Aveva Share Discussion Threads

[togglebrush] 24/10/2020 19:30

ACQUISITION OF OSISOFT, LLC ("OSISOFT") $5.0 billion___Rights Issue
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Extracts of into known so far
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The Combined Circular and Prospectus is expected to be published in October or early November 2020 with the proposed Rights Issue to follow soon thereafter
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The proceeds of the Rights Issue of $3.5 billion to fund the Acquisition excludes amounts payable for transaction related fees and expenses.
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Note in my diary suggests "Interims due 5th November"
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FOR scale only
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Market Cap is £7.44b__________rights issue needs to raise £3.5 billion
Shares in Issue are 161,665,453
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Wild guess
at rate say 1 for 2 gives 80,832,726 shares at £40.00 would raise £3.2 billion
Not enough___change discounted price or change the rate to 1 for ???
DYOR _______these numbers are above my pay grade

[togglebrush] 12/10/2020 12:47

FY 2021 H1 Trading Update, todays RNS, Synopsis

Solid demand for AVEVA's software has performed creditably in the first half against this backdrop and its outlook for the full year remains unchanged.
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Expects to report revenue of approximately GBP333 million for the first half of FY 2021. Broadly in-line with the Group's plan for the shape of the year. The order pipeline for the remainder of the financial year is strong,
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Expects solid revenue growth in the second half and remains confident in the full year outlook.
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AVEVA will announce its results for the six months ended 30 September 2020 on 5 November 2020.

[thewheeliedealer] 14/9/2020 21:01

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion covers AVV and its recent mega acquisition. We also chatted about loads of other Stocks and the outlook for Markets as we move to what can often be a rocky time of the year.

Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 31) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful,

Cheers, WD
@wheeliedealer

[togglebrush] 25/8/2020 08:40

RNS published for ACQUISITION OF OSISOFT, LLC ("OSISOFT") $5.0 billion
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Expected Timetable to Completion
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Combined Circular and Prospectus, terms of the Rights Issue, notice of the General Meeting, expected to be sent in October or early November 2020.
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Completion is expected to occur around the end of the year.
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For Scale
AVV market Capital c £7.0b___OSISOFT c £3.8b
Proposed Rights Issue c.$3.5b say c £2.7b

[togglebrush] 29/7/2020 07:14

Q1 Trade Update ____ Synopsis
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Revenue ____Subscription revenue grew 30%,
Maintenance revenue was broadly flat
Perpetual licences and Services reduced substantially
Group organic constant currency revenue declined 3.5%.
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Current ____Demand for software has been robust,
first quarter included substantial order wins in the power generation, marine, water, food and life sciences end markets, together with wins in oil & gas across a wide range of customers.
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Future ____ Faces a tough comparative period in the first half of the 2021
order pipeline for the remainder of the financial year is solid , expected to benefit from large contract renewals in the second half of the financial year.
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Money ____ Maintains strong balance sheet___net cash & treasury deposits of GBP109.7
Will pay a full year dividend on 11 August 2020.

[togglebrush] 21/7/2020 07:08

AGM today but note:
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The Company will issue a trading update to coincide with Schneider Electric's half-year results on 29 July 2020.

[djabel666] 21/4/2020 13:51

I can confirm that it is worth listening to this or any TwinPetes podcast not just re Aveva

[thewheeliedealer] 20/4/2020 21:38

Hi all,

My mate Peter @Conkers3 and myself did a Twin Petes Investing Podcast a few days ago and part of our discussion covers AVV. We also talked in depth about the current situation in the Markets and how we reckon things could play out. Anyway, if you use Apple or Audioboom you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 21) and you can find it on Soundcloud at the link below.

Ideal listening whilst you are locked away !!

Cheers, WD
@wheeliedealer

[cyrilsneer1] 15/4/2020 16:14

This is a sell all day long, OG&C market is on its a@se and most engineering firms that use this software are shedding jobs as projects are either put on hold or mothballed.

[capitalist] 11/3/2020 17:45

Thanks Clive.

[clive10] 11/3/2020 17:28

capitalist- the pe ratio is eye- wateringly high and their main clients are in the oil and gas sector. with revenues slashed oilco's will be looking to conserve cash and are unlikely to splash out on software.

[capitalist] 11/3/2020 13:41

Does anyone have an idea why Aveva's share price is still dropping?

[volsung] 11/3/2020 13:07

Famous last words!

[ponyten] 17/1/2020 12:02

Moving up nice and quietly. Just my kind of share!

[mrx001] 11/1/2020 14:19

Seems to be a very quiet board, recently took a position in these, hope it carries on as it has previously.

[sharw] 12/11/2019 16:42

Interim results today look good - resulted in closing at 4408p - an all time high. Intraday high was 4444p.

[bradbury3559] 05/6/2019 11:41

Come join the party #BBSN

[connorcampbell] 28/5/2019 12:57

!YOUTUBEVIDEO:87DvIhSU2uc:
Will AVEVA avoid a virus following Wednesday’s full year results?

April’s fourth quarter statement saw the company reiterate its aim of hitting low double-digit full year revenue growth. Operating margins ‘improved’, though AVEVA was careful to highlight that additional costs were incurred due to a strong sales performance, and that it was investing to ensure it’s ‘optimally positioned to capture future growth opportunities’. The update ended with the claim that the integration of the heritage AVEVA and Schneider Electric industrial software business has continued to progress well.

Given that investors have been very receptive to these rather bland statements, more of the same on Wednesday might be enough to keep its gains going. For reference, last year it posted adjusted pre-tax profit on a pro forma basis of £162.8 million; a the half way point of this year adjusted pre-tax profit rose 54.3% to £60.5 million.

Read what Spreadex analysts have to say, or watch a 60 second preview, here:

[connorcampbell] 28/5/2019 12:57

Will AVEVA avoid a virus following Wednesday’s full year results?

April’s fourth quarter statement saw the company reiterate its aim of hitting low double-digit full year revenue growth. Operating margins ‘improved̵7;, though AVEVA was careful to highlight that additional costs were incurred due to a strong sales performance, and that it was investing to ensure it’s ‘optimally positioned to capture future growth opportunities’. The update ended with the claim that the integration of the heritage AVEVA and Schneider Electric industrial software business has continued to progress well.

Given that investors have been very receptive to these rather bland statements, more of the same on Wednesday might be enough to keep its gains going. For reference, last year it posted adjusted pre-tax profit on a pro forma basis of £162.8 million; a the half way point of this year adjusted pre-tax profit rose 54.3% to £60.5 million.

Read what Spreadex analysts have to say, or watch a 60 second preview, here: hxxps://spreadex.com/?tid=392493

[sharw] 22/5/2019 21:13

Well, it didn't happen last time but as at last Friday's close AVV was 78th meaning automatic entry to the FTSE100 unless there is a dramatic drop between now and June 5th. Today closed at all time high suggesting the trackers are stocking up.

[sharw] 14/2/2019 12:07

Just gets better - good trading statement and the price nudges over 3000p. If this keeps up until close on 26th there could be a chance of promotion to FTSE100

[broadwood] 26/7/2018 10:34

- Engineering and industrial software group Aveva said Thursday it had made a solid start to the financial year achieving a number of key milestone.

The company said maintained a strong balance sheet and saw good cash generation in the first quarter, resulting in net cash of £117m at 30 June 2018, up from £96m at 31 March 2018.

'The full year outlook remains in line with the board's expectations,' Aveva said.