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....

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.