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Started: Uncle_Doug, 22 May 2024 08:49
Last post: Uncle_Doug, 24 May 2024 07:27
Utilities getting hammered with Labour threats of windfall taxes. Not a good look to be raising BOD pay and making profit while they’re pumping rivers with sewage. SVT one of the cleanest ones but still want to increase bills by 50%. Labour won’t nationalise (yet) but they will expect the shareholders to foot the bill, not the public.
SP is bargain IMHO but SVT getting tarnished by the other poorly performing water companies. Time will tell and in the interim probably pick up some nice decent dividends.
Started: Midgemagoo, 23 May 2024 09:01
Last post: Daytradenovice, 23 May 2024 16:57
Wonder whether the prospects of labour getting in (according to polls) will do here.
Certainly not rocketting upwards at the mo.
Presumably with all this rain we're presently experiencing and all the extra illegal ar*es that are in the country they will be presently releasing more into the rivers. Meanwhile the CEO is paying herself even more !!
Started: Uncle_Doug, 30 Nov 2023 09:34
Last post: ironknut, 24 Apr 2024 12:42
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.
Started: Troajan, 2 Nov 2023 18:01
Last post: Troajan, 2 Nov 2023 18:01
Started: Uncle_Doug, 17 Oct 2023 11:04
Last post: Uncle_Doug, 17 Oct 2023 11:04
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?
Started: Dimp5, 29 Sep 2023 14:01
Last post: RoyGa, 16 Oct 2023 08:31
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.
Started: hautecouture, 8 Sep 2023 09:53
Last post: Ecologist, 29 Sep 2023 07:26
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!
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%
Started: Uncle_Doug, 26 Sep 2023 13:33
Last post: Uncle_Doug, 26 Sep 2023 13:33
... 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
Started: Jason31, 9 Jul 2023 12:51
Last post: hautecouture, 8 Sep 2023 09:51
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.
Started: travesties, 29 Jun 2023 10:10
Last post: Mylovelyhorse, 6 Jul 2023 10:05
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
Started: bro-ken-broker, 29 Jun 2023 10:17
Last post: bro-ken-broker, 29 Jun 2023 10:17
Small 16k holding since 2015, time to move on. Imagine the shorting sharks are closing in.
Started: Uncle_Doug, 19 Jan 2023 15:37
Last post: Uncle_Doug, 3 May 2023 12:51
Nice rise again today.
Sold at 2863 - made a decent profit. No longer like the dividend rate in comparison to much better elsewhere, eg Aviva, Lgen and many others. Also, very concerned about OFWAT being able to block divvy's. It's a NO from me for now.
SOLD @2861. Happy with those profits over last few months.
SP rebounded well from lows of October (2215). How much higher or will there be resistance?
Wrong Company
Price does not match price on 16/12.....
Joined the party here with 23461 shares @63.5876 on 16/12. Looking to hold for 18 months at least. Good post brexit / onshoring play and I couldn’t believe how cheap the company was!
Started: Ecologist, 31 May 2022 11:22
Last post: Ecologist, 31 May 2022 11:22
The annual results published last week did not seem too bad but the sp has fallen back by a couple of quid since then. Was the large deferred tax charge unexpected or am I missing another major, negative issue?
Sorry folks, just closed my position of 257 shares, with a 10.42% profit.
Nothing bad to say about SVT, just have an opportunity elsewhere for bigger returns and no spare cash at the moment.
If I had the cash I would have continued to hold SVT and bought the new stock.
Unfortunately SVT was the least desireable of the stocks I hold, and I am quite heavy on utilities in general, so it had to go.
Absolute best of luck to those holding.
Water treatment, storage, and pipelines don't come free, and sewage treatment is a costly business.
Well managed companies that are rewarded tends to drive innovation.
Next time it rains go out and drink the “free” water from a puddle see how well you feel.
Blame Thatcher for that!!
Can someone explain to me how a utility company can be a privately owned monopoly. Its a scandal which should ended by bringing in competition or renationalisation. The power and telecom companies can't get away with it so how come the water industry does. With the main material falling free from the sky it beggars belief.
Started: Mylovelyhorse, 13 Jul 2021 16:48
Last post: Paul2566, 9 Nov 2021 11:23
A few boring stocks in a portfolio are good, however I never find making money boring.
Bought this as a steady eddy boring stock to get some decent dividends. One of my best investments so far and 20% up
Is Qatar money going to buy this?
Started: Oddmoney, 5 Nov 2021 10:06
Last post: Paul2566, 9 Nov 2021 11:21
Thanks for the link, I was unaware of this technology.
If it financially viable to scale up it could help enormously to both attract green investors, and reduce operating costs.
An interesting development for SVT
https://warwick.ac.uk/newsandevents/pressreleases/electric_vehicles_could
Well done and good luck to you.
Its one of my defensive stocks, which has served me well. I will continue to hold long term.
Took my profits here. Good run lately. Will come back in on any dips.
Started: Mylovelyhorse, 6 Jul 2021 21:36
Last post: Uncle_Doug, 9 Jul 2021 11:09
Nice 8% SP rise last couple of months. Beating FTSE 100 YTD by 5%. Safe haven in uncertain times.
Are the vultures circling again??
Started: davethehorse, 26 May 2021 14:06
Last post: davethehorse, 27 May 2021 15:00
HSBC RAISES SEVERN TRENT TO 'BUY' ('HOLD') - TARGET 2,780 (2,570) PENCE
A strong buy with a target price of 2800p. Ex div tomorrow, 27th May, over 60p a share.
Started: Uncle_Doug, 3 Dec 2020 09:44
Last post: Uncle_Doug, 4 Feb 2021 13:35
Trading Update Today not much in it but SP fell 2%
"Positive momentum carried through the winter"
"Severn Trent continues to deliver strong operational performance and resilient financial results."
I guess it's one to tuck away forever , enjoy the generous divvies and load up on any SP dips.
Interactive Investors?......stay or leave?
I have these shares with ii (Interactive Investors)...
Is anyone having problems with them?
They're not allowing divi(cash) withdrawals stating "anomalies"...?
Tried to get an explanation but nought useful since Jan 9th.
I'm not impressed with their many poor responses or the last
3 wkend Online-Sytems upgrades(downgrades)
Has ii got cash flow problems?...is ii going down as inactive-investments?...
I've no problems with Jarvis or Hargreaves, should I shift from ii?
Any suggested actions/reasons/solutions would be most welcome.
About to bounce ... entering oversold.
Ex divi today 40p(ish)- hence the drop.
Started: Keepingfaith, 5 Mar 2020 08:52
Last post: Sleepsoundly1, 9 Nov 2020 08:01
good luck with the electric fleet, most of the operators vehicles are upto weight limits already with neccasary kit, no space or weight capacity left for batteries onboard, so hows that hoing to work?
60p divi in 16 days right now thats priceless ! i expect some are reducing their safe haven investments for a little more risk ?? however they will be back before ex div date methinks gla
I love that the sensor bot hides the c u next tuesday from Scun thorpe :)
My company Severn Trent want to be Carbon Neutral by 2030 & want an all electric fleet by 2025 , we serve from Wales to S****horpe , good time to push our product
Started: Mylovelyhorse, 24 May 2020 11:36
Last post: Mylovelyhorse, 24 May 2020 11:36
Over a pound dividend that will track CPHI until 2025. Bound to be some sovereign wealth fund that will want this when oil prices go up and they have some cash? Following covid I think oil use will take a hit for a long time so alternative revenue streams are going to be needed in the Middle East.
Started: hautecouture, 18 Jun 2019 15:22
Last post: hautecouture, 18 Jun 2019 15:22
Qatar is a victim of economic sanctions by the countries that surround it.. every week a ship full of gas arrives at Milford haven in south Wales.
Now we know where the money ends up,,, and as we can deduce it is very big money... we can clearly see it does not go back to Qatar.... So it stays in pounds sterling,, or as natural gas is sold in dollars,,, someone is playing the money markets over Britexit. I seem to remember a chart of the £ to the $ dollar and remember it is being played, but now we know a proportion of that £-$ playing money is invested else where.
Well they certainly brought on the cheap,, and then they had a 15% discount on the £-$ rate
Classic example of a Arab purchase,, on the cheap and never on the high or middle price.
DOWNSIDE: like Kuwait when it was invaded, if the government (family) has problems back home, the stake will be sold off
PS : i am invested in SVT for many years,,, and also since privatisation,, am also a user of there water
2nd DOWNSIDE: Anyone can sell business water, serious here,,, and one does not need to own the infrastructure to so this... in a couple of years selling to the general public will by anyone will kick in.
Now the real consideration is who has water extraction rights (old ones),, well the Duke of Westminster has them,,and I seem to remember he owns well Westminster and Chester,, so landed estates will soon have a new income ie unused water rights
now who else has water extraction rights farmers, nhs hospitals and heritage railways
3rd Downside well simply the Labour party (and with a change of labour party leadership, they would win a general election immediately as the maths of politics has altered with the Britexit party now existing,, we cannot get away from the maths in voting (note I did say they need a change of leadership))