Logica Share Discussion Threads

[mralliantie] 05/6/2009 17:31

Logica Hosts Seventh World Environment Forum

Friday, June 05, 2009: Logica, an IT and business services company, yesterday hosted the Seventh World Environment (WE) Forum at its campus in Bengaluru. The WE Forum, initiated by Logica, Tesco and IFMA (International Facility Management Association) in the year 2007, provides a collaborative platform for socially responsible corporates, NGOs and environmentalists to discuss and share the most prevalent environmental issues and the initiatives to combat the same.

Elaborating on the success of the forum, Mahesh V of IFMA said, "The World Environment Forum meets have helped the members to understand and enhance their knowledge in the area of environment, health and safety and create significant impact in their performance in day to day operations. IFMA will continue to support all such noble initiatives that will help its members, partners and organisations involved in the development of the profession and create a sustainable environment."

Speaking at the forum, Abhay Gupte, chief executive officer, Logica India, mentioned, "Driving sustainability has always been Logica's priority and we have responded actively to the challenges and opportunities around climate change and the environment. With our consistent focus on lowering carbon emission, Logica in India achieved a remarkable reduction on carbon footprint by 11.3 per cent over the last 18 months. We have set another ambitious yet achievable target for the next one year to reduce carbon footprint across our facilities by 10 per cent."

Captain Dayalu Arasappa, head, support and facilities and chief security officer, Tesco, mentioned, "We at Tesco have undertaken conscious initiatives to go green. Simple steps like using solar-water heating for our kitchens and gyms, switching to LED lighting system, maintaining infrastructure software to hibernate our desktop systems have considerably reduced our carbon emissions. Further, as a retailer, we will print the carbon footprint on each of our products, to help consumers make an informed choice while making a purchase," added Captain Dayalu Arasappa, head, support and facilities and chief security officer, Tesco.

The closing presentation on best practices shared by Mahesh Bhalla, director general manager, consumer business, Dell, highlighted the organisation's goal to become the greenest company in the world. "Dell's commitment is to minimise direct impact/carbon neutrality, empower consumers to go green and enable a low carbon economy. As an organisation we have achieved carbon neutrality and we continue to strive for better benchmarks in future."

Inspired by the promising and novel forum, Anil Gupta, chief executive officer, ARM Embedded Technologies Pvt Ltd, offered to host the next meet at the company's premises in August 2009.

[hvs] 05/6/2009 15:42

Who is going to pay the salaries ????

[a0502162] 05/6/2009 15:24

robwt, sorry I missed the hundred thousand off, silly mistake. Never mind eh.
Loss, now there's a dirty word.

[beaudelaire] 05/6/2009 10:57

Selborne -
My big push is towards £1.

[robwt] 05/6/2009 10:25

A0, I am watching the share price very carefully and will sell the other one if they get down to 70p. It will be hard but I will have to take my 70p plus loss on the chin.

But shucks, it could be worse, I could be sitting on a large holding of 20 of these suckers and then I would be looking at real loss.

[a0502162] 05/6/2009 10:01

robwt, sold half your shares.....................when do you think would be a good time to sell the other one?

[beaudelaire] 05/6/2009 09:43

Has the time for a big push upwards finally arrived ?
It's been a long wait !

[selborne_edge] 05/6/2009 09:26

Nothing seems to cause the share price to strengthen. When you consider all the disasters which are occuring in government IT systems, you would have thought that Logica would be making a killing.

Lets hope that LOG holds the small early rise in the share price.

[robwt] 05/6/2009 08:41

Selborne: I thought that when Andy Green took over, he would have made a point of clearing out every single one of Martin Read's Circus. He did very little and has become a major disappointment. Sometimes you have to follow the City and in the square mile Logica are about as inspiring as Gordon Brown on a bad day.

I hope I am wrong and Logica come out with some major surprise, or even get taken over which is a very long shot. Andy Green is lacklustre, he actually looks like Alistair Darling's twin brother. I bet even the lumbering giant BT are now realising he was an also ran.

[selborne_edge] 04/6/2009 17:42

robwt - Your selling of 50% of your Logica holding was certainly soundly based. With Logica you always believe it cannot get any worse and guess what, it can and it does !

[a0502162] 04/6/2009 17:22

Good grief, I've been corresponding with a mosquito!!

[robwt] 04/6/2009 10:17

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[mralliantie] 03/6/2009 16:58

Logica scores another juicy contract win

03 June 2009

IT business and services company, Logica, has scored its second major federal government deal in a month, with the Australian Communications and Media Authority (ACMA) awarding it a five-year contract for the provision of ICT services, infrastructure and support.

The ACMA contract, reportedly worth $10 million, follows on from Logica's signing of an outsourcing contract last month with the National Health and Medical Research Council. The three-year NHMRC contract - worth $7.64 million –was for the provision of ICT services, infrastructure and support for the NHMRC staff located in Canberra and Melbourne working at the National Institute of Clinical Studies.

In the ACMA contract announced today, Logica will provide ICT services and support for ACMA's 540 staff located in Canberra, Melbourne and Sydney, as well as supporting the organisation's infrastructure and service management requirements for remote staff based in additional office locations around Australia.

As an FMA agency within the federal government portfolio of Broadband, Communications and the Digital Economy, the ACMA is responsible for the regulation of broadcasting, the Internet, radio communications and telecommunications.

ACMA CIO, Cliff Van Lohuizen, said today the ongoing evolution and uptake of new technologies was a focus for the authority, and, as a result, ACMA "require a partner who can support this focus with experience and demonstrated skills in running an IT infrastructure similar to ACMA."

"We also set out to appoint an organisation who will engage with us in a strategic partnership and be proactive in both recommending and implementing improvements to our IT infrastructure and processes."

ACMA manager of LAN desktop outsourcing project, Michael Searle, said that, as part of the outsourcing agreement, Logica was tasked with assessing ACMA's IT requirements and subsequently implementing systems for the transformation and management of the organisation's servers, desktop and communications infrastructure.

Logica Australia, CEO, Colin Holgate, said the company would put in place a team with "exceptional experience, focused on exceeding customer expectations around product innovation and user satisfaction."

[a0502162] 03/6/2009 09:43

I'm sure your absolutely right.

Day trade no......................but over a couple...................yes.

[robwt] 03/6/2009 09:34

Why on earth would anyone choose Logica to daytrade. It is like watching paint dry, it would be a brave man who thought Logica was a play.

It is down on large short positions sold at 83p. They will have to be returned to the lender sometime before June 19 triple witching day.

[a0502162] 03/6/2009 07:26

Every day there are 6 million plus shares bought and sold. So some are finding it an easy trade!

[selborne_edge] 02/6/2009 16:16

This share has been on a steady decline since the dotcom boom and the opportunities to sell have been few and far between. You just keep on hoping that the share price will stage a rally but it has been a very long wait.

[a0502162] 02/6/2009 15:53

Touchy!
From what I've read, most on this board don't sell!

[robwt] 02/6/2009 12:10

Whoooeee you made a profit. Most on this board could buy and sell you out of their short change. Get lost for another 8 years you boring git!

[a0502162] 02/6/2009 10:35

It must be over 8 years since I last commented on the BB. The names have changed but otherwise the comments are just the same.
I've already bought and sold this share twice this year and made a good profit each time.......................so what is your problem?
Made a nice profit on a couple of others to............................I think you guys must be forgetting to sell!

[selborne_edge] 31/5/2009 20:20

The trade was a 'UT' type but having said that, I am none the wiser.

UT is defined as;

'UT ' Uncrossing Trade
This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SETS auction.

However it will be interesting to see if it affects the price of trades when trading starts tomorrow, Monday

[grahamburn] 31/5/2009 17:01

Presume it was a buy - and not a late-reported sell from earlier in the day when price was well above tghe quoted trade price. One way or the other, there should be an RNS early this week as it represents 3.6% of share capital.

[robwt] 30/5/2009 08:42

Selborne. I wish I knew, maybe we will see what happens on Monday.

[selborne_edge] 29/5/2009 18:45

robwt - As a matter of interest: what is the significance behind the 57 Million Trade at 1635 today, Friday ?

It did put the share price marginally into the 'blue' but this trade was outside normal trading hours.