Severn Trent Share Discussion Threads

[brain smiley] 20/4/2012 15:00

could be takeover....

[miata] 20/4/2012 10:13

Looking to SELL soon.

Historically after such a sharp rise there is a pullback.

[t1lal] 20/4/2012 09:53

Looks like OTC has been a good move... so far.

[tradermichael] 20/3/2012 09:11

The addition of fluoride to water has been researched for over 50 years, and water fluoridation has been proven to reduce tooth decay by 40-60%.

[miata] 19/3/2012 12:51

19 Mar Severn Trent PLC SVT Citigroup Buy 1,576.50 1,684.00 1,684.00 Reiterates

[brain smiley] 17/2/2012 11:52

Severn Trent slips after update shows little signs of improvement at services businessCompany says trading is in line with expectations but adds that consumption levels would fall

Utility companies are supposed to be a haven for investors in troubled times, but a trading update from Severn Trent has seen its shares slip lower.

The company said trading in the last five months had been in line with expectations but warned that consumption levels for the full year were expected to show a decline. Although this is not exactly a surprise, it was enough to push its shares 13p lower to £15.27.

Despite record low rainfall over the winter, the company is not predicting any restrictions on water usage this year although it continues to review the situation.

Its services business - which provides water and waste treatment in European and North America - has been suffering in the current tough economic climate, and Severn Trent said it did not expect any significant upturn before the start of the next financial year. But the second half performance was expected to show an improvement on the first six months. Angelos Anastasiou at Investec Securities said:

Today's interim management statement does not seem to contain any surprises, with management confirming that "trading across the group has been in line with its expectations". One slight positive is that there has been no further deterioration at Severn Trent Services)- but there has been no improvement either. Hence, we have reduced our target price to 1718p (from 1751p) to reflect the continuing weakness. While Severn Trent is not expensive, United Utilities remains the cheaper of the two large water stocks.


Even cheaper at the moment. United is 5.5p lower at 600.5p following the Severn Trent update, while smaller rival Pennon is down 4p at 694.5p.

[praipus] 07/2/2012 09:51

FT's Merryn Somerset Webb on the subject of water

[miata] 16/1/2012 10:47

16 Jan Severn Trent PLC SVT Citigroup Buy 1,555.00 1,684.00 1,684.00 Reiterates

[miata] 10/1/2012 15:29

10 Jan Severn Trent PLC SVT HSBC Overweight 1,534.00 1,640.00 1,740.00 Upgrades

[miata] 05/1/2012 09:13

05 Jan Severn Trent PLC SVT RBS Buy 1,543.00 1,620.00 1,660.00 Retains

[miata] 25/11/2011 14:00

Any particular peers?

[hosede] 25/11/2011 13:54

I've thought for some time that these were seriously overvalued compared to their peers - so sold out a while back.

[miata] 25/11/2011 13:12

Severn Trent was off 2.5 percent after it reported a slightly bigger-than-expected drop in underlying first-half pretax profit.

Interim dividend 28.04 pence per share, up 7.7% in line with dividend policy of RPI +3%.

[miata] 23/11/2011 12:07

23 Nov Severn Trent PLC SVT HSBC Neutral 1,559.50 1,580.00 1,640.00 Upgrades

[miata] 21/11/2011 11:58

21 Nov Severn Trent PLC SVT Morgan Stanley Overweight 1,571.00 1,540.00 1,540.00 Reiterates

[miata] 24/10/2011 10:37

24 Oct Severn Trent PLC SVT Evolution Securities Add 1,534.00 1,627.00 1,627.00 Reiterates

[miata] 19/10/2011 12:42

19 Oct Severn Trent PLC SVT Investec Buy 1,529.00 1,751.00 1,751.00 Reiterates

[miata] 19/10/2011 12:42

19 Oct Severn Trent PLC SVT Morgan Stanley Overweight 1,529.00 1,540.00 1,540.00 Reiterates

[miata] 12/10/2011 09:26

12 Oct Severn Trent PLC SVT Morgan Stanley Overweight 1,551.00 1,510.00 1,540.00 Reiterates

[miata] 09/9/2011 09:36

09-Sep Severn Trent PLC SVT Citigroup Buy 1,455.50 1,653.00 1,653.00 Reiterates