Aveva Share Discussion Threads

[sharw] 28/5/2011 12:24

Some interesting comments from analysts on the investment in Aveva.net in this article:

[lurgy] 27/5/2011 10:57

Why not pick a really big number? Hey, pe 45, let's go nuts.
Knowing Goldman's they'll be downgrading next week target 1000.

[nellie1973] 27/5/2011 07:28

Broker upgrade Goldman target 2500p

[grigor] 26/5/2011 13:41

Quiet is good!

This is a boring successful company with a good outlook, good balance sheet, strong postion in its markets, and gaining from the rise in the price of oil, the cost of energy and increasing trade.

I'm holding until oil reaches $150 a barrel again.

[sharw] 26/5/2011 12:56

Like thearcticfox, I can't believe how quiet this thread is. Another good set of results yesterday but the market pushed the price down before it bounced back before close and is up again this morning.

The Indie rates a hold:

[shuisky] 10/2/2011 19:51

Great company and have held in the past, but don't hold any now.

Am taking a look at Hexagon AB, who are a similar type of company but on a cheaper evaluation. They bought Aveva's rival Intergraph last year.

Anyone know anything about them?

[thearcticfox] 08/2/2011 20:04

I can't believe how quiet it is on this thread, considering how well the SP's performing... The long term chart above looks fantastic! Anyway here's some news:-

[grigor] 10/1/2011 21:39

All time high - Resistance is futile!

[grigor] 16/11/2010 19:57

Bucked the trend today

[bones] 08/11/2010 09:29

As envisaged by post 441, I have traded out above 1550. Got 1563 this morning for a 10% profit in 2 weeks. Happy with the trade and have invested proceeds in another prime trade candidate. May be back for a trade in AVV but want to see how the situation develops after interims on Wednesday. I did not want to risk any surprise on the downside with the current trade.

[bones] 05/11/2010 11:34

Starting to breakout now (see post 441 above from 25th Oct) for analysis:

[bones] 26/10/2010 00:41

Thanks for those thoughts WJCCGHCC. There is a lot of gloom about in general terms and when Joe Public is collectively gloomy, it's often time to buy the cyclicals and stocks in general! Anyway, I've found optimism in a stock seems to build on a run up to results day and, coupled with the AVV chart patterns, this points to a speculation that the price may run up to 1600 before falling back on results (unless something out of the ordinary is announced). I'm out on any fall back below a stop loss (around 1400 at present).

[wjccghcc] 25/10/2010 22:38

I've held these for a long time, adding whenever they fall significantly and reducing as they bounce back up. I'm currently back to my core holding. It's a very well run company and a global leader in a structural growth market though subject to cyclical influences (as in shipbuilding slump at the moment). On fundamentals, they're certainly at the top end of the recent value range. Having said that, they'd be an attractive takeover target and there is a large market opening up for AVIVA NET.

[bones] 25/10/2010 17:52

A little bit surprised at the lack of interest on here given the impressive rally over the last year but the few posters are positive! The lack of any hysteria (compared to, say, TAN) is also a good sign that no bullish mania is at work in AVV.

I thought I would paste a three year price chart and the trends. Certainly looking positive and there are steeper shorter term uptrends forming within the longer term ones. Note the historical resistance high of 1600 area from three years back. How many of those bulls are still hanging on? I would expect quite a few who will be happy to dump and recover their money.

So it looks like a potential for breakout of the bigger trend at 1550 area and a long term resistance level at 1600. Could be a battle royal but if 1600 is breached with strong volume, this could motor up. Traders might think about selling some at 1550 - 1600 though.

I am not predicting anything but I would be unsurprised by a run up to 1600 and then some selling. Coincides with run up to results as well so this may be driving the price.

I hold some of these for now but may trade out above 1550. This is my view.

How do the longer term holders see the fundamentals shaping up? Do you expect positive vibes from the results?

[sharw] 13/10/2010 22:47

The Indie Investment column also commented:

[thearcticfox] 13/10/2010 17:52

Good growth predicted, even if they do say wait for a lower entry point:-

[thearcticfox] 07/10/2010 16:07

Indian Oil deal for AVEVA

[bunsenh45] 23/9/2010 18:40

Good results from Oracle overnight have lifted technology stocks, with Autonomy up 34p at £18.46 and Arm adding 7.3p to 396.7p. George O'Connor at Panmure Gordon said:


The burgeoning rally in the tech sector should get extra oomph today in the wake of Oracle's strong first quarter results, posted after the US close last night. For London investors we believe that our elites (Autonomy, Micro Focus, Fidessa and Aveva) are best placed to tap into the enterprise software wave – these are the perfect antidote to the B2C difficulties expressed by Intel's warning earlier this month. Of our pack, we see the most suitable read across as Autonomy. Autonomy shares are following their typical pattern (currently on the up into quarterly results), and are up 4% since we upgraded our recommendation to a buy last week. We note, pleasingly, that Autonomy is hosting its first Autonomy Investor Forum on 29 November. We increase our target price to 1958p (from 1954p). Retain buy.

[bunsenh45] 23/9/2010 18:37

Wolseley builds on positive review of exposure to US
By Bryce Elder and Neil Hume

Published: September 21 2010 08:42 | Last updated: September 21 2010 20:14


Autonomy drifted 1.5 per cent to £18.29 even after Goldman Sachs said the software maker was among Europe's few "premier strategic assets" and raised its target price to £25.50 to factor in potential bid interest. The broker was also keen on design software maker Aveva, up 0.7 per cent to £14.29

[sharw] 11/9/2010 13:34

The Indie has a little more on UBS's reasons:



As you say, it seems an over-reaction but on Wednesday night it closed at the highest since the great Autumn slide of 2008 (1600 to 500) so it was probably ripe for profit-taking with UBS as the catalyst.

[thearcticfox] 09/9/2010 08:57

I think it seems a big over reaction personally. I'm here for the long haul.

[thearcticfox] 09/9/2010 08:51

Aveva Group Plc, a U.K. maker of engineering software, lost 2.3 percent to 1,446 pence after UBS AG downgraded to "sell" from "neutral."

[thearcticfox] 09/9/2010 08:43

Oh dear... does somebody know something we don't?