August 2006 saw Invensys shares Consolidated 10:1 - so don't attempt to sell what you don't own...the current price equates to about 17p near the time of the Rights Issue, which was at 15p. The sghares reached 25p until the Rights issue reminded everyone that ISYS is hugely in debt to its Pensioners. Directors appear to need more money, as usual.
About 95% of shareholders took up this Rights Issue....and we have to welcom the ex-Marconi Financial Director, Steve Hare - you'd think he'd keep his head down wouldn't you? Now might be a good time to sell, - but watch that Consolidation. These shares have further to go.

hangon,

I have removed your duplicate thread as per your request.

Ian

I have bought into this one now-I have a feeling a major turn around is well on it's way!!

Moneyplus, I hope you're right, I hold in an ISA! - Can you say more? Your reasons..as I understand they still have a large debt-problem and those pensioners (funding gap, woes), aren't going away, just yet.

[[I hoped the new man would turn things round, but tapping shareholders to make up (Management) shortfalls isn't good business IMHO....I'm investing for a RETURN, not a further drop. I'm non too impressed by the Hello and Goodbye payments made recently, costing us millions and I'm sure there re more snouts in trough as time goes by. There are now two ex-Marconi/GEC men in plush offices...two too many I fear.
I do hope the stock is oversold; it has great industrial brands and most domestics are OEM items, so not dependent upon consumers (directly).]]

Can you throw any light onto "how" they got into the current mess?

Read through the comments on ADVFN thread this week-somewhere in there you'll find a very detailed report on the sorry demise of ISYS-who was responsible mainly the previous 2 CEO's! It states this new man has made major steps to turn things around in quite a short time. I felt tempted to take a chance on reading it as the glory days maybe returning and there's a strong possibility somebody is coming in with a bid. There seems to be rising interest/momentum with this sp at the moment and that also alerted me. hope I'm right but you may disagree if you read the article. cheers MP

hangon-the post was 16th aug by hobby2 and the article was by jim pinto published on aug 15th.

http://moneyam.uk-wire.com/cgi-bin/articles/200807160700071571Z.html

....
As previously announced, we repaid the remaining 155 million Term Loan on 7 May 2008 and today are effectively debt free with around 200 million of net cash.

....

The Group has made a satisfactory start to the new financial year. Our overall operating performance during the first quarter ended 30 June 2008 was in line with our expectations, which underpins our confidence that we will continue to make further progress in the remainder of the year.

Good move.. Buying SAP for less than 30M
http://www.sat-corp.com/

http://www.moneyam.com/action/news/showArticle?id=3380674
Profit rises 12%. 400m contract, 180M cash

INVENSYS PLC
PRELIMINARY ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 20091


Orders and cash flow performance demonstrate strength in current economic
climate
Recommended resumption of dividend payments


Highlights
* Orders rose by 38% (21% at CER2) to GBP2,806 million (2008: GBP2,036 million)
driven by strong performances by Process Systems (up 19% at CER) and Invensys
Rail (up 109% at CER)
* Revenue rose by 8% (down 4% at CER) to GBP2,284 million (2008: GBP2,108 million)
* Operating profit3 down 4% (down 16% at CER) to GBP244 million (2008: GBP254
million) with an excellent performance from Invensys Rail, robust results from
Process Systems offsetting a sharp second half decline in Invensys Controls
* Underlying earnings per share4 reduced to 14.1p (2008: 17.0p) due mainly to
higher restructuring costs
* Basic earnings per share were 17.4p (2008: 21.1p)
* Free cash flow was GBP296 million (2008: GBP64 million), with operating cash
flow of GBP298 million (2008: GBP258 million) and operating cash conversion of
122% (2008: 102%)
* Recommended final dividend of 1.5p per share (2008: nil)
* Continued strengthening of financial position with no debt5, net cash and
deposits totalling GBP309 million, together with a GBP400 million banking
facility
* Triennial review of UK Pension Scheme completed with no material change to the
level of annual payments
* Integration of Invensys Process Systems, Wonderware and Eurotherm to create a
new division, Invensys Operations Management

Invensys starts paying dividend for the first time since 2003.
It's debt free and consolidated by 10 to 1 since then. How much does it worth now?

Interims tomorrow.

Interim Management Statement.

12 month high today.

Invensys Contract Win





TIDMISYS

RNS Number : 2655B
Invensys PLC
23 October 2009

?
23 October 2009




Invensys Rail wins milestone Brazilian Metro contract


On October 22, 2009, leading railway control and communications systems provider
Invensys Rail, Brazilian engineering company Montagens e Projetos Especiais
(MPE) and Spanish telecoms specialists Infoglobal signed a milestone GBP255
(EUR280) million contract to upgrade the signalling and automatic train control on
lines 8, 10 and 11 of S Paulo's rapidly developing Metro system.


Invensys Rail will install its Sirius Communication Based Train Control (CBTC)
system on all three lines and associated rolling stock along with WESTRACE
interlockings, point machines and LED signals, totalling a 60% share within the
consortium. To minimise disruption during the upgrade, the new system will be
installed and designed to operate alongside the existing signalling system until
the project is fully completed. This approach has been successfully used by
Invensys Rail on metros around the world and has proved highly successful in
delivering complex projects on-time and on budget with the minimum disruption to
passengers.


Invensys Rail CEO and President James Drummond highlighted the importance of the
contract to the Company, saying: "This is our first major project award in
Brazil and is yet another success for our CBTC systems after winning the
signalling contract for Singapore's new Downtown Line. We are delighted to be
given the opportunity to work on such a high-profile project in one of the
world's most exciting cities."


The contract marks Invensys Rail's biggest success to date in the Brazilian
market, and with rapid development of heavy-haul freight routes, commuter and
metro networks and a planned high speed line in the country, Invensys Rail
believes this award will provide a platform for expansion in this important and
growing market.


The three lines are owned and operated by Companhia Paulista de Trens
Metropolitanos (CPTM). Line 8 is 35km long with 20 stations; Line 10 is 37km
with 15 stations and Line 11 is 37km long with 12 stations. In total, 136 trains
and maintenance vehicles operate on the three lines to transport over one
million passengers per working day.

440 is closer.
Many shorters are being trapped.

http://www.pandct.com/media/shownews.asp?ID=23181
http://www.officialwire.com/main.php?action=posted_news&rid=69828
http://www.electricenergyonline.com/?page=show_news&id=121997
http://www.businesswire.com/portal/site/newsnow/index.jsp?ndmViewId=news_view&ndmConfigId=1004993&newsId=20091112005328&newsLang=en

from http://finance.yahoo.com/news/Deutsche-Bahn-signs-26B-Qatar-apf-307256824.html?x=0&sec=topStories&pos=5&asset=&ccode=

Deutsche Bahn, Qatari Diar sign $26 billion railroad deal in gas-rich Qatar

DOHA, Qatar (AP) -- An investment company owned by Qatar's sovereign wealth fund on Sunday signed a $26 billion deal with Germany's national railway operator to build a railroad network, a key part of the natural gas-rich Gulf sheikdom's expansion plans.

Under the deal, the Qatari Diar Real Estate Investment Company and Deutsche Bahn AG will set up a joint venture to develop a metro system in Qatar's capital, as well as a national rail network and a long-distance connection to neighboring Bahrain.

Qatar will hold a 51 percent stake in Qatar Railways Development Company and the German state-held railway will have a 49 percent stake

"This announcement represents the next step in the creation of this visionary Qatari project that will truly revolutionize the ease and convenience by which people travel," said Ghanim Bin Saad al-Saad, Qatari Diar's chief executive.

The railroad network will take about 15 years to complete, but the national railroad and the local commuter system for Doha is expected to be 70 percent built by 2017 to support the tiny Gulf nation's bid for the World Cup in 2022 and the Olympics in 2020.

Capital Markets Day

TIDMISYS

RNS Number : 3211D
Invensys PLC
01 December 2009

?
1 December 2009


Invensys plc
Capital Markets Day


Invensys plc is today hosting a Capital Markets Day in London.
Presentations will be made by the Chief Executives of the Group's three
divisions - Invensys Operations Management, Invensys Rail and Invensys Controls.
No material new information or update on trading will be provided.

A webcast of a recording of the presentations will be available on the Group's
website (www.invensys.com) from around 5.00 pm today.

An article with some technical info on www.uk-analyst.com