with this moving and holding in there, the rumour of a 400p takeover (Sunday press/FT etc) that has been around for weeks may finally be transpiring....

moving ahead....keep an eye on these!

keep an eye on this one...had a dip through 300 and now seems to be back in favour.

boy, have i got this one wrong! in at 310 an watching it slip down my right leg. looks like the US firm sniffing around may be put off by the dollar moves...

what a turnaround today!

still watching, still waiting

ok, i know i am the only contributor here but at 300p these will be 330p in a week or so. they are trading in a classic technical pattern and with all the bid stuff quietening down after the the last quarter of 2004 these look like they are back in play. a great trading stock....have a few for 2005!

Proptrade, I think that AMEC should be able to lift earnings from the current level as it appears tome that they trade at a price to sales of about 0.2, and an earnings to sales of somewhat less than 2%. However, I don't like the fact that the the tangible asset base is negative. Otherwise, I think that this is an interesting play with possibility of a bid as an upside.dyor

i have to say that this is a takeover and valuation play all in one. these is a t/o premium in here but is is likely to see a swoop by a US firm looking for access to their contracts. as you rightly say , DYOR.

i cannot stress how this is trading out as i have stated above. 330 within a few sessions. please put it on your watch pages!

keep watching. some serious momentum building!

Arrrggh! Been watching this this afternoon, then missed the jump again near the close. Too busy doing other emails and stuff! Must pay a closer attention!

Put a small spreadbet on this one earlier this afternoon. Didn't want to miss out on the excitement.

Was going to do same but missed the rise. Still, theres always Monday.

welcome, welcome!

well these have had a nice week and i feel these have more to run. momementum is there and volume is consistent. i really think 330 is on the cards and who knows, a bid would be nice!

well we are almost there....anyone been following this since last week!

great statement, results in march, great volume and still a takeover in the wings. limited downside at worst and a higher big figure at best!

By the way in the Telegraph on Sat.,AMEC given a buy rating by house broker Dresdner Kleinwort Wasserstein.

cheers. i had missed that. think this is a solid big cap to hold at least until results.

Lookin' good.

AMEC PLC
24 January 2005
interesting....

AMEC plc

24 January 2005

We have today received a notification (dated 21 January 2005) from Fidelity
Investments on behalf of Fidelity International Limited, its subsidiaries and
its principal shareholder, Mr Edward C. Johnson, that they hold a notifiable
interest in the share capital of AMEC plc of 9,622,236 shares, representing
3.19% of the issued capital of the Company.

Fidelity have not held a notifiable interest in AMEC's shares since 14 July
2004.

come on the AMEC!

on the move again

interesting :-)

AMEC plc

27 January 2005

Pursuant to our obligations under the Listing Rules, we hereby advise you that,
on 26 January 2005, we received a notification from Goldman Sachs International
that as at close of business on 24 January 2005, The Goldman Sachs Group, Inc of
New York no longer held a notifiable interest in the share capital of AMEC plc.

Goldman Sachs had previously notified an interest of 11,142,713 ordinary shares
(as at 24 January 2005) which at that time represented 3.36% of the issued share
capital of AMEC plc.


C L Fidler
Assistant Company Secretary

yeah, i think they just tipped under the 3% threshhold...

marching forward again. guys, those that know me know that i am not one of these ramper/derampers so all i ask is put this on your watch pages and judge for yourself. This is a great trading stock and potential t/o target and is currently being propelled on upward momentum. enjoy.

i know noone is watching but look keep an eye on these!!!!!!!!!

I keep taking my eye of the ball here so thanks for bringing it back into view. Trying to watch too many things right now!

i know i am boring with this stock but here it goes again

big deal....

AMEC PLC
02 February 2005


AMEC JV preferred bidder for UK's largest schools PFI

2 February 2005:AMEC plc, the international project management and services
company, announces that an AMEC-led joint venture has been appointed preferred
bidder on the UK's largest schools PFI project to deliver 17 new and two
refurbished secondary schools for South Lanarkshire Council.

'This win reflects our longstanding and successful strategy of selective
investment in PFI, focusing on complex projects where we can bring together our
investment, design, delivery and maintenance skills to secure multiple income
streams,' said Sir Peter Mason, Chief Executive of AMEC. 'Our portfolio of PFI,
urban regeneration and wind energy projects is an important investment for AMEC
that we expect to see making an increasing contribution.'

In addition to its equity investment of around 7 million, AMEC will benefit
from contracts to design, construct and refurbish the schools, redevelop surplus
land around 12 of the sites and provide estate management services over the
30-year concession period, together worth in excess of 290 million. Financial
close is expected in mid-2005 with construction beginning immediately
thereafter, involving a phased delivery with final completion mid-2009. The work
was won through the inspirED joint venture in which AMEC, investment group
Innisfree and Equion have an equal share.

AMEC had around 40 million invested in PFI projects at 31 December 2004 and has
current commitments to invest a further 60 million including South Lanarkshire
Schools, Colchester Hospital and the Docklands Light Railway Woolwich Arsenal
extension, which are currently at the preferred bidder stage. South Lanarkshire
Schools brings AMEC's UK PPP portfolio to 12 projects of which five are
operational with the remainder in the delivery stage.

and up...again! look at the chart...buy buy buy

yet more good news!

AMEC PLC
11 February 2005


11 February 2005

AMEC and National Grid Transco sign 280 million alliance contract

AMEC plc, the international project management and services company, announces
that it has secured an eight-year alliance contract worth approximately 280
million from National Grid Transco ('NGT') to replace gas mains along the M1
corridor between Sheffield and Leicester.

'AMEC's proven alliancing expertise and our track record in delivering and
maintaining assets over the long term ensured we were the right partner for
NGT,' said Sir Peter Mason, Chief Executive of AMEC. 'We look forward to taking
a lead role in ensuring the alliance shares best practice in programme
management, safety, health and the environment, service delivery and community
relations.

The work will be carried out by a joint AMEC and NGT alliance team, which will
commence in Sheffield, Nottingham and Derby on 1 April 2005 and in Leicester a
year later. The contract includes a possible extension for a further five years
and is part of NGT's continued mains replacement programme.

AMEC has worked continuously for NGT and its predecessor companies for more than
50 years providing a range of services from large diameter pipelines through to
the replacement of local distribution networks.

Over the last five years, AMEC has been undertaking substantial network renewal
work in North London, East Anglia, South Wales and the West Midlands and last
year it secured a further contract for Fulcrum Connections, part of NGT, to
provide new gas mains and services to selected areas in the South West.

yet more good news!

AMEC PLC
11 February 2005


11 February 2005

AMEC and National Grid Transco sign 280 million alliance contract

AMEC plc, the international project management and services company, announces
that it has secured an eight-year alliance contract worth approximately 280
million from National Grid Transco ('NGT') to replace gas mains along the M1
corridor between Sheffield and Leicester.

'AMEC's proven alliancing expertise and our track record in delivering and
maintaining assets over the long term ensured we were the right partner for
NGT,' said Sir Peter Mason, Chief Executive of AMEC. 'We look forward to taking
a lead role in ensuring the alliance shares best practice in programme
management, safety, health and the environment, service delivery and community
relations.

The work will be carried out by a joint AMEC and NGT alliance team, which will
commence in Sheffield, Nottingham and Derby on 1 April 2005 and in Leicester a
year later. The contract includes a possible extension for a further five years
and is part of NGT's continued mains replacement programme.

AMEC has worked continuously for NGT and its predecessor companies for more than
50 years providing a range of services from large diameter pipelines through to
the replacement of local distribution networks.

Over the last five years, AMEC has been undertaking substantial network renewal
work in North London, East Anglia, South Wales and the West Midlands and last
year it secured a further contract for Fulcrum Connections, part of NGT, to
provide new gas mains and services to selected areas in the South West.

Amec, the engineering and services company, is in line to win a $1.5bn contract to process nuclear waste for the US government after starting work on a pilot scheme last week ...from the Sunday Telegraph!

Humm - These baby's seem to be having a bit of a rough time over past week. Not aware of any adverse news. Anyone got any information and/or now when results are due to be announced?

results are March 10th. personally i feel their may be a bit of an upward surprise....

great trading stock with a takeover story overhang. low 300 buy and flip them or keep hold for the t/o! either way a quality company that i wil add to if knocked.

back up again, anyone heard anything????

Yesterdays acquisition news and Fidelity have upped their holding by 1%. Maybe behind it?

http://www.uk-wire.com/cgi-bin/articles/200504070849397454K.html

fidelity can't get enough...look at the RNS Holdings over the last couple of months. A stock for the pension in my view!

Do you have a target price on this one or are you holding this long term in a SIPP or such like? Looking at the chart, seems to be near a resistance point but if it breaks through could be some decent upside.

i am holding for the bid spec as of last year and also i think this is a quality growing company which is v. well managed. not in a sipp but a hold until 430 ish. the trader in me i telling me to touch down here for the cycle but i feel this has tested resistance to the point that it should break through... any thoughts?

Dont really know too much about the company, but Fidelity holding 11+% suggests to me that they see a lot of prospects over the med/long term. That is a decent sized holding as well. Can see why you might want to take some profits as it had a good run up from 300, but it seems to be breaking to new highs now, apart from the begining Oct end / Sept spike to 340. It does look as if it has hit this 325 ish resistance a few times and pulled back, so perhaps this time it will break through? Definitely one for me to watch closely here.

thats just it....how many times befor resistance is broken? my view is that these can retest recent highs and push through to 360ish...

Well it looks as if its breaking through that resistance so a good call on your part to keep holding. I would say closing today at this level would be a good sign.

me too. if they break higher on monday then very happy days

Good stuff here.

I will go over it all later.

;-))

this is just one of those quality firms that has gone from strength the strength with a huge order pad and, are a a bid target as well. pension fund holding as far as i am concerned.

Are you lot still In these?

Down on results today, but thats nothing unusual.

Can I ask what your current feeling on the Company Is?

Couldn't resist these at 344.5p.

still bullish and as previously stated a bit of a pension fun hold even though i am in my early thirties!

i think the long term potential and solid order book is as good as any, as is the management, and feel that it may be a longshot but is always a possible t/o target. sit tight, these bounce.

rgds
PT

Thanks prop....It's that bounce that I'm mainly Interested In.

the bounce to 400p hopefully!

Bounced from the off, up 5.5p so far.

you can't keep a good stock down!

AMEC PLC
02 September 2005


AMEC plc

2 September 2005

Pursuant to our obligations under the Listing Rules, we hereby advise you that
Mr T W Faithfull, Non-Executive Director of AMEC plc, has, today, purchased 5000
ordinary shares in AMEC plc at 349.44p per share.


C L Fidler
Assistant Company Secretary


This information is provided by RNS
The company news service from the London Stock Exchange

--------------------------------------------------------------------------------------------------------------


Not exactly a fortune spent but good news all the same.

last of the big spenders but bless him!

AMEC PLC
19 September 2005


AMEC plc

19 September 2005

Pursuant to our obligations under the Listing Rules, we hereby advise that we
have today received a notification from Barclays PLC advising that as at 15
September 2005, through a number of its subsidiaries, they held an interest in
10,259,349 ordinary shares in AMEC plc, which represents 3.08% of the issued
share capital of the Company.


C L Fidler
Assistant Group Secretary




This information is provided by RNS
The company news service from the London Stock Exchange

I'm out of these now but just wondered If this was a buy or sell, any Idea PT?

Suspect It's a buy as they state 3%+ but not sure.

Excellent trading update this morning, see below...............

AMEC said it has enjoyed another year of record performance with 2008 pre-tax profit expected to exceed 200m and EBITA margin expected to be aound 7%. Continued strength in demand saw the order book up around 40% in 2008.

The oil services company said net cash as at 31st December 2008 would be over 750m, compared to a year's average of about 625m.

CEO, Samir Brikho, said: '2008 was another year of significant progress for AMEC. During the last quarter, we were awarded a number of milestone contracts by customers that remain focused on long-term fundamentals. We continue to see a strong and diverse range of attractive prospective contracts across the business and have seen only minor delays and cancellations of prospective projects compared with those we would expect to see normally.

'We view the future with measured confidence. 2009 is expected to be another year of improved performance, driven both by the strength of our order book and increasing benefits from our Operational Excellence programme. AMEC's net cash position remains exceptionally strong and we continue to monitor opportunities for growth through selective acquisition.'

AMEC expects to announce preliminary results for the year ending 31st December 2008 on Thursday, 12th March 2009.

Amec held up very well today after the release of the trading statement.

They finished 6% up at 572p, I think the cash pile gives confidence in todays climate.

AMEC makes a good alternative to my other fave in this sector, PFC ...... i had a little run with these a few weeks and ultimately took my profits ...... however, with the market showing at least temporary resilience, and definite signs of resurgence of oilfield activity in saudi, i have just bought back in (818) ..... i particularly like the fact that the 25 dma has been providing good support

volume is normally only 1.2m, so pretty heavy today at 3m + strong performance .... can't be bad

A stock to go for UK Analyst

Pity Zac can't get the right chart up for amec....

Amec on Monday will be one to listen to, as it releases an interim update. The engineering, project management and consultancy company looks to be responding well to global demand, and the next couple of years are forecast to be pretty good as economic recovery is expected to continue. AMEC's strong cash flow and debt-free position make it look attractive.

It's not paying the highest dividends in the market, with 3% to 3.5% forecast for the next couple of years, but there's a buyback programme in place too, and the shares have rebounded impressively after the slump in the second half of last year.

http://www.moneyam.com/action/news/showArticle?id=4349156

AMEC , the engineering consultant focused on the resources industry, continued to rise one day after announcing it is on track to deliver double-digit percentage underlying revenue growth in 2012

http://www.moneyam.com/action/news/showArticle?id=4424352

Looks like a decent set of results to me, but marked down over 5% in early trading, a question of sell on the news with this one I think.

,

StockMarketWire.com
Oil and gas industry service group AMEC this morning reported revenue of £2.026m in the half-year to end-June, up 37% on the prior year period.

Underlying revenue was up 28%: up 15% excluding £200m of incremental procurement.

The group said it is positioned for double-digit underlying growth, as expected.

EBITA of £152m was up 25%.

Margin of 7.5% was down 70 basis points largely as a result of increased procurement.

Diluted EPS from continuing operations was 36.1p, up 25%.

Operating cash flow was £142m, up £67m.

AMEC said order intake and forward visibility remain good.

The order book is strong at £3.7bn (June 2011: £3.4bn; December 2011: £3.7bn).

The group purchased £158m of shares under the £400m share buyback programme.

Interim dividend per share is up 15% to 11.7p.

CEO, Samir Brikho, said: "AMEC has had an excellent start to the year, with revenue growth boosted by phasing of project execution and procurement in our oil & gas and mining businesses in particular. This flowed into EPS, which was up 25 per cent at 36.1 pence, and operating cash flow - where we also achieved a good performance.

"We have completed two acquisitions year-to-date, expanding our engineering capability in the nuclear sector and further strengthening our geographic footprint in Australia. The pipeline of further acquisition opportunities remains good.

"The order book has been maintained at record levels. We see continued demand for our services, and this has not been significantly impacted by the on-going economic uncertainty. Second half revenues are anticipated to be maintained at broadly the same level as the first half, leaving us on track to deliver double-digit underlying revenue growth for the full-year. We expect to continue to deliver good growth in 2013."

Shore Capital downgraded the stock from buy to hold in response to this mornings results, with shrinking margins a concern.

Can't think that AMEC will stay down for long, we shall see.

engineering consultancy and contractor AMEC was the fourth-most purchased share by the broker TD Direct Investing's private clients this morning. The share fell by 6%, despite AMEC boasting a 37% boost in revenues, when it reported this morning. With a healthy order book and a 15% increase in the interim dividend, the drop in the share price would appear to reflect disappointment, not spooked investors.

http://www.moneyam.com/action/news/showArticle?id=4425560

That'll do for me.

Here she go's.

">

Buy back programme announced now:http://www.moneyam.com/action/news/showArticle?id=4429253

AMEC wins $528m new refinery contract

At 8:11am: (LON:AMEC) AMEC share price was +9.5p at 1062.5p

Story provided by StockMarketWire.com

L&G go above 3% on these.

Goes Ex. Divi this week paying 24.80p.

L&G go below 3%

Half year results http://www.moneyam.com/action/news/showArticle?id=4647194 Finished 10p up on the day.

Contract Win http://www.moneyam.com/action/news/showArticle?id=4663903

Contract Extension http://www.moneyam.com/action/news/showArticle?id=4664761

AMEC not to bid for Kentz Corporation http://www.moneyam.com/action/news/showArticle?id=4667037">

Change of Adviser http://www.moneyam.com/action/news/showArticle?id=4674475

Anyone been on their W/site yet? As the term "with immediate effect" makes me want to know more.

Ex-divi wed 27th Nov (13.5p)

Amec said on Wednesday it has given Foster Wheeler more time to mull its takeover offer.
The consultancy, engineering and project management company reported that the acceptance period offer for Foster Wheeler has been extended to 12 November to allow Foster Wheeler shareholders an opportunity to review the post-effective amendment, which includes Foster Wheeler's third quarter results, released on 3 November.
Samir Brikho, chief executive of Amec, said: "I am delighted that the acquisition process is now nearing the end and completion is expected very soon. With integration planning well underway, we believe the creation of Amec Foster Wheeler is a compelling proposition for our shareholders, our customers and our employees."

Amec takeover offer alert http://http://www.moneyam.com/action/news/showArticle?id=5511194