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

Thankfully I hold some. I paid so much interest as they are in CFD account, but well worth it.
Expecting £4.

Well done ahoj - I was tempted when I posted yesterday, but these have had spikes like that before which have amounted to nothing - so that exactly what I did - nothing!!

I was kicking myself for not selling six months ago, when spiked and I was quoted for 266!
I sold 30% ealier today at 314 and will keep the rest for £4+. Pension will be resolved and the rest, two third of business will be in a better shape after this deal. IMO

Yes - well done Ahoj!

The sale of their railway business to Siemens should be nearing completion, will this clear the way for a bid for the remaining controls etc operations?

results due 16th May sale of railway business completed,return of capital (76p) per share will be paid shortly thereafter.

newspaper reports suggest bid coming from the US.

sp up 4% so far today.

sp moving up towards the close is that bid coming?

Most likely.


I was telling everyone to buy when it was 165p over a year ago.

ahoj must have been five years ago looking at their chart.

January 2012, when it crashed following an announcement.

ahoj not a closing price according to the charts.

RNS sale of railway business to Siemens completed for £1.7 billion.

Siemens could buy it two or three years earlier at half the price. It is unfortunate that they follow advise from big boys, and wait until the market is strong and pay high prices.

Common mistakes by big companies are the result of guidance (in fact misguide) by their advisors (big banks, so called investment specialists/advisors !!!)...

Good for ISYS.

sp reaches £4 ahead of next weeks results.

Yes, as I stated above, Siemens could buy the whole company around 128p a share, pay less for the whole company.....

Those who downgraded ISYS then are the main winners.

not yet clear what effect the capital repayment of 76p per share will have on the sp or their issued share capital of 815m shares, possible increase in dividend with next weeks results.

Sunday Times article suggests either Schneider Electric of France or Emerson of US are preparing to bid around 500P for ISYS. Results out next Thursday 16th May.

Final Results

Business highlights

· Disposal of Invensys Rail for £1,742 million was completed on 2 May 2013
- Agreements with Trustee of UK Pension Scheme implemented with contributions of £400 million to UK Pension Scheme and £225 million to a reservoir trust; no further contributions are expected to be made for the foreseeable future
- Subject to shareholder approval, return of £625 million of cash to shareholders (amounting to around 76 pence per share) to be implemented as soon as practicable
· Invensys is now a focused supplier of industrial software, systems and control equipment, delivering state-of-the-art technologies to the world's major industries
· Reorganisation of Group underway including the elimination of former divisional headquarters resulting in savings in overheads of £25 million per annum by April 2014
· Improved transparency going forward with four new business segments - Software, Industrial Automation, Energy Controls and Appliance

Financial highlights for continuing operations2

· Order intake was £1,700 million (2012: £1,759 million), down 3% (down 2% at CER3); Invensys Operations Management improved in the second half to produce orders in line with last year but Invensys Controls experienced a further market-led decline
· Revenue was £1,792 million (2012: £1,764 million), up 2% (up 3% at CER), driven by order book conversion at Invensys Operations Management more than offsetting the decline at Invensys Controls
· Operating profit4 rebounded to £131 million (2012: £93 million), up 41% (up 40% at CER) with our China Nuclear contracts stabilised
· Underlying earnings per share5 were 8.5p (2012: 5.3p), up 60%
· Operating cash flow was £136 million (2012: £124 million) and operating cash conversion was 104% (2012: 133%); net cash at year end (before receipt of Invensys Rail disposal proceeds) was £268 million (2012: £262 million)
· Recommended final dividend6 of 2.85p per share (2012: 2.75p per share); total dividends for the year of 4.6p per share (2012: 4.4p per share), an increase of 5%