Natwest Share Discussion Threads

[sllab101] 02/8/2007 09:24

However, the investment bank argued: "We believe the sector implications from the current difficulty in credit markets in absorbing risky LBO debt are fairly limited because the amount of deeply subordinated debt in potential water LBO structures is relatively small."

Pennon Group, which has recently been touted as a target for a big European predator such as Aguas de Barcelona, crept up a penny to 617½p. Just before the market closed, Northumbrian Water - which is also frequently cited as a potential takeover candidate - was buoyed 13¼ to 317½p.

[sllab101] 02/8/2007 09:22

After UBS said that leveraged buy-out activity in the water sector is still likely because it requires a relatively small amount of deeply subordinated debts and carries less risk, buyers dived into Northumbrian Water, 13¼p higher at 317½p. Up 18½p at one stage, Pennon added 1p at 617½p on continuing talk of a French bid.

[sllab101] 02/8/2007 08:59

Getting very near that gap.

[sllab101] 02/8/2007 07:54

Outlook

We have made a good start to the year and are confident that this performance
will continue throughout the year to 31 March 2008. At the Annual General
Meeting to be held later today, we will propose a final dividend of 7.52p per
share which will be payable on 14 September 2007 to shareholders on the register
as at 17 August 2007.

[aspers] 01/8/2007 22:07

Looks like being an interesting week.....a near 5% rise when all hell let loose elsewhere means there is big news coming!!!! Glad I bought back in last week.

[praipus] 01/8/2007 17:16

Overheard some institutional investors saying that Utility assets are between bonds and stocks in terms of risk profile perhapes explaining the price being chased up on a down day.

[sllab101] 01/8/2007 16:45

Held very well can't say the same for pnn.

[markie7] 01/8/2007 15:25

fascinating rise today against this backdrop. tempted to sell again.

[optomistic] 01/8/2007 14:45

Follow the leader!

[optomistic] 01/8/2007 14:35

Hope they do for you sllab, I'm only in NWG, bought last week, before the drop.
At this price I am just back in the money. Looking forward to some big upside here as it must be the 'banker' of the water section.

[sllab101] 01/8/2007 14:22

Dont mind if they both fly.I am holding loads of both of them.

[optomistic] 01/8/2007 14:20

And UBS gave pnn a 'neutral' this morning!

The broker reiterated its 'buy' rating on Severn Trent and Northumbrian Water Group, which it believes offers large upside to potential takeout valuations.

That came out this morning...delayed action. LOL

[sllab101] 01/8/2007 14:15

opt.have a look at pnn that might be it.

[optomistic] 01/8/2007 14:13

Not complaining with this move (it's the only blue I have) but would be nice to have a clue as to what's causing it. AGM tomorrow, can't have this effect or can it.
Ideas anyone?

[manrobert] 31/7/2007 08:20

looks to me as if the uptrend from sept last year is still in place and i think an advance to 320 is likely.this is in my opinion one of the safest shares on the market.steady increases in div.it doesnt need takeover rumours to support it.all in my opinion.

[ialwayswinatmonopoly] 30/7/2007 09:19

Fair comments optomistic. I always welcome balanced debate. I personally trade on chart patterns, with supporting indicators. I bought recently at 312p when the graph showed a break up of a double bottom. However, it qucikly broke down through 307p (an apparent support level!) and when I watched the MACD over the same period it showed a potential down turn and therefore I took the hit and bolted.

I agree with your fundermental sentiments but I am completely out of the market at the moment and will be for the next 10 days. I think the fire sale is yet to come.

Good luck to you.

[sllab101] 29/7/2007 16:04

ex div 15/8/07

[optomistic] 29/7/2007 14:52

Ialwayswinatmonopoly,
The RSI is at 35, the last time it was at that level the share price climbed from 310 to 325.
Individual indicators cannot be relied upon for future movement, only a guide to suggest further reseach IMO.
As to losing 50p in the next 20 trading days, yes that is possible, that will depend on market forces, it is also possible that the share price could gain 50p, unlikely I agree but this is a volatile market.
I'm now in the stock once more and do take comfort that NWG provide a steady stream of growing dividends as well as being a strong potential t/o target.
I have traded this stock several times in the past but this time I am looking to hold for the speculation of a bid.
regards
opto

[ialwayswinatmonopoly] 29/7/2007 14:34

MACD shows convergence on the zero line. ARRRRRRRHHHHHHHHH!!!

We could easily lose another 50p within next 20 trading days.

I would srongly recommend anyone to sell at 295-300p

[optomistic] 27/7/2007 13:49

Well we are struggling to hold above the red line, come on NWG fight on....don't forget there's 7.5p divi in the price, could tempt some buyers in the next two wks.

[optomistic] 26/7/2007 15:57

Tempted in in at 305p......... Lots of free stock arriving daily!

edit: as usual paid too much!

[johnsoho] 24/7/2007 17:36

The ftse threw its toys out of the pram!!!!...however it looks as if the US markets may close near too or at breakeven, so, see what tomorrow brings!!!...good luck all

[alan@bj] 24/7/2007 16:41

Been out for 6 hours and come back to a 9p fall. What happened????

[bountyhunter] 24/7/2007 00:01

+ 7.52p/shr xd due soon on 15/8