28/05/2015 23:01:22 Cookie Policy Free Membership Login

Aveva Grp Share Chat - AVV

Share Name Share Symbol Market Type Share ISIN Share Description
Aveva Grp LSE:AVV London Ordinary Share GB00BBG9VN75 ORD 3 5/9P
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.00 -0.30% 1,982.00 1,974.00 1,979.00 2,013.00 1,962.00 1,975.00 165,437 16:35:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 208.7 54.9 65.1 30.5 1,267.45

Aveva Bulletin Board

DateSubjectDiscuss
21/5/2015
15:35
Pretty irrelevant should a bid come along. Citigroup downgraded its stance on Aveva to 'neutral' from 'buy' saying the valuation is up with events. While it continues to believe that Aveva is a high quality mid-cap name, Citi said that after the recent run - the shares are up 53% year-to-date - driven at least in part by ongoing bid speculation, the shares are trading at a significant premium to historic multiples. "We highlight Aveva's share price and multiples have historically shown a strong correlation with the oil price. With Citi economists forecasting little recovery in oil prices ($75 per barrel by December 2016), we struggle with the recent move, and the resultant premium valuation and downgrade the stock," said Citi. It said the key to drive the shares further from here would be progress on a number of key strategic initiatives and a further recovery in end markets. Citi group said the business remains well placed for solid growth given its strong market positioning and uptake of its E3D software. Citi raised its target price on the stock to 2025p from 1745p as it introduces its long-term discounted cash flow growth assumptions.
by broadwood on Aveva - The UK's World ranking software house
20/5/2015
08:37
Where's this skyrocket going to stop? Happy to ride it for the time being.
by ruethewhirl on Aveva - The UK's World ranking software house
20/5/2015
08:35
Off and running again.
by broadwood on Aveva - The UK's World ranking software house
18/5/2015
15:38
- Engineering software company Aveva Group PLC is understood to be an acquisition target for a slew of US and European suitors, The Sunday Times reports. Senior City sources told the newspaper that Aveva is likely to be targeted by French energy group Schneider Electric SA, US conglomerate General Electric Co, and US-based manufacturer Emerson Electric Co. Aveva is set to publish its full-year results on Tuesday following a difficult year compounded by a profit warning it issued in September
by broadwood on Aveva - The UK's World ranking software house
18/5/2015
15:34
Engineering software group Aveva topped the risers on weekend reports that it could be an acquisition target of Schneider Electric, General Electric and Emerson Electric
by broadwood on Aveva - The UK's World ranking software house
18/5/2015
13:30
There was an interesting discussion this morning here: http://ftalphaville.ft.com/marketslive/2015-05-18/ There are two sections (search Aveva or AVV to get straight to them). You may need to register but that is free.
by sharw on Aveva - The UK's World ranking software house
18/5/2015
08:37
Fantastic, if true. Emerson to be joined by others. Striking whilst the oil price is low?
by broadwood on Aveva - The UK's World ranking software house
17/5/2015
22:36
"A PACK of European and American conglomerates are plotting bids for Aveva, the £1bn British engineering software developer." hxxp://www.thesundaytimes.co.uk/sto/business/Tech_and_Media/article1557075.ece
by ruethewhirl on Aveva - The UK's World ranking software house
15/5/2015
09:59
Any more upward on this ?
by stevenrevell on Aveva - The UK's World ranking software house
06/5/2015
23:36
Nice uplift.
by ruethewhirl on Aveva - The UK's World ranking software house
21/4/2015
16:38
Must admit I was puzzled by the underwhelming reaction to yesterday's results - but more than made up for it today.
by broadwood on Aveva - The UK's World ranking software house
20/4/2015
17:16
A short trading update from engineering software group Aveva received a mixed reaction from the market on Monday, though Numis Securities reiterated its positive rating on the stock. The broker, which maintained an 'add' recommendation, said the company is a "world-class business" with a powerful position and long-term favourable product cycle, despite challenges affecting some markets. Aveva said it expects results for the year to 31 March to be in line with market expectations, which Numis said implies revenues of £208m and a pre-tax profit of £61.5m. While this will be down on the £237.3m and £78.3m reported for last year, respectively, owing to some tough end-market conditions, Numis said "this is an excellent result and testament to the strength of AVEVA's products, customer relationships and staff". It added: "There is no additional detail in the statement, but from talking to management we understand that, reassuringly, the performance was 'balanced' with no particularly exceptional deals." The stock's current valuation "does not feel aggressive to us", Numis said.
by broadwood on Aveva - The UK's World ranking software house
20/4/2015
07:41
Resilient update. Engineering software group Aveva has delivered a short, albeit positive, pre-close trading update which said annual results should meet analysts' forecasts. The company, which works in the oil & gas, mining, power, chemical, paper and marine industries, said that figures for the financial year ended 31 March "are anticipated to be in line with market expectations. "The board believes that this result, which has been achieved in mixed market conditions, positively reflects the resilience of the underlying business model," the group said in a statement on Monday. Aveva, which is due to announce its results on 19 May, is expected to report a pre-tax profit of £60.2m on revenues of £207.9m, down from £69.0m and £237.3m the year before respectively. The company had said back in January that it was experiencing "increased uncertainty and reduced visibility" in the oil and gas market, which drives around 45% of group revenues
by broadwood on Aveva - The UK's World ranking software house
16/9/2014
09:46
£14M of revenue gone from the period due to currency and timing. Currency washes out over the medium term (indeed it's already nearer 1.60 than 1.70 now). They go up and down. And timing, well - it's timing: "the timing of renewals will result in more revenue falling into the second half of the current financial year compared to previous years". So it looks like this currency soiled revenue will get booked somewhere along the line and make it into the annual report. Let's try inverting the situation - take this IMS: "Revenue is expected to benefit by £14M though weakened currency and the bringing forward of some revenues. Second half revenues will be lower than usual due to these accelerated bookings". Result? Gain in market cap of £300M. That would seem a little overdone to me.
by ocaudillo on Aveva - The UK's World ranking software house
12/9/2014
18:11
http://ftalphaville.ft.com/marketslive/2014-09-12/ Quite a bit of coverage here.
by ohisay on Aveva - The UK's World ranking software house
12/9/2014
13:19
In at 1665 earlier, will get my people on it before taking a bigger position.
by tweeeek on Aveva - The UK's World ranking software house
12/9/2014
11:59
Agreed NY Boy. A savage mauling followed by a bit of press bid speculation over the weekend should give us a bit of a lift on Monday. In too early here at 1700p
by gunnerman on Aveva - The UK's World ranking software house
12/9/2014
11:26
Bought a few for the pension fund 1660p, like the take over rumours now this has had a nice fall of 20%+
by ny boy on Aveva - The UK's World ranking software house
12/9/2014
10:40
My bird Sheila told me to wait till £5.19..i'm gonna listen to her Hope this helps
by sanks on Aveva - The UK's World ranking software house
12/9/2014
10:28
is this sell off a lttle overdone?
by sos100 on Aveva - The UK's World ranking software house
12/9/2014
08:25
off 22 % at open seemed excessive
by abcd1234 on Aveva - The UK's World ranking software house
12/9/2014
08:19
This must be an excessive over-reaction and I am looking for the courage to buy some more. Cash looks good, after all.
by godwin2 on Aveva - The UK's World ranking software house
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