Abb Share Discussion Threads

[ariane] 10/11/2006 09:50

Deutsche Bank Raises ABB's Target On 3Q Data

Friday, November 10, 2006 4:05:27 AM ET
Dow Jones Newswires



0749 GMT [Dow Jones] Deutsche Bank lifts ABB's (ABB) price target to CHF23 from CHF20 on better-than-expected profitability in 3Q and higher '07 and '08 estimates. The bank says margins could reach 13% by '08 and 14.5% in a bullish scenario. Has a buy rating. Shares closed Thursday at CHF19.25 Thursday. (MGE)

[grupo guitarlumber] 07/11/2006 13:40

higher volumes today

[sheeneqa] 06/11/2006 12:13

ABB technology to boost Italian transmission grid
Nov. 6 - Italy has one of the biggest power deficits in the world but faces strong public opposition to the building of new power plants. What to do? ABB is helping Terna, the transmission grid operator, to bridge the capacity gap with a sophisticated and sustainable solution.

[grupo guitarlumber] 04/11/2006 06:17

Headline:ABB motors for Singapore reservoir
Publication date:02 November 2006


ABB motors have been selected to stabilise water levels in a giant freshwater reservoir which forms part of a dam and tidal barrier system being built to protect Singapore from flooding.



When completed in 2007 the giant Marina Barrage tidal barrier will span the 350m wide Marina Channel and separate downtown Singapore from the open sea of the Singapore Strait. The barrage will create a giant freshwater reservoir that will supply one-sixth of the city-state's needs for drinking water while protecting low-lying districts from high tides and monsoon flooding.


The reservoir will help meet Singapore's growing demand for water. By 2011, consumption is expected to increase by about one-third. About 50 per cent of Singapore's potable water is now imported from Malaysia.


When the reservoir water level rises during the monsoon rains, seven high-capacity pumps driven by seven ABB motors will keep the water level stable and prevent it from spilling over into nearby areas that are prone to flooding.


Singapore's national water agency PUB selected ABB's 1600 kilowatt, 6.6 kilovolt medium voltage motors and three alternators to supplement the power supply and provide standby power during blackouts.


To view the article online, visit:

[sheeneqa] 31/10/2006 16:32

Dinesh Paliwal Head of global markets and
technology and member of
Group Executive Committee

Transaction date: 27-Oct-2006
Notification date: 31-Oct-2006
Purchase/Sale: Sale
Issuer: ABB Ltd
Address: Affolternstrasse 44, CH-8050 Zurich
ISIN (International Security Identification CH0012221716
Number):
Security: Share
Place: New York
Nominal value: CHF 2.50
Number: 198,000
Currency: USD
Price per share: USD 15.03
Volume: USD 2,975,940

[sheeneqa] 30/10/2006 16:42

Good exchange to CHF if your base is sterling, see these at 25chf by the turn of the year!

[nephin] 30/10/2006 16:32

I went into JMI chaps, I'm a sucker for a stunning chart and this one looks like Nicole Kidman on toast. Absolutely irresistible!

[ariane] 30/10/2006 13:05

nice one nephin

[ariane] 30/10/2006 10:48

ABB wins 50 mln usd order to strengthen power supply in Mexico

ZURICH (AFX) - ABB LTD said it has won contracts worth 50 mln usd for two
projects to strengthen Mexicos power supply.
The contracts -- awarded by the Mexican state-owned utility Comision Federal
de Electricidad -- will enlarge the transmission and distribution network in
different parts of the country, the Swedish-Swiss engineering group said.
One project will involve ABB assembling and installing high-voltage
equipment in the northern and south-eastern states of Aguascalientes, Chiapas,
Coahuila, Veracruz and Zacatecas.
For the other project, ABB will supply 115 kV gas-insulated switchgear (GIS)
to a substation in the state of Oaxaca, ABB said.
[e-mail]
jmt/vb

[nephin] 29/10/2006 18:48

Hello waldron

I too have read the book by the American dancer and I also like his method of trading (Buy high and sell higher)

I was attracted to this share by its chart - I am not a chartist you understand but when you have been moving in & out of shares for a few years you do tend to get a feeling about these things.

My favorite type of chart is the patten of a steep fall from it's initial placing followed by a strong upward recovery e.g. VEL and UMN.

But I have also found that a chart like ANN's is also very interesting because it is a pure momentum chart, very similar to CKSN, and also MCA before it broke through it's previous high.

These type of charts just seem to carry on under their own steam until we hit another market down turn like last May.

The reason that I am looking at ANN is because I have a reasonable holding in AHT which I am going to sell first thing tomorrow (This share seems to be able to talk the talk but not walk the walk) and I am sitting here deliberating between going into ANN, or CKSN, but I have to say that the in my opinion the most compelling chart on my radar at the moment is JMI - anyway, I live on the west coast of Ireland and tomorrow is a Bank Holiday so I will have plenty of time to deliberate over a cup of tea and a piece of toast in the morning.

I cannot post very regularly because we only have a very primitive internet service on the west coast (at least seven attempts to get a connection, which never lasts more than ten minutes - if it's raining no connection at all) but I will be in touch if I can get online later in the week sometime.

Good luck for next week.

Nephin

[waldron] 28/10/2006 17:16

nephin,

keep me posted from a chart viewpoint please.

i tend to work on the box volume principle a la Darvas.

[waldron] 28/10/2006 17:14

not sure at this early stage.

certainly on a personal level,i will sell a part holding before it reaches
usd 17 or sfr 21.42.

watch and wait there after and then hopefully in again more cheaply.

having said that, a friend of mine would totally disagree and await the ride
above usd§7 and sfr21.42.

Anyways a good Long Term Play imo.

cheers

[nephin] 28/10/2006 17:05

waldron:

Thank you for the info, the chart looks extremely promising.

What do you make of the threatened fine from the E.C.?

It obviously doesn't bother the Americans.

[waldron] 28/10/2006 15:51

Nephin,

ABB "overweight," target price raised

Thursday, October 26, 2006 2:58:40 PM ET
Prudential Financial

NEW YORK, October 26 (newratings.com) - Analysts at Prudential Financial reiterate their "overweight" rating on ABB Ltd (ABB.NYS). The target price has been raised from $16 to $17.

[waldron] 28/10/2006 15:46

Fri 17:47 EU to fine suspected cartel in power generation equipment - sources AFX UK Focus
LONDON (AFX) - The European Commission is reportedly poised to slap fines before the end of the year on a suspected cartel in power generation equipment, sources said.

Although the amount of the total fine to be lodged against the firms involved has not yet been set, it could in theory reach 10 pct of annual sales.

Among the companies facing action are French groups Schneider, Alstom, and Areva, German conglomerate Siemens, Swiss-Swedish engineering group ABB, Austrian group VA Tech and Japanese companies Mitsubishi and Hitachi, sources familiar with the case said.

Acting on a tip-off, regulators conducted raids on the groups' premises in May 2004. Two years later, the EU competition watch-dog took the final step before official sanctions against them by issuing statements of objections.

The European Commission reportedly suspects that the companies may have jointly fixed prices and carved up the market among themselves for gas-insulated switchgear, used to control the flow of energy in electricity grids at power sub-stations.

EU Competition Commissioner Neelie Kroes has waged an anti-cartel campaign this year, targeting about 10 cartels, nearly double last year's figure. [e-mail] afp/rw

[nephin] 27/10/2006 17:36

waldron:

You have a very impressive knowledge of this company, is this share quoted in New York?

Thanks for your time.

[waldron] 27/10/2006 11:01

Citigroup Lifts ABB's Target To CHF19.2

Friday, October 27, 2006 6:19:44 AM ET
Dow Jones Newswires



0859 GMT [Dow Jones] Citigroup lifts ABB's (ABB) price target to CHF19.2 from CHF17.6 due to the expected increased profitability in the quarters ahead. Bank also upgrades earnings estimates by 6.4%, 12.8% and 12.5% for '06, '07 and '08. Now expects '06 EPS at $0.66, '07 EPS at $.088 and '08 EPS at $0.99. Shares trade +2.2% at CHF18.85. (GOM)

[waldron] 27/10/2006 09:19

Goldman Sachs Lifts ABB 06, 07 EPS Targets

Friday, October 27, 2006 4:49:02 AM ET
Dow Jones Newswires



0727 GMT [Dow Jones]--Goldman Sachs lifts ABB's (ABB) '06 and '07 EPS targets to $0.64 from $0.59 and $0.84 from $0.78, respectively, after the company's strong 3Q earnings. It says ABB is likely to profit from buoyant end markets and its ability to push trough price increases as well as benign a tax rate. Shares trade +1.6% at CHF18.75. (GOM)

[waldron] 27/10/2006 08:21

JP Morgan Lifts ABB's Target To CHF20

Friday, October 27, 2006 3:49:01 AM ET
Dow Jones Newswires



0627 GMT [Dow Jones] JP Morgan lifts ABB's (ABB) target to CHF20 from CHF18 based on strong orders and margins in 3Q earnings. Rates at overweight. Shares indicated +0.4% at CHF18.53 pre-market. (KAB)

[waldron] 27/10/2006 06:57

ABB "overweight," target price raised

Thursday, October 26, 2006 2:58:40 PM ET
Prudential Financial

NEW YORK, October 26 (newratings.com) - Analysts at Prudential Financial reiterate their "overweight" rating on ABB Ltd (ABB.NYS). The target price has been raised from $16 to $17.

[waldron] 26/10/2006 10:42

ZKB Expects Analysts To Raise ABB Estimates

Thursday, October 26, 2006 5:34:30 AM ET
Dow Jones Newswires



0816 GMT [Dow Jones] ABB's (ABB) strong 3Q report is likely to trigger profit estimates increases by analysts, says Mark Diethelm at Zuercher Kantonalbank. ZKB will raise its EPS estimates for '07, after the company published a strong order intake and better operating margins to above 10%, beating the company's medium-term goal set in September '05. Keeps at overweight. Shares trade +2.7% at CHF18.8 (GOM)

[waldron] 26/10/2006 08:15

ABB To Continue To Outperform - Credit Suisse

Thursday, October 26, 2006 3:49:00 AM ET
Dow Jones Newswires



0628 GMT [Dow Jones] ABB's (ABB) strong 3Q data suggests the company's shares - albeit highly valued compared to peers - are set to continue rising and outperform the sector thanks to continued high sales and orders growth and profitability improvements, says Credit Suisse. Keeps Stock at outperform, CHF21 price target. Shares closed Wednesday at CHF18.3. Pre-market, the stock was indicated +2.3% at CHF18.72. (GOM)