|Dee Valley Grp
||EPS - Basic
||Market Cap (m)
|Gas Water & Utilities
Dee Valley Grp Share Discussion Threads
Showing 701 to 723 of 725 messages
|Lazards increased their holding in Pennon in January
Legal and General reduced their holding in UU. in June 2016
I've bought a small quantity of each so not too much harm done if all goes wrong and will gain if an unexpected buyer emerges.|
|Each to their own. Think they have had a good run and the combination of interest rate risk and significant regulatory risk with retail being opened up to competition etc., is not a great background when share prices are at all time highs.|
|Topvest, classifying utility stocks as bond proxies may be doing them a dis service. They are really only bond proxy if they are fixed income with no underlying growth. As most businesses grow, referring to them in this way is pushing a falacy, unless of course you believe that the underlying business wont or cannot grow.
See the FT report entitled: the long-awaited bonfire of the bond proxies
I'm in a few bank stocks and utilities and given the risks over the european banking sector, over the next 3 to 4 months I have more confidence in the Utility stocks; even in an inflationary environment.|
|I wouldn't buy them at the moment really. They are a bond proxy and with interest rates about to step up, valuations could be impacted. They have all had a good run.|
|Thanks Topvest, which do you recommend or are you buying them all?
Hindsight-speculator, No I didn’t realise Severn Trent generate revenue from providing services overseas either.
However they have won contracts to provide services in
* and North America!
So using the term World Class is for that reason alone totally justified IMHO.
Presumably an employee who fancies a change of scenery could relocate!
Severn Trent Services won a Queens Award for innovation in 2004. See the article in the Independent entitled “Higher Quality makes up for fall in quantity of Queens Awards”.
Anyway have you bought any SVT shares yet?
Mine are up 2.4% already! Buy now while they're cheap:) |
|Since privatisation in 1989 the ex-authorities have made huge strides in customer service and efficiency. However those of us who have worked in the industry know that there is still a way to go, so to describe Severn Trent as "world class" is stretching a point. Employees have made their feelings clear and view the takeover as a threat rather than an opportunity. I'll be watching what happens even though I will be an ex-shareholder.|
|No further dividends.|
|If DVW couldn't remain independent then being part of SVT is a good outcome IMHO.
Loan notes for the long term loyal private shareholders is a genuine positive.
World class highly capitalised company for the employees to grow their careers with.
Can't change it now press on and look to a bright future.
Please can someone remind me do we get the last dividend now or is that it?|
|Somebody's advisors did not appear to be up to scratch.
I wonder if they will get anymore business from Svt in the future?|
|Didn't they do things at the wrong time|
|Agreed, but quite entertaining. So, we are down to just 3 listed water companies: Pennon, UU and Severn Trent.|
|And now the end is near, and we have reached the final curtain...
|"The opposing shareholders have confirmed to the Company that no appeal will be made. "
|What a saga..leave to appeal granted!|
Many thanks for the explanation|
Given there are 4,138,902 ordinary shares in issue 40000 is just under 1%, which is why there is no Rule 8.3. The trade is much too large to be a fat finger, the system will only make this stock in 5000 at the very most and often as few as 100 shares. Do I have an idea what it is I think it could be a hedgie moving stock around prime brokers or into physical stock, not sure. Also not all the exchanges that you can report a trade to mark on the screen so there may be prints we cant see.|
|Looks like somebody got bailed out of a "fat finger" today. 40,000 bought and sold.
Approx 8% of market capital.
Edit: 9.6% of issued capital. Perhaps they only wanted to buy 4 shares !|
|Thanks good to know.|
The synergies you mention will obviously lead to a good percentage losing their jobs. Finance, Purchasing, HR, Call centre,Billing, Design, Administration and as SVT don't carry out their own Capex project work, unlike DVW, some frontline staff.
As far as Ancala are concerned, I did not mention them in my post.
My point was nothing wrong in people using the system to fight for their local water company.Even if they eventually lose.
They could have taken industrial action as they do on the rail network I suppose, that always gets public support and helps the local community.
Good luck picking up bargain priced shares, nothing wrong with making money from investments either.|
|I expect Severn Trent to lose the judgement. Can't see that they can win. They will no doubt come back with a cash bid as they won't be able to admit defeat.|
I am not quite sure how you reach the conclusion that "good percentage of the workforce would lose their jobs" Its the first time I have ever heard of a private equity firm being painted as the good guys, I have always found that to make the returns that their demanding investors want they have to cut cost and gear up a business. Given the monopoly cash flows that DVW has this is an ideal candidate for that treatment. SVT are much bigger and will always be able to extract more from the asset as they have on the ground synergies, how do you know that it won’t be SVT jobs that are cut, they have said that they will bring all the Welsh parts under Welsh regulatory supervision. I think that SVT have lost the PR battle but may still win the game.
I am not impatient for my money but merely an opportunity to purchase more at a lower level as nervous private clients panic out.|
|Don't SVT operate satellite offices all over the Midlands, on the old County Waterboard structure? Ive asked friends and associates that have had dealings on projects for SVT, and they all say the same thing; they appear to employ local staff to manage and work those satellite offices; the people that know the areas and are local for transport.
Is it really true that a "good percentage of the workforce would lose their jobs"? I would have thought that on a successful buyout, SVT would stick to their satellite model, or am I missing something?
I'm looking to buy in after the court case, on the assumption that SVT will lose, and later up their offer.|