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goldman push the boat out … target price up 3p, lol.
oh dear, just spotted, a tempus recommendation, usually the kiss of death:
https://www.thetimes.co.uk/article/green-energy-with-golden-prospects-for-sse-clbjrmgvb?shareToken=4a767f922770f718e701afa964320b67
safely in my account
Just watched a video of USA Renewable development. They are miles behind with Transmission and Distribution, but plenty of opportunity for Generation. SSE have had huge expansion in Transmission and Distribution in last 10 years, I wonder if that is the attraction of keeping together.
I agree. BP would be a prime candidate but there would be an issue with the transmission businesses.
I can’t see that being approved on a regulatory basis.
That being said - why the transmission business goes together with the generation business, beats me?
I have felt for some time that this company is vulnerable to M&A activity. Even if they don't restructure themselves, they are a tempting target for an oil and gas company looking to burnish their green credentials, given their almost unrivalled portfolio of renewable assets.
I actually canncelled my DRIP on SSE today before the dividends land tomorrow and likely take the price up. Going to wait to reinvest at a lower price. My investment was so weighty at ex-div my DRIP value is about the same value as my first tranche of SSE shares was. Price is sustaining really well. I'd like to buy again but below 1600.
Just gonna ride this one out, good dividend share and this potential Elliott crowd wanting a slice of the cake.
Waiting for calmer waters before buying more.
I have known this share for quite a few years. It is a plain and simple share on the market.
However, sometimes it is very difficult to truly know some shares. Guess what, I only start to know a VC who is around for some times. I think I have been fooled for several times.
Poorly, I would have to dream I could afford some barbed wires, and could show off them from the top of a flat roof. Unfortunately, I can only hope I can sale some skills or make some bags from a share in order to be able to mortgage free.
The recent rise might be over. How lucky is this share has much less competitors.
So far so good, up 3.6% in 2 weeks, better than any savings rates currently on offer. Stick or twist ? This is always the hard choice. Sticking for now, based on he don't need the money anytime soon. Good luck everyone.
Thank you Jamesy great advise
See PCJoe's point below. SSE have moved out of unprofitable supplier business, offloaded gas distribution for a good premium and are concentrating on renewable generation which is the space to be in. I buy into hydrogen future, but it's difficult to know who is going to make it in that marke. Blue hydrogen is controverisal, but green hydrogen seems like a no brainer. If green hydrogen takes off, renewable generation will benefit. If it doesn't, renewable electricity will take off. SSE are a good long term hold with low risk, a low P/E and reliable dividend.
Anyone have a idea why the share price today has risen
The black and white cats got a job in the Ma property sector the reasons why they keep bullying. Are they property gurus? Are they renting a cave in Saintdie? Are they in the dark side?
Have to say the current SSE p/e of 7.48 is looking increasingly at odds with the reality of the Companies business plan going forward - No wonder break up rumours are spreading at this valuation - The high level of debt are the Co are the apparent concern but negative or positive debt size perception is all linkedto the debt/market cap ratio - With debt invested in such high growth areas such as renewable energy sources and associated infrastructure provision then a re-rating here is inevitable and when the market cap increases then the debt issue shall shrink accordingly - Given the prospects for SSE now, including the export markets for energy suppyetc to Europe in the future, I think a P/E here of at least 12 here is attainable within the next 12 months - and given the likely growth of profits coming up then a doubling of the market Cap cant be ruled out within the next 2-3 years - And that is without a takeover/break up - Good time to be in SSE
I've held SSE from flotation.
However, because I keep an eye on it and get a feel for what's going on, it does present opportunities for quick trades, additional to my main holding.
I haven't done it with SSE yet but I have done it with other shares I hold long term.
Nothing wrong with making some quick extra profits using experience in a share.
I have returned to SSE, chasing the highs due to speculation of a takeover. Its a risk, having sold last year at 11.62, bought a 1000 @ under 16, just a punt have so much cash in an isa doing nothing, just needed to have a go. At worst next year will get £800 divi at 5% tax free. At best maybe a large capital gain, tax free in my isa. Always use money you can afford to lose, but obviously you don't won't to lose a penny. Good luck everyone.
I wouldn't say I day trade. I buy with the intention of holding for the divi, but I'm always happy to take a profit. If I take a profit and they continue to rise then so be it, but I've moved on to the next quality company.
If god didn't want us to trade he wouldn't have invented CGT allowances :)
Maybe in time my view will change. I'm still pretty new at playing with numbers where 1% is noticeable.
Churning, churning, agree with your father !! Not worth it for 1%. Warren Buffet doesn't make his Billions by day treding like that !!
Hi NervousNelly.
Decided to buy back in, increased my holding by a handful of shares, they all count. A 1% increase in a day is good trading but always easier to hold and be doing something else.
Gutted that I couldn't get to sell today. They just made the £1 on top of Fridays close that I forecasted at 7am this morning.
My holding would have gone, and would have been buying back in the low £16.20's for a 1% increase in my holding.
My farther thinks I'm nuts, happy to sell & buy for 1%, but I say a profit is a profit.