Share Name Share Symbol Market Type Share ISIN Share Description
Aveva Group LSE:AVV London Ordinary Share GB00BBG9VN75 ORD 3 5/9P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.00p -0.27% 2,630.00p 2,629.00p 2,632.00p 2,636.00p 2,603.00p 2,609.00p 19,674 13:04:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 215.8 46.9 59.5 44.2 1,682.57

Aveva Share Discussion Threads

Showing 876 to 894 of 900 messages
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
DateSubjectAuthorDiscuss
16/11/2017
10:11
AVEVA shares jump as JP Morgan turns positive on the stock after 'impressive' set of interims 09:53 16 Nov 2017 JP Morgan Cazenove has upgraded AVEVA to ‘overweight217; from ‘neutral’; AVEVA AVEVA's interims were ahead of consensus forecasts AVEVA (LON:AVV) was trading almost 4% higher after a heavyweight investment bank turned positive on shares in the FTSE 250 engineering software specialist. JP Morgan Cazenove moved to ‘overweight217; from ‘neutral’; on the stock, pushing its target price up by £4 a share to £32. At 9.30am the shares were changing hands for £26.28 (up 99p). The re-assessment followed an “impressive221; set of interims, with top- and bottom-line growth beating consensus. This and solid showing from the new Schneider Software business represented an “inflection point after two years cyclical declines”, said JPMC. It expects a number of factors to combine and propel the business forward, including an acceleration in organic growth, synergies from the merger with Schneider and the appointment of a new chief executive. “More broadly, we like the proposed combination of Aveva and Schneider Software, and believe the combined products and more diversified end markets offer a compelling story and are positioned well to become a global leader in industrial software,” the bank said in a note to clients. Of the seven analysts logged as following AVEVA by the Broker Forecasts site, five are in the ‘buy’ camp alongside JP Morgan Cazenove. The remainder think the stock is fully valued. The consensus price target currently stands around £26.
the grumpy old men
14/11/2017
17:19
Good results today - the webcast of the presentation at: hTtps://edge.media-server.com/m6/p/pfvqxbji is worth listening to. Picking up some new shipyards in the far east was good. Of course, those were the last results from the company as we know it. Next results will be post merger.
sharw
02/10/2017
16:31
Directors buying immediately before the closed period and with the share price near a 3 year high should inspire confidence.
sharw
05/9/2017
19:49
Http://news.sky.com/video/aveva-merger-a-great-opportunity-11022165
sarkasm
05/9/2017
17:42
See all the big boys trades were held/kept for after hours trading.
slingerman
05/9/2017
13:55
Aveva would maintain its listing on the London Stock Exchange and remain headquartered in Cambridge, U.K. Write to Ben Dummett at ben.dummett@wsj.com and Nick Kostov at Nick.Kostov@wsj.com (END) Dow Jones Newswires September 05, 2017 06:32 ET (10:32 GMT)
sarkasm
05/9/2017
12:58
Patience rewarded.
broadwood
05/9/2017
12:52
Hmm so 1014p return to shareholders after completion... price should be in the 3000+
losses
05/9/2017
12:46
Http://uk.advfn.com/stock-market/london/aveva-AVV/share-news/AVEVA-Group-PLC-Combination-of-AVEVA-Schneider-E/75574960 EXTRACT at an offer price not less than a 20% premium to the 30-day volume weighted average of the Enlarged AVEVA Group's share price immediately prior to the commencement of the offer period during which such offer is made and is recommended by a majority of the Enlarged AVEVA Group independent Non-Executives (or includes an acceptance condition which requires the acceptance of the offer by a majority of the other shareholders in the Enlarged AVEVA Group); or -- recommended by a majority of the Enlarged AVEVA Group's independent Non-Executive directors; -- Thereafter, Schneider Electric will be under no restrictions on further acquisitions of shares or offers; -- In the event that the Enlarged AVEVA Group is de-listed, the relationship agreement will be terminated and all protections set out therein will cease to apply; and -- Schneider Electric and AVEVA have also entered into a series of operational agreements to govern the commercial relationship between the Enlarged AVEVA Group and Schneider Electric post completion, including the generation of synergies for the benefit of both parties. Timetable A combined prospectus and circular (the "Prospectus") in relation to the Combination and convening a general meeting of AVEVA shareholders on 29 September 2017 (the "General Meeting") is expected to be published by AVEVA tomorrow, 6 September 2017. Completion, which is expected to be at or around the end of 2017, is subject to the satisfaction of a number of conditions including, amongst other things, applicable regulatory and anti-trust approvals having been obtained, AVEVA shareholder approval of the Combination, and re-admission of the Enlarged AVEVA Group. The Return of Value is conditional on completion, the AVEVA shareholders passing the relevant resolutions at the General Meeting and re-admission of the Enlarged AVEVA Group. The Return of Value will be made at or around completion. Recommendation The Board of AVEVA, which has been so advised by Lazard as to the financial terms of the Combination, considers the terms of the Combination to be fair and reasonable and in the best interests of AVEVA shareholders as a whole. In providing advice to the Board, Lazard has taken into account the Directors' commercial assessments. Accordingly, the Board unanimously recommends AVEVA shareholders to vote in favour of the Combination, as they intend to do in respect of their own beneficial shareholdings.
the grumpy old men
05/9/2017
12:32
What's the takeover price at anyone?
losses
05/9/2017
10:40
Buy Cairn property a real investment with real profits and real multibagger prospects, not jam tomorrow like most of the AIM rubbish! https://www.irishtimes.com/business/construction/cairn-homes-profit-jumps-191-as-sales-ramp-up-1.3209978
twaintwix
05/9/2017
09:11
5 September, 2017 - 09:48 By Tony Quested AVEVA and Schneider finally create £3bn Cambridge powerhouse James Kidd Aveva At the third time of asking, software group AVEVA and French business Schneider Electric have agreed a deal that will create a technology powerhouse in Cambridge worth around £3 billion employing some 3,500 people. AVEVA is to merge with the software arm of the French energy group but the deal will be treated as a reverse takeover even though Schneider is acquiring a majority stake (60 per cent) in the Cambridge business. AVEVA will remain headquartered in Cambridge and stay listed on the UK stockmarket. With interim CEO James Kidd (pictured) set to step down from the head role, the appointment of a new chief executive will be absolutely key to the successful integration of the businesses. Kidd will continue as an executive. The deal collapsed twice because the boards failed to agree terms but AVEVA’s former CEO, Richard Longdon, who stood down at the end of last year, has always maintained that it would be transformational for the business and sensational for Cambridge – creating the cluster’s biggest hitter in terms of market cap, even ahead of ARM. The deal creates a global leader in engineering and industrial software with an unmatched breadth of product offering. Some £550 million of cash is being contributed by Schneider Electric and £100m of excess cash on AVEVA’s balance sheet will be distributed to existing AVEVA shareholders at or around completion – expected by the end of 2017. The Schneider Electric software business has a global footprint spanning North America, Europe, the Middle East, Asia Pacific and Latin America with approximately 2,700 employees worldwide (including some 158 temporary employees and contractors). It has eight global research & development centres and 25 project execution centres. In the financial year to March 31, it generated revenues of $575.1m. The merger will also position the enlarged AVEVA Group as a strong player able to take advantage of future acquisitional opportunities. AVEVA’s existing non-executive directors will remain in place on completion. Philip Aiken will continue as non-executive chairman and Jennifer Allerton, Christopher Humphrey and Ron Mobed will carry on as independent NEDs of the enlarged AVEVA Group. The parties are in the process of selecting a new CEO and pledge an announcement as soon as possible. James Kidd will continue in the meantime and when a new CEO is appointed will become deputy chief executive and chief financial officer. AVEVA chairman Philip Aiken said: “The transaction will be transformational to AVEVA, creating a global leader in industrial software, which will be able to better compete on a global scale. “AVEVA will significantly expand its scale and product portfolio, increase its capabilities in the owner operator market, diversify its end user markets and increase its geographic exposure to the North American market, in line with our strategic goals. “The transaction is expected to provide significant value to our shareholders via the upfront cash payment and a significant ongoing holding in the enlarged AVEVA Group, which will benefit from synergies and a compelling equity story underpinned by an enhanced strategic positioning.”
the grumpy old men
05/9/2017
06:48
40% of a bigger business is probably worth the current share price. Add on 1000p in cash component and you get to 3000p. Should hit 2600 today imo
dealy
05/9/2017
06:10
Reverse takeover of Aveva. Should be an interesting day.
broadwood
04/9/2017
23:31
NO BUT TUESDAY MORNING SHOULD TELL ALL
ariane
04/9/2017
23:24
Interesting. Any prediction on share price if deal is announced?
dealy
04/9/2017
23:14
France's Schneider Electric SE is in advanced talks to take control of British engineering software provider Aveva Group PLC, according to people familiar with the matter, after previous talks to merge their software operations collapsed over terms. The current deal calls for Schneider, a global industrial giant, to fold its software assets into Aveva's operations and pay the U.K. company more than GBP500 million ($646.4 million) in exchange for a controlling stake in the combined entity, in a so-called reverse takeover, according to the people familiar with the matter. Aveva, with a current market value of about GBP1.2 billion, would maintain its stock listing on the London Stock Exchange and remain headquartered in Cambridge, the people said. A deal could be announced as soon as Tuesday. Sky News first reported the planned tie-up. The combination would create a larger industrial software provider, offering opportunity to cut costs, and access new customers by providing a broader range of products. Schneider has already targeted U.K. software companies in the past to bolster its industrial software business. In 2013, it agreed to acquire Invensys PLC for GBP3.31 billion to better compete against rivals such as Siemens AG, Mitsubishi Electric Corp. and Rockwell Automation Inc. Spun out of Cambridge University in 1967, Aveva provides engineering software to owners, operators and engineering contractors that operate in the power, oil and gas, marine and paper and pulp sectors among others. It employs more than 1,700 people across 30 countries. The deal comes at a time when the company is trying to reduce it reliance on the slowing oil and gas and marine markets. For the year ended March 31, Aveva grew revenue by 7% to GBP215.8 million from the prior year, benefiting in part from currency moves. Discounting that, revenue was down 3.8%. Schneider's software is used to help manage manufacturing processes, design tools and train plant crews. It services an array of industries ranging from transportation to food and beverages. The planned transaction is similar to the structure of the companies' previous attempt to merge their industrial software businesses back in July 2015. Then Schneider had agreed to combine its software assets with those of Aveva and pay GBP550 million in exchange for a 53.5% stake in the enlarged group. However, the deal collapsed after the two sides couldn't agree on final terms. Write to Ben Dummett at ben.dummett@wsj.com and Nick Kostov at Nick.Kostov@wsj.com (END) Dow Jones Newswires September 04, 2017 18:03 ET (22:03 GMT)
ariane
24/7/2017
14:58
FT alvaville speculated about another Schneider bid a few weeks ago as well. Been adding on the dips since. Credit Suisse just upgraded on Friday so plenty of support
blue meaning
23/7/2017
23:32
Can't believe Schneider are "circling" again, and there's hardly a ripple in the share price and hardly a murmur on this board. Surely turning into a case of believing half of what you see and none of what you hear with AVV? Sold my holdings 6 months ago and have done okay elsewhere.
ruethewhirl
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V: D:20171123 13:23:32