Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
3trades in lighthouse today.why?i ask
Nice little jump up, must have been the results. What will next week bring?
What's happening here? Gone from 480 to 435?. Not clued up here at all.
up 17.50 - Nice movement northwards, may will it continue.
Not been looking for a while & just looking back on trades. There have been some big ones lateley, namely one of £440K on 30th Jan, is something brewing, does anyone know anything?
Nicely going up also RNS......... Appointment of Head of Corporate Development Thu, 4th Jul 2013 07:00 RNS Number : 5591I Invensys PLC 04 July 2013 ? INVENSYS PLC 4 July 2013 Jeremy Morcom appointed Head of Corporate Development at Invensys Invensys plc, the technology group, announces the appointment of Jeremy Morcom as Group Head of Corporate Development. Since 2006, Jeremy has been Head of Corporate Development and a member of the global Executive Committee at Spectris plc, the leading supplier of productivity-enhancing instrumentation and controls for industrial markets. In this role he has led a successful programme to expand existing businesses and acquire in new areas with approximately $900 million invested in over 20 completed acquisitions in the last five years. Prior to joining Spectris, Jeremy was Head of Acquisitions & Divestitures at Invensys plc where, amongst other things, he implemented a multi-$billion disposal and restructuring programme. Before joining industry, Jeremy worked in investment banking for twelve years focusing on M&A advice for clients in the engineering and industrial sectors. Prior to investment banking, he worked in management consultancy. Jeremy will be taking up his new role on 9 September 2013. Wayne Edmunds, Chief Executive of Invensys plc, commented: "I am delighted to welcome Jeremy back to Invensys. He has led the highly successful acquisition programme at Spectris for seven years, during which time the company achieved significant growth in scale and profitability. "Following the sale of Invensys Rail, we have significant funds to reinvest into our business segments mainly through acquisitions and his appointment demonstrates our commitment to deploy these funds in a rigorous and disciplined manner." Contact: Invensys plc Steve Devany tel: +44 (0) 20 3155 1301 Annabel Michie tel: +44 (0) 20 3155 1303 FTI Consulting Andrew Lorenz Richard Mountain tel: +44 (0) 20 7269 7291 This information is provided by RNS The company news service from the London Stock Exchange END
Additional Listing - Replacement Fri, 14th Jun 2013 13:30 RNS Number : 0924H Invensys PLC 14 June 2013 The announcement below replaces an announcement released under RNS number 0891H at 12:27 on 14 June 2013, which contained a typographical error Invensys plc ("the Company") 14 June 2013 Invensys plc announces that an application has been made to the UK Listing Authority and the London Stock Exchange for a block listing of 5,500,000 Ordinary Shares of 12.5p each ("the Shares") to trade on the London Stock Exchange and to be admitted to the Official List. The Shares shall rank equally with the existing issued shares of the Company and will be issued under the following schemes: Invensys Savings Related Share Option Scheme - 1,500,000 shares Invensys 2007 Long Term Incentive Plan - 4,000,000 shares Name of contact and telephone number for queries: Steve Devany, Head of Corporate Communications 020 3155 1301 Name of Company Official responsible for making notification: Timothy Maw, Interim Company Secretarial Professional Date of notification: 14 June 2013 This information is provided by RNS The company news service from the London Stock Exchange END
Nice to see this moving north again. Up 20 (5.06%) as we speak - question is will it stay there?
http://www.invensys.com/en/media/RNSArticle/1105 RNS Number : 1643F Invensys PLC 21 May 2013 Announcement of terms of the return of £625 million to Invensys shareholders ("Shareholders") (the "Return of Cash") · Return of 76.7 pence per existing ordinary share in the capital of the Company ("Existing Ordinary Share") · 4 new ordinary shares ("New Ordinary Shares") for every 5 Existing Ordinary Shares (the "Share Capital Consolidation") · Nil Cost Dealing Facilities made available to holders of 1,200 or fewer New Ordinary Shares Invensys today confirms its intention to return approximately £625 million of the cash proceeds received from the Company's recent disposal of its Rail Division to Siemens through a return of 76.7 pence per Existing Ordinary Share to Shareholders on the register as at 6.00 p.m. on 11 June 2013 (the "Record Time"). The Return of Cash has been structured to allow Shareholders, subject to applicable overseas restrictions, to elect to receive their proceeds as immediate income, immediate capital, deferred capital or any combination of the three (the "Alternatives"). Key elements of the proposed Return of Cash: · Shareholders, subject to restrictions in respect of US Shareholders and Shareholders with a registered address in a Restricted Territory or who are resident or located in a Restricted Territory (being any of the United States, Canada, Australia, New Zealand, Japan and the Republic of South Africa) (together, "Restricted Shareholders"), can elect to receive their cash proceeds of 76.7 pence per Existing Ordinary Share as (i) an immediate income payment (the "Income Option"), (ii) an immediate capital payment (the "Immediate Capital Option"), (iii) a capital payment deferred until after 6 April 2014 (the "Deferred Capital Option"), or (iv) any combination of the above; · Shareholders who do not make a valid election, and all US Shareholders and other Restricted Shareholders, will be deemed to have elected for the Income Option in respect of ALL of their Return of Cash Entitlement; · the Return of Cash is conditional upon shareholder approval, which will be sought at a general meeting of the Company to be held at 11.00 a.m. on Monday 10 June 2013 (the "General Meeting"); · the latest time and date for receipt of Shareholders' elections is 4.30 p.m. on 11 June 2013; · cheques are expected to be despatched to Shareholders and payment by BACS are expected to be made by 3 July 2013 for the Income Option; · cheques are expected to be despatched to Shareholders and CREST accounts are expected to be credited by 3 July 2013 for the Immediate Capital Option; and · cheques are expected to be despatched to Shareholders and CREST accounts are expected to be credited by 21 April 2014 for the Deferr
.......... Extracted from results Dividend and dividend policy The Board has recommended a final dividend of 2.85 pence per share, amounting to £23 million, which brings the total dividends payable in respect of the year ended 31 March 2013 to 4.6 pence per share (2012: 4.4 pence per share), an increase of 5%. The amount paid per share could increase dependent upon the share capital consolidation as detailed below. If the return of cash to shareholders and subsequent share capital consolidation are approved by shareholders and take place as planned, the Board has recommended that the total amount of the final dividend will remain the same, £23 million, but will be paid on the smaller number of shares in issue resulting from the share consolidation. Therefore the amount paid per share would increase and details of these changes will be set out in the circular to shareholders to be issued regarding the return of cash. Subject to approval by shareholders at the AGM on 25 July 2013, the final dividend will be paid on 2 August 2013 to shareholders on the register at 21 June 2013. A dividend reinvestment plan (DRIP) is available for this final dividend, which will enable shareholders to reinvest their dividends directly into Invensys shares. The Board remains committed to a progressive dividend policy with future dividend growth reflecting the long-term sustainable trend in underlying earnings per share and free cash flow.
http://www.invensys.com/isys/docs/results/fy12_13/invensys_fy_results_2012_13%20press_release.pdf 16 May 2013 RESULTS FOR THE YEAR ENDED 31 MARCH 20131 A transformational year for Invensys 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%
02 May 2013 Completion of the disposal of Invensys Rail Further to the update on the disposal of Invensys Rail issued on 18 April 2013, Invensys plc confirms that completion of the disposal of Invensys Rail to Siemens took place today. Plus Full results due 16th May and special divi due somewhen
For the cr*p that was copied over - easier reading Share Price: 384.70 Bid: 383.50 Ask: 383.70 Change: 19.90 (+5.46%) Spread: 0.20 Spread as %: 0.05% Open: 373.10 High: 385.70 Low: 371.60 Yesterday’s Close: 364.80 ISYS Share News ISYS ShareCast ISYS Regulatory STOCKS NEWS EUROPE-Invensys up; cash attractive to suitors - SG Tue, 30th Apr 2013 10:32 Shares in British engineering group Invensys rise 5.2 percent to 309.18 pence after Societe Generale says there is potentially 30 percent upside from current levels should the company emerge as an M&A target. "In a take-out scenario we estimate new Invensys (post rail divestment) could potentially be valued at 460 pence," Societe Generale says in a note, upgrading the company to "buy" from "hold" and raising its target price to 415 pence from 330 pence. Societe Generale says Invensys' substantial net cash - estimated to be at 518 million pounds post its divestment of Invensys Rail - could precipitate interest from remaining suitors. It says Invensys could also distribute excess cash of 300 million pounds in 2013/14 - equivalent to a special dividend of 37 pence.
SMS Services Share Chat Finance News Blogs Live Prices Shares Bookshop Finance Tools Members Portfolio Watchlist SMS Management Premium Services What’s New User Settings Logout Latest Share Chat VPHA. I assume we g- t the annual report.. WRES. This feels li- e watching paint dr.. OCDO. Safe Morri- ons quarterly manag.. LDP. ..... it was 3- % up this morning!!.. BET. Going to have a punt on REAL- by .. FRR. I think FRR co- uld show the same s.. SOLO. a mc of 180 m- l , 4 p is small fr.. MAGP. Sorry to here- that pal - bloody t.. BAO. i also enjoy r- eading your posts a.. RMP. nothing in it mate, but the thing.. Home::Share Prices::Invensys Share Price::Invensys Share News Invensys Share News (ISYS) ISYS Share Price ISYS Share News ISYS Share Charts ISYS Share Chat ISYS Share Trades ISYS RNS ISYS Directors Deals ISYS Live Share Price ISYS Broker Ratings Get ISYS SMS Updates ISYS Financial Diary ISYS Fundamentals ISYS Level 2 Console ISYS Media Share News for Invensys (ISYS) Share Price: 384.70 Bid: 383.50 Ask: 383.70 Change: 19.90 (+5.46%) Spread: 0.20 Spread as %: 0.05% Open: 373.10 High: 385.70 Low: 371.60 Yesterday’s Close: 364.80 ISYS Share News ISYS ShareCast ISYS Regulatory STOCKS NEWS EUROPE-Invensys up; cash attractive to suitors - SG Tue, 30th Apr 2013 10:32 Shares in British engineering group Invensys rise 5.2 percent to 309.18 pence after Societe Generale says there is potentially 30 percent upside from current levels should the company emerge as an M&A target. "In a take-out scenario we estimate new Invensys (post rail divestment) could potentially be valued at 460 pence," Societe Generale says in a note, upgrading the company to "buy" from "hold" and raising its target price to 415 pence from 330 pence. Societe Generale says Invensys' substantial net cash - estimated to be at 518 million pounds post its divestment of Invensys Rail - could precipitate interest from remaining suitors. It says Invensys could also distribute excess cash of 300 million pounds in 2013/14 - equivalent to a special dividend of 37 pence.
EU Commission approves Siemens' buy of Invensys rail signals unit Thu, 18th Apr 2013 14:21 BRUSSELS, April 18 (Reuters) - The European Commission gave approval on Thursday for German conglomerate Siemens' 1.74 billion pound ($2.65 billion) acquisition of the rail signal business of Invensys. An investigation of the deal showed the combined group would still face strong competition from rivals such as Thales , Alstom, Bombardier and Ansaldo , the Commission said in a statement. It had no competition concerns because in addition to the strong competition in the sector, "customers of railway signalling projects and products have significant buyer power".
I apologise & stand corrected, I bought KDD @ 12.8 & 14.15, but they were then transferred to FDI at 27p (I think), so in my head I still paid approx 27p when it is now .0263.
I remember buying Kopane at 27p ................Oh how i wish!!!
What's happened here? I thought the date was around 2nd April for being on the register for special div, and according to figures above there were sales of 1676 V buys of 11336
Nice move forward - 460.00, how much will it slip back? at one point it went to 465 today
A bit of reading http://www.investorsintelligence.co.uk/2013/03/08/invensys-plc-attractive-inventiveness-and-systems/