Tufton Assets Share Discussion Threads

[waldron] 09/11/2003 07:08

kbass ,your post very much appreciated.

thanks.

[kbass] 09/11/2003 02:18

Thanks Waldron - I am pretty sure there have been developments since: maybe arbitartion in Singapore under New York law, maybe a ruling (earlier this year) that Alstom et al were right but that the amount remained to be settled ....

The effect could be significant: I have heard figures claimed around 3bn USD - but that would be ludicrous - but a settlement around 200-300 million USD might look more realistic.

But they may have perfomance guarantee problems on other contracts - cruise ships (propulsion vibration at cruising speed leading to reduction in cruising speed, decreased fuel efficiency and hence profit for the operaor) - svere vibration in power plant outside Athens - Jupiter trains in UK etc etc ...

And their new found failure to control cash ...

[waldron] 08/11/2003 04:46

looks like it was railroaded

[kbass] 08/11/2003 04:21

Any news on their case against Tawian High Speed Rail Corporation?

[maywillow] 07/11/2003 17:53

FRANKFURT (AFX) - Alstom's chief executive officer Patrick Kron said the
company will not be fully taken over by Siemens AG, following the German
company's acquisition of Alstom's small and medium-sized turbine business,
Frankfurter Allgemeine Zeitung reported.
Speaking in an interview with the paper, Kron said: "We will manage it (the
current crisis) on our own."
He did not explicitly comment on rumours that Siemens might take over any
further units of Alstom, but said he believes "each part of Alstom can survive
on its own."
Siemens CEO Heinrich von Pierer has said previously that he is in favour of
building a large, pan European infrastructure company.
[e-mail]
din/jkm/

[maywillow] 07/11/2003 12:51

2.90 euros

[maywillow] 07/11/2003 11:40

PARIS (AFX) - Thales chief executive Denis Ranque said he is in favour of
industrial restructuring to create a European naval group.
Speaking on French LCI radio, Ranque said a European naval tie-up involving
Thales would be a "good prospect", adding "we have to advance in this
direction."
European consolidation in the field of electronics and aeronautics has
reached an upper ceiling, dominated by EADS, Thales and BAE Systems PLC, he
said.
But in the naval and land-based weapons sectors, "restructuring has not
begun at all," he noted.
He reiterated that Thales has not made an offer to buy German shipyard
Howaldtswerke Deutsche Werft (HDW), despite being touted as a possible bidder.
Regarding the government's 31.8 pct stake in Thales, he said "if the state
wants to sell, it can do so because Thales can fend for itself."
[e-mail]
ea/sr/jkm/

[maywillow] 07/11/2003 11:37

PARIS (AFX) - Thales chief executive Denis Ranque said he is in favour of
industrial restructuring to create a European naval group.
Speaking on French LCI radio, Ranque said a European naval tie-up involving
Thales would be a "good prospect", adding "we have to advance in this
direction."
European consolidation in the field of electronics and aeronautics has
reached an upper ceiling, dominated by EADS, Thales and BAE Systems PLC, he
said.
But in the naval and land-based weapons sectors, "restructuring has not
begun at all," he noted.
He reiterated that Thales has not made an offer to buy German shipyard
Howaldtswerke Deutsche Werft (HDW), despite being touted as a possible bidder.
Regarding the government's 31.8 pct stake in Thales, he said "if the state
wants to sell, it can do so because Thales can fend for itself."
[e-mail]
ea/sr/jkm/

[waldron] 07/11/2003 06:10

Able might take a Kaneing

[waldron] 06/11/2003 20:48

2.88 euros

[maywillow] 05/11/2003 13:31

2.82 euros

[maywillow] 05/11/2003 11:55

PARIS (AFX) - Alstom said it and Siemens AG have won an order worth 116 mln
eur from the Belgian Railways for the supply of new electronic control centers
and signalling equipment.
Alstom said its share of the order totals around 76 mln eur, while Siemens'
share is worth 40 mln eur.
[e-mail]
lwl/cmr

[maywillow] 04/11/2003 14:17

2.84 euros

[maywillow] 03/11/2003 18:57

2.87 euros

[maywillow] 03/11/2003 12:49

2.75 euros

[maywillow] 31/10/2003 19:39

Grupo please include a starting price in your header.

Week ends at 2.74 euros

[maywillow] 30/10/2003 12:57

RNS Number:4889R
Alstom
30 October 2003

Date: For immediate release, Thursday 30 October 2003



ALSTOM



Notice of Meeting



Copies of documents related to the above have been submitted to the UK Listing
Authority and will shortly be available for inspection at the UK Listing
Authority's Document Viewing Facility which is situated at:



Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS



Tel. no. (0)20 7676 1000





- ENDS -

[maywillow] 29/10/2003 09:51

kbass

good thinking bassman

[kbass] 29/10/2003 09:29

hmmmm, that's interesting .... I have worked on contract with Alstom on metros and TGV's in Egypt, Greece and Korea - and I speak French and Portuguese - might give 'em a call ....

[maywillow] 29/10/2003 09:25

RNS Number:4228R
Alstom
29 October 2003

ALSTOM WILL DESIGN AND SUPPLY THE ELECTRICAL AND
MECHANICAL INFRASTRUCTURE FOR A NEW METRO LINE
IN SAO PAULO

Companhia do Metropolitano de Sao Paulo (CMSP), the company charged with the
operation and expansion of the Sao Paulo area's metro, has awarded a turnkey
contract for construction of a new line to the Via Amarela consortium. The group
is led by CBPO Engenharia of the Odebrecht group, which, along with other
construction companies, is responsible for the civil works.

As the member of the consortium responsible for the electrical and mechanical
infrastructure, ALSTOM will design, supply, install and test the power-supply
and electrical-distribution systems, telecommunications equipment and auxiliary
systems (such as fire detection, pumping and lighting). ALSTOM's share of the
contract is Euro80 million.

Called the Amarela (Portuguese for "yellow") Line, Line 4 will be 12.8
kilometers long with nine stations. Expected to carry a million passengers a
day, it will offer connections with three subway lines and two suburban lines.
Commercial operation is slated to begin in 2007.

"This vote of confidence of ALSTOM's metro-systems technology and know-how is
also a confirmation of our successful long-term relationship with Sao Paulo,"
said Francis Jelensperger, ALSTOM Transport's senior vice president for the
Americas region.

Over the last three decades, ALSTOM has sold more than 600 metro cars to Sao
Paulo. In a recent project, ALSTOM was the technical leader of the consortium
that built the city's Line 5, which opened last year. ALSTOM also supplied the
operations-control center, the auxiliary systems and the fleet of 48 six-car
METROPOLIS trainsets for the line.

With more than 35 product lines and a presence in more than 60 countries,
ALSTOM's Transport sector offers complete products and services for new rolling
stock, signaling, and electrical and mechanical infrastructure as well as
maintenance and rehabilitation services to four distinct types of customers;
urban transit authorities and operators; intercity passenger rail operators and
rolling stock owners; rail freight operators; and intercity railway
infrastructure owners. ALSTOM's Transport sector, with sales of Euro5.1 billion in
financial year 2002-2003, is among the world's leading suppliers to the railway
industry.

Press relations:
G. Tourvieille
(Tel. [phone])
[e-mail]

Investor relations:
Emmanuelle Chatelain
(Tel. [phone])
[e-mail]

[kbass] 28/10/2003 07:46

Yep, looks like they cashed in when they most needed! What a disaster that split was for two good companies .... Alcatel still seem to be surviving, maybe even prospering ...

[waldron] 28/10/2003 07:20

Kbass, from the following neither MONI nor Alcatel seem to have a holding,although nothing seems what it is these days.

Enjoy your day..

Actionnariat

Templeton Investment 13,9 %

Franklin Resources 4,65 %

Caisse des Dépôts et Consignations 3,23 %

Société Générale 2,22 %

Salariés 1,5 %

Crédit Agricole Asset Management 0,51 %

Dernière Assemblée Générale : 23.06.03