yes the share buy back and the 12p per share divi is pushing the price up i can see the price dipping on the 23rd when these go ex.divi but events in ukraine can change everthing, maybe even for the best GLA
Perhaps the sp hasn't dropped as we'd expect because the enqiry that has been annouced will take two years. It seems to me that if there has been market collusion, OFGEM is also culpable for being asleep at the wheelwhile it has occurred and so, despite the froth and faux outrage, no- one, the government, the regulators or the companies themselves comes off very well. It felt to me this morning that no- one was very sure of what the report would say.
Totally agree - Any company that is not allowed to make a decent profit will stop investment in the future and do the bare minimum - If you or i are told no matter how hard you work or what ideas you come up with you will get paid the same or less then you just will not bother ! Take note politicians and regulating bodies !!!!!
Events shows how smart our BOD were to pull out of another Chernobyl. Owning Oil resources clearly makes the CNA less of a hostage to future prices. There is only so far you can play this stupid political game. SSE: No Price increases = No Investment in Wind without subsidy & 500 jobs Cut, because Profit is a Dirty Word. Over to you, our Political Masters...
It looks like SSE has bitten the bullet and frozen their gas and electricity prices until 2016 and split its retail and wholesale arms, good move ? I think so this scuppers Millipede price freeze promise and perhaps generates a little bit of trust from the public, their share price rose after this announcement, we may have to (Centrica) do the same yes our profit would decline over a two year period, but with our up stream business doing really well along with our American business I think we can absorb the loss of revenue, Centrica has invested for the long term so any short term fluctuations should be ignored.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.