Sse Share Discussion Threads

[zcaprd7] 30/4/2015 03:00

You'd be better just betting on a tory majority with betfair? Tax free as well...

[wllmherk] 29/4/2015 22:03

more like it today. I actually fancy a Tory majority and Im going to buy into these before the election if they hit £15.

[zcaprd7] 29/4/2015 17:24

Except they would have defaulted by now with the oil price and we'd be bailing then out, or they'd be threatening to cut a deal with the Russians with our submarine base!

[gbb483] 26/4/2015 07:07

Yes, its a shame the Scots didn't vote for independence. They should've let the English vote, we would've let them find their own way.

[wllmherk] 25/4/2015 07:48

I dont understand why the share price has held up so well with polls showing a LAB/SNP alliance which will be an economic disaster and not good news for companies such as SSE. I ve been watching closely and had hoped to plunder a few of these at around £15 but share price going in opposite direction. Does the city know something we dont ?

I have my suspicions the polls are wrong and the Tories might just see a majority, but, we will be reliant on our English friends doing us all a favour. Unfortunately, my fellow Scots seem entranced by Ms Sturgeon and her economic policies built on fantasy.

wllm

[bountyhunter] 20/4/2015 17:46

I would hope that SSE are locking in oil/gas supply contracts on the futures market at fixed prices to Jan 2017 (which will only be 20 months post election) to at least mitigate the Millipede risk.

[wad collector] 20/4/2015 13:02

Thanks.

I was looking at the Labour party manifesto , including ...



We will freeze your energy bills up to January 2017, saving a typical household £120 and an average business £1,800. An incoming Labour government will legislate immediately to make this happen.

We will fix the broken energy market, increasing competition and transparency so that it works for consumers. This will include introducing a simple new tariff structure so that people can compare prices in place of the complex and confusing system that exists today.





So this will clearly encourage more investment in our ageing electricity supply structure and tenuous supply...but that is long term planning not short term vote winning.
To some extent buying here is a short term punt on Labour not getting in .

[philo124] 17/4/2015 15:33

wad- have pm'd you re something else.

[philo124] 16/4/2015 21:29

Funded by underwater Trident theme park- swim with radio active fish, detect a Russian sub...test fire a nuclear weapon.. etc.

[bountyhunter] 16/4/2015 17:48

....Millipede's borrowing? ;-)

[wad collector] 16/4/2015 12:42

Better would be the SNP announcing re-nationalisation plans. Funded by ......err ..

[gbb483] 16/4/2015 07:34

What we need is a bit more scare-mongering by Millipede to generate a buying opportunity.

[skinny] 16/4/2015 07:18

A few shares perceived as being 'poilitically sensitive' seemed to struggle yesterday - lets hope Miliband gives a performance tonight worthy of an outgoing opposition leader.

[pierre oreilly] 16/4/2015 00:15

I bought in today. Really I like telecoms, but got enough of them, so considered more Lloyds or a first punt with sse. Better a divi in the hand than in the bush. Don't see rates rising for at least a couple more years, so the divi should hopefuly keep this in demand. I hope anyway.

[philo124] 15/4/2015 22:32

I wander who?

[wad collector] 15/4/2015 20:45

It was a strange day's chart - I had to check that it hadn't gone xd . Someone enjoyed those early trades.

[skinny] 15/4/2015 08:09

Fat finger? the price gapped down to 1507 at open - lets hope it doesn't revisit it anytime soon!

[corlis] 12/4/2015 18:28

Had a good ole study & i will be buying this tomorrow...

[gbb483] 08/4/2015 09:50

Looks like the RDSB / BG. deal is rubbing off on SSE

[skinny] 26/3/2015 07:41

SSE plc will enter its close period on 31 March 2015, prior to the publication on Wednesday 20 May of its financial report for the year to 31 March 2015.

Developments since publication of IMS
Since the publication of its trading statement on 26 January 2015, SSE has:
· successfully launched an issue of hybrid capital securities comprising £750m and €600m with an all-in funding cost to SSE of 4.02% per annum;
· confirmed a reduction in interim dividend cash funding of £81.6m as a result of the Scrip alternative;
· responded to the decision by other parties to seek permission from the CMA to appeal the decision of GEMA with regard to the electricity distribution price control for 2015-23;
· confirmed that Deputy Chairman Richard Gillingwater will take up his previously-announced appointment as Chairman on the completion of the Company's AGM in July, subject to being re-elected to the Board;
· been awarded a National Grid contract to provide voltage support from Peterhead Power Station for 18 months from 1 April 2016 with a baseline value of £15m; and
· announced the sale of Langhope Rig, a 16MW wind farm nearing construction completion in the Scottish Borders, as part of its disposal programme of onshore windfarm assets.

Financial outlook
As set out in its trading statement, SSE expects that it will deliver for 2014/15:
· an increase in the full-year dividend that is at least equal to RPI inflation1, expected to be around 2% ; and
· adjusted earnings per share1 that will be around the level achieved in 2013/14.
1 As defined in SSE's interim results statement in November 2014.

more....

[lord gnome] 20/3/2015 19:01

LOL wad collector. Certainly a coalition of one flavour or another is a probability. How about Lib/Lab with SNP support on an issue by issue basis as a possibility - cue market chaos! I don't think we'll see any deal with UKIP, however. I reckon they are a busted flush and even Farage will do well to get himself elected. Hopefully we'll also see the back end of the green monster from Brighton. Too close to call, although my boys in blue are doing better than I might have hoped given what we've had to come through these last five years.

[wad collector] 20/3/2015 18:04

Nice end to the week here ; but as we drift towards a coalition government (in one form or another )I see more instability ahead , the challenge is to profit from it .
If the polls tend towards a labour /snp pact , the share price is likely to go down . If it heads towards Tory/Lib Dem then probably will go up . Tory/ UKIP would probably cause market chaos in the short term. Lib/Lab pact then all bets are off?

[wad collector] 18/3/2015 11:05

Do I see an election coming ? Though to be fair , OFGEM could have delayed the announcement to the week before the general election rather than budget day.

18 March 2015

SSE TO PAY GBP100,000 TO ENERGY ACTION SCOTLAND OVER CONSTRAINT PAYMENTS

-- Ofgem's action sends strong message that generators must not overcharge for helping balance electricity supply with demand

-- SSE's payment is first under Ofgem's transmission constraint rules
-- GBP100,000 payment ensures SSE didn't gain financially

[wad collector] 11/3/2015 09:59

Well spotted ! Hope so.

[philo124] 10/3/2015 19:18

wad- you meant 1488p I trust.