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Invensys - Recovery Play (ISYS)     

moneyman - 09 May 2003 22:22

Well it seems that ISYS is waiting for news...maybe it's round the corner !

SSA leads chase to buy Baan

2 May 2003 SSA Global Technologies will shortly conclude the purchase of Invensys' Baan software subsidiary, according to mounting rumours circulating in the City of London.

The revitalised enterprise resource planning (ERP) software vendor SSA GT is set to conclude a deal within weeks for Baan — and for radically less than the $708 million that Invensys, the troubled engineering conglomerate, paid for it in 2000.

SSA GT is awash with cash after raising $75 million from venture capital group General Atlantic Partners just last month. CEO Mike Greenough's plans to make SSA GT a $400 million company by July 2003 are well known. It even retains a head of acquisitions to research potential opportunities.

Both Baan and SSA GT were once top five ERP software vendors.

In April 2002, SSA bought the Interbiz ERP division of Computer Associates, but its revenues still run far short of Greenough's target. In the second fiscal quarter to the end of January 2003, the company posted revenues of $64 million, up 55% on the same period a year earlier.

System Software Associates (SSA) was one of the stars of the early enterprise resource planning (ERP) software sector, but sales collapsed dramatically in the mid-1990s following the botched introduction of new product.

Called BPCS 6, the package was bug-ridden and, before those bugs had been ironed out, the company tried to force users into upgrading. That led to a fall in sales and a crisis of confidence from which it never recovered.

It filed for Chapter 11 bankruptcy protection in 2000 and the assets were purchased by Gores Technology Group in July of that year. In May 2001, another venture capital investor, Cerberus, took a majority stake in the company.

http://www.infoconomy.com/pages/news-and-gossip/group78868.adp

capetown - 02 Dec 2005 09:00 - 36 of 131

Jumped on board @17.50,looks like this could really start going up to a realyty pricing,Recovery on its way? HEAVy buying

jimmy b - 02 Dec 2005 09:03 - 37 of 131

This has been stormimg ahead from 13p, since the 13th of Nov.

capetown - 02 Dec 2005 09:16 - 38 of 131

jimmy b,lets hope it continues,all the way to?

jimmy b - 02 Dec 2005 09:23 - 39 of 131

It looks like it may struggle to get over 20p ,there are bound to be profit takers who were in early , however if it does whoopee ..:-)

ahoj - 02 Dec 2005 09:49 - 40 of 131

Have you ever seen it being traded so heavily? ... 50 million in the first 95 minutes..... Almost all trades above 19.25, many at 19.75p.
I supposed it was cheap when I bought at 21p!

jimmy b - 02 Dec 2005 15:36 - 41 of 131

Back to where it started , it's going to struggle to cross that 20p barrier.

ahoj - 02 Dec 2005 15:54 - 42 of 131

check the volume... 126M tooooo high to ignore

jimmy b - 02 Dec 2005 16:04 - 43 of 131

Meaning ??

capetown - 12 Jan 2006 08:47 - 44 of 131

ISYS UP some 20% over last four days

Time to take a look

Next ashtead in the making?

driver - 12 Jan 2006 09:37 - 45 of 131

I had a look and I am back on board.

capetown - 12 Jan 2006 09:41 - 46 of 131

Driver.
I know its volatile,but its breaking out.

GOOD LUCK

ahoj - 12 Jan 2006 12:10 - 47 of 131

After 25p it will be a safe buy. It may still fall to 20p.

capetown - 12 Jan 2006 12:16 - 48 of 131

AHOJ

Would you mind explaining why you think that @25p

Really interested and always learning,is that from the charts that you have reached this conclusion?
Many thx

ahoj - 12 Jan 2006 12:58 - 49 of 131

yep plus gut feeling etc. 25p has been tested many times. But it should move another 15% to get there. You may like to take the risk and buy now. All IMHO .... DYOR etc. Can you share your views?

capetown - 12 Jan 2006 13:07 - 50 of 131

AHOJ,
I bought @18 sold @19.75

In yesterday again @20.25 BUt will stay with it,i have a feeling this is going to do an ASHTEAD over the next couple of years.Remember aht? i thought i did well buying @2 selling @67 NOW 2 ish

stay with it,if the pension deficit gets sorted out and i believe it will,as all companies are on the bandwagon,i think it will easily hit 30 short term. But i am staying with this one unless there is any BAD news of course by the time we get to hear about it,its usually too late anyway!

Good luck

driver - 12 Jan 2006 17:38 - 51 of 131

LONDON (AFX) - Shares in Invensys PLC extended recent gains in late
morning
trade as Dresdner Kleinwort Wasserstein upgraded the stock to 'hold' from
'reduce', raising its price target to 21 pence from 5, dealers said.
In a report to clients, Dresdner highlighted its optimistic outlook for the
sector in 2006. Dresdner thinks G7 GDP growth should step up and noted US peer
order trends are showing an acceleration and key end markets (oil and
gas/mining) will increase capex growth in 2006.
In Dresdner's view, these sector trends should benefit Invensys this year,
noting that Invensys has good exposure to the oil and gas end market through
its
Foxboro business.
Despite the upgrade, Dresdner stressed that its main concerns over the
quality of the business remain, in particular the company's exposure to the US
consumer through its appliance controls business, which also has tough
competition from low cost competitors in China.
Moreover, Dresdner cautioned that Invensys' balance sheet position is
still
stretched with net debt of 690 mln stg and a pension deficit of 540 mln stg.
Earlier this week Standard & Poor's raised its outlook to 'stable' on
Invensys, having had a negative stance for several years.
At 10.56 am, shares in Invensys were up 1 penny, or 4.7 pct, at 22, while
the FTSE 250 was 18.5 points higher at 8,946.5.
newsdesk@afxnews.com


Abdul - 16 Jan 2006 12:48 - 52 of 131

bright future ahead of it, so stick wit it

driver - 16 Jan 2006 15:54 - 53 of 131

This is good news
Standard Life Investments have increased their holding by 340 million +
http://moneyam.uk-wire.com/cgi-bin/articles/200601161455479894W.html

capetown - 29 Jan 2006 19:24 - 54 of 131

Up 5% @close fri,Seems to be holding steady @21p level,still off its recent high 23p,
Where to now,Holding and hoping,any thoughts driver would be most appreciated good or bad.

driver - 29 Jan 2006 21:13 - 55 of 131

capetown
I'm holding but don't know why or even why I bought, now on the back burner till they hit 100p one day.
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