The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Is this a sell or buy 5-Mar-13 12:58:17 0.13 10,000,000 Sell* 0.13 0.14 13.00 kO seeings as above figures show # Trades Vol. Sold Vol. Bought 15 1,012,887 21,963,432
I know what you mean, not sure if I was in Carlisle it's been so long probably about 10 years. Still they do say patience is a virtue, and boy, have we needed patience.
Up 21.50, yet only 12 trades (according to LSE) that is. Putting a smile on my face nearing the end of the day.- been waiting a long time.
That I don't know, I just extracted a piece from FT. Maybe you could email Invensys and ask them what the dates will be.
November 28, 2012 6:34 pm Maybe the extract from FT below will help --- Invensys sells rail arm to Siemens for £1.7bn The sale of Invensys’ rail division is expected to be completed in the second half of 2013, following an anti-trust review. After the sale, Invensys will be left with its controls division, and its operations management arm, a provider of software and consulting services. Invensys said it would funnel £400m of the rail division proceeds to pay off much of its pension deficit, which stood at £490m at the end of September. An additional £225m will be placed in a reservoir trust for future pension liabilities. Some £625m will be returned to shareholders in the form of a special dividend worth 76.7p per share. Invensys shares rose 27 per cent to 280p on Wednesday.
Up 22.50 on their website at 11.19 - anyone know why the big jump?
Invensys Rail Wins Adelaide Re-signalling Project 31 January 2013 Invensys Rail has won the turnkey re-signalling project to transform the Adelaide Metropolitan Passenger Railway Network (under the Adelaide Rail Revitalization programme) in a contract worth approximately AUD 39 million. The project spans 24 months and will see Invensys Rail making significant safety improvements and delivering increased capacity using the advanced technology of its FUTUR based ERTMS Level 1 solution and WESTRACE MKII based modular signalling.
£57.8 million signalling contract Invensys Rail awarded GNGE Signalling Contract 22 January 2013 Invensys Rail has been awarded a £57.8 million signalling contract by Network Rail for the Great Northern Great Eastern (GNGE) upgrade project. The 16 month programme, which is an integral part of the East Coast Main Line Capacity Relief Project, will see a significant upgrade to the existing line between Doncaster and Peterborough that will be used as the primary day time route for freight traffic. The scope of Invensys Rail’s contract includes all elements of deign, testing, installation and commissioning for the re-signalling of 86 miles of track, including 45 level crossings, the demolition and removal of 24 signal boxes (including Level Crossing Gateboxes) and the replacement of seven interlockings. The first of five major phase commissionings is scheduled to take place in August 2013, with the final commissioning planned for March 2014.
RESEARCH ALERT-Fenner: Credit Suisse raises target price Thu, 17th Jan 2013 08:49 * Invensys: Credit Suisse raises target price to 368p from 220p
10.1.13 Invensys: Bank of America takes target price from 317p to 370p, while maintaing a buy rating Nice little bounce up today, just right to finish off the Friday.
Invensys Operations Management Acquires Spiral Software 15 October 2012 Company extends refinery-wide optimization offerings with new planning, scheduling and crude management software Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the manufacturing and infrastructure operations industries, today announced that it has acquired Spiral Software, a privately held company headquartered in Cambridge, United Kingdom. ..............................
Let's see how long it takes to get there. RESEARCH ALERT-JP Morgan raises Invensys target price Fri, 21st Sep 2012 09:16 Sept 21 (Reuters) - Invensys PLC: * JP Morgan raises Invensys target price to 327p from 280p; rating overweight
Not seen 252.+ for a while, about time this got back to a better price, at least it is in the right direction. Have a good w/e everyone PD.
Thanks Spot that is what I thought would happen, maybe I will buy 2 just to p***s them off. As it stands I will lose out as my holding still hasn't reached what I paid for them back in the days of Corporate Services.
http://investors.impellam.com/pdf/Notice_and_Details_General_Meeting.pdf Has anyone received the document? as I haven't, only come across it by chance when looking on their website
Does anyone have any comments on this, I only have 198 shares, what will I be left with? http://investors.impellam.com/pdf/Notice_and_Details_General_Meeting.pdf ........... 2. Capital Reorganisation For the reasons set out above, the Board has decided that a share consolidation and subdivision should be proposed such that, following the share consolidation, fractional entitlements of shareholders which will arise will be purchased by Cenkos at the prevailing market price with the proceeds being remitted to shareholders. The Company will then subsequently acquire the aggregate of all these fractional entitlements from Cenkos and cancel them. Consolidation The Board proposes to consolidate every 100 ordinary shares of 1 pence each in the capital of the Company (each an “Ordinary Share”) into one consolidated A ordinary share of £1.00 (an “A Ordinary Share”) (the “Consolidation”). Following the Consolidation, in accordance with article 6.2 of the Company’s articles of association, shareholders will not be entitled to any resulting fractions of an A Ordinary Share, which will be purchased by Cenkos, with the proceeds being remitted to the relevant shareholders. The Company will then subsequently acquire the aggregate of all these fractional entitlements from Cenkos and cancel them (the “Share Purchase”). Subdivision Following the Consolidation, it is proposed that every A Ordinary Share will be subdivided into 100 ordinary shares of 1 pence each in the capital of the Company (the “New Ordinary Shares”) (the “Subdivision”), each having the same rights as are enjoyed by the ordinary shares of 1 pence each currently in issue. Effect of the Capital Reorganisation (being the Consolidation and Subdivision) The effect of the Capital Reorganisation is that shareholders holding fewer than 100 Ordinary Shares at 5.30 p.m. on Monday 3rd September 2012 (the “Consolidation Record Date”) will receive a cash payment for each Ordinary Share which they hold, calculated by reference to the closing middle market price on the AIM Market (“AIM”) of the London Stock Exchange on this date. ........... Check out the rest. Confused
At least it is moving in the right direction again
Lighthouse Group plc ("Lighthouse", "the Company" or "the Group") Financial Adviser Awards: Large IFA of the Year Result of General Meeting Lighthouse announces that at the General Meeting held earlier today, Shareholders did not pass the proposed special resolution to approve the cancellation of the Company's Ordinary Shares from admission to trading on AIM. Accordingly, the Cancellation will not take effect and the Group will remain publicly traded on AIM. The votes for the special resolution were as follows: Number of Ordinary Shares Percentage of total vote For 46,468,211 46.83% Against 52,765,554 53.17% David Hickey, Chairman of Lighthouse Group, commented: "The business remains in good shape, being both cash positive and debt free. Looking forward the Group will continue to comply with the AIM Rules, and the Board will continue to respect Shareholders' preferences."
Some big buys going through recently, with £131.25K amongst them yesterday, they must be liking Ipel
http://investors.impellam.com/news-item?item=1024407682314379&ir_client_id=6513 RNS Number : 5101I Impellam Group plc 25 July 2012  Impellam Group plc INTERIM RESULTS, ANNOUNCEMENT OF MAIDEN DIVIDEND AND PROPOSED CAPITAL CONSOLIDATION Impellam Group plc ("Impellam") - London AIM: IPEL; 26 July 2012 Impellam announces its unaudited interim results for the 26 weeks ended 29 June 2012, which follows the planned transformation strategy around market-focussed restructuring, together with details of its maiden dividend payment and a proposed consolidation of its share capital. Key strategic highlights - Revenue of £590.9 million (2011: £549.4 million) - EBITDA of £20.8 million (2011: £21.5 million) - Adjusted operating profit of £15.8 million (2011: £16.2 million) - Operating profit of £12.8 million (2011: £16.2 million) - Conversion of gross profit into adjusted operating profit of 18.4% (2011: 17.8%) - Adjusted basic earnings per share of 27.6 pence (2011: 25.4 pence) - Basic earnings per share of 20.9 pence (2011: 25.4 pence) - Interim dividend of 7 pence per share payable to all shareholders on the share register on 3 August 2012 - Purchased 572,193 of own shares for £2.0 million (Adjusted data is stated before non-recurring items) Cheryl Jones, Chairman, commented: "Our operational resilience, together with our financial strength, has enabled Impellam to continue to align its brands into clear market-facing businesses, through a restructuring of the divisional and group entities, which will be completed by the end of the financial year. I am pleased to report that Impellam has continued to develop in all its key businesses and markets and that the transformation strategy is successfully progressing as planned.................................................................. Check out full statement