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London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England


SSE Share Chat (SSE)



Share Price: 1,012.50Bid: 1,009.50Ask: 1,011.00Change: 4.50 (+0.45%)Riser - Sse
Spread: 1.50Spread as %: 0.15%Open: 1,007.00High: 1,014.50Low: 997.80Yesterday’s Close: 1,008.00


Share Discussion for SSE


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Porsche911e
Posts: 12
Opinion:No Opinion
Price:1,008.00
RE: RE: SP
Today 09:11
Mentioned in today's press https://bit.ly/2K6wMhR
 
Grayling
Posts: 1,734
Opinion:No Opinion
Price:1,022.50
RE: SP
Wed 09:44
"Dividend maintained in line with 5 year plan" Let's see how long that lasts after CNA slash their payout and follow VOD and RMG down the re-basing route.
Taverham
Posts: 1,182
Opinion:No Opinion
Price:1,020.50
RE: sp
Wed 09:03
drop because the profits were way below expectations.
dsc1978
Posts: 4
Opinion:Buy
Price:1,021.50
RE: sp
Wed 09:01
Any idea why the price is dropping?
Richox
Posts: 166
Opinion:No Opinion
Price:1,016.50
RE: sp
Wed 08:34
Long term holders can.
denby69
Posts: 1,136
Opinion:Buy
Price:1,045.00
RE: sp
Tue 20:21
sse share price I do agree yes your rite but you cannot compaire share price to day with a share price 19 years ago.
ulltaager
Posts: 196
Opinion:No Opinion
Price:1,046.00
sp
Tue 14:01
If you click on the Technical Chart you can see that SSE was last at a similar sp in April 2010 & before 2006 it was always much lower than it is now. Around 1999/2000 it was under 500p.
denby69
Posts: 1,136
Opinion:Buy
Price:1,039.50
sp
Mon 17:31
this is the lowest it has been ever not unless some one knows different ?
5lawsofgold
Posts: 158
Opinion:No Opinion
Price:1,039.50
RE: UK PLC
Mon 17:26
I guess even with a cut you would still get returns that would be better than the ftse 100 average. I’ve set a limit order at £10, if it gets that low then happy days
avocet123
Posts: 1,563
Opinion:No Opinion
Price:1,030.00
RE: UK PLC
Mon 13:57
Honestly I don't know. But I cannot see any large risks with sse. They might cut the divi if necessary, but they don't have a history of cutting it.
5lawsofgold
Posts: 158
Opinion:No Opinion
Price:1,034.50
RE: UK PLC
Mon 11:34
Do you not think the above average dividend is a warning sign?
avocet123
Posts: 1,563
Opinion:No Opinion
Price:1,083.00
RE: UK PLC
15 May '19
Wow, will have to top upon this one again. Divis are great and I think this is very cheap. Even if it comes down a little more, give it a couple of years and the divis have paid for it.
Rooster1952
Posts: 53
Opinion:No Opinion
Price:1,123.50
RE: UK PLC
9 May '19
Well said, Gerry. I remember the "good old days", nationalised industry with unions holding us ALL to ransom, money being poured into poorly run, unprofitable enterprises. Governments are composed of politicians, not industrialists. Keep the politicians away from running( ruining?) industry and let the industrialists make their profit, there is benefit there for all.
my2penneth
Posts: 1,955
Opinion:No Opinion
Price:1,152.00
RE: UK PLC
27 Apr '19
Bear in mind the Utes are in many a pension fund. If JC renationalises them , prepare to work longer as your pension will drop in value.

The comments on the state of these industries in the old days (1970s) are pretty accurate. Lack of investment. Looking ahead, where do you think the money will come from to,say, put the infrastructure for car charging networks in place? It won't be from a broken Brexit Britain .
Gerry557
Posts: 3,955
Opinion:No Opinion
Price:1,129.00
RE: UK PLC
23 Apr '19
IvaP, Its a bit blinkered thinking that or maybe you are just young and cant remember government run utilities. No funding for improvements and a poor service that got gradually worse all the time sucking in more and more tax payers funding and that if the lights or heating came on often not in the bad old days.

As for the hard up people, you dont see them getting cut off these days as per the old system. Today there are various schemes to aid those with difficulties. Would you want to get rid of those too.

As for the yield that is based on the current SP and is not guaranteed. If they can cut the divi, and that yield indicated warning signs, what would happen to those reduced bills. Anyway a divi is normally part of the profit and government run things dont make a profit hence no reduction.

In fact its the efficient running and competition that make your ideas seem plausible and only work a a couple of years until the efficiency disappears and it needs some more cash and that government says it want to send its money on schools or the NHS or whatever Mr Voter is shouting about not new inter-connectors cos no one votes for them until the lights go out.

As for the profit from NHS, well that is happening as private companies can offer NHS services more cheaply and better quality than the actual NHS so a win win for the tax payer as he gets cheaper NHS services and much better care.

Get out from under that rock and observe the real world not ideals that sound good but dont work. I also realise that this system isnt perfect and improvements could be made but often its government policies and direction that have unintended consequences. Those bills would be a lot cheaper if you were not paying for all those "green" funding ploys.
avocet123
Posts: 1,563
Opinion:No Opinion
Price:1,123.50
RE: UK PLC
17 Apr '19
It's a business like any other. Do you think food should be free also?
IvaP
Posts: 156
Opinion:No Opinion
Price:1,144.50
RE: UK PLC
9 Apr '19
It makes no sense for there to be shareholders of the likes of SSE, CNA or NG, water companies and the railways for them to be profiting from mostly hard up people. Worst still some of shareholders are foreign. SSE yields 8% which could be used to reduce bills.

Just imagine if there were shareholders directly profiting from the NHS.
Gerry557
Posts: 3,955
Opinion:No Opinion
Price:1,167.00
RE: UK PLC
4 Apr '19
HMG does publish accounts if you want to view and your tax has a pie chart on where the money goes.

I wouldn't use the term "fiddling" more inefficiencies. Remember trying to cancel the aircraft carrier cos UK plc didnt have the dosh. Well it was going to cost more to cancel than build. How wrong can that be!

I also see SSE have been fined for not installing smart meters within timescales. Another waste of money as they cant force people to have them and some dont work when moving to another provider. Yet we are paying twice. Less divi's do to cap ex of the install and higher bills plus the fine on shareholders.
Shebur
Posts: 64
Opinion:No Opinion
Price:1,174.00
UK PLC
2 Apr '19
Should publish accounts every year the same as all businesses, in detail, so everyone knows where their money is going. This would cut out the fiddling. Which we know is going on.
Gerry557
Posts: 3,955
Opinion:No Opinion
Price:1,172.50
RE: Command-&-Control Conservatism
2 Apr '19
"Why doesn't the government cap council tax (or stop increasing national insurance contributions) if they really want to help the UK citizen. "

They did, placing caps on how much extra council tax could go up by and has only just recently changed to allow an extra to cover increases for social care. They also capped other things like fuel duty, heaven knows how much per litre it would be now if Gordon Browns accumulator had been allowed to err .... accumulate.

There could be several options to "help the UK citizen" Just give them cash direct. Most workers have had their tax thresholds increased from £6k ish to £12K ish. Unfortunately we have to pay tax if we want services including the ones we deem as not needed. Should none parents pay for schools? or get sick people to pay for their own care etc

Politicians meddle in various things and often get unintended consequences for what seemed like a good idea, Green taxes are an example. True competition should drive down prices as companies get more efficient to attract customers or they would move on. Governments generally are very inefficient with "our" money and when was the last time UK PLC was flush?

So when the investment drys up (several years down the road) and the voters want grandma to be in a nice home and the kids to have good schools money wont be going into building new dams, trains or power stations.

Till then taxes, which are relatively high even for a conservative government, still need to be acquired just to get UK PLC back on an even keel. So the question is more of a matter of what taxes. If like me you probably want someone else to pay rather than adding to your own burden. I don't see many who volunteer where they could pay more.

Remember tax is just taking money from Peter to give to Paul and no one want to be Peter but we all want to be Paul .
Richox
Posts: 166
Opinion:No Opinion
Price:1,155.00
RE: Command-&-Control Conservatism
1 Apr '19
Apart from making their executives obscenely wealthy, privatisation has been of no benefit to the previously nationalised companies on your list, or to their customers.
Love_You
Posts: 839
Opinion:No Opinion
Price:1,159.50
RE: Command-&-Control Conservatism
1 Apr '19
Also politicians are just using energy companies as an easy target to bash to try and win voter support regarding pricing/the economy - but sooner or later, given the success they've had bashing energy companies, they will probably turn to bashing all utilities (telecoms, water, even 4G/5G) and also supermarkets. Any big business that could be nationalised is not safe if they are able to impose pricing caps and threaten shareholders with the prospect of a future nationalisation with no compensation - at the every least compensation should be paid to shareholders.

Personally I feel that many people would have no issue with the government taking over CNA, or National Grid, Railtrack, BT, SSE, or Tescos, etc - as long as they paid shareholders a fair price (say the average of the market share price over the past decade).

If government think that can run any of these companies better then by all means - pay shareholders the average of the share price over the past ten years - take these companies over - and let the civil service run them. Then in another ten years we can all judge whether the private sector or the government did a better job of running these companies during their respective decade at the helm.

What do other people think of my ideas above?
Love_You
Posts: 839
Opinion:No Opinion
Price:1,159.50
RE: Command-&-Control Conservatism
1 Apr '19
But just to be clear, neither do I think green taxes were a good idea - and if the regulator imposed these "green taxes" on energy companies then perhaps the regulator needs to be stripped back - and then the energy companies wouldn't need to pay people to do nothing but to "fight the regulator."

Of course green taxes are not green at all - windfarms entail huge amounts of steel, ships, and when built onshore often involve the cutting down of large areas of forest. They also require a lot of maintenance and might break down after 20-25 years - whereas more conventional gas-fired power stations would probably have a lifespan of at least 60 years.
Love_You
Posts: 839
Opinion:No Opinion
Price:1,159.50
RE: Command-&-Control Conservatism
1 Apr '19
Taverham,

I agree - it does all need stripping back - employing people to fight the regulator is just paying out good money for "non-jobs".




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