Natwest Share Discussion Threads

[zeppo] 23/6/2010 12:14

Some buying in a weak market.

Please don't let there be an agreed takeover below £3.5.

z

[darias] 23/6/2010 08:13

If you choose to stick with utilities

Try United Utilities. The board has tried divergence to other markets in previous years but now consolidating to a purely water play.

Share price seems to be fair value now. We have held for longer than NWG June 07 purchase looks a bit sick but high dividend yield. Timed september 09 almost perfectly.

For a value company and property play. First Property.

We have held since June 08 at a relatively high price but bought again June 09. Decent yield. The company has been a major buyer/manager of property in Poland and got that right. I am a bit concerned that they may be back into commercial property in the UK a little early now however at today's price they are fair value and may break out like BRG did.

Of course dont take these tips as gospel I will not take responsibility if they go down the pan.

[tuning peg] 22/6/2010 20:09

Darias

I bought the majority of my stake in April 2006 at £2.67 and then topped up again in August 2009 at £2.31 as NWG was a conviction buy; so for me I have shown a capital gain on top of the 4 year income stream.

I suppose the point I wanted to make is that I invest for the long term after doing a lot of research - so it was a little whinge that I would have to start that process over again to find a quality company.

But clearly a nice problem to have in my case and my sympathies to others who caught the timing wrong. I have also been a victim to bad timing by investing very heavily in Lupus Capital (LUP) right at the height of the US housing boom in 2007 at 120p only to see a seat of the pants ride (well, in fact a brown pants ride) down to 10p and now back up to 90p. But again I'm in for the long term here despite the numerous opportunities to sell out and cut my losses ..

As for mining companies, to be fair I don't really understand them and in the end aren't they, just well, commodities? You have to get your timing right on the commodities cycle, more therefore a question of luck than any stock picking skill? Utilities by contrast have stable, fairly predicatable income streams in dominant/monopoly positions and are a great hedge against inflation.

Sorry to go a bit off topic but looking to fill the space ahead of confirmation of our imminent NWG bid.

[darias] 22/6/2010 16:18

Actually no real capital gain since 2006. So 3 years of capital gain from 2003 to 2006 is hardly record breaking is it?

[darias] 22/6/2010 16:15

Capital Gain?

Perhaps for very long term holders but not for holders like us - bought March 2007.

This like other utilities is an undervalued share and these companies are being picked up cheap by foreign companies. The stock market offers no protection for our capital companies.

Even Tuning Peg would have been better buying a miner or retailer than these utilities.

[beardmore] 21/6/2010 18:38

...agree, Tuning Peg. Remember KELDA? BOC? Thames Water? Many more that my failing mind cannot recall. All of them solid dividend payers and enough capital appreciation to protect against inflation.

[tuning peg] 21/6/2010 18:02

In a way I think I would be sorry to see NWG go.

For me it's a reliable stock that has given me both capital gain and a healthy dividend stream over the years. These sort of stocks are particularly hard to come by and it will be a pain to have to start researching all over again. I actually reinvested my takeover proceeds from Bristol Water (remember them anyone?) into NWG and have never looked back.

This said I have recently bought some ECWO on weakness given their sizeable holding in NWG. I've also picked up some SSE recently although whether they prove to be as rewarding as NWG remains to be seen.

[zeppo] 21/6/2010 15:16

Takeover?

Another damp squib?

I am happy if the price stays up and the company goes forward.

z

[praipus] 17/6/2010 21:35

Good to see DVW move up in sympathy with NWG. ECWO moved down curiously being NWG is one of the top ten.

[praipus] 17/6/2010 21:32

Scribbler revealed long ago that he had holdings in the following may be worth checking the threads.

BA., BP., CSLT, DRX, PTY, RDSA, RDSB, TIG and UU.

I kept them in a monitor.

[praipus] 17/6/2010 21:22

No cant say I have. Not quite so many posting these days perhaps a sign of the times. He used to post on one of the Eurotunnel threads too.

[zeppo] 17/6/2010 17:38

Press suggests an offer within about two weeks.

Could be another damp squib.

I topped up on the last rumour so hope the price stays up to justify that.

Que Sera Sera!

Praipus have you seen any postings by Scribbler101 lately?

He used to be on the DVW thread quite often. I think that I possibly annoyed him with attempted humour. I hope he's all right. Possibly on the posh Premium BB?

z

[praipus] 17/6/2010 14:34

All AT trades someone manipulating the journalists. IMHO.

[praipus] 17/6/2010 13:33

Why isnt there any RNS relating to this?

[zeppo] 16/6/2010 19:50

Small shareholders are pretty powerless.

Que sera sera.

Does the board of a stable company with steady income etc have to capitulate easily?

z

[stulock] 16/6/2010 14:33

seems to work out at around 328p per share. I hope they hold out for a bit more than that. 3.90 to 4.00 would do it for me.

[zeppo] 16/6/2010 14:32

If there is and offer I hope it is above the £3.25 suggested previously.

z

[sajjad017] 16/6/2010 12:37

Talk from the City: Northumbrian 'receives £1.7bn takeover approach'
Northumbrian Water traded at a 52-week high on Wednesday amid talk Ontario Teachers' Pension Plan had finally made a £1.7bn takeover approach for the water company.


By Ben Harrington, Markets Reporter
Published: 11:22AM BST 16 Jun 2010

Comment on this

Northumbrian Water Group

Traders said Ontario Teachers is working with another infrastructure fund on the transaction. Boutique advisory firm Lexicon is though to be advising the consortium on the takeover while Deutsche Bank is said to be working with Northumbrian Water.

A recommended offer from Ontario Teachers, a Canadian pension fund that is Northumbrian Water's largest shareholder, could be announced in the next two weeks. Rumours about a bid from Ontario Teachers first emerged in late January.

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The gossip was that the fund had begun sounding out banks to put together a debt package for the deal. However, a couple of weeks later Ontario Teachers denied it planned to bid, saying "it does not intend to make an offer to acquire the entire issued share capital of Northumbrian Water".

Still, Northumbrian Water was up 1.2pc at 301p this morning as renewed bid rumours circulate the market.

[sajjad017] 16/6/2010 12:36

possible 1.7 billion takeover reported in the telegraph today

[praipus] 29/4/2010 14:35

Oversold on low volumes + bank holiday weekend....hmmm

[beardmore] 08/4/2010 12:13

......healthy dividends are beginning to attract fund managers.

[zeppo] 08/4/2010 11:44

Again AT trades moving this up against the market.

Good to see the price at these levels especially as I have added at a higher price in the past.

z

[praipus] 31/3/2010 12:18

Amazing a lot of the trades are AT's this market is just computers talking to each other humans no longer required.

[markie7] 30/3/2010 14:52

back to pre "bid" levels that were hit a few weeks back.

[muffinhead] 30/3/2010 11:46

down boy...strong movement for a dozy company