Aveva Share Discussion Threads

[tsmith2] 16/12/2015 07:27

Think £18 is a fair price at mo

[ruethewhirl] 15/12/2015 20:10

Something's not right.

6 months of due diligence and they decide not to proceed?

Oil price is of course a huge factor, as that has cratered in the last 6 months.

But the bottom line is that they don't want the software assets, under any terms.

I think the price fall is justified given the huge question mark this places over Aveva.

[guyswonga74] 15/12/2015 16:03

Nice bounce back to £16

[deanroberthunt] 15/12/2015 13:24

or the reason that was given for the deal being off, wasn't the real reason, and it was after due dilligence they didn't think it was worth anywhere near that...

[tsmith2] 15/12/2015 13:06

Of course when a 53.5% stake has recently been valued at GBP1.3 billion

[deanroberthunt] 15/12/2015 12:59

£900m is very expensive for a company that is loss making and revenues declining...

[tsmith2] 15/12/2015 12:56

Some Churn behind the scene? Looking promising for and afternoon rise

[guyswonga74] 15/12/2015 12:02

Yes I bought a few. Does look like overdone sell off

[tsmith2] 15/12/2015 11:54

Any commentary?

[ny boy] 15/12/2015 10:07

Looking to get back in, bought last year 1660p ish, sold 20% profit, a while ago.

Tempting down here but the first drop is not necessary the bottom but now could be if the general markets get a Santa rally.

[abcd1234] 15/12/2015 10:01

1360?.... LOL

[tsmith2] 15/12/2015 09:42

V tempted looking for a bit of strength in bid

[wjccghcc] 15/12/2015 09:36

Lot of arbs having to unwind here. Bought a few at 1360p.

[tsmith2] 15/12/2015 09:29

Thinking seller being cleared

[tsmith2] 15/12/2015 09:28

Looks almightily overdone

[ruethewhirl] 15/12/2015 09:13

Wow.

Guess Christmas is cancelled then.

[pottsypotts] 15/12/2015 09:07

I am not a holder yet but just been investigating, times story back in May list three possible suitors ? Wonder if with the dire market for new capex on oil and gas The deal is on hold?

[salpara111] 15/12/2015 08:57

A profit is not a profit until it is banked!
Everyone was talking about the deal as if it was already done.
The question now is will another suitor emerge.

[jaws6] 15/12/2015 08:47

Panmure's George O'Connor reiterates a 'HOLD' recommendation for AVEVA

[abcd1234] 15/12/2015 08:22

termination of talks... but a 37% drop ??

[ruethewhirl] 03/12/2015 22:30

Someone clearly knows something.

Stock strongly up on massive volume today and up almost 20% in total in the past 2 weeks.

[broadwood] 03/12/2015 10:46

Is agreement near?

Based on the current timetable, both parties are working towards finalising due diligence and reaching definitive terms in December 2015, with completion expected to occur by mid-2016.

This will be a transformational deal for AVEVA and the enlarged group is expected to be one of the world's leading industrial software companies, with an unmatched breadth of product offering covering all aspects of the digital asset including process simulation and optimization, detailed engineering design, operations and asset lifecycle management and supervisory control. Both parties remain convinced of its merits and the key strategic and financial benefits that it will bring, including a more widely diversified product set, significant scale in North America, a generally more diverse regional and end market exposure, a significant presence amongst owner operator customers and enhanced shareholder returns.

There can be no certainty that the discussions between AVEVA and Schneider Electric will lead to a transaction, nor what the final terms or timing of any such transaction may be