Natwest Share Discussion Threads

[beardmore] 08/4/2010 12:13

......healthy dividends are beginning to attract fund managers.

[zeppo] 08/4/2010 11:44

Again AT trades moving this up against the market.

Good to see the price at these levels especially as I have added at a higher price in the past.

z

[praipus] 31/3/2010 12:18

Amazing a lot of the trades are AT's this market is just computers talking to each other humans no longer required.

[markie7] 30/3/2010 14:52

back to pre "bid" levels that were hit a few weeks back.

[muffinhead] 30/3/2010 11:46

down boy...strong movement for a dozy company

[beardmore] 25/2/2010 19:22

Yes, encouraging.

[zeppo] 25/2/2010 18:45

RNS 23rd Feb

The chairman has bought 35,000 ordinary 10p shares at £2.7433 per share.

His holding now totals 65,000 shares, representing 0.013% of the share capital.

Encouraging or what?


z

[gateside] 20/2/2010 17:14

move with inflation

[muffinhead] 20/2/2010 11:36

Are water prices fixed for next 5 years by ofwat or can prices move with inflation?
thx

[markie7] 20/2/2010 08:42

clarity to the market - they made off the cuff remarks (see above) - and the rules say that you need to use official channels. Not amazing at all. If anything was amazing it was the first comment

[praipus] 19/2/2010 21:54

Amazing why put a statement out like this?

[broshm] 18/2/2010 18:19

opportunity to buy ?

[56richard] 18/2/2010 16:00

(Adds analyst comment in fifth and sixth paragraph.)

February 18, 2010, 10:34 AM EST
Nortumbrian Water Falls as Ontario Plan Rulls Out Bid
By Doug Alexander and Kari Lundgren

Feb. 18 (Bloomberg) -- Northumbrian Water Group Plc dropped the most in a year in London trading after Ontario Teachers' Pension Plan ruled out a bid for the U.K. water utility.

Northumbrian fell as much as 18.9 pence, or 6.6 percent, to 267.1 pence, the biggest drop since Jan. 7, 2009. The shares traded at 273.2 pence at 3:31 p.m. local time. The stock had risen 22 percent since the Sunday Times reported on Jan. 31 the pension fund was compiling an offer.

"There were tons of rumors that we were looking at doing something there; I can say that we aren't," the pension plan's Chief Executive Officer Jim Leech said, speaking in an interview in Toronto today "We're pretty comfortable with the position where it is."

The Times reported that Ontario Teachers', which owns 27 percent of the Durham, England-based company, was compiling a 1.7 billion-pound ($2.6 billion) takeover bid. It considered teaming up with other funds for a deal, the newspaper said.

"There aren't that many other catalysts in the near term, so this is likely to suppress the trading range a bit," London- based Credit Suisse analyst Robert Chantry said in a telephone interview. He has an "underperform" rating on the stock. The pull-back will not be "dramatic," he said.

Dividend visibility and low-risk revenue streams will continue to attract pension and infrastructure funds, Chantry said. In November, Ernst & Young LLP said the U.K. water regulator's five-year pricing and spending review may speed up mergers and acquisitions as utilities chase efficiency targets.

"We look at the share price daily," Leech said. "It's housed in our infrastructure asset class, and they'll look at it and decide on a day-to-day basis whether or not acquiring a few more shares makes sense or not.

[zeppo] 18/2/2010 15:46

As long as the divis don't get diluted or washed away.

z

[beardmore] 18/2/2010 14:53

Very likely a leak - after all, NWG is a water utility

[enami] 18/2/2010 14:43

Bad news / no takeover news leaking and insiders selling out?

[ashtongray] 18/2/2010 14:36

Anyone know what happened @1400 hrs???

[clintonville] 10/2/2010 20:12

It's certainly a safe one considering the economic uncertainty and the way other stocks are being battered.

[zeppo] 07/2/2010 18:09

The takeover rumour of last week seems to be a dead duck.

With the bashing the market took later in the week NWG stayed up pretty well after its brief surge last Monday.

Perhaps people have realised that this is a good long term income stock.

z

[clintonville] 03/2/2010 08:40

hope that I do a bid for that price is untrue as many of us have bought at a price above that level.

[zeppo] 02/2/2010 17:27

Robcoo

Agreed!

I do not regret having a few more for the yeild.

z

[robcoo] 02/2/2010 16:48

Surely the significance of bringing forward the interim statement and issuing it during the day rather than 7am is that the company is indicatimg that it has nothing material to report on a possible offer. Thus it is obliquely replying to the rumours

[chris79] 01/2/2010 21:49

aspers - i won't be 'the loser' as i own loads of ECWO which have these as one of the biggest investments, i hope there has been a bid, but to say there has been a bid because the company declined to comment is blatantly untrue.

beardmore - apologies if my comment does not seem civil, tone is difficult on the internet; but unless you also believe whenever a company won't comment on something that they have received a bid then i have contributed more to the thread than aspers by correcting his clearly wrong statement!

[zeppo] 01/2/2010 20:43

Interim Management Statement was issued today at 14.34 - one week earlier than on their online Financial Calender.

Haven't a clue whether or not this is significant. Haven't read every detail.

Tomorrows price will tell me if there is anything significant going on.

Added a few am. Allowing for costs and stamp duty I believe my yeild will be something like 4.4% which will grow a little each year until 2015.


z

[beardmore] 01/2/2010 19:13

CHRIS79 - try to keep it civil. At least Aspers contributed something to this thread.