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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Dee Valley Grp | DVW | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1,812.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,812.50 | 1,812.50 |
| Top Posts |
|---|
Posted at 13/2/2017 23:07 by praipus If DVW couldn't remain independent then being part of SVT is a good outcome IMHO.Loan notes for the long term loyal private shareholders is a genuine positive. World class highly capitalised company for the employees to grow their careers with. Can't change it now press on and look to a bright future. Please can someone remind me do we get the last dividend now or is that it? |
Posted at 22/12/2016 18:39 by ellie15 Irrevocable is at 10% above 17.06, SVT haven't listed the bid as final at 18.25My opinion on SVT being a modern well run company, YTD and third quarter customer experience survey by OFWAT shows DVW as outperforming SVT in all areas. For those who will benefit from cashing in on shares, I can see why SVT are the best option but it is purely financial, nothing to do with their performance which is clearly demonstrated as below that of DVW on a consistent basis, contrary to unsubstantiated opinions. |
Posted at 13/12/2016 15:41 by hindsight_speculator Re 443.Water abstraction costs are set by the EA to protect the natural environment and ensure a "safe" yield from water sources. As far as I am aware DVW does not enjoy a lower tariff than any other water company. Neither does DVW have a surplus of water available - its position is "balanced". Abstraction costs and power costs will be significant for DVW. Most of the raw water comes from the Dee, which is effectively at sea level. So water has to be pumped all round the system. It's not so bad at Chester but most of the raw water still has to be pumped to the main treatment works from the Dee. |
Posted at 12/12/2016 09:17 by praipus So is this the scenario?SVT's cost of water abstraction is higher than DVW due to geography? DVW has a surplus of water available to it at low cost in most weather conditions. In hot weather SVT and UU. customers suffer, hose pipe bans, low pressure etc. As well as from higher rates. Currently only DVW customers can benefit from low water abstraction costs? Merging SVT & DVW would provide cheaper water to more customers improving health and the economy over a wider area? |
Posted at 09/12/2016 01:08 by redgog ExbrokerThanks for the Info regarding the Ancala bid. I made a decision on selling some of my shares on the market at 1800+ due to being a very risk averse investor ( ever since Northen rock :( ) I get it that some posters think its a done deal/all over, however due to the growing political pressure pushing for a phase 2 CMA, industry regulator unhappiness( cc water etc not OFWAT) and the way the shareholder vote is structured, then I have less confidence in the outcome for the SVT 1825 bid, hence splitting my risk, and taking some profit on the market, not sure this makes me a fully fledged turkey, perhaps more of a chicken. I do take the point of Ellie15, Ancalas statement seems to indicate that they are willing now to take 51% majority shareholding, this would leave remaining shareholders with their shares and their dividends, also leaving a local firm with a local supply chain. If you check out the water only bills of both companies as a straight comparison the DVW are substantially lower cost to consumers than SVT are to theirs. How SVT can make the inference that their best practices will lower bills in the DVW area when they are running at such a premium in their existing area of supply is a mystery ( one off head count savings would be the only way) |
Posted at 07/12/2016 22:19 by ellie15 Praipus, when SWW acquired BW the WIA and CMA ruling was that if the company had a turn over of 10million then it would be refereed to a CMA level 2, that ruling has since changed, otherwise DVW would be an automatic referral. The fact that it involves a Welsh company at a time when there are significant changes in the not too distant future regards devolution and that there is so much political pressure surrounding this and undoubtedly other factors relating to the potential for a level 2 investigation does throw an element of risk in to the equation in my opinion. If SVT fail then the share price will drop so a missed opportunity to cash in so the question is, take the risk and lose out or take the high price now without risk. As a customer of DVW also, I have stated previously that there is a potential to lose out with the inevitable higher bills from SVT and the fact that I would prefer to keep my water supplier local with local people on employment so a number of reasons. From a shareholder point of view, I believe there is uncertainty and with Ancala revised statement, there is also still the option for the remaining shareholders to continue with dividends so the vote isn't a foregone conclusion imo |
Posted at 07/12/2016 06:22 by ellie15 Share price would no doubt head south if both bids fail but why wouldn't it recover and continue to pay shareholders dividends which have been subject to steady growth over the years? As they've survived for many years on their own, can't see why they would be unable to continue to do so particularly as they already outperform the big players, SVT included in many areas already. Lose / lose for those of us who are DVW customers, no dividends, poor customer service and inflated bills. Would still take the Ancala offer if it came to one of the two as that gives the most surety for me and many others as customers. |
Posted at 05/12/2016 19:50 by ellie15 Don't really want to detract from the main subject of the thread but have a few points as someone who has had the opportunity to visit the DVW sites which constitute more than Wrexham scrubland. Treatment works in CHester, half of site is operational, other half are offices and storage yard/ buildings so prime development land. Land in Handbridge - opportunity to sub-divide and again, develop. Other land which is operational, opportunity for hydro powered renewable energy.Also, since the PR14 review, a new Board was put in place who have since made many changes recognised by OFWAT in customer service and operational areas. I'd rather keep my shares so perhaps let Ancala buy up 51% from those who want to sell and those who don't get to keep their dividends? SVT opportunities, already stated a reduction in head count so yes, for those people there is somewhere to go but not where they'd want to! From my own perspective, I won't be voting for SVT |
Posted at 24/11/2016 15:33 by praipus Nearly:) Though the real wish list is not having to sell DVW at all. 150 years of history and growing value gone in a moment of greed.If the bids all lapsed or failed due to Ofwat or something the share price would probably be painful short term but better for long term DVW private share holders. They wouldnt lose those RPI linked returns and asset growth while all around negiotiate Brexit and the EU tries to avoid collapsing in its current form. Just thoughts. Swapping DVW for SVT shares is more desirable than cash IMHO. |
Posted at 16/11/2016 07:48 by topvest New offer by Severn Trent then at 1705p. Will accept that. Be interesting to see if Ancala Fornia increase their offer now or walk away, given they have spent a lot of time and money on this. Still not an overly generous offer given the dividend yield at this price is 3.7%. Room for an offer at up to £20 if there is competition, but probably unlikely. |
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