Natwest Share Discussion Threads

[zeppo] 18/2/2010 15:46

As long as the divis don't get diluted or washed away.

z

[beardmore] 18/2/2010 14:53

Very likely a leak - after all, NWG is a water utility

[enami] 18/2/2010 14:43

Bad news / no takeover news leaking and insiders selling out?

[ashtongray] 18/2/2010 14:36

Anyone know what happened @1400 hrs???

[clintonville] 10/2/2010 20:12

It's certainly a safe one considering the economic uncertainty and the way other stocks are being battered.

[zeppo] 07/2/2010 18:09

The takeover rumour of last week seems to be a dead duck.

With the bashing the market took later in the week NWG stayed up pretty well after its brief surge last Monday.

Perhaps people have realised that this is a good long term income stock.

z

[clintonville] 03/2/2010 08:40

hope that I do a bid for that price is untrue as many of us have bought at a price above that level.

[zeppo] 02/2/2010 17:27

Robcoo

Agreed!

I do not regret having a few more for the yeild.

z

[robcoo] 02/2/2010 16:48

Surely the significance of bringing forward the interim statement and issuing it during the day rather than 7am is that the company is indicatimg that it has nothing material to report on a possible offer. Thus it is obliquely replying to the rumours

[chris79] 01/2/2010 21:49

aspers - i won't be 'the loser' as i own loads of ECWO which have these as one of the biggest investments, i hope there has been a bid, but to say there has been a bid because the company declined to comment is blatantly untrue.

beardmore - apologies if my comment does not seem civil, tone is difficult on the internet; but unless you also believe whenever a company won't comment on something that they have received a bid then i have contributed more to the thread than aspers by correcting his clearly wrong statement!

[zeppo] 01/2/2010 20:43

Interim Management Statement was issued today at 14.34 - one week earlier than on their online Financial Calender.

Haven't a clue whether or not this is significant. Haven't read every detail.

Tomorrows price will tell me if there is anything significant going on.

Added a few am. Allowing for costs and stamp duty I believe my yeild will be something like 4.4% which will grow a little each year until 2015.


z

[beardmore] 01/2/2010 19:13

CHRIS79 - try to keep it civil. At least Aspers contributed something to this thread.

[payney36] 01/2/2010 19:04

Thats people selling them for the Canadians to buy them up!

[aspers] 01/2/2010 18:59

Chris.......if YOU think its total rubbish thats fine!!...you'll be the loser :-)

[chris79] 01/2/2010 18:44

aspers. what total rubbish; there are dozens of companies a day that decline to comment on rumours; there are not, sadly, dozens of bids every day!

[investinggarden] 01/2/2010 16:11

Northumbrian in top 10 sells today

[payney36] 01/2/2010 15:15

I paid £3.30 for mine about 3 years ago, i would vote yes if they offered £4.I missed the £3.70 as i was on holiday at the time but with dividends i must be even nearly now!Got 20k's worth, was about 7k down at one stage i think so quite plased today!

[ptgint] 01/2/2010 14:15

Like you Praipus I am a bit sceptical of these press rumours and also not a little surprised that any Pension Fund, especially an overseas one , would want to OWN a water company or indeed any company with all the problems ownership brings. Surely they should be happy just taking the divi's from a large share of the company.

[markie7] 01/2/2010 13:18

On doing some basic research here it looks to me like a pretty decent trade is out of NWG into SVT once this situation has settled down. SVT yielding nearly 6% after div cut and price review, NWG quite a bit lower yield (but still decent); but with prospects of 10% capital upside in short term.

I'm going to hold on, then sell into SVT if the deal comes off. Equally, very happy to hold on even if the deal doesn't come off.

[clintonville] 01/2/2010 13:15

We should not forget that if NWG is taken over, we would have even less british company left to invest and fewer companies left with generous dividend. I would not vote for the company to be taken over, as I invest in it, mainly for the dividend.

[markie7] 01/2/2010 12:44

starting to rise again ahead of Canada waking up?

[praipus] 01/2/2010 11:51

Also bit wary of these press lead takeovers without any RNS as we had recently with IPR.

[praipus] 01/2/2010 11:49

Dont forget NWG is one of Ecofin's (ECWO,ECWL,ECWZ,ECWS) largets holdings and they are trading at discount to net assets value at the moment.

[zeppo] 01/2/2010 10:47

Having topped up at over £3.14 with costs over a year ago I will be very disappointed if this is taken out at as little as £3.25.

£4+ would be reasonable.

Being retired and investing for income I would perfer NWG to stay independent with its proposed divi policy.

Private investors will have little say.

In my opinion Kelda went too cheaply.

With UU. we have been stitched up with B shares etc three years ago, then the cashback and share consolidation. This massively reduced our divis because we ended up with fewer shares as well as a 30% divi reduction. We did not get enough cash to re-invest and make up the divi loss. Now UU. shareholdrs are facing a further 12.5% reduction in income from the next financial year.

The question that has been previously asked: Where do you next invest for reliable income if NWG goes at this low suggested figure?

My biggest holding after the reduction in value of UU. is DVW. It is not in my long term interests that DVW should be taken over.

z