Natwest Share Discussion Threads

[smartypants] 23/7/2020 08:27

Making a splash?
Sinking without a trace!

[gateside] 28/10/2011 23:32

My account with The Share Centre was credited today.

Thanks NWG... you will be missed.

[koolio] 28/10/2011 14:21

I did not receive NWG funds in my Barclays account today.

[leadersoffice] 14/10/2011 09:43

My thoughts exactely

Fairwell Northumbrian. Will miss the divideneds :)

[alan@bj] 14/10/2011 08:39

Goodbye Northumbrian. you've been a great investment.

[alan@bj] 05/10/2011 09:07

Agreed Gateside. Next formalities take place on the 11th, shares cancelled on the 14th, pay day on the 28th. It certainly is a lengthy process.

[gateside] 04/10/2011 19:23

NWG will be suspended from trading on 14th October, and payment in cash is expected to be around 28th October

[dave79] 04/10/2011 17:27

Would be nice to have some update, although there was comment in a sunday paper saying that it is near completion.

[leadersoffice] 04/10/2011 11:51

Does any1 know when we get the dosh???

[alan@bj] 15/8/2011 09:35

Thanks Blueliner. The comments don't tell us anything we don't already know, although they do reflect a genuinely fair opinion. I've considered selling my holding as well, but rightly or wrongly decided to hang on. Time will tell if that's been worthwhile, and maybe it hasn't been anyway because IF I'd cashed in, and IF I'd been brave enough to buy when the market crashed, I'm sure I could have made a better return as it bounced back. The announcement of the Scheme of Arrangement certainly doesn't guarantee that it will go ahead, but I think the institutions that have pledged holdings to CKI would strongly resist any attempt to renegotiate, and in any case I doubt CKI would want to. I think they see NWG as a solid long term investment. Only my opinion of course, which probably means they'll knock 50p a share off the price tomorrow!

[blueliner] 12/8/2011 17:48

Sorry for suspense. It was a poster on TMF, I've provided the link.

[beardmore] 11/8/2011 08:44

Touching concern for others, Blueliner, but as Alan@bj asks, where did you read that comment?

[alan@bj] 11/8/2011 08:41

Where did you read that comment Blueliner? How well-informed did it appear to be?

[blueliner] 10/8/2011 20:14

Just read a comment elsewhere, possible that the CKIH deal already struck before plunge in stock markets could be renegotiated. NWG shares have been completely immune to downturn. Can this happen?
Eitherway what happens: not really concerned as my small holding is certificated & not straightforward to sell off & reinvest in current bargains. In the meantime if aborted the dividends continue to roll in & the NE keeps its independant water utility.
Was thinking of others with larger holdings tempted to sell now.

[alan@bj] 10/8/2011 18:14

Re the takeover timescale, NWG have advised me as follows:-

"I can inform you that the Scheme Document will be posted to shareholders within the next two to three weeks and this document will outline the expected timescale. If the scheme of arrangement is approved at both the Court and General meetings, then expected completion will be some time during October."

[gateside] 10/8/2011 08:04

Gone Ex-div this morning. Hence the 9p drop.

[alan@bj] 09/8/2011 14:59

Interesting question Beardmore, I'd been wondering about that myself. I've just emailed the company to see if they can give any guidance.

[beardmore] 09/8/2011 11:43

Well, I've been a bit greedy and hung on for the Dividend, although your reasoning is solid, Robocoo. Does any one know when the final purchase of the shares will be made?

[robcoo] 09/8/2011 10:25

I sold at 468p. The logic was that if I'd held I would have got 465 plus 10p dividend = 475. By selling I accelerated the price and removed any uncertainty. I also have the proceeds to reinvest at what may turn out to be a buying opportunity- though it's hard to believe this at this moment. Made sense to me

[walterkite] 09/8/2011 10:13

Gates: Or have to cover margin calls I suppose.
Means they loose the divi too though.

WK

[gateside] 09/8/2011 10:03

Because some people are selling now rather than waiting for their cash from the NWG takeover, as they see bargains elsewhere in the Market.

[walterkite] 09/8/2011 09:52

Anyone know why the price has fallen below the bid price?
WK

[jzd] 02/8/2011 11:19

Thanks guys. I have some NG & ECWO but must look into HICL and PNN.

[tuning peg] 02/8/2011 10:43

Jzd. As per some of my previous posts, might be worth checking out ECWO. This is an investment trust specialising in holding utilities/ infrastructure assets. They actually have a global remit and are exposed to utilities in emerging markets as well as developed economies.

The CKI takeover indicates to me that utilities are now of global interest. ECWO have a large holding in NWG. They also have benefited from the bid for Hansen Transmissions, which is also one of their key holdings.

I'm also into National Grid and HICL infrastructure fund which I suggest you could also check out.

[payney36] 02/8/2011 10:08

I have read a couple of articles than Pennon (PNN) COULD BE NEXT!