Aveva Share Discussion Threads

[hitchinhoncho] 30/9/2008 12:58

You are right, fortunately my forebodings were unfounded - so far.

[johnrxx99] 30/9/2008 11:20

Just grey I think.

[hitchinhoncho] 30/9/2008 10:32

You beauty, my only riser today, Black Tuesday.

[sharw] 19/9/2008 11:02

Altium agree with that - see TFNF in news in header.

[like2share] 18/9/2008 12:40

well oversold IMHO

[sharw] 25/8/2008 12:51

From Citywire 22/8:

"JP Morgan initiates coverage of Aveva with an overweight and £17 target".

[sonder] 20/8/2008 10:52

With what he bought back and shares he got as part of his package for FY08 he has more skin in the game from a value point of view than before he sold in Feb. He kept option shares that he paid over £15 for.

[spongman] 19/8/2008 13:37

Thanks WJCCGHCC,

thought he may pick up a few more.

from 19/02 rns; "Mr Longdon intends to repurchase around
400,000 shares at an appropriate time in future."

regrds
$pong

[wjccghcc] 19/8/2008 13:08

He repurchased 280k in March.

[spongman] 19/8/2008 12:47

A reasonable vote of confidence from Dave Wheeldon. Still looking for some of Richards money coming back in to really show the way.

regrds
$pong

[nickcduk] 13/8/2008 09:42

AVV continues to get dragged back by poor sentiment amongst its end user markets. Could see more weakness ahead before it bounces. I sense that funds are re-weighting their portfolios to reflect the outlook for oil prices and that might pressure the shares for a while yet. May add some if the share spikes down markedly intra-day.

[spongman] 05/8/2008 14:06

.... Now would be a great time for Richard Longdon to get his wedge back in!


Regrds
$pong

[spongman] 05/8/2008 13:58

Thanks Nick.

The real reason they're not a one trick pony is that the configuration of their core software technologies to suit the shipbuilding industry is only a recent development. They have a a strong presence worldwide in the oil/gas and petrochem industries and in various other fields of engineering like pulping and nuclear. They also make a fair wedge out of the ongoing supply of consultancy services offering taylored 'one-stop' engineering design solutions. This however hasn't read through to some of the brokers recently and they have been 'tied' too much to shipbuilding IMHO with the obvious affect on sentiment.

Regrds
$pong

[nickcduk] 05/8/2008 13:45

Aveva Group's (AVV.LN) share price is down on the back of concerns about Korean shipbuilding, says George O'Connor at Panmure. "There are concerns about orders being canceled as Aveva has contracts with Daewoo Shipbuilding & Marine Engineering (042660.SE) and Hyundai Mipo Dockyard Co. (010620.SE)," he says. The two South Korean companies have recently canceled container ship order worth more than $800 million combined. Adds, however, the announcement on Monday that Aveva will be used by the Australian navy shows that the company "isn't a one trick pony." Keeps 1,304p price target and hold rating. Shares -4.8% at 1,400p

[spongman] 05/8/2008 13:42

Hope not nick; I've just filled my boots again!

(must admit though I had it down to just profit taking.)

regrds
$pong

[nickcduk] 05/8/2008 13:22

Korean Shipbuilders have had cancelled orders. There has obviously been read through over to AVV. Could fall a fair bit more from here in my opinion. Rating is very rich and any signs of weakness in its end user markets obviously won't help sentiment.

[sharw] 05/8/2008 13:16

Seymour Pierce reiterated its buy and £16.50 target this morning but the profit-takers seeem to have the upper hand at the moment.

[broadwood] 30/7/2008 13:47

Looks like we've just touched an all time high which is saying something at the moment.

[johnrxx99] 29/7/2008 13:57

what a come back with nearly a breakout. One of the few safe havens in these troubled time imo.

[broadwood] 23/7/2008 20:18

sharw - thanks, I'll have a look at it.

[sharw] 23/7/2008 17:53

broadwood - glad there's someone else around! If you want to learn more go to:



and click on the image under "in the media" to see the interview (at the time of the prelims).

[broadwood] 23/7/2008 17:38

sharw - you're not alone. I don't really understand the product but it seems loved around the world.

[sharw] 23/7/2008 17:16

Over a month with no posts - I must be the only one left. Well, at 16 16 today we had 2 trades equalling the all time high of 1570 on 17/6. Between then and now has been a nerve-wrecking big dipper - the reaction to the AGM statement was silly - if you look at last year's you will see that the AGM statement usually is fairly bland. It is the pre-close statement where we have become used to getting "likely to exceed expectations" views.

I don't think the point of today's statement has sunk in yet. The nature of a software business is that having developed the product, just about all of any incremental revenue falls straight through to the bottom line. As Richard Longdon so eloquently put it in the interview "all we've got to do is print off a couple more CDs".

[sharw] 16/6/2008 13:11

Friday's close was a new high of 1566. Now we have to hold our breath for the 10/7 statement.

Meanwhile I came across this interesting comment dated 28/5:

[essexlad] 30/5/2008 17:20

famous last words......