|Bristol Water Group
||EPS - Basic
||Market Cap (m)
Real-Time news about Bristol Wtr. Gp (London Stock Exchange): 0 recent articles
|praipus: Clusium, Sounds good. What I was trying to say is not necessarily the size of the holding in Ecofin terms but the size of the holding in terms of the company. I.e. is Ecofin holding over 3% of the total market cap and does it come with the right for Ecofin to sit on the board and have some influence.
If not it is probably safe to assume you wont necessarily see a BWG type share price increase though obviously anything can happen.
BWG,DVW,NWG, Pennon all good IMHO though I stay with buying Ecofin and its 23% discount.|
|lundhousegreen: IMO the price appears to have held well above the £9 level for quite a while, and I am hoping for some upward movement in the share price after this time of consolidation.|
|praipus: Enterprise value circa £18 per share however applying the same takeover multiple used in the South Staffordshire bid you could be looking at £22 minimum IMHO
Try to be long term take the dividend and remember in the 1980's there were 22 Water Only companies the French took out 11 imiediatley after the public offering and now there are only 3!
As Warren Buffet says try and think what will be around in 20 years time consequently ....Never...ever.... sell... a water share to the market IMHO
There is a wall of money coming to the UK from every angle Oil rich economies looking for safer havens, emerging economies BRIC and the ever mysterious on and off shore private equity.
The UK attracts more foreign investment than any other country in the world...
All that said a share price can do anything.|
|ivancampo: Not much coverage - but found this from Friday.
0703 GMT [Dow Jones] Bristol Water's (BWG.LN) plan to return capital to shareholders is a positive surprise, says Ed Wright of Dresdner. "I would expect the share price to go up on this news - the price ought to react positiviely," he says. Adds that shareholders have had about GBP80M returned to them in the last 18 months. Despite dividend rise, dividend cover should still be fine, he says. Shares +2.3% at 660p. (SES)
Looking to break 7 quid this week|
|willsie: Interesting development this morning with East Surrey saying they are in talks. Should help the sector!
East Surrey Holdings PLC
07 April 2005
EMBARGOED FOR RELEASE AT 7.00AM
7 April 2005
EAST SURREY HOLDINGS PLC ("EAST SURREY" OR THE "COMPANY")
The Board of East Surrey notes the recent movement in its share price and
confirms that it is in discussions which may or may not lead to an offer being
made for the whole of the issued and to be issued share capital of the Company.
It is expected that under any such offer, ordinary shareholders will receive 525
pence and also be entitled to an interim dividend of 10 pence, making a total
payment to ordinary shareholders of 535 pence in cash.
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the
Company confirms that it has 84,656,188 ordinary shares of 5 pence each in issue
and admitted to trading on the London Stock Exchange under the UK ISIN code
A further announcement will be made in due course.
As this announcement has not been made with the agreement or approval of the
potential offeror, there can be no certainty that an offer will be made nor as
to the terms on which any offer might be made.
This information is provided by RNS
The company news service from the London Stock Exchange|
|praipus: Looks like it ...new high... rocketing share price, potential sale of non core business, still low PE and good dividend.|
Bristol Water share price data is direct from the London Stock Exchange