Natwest Share Discussion Threads

[manrobert] 19/2/2008 08:52

agree.if there were a bid he would be restricted from selling so if he required funds he had to bite the bullet.

[sllab101] 18/2/2008 20:14

There was a huge director sale the day before SBRY bid so it don't mean that much.

[aspers] 18/2/2008 20:08

manro....dont think the director sells last week indicate a t/o on the cards soon!!!

[manrobert] 18/2/2008 16:32

i dont think its worth being out of this stock as its likely a bid over 400p will materialise in due course.imo.

[5dally] 18/2/2008 15:58

This is doing well today,,,,,sell or not to sell,,,,will it drop back when USA opens tomorrow???

[sllab101] 13/2/2008 19:44

Shares rise amid takeover talk
Feb 13 2008 by Peter McCusker, The Journal

NORTHUMBRIAN Water saw its share price surge ahead for the second day running following further speculation that it is the next utility company to be the subject of a takeover bid.

Analysts UBS highlighted it as a likely target and since then the company's shares have risen 5% from 342p to 360p, although Northumbrian is seen as a difficult takeover target as 26% of its shares are owned by the Ontario Teachers Pension Plan Board.

A spokeswoman for the Canadian board told The Journal that it continued to take a long-term view of its investment in Northumbrian.

She said: "We never comment on any speculation in relation to the companies we hold a stake in. However we are long-term investors in infrastructure companies, but we are not prepared to comment further."

UBS analyst Daniel Stillit said Northumbrian was a highly likely takeover candidate, highlighting the three water companies bought out in the past six months.

He said Northumbrian was most likely to go next and saw a potential takeover valuation at 426p.

No one was available for comment at Northumbrian Water yesterday although managing director John Cuthbert had said earlier: "When the Ontario Teachers Pension Plan Board first became investors, they said they were in it for the long term, and nothing we've seen would cause us to think they've changed that view."

Pension and infrastructure funds, assembled by investment banks with billions to spend, are backing the utility spending spree, with the utility companies coveted for their stable cashflows and rich asset bases.

Vinay Bede of stockbrokers Brewin Dolphin said: "Northumbrian may be attractive to infrastructure funds with substantial capital. The company's interim results pleased the city last week.

"There were no major problems. In an era of rising fuel prices it seems to be absorbing cost pressures, and utility companies continue to be a much sought-after investment."

Late last year the company announced a surge in profits of 16.6% for the first six months of the year.

The Durham-based company saw sales of £333.8m in the six months to the end of September compared to £315.9m last year – a rise of 5%. Its profits rose by £12.5m to £88m in the same period.

[manrobert] 12/2/2008 12:09

reckon they are a safe bet to reach 400 in 2008 so will stay with them till takeover arrives.

[sllab101] 12/2/2008 10:16

W W Morning,I see G S has put pnn as sell from a hold.Got a load more at 639

[whatwoman] 12/2/2008 10:06

Oh no, not again.

Telegraph market report UBS analyst Daniel Stillit saying that 3 water co's have been taken during the credit crisis. Next he believes is NWG and a takeout price of 426p is suggested as NWG is so attractive.

Often a nail in the coffin for my hopes when these analysts step in. Probably nothing will happen for years now.

[sllab101] 11/2/2008 17:22

Hi ww,I think you are bang on with takeover so I tend to sell and find myself back in not much later.

atb

nic

[whatwoman] 11/2/2008 17:15

Hello sllab101,

Indeed, I have £100pp. Must be mad. Hope we will have good luck on this one. You know, one day we will sell and bag our small profits, only to find an agreed merger/takeover has taken place at £5 or higher before we can repurchase.
Cheers and all the best.

[sllab101] 11/2/2008 16:43

Ww,is that 100pp thats what I am on myself.Best of luck.
If you like trading nwg try pnn moves more always a few points every day to be had.

[whatwoman] 11/2/2008 16:37

Hello optomistic,

Added another £50 during the day. Bad sign when I do that. You can be sure there will be a big drop soon.

All the best to holders.

[optomistic] 11/2/2008 16:09

£50.......again?

[whatwoman] 11/2/2008 12:20

Got rid of my original lot in two stages, and repurchased two lots which have now been sold.
This morning I purchased £50 again.
Hope it will go right again.

All the best .

[5dally] 06/2/2008 07:56

Northumbrian Water Q3 trading in line with expectations




LONDON (Thomson Financial) - Northumbrian Water is trading in line with
expectations after an uneventful third quarter, the UK water provider said in a
trading update.
The company said it expects to "outperform" the Ofwat efficiency targets for
2007/08. However, it said higher energy prices for 2008/09 "will largely remove
the benefit of lower energy costs experienced in the current year".
It also said that a planning authority decision on the expansion of its
Abberton reservoir, submitted in December, will be made this summer.
Northumbrian will publish its full year results to end-March on June 4.
[e-mail]
ejm/cw

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Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.

[sllab101] 01/2/2008 20:56

Welcome W w, nice to have another trader here,I have been trading this for a few years in the hope one day the take out will come but it a nice stock to trade in the range.

[whatwoman] 01/2/2008 17:39

Bought £50 NWG and £10 each on SVT and UU. Trust that merger or takeover news will push these up and clear a £1000 on each. If not I will just hang on to them for dear life.
Good wishes to all.

[fhmktg] 29/1/2008 16:43

Should ensure some further move up in share price
A couple of pence to come once the divi is paid on Friday.
Close to £4 in the near future?

[praipus] 24/1/2008 20:00

HVE looks overvalued so I would suggest waiting until the result come out. Especially with its current share price perfromance. NWG for contrast is intrinsically inflation linked, cash generating and asset rich - probably worth buying a few more NWG or shorting HVE IMHO.

[aspers] 24/1/2008 19:46

This is a safe share that goes no where....I bailed out for the 3rd time this week as there are so many bargains out there that are making me money.........suggest you all look at HVE as it is about to take off!!!!

[sllab101] 24/1/2008 16:45

I think it's about the Biffa bid pulling out.And the u index in the US is the worst off today.