Natwest Share Discussion Threads

[yewtrees] 13/1/2008 11:42

Recommendation in the Sunday Mail today for Northumbrian Water, in their view the possibility of a bid in the coming year.

[sllab101] 09/1/2008 17:47

Northumbrianwatergrp Director/PDMR Shareholding




RNS Number:4578L
Northumbrian Water Group PLC
09 January 2008


Northumbrian Water Group plc
(the "issuer")


Notification of transaction of PDMR and connected person


The issuer announces that Northumbrian Water Share Scheme Trustees Limited (the
"Trustee") of the NWG Long Term Incentive Plan (the "Plan") has today, 9 January
2008, transferred ordinary 10 pence shares in the issuer to the person
discharging managerial responsibility named below at nil cost pursuant to the
rules of the Plan. The transfer of shares is pursuant to a conditional award of
shares made on 22 December 2004.


Ceri Jones acquired 14,506 shares under the LTIP, representing 0.002% of the
issuer's issued share capital. Of these, 6,020 shares (0.001%) were sold at
£3.4425 per share to meet tax liabilities. A further 8,486 shares were
transferred to Mrs K Jones. Mr Jones' beneficial and family interests in the
issuer now total 26,720 shares, representing 0.005% of the issuer's issued share
capital.


This notification is made in accordance with DTR 3.1.4R(1)(a).


Name of contact and telephone number for queries:


Martin Parker, Company Secretary
Tel: [phone]

[zeppo] 05/1/2008 14:59

Good news in these difficult times!

z

[yewtrees] 05/1/2008 10:53

Recommended as a buy, by Daily Mail today.

[fhmktg] 03/1/2008 15:22

Good!
Bring it on!

[sllab101] 03/1/2008 14:04

Killik & Co has started covering Northumbrian Water with a buy recommendation and a target price of 395p.

[sllab101] 29/12/2007 09:57

yewtrees,I got a few more at 342 before ex div on a sb got the div paid, and still in profit with the trade.Did you see the trading on pnn Friday very hard shake out.I do think there are take outs to come so I am going to hold on to my pnn and nwg shares for now.

all the best and hope you have a great new year.

[yewtrees] 29/12/2007 09:47

Dipped after divi but rising again!

[sllab101] 14/12/2007 20:21

ex div next week.

[fhmktg] 12/12/2007 15:23

Messages 795/6 above

[praipus] 12/12/2007 11:30

UBS, Hemscot?

[fhmktg] 12/12/2007 10:55

Thanks, messages from UBS & Hemscot links noted.

[praipus] 12/12/2007 10:54

Using Tobins Q ratio share's could rise another 100% from here.

Market to book looks high but probably ok for the sector and its unique asset qualities.

Current ratio looks healthy and enterprise value is about £10!!!!

So 30%+ £10 = £13.75 take out share price IMHO

But seems a shame to sell to some greedy Private Equity outfit when your getting good capital appreciation and a pleasant dividend.

Its worth bearing in mind that Ecofin Power and Water Opportunities Investment Trust PLC helped refloat NWG when the previous French owners had to sell. Take a look at the share graph for ECWC.

I hold ECWC and NWG.

[fhmktg] 12/12/2007 10:44

NWG have been a great investment for me, over the last five years and I have held in the belief that there could be a takeover, based on their excellent business performance.

As part of my year end review, I would welcome any comments on the prospects for NWG over the coming 1-2 years, particularly views on where NWG sit in terms of attractiveness to a buyer, compare with other utilities.
What could the takeover premium be - another 30%?

I look forward to any input, thanks in anticipation.

[sllab101] 23/11/2007 20:26

Water companies continued to enjoy selective support following yesterday's £3bn bid by a consortium of banks for Kelda, the old Yorkshire Water, up 1p at 1056p. The terms would be worth 1100p a share in cash and dividends to Kelda shareholders.

UBS says more bids can be expected in the water sector. Its top picks are Northumbrian, down ¾p at 329p, with a 385p target, and Severn Trent, 23p firmer at 1469p, with a target of 1680p. Lehman Brothers reckons Pennon, up 30½p at 662½p, is a better way to play the news as the market undervalues its waste business. It sees scope for 6% improvement in Northumbrian.

[sllab101] 22/11/2007 20:59

mark93,Got me out of the sh@t aswell.

[mark93] 22/11/2007 20:58

£4 sounds good to me. 10 per sent jump today made my day in these trubled times.

[waldiman] 22/11/2007 20:40

What do u reckon the take-out value of NWG would be?

I'm thinking somewhere in the region of £4.00

[sllab101] 22/11/2007 16:38

Bid for KEL.Moved all the water stocks.

[rgriffith_001] 22/11/2007 16:37

It was the bid approach for Kelda, NWG next?

[aspers] 22/11/2007 16:27

What's with the big jump back up today??? I guess people realise what a safe bet this is in a very dodgy market.

[bountyhunter] 08/11/2007 17:25

on the question of interest rates lower interest rates make the yield more attractive and so are beneficial re utility stocks which are often held for their yield in comparison to growth stocks which generally have much lower yields

[alan@bj] 08/11/2007 16:41

Still holding my 15K bought at £1.02 4 years ago. Of course it's disappointing to see 12% wiped off the share price in a few weeks but long term these are just about as safe as they get, and pay out a very juicy divi. Well worth sticking with in my opinion. No advice intended, shares can go down as well as up etc etc.

[praipus] 08/11/2007 14:48

On Private Equity I dont know how much interest rates matter with this type of asset. Water companies have significant cash in flows and physical underlying assets which can be used as security against issuing bonds so dont be surprised if valuation's hold up or even continue to rise...IMHO.