||EPS - Basic
||Market Cap (m)
Scottish & Southern Energy Share Discussion Threads
Showing 1726 to 1749 of 1750 messages
|Thanks , though contrary to Phil's comment I don't always get it right!
It is hard to assess the decision making afterwards. The total portfolio value is key , but that would not assess a missed opportunity , like selling something that subsequently rises. Also what do you compare with ?
My wife has a managed portfolio that consistently just underperforms the FTSE100 and Allshare , which I thought a reasonable performance until I realised that the total value including dividends should be going up at about 3% above those indices as they don't allow for yield . The FTSE100 also outperforms as by definition it replaces the poorer performing stocks with better ones. A more valuable measure would be the total value of the 100 top companies from a given day without swapping.|
|Good for you Wad !!!|
|Garycook, I suspect it is already in the price and also suspect I can buy back in as the share price has become a bit volatile. I won't sell my core holding though.|
|wad usually calls it right but £17 looks on.|
|Why trade out.Shareholder payout coming ?|
|Another 1% rise will see me trade some out ; suspect it will drop back again soon.|
|SSE sells third of its stake in regional gas distributor - HTTP://citywire.co.uk/money/the-expert-view-pearson-glencore-and-sse/a958698?ref=citywire-money-picture-galleries-list#i=4
Energy provider SSE (SSE) has sold a third of its 50% stake in regional gas distribution business Scotia Gas Network (SGN) to Abu Dhabi Investment Authority for £621 million.
Jefferies analyst Ahmed Farman retained his ‘hold’ recommendation and target price of £15.50 on the stock as the company said the money would be returned to shareholders.
‘SSE has managed to achieve a good price for its stake in SGN, which reflects the quality of the underlying asset and its management,’ he said.
‘The implied +40% premium to the regulatory asset base was ahead of our expectations. Additionally, if the proceeds from this transaction are returned to shareholder, it could provide a short-term positive catalyst for the share price.
‘However, beyond that, we continue to believe that SSE faces headwinds in its domestic energy supply and power generation business at a time of heightened policy risk in the UK.’
The shares dropped 14p, or 0.9%, to £15.34.|
|My basic maths suggests that 621million is about 40 p per share so after expenses and maybe tax it is going to be less than that. So a welcome windfall but not game changing and SSE will lose some income on the reduced stake|
|What a great return on their original investment!|
|SSE said that should a sale be completed it would expect to use the proceeds to return value to its shareholders or to invest to create value for shareholders
Not sure what other choices they have. It's a statement of the obvious.
So we may have a cash return of some sort to look forward too.
|That's an interesting rise this morning ; the trader in me is getting a twitchy finger for some of my holding.|
|I think it must be thirty five years ago when i was sent out to Eindhoven to help Philips with their intelligent fridges, washing machines and all other stuff.
Won't stop the greens thinking there's something new about it though!
Obviously technically possible (when frequency drops, send a signal to 10,000 fridges to turn off is possinble, fridge decides if possible and does if conditiona are met), just not worth it on cost grounds atm, and hovering lawyers over those with 'intelligent' fridges who get ill for any reason.
My view is the risk of powercuts is rising, and all it needs in the coming few years is a very cold evening, a coal station unavailable and not much wind and then areas will be disconnected from the grid, even if the hundreds of 1MW diesel sets in countryside portakabins all start when instructed. 10/12 years at the earliest for nukes, 20 years at the earliest for a very small intelligent device load shedding contribution, so it doesn't look rosy to me, we're just taking silly risks.|
|Some would call it realism! :-)|
|Looks like we are in for an upwards ride again today ; £16 does not look very far away again .
I was amused to hear an energy spokesman pointing out last week that the lights are not going to go out and that smart energy use will save us from supply shortages. She seemed to think that my washing machine would solve the problem by waiting until dark. Hmm , not this decade.
I see that my scepticism is not alone
I was worried as I may take this out of my portfolio.
|Xd 62.5p today.|
|"SSE published its trading update where electricity production fell in the first quarter by 31.4% to 1.51TWh, however, output from gas production rose 37.4% to 158 million therms as a result of the Greater Laggan Area assets coming online. Moreover, customer losses continue but have slowed down with a decrease in its customer base of 0.6% in the first quarter to 8.16 million. On the other hand, home service customer accounts partially compensated the 50k customer losses in the retail business as they increased by 16k to 416k."
AlphaValue note out today: Https://www.research-tree.com/Company/GB0007908733|
|Trading statement seems OK
SP into Wave 3, Targets ATH of 2015 at 1696, 1.618 target 1767.
Ex-dividend date 28 July
Payment Date 23 September 2016
Did this chart a couple of days ago
|Let's hope wad has plenty more tranches to sell at 1650, 1700, 1720 etc.|
|Few more pence , 1620 , and I shall unload some more . I will miss the div but will make little difference to the gain I suspect.|
|Barclays Capital Overweight 1,592.50 1,675.00 1,675.00 Reiterates|
|Let some more go at 1595 , perhaps unwisely to add to my CLLN holding. This may be a safe haven , but I think the size of the storm is exaggerated.|
|Agreed, like selling IRV and CLLN that I had held for a long time.|