Results out today and Aveva take an immediate 9% drop in share price. Revenue up slightly with little change in operating profit. A special dividend of 100 million paid in the last six months. Maybe the drop was because the report was only good and not very good. However, the company is debt-free and growing; this could present a buying opportunity over the next few days.
Published by Day Trader
I flew fast jets for 30 years of my life. I've traded full-time, more or less, for the last ten years, initially from fundamentals and over the last few years as a dedicated day trader. I live on the North Norfolk coast. View more posts