Invensys Share Discussion Threads

[timnorris] 10/7/2013 08:15

What do you make of the recent corporate appointment? Mean any bid is still a little way off? Thanks.

[donkeystone] 10/7/2013 07:35

Badwood,

Thank you, focused, sensible, up to date and to the point.
A target is a target, so:-

As ever

£4.40

ttfn

[perkie] 09/7/2013 15:30

I agree. He is.

[bakero] 09/7/2013 11:34

Not really donkey, for some reason in the back of my mind I've had £4.40 for many a year now, but not sure where I picked that up from! Also need to remember that despite the gains since December we are still only where we were 6 years ago.

I suspect I'll only really consider selling if we start to drop back too much as the capital distribution has already used up a few k of this years CGT allowance, and I'm holding TNI (which I'm more nervous about) and SIA (which will also announce a capital distribution end August and will also be taken over one day.

Mostly outside of an ISA, and don't want to sell these and then be forced into making gains above the CGT allowance later in the year. If it was March-31 I'd be more likely to sell.

You can't sell yours anyway, you are this board! :-)

[donkeystone] 09/7/2013 11:08

Thanks Bakero, sounds like we are going to dither together!
You got a target price?

As ever

£4.40

ttfn

[bakero] 09/7/2013 10:51

I'm the same. First bought in 2004 @ 19.3pDon't think I would buy now and feel I should sell, but having had a holding for so long makes it harder!Even if a bid did come in, how much higher than current share price would it be? Feels like there is more downside (on absence of a bid) than upside

[donkeystone] 09/7/2013 10:38

Folks, I'm getting fidgety.

Having been around for ages I would really value your views; should I sell or hold?

Will the general market drift up continue, if so for how long and do we think someone will pop up with an offer for whats left of isys?

Answers on a postcard please and all letters answered.

As ever

£4.40

ttfn

[donkeystone] 05/7/2013 09:33

On a more serious note does anyone have any views on the recent re-hiring of the acquisition man (ex Spectris and Invensys)? On the face of it I don't see it as a move which suggests the board is trying to sell the rest of isys. Or maybe it's all just smoke and mirrors.

As ever

£4.40

ttfn

[donkeystone] 05/7/2013 07:28

Arrived this am

As ever

£4.40, plus a teensy bit 'coz of my stockbroker who shall remain nameless
(see 113519)

ttfn

[m welsh] 04/7/2013 11:44

I'm with Barclays and mine has turned up today

[chatterbox] 03/7/2013 17:48

I received mine on the 28 June - that is with a broker

[bakero] 03/7/2013 15:04

I have the money in my iweb dealing account already (capital payment) but not yet in iweb ISA (dividend)

[donkeystone] 03/7/2013 10:11

Get this; my stockbroker who shall remain nameless .................

Barclays,

................. tell me that it will take them up to 5 working days to process the cash released today and a further 3 days should I want to move it to a bank.

As ever

£4.40 less Barclays "interest" on my money

ttfn

[rumpelstiltskin2] 02/7/2013 20:32

perhaps its not in the price. these don't appear that expensive on fundamentals, with some more acquisitions to sustain the earnings growth

[badwood] 02/7/2013 19:53

donkeystone

Yes indeed it is quite strange the way the share price fluctuates during the day. Two weeks ago it opened at 430 only to fall back fairly quickly.

Back in November When Siemens stepped in, the share price shot up from 220 to 280p. Since then it has gone from strength to strength. What surprised me was why the share price didn't jump to 400 straight after Siemens played its hand.

The burning question is how long will the share price hold up while waiting for the bidding war to commence, if it ever starts. For my part, last week I sold 20% of my Invensys holding to hedge against the possibility that a bid will not materialise. I suspect that if a bid is not tabled in the next couple of months the share price will start to tumble back to around 250!!!

Yours and other posters thoughts on the bid / no bid scenario most welcome.

[donkeystone] 01/7/2013 16:30

Whats with this regular morning flurry, sharp drop back and rise into NYSE open?

As ever

£4.40

ttfn

[badwood] 27/6/2013 19:40

WStirrup
If only Invensys were are ten-bagger. In 2006 Invensys did a ten for one share consolidation So no ten-bagger. In 2003 I made my first purchase on Invensys shares and bought 2000 at 13 pence a share. Today that first purchase has been consolidated into 200 shares valued at 418 pence per share. So only a three bagger. Spare a thought for those the poor investors who bought Invensys when they were BTR Siebe and are still holding. They are still sitting on a loss.

[wstirrup] 21/6/2013 21:47

I have to congratulate all those that have held these since 2002/3, as a former investor who sold around 35p, after a brief rise, and fall back, I never thought they'd recover and go on to ten-bag.

Pity I took my small profits. BUT you live and learn.

W.

[donkeystone] 19/6/2013 09:40

mitch

Been around for seven/eight years and it's going along OK but I do feel for some of the very long term holders. Bought these, as a long term hold, along with Corus and ICI as a group of UK companies that at the time I thought would eventually go foreign. First two have gone and now one third of isys too! £4.40 came a bit out of the sky but I like to stick with it, why not. If I have understood the new position correctly we now have 652m shares (?) and at £4.40 that puts the co at £2.86bn? Who knows what it's worth, traditional valuations are all over the show at the moment and if you get one or more parties interested in a t/o then heaven knows what can happen.

To answer your question if it gets to £4.40 I'll be hovering over the sell button but I might just stick with my original plan and and wait for it to go foreign.

Who knows?

As ever

£4.40 or something similar

ttfn

[mitch101] 18/6/2013 21:25

I think u will get your 4.40 fairly soon..................you have been waiting for this for a very long time..but will you sell? If ever there was a time for Emerson to target then this is the time...............

[donkeystone] 17/6/2013 14:42

Was that a pump 'n dump?

As ever

£4.40

ttfn

[rumpelstiltskin2] 17/6/2013 10:53

do you think £625 million could be coming back here when people get their cheques on the 3rd of July?

[bakero] 17/6/2013 09:52

Anyone know what price I should use for the new ordinary shares "value on the first day on which they are listed" for the purpose of apportioning base cost for CGT calculation?