Natwest Share Discussion Threads

[alan@bj] 24/1/2008 16:34

Disappointing day. Up £1500 on RBS, down £1000 on NWG. Such is life. I'm still holding, I'm sure the bid rumours will resurface again in in the not-too-distant future. This must be a decent 2008 takeover candidate.

[manrobert] 21/1/2008 15:26

well i hold and have been impressed by performance today.i think there will be a bid at some stage and even if they fall back if nothing happens this time its difficult to find a safer share to hold in present air of gloom so i am inclined to stay with it.

[fhmktg] 21/1/2008 15:04

With flight to safety affecting NWG, together with M&A rumours, has this further to go, or is the share price toppy?
Views welcomed.

[iwillbe] 20/1/2008 23:16

look non the bright side you could have moved your money into RBS. :0(

[aspers] 18/1/2008 11:28

I have held this for over a year as it is a good solid share with the possible talk of take-over all last year. 3 days ago I decided to move my money into Wimpey as there seemed a better chance there of a movement upwards..........sodds bluddy law!!!!! Mind you this takeover talk has gone on for a year so maybe another year before anything comes to light, by that time I hope to be back aboard.....good luck to you all!!!

[sllab101] 18/1/2008 10:00

Northumbrian Water gained 16 to 355¾p amid vague takeover speculation. Dealers pointed to a note from UBS earlier this week which said that Northumbrian was "a high probability take-out candidate within the UK water space" following bids for Kelda and Southern Water towards the end of 2007. The Ontario Teacher Pension Plan owns 26pc of the company and although it could block any deal, UBS thinks it more likely that it would work with any potential bidding consortium.

[sllab101] 18/1/2008 09:26

Morning Mark,Lets hope we have a bid??????

[markie7] 18/1/2008 09:21

here we go again

[fhmktg] 17/1/2008 18:43

We're all being very quiet & dignified, aren't we?
This has been a stunning start to the year!

[sllab101] 17/1/2008 12:21

Talk of a bid for Northumbrian Water sent it up 10 per cent at one stage to a new high of 373½p. The Ontario Teachers' Pension Plan holds 26 per cent, effectively acting as a block to any other predators, although it might bid itself. The shares later subsided to settle around 6 per cent up at 361¼p.

[markie7] 17/1/2008 11:56

some people got burned there.

[sllab101] 17/1/2008 11:47

To good to be true.

[markie7] 17/1/2008 11:27

yes, in at 192 ages ago, then out at 430; back in at 400 a few weeks later; and now this.

quite a lot for me now at this level - may sell.

PNN spiked as well

[sllab101] 17/1/2008 11:24

Hope your right are you holding many Mark.

[markie7] 17/1/2008 11:23

must be a note somewhere. no announcement. presumably bid rumours are strengthening.

[sllab101] 17/1/2008 11:16

Hi Mark,I hope this takes PNN up aswell,I have a shed load.

[sllab101] 17/1/2008 11:08

Can't find any news.

[markie7] 17/1/2008 10:52

here we go

[woodwar73] 16/1/2008 08:29

Southern Water was recently sold at a 27% premium (to their regulatory asset value). This was seen as high in the industry but investors can expect a 8%-10% return on their investment each year.

NWG last year only returned 3.3% in dividend to investors.... unless a buyer wants it badly, 30% premium sounds too high.

[alan@bj] 13/1/2008 18:34

Excellent, just so long as it doesn't happen before the end of this tax year. I'd prefer an 18% tax charge on my profits rather than 40%.

[fhmktg] 13/1/2008 13:55

Any indication of a possible take out price - 30% premium?

[sllab101] 13/1/2008 12:43

yew thanks.

Northumbrian Water is worth buying for fundamental, speculative and defensive reasons. Brokers believe it will be taken over within a year or so and predict a buyer would pay well over the current share price of 339.5p. Buy says the Mail on Sunday.