Dee Valley Grp Share Discussion Threads

[jeffian] 02/12/2009 17:27

Well, I bought it on a tip that it was going to be taken over.............the trouble is that was 2 years ago!

[praipus] 02/12/2009 15:28

lol, You dont realise what youve got till its gone.

[jeffian] 02/12/2009 13:53

No, I expect you're right, P. Just trying to inject some excitement into this boring, boring share!

[praipus] 02/12/2009 13:50

Suspect just the run up to going XD. Happy to be proved wrong if the price is right.

[beardmore] 01/12/2009 11:26

Yes, this has the feel of a bidder sniffing around!

[jeffian] 01/12/2009 10:57

Let's hope so. I wish someone would take the bu99er over!

[skyship] 01/12/2009 10:53

Hmm - nice rise - 875p-900p, but why? Surely not purely the change of CEO. I'm sure Norman Holladay is a perfectly competent internal appt - but hardly a big hitter! So is therefore something else afoot...

[zeppo] 30/11/2009 14:50

Rounded up with 250 today.

250K shares have been transferred? by a bigger player at about the same time.

z

[zeppo] 27/11/2009 12:40

Skyship

Well done!

Is there a date in January when the water companies and OFWAT finally agree after negotiation?

z

[skyship] 27/11/2009 10:50

Got that 2nd 500 today @ 828p....

[zeppo] 16/11/2009 10:04

Interims 25th November 09

OFWAT determination can only affect divis going forward - not the current financial year.

z

[praipus] 21/10/2009 13:14

Had the same problem buying UTL I placed a limit order at the mid price of £1.26 and the MM's moved every thing to £1.30-£1.33... MM's slim their holdings down when markets are weak understandably but now they are starting to recover I sense some are being caught out.

Welcome aboard Skyship.

[skyship] 21/10/2009 11:58

Jeezz - rather sensitive - could only get 500 @ the offer price of 840p, then they call them 830p-860p! Will wait awhile for another 500....

[beardmore] 20/10/2009 18:03

I hold for income but I also believe that, as you say Zeppo, a takeover is a real possibility.

[zeppo] 20/10/2009 17:48

I am optimistic ahead of the OFWAT decision.

I believe that, at the very worst, this smaller water company could be snapped up by one of its three larger neighbours who could gain the water catchment, water storage and the relatively small customer base but possibly achieve cost savings using their own admin. etc.

I would prefer to see it continue, as it is, with modest divi growth each year.

I am a long term holder for income.

z

[skyship] 20/10/2009 17:28

Interims due in c.4-5 weeks. Anyone any updated views on this one?

[zeppo] 24/7/2009 10:48

Beardmore

My three are DVW, NWG and UU. (In descending order after the UU. cashback.)
I did top up DVW and NWG during the last year - but not UU.

Perhaps UU. couldn't sustain the divi that they paid before the cashback and re-capitalisation last year but I feel short changed by them. For me the cashback came just as the market was about to go into its steepest decline. You had to be very wise to re-invest the cashback well.

z

[zeppo] 23/7/2009 21:49

topvest

'Should improve in the Final determinations.'

I hope so.

Being retired, I am only concerned with divis. I will wait and hope.

z

[topvest] 23/7/2009 21:13

Yes, out today. Tough position taken by Ofwat. Dee Valley did better than some, but tough all the same. Should improve in the Final determinations.

[zeppo] 10/7/2009 14:02

23rd July 2009 OFWAT Publish draft determinations for comment.

z

[jeffian] 28/6/2009 23:13

"THE boss of Thames Water, Britain's biggest water company, wants to lead a radical reshaping of the industry by taking over a dozen smaller rivals.
................
South East Water, owned by Hastings Infrastructure, the Australian fund, is among the companies that Owens said was most interesting. Others including Dee Valley Water and Sutton and East Surrey Water are also thought to be vulnerable."

Go on, my son!

[topvest] 27/6/2009 08:48

Yes, nice to see this jump back. Looks a well run company and they should be able to move the dividend forward over the next five years.

[zeppo] 26/6/2009 16:09

And still further up - against the market.

z

[zeppo] 26/6/2009 13:34

Still moving up on thin trades.

z