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

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