Aveva Share Discussion Threads

[miahkaysor] 09/7/2013 18:14

sharw, if i bought 300 of these bfore Friday, how many will i receive on Monday? Some help will be apprct.

[broadwood] 09/7/2013 16:44

Held its gains which is impressive to say the least.

[broadwood] 09/7/2013 16:04

Unstoppable.

[sharw] 09/7/2013 15:06

WOW again - I thought it had levelled off but in the last half hour it has smashed through the £25 barrier. Of course this is the last week of trading of the "old" shares. 16 shares bought today will be 15 shares plus £23.52 on Monday.

[broadwood] 09/7/2013 13:59

WOW - just come in to see this. Happy day.

[sharw] 09/7/2013 12:06

The market certainly liked it - just beaten the previous all-time intraday high of 2478 set on 29/5/13

[broadwood] 09/7/2013 07:09

Very satisfactory statement.

[sharw] 18/6/2013 16:16

This is to remind you that we have a share consolidation coming up to maintain comparability after the special dividend - 15 for 16. Most broker nominee a/cs have a clause in their T&C that means that you will lose any fraction and with a price around £24/share that is a nice little earner for brokers. A friend of mine who had a free deal in hand sold a single share this morning (his holding was an exact multiple of 16 plus 1) thereby saving himself (and depriving his poor broker of) around £22.50

[broadwood] 18/6/2013 14:10

OK - found it.


Citigroup AVEVA Group PLC 18/06/2013 Upgrades Neutral Buy 2 2,450.00 2,450.00 2,252.00 0 2

[broadwood] 18/6/2013 14:06

Wow, fantastic rise today.

Can't see why yet. Anybody have any ideas?

[bones] 01/6/2013 21:23

http://www.maritime-executive.com/article/AVEVA-Exhibits-at-NorShipping-2013-2013-05-29/

May 29, 2013
AVEVA Exhibits at Nor-Shipping 2013

Showcase includes Integrated Engineering & Design and Information Management solutions for the marine and offshore industries

By MarEx

AVEVA announced that it is exhibiting at Nor-Shipping 2013 taking place 4-7 June in Lillestrøm, Norway. On booth B04-26 in Hall B, AVEVA staff will be on hand to discuss and demonstrate its Integrated Engineering & Design and Information Management products.

The showcase will include:

- AVEVA's Integrated Engineering & Design products from the AVEVA Marine portfolio, an integrated suite of software for the design and construction of every type of ship and offshore project.

- Laser scanning and how AVEVA's portfolio of products such as AVEVA Laser Model Interface and LFM Server can assist with ship modification projects and offshore revamp projects.

- AVEVA Bocad Offshore which provides a powerful toolset for the design, detailing, fabrication and construction of every type of steel structure.

- AVEVA Everything3D, AVEVA's brand-new plant design software, that drives the adoption of Lean Construction by enabling EPCs working on Offshore projects to break down barriers between design and construction, reducing overall project cost, schedule and risk.

- The integrated AVEVA Enterprise Resource Management suite of applications that support the entire ship design and production process.

Thomas Branden, Country Manager, EMEA-North comments, "Nor-Shipping is the ideal opportunity for our customers and prospects to see AVEVA showcase its continual commitment to the marine and offshore industry. We are demonstrating not only our breadth of Integrated Engineering & Design, but how we can offer enterprise resource management capabilities across the entire engineering project management and execution process."

[bones] 25/5/2013 21:47

http://www.businessweekly.co.uk/hi-tech/15433-aveva-growth-will-get-nuclear-charge

Thursday, 23 May 2013 08:39 Tony Quested

AVEVA growth will get nuclear charge

AVEVA CEO Richard Longdon has forecast a fresh surge of global growth for the Cambridge UK engineering technology business after a thumping set of full year results and signs of a potential bonanza in oil & gas and the nuclear power new-build sector in China and India.

Profit-takers were up with the lark to cash in on the international powerhouse that AVEVA has become. It started the day with a market cap of £1.56 billion.

AVEVA's full-year revenues were up 12 per cent to £220.2 million, pre-tax profit 10 per cent ahead to £63.6m and net cash increased six per cent to £190.4m. The company saw good growth from Engineering & Design Systems, where revenue was up 10 per cent to a record £189.5m.

Longdon has presided over another excellent year of growth for a business that started life as government roll-out CADCentre within Cambridge University in 1967.

He said: "As a truly international company selling world leading technology into global industries we have been able to benefit from the positive fundamentals in many of our markets.

"Our goal is to deliver sustainable, strong, long-term earnings growth. Our global platform and technology leadership have been key to delivering this expansion, even during a period of severe economic uncertainty.

"We expect to see further growth in the Oil & Gas industry in coming years and a solid demand backdrop in Power, underpinned by nuclear new-build in China and India in particular. Against this backdrop we view the outlook for 2013/14 with confidence."

Longdon was particularly pleased the the company had been able to expand its technology portfolio during the year. He said: "From a technology perspective it has been a most exciting year and we continue to build on our leadership position.

"We have delivered the successful commercial launch of AVEVA E3D, a major new platform focused on plant design for 'lean construction', which we believe will create significant efficiencies for our customers and raise the competitive benchmark for the plant design industry.

"We have also released a number of other exciting new products in the schematics and enterprise solutions portfolios. We also continue to add to our technology capabilities through acquisition, with Bocad and Global Majic both being acquired during the year."

Territory-wise EMEA (Europe, Middle East and Africa) once again delivered good growth with revenue up 15 per cent over the prior year with expansion within the larger global EPCs and owner operators the key drivers together with strong regional performance in the UK, Russia and Middle East.

Revenue growth in the Americas was three per cent and was negatively affected by a slowdown in Brazil, where demand was impacted by delays in project awards to customers.

"We do expect the situation to improve in 2013/14 and see the long-term market opportunity as undiminished," said Longdon.

In Asia Pacific, AVEVA saw its China operations continue to make progress, with strong licence growth over the previous year despite the continued subdued demand in Marine across the region.

Total headcount over the year increased by 262 people to 1,317. The company provides engineering design, information management solutions and CAD/CAM software; including specialised technology consulting services for the plant, power and marine industries.

[major clanger] 24/5/2013 17:09

Today\'s broker recs (link at the bottom of the article for yesterday\'s):

http://www.brokerforecasts.com/news/article/articleId/4601998

[bones] 24/5/2013 16:52

Nothing special though:

Credit Suisse reiterates neutral on AVEVA Group, target raised from 2013p to 2240p
24 May 2013 | 12:10pm
StockMarketWire.com -
Story provided by StockMarketWire.com

[broadwood] 24/5/2013 16:40

Engineering data and IT group AVEVA was extending gains after yesterday's results in which it revealed a 100m pound cash return to shareholders. Credit Suisse raised its target price for the shares this morning

[broadwood] 24/5/2013 10:11

One of several. Most showing a TP around 2500.


Investec AVEVA Group PLC 24/05/2013 Retains Buy Buy 0 2,450.00 2,500.00 2,303.00 50 2

[broadwood] 24/5/2013 08:13

Showing some initial strength after a choppy market yesterday.

I expect these to go higher over the next few days/weeks. dyr

[broadwood] 23/5/2013 16:42

Engineering software company Aveva reported a 12 per cent rise in revenue on the back of growth in its Enterprise Solutions and Engineering & Design Systems divisions.

The group posted revenue of £220.2m for the year to end of March, up from last year's £195.9m.

Profit before tax climbed 10% to £63.6m from £57.7m, while basic earnings per share increased 14% to 66.97p from 58.86p.

"Aveva delivered another excellent year of growth in 2012/13," said Chief Executive Officer, Richard Longdon.

"As a truly international company selling world leading technology into global industries we have been able to benefit from the positive fundamentals in many of our markets."

The Enterprise Solutions division, which provides software and support for ongoing information management, achieved a 31% rise in revenue to £30.7m as it gained on returns on investments.

The Engineering & Design Systems business, which provides software solutions for the design and construction of assets in the Plant, Power and Marine industries, continued to benefit from global growth trends oil, gas and power. Revenues rose 10% to a record £189.5m driven by demand from engineering, procurement and construction customers.

In the year ahead the group expects to see further growth in the oil and gas industry. Aveva also anticipates a return to profit in Latin America as project delays subside and the spending freeze unwinds.

"Against this backdrop we view the outlook for 2013/14 with confidence," Longdon added.

[sharw] 23/5/2013 12:06

Today's presentation is available at

At least they are doing this now, but unlike other large companies they cut out before the analysts' Q&A session, which is often the most interesting part.

[broadwood] 23/5/2013 07:10

Great results - and this as a bonus.




AVEVA is committed to generating returns for our shareholders whilst maintaining a strong balance sheet to provide adequate resources for future investment and growth. In light of the Group's strong performance and strong cash generation over many years, the Board is proposing the return of cash to shareholders of approximately GBP100 million in the form of a special dividend, which is expected to be paid in August 2013. The Board is also recommending the special dividend is accompanied by a share consolidation to maintain, as far as possible, the comparability of the share price before and after the special dividend. The special dividend and share consolidation will be subject to shareholder approval at the AGM on 9 July 2013. The ex-dividend, record and payment dates for the special dividend and the share consolidation factor will be set out in the AGM circular for shareholders

[broadwood] 20/5/2013 14:15

Results Thursday. Had a nice little run since the Trading statement. Can't imagine too much has changed.

[broadwood] 08/5/2013 12:06

Sanlam Securities has lifted its rating for engineering data and IT group AVEVA from 'sell' to 'hold' after an in-line pre-close trading update removed short-term risks to forecasts.

"The update is positive in that AVEVA has been able to withstand a slowdown in the Latin America region through resourcing constraints. This was previously an important engine of growth for the business, and we suspect the Chinese subsidiary must have performed very well in Q4 to compensate."

[broadwood] 01/5/2013 09:42

Still re-rating after those results.

[broadwood] 24/4/2013 16:58

More of the same today.