Pennon Share Discussion Threads

[miata] 08/8/2012 11:34

Ex Final dividend of 18.3p pay 05/10/2012.

Total for the year 26.52p.

[leeson31] 09/7/2012 10:34

i like the way the stock becomes a ftse100 entrant due to mcap, but therefore goldman sachs now have a sell. lol trend is up, im remaining long :-)

[praipus] 02/7/2012 13:11

Leeson31 why 795p and not the RAV value?

[leeson31] 28/6/2012 17:24

Nice :)

Holding for ~795p

[enami] 28/6/2012 16:39

Aye looks like they bought in at the close today, over 6 million traded in the closing auction and jumped 9.5p to finish at ATH.

[leeson31] 27/6/2012 17:06

Thx Enami. Having great time thx!!

Pnn going good indeed, and Moni showing very encouraging signs. Closed at 34. Above 50 and 200 mad. I assume we're still back on for 47.7p as per the weekly, where the macs now clearly having intersected .... ? ;)

Cheers

On beach at mo, on hotel wifi, having a corona!! :)

[thamestrader] 27/6/2012 10:05

Presumably the FTSE trackers will be buying (probably already are, judging by recent performance)

[enami] 26/6/2012 18:12

Having a good holiday Leeson?

Pennon Group promoted to FTSE100 effective 29 June.



"International Power will be deleted.

Pennon Group (UK B18V863) will be added to the index with a shares in issue total of 362,220,399 and an investability weighting of 100%

EFFECTIVE FROM START OF TRADING 29 June 2012"

[enami] 26/6/2012 18:11

Pennon Group promoted to FTSE100 effective 29 June.



"International Power will be deleted.

Pennon Group (UK B18V863) will be added to the index with a shares in issue total of 362,220,399 and an investability weighting of 100%

EFFECTIVE FROM START OF TRADING 29 June 2012"

[enami] 07/6/2012 15:30

Aye PNN likely to get promoted this quarter with both IPR takeover and GLEN/XTA merger to complete soon.

"It is expected that dealings in IPR Shares will be suspended with effect from 7.00 p.m. on 27 June 2012, that the Scheme will become effective on 29 June 2012"

I assume that the Glencore / Xstrata merger will be effected in late July

[miata] 07/6/2012 11:31

The FTSE100 reserve list, to be used in the event that one or more constituents are deleted during the period up to the next quarterly review:

Reserve List
SEDOL Company Inv Weight
B18V863 Pennon Group 100%
B0SWJX3 London Stock Exchange Group 65%
B5N0P84 Wood Group (John) 88%
B07KD36 Cobham 100%
0773960 Travis Perkins 100%
B3WJHK4 Informa 100%

[thamestrader] 17/5/2012 13:15

True, the current downspike is lower than December's upspike, but, as long as it is only a spike (big but), it's still in its uptrend. If it goes below 710, run for the hills.

safe havens? no. Although SSE and NG. seem to be going sideways while everything else is plummeting.

[jon827] 17/5/2012 12:09

it went -tiv ytd yesterday thames, im not sure anything is a safehaven at the mo

[thamestrader] 17/5/2012 11:48

Not really, jon, it's still within its upward channel/trading range, albeit at the very bottom of it. If I wasn't such a chicken, I might even buy some.

[jon827] 16/5/2012 17:31

PNN looks sick! is it about to roll over?

[miata] 20/4/2012 17:03

Note comment
"South West Water Ltd., Exeter Devon : Water bill for band D property in Devon and Cornwall for 2012/13: £1,404."

Cazenove
Assuming the IPR takeout completes, then since 2000 there would have been 11 UK utilities taken over, with only 7 UK utilities remaining listed. Of those remaining, we see Pennon (OW) as the most attractive M&A candidate due to: strong
growth from its Energy from Waste (EfW) pipeline; its well managed
water business; and its relatively small EV making an acquisition easier
to finance.

(Other utilities: SVT, UU, Drax, Centrica, SSE and National Grid)

[gateside] 20/4/2012 16:56

JP Morgan ranks water company Pennon as the top utilities takeover target in an exercise ranking the remaining seven UK-listed utilities.

Helps to explain this weeks rise.

[enami] 20/4/2012 08:47

Good performance over the last 10 days since bounce off 200MA.

Today's high so far just 4.5p short of intraday ATH 749.5.

[jon827] 14/2/2012 23:08

wotcha Naked Trader :).. are you the real naker trader or just some advfn wanabe?

[miata] 14/2/2012 09:50

Pennon said it expects to report a slightly lower full-year profit at its waste management unit, hurt by a sustained drop in recyclate prices.

Pennon, however, said overall group performance was on track to meet management expectations, and that South West Water was continuing its strong performance.

[naked trader] 13/2/2012 19:18

Nice piece in The Intelligent Investor with two brokers rating a buy with target price of £8.00 and £8.10 (Credit Suisse & Liberum Capital) although Investech do say £6.72! IMS tomorrow so I will wait and see how it's going. I am looking for profits around or just over £200m.

[praipus] 08/2/2012 15:50

I recon someone is trying to buy Pennon and this RNS shows Goldmansachs are in on it IMHO.

We are being manipulated down so some soveriegn wealth fund can pick up a disclosable stake.

[praipus] 07/2/2012 09:49

FT's Merryn Somerset Webb on the subject of water