Natwest Share Discussion Threads

[beardmore] 31/1/2010 13:56

Who suggested £3.25, Zeppo? Or is that your feeling?

[zeppo] 31/1/2010 11:07

If not before there is an Interim Management Statement due on 9th Feb.

I hold these, DVW and UU. for income.

Whatever is happening to UU's share price currently the income, which is to be cut by a further 12.5% from the 2010/11 trading year, has been cut but more than 50% with the cash back and share reduction.

If the NWG takeover goes ahead it is suggested it will be at about £3.25+.

Looking forward to next week.

z

[beardmore] 31/1/2010 10:54

The income stream is very attractive to the Pension Funds. I hold 'lots of UU' as well, it has been a bleak 2009, but it's all looking a bit more cheerful now.
Let's see what Monday brings for NWG!!

[timbo003] 31/1/2010 07:47

Good luck guys, I don't hold, but I've got lots of United Utilities, so I will be taking a very keen interest in this story as it develops:

[56richard] 15/12/2009 11:21

ex div tomorrow

[markie7] 07/12/2009 13:10

going very nicely

[zeppo] 16/11/2009 10:51

Interim figures will be announced on 23rd Nov.

Final OWAT determination only affects water prices from after 1st April 2010 - so 08/09 Interim and Full Year dividends should be unaffected.

z

[muffinhead] 14/11/2009 22:58

Yes Minister...if this government needs infrastructure job creation and corporation tax receipts, ofwat and investors need a sound decision that gives the appearance of politicians smelling like roses

[gateside] 21/10/2009 08:36

News?

You'll have to wait till 23rd November for the Interim Results and also during November will be Ofwats Price review decision.

[milton8] 21/10/2009 08:30

can buy at 231-232 p at now? any news? pleas...

[rjpjordan] 14/10/2009 21:33

I am really surprised this has dropped from 260. Looks well oversold and if I could release money from elsewhere then I would certainly be in! Actually, I think I might just do that tomorrow!

[alan@bj] 14/10/2009 09:29

A bit overdue, but got this from the Pennon bulletin board:-

HSBC believes water sell off overdone
7 October, 2009 12:47:49 PM

HSBC has issued a note on the UK water sector with upgrades for most, citing sector underperformance. Northumbrian Water is upgraded to to Neutral from Underweight and the target price to 260p from 250p, Pennon group is raised to Overweight from Neutral and the target price to 550p from 510p, Severnt Trent moves to Neutral from Underweight but the taregt is cut to 1020p from 1040p, while United Utilities remains as Overweight but the target cut to 510p from 550p. HSBC believes that a mroe favourable final determination from Ofwat may underpin the sectors yield investment proposition.

[clintonville] 14/8/2009 15:09

Thanks Brads! I looked on another site and it showed a different date. They must have got it wrong.

[muffinhead] 13/8/2009 22:02

With dividend out of way and ofwat decisions ~ november, a further 10% down looks possible but you never know for certain



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[brads33] 13/8/2009 20:48

Dividend will be paid 11/09/09 according to the financial calendar.

[clintonville] 13/8/2009 13:48

Our dividend will not paid till September 2010? Is that right? Strange that there is such a long gap between the ex dividend date and the payment date.

[revoc2] 12/8/2009 11:40

why is this down so muchm when div is only 8p?
thnax
i was told there is strong support at 230p?
is this right?

[bossman1978] 05/8/2009 17:13

Nice steady climb will do me

[eisler] 25/7/2009 00:09

Sector decidedly out of favour I'm afraid and can only see a downward trend over the next month or two...hope I am wrong but tempted to hit the sell button...

[ptolemy] 24/7/2009 14:22

rebess,
read the broker notes on the Ofwat ruling re the water utilities and you'll see they universally say Northumbrian and Pennon are best placed and will probably manage a 3% real growth in divi.

There is no 'massive gearing'.

Unlikely Northumbrian will require a rights issue.

[rebess3] 24/7/2009 13:21

The massive gearing is now looking like a huge millstone around the neck of NWG.

A rights issue seems the most likely scenario now. Either that or a significant reduction in dividend.

[rebess3] 13/7/2009 09:29

Beardmore

Where does Cuthbertson fit in?

Nowhere really, he's just the CEO, the Major Domo that runs the outfit.

Look on your Sharescope (good isn't it) at directors information, you'll learn more there

Good luck.