
Continue reading the main story
Hewlett-Packard Co.
LAST UPDATED AT 18 AUG 2011, 21:00
*CHART SHOWS LOCAL TIME

price change %
29.48 -
-1.91
-
-6.08
Continue reading the main story
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Hewlett Packard has confirmed plans to exit PCs, tablets and phones, in order to refocus on software.

The company has also agreed to buy UK software firm Autonomy for £6.2bn ($10.3bn), or 2550p per share.

Shares in HP spiked as rumours - now confirmed by HP - broke.

HP also said it was considering a sale of its personal systems group, which includes the world's biggest PC-making business, and that it will discontinue its webOS devices.

The webOS operating system is used in its tablet computers and smartphones.

The move marks a significant U-turn for the company, which announced in a March strategic review that it would integrate webOS into all of its future hardware.

HP had launched its Pre tablet computer as a competitor to the iPad and devices based on Google's Android operating system.

However, webOS failed to gain traction with reviewers, or with operators and retailers.

Mark-up
Autonomy's board has accepted HP's offer to buy the firm, and founder Mike Lynch, who owns 8.2% of the stock, has pledged to vote for the deal.

The UK firm was founded by researchers at Cambridge University, and specialises in pattern-recognition technologies.

Mike Lynch told the BBC: "HP understands the special culture we have. This is about building Autonomy. It will be a positive thing for Cambridge and the UK."

The agreed price of 2550p represents a 78% mark-up on its closing price in London on Wednesday of 1429p.

It is equivalent to 47 times the pre-tax profits earned by Autonomy in the 12 months to June this year.

As news of the acquisition and strategic shake-up leaked out, HP briefly went from being the worst performer in the Dow Jones Industrial Average index of leading shares, to the only gainer at lunchtime.

The company's share price jumped 15% as the news broke on the Bloomberg newswire, before giving up nearly all of the gains as trading progressed into the afternoon.

HP's shares eventually ended the day 7.6% down, confirming it as the worst performer on what was a dreadful day for the markets.

That came on top of a 3.9% fall on Tuesday that was prompted by a warning from rival Dell that it expected demand in the US market to weaken in the coming months.

The news follows long-running rumours that chief executive Leo Apotheker, who recently joined from German rival SAP, wanted to refocus the company away from its traditional hardware business towards its smaller but much more profitable software lines.

On the sale of its PC business, HP said it "will consider a broad range of options that may include, among others, a full or partial separation... from HP through a spin-off or other transaction".
Posted at 18/8/2011 18:28 by bobsidian
What does that equate to ?

Around £25 per share ; 75% premium to today's close ?

Yet another vertical move in the share price of AU.

Will be sad to see the departure of AU. from the FTSE100, wild and irratic share though it has been.
Posted at 18/8/2011 15:02 by bobsidian
Wow!

The share price of AU. only seems to know how to move in straight lines - straight up, straight down.
Posted at 27/7/2011 13:03 by wapper
Bought 5000 @ £17.10 T20 this morning.

DJ MARKET TALK: Autonomy Results Very Good -Jefferies

1105 GMT [Dow Jones] Autonomy's (AU.LN) 2Q results are a very good set of numbers, with strong organic growth reflecting acceleration in the Cloud business and a particularly strong outturn in Original Equipment Manufacturer revenue, says Milan Radia at Jefferies International. Adds that profitability and margin are significantly ahead of estimates. Reiterates buy rating and 2200p target. Shares +5% at 1738p.

DJ MARKET TALK: Autonomy Shows Positive Cloud Momentum -Goldman

1114 GMT [Dow Jones] Autonomy (AU.LN) 2Q revenues are in line with expectations, but the company is showing "positive cloud momentum," Goldman Sachs says. "Following the recent pullback in the shares, we expect 2Q results to have a positive share price impact, given the encouraging underlying metrics - particularly related to the cloud business, where we see scope for significant acceleration," GS says. Goldman Sachs' estimates and price target are under review pending the analyst conference call. Its recommendation is buy. The stock trades +5.5% at 1738p, making it top FTSE 100 riser.

DJ MARKET TALK: Autonomy Leads FTSE 100 On Estimate Beating 2Q

1104 GMT [Dow Jones] Autonomy (AU.LN) +5% at 1738p, leading the FTSE 100 index after 2Q results beat market expectations, according to traders. The group says 2Q profits are up 8.1% and it expects an increase in profitability in the 4Q. Panmure Gordon's analyst George O'Connor says the results are better than what he was looking for and describes the outlook statement as encouraging. Also notes that areas in which the bears focus on such as day sales outstanding [DSO] - which measures the average number of days that it takes to collect revenues - deferred revenue and cash generation, are all very positive. "The shares should do well in the wake of this; expect target price increases," adds O'Connor. Panmure currently rates Autonomy at buy with a 2045p target.
Posted at 27/7/2011 12:28 by alan@bj
Usual trend with AU. is for the share price to rise BEFORE the results, then tank on the day. This makes a pleasant change. How long until the bears find fault?
Posted at 24/11/2010 19:19 by luafc
OW:

Not sure. The trouble is his acquisition plans are not "long term". To come out with a pseudo profit warning, then retract it effectively, then say nothing until today when surely there was an earlier opportunity to signal timing slippage is not helpful to credibility and in turn the share price.

A weaker share price undermines acquisition plans through a weaker negotiation stance and/or can lead to overpaying. We're at a stage now where withdrawing from an acquisition altogether would also probably lead to a share price setback.

It's not been a good year from Lynch.

All that said, ML is no slouch. You don't lose talent overnight. Everybody deserves some slack sometimes. I remain confident in this company - it has fantastic products and clients.

The other thing for me is this. There is surely limited downside from here. If the City really knocks the price hard, by which I mean back to £10 or less, AU. will simply fold into a US gorilla for a decent premium. The price, however, will probably not be as high as has been touted in some quarters earlier this year.
Autonomy Corporation share price data is direct from the London Stock Exchange

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