Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Seems this company is the least "followed" on this site. More interest shown in most Aim listed companies.
Question. With a Socialist government now guaranteed, given the performance of the Tory rabble. Will the threat of Nationalisation result in a decline in the sp for several years now ?
Cup / handle situation on chart might mean a 10% rise on cards. 2024 should see return to 28xx/29xx - maybe even recent highs of 32xx. Good last update and always been a good winner for me here - one of the best water companies around. Good value at 25xx and even better if 23xx seen. I will be building up to a max of 4 tranches here. Decent divvies too.
These brokers are having a laugh. Jeffries just upped SVT target price from 2100 to 2950. Jeez that’s a 40% rise FFS !! Isn’t that just an admission they don’t have a clue?
Small shareholders have been cheated by a company that's is supposed to be encouraging them. Didn't even give enough time for them to apply. Must bring this up in next AGM. All small shareholders should get together and write to CEO. Unite to get the message through
I got around 60% of the shares I applied for which is good but what winds me up is that the Qatar Investment Authority got £500m at the same price of £21.50 so a UK public services company places it's customers and other UK citizens at a lower priority than the Qatar Investment Authority.
So £7m allocated via Primary Bid for retail shareholders which include current shareholders, customers and UK citizens and £500m for the Qatar Investment Authority. The Primary Bid allocations should have been issued in full and the Qatar Investment Authority allocation scaled back, for them this would have been small changed and they will still have made around £50m.
Although I wasn't updated by PB until today, I did get 82 shares.
Strangely (these offers usually appear when market closed), SVT offer opened at 8am and was open to all. It closed early at 10am with a "suggested" price of 2150p. Just a matter of waiting now to find out if I got any.
Small shareholders has been shortchanged
Placing. Can apply through PrimaryaBid., but offer clossed before small investors can appy . Also only 3 brokers with whom you can appy under ISA. A J Bell, Lansdown Hargreaves and iinteractive investo
· Hargreaves Lansdown; and
· r.
After the rns this morning it looks like they are seeking the fools locally. The money raise appears to be more a sop to a near future labour government than a commercial venture. I don't like the look of it and in 30 minutes we'll see what the market thinks!
... but not Severn Trent. Ofwat has decided many water companies are failing the performance measures on pollution, leaks, etc. Many will have to pay back customers millions and reduce their bills. However, Severn Trent Water had the best performance of all the water companies and will be allowed to charge £88m more across all of the 4.6 million households and businesses it serves. Good news for shareholders.
full article here: https://www.bbc.co.uk/news/business-66922070
What we need is a fool from Saudia Arabia to come in and buy up 10% like that fool from Oman a few years ago
With all the fines about to hit that spinning thingy, some call it a fan. From all the excrement they put into the rivers. Haveing someone buy 10% a rights issue to pay the future fines will be spread out easier to people with deep pockets and will pay up without even reading the rights prospectus
I guess the truth of the matter with gas fuel being still 500% + for businesses this winter, the Omani's will need to put there profits somwhere other than back home in Oman, so they could buy another 10% and sit pretty knowing every glass a person in the midlands drinks they make 20% not 10%
For weeks before hand the shares would fall by 80% + and then the government would payout at the then market rates being considerably lower
So, Government would give you the market rates at the time
Does anyone know what may happen to shareholders if water companies were to be nationalised? Would the government payout the share valuation? Also is there a valid risk of nationalisation? Any views would be much appreciated.
SVT - not the basket case just yet 😉
Regulatory Gearing at 60%, below sector average.
Outlook - Earnings: We anticipate strong earnings per share growth in 2023/24 as a result of a 15-20% reduction in interest charge. We expect a further step up in 2024/25 as lower energy costs and
inflation-linked tariff increases flow through to operational earnings.
Expected 2024/25 RCV £12.8bn up from £9.4bn in 20/21.
https://www.severntrent.com/content/dam/stw-plc/investors/fy-results-2023/full-year-results-presentation-2023.pdf
Even more worrying that comment referred to the results back in 2019 so this has been a long time coming!
"Severn Trent generated £826 million in net operating cash flow in its recently ended financial year, not enough to cover its £769 million net capital expenditure (capex) budget and the £161 million needed to service its debt, let alone the additional £212 million spent on dividends." Same story for UU and PNN. Mmmmmmm
Vague
Scum
Makes me wonder why you invested in such a company? I only invest in companies i believe in and SVT is one of those companies.
Small 16k holding since 2015, time to move on. Imagine the shorting sharks are closing in.
INSATIABLE GREED: Since privatisation, shareholders in water companies have been paid £72bn in dividends, while bills have risen 40% in real terms. Tragic.