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

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!