help not been trading long have got all the paperwork through to buy more shares at 21p what do you think any any advice as whether they are worth having or not any help would be most grateful
nick

Nick

I am buying my allocation.

Same here

Same here!

Invensys ISYS technicaly a base wedge break out. Looks like its got a lot of upside from here.

FT

Invensys , up 10.7 per cent to 199.6p, was helped by a Morgan Stanley upgrade to "equal-weight".

"Robust results in the group's rail division in the second half will likely cause the stock to re-rate," analyst Vidya Adala said. "Furthermore, as 90 per cent of group pension assets are invested in debt securities, the impact of stock market volatility on the pension deficit is reduced

By and large Brokers are rather positive on Invensys with the later recommendations tending to be strong buys and some brokers not having updated for a while.

From Digital Look..

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 5
Sell 2
Strong Sell 2
Total 13

I think 400p is not impossible for this year.
This company has strong place and share price can recover to all time high in a year or two. ALL IMO

Looks like its got Brokers support and on such a low forward P/E 10.5 im not suprised......

Invensys PLC

FORECASTS
2010 2011

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Evolution Securities Ltd
14-05-09 BUY 194.50 20.70 7.00

Singer Capital Markets Ltd
15-05-09 BUY 201.60 20.70 3.00 225.10 22.40 4.00

Exane BNP Paribas [D]
28-05-09 HOLD 121.00 19.25 1.00 175.00 18.77 1.00


INVESTMENT RATIOS

2009 (A) 2010 (E) 2011 (E)

EBITDA m m m

EBIT m 234.00m 250.00m

Dividend Yield 0.00% 1.97% 1.69%

Dividend Cover x 4.44x 5.60x

PER 10.67x 11.41x 10.55x

PEG 0.44f -1.74f 1.28f

Net Asset Value PS p p p

And sp is now below Investor Chronicles Buy tip sp...

22.05.09: -9.5, (228.25) IC says Buy (243p): BULL POINTS Less cyclical than in the past - Has net cash - Could benefit from government spending - Paying a dividend again BEAR POINTS Weak market for controls - More restructuring charges.

Broker upgrade....

1158 GMT [Dow Jones] Evolution Securities raises Invensys (ISYS.LN) target price to 322p from 300p. "We believe that the current share price does not recognise the recovery potential within Invensys," says brokerage. Adds not only will the operating platform recover but it has substantial firepower, with GBP701M cash by 2012, to add a further dimension. Has a buy rating. Shares -3% at 227p. (ISD)

for all you chartists!!!


CHART Invensys ST: as long as 213.25 is support look for 280.75
(TRADING Central) PARIS

Our pivot point is at 213.25.

Our preference: as long as 213.25 is support look for 280.75.

Alternative scenario: below 213.25, expect 189.75 and 176.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day MA (standing respectively at 227.29 and 196.62).

Supports and resistances:

295 *

280.75 **

266.5

234.5 last

222.25

213.25 **

189.75 *

(c) TRADING Central 07-06-09

cleanning was needed though.

Bullish comment from Zak Mir Pro TA chartist......

Zak Mir



Reged: 28/06/07
Posts: 859
Re: Invensys (ISYS)
#447912 - 09/06/09 04:10 PM Edit Reply Quote



Although a Paris based chartist may simply look back and see what the last major high on a stock is to give you a target, a British chartist like myself draws a line of resistance from November to target 320p on a 3 month view. The stop loss is a January 2009 support line at 210p.

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 6
Sell 1
Strong Sell 1

Total 14

ISYS Invensys on a charge today and I can see why.... just broken out upwards from a flag chart pattern. Should be on our way to 280p plus and then a smidging of resistance around 300p......NICE
"

Invensys up on Goldman sector upgrade
Thu Jun 11, 2009 8:43am BST

Shares in British engineer Invensys (ISYS.L) rise 3.6 percent after Goldman Sachs upgrades the company, which makes industrial controls and automation systems, to "buy" from "neutral".
"The group's Operations Management business appears to be weathering the downturn better than we had expected, and in the context of our higher 2009 and 2010 end-market forecasts for oil and gas capex, we raise our forecasts for the company," Goldman says in a note.

BRIEF-Nomura starts European capital goods
12 Jun 2009 - 07:35

June 12 (Reuters) - * Nomura starts European capital goods sector with bullish stance * Nomura rates Alstom Demag Cranes Invensys buy * Nomura rates philips , Rexel Schindler buy * Nomura rates Schneider Electric SKF AB Smiths Group

buy * Nomura rates Atlas Copco Bodycote KONE reduce * Nomura rates Konecranes Tognum Tomkins reduce

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

After some quiet days, should start a ride to 24p imo
Add while some sellers exist.

very jumpy!!

gf
looks like another one you got right.well done. i took a punt just before the xmas close that it will break up thro that 300 resistance you mentioned. could be wrong but using a daily trend line stop loss to hopefully keep me in my position, if not will take a small loss.
regards
jkd

350 is the next stop, I think.
My target is 460 by year end.

Invensys ISYS looks like we could have a good run up to trading statement next Friday the 22/1.

Sp attacked resistance at 312p and finally overcame at the fourth attempt, the resistance now turned support which looks rather bullish to me.



SP target former resistance at 350p and then 400p...........




Fundies back up..............

Broker recommendation
Date: 12 January, 2010

Broker: Goldman Sachs
Company: Invensys


Recommendation:
Lifts price target to to 427p from 310p

RPT-INTERVIEW-UPDATE 1-Alstom Transport eyes deals, partnerships
05 Jan 2010 - 17:06

(Repeats to remove duplicate text)

* Alstom eyeing rail signalling, maintenance tgts-unit chief

* Interested in partnerships in India

* Bullish about rail prospects in U.S.

* Confident on track to reach 7-8 pct margin goal in 2010

(Adds further details, quotes)

By Leila Abboud and Benjamin Mallet

PARIS, Jan 5 (Reuters) - Alstom is eyeing acquisitions in rail signalling and maintenance as well as looking for partnerships in India as a way to boost growth and stay ahead of new Chinese rivals, the head of the group's transport unit said.

"The rail sector is getting more competitive, and we must adapt," said Philippe Mellier, the president of Alstom Transport in an interview with Reuters on Tuesday.

"There are three new competitors out of China and Russia that did not exist a decade ago and now have gotten quite large."

China's Southern Railway and Northern Railway groups as well as Russia's Transmashholding are "clearly serious competitors", he said. Alstom also faces traditional rivals Canada's Bombardier Inc. and Germany's Siemens AG .

In March, Alstom signed a partnership with Transmashholding, taking a 25 percent stake in the firm.

Alstom's transport business brought in 5.7 billion euros in the fiscal year ended March 31, 2009, or about 30 percent of the group's revenues and one-quarter of its operating profits.

Alstom is a global leader in high-speed trains and also sells a range of rail equipment and maintenance services.

The rail sector has held up well despite the economic crisis due to government stimulus plans that include billions in infrastructure spending and mounting environmental concern.

European rail trade group UNIFE forecasts rail spending to grow 2.5 to 3 percent a year to reach 111 billion euros in 2016.

Mellier said Alstom's comprehensive product line and global reach gave it a unique advantage over its competitors. "That is our key strength -- even if we are attacked on one product or market, we can expand into another," he said.


LOOKING TO INDIA

To that end, Alstom is looking for opportunities in high-growth markets such as India.

"We have met with potential partners there, and we are definitely interested in a venture with Indian Railways or industrial companies like BHEL or BEML," said Mellier, referring to Bharat Heavy Electricals Ltd. and Bharat Earth Movers Limited .

Mellier was also bullish about the prospects for growth in the United States, where President Barack Obama has pledged $8 billion for high-speed and regional rail projects.

"This is clearly the beginning of a trend in the U.S. that will see the end of the country's complete reliance on the automobile and the airplane," he said.

When asked about potential acquisitions, Mellier said Alstom was interested in buying companies specialised in rail signalling systems, although he said there did not appear to be many up for sale.

"We are looking and there are certain targets but it takes two to tango and for now, not much is moving," he said.

He cited as targets the signalling businesses of Italy's Ansaldo , England's Invensys , and France's Thales .

Mellier said he would also be on the lookout for acquisitions of rail maintenance companies, which tend to be smaller local actors Alstom could buy for their roster of clients. Mellier said he expected train operators to increasingly outsource maintenance as they focused more on customers' needs and marketing, making this a growth area.

Maintenance revenues could double to 2 billion euros in the next ten years, he said. "It is clearly our business with the most room for growth, he said.

Mellier said he was confident the transport unit would reach its goal of 7 to 8 percent profit margin for FY2010. "We were already at 7 percent in September, for the first half of the year, so that shows that we will be within our guidance range," he said. (Reporting by Leila Abboud and Benjamin Mallet; editing by Karen Foster) ((leila.abboud@thomsonreuters.com; + 33 1 49 49 51 82; Reuters Messaging: leila.abboud.thomsonreuters.com@reuters.net))


Keywords: ALSTOM =2

Good news.... Price target raised to 375p.........

13 Jan 2010 - 15:13

Jan 13 (Reuters) - European Capital Goods: * Bofa merrill cuts Tomkins and SGL to underperform from buy * Bofa merrill cuts GEA to neutral from buy * Bofa merrill raises Alstom to buy from neutral * Bofa merrill raises Atlas Copco price target to SEK 118 from SEK

110 * Bofa merrill raises Metso price target to EUR 30 from EUR 27 * Bofa merrill raises Assa Abloy price target to SEK 150 from SEK

135 * Bofa merrill cuts Electrolux price target to SEK 195 from SEK 200 * Bofa merrill raises Sandvik price target to SEK 85 from SEK 75 * Bofa merrill raises SKF price target to SEK 130 from SEK 115 * Bofa merrill raises philips price target to EUR 22 from EUR 20 * Bofa merrill raises Schneider price target to EUR 75 from EUR 65 * Bofa merrill raises Charter price target to 850P from 800P * Bofa merrill raises Invensys price target to 375P from 350P * Bofa merrill raises Spectris price target to 850P from 825P * Bofa merrill raises Weir price target to 900P from 800P * Bofa merrill raises GKN price target to 140P from 130P * Bofa merrill raises IMI price target to 600P from 590P * Bofa merrill raises Spirax Sarco -price target to 1350P from 1300P * Bofa merrill raises Rotork price target to 1100P from 1000P

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

BROKER CALL: Invensys upgraded by Morgan Stanley
21 January, 2010 08:00:04 AM


Broker goes to overweight from neutral on the electronic controls company while raising its price target to 360p from 300p. MS says: 'We raise our rating, price target and estimates
because we discern early signs of a recovery in process automation, as well as margin upside from cost cuts.'

Solid Update.....

Invensys Says Its On Track To Improve FY Performance
By Jonathan Buck
DOW JONES NEWSWIRES

LONDON (Dow Jones)--U.K. technology and engineering group Invensys PLC (ISYS.LN) Friday said third-quarter operating profit was up year-on-year, as expected, and it continues to believe its performance in the current fiscal year will be better than the last one.

"Based upon our current views of our markets and exchange rates, we continue to expect that the group will achieve an improvement in performance in the current year," the company said in a trading statement covering the period since Sept. 30.

Invensys, which for more than five years has been restructuring its operations to cut costs and reduce cyclicality in its businesses, in 2009 reported operating profit of GBP244 million on revenue of GBP2.28 billion.

The company supplies software, consultancy and equipment to monitor, control and automate processes in environments ranging from oil refineries and power stations to railways and domestic appliances. Its customers include BP PLC (BP.LN), Exxon Mobil Corp. (XOM), Nestle SA (NESN.VX) and Starbucks Corp. (SBUX).

Its shares closed Thursday at 303 pence. They have more than doubled in value in the past 12 months.

these "went" on a stop loss also on friday. had a profit didnt take it.
didnt lose any money though.getting to know it.
regards
jkd

ISYS is debt free and most contracts in Asia.

Why the rise this time?

FT talks about four possible bidders.

RESULTS FOR THE YEAR ENDED 31 MARCH 2011(1)

Financial highlights - continuing operations

-- Order intake was GBP2,452 million (2010: GBP2,473 million), down 1% (down 3% at CER(2) )

-- Revenue was GBP2,486 million (2010: GBP2,243 million), up 11% (up 9% at CER)

-- Operating profit(3) rose 6% (up 5% at CER) to GBP262 million (2010: GBP248 million)

-- Underlying earnings per share rose 48% to 19.8p (2010: 13.4p)

-- Operating cash flow was GBP213 million (2010: GBP265 million) and free cash flow was GBP83 million (2010: GBP100 million)

-- Recommended final dividend of 2.5p per share (2010: 2.0p per share); total dividends for the year of 4.0p per share (2010: 3.0p per share)

-- Continued strong financial position with net cash of GBP348 million

Business highlights

-- Strong order intake in Invensys Operations Management and Invensys Controls offset by fewer large orders in Invensys Rail

-- Major contract awards during the year for control and safety systems at four nuclear reactors in China

-- Good revenue growth across the Group driven by large greenfield contracts in Invensys Operations Management and new market contracts at Invensys Rail

-- Provisional outcome of triennial review of UK Main Pension Scheme shows no change in deficit funding contribution schedule

Wayne Edmunds, Chief Executive of Invensys, commented:

"I am delighted to be leading Invensys in the next stage of its development. Having worked closely with our businesses over the past two years as Chief Financial Officer, it is clear to me that we have three strong divisions each with management strength in depth and the ability to create significant growth and value. We are a global company operating in end markets which each have strong growth prospects. Our overall strategy remains unchanged but we will have an increased focus upon execution."

"We have produced another good performance for the year and, looking forward on a constant currency basis, we expect a year of further progress."

INTERIM MANAGEMENT STATEMENT



Q1 2011/12 performance and outlook

Overall the Group made a solid start to the financial year with revenue and operating profit before exceptional items in line with our expectations and, based upon this performance, we continue to expect that on a constant currency basis we will achieve a year of further progress.



Invensys Operations Management

As anticipated, Invensys Operations Management's strong performance in the prior year continued into the first quarter. Excluding a China nuclear order booked in the first quarter last year, order intake was ahead in each major region and across each of our three business sectors, namely control and safety, advanced applications and equipment. Revenue growth was driven in particular by the further ramp-up of work on recently won large greenfield contracts. As expected this change in sales mix has tempered improvements in operating margins.



Invensys Rail

Invensys Rail produced a satisfactory performance in the first quarter of the year with the conversion of its large order book in new markets more than offsetting a slow down in revenue from its traditional markets. Order intake was comparable to the first quarter of last year and it has also recently been awarded a large framework agreement by Network Rail for the Thameslink project in London. The order pipeline remains strong with several large contracts due to be decided during the remainder of the financial year.



Invensys Controls

Invensys Controls experienced lower than expected demand in its core appliance markets in Europe and North America which adversely impacted its first quarter performance. However, based upon customer comments, we expect a recovery in performance during the rest of the financial year, particularly in the second half.



Financial position

At 30 June 2011, the Group had net cash totalling 253 million. The 95 million reduction in the quarter was due mainly to an expected working capital outflow related to large projects in Invensys Operations Management and Invensys Rail, deficit reduction payments into the US and UK pension schemes and a number of other non-operating outflows including for the acquisition of the minority interest in a Chinese subsidiary, Shanghai Foxboro Company Limited.

Where can I find the result day for isys?
Any idea, please.

It's next week - Financial Calendar

thanks,
have you baught any?

No, I'm not in these currently.

It jumped after my purchase minuted ago. Will add more while below 215.
expect 230 after results.

Good luck!

01 November 2011

1 November 2011

Invensys Rail Awarded GBP28m Reading Western Mainlines Signalling Contract

Network Rail has awarded the GBP28 million signalling contract for the Reading Western Mainlines programme to Invensys Rail.

The scope of the overall programme covers the remodelling of the Reading Station Area from Sonning to Pangbourne, a new train care depot and four new platforms which will provide increased capacity at and through the station.

Over the four year contract period, Invensys will be responsible for the design, supply, installation, testing and commissioning of the signalling works, including new LED signals, gantries and posts and new lineside equipment.

The contract award follows the success of the Reading Enabling Project, an intensive 27 month programme which saw control of Reading Station transferred to three WESTLOCK computer-based interlockings at the new Thames Valley Signalling Control Centre at Didcot. One of these will be remodelled as part of the Reading Southern Lines signalling project which will be commissioned over Christmas 2011.

Commenting on the Western Lines programme, David Attmere, Senior Project Manager at Invensys Rail said: "We're absolutely delighted to have been awarded this contract, following the work that we have already completed for the Reading Remodelling programme. The same core team will deliver this next programme of work, remaining co-located on site with Network Rail. This arrangement has worked extremely well and has undoubtedly contributed to the success of the project to date. We're now looking forward to working closely with our Network Rail colleagues to deliver this next challenging and technically complex programme of work."

The first major commissioning of the Reading Western Mainlines project will deliver increased capacity at Reading Station and will take place over Easter 2013; the final commissioning is scheduled for August 2015.

Bill Henry, Project Director for Network Rail in Reading said: "The work Invensys Rail is doing is a vital part of the massive plan to upgrade Reading's railway. We'll be working hand-in-hand with Invensys to install this state-of-the-art signaling technology which will allow us to make huge changes to track layout, increase capacity and cut delays. This work will benefit passengers along the entire Western route, from south Wales and the south west to London."

Half Yearly Report.

RESULTS FOR HALF YEAR ENDED 30 SEPTEMBER 2011
A solid start to the year despite the uncertain macroeconomic climate around the world

Business highlights
Invensys Operations Management has sustained momentum supported in particular by the oil and gas industries in emerging markets; revenue and operating profit were up over 20% at CER1

Invensys Rail received major orders from Network Rail in the UK and, since period end, we have received substantial awards from new markets, particularly the Middle East

Despite some resilience in the commercial and wholesale segments, Invensys Controls experienced a significant downturn due to a weak appliance market

Financial highlights - continuing operations
Order intake was 1,086 million (H1 10/11: 1,148 million), down 5% (4% at CER), with circa 600 million of further awards at Invensys Rail since period end

Revenue was 1,244 million (H1 10/11: 1,162 million), up 7% (8% at CER)

Operating profit2 was 102 million (H1 10/11: 100 million), up 2% (3% at CER), with a good performance from Invensys Operations Management offset by Invensys Controls

Underlying earnings per share3 decreased 7% to 6.9p (H1 10/11: 7.4p) due in part to increased restructuring costs

Operating cash outflow was 11 million (H1 10/11: 83 million inflow) mainly due to the cash profile of some major contracts and we expect a significant improvement in H2; net cash was 192 million

Interim dividend increased by 10% to 1.65p per share (H1 10/11: 1.50p per share)

The IAS 19 pension liability reduced by 140 million to 327 million (31 March 2011: 467 million)

Outlook

We continue to expect that on a constant currency basis we will achieve a year of further progress

RNS Number : 8252T

Invensys PLC

13 December 2011

13 December 2011

Mike Caliel appointed President and CEO of Invensys Operations Management

Invensys plc announces the appointment of Michael J (Mike) Caliel as President and CEO of Invensys Operations Management with effect from 1 January 2012.

Mike was previously with Invensys from 1993 to 2006, latterly as Chief Executive of Invensys Process Systems, the largest of the predecessor companies that were brought together to form Invensys Operations Management in early 2009. He has over 25 years experience in the industry and was until recently CEO of Integrated Electrical Services, Inc.

He is taking over from Sudipta Bhattacharya who joined the Group in 2007 as President of the Wonderware Software division and has been the leader of Invensys Operations Management since February 2009. Sudipta has decided to leave next year to take up a new role outside Invensys. In the meantime, he will be working with Mike to ensure a smooth transition of responsibilities within the division and will also be assisting on group business development in the Middle East and Asia.

Wayne Edmunds, Chief Executive of Invensys plc, commented:

"I am delighted to welcome Mike back to Invensys into a role which is very familiar to him. He has first class experience in the industries the division operates in, our customers as well as our products and technologies. His enthusiasm and drive will now be directed to building on the division's strong market positions.

"I would like to thank Sudipta for his tremendous efforts over the past four years where we have continually shown double digit growth at Wonderware and then at Invensys Operations Management and wish him every success in the future. Invensys Operations Management has shown strong growth since its formation and Sudipta has built an excellent management team to take the business forward under Mike's leadership."

This is a great company printing cash, no debt.
440 is my target ...but when!

Record contract for this year. If they win another job in Germany or UK, it will fly. Spending in rail industry will be over £35bln in the two country combined.

Interim Management Statement.

Ooooops!
They are losing n their contracts!!

Wiped me out. Rubbish management.

Bad luck ahoj - these were once a great company.

A bit of interest here.

Final Results.

Highlights

· Order intake was £2,750 million (2011: £2,452 million), up 12% (13% at CER2), with major awards for rail signalling contracts in both new and core markets in Invensys Rail and good momentum across all lines of business in Invensys Operations Management
· Revenue was £2,539 million (2011: £2,486 million), up 2% (3% at CER), driven by large greenfield contracts in Invensys Operations Management and new market contracts at Invensys Rail, offset by a reduction at Invensys Controls
· Operating profit3 was £209 million (2011: £262 million), down 20% (20% at CER), following £60 million of additional contract costs announced in January 2012
· Underlying earnings per share4 were 13.4p (2011: 19.8p), down 32%
· Operating cash flow was £159 million (2011: £213 million) and net cash at year end was £262 million (2011: £348 million)
· Sound financial position following signing of new £600 million bank facilities and reaching final agreement on triennial review of Invensys Pension Scheme (UK) which resulted in no change in funding plan
· Recommended final dividend of 2.75p per share (2011: 2.5p per share); total dividends for the year of 4.4p per share (2011: 4.0p per share), an increase of 10%

http://uk.advfn.com/news/DJN/2012/article/52839151
Takeover approach, not by Siemens yet!

That's not looking pretty when it comes out of auction!

And there it is open -17%

No news about the bid yet!

Invensys have a big tie-up with China - maybe the slowing in growth there is having an effect?

This is the only share in my list going against expectation.Still falling.

incredibly cheap today!

Downgrade from UBS today.

What is the target price? Do u have links to the news please?

Broker views

UBS Neutral downgrade TP 255p

thank you Skinny. So they are still short since Oct.

In auction +9.2% - something afoot!

Out of extended auction +13%

Invensys in shock £1.7bn rail sale to Germans

Shares in Invensys, whose rail business is regarded as one of the success stories of the British technology industry, soared 27pc on the news of the deal with the German engineering company.

It surprised analysts after selling the rail division for just £50m less than market value of the entire industrial software company. As part of the deal, Invensys will hand £625m back to shareholders, as well as a further £625m to its own pension fund.
But the sale of a business regarded by some in the City as Invensys’s “crown jewels” raises the prospect of a counter-offer for the unit or even a potential break-up bid for the entire company. It could also raise concerns over the sale of another major British technology business to a foreign owner.

Canada’s Bombardier is seen as a another potential bidder for the Invensys rail business, and interest could also come from Chinese and Japanese rail companies such as China Southern Rail and Hitachi Rail.

General Electric and ABB have also been seen in the past as buyers of the whole company and the sale of the rail unit raises the prospect of a counter-bid for the entire business.

Deutsche Bank raises price target to 295p from 230p - also some others have done similarly.

I did hold these for a while but not currently - great jump if you have them, Skinny!

Ah that German deal explains it - thought there must have been something like that in the background

I have held them several times over the years - but sadly, not now!

Isn't that just typical eh? I'm not kicking myself though - would be black and blue by now!

Thankfully I hold some. I paid so much interest as they are in CFD account, but well worth it.
Expecting £4.

Well done ahoj - I was tempted when I posted yesterday, but these have had spikes like that before which have amounted to nothing - so that exactly what I did - nothing!!

I was kicking myself for not selling six months ago, when spiked and I was quoted for 266!
I sold 30% ealier today at 314 and will keep the rest for £4+. Pension will be resolved and the rest, two third of business will be in a better shape after this deal. IMO

Yes - well done Ahoj!

The sale of their railway business to Siemens should be nearing completion, will this clear the way for a bid for the remaining controls etc operations?

results due 16th May sale of railway business completed,return of capital (76p) per share will be paid shortly thereafter.

newspaper reports suggest bid coming from the US.

sp up 4% so far today.

sp moving up towards the close is that bid coming?

Most likely.


I was telling everyone to buy when it was 165p over a year ago.

ahoj must have been five years ago looking at their chart.

January 2012, when it crashed following an announcement.

ahoj not a closing price according to the charts.

RNS sale of railway business to Siemens completed for £1.7 billion.

Siemens could buy it two or three years earlier at half the price. It is unfortunate that they follow advise from big boys, and wait until the market is strong and pay high prices.

Common mistakes by big companies are the result of guidance (in fact misguide) by their advisors (big banks, so called investment specialists/advisors !!!)...

Good for ISYS.

sp reaches £4 ahead of next weeks results.

Yes, as I stated above, Siemens could buy the whole company around 128p a share, pay less for the whole company.....

Those who downgraded ISYS then are the main winners.

not yet clear what effect the capital repayment of 76p per share will have on the sp or their issued share capital of 815m shares, possible increase in dividend with next weeks results.

Sunday Times article suggests either Schneider Electric of France or Emerson of US are preparing to bid around 500P for ISYS. Results out next Thursday 16th May.

Final Results

Business highlights

· Disposal of Invensys Rail for £1,742 million was completed on 2 May 2013
- Agreements with Trustee of UK Pension Scheme implemented with contributions of £400 million to UK Pension Scheme and £225 million to a reservoir trust; no further contributions are expected to be made for the foreseeable future
- Subject to shareholder approval, return of £625 million of cash to shareholders (amounting to around 76 pence per share) to be implemented as soon as practicable
· Invensys is now a focused supplier of industrial software, systems and control equipment, delivering state-of-the-art technologies to the world's major industries
· Reorganisation of Group underway including the elimination of former divisional headquarters resulting in savings in overheads of £25 million per annum by April 2014
· Improved transparency going forward with four new business segments - Software, Industrial Automation, Energy Controls and Appliance

Financial highlights for continuing operations2

· Order intake was £1,700 million (2012: £1,759 million), down 3% (down 2% at CER3); Invensys Operations Management improved in the second half to produce orders in line with last year but Invensys Controls experienced a further market-led decline
· Revenue was £1,792 million (2012: £1,764 million), up 2% (up 3% at CER), driven by order book conversion at Invensys Operations Management more than offsetting the decline at Invensys Controls
· Operating profit4 rebounded to £131 million (2012: £93 million), up 41% (up 40% at CER) with our China Nuclear contracts stabilised
· Underlying earnings per share5 were 8.5p (2012: 5.3p), up 60%
· Operating cash flow was £136 million (2012: £124 million) and operating cash conversion was 104% (2012: 133%); net cash at year end (before receipt of Invensys Rail disposal proceeds) was £268 million (2012: £262 million)
· Recommended final dividend6 of 2.85p per share (2012: 2.75p per share); total dividends for the year of 4.6p per share (2012: 4.4p per share), an increase of 5%

profit on sale of Rail business £1.4billion share consolidation planned but terms yet to be announced? future dividend to be maintained (4.6p) on reduced share capital, watch this space.

Return of cash

Invensys plc ("Invensys" or the "Company")

· Announcement of terms of the return of £625 million to Invensys shareholders ("Shareholders") (the "Return of Cash")
· Return of 76.7 pence per existing ordinary share in the capital of the Company ("Existing Ordinary Share")
· 4 new ordinary shares ("New Ordinary Shares") for every 5 Existing Ordinary Shares (the "Share Capital Consolidation")
· Nil Cost Dealing Facilities made available to holders of 1,200 or fewer New Ordinary Shares

Invensys today confirms its intention to return approximately £625 million of the cash proceeds received from the Company's recent disposal of its Rail Division to Siemens through a return of 76.7 pence per Existing Ordinary Share to Shareholders on the register as at 6.00 p.m. on 11 June 2013 (the "Record Time"). The Return of Cash has been structured to allow Shareholders, subject to applicable overseas restrictions, to elect to receive their proceeds as immediate income, immediate capital, deferred capital or any combination of the three (the "Alternatives").

.

RNS indicative bid from Shneider Electric.

Sold 25k of these at 175 over a year ago, lost thousands £. That was following a profit warning and negative media coverage on the day !!!!!!!