Natwest Share Discussion Threads

[mercury123] 27/11/2008 09:31

These results aren't that bad - at 2.59 surely a buy

[praipus] 10/11/2008 15:40

Take a look at the enterprise value and divide it by the number of shares in issue.

[jenny5] 10/11/2008 15:40

hi.. can someone post the L2 order book? Many thanks... trying to sell @ around 337

[yewtrees] 10/11/2008 15:34

That is why I was interested if anyone had any info that would explain the upward trend.

[praipus] 10/11/2008 14:40

hmm you could well be right but one institution I have some knowledge of puts reasonable size buy orders out at the mid price. So when/if they are filled they often show up a sells.

Also just a bit cautious of graphs and volume data as an indicator or a companies value as they can only show the past and, by their very nature, not the future.

[yewtrees] 10/11/2008 13:49

In the last week 4 of 5 days, ratio of buy/sell volume in favour of selling.

[praipus] 10/11/2008 11:48

How do you know there have been more sellers?

[yewtrees] 10/11/2008 11:17

This share has been going up steadily over the past couple of weeks, even though there have been more sellers. Can anyone explain the upward trend.

[enami] 31/10/2008 19:16

Very quiet here, NWG floating towards the top of the FTSE250, slim chance of entering the FTSE100 in the next review (10 December)

FTSE250 top 10

PNN 1,904 Billion
SRP 1,797
HOME 1,726
TATE 1,689
NWG 1,617
RCP 1,579
RRS 1,513
FRCL 1,505
AML 1,484
DLAR 1,344
EZJ 1,302

[alan@bj] 09/10/2008 14:37

Dunno Zeppo, regulatory review maybe? Finally got around to looking at the Sunday Times Money section, and they have NWG and Pennon as two of their "Cheap shares to pick up now", which is ironic given the collapse this week. Also, on October 1st the Times said, "Bet of the day - In volatile markets and with a potential recession looming, defensive stocks, such as utility companies, often provide a safe haven. Northumbrian Water fell 2½p to 286p, but its shares have outperformed the wider market in general through the present turbulence. IG Index offers a March spread bet of 289.3p to 292p." I'm holding as I still think they'll get back up - unless people stop buying (or paying for) water of course.

[zeppo] 09/10/2008 10:04

Why are water companies under the cosh?

z

[alan@bj] 12/9/2008 09:45

Mine are held in a nominee account so I don't get any share certificates. Did get the dividend this morning though - a very welcome £1,210.

[james93] 11/9/2008 13:09

alan@bj.... 93 is my mental age. I would love for it to have been my birth year.
Got my NWG share certificate this morning. Must say I'm a bit disappointed, it being one of those tatty light blue Capita ones. I've got a drawer full of those in companies I've long since lost hope in. Would have thought a major utility like NWG could at least have put it's logo on.

[alan@bj] 22/8/2008 10:26

Your timing looking good James93 (is 93 your age or your birth year by the way?. Come on £3.20.....

[praipus] 21/8/2008 17:11

CNBC interview re: S&P 500 Global Water Index

[zeppo] 16/8/2008 12:12

Well done James!

Got back yesterday after five days away.

Still looking forward to the extra divi.

z

[alan@bj] 15/8/2008 16:18

Good to see that James. Disappointing they've dropped below £3 after going ex-divi (8.07p) but hopefully not for long.

[james93] 15/8/2008 10:42

alan@bj .... You'll be pleased to know I bought some NWG shares today. Will add more if they fall to 280p or so. With the PE now around 10 I consider them good value in these uncertain times. Any bid potential is now almost free.

[alan@bj] 11/8/2008 09:20

REVIEW PROCESS:-

Today each water company in England and Wales submits its draft business plan to Ofwat, setting out in detail its proposals for investment to maintain long-term, high quality water services to consumers that represent value for money.

The plans set out each company's initial view of what it needs to do to maintain its assets, improve services to customers and deal with its impact on the environment. Each company also sets out how much this might cost customers in their water bills.

Ofwat last year asked companies to produce 25-year plans for maintaining and developing services. Each company has been challenged to set its five year business plan in the longer term context, demonstrating how it will deal with issues such as climate change, sustainability and meeting consumer expectations.

Ofwat's Chief Executive Regina Finn said:

"This is the start of the process of making decisions on how each company proposes to provide value for money, long-term, high quality water services to its customers.

"We will now examine draft business plans in detail, checking the proposed level of service and investment. We will make sure each plan includes everything we expect, takes account of concerns expressed by customers, and does so as efficiently as possible.

"Final decisions will not be made until autumn 2009. Between now and then we will be working intensively to provide the best possible basis for those decisions, including seeking customers views and carrying out detailed and thorough analysis of these plans."

Each company will place a summary of its draft business plan on its web site. We will put links to these from Ofwat's web site - www.ofwat.gov.uk – as the plans become available. We will publish a summary of the plans and the issues raised at the end of September.

Ofwat will meet each company in October and November this year to provide them with detailed feedback - which they can use to produce final business plans in the spring of next year.

[alan@bj] 07/8/2008 12:25

Good move, I think they'll probably move sideways until the outcome of the OfWat review is clarified, altoguh a bit of bid speculation will drive them up 50p in no time.

[zeppo] 07/8/2008 11:08

alan@bj

Thank you for the info.

DVW have already paid their divi. UU. are just abou to.

When I added to our NWG, I was looking to hold long term, the quick extra divi is a bonus.

z

[alan@bj] 07/8/2008 09:44

For info - payment date is 12th Septmember, Zeppo

[zeppo] 06/8/2008 15:20

I added 1k on Monday at £3.09 plus costs. I did not realise that I will also pick up a bit more divi next month.

z

[alan@bj] 06/8/2008 14:59

That's interesting James, maybe I should dip my toe in again. Incidentally, I see NWG goes ex-divi a week today.

[james93] 31/7/2008 17:00

alanj ...... I work from home too. I typically run lots of small short positions with no stop loss together with a few longs for balance. My major long positions are all in certificated form. I find this works for me as I can let the spread bets meander around and occasionally harvest the gains when in sufficient profit. Obviously some go wrong but usually come back if given time. I rarely look at the screen more than twice a day.