Natwest Share Discussion Threads

[praipus] 17/6/2010 21:35

Good to see DVW move up in sympathy with NWG. ECWO moved down curiously being NWG is one of the top ten.

[praipus] 17/6/2010 21:32

Scribbler revealed long ago that he had holdings in the following may be worth checking the threads.

BA., BP., CSLT, DRX, PTY, RDSA, RDSB, TIG and UU.

I kept them in a monitor.

[praipus] 17/6/2010 21:22

No cant say I have. Not quite so many posting these days perhaps a sign of the times. He used to post on one of the Eurotunnel threads too.

[zeppo] 17/6/2010 17:38

Press suggests an offer within about two weeks.

Could be another damp squib.

I topped up on the last rumour so hope the price stays up to justify that.

Que Sera Sera!

Praipus have you seen any postings by Scribbler101 lately?

He used to be on the DVW thread quite often. I think that I possibly annoyed him with attempted humour. I hope he's all right. Possibly on the posh Premium BB?

z

[praipus] 17/6/2010 14:34

All AT trades someone manipulating the journalists. IMHO.

[praipus] 17/6/2010 13:33

Why isnt there any RNS relating to this?

[zeppo] 16/6/2010 19:50

Small shareholders are pretty powerless.

Que sera sera.

Does the board of a stable company with steady income etc have to capitulate easily?

z

[stulock] 16/6/2010 14:33

seems to work out at around 328p per share. I hope they hold out for a bit more than that. 3.90 to 4.00 would do it for me.

[zeppo] 16/6/2010 14:32

If there is and offer I hope it is above the £3.25 suggested previously.

z

[sajjad017] 16/6/2010 12:37

Talk from the City: Northumbrian 'receives £1.7bn takeover approach'
Northumbrian Water traded at a 52-week high on Wednesday amid talk Ontario Teachers' Pension Plan had finally made a £1.7bn takeover approach for the water company.


By Ben Harrington, Markets Reporter
Published: 11:22AM BST 16 Jun 2010

Comment on this

Northumbrian Water Group

Traders said Ontario Teachers is working with another infrastructure fund on the transaction. Boutique advisory firm Lexicon is though to be advising the consortium on the takeover while Deutsche Bank is said to be working with Northumbrian Water.

A recommended offer from Ontario Teachers, a Canadian pension fund that is Northumbrian Water's largest shareholder, could be announced in the next two weeks. Rumours about a bid from Ontario Teachers first emerged in late January.

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The gossip was that the fund had begun sounding out banks to put together a debt package for the deal. However, a couple of weeks later Ontario Teachers denied it planned to bid, saying "it does not intend to make an offer to acquire the entire issued share capital of Northumbrian Water".

Still, Northumbrian Water was up 1.2pc at 301p this morning as renewed bid rumours circulate the market.

[sajjad017] 16/6/2010 12:36

possible 1.7 billion takeover reported in the telegraph today

[praipus] 29/4/2010 14:35

Oversold on low volumes + bank holiday weekend....hmmm

[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.