Pennon Share Discussion Threads

[sllab101] 01/6/2023 13:08

Pennon has increased its dividend 11 per cent in line with the inflation-plus-2 per cent policy.

[chc15] 24/5/2023 07:28

Yes im thinking of topping up here too, what's the current yield now

[pierre oreilly] 23/5/2023 22:32

Well positive points or not I bought back those I sold many months ago. Just before close at 802p. Not sure it's a great move but got to get the cash in ISA down. Zero interest for cash in my ISA.

[pierre oreilly] 11/5/2023 08:20

Anyone got any positive points for pnn?I really can't see any, even though I wouldn't mind buying back in here.Everything i read makes me think pnn is some sort of social service, really generous to customers, themselves, partners - everyone except shareholders. I'm holding off buying back yet

[sllab101] 03/3/2023 16:50

liam1om, have you a link for that?

[liam1om] 03/3/2023 16:45

Bid rumour by Ben Harrington.

[randomwalker] 03/3/2023 16:34

What happened at the close?
I did manage to sell 1/2 that I bought yesterday for a remarkable profit. Not enough time to even log on to my other account.
I had bought for.......errrr.....yield ;-)

[sllab101] 03/3/2023 16:33

Looks like all of the water stocks are up so is it a drop in the bond rate?

[nerja] 03/3/2023 16:29

Not sure about the depressing only bought in this morning for safe boring income utility then wow!

[chc15] 01/3/2023 16:22

Depressing this stock atm..

[optomistic] 28/2/2023 10:18

Susan Jane Davy has been taking up these small amounts of stock for years, as said it must be at cost to the company but she in the meantime must have built up a fair holding in these shares.
I wonder if she has made many purchase on the open market and what is her total holding?
These small purchases are little more than piggy bank savings to a director on her salary.

[pierre oreilly] 23/2/2023 09:36

FD buys, or is given, 17 shares, a 120 quid transaction.

generates an rns, probably lots of form filling, probably management time etc etc.

If the fd puts his very small interest above the relatively large cost to the company, then what's the chances others do too.

It's not the finances of concern, just the way of thinking of those at the top. I want to buy back shares I sold a couple of years ago, but every time I look into this, I find the directors more aligned with their own and customer interests (they seem quite generous to customers) than shareholders. Big mistake selling Viridor imv, they sold much of the profits.

[chc15] 15/2/2023 12:30

I've topped up here, drop makes no sense.

[chc15] 10/2/2023 11:31

Getting battered, what's going on here?

[sllab101] 09/2/2023 11:51

Finance giant JPMorgan is betting against these 14 UK stocks.

[pierre oreilly] 30/11/2022 09:24

Results read fantastic.Until you get to the profit numbers, which seem to be ignored in all the glowing director speak.

[chc15] 10/11/2022 16:06

Good recovery here, was madness around 750.

[daisylove] 21/10/2022 13:42

Madness. Relentless downtrend, likely to be hit with windfall tax.

[chc15] 11/10/2022 09:08

Adding again here...

[chc15] 30/9/2022 08:16

Statement looks fine to me, hopefully this stabilises.

[nerja] 30/9/2022 06:34

- Our agile and efficient financing strategy positions us well in this current high inflationary environment, and whilst our relatively low level of index linked debt minimises the impact of inflation compared to the UK water sector average, financing costs will be elevated for 2022/23. Of the Group's c.GBP3.2 billion gross debt [3] , around 29% is index-linked, with the vast majority of this being RPI linked. This broadly equates to an additional GBP8 million in financing costs per 1% increase in inflation.

[chc15] 29/9/2022 14:53

I'm adding here, crazy drop

[chc15] 15/9/2022 14:36

This is getting hammered, good value here

[pierre oreilly] 12/3/2022 12:37

Getting back into my bayback range. Just had a look at the new numbers and they appear to be roughly as i expected a year ago. Divi 2 or 3%. wtf? A water company should be on 7%.

Price dropped and dropping even though a massive buyback. Again wtf?

smells very odd.

Not for me yet.