Natwest Share Discussion Threads

[manrobert] 26/3/2009 15:33

well its now close to the level director Cuthbert bt 50000 and wife of director Greens wife bt 30000 so they are presumeably more confident of their results in june.

[gateside] 26/3/2009 14:44

Being dragged down with the sector, after UU. had a trading statement this morning.

[johnsoho] 26/3/2009 14:38

Anyone know why this share appears to have fallen off the end of a cliff today?

[ceckyspunt] 05/3/2009 10:34

lol...

good point!

what was BARC 12 months ago?

or DGO?

its true that the current NWG down trend is still continuing, but where will it end? the chart appears to suggest 240p, but we fell below that so next test could be 180p ish... im starting to buy in now tho...

[killieboy] 05/3/2009 10:28

ceckyspunt - From 350 to 214 in 12 months - safe as ................!!

[ceckyspunt] 04/3/2009 15:44

at this price nwg is a bargain IMO

defensive and perhaps boring but a lot safer than banks or oil companies.

the only issues are falling revenues from commercial business, and talk of reduced divis as they borrow less, but overll these have to be one of the safest investments in the world at the moment surely?

[zeppo] 02/3/2009 10:19

Gateside

Thank you for post 998.

If directors & families are buying, ahead of the close season, it can't be too bad.

Wish I had some spare cash.

z

[gateside] 01/3/2009 23:08

Northumbrian Water bosses pump in cash



Fri 27 Feb 2009
LONDON (SHARECAST) - Northumbrian Water's managing director John Cuthbert topped up his stake in the utility group today, spending more than £100,000 on shares.

He bought 50,000 at 218.25p a time and now has 237,221.

Meanwhile, the wife of finance director Chris Green bought 30,000 shares meaning that Green and 'connected persons' now have 157,679.

While water companies are generally seen as defensive during downturns, Northumbrian, which provides water for 2.6m people in the the north east of England and 1.7m in the south east, has seen its share price struggle recently.

Earlier this month, it predicted that second half revenues would be down by about £4m from the first half.

[zeppo] 09/2/2009 11:47

In spite of effects of current economic climate today's RNS ends:

'The Board is confident of delivering a sound financial performance for the year ending 31 March 2009 and remains focussed on the core business of the Group.

The preliminary results for the year ending 31 March 2009 will be announced on 3 June 2009.'

z

[volsung] 02/2/2009 11:39

Apparently not ;)

[kvkwn] 28/1/2009 03:29

Good time to add position at 245p

[eisler] 30/12/2008 13:22

In these uncertain times, seems like a very solid investment at this share price ..

[ceckyspunt] 17/12/2008 08:45

Morgan Stanley cuts Northumbrian Water price target to 260P from 375P; rating equal-weight

[alan@bj] 08/12/2008 07:49

Goldman Sachs has downgraded utilities to "underweight" from "neutral", citing high leverage and refinancing needs which could lead them to cut dividends or to equity rights issues.

[praipus] 07/12/2008 20:44

Infrastructure back on the Private Equity buy list

[praipus] 05/12/2008 11:17

Sorry Ashbox you are quite right. I had been reading RNS that L & G has been increasing its holding of SSE and I must have got my wires crossed. It seems L & G have been reducng their NWG holding for some time.

[ashbox] 04/12/2008 19:26

Surely they have reduced?????

7. Threshold(s) that is/are crossed or From 4% - 3% (L&G)
reached:

[eisler] 04/12/2008 19:08

Time to dip toe in methinks! Drop way overdone!

[praipus] 04/12/2008 17:30

L & G buying

[alan@bj] 28/11/2008 09:26

From today's Tempus column in The Times:-

A downturn can have unexpected consequences. Take water utilities, commonly considered the corner of the stock market least roiled by recession. Yesterday's first-half results from Northumbrian Water suggest all is not calm.

For a start, bad debts are rising, up 10 per cent year-on-year to £20 million. Because water companies are not allowed to pull the plug on defaulting domestic customers, water bills are among the first to be set aside when households are squeezed. Secondly, there are tentative signs that the shutdown or reduced working of factories on its patch is starting to affect demand.

At present, the company has seen only a modest impact – equivalent to about £1 million on full-year revenues of £700 million – but that trend is worth noting given that Northumbrian has a high proportion of industrial customers.

However, the company's own utility bills are more significant. Even though wholesale energy costs are now falling, Northumbrian expects to pay £14 million more for power next year as it is obliged to buy forward to protect against volatility. At the interim stage, the company has felt prices 50 per cent higher than last year, which has hit operating costs and taken 12 per cent off profits.

That said, Northumbrian's funding position is somewhat better than that of its rivals. The company has the debt financing to take it through to 2011, well into the beginning of the next capital expenditure programme, which starts in April 2010. Taken together with a well-covered dividend, which yields 4.8 per cent at 263¼p, that is reason enough to hold.

[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.