Invensys Share Discussion Threads

[stevi111] 02/7/2012 13:06

China South Locomotive & Rolling Stock Corp. is in the early stages of planning a possible 2 billion-pound ($3.14 billion) takeover bid for Invensys Plc (ISYS), the Sunday Times reported, without saying where it got the information.
China South Locomotive, majority-owned by the Chinese government, is also considering making a bid for Italian train maker Ansaldo STS SpA (STS), the newspaper said.

[stevi111] 02/7/2012 13:04

Bid rumours on the go again ?

Invensys Plc (ISYS) advanced 4.3 percent after a report said China South Locomotive & Rolling Stock Corp. may make an offer.

[hvs] 01/7/2012 19:18

China's manufacturing expanded at the weakest pace in seven months as overseas orders dropped, and South Korea cut its estimate for export growth this year, underscoring risks to Asian economies from Europe's debt crisis.

The Purchasing Managers' Index fell to 50.2 in June from 50.4 in May, the Beijing-based National Bureau of Statistics and China Federation of Logistics and Purchasing said yesterday. South Korea's Ministry of Knowledge Economy lowered its projection for overseas sales to an increase of 3.5 percent from 6.7 percent, citing a slowdown in major economies.

Manufacturing data from China, the world's biggest exporter, signal the government may need to add stimulus to arrest an economic slowdown that probably extended into a sixth quarter. The downturn is rippling through Asian nations, with South Korea's sales to China, its biggest market, stalling in the first 20 days of June.

"It's clear the slowdown of export growth as a result of weakness in Europe and the U.S. continues to weigh on the Chinese economy," said Lu Ting, head of greater China economics at Bank of America Corp. in Hong Kong. The weaker PMI reading "will likely push policy makers to

[hvs] 01/7/2012 18:07

Corruption has been going on for years and years

ask Tony B Liar.

[uknighted] 01/7/2012 09:17

Sunday Times 01/07/2012 Business Section p.3

A CHINESE state-backed train maker is weighing up a takeover bid for Invensys, the under-siege British engineering group.

China South Locomotive, which is majority-owned by the Chinese government, is understood to be in the early stages of plotting a move for the FTSE 250 company as part of plans to expand into Europe.

Interest from China comes as takeover speculation surrounds Invensys, which makes railway signalling equipment and controls for machinery.

Last month, the company was forced to confirm that it had held unsuccessful takeover talks with America's Emerson following a 25% leap in its share price in a single day. City sources say the announcement has failed to deter would-be predators. On Friday, its share price closed at 224p, giving a market value of £1.8 billion.

China South Locomotive claims to be the world's largest train manufacturer. It is understood to be scrutinising several potential European targets. The first is Invensys, which China South knows well as the firms share a joint venture. The Chinese are also evaluating a possible bid for Italian train maker Ansaldo.

[jaws6] 28/6/2012 10:49

still no other RNS RE DATES mistake today .

[jaws6] 28/6/2012 07:22

Another blunder in dates today .

Which reads 27 July 2012 sale date --

[andyj47632] 24/6/2012 17:22

uknighted- can you post the article as the link appears to require a login...Thnaks Andy

[uknighted] 24/6/2012 16:30

Worth a read - Invensys mentioned towards the end of the article.



Regards
UK

[hvs] 21/6/2012 11:08

I must say it does bark when the CITY calls it to heel.

[ninja 19] 21/6/2012 11:05

miamisteve and bill.


all gone. This share still a dog

[tonysss13] 21/6/2012 10:19

and that nutcase fried slice

[tonysss13] 21/6/2012 10:13

i wonder what happened to the old faces. Metex, hatman and his elliot wave analysys, harry punter and his boys with the dark glasses,bysel, and who was the guy who just went on about food all the time?

[lloydc] 21/6/2012 10:04

and after all these years isys still very much in same old money 220 = 22p

[ninja 19] 21/6/2012 09:52

Bloodyhell 8-9 years ago. when we were all here, dally with his 10 monitors LOL

[spights] 21/6/2012 09:51

HAHA yes I remember those prices:o(

[spights] 21/6/2012 09:50

lloydc HAHA no. Thats our car left in the UK. My son will have it in Hampton next week. Bargain for someone:o)

[ninja 19] 21/6/2012 09:50

You guys remember isys2p :)

[spights] 21/6/2012 09:48

Really well. Miss you guys.

[lloydc] 21/6/2012 09:48

spights u moved out of the property market and into second hand cars now

[lloydc] 21/6/2012 09:46

keeping well here thks hope u r 2