Sse Share Discussion Threads

[alphorn] 11/10/2017 16:14

All government statements are a bit vague at the moment!

[minerve] 06/10/2017 14:00

"SSE (Buy, TP 1475p from 1520p) is potentially protected from dividend cuts: SSE is relatively efficient on indirect costs per customer, which may allow it to earn a c. 3.0% margin in the medium term. Dividend cover is likely to move only just below the 1.2x – 1.4x target range, in our view, which does not yet imply aggressive cuts."

I believe it is Investec - Courtesy of FT Market's Live.


By-the-way, they have 'Sell' on Centrica.

[pogue] 06/10/2017 13:28

getting a bit excited there Minerva I suggest you are posting political lies rather than reasoned argument I suggest you stop posting that.
Had a thought I am going to add you to my filter list it saves time bye.

[garycook] 06/10/2017 09:54

Minerve,and Pogue,Give it a rest.To much time on your hands.Getting very boring. IMHO.Just chill its Friday have a few Beers,or better still enjoy a nice bottle of Red.

[pogue] 05/10/2017 23:04

Minerva
I have to admit I have not read your while post I just skipped to the end and you just proved my point by abusing me again. See a shrink you really have a problem with anyone with a contrary view.

[wad collector] 05/10/2017 10:19

I don't think you two are going to agree , can I suggest that you find another to forum to argue ?

[minerve] 04/10/2017 23:33

Pogue

Buying PFI contracts back probably doesn't make economic sense. I never said it did. My comparison with PFI contracts was with respect to looking forward when new work needs to be done. Where is the economic sense in pumping another £10Bn into HTB? A house price inflation ponzi scheme if ever there was one! Tory idea - no economic sense!

Please reference me where labour policies are proven to be failed economic ideas? Give me an example! Please provide me the evidence where left politics ruined the UK? I would say that politics of the right have been equally damaging. We have an economy built on house price inflation and city finance and that is it! Killing the unions has killed much industry with it. Most economic experts agree our economy is un-balanced. Thatcher's ideal that industries had to go because we couldn't compete on the world stage is hogwash. She wanted to kill the unions because they empowered Labour. Not because they went on strike. Many cruiselines buy new ships from Italy and Germany. They could have been UK built. Thatcher and her ilk made sure that didn't happen.

If you had family who worked in those industries you would understand the pain and sacrifice many had to make so that financiers could make profits on assets sold on the cheap. My guess is you are a semi-skilled worker, who reads tabloids who has made a bit of money in property. You don't have the intelligence of a professional.

If you care to look at socialist states, and read detailed examinations of their success/failure you will find that reasons for their failure are difficult to ascertain due to corrupt power and/or by having close oppressive neighbours. It may not be socialist policy at fault at all. You cannot blossom if you have a bully boy on your doorstep. Venezuela, Cuba are finding this with the United States. Did you know that the life expectancy and educational prospects of a child in Cuba are better than those in New York?

I don't need to respond to you but I have responded for benefit of the thread. Stick to your beliefs. I hope you and your family prosper under the Tories. You will need too or you could be in the deep poo! LOL.

Next time you provide information could I kindly ask that you reference if possible. We want a better environment than The Express or Youtube here. No fake news - thanks very much. ;)

[fabius1] 04/10/2017 22:34

strutt12 - Not sure about that. I would expect to test 13.20 at some point.

[pogue] 04/10/2017 22:12

Minerve
your statement
"Quote me where I say that PFI contracts will be bought back."
Is correct however my question to you was and still is how does that make economic sense, same as can be said for all their policies, or are you denying the Labour party announced this policy at the conference?
Labour's policies are all failed ideas from the last century from a relic of the golden age of unions and hard left politics that ruined the UK the first time round. Labour are even PLANNING for a run on the £ if elected and are already getting the excuses that its not their economic policies’ at fault but the establishment attacking them this is Venezuelan and Zimbabwean style blame everybody but ourselves rhetoric it beggars belief the shadow chancellor is saying this now and thinks it is a sensible reply to an economic collapse when it happens. If we don’t agree with him I assume the police will take to the streets just like in those other countries to help us understand. If you think things are bad now just wait till Labour are in a year, Corbyn's spend, spend, spend and tax the rich and rob companies is not the way to a prosperous UK it failed before and will fail again having excuses lined up is not going to stop it happening.
Please don’t reply you are not convincing me Corbyn has any idea and never will.

[strutt12] 04/10/2017 20:10

The time to buy was today at £13.46

[roby37] 04/10/2017 20:03

We just need a bit more bad news on SSE and it will be buying time!

[veryniceperson] 04/10/2017 17:42

M. We will agree to disagree. Personally just hope the Marx Brothers don't get anywhere near downing street, but we all think differently.

[veryniceperson] 04/10/2017 17:11

M. I would like the government to lower corporation tax 12%. I would like this country to attract as many companies to set up here as possible. Each person they employ would pay income tax, national insurance stamp, the best bit M they also pay a stamp for each of there employees. This nationalisation thing would not mean lower prices, no competition. Go in to local authorities, NHS and other government run establishment, so much waste. So no to nationalisation in any form.

[minerve] 04/10/2017 16:35

"Britain would become a basket case."

I don't know if you have been keeping-up with current events but Britain IS ALREADY a basket case - under the Tories I might add.

Neither party knows how to run a country, frankly.

[wllmherk] 04/10/2017 15:55

If Corbyn shafts shareholders in SSE and similar companies there would be multiple legal challenges unless they gave shareholders a good price, furthermore, the stock market would crash as shareholders ran for the exits as we would all be wondering which company is next. Pension funds would collapse, companies would go bust and there would be mass unemployment. Britain would become a basket case.
I hope he never gets near number 10 and the Tory Government start acting like a Tory Government.

wllm

[alphorn] 04/10/2017 15:25

M - they may have started out as nationalised companies or were rescued? SSE does not need rescuing............yet!

[minerve] 04/10/2017 15:17

Alphorn

I agree with you on the law issue. Complex for sure. I don't completely agree with you on the investment issue. There are many state owned energy companies in the US and that doesn't discourage inward investment into the energy sector. Similarly, municipalities issue bonds but it doesn't stop corporate bond activity.

[mach100] 04/10/2017 15:08

I managed to sell at 1346.25p which was the absolute bottom. About 2 minutes later it was £13.93 on the bid. I said to myself if it falls below £13.50 then I am out as I ddin't want to be sitting on an accelerating fall. I must congratulate myself on calling the absolute bottom. A feat I rarely manage in purchases. I think the fall is overdone and was reassured that the divi was safe for now. But today's tinkering has made me think of Gordon Brown's boo Prudence and pull the plug on SSE.

[alphorn] 04/10/2017 15:01

........a sure way to turn off any inward foreign investment!

If you are successful then we will nationalise you!

[alphorn] 04/10/2017 14:59

I also not sure that a company can be nationalised just like that under EU law.
Remember the issues with the banks and that was not out of choice.