Severn Trent Share Discussion Threads

[stockstracker] 26/12/2019 08:24

HTTP://twitter.com/smallcappick/status/1210113428590907392

[bountyhunter] 23/12/2019 08:55

RMG have more competition and strike action hasn't helped sentiment but the asset situation is an interesting conundrum

[careful] 09/12/2019 20:15

Interesting to think about labours take out nationalisation price. they are taking about net asset value, not market value. SVT and other utilities have to borrow huge amounts to build up world class infrastructure. that means large assets but low net assets. SVT shareholders will get about £1.6bn total, less than one third of the market value. Theft. ...but RMG net assets are more than double todays share price, an interesting situation there.

[josh 32] 09/12/2019 20:05

Under labour nationalising policy share holders will be paid asset value which is 53 pence per share and not the 22 pounds 80 pence which is the market cap according to sky news

[luderitz] 17/7/2019 07:22

Water and wastewater company Severn Trent said it had made a "good start" to the financial year in a trading update on Wednesday, with no material change to current year business performance or outlook since its results in May. The FTSE 100 firm said it continued to expect to deliver full-year trading performance in-line with its expectations and prior guidance. It added that it remained on track to deliver at least £25m in customer outcome delivery incentive outperformance payments this year.

[jeffian] 21/5/2019 09:33

"soon to be privatised"? It is privatised! Do you mean nationalised (as threatened by Comrade Corbyn)?

[luderitz] 21/5/2019 07:10

The soon to be returned to public Severn Trent reported a 4.2% rise in group turnover in its annual results on Tuesday, to £1.767bn, with group underlying profit before interest and tax 6.3% higher in the year ended 31 March to £574m, the company having absorbed all hot weather costs. The water utility firm said that during the year it managed to maintain the lowest bills in England for a decade, which was set to continue to at least 2025.

[cyfran101] 24/11/2018 00:21

Anyone here just waiting for the next general election and SVT dragged to new lows by the corbyn factor/the dividend debt conundrum?

[whatsup32] 22/7/2018 11:20

Recommend in the Sunday times today.

[bountyhunter] 14/6/2018 16:35

XD 51.92 today (final dividend)

[careful] 27/5/2018 09:23

I read the article. Nothing new, it should all be in the price.

[whatsup32] 27/5/2018 09:07

Unflattering article in the Sunday Times today. They have SVT as avoid “for doing a good job” it seems . All the best

[careful] 12/3/2018 21:48

up 5.6% in USOTC market tonight.

[atlantic57] 23/2/2018 08:27

Brinks there appears to be a perception that once interest rates rise ,it is an indicator that inflation will be back.This implies that equities are the best place to be not proxy bonds. Time will tell

[brinks_matt] 23/2/2018 07:58

Atlantic, agreed to some extent. Bond proxy perception appears to be main driving factor recently. Still yields here far outweigh rate rises so I never really get my head around this. Did note that there was a sell off after McDonald's key note speech on utilities recently. I closed all my long svt positions and moved into lloy back in Dec. Banks are more attractive for me long term atm.

[atlantic57] 22/2/2018 22:05

Brinks matt i think yoiur comments are very significant. I Think the slump in utilities is much more about their role as Bond Proxies and much less about political turmoil. After all a general election is 2022

[careful] 22/2/2018 21:12

Gove is not criticising at Severn Trent. It is utilities like Thames water he was referring to. Thames were taken over by private equity. They loaded it with debt and withdrew billions. Then they located offshore and pay no UK corporation tax. Underperformance on service and investment is commonplace. It really stinks and is the unacceptable face of capitalism.

[brinks_matt] 22/2/2018 20:46

Backdrop of: political risk anticipated tough PR19 determinations seen as a bond proxy and recent rising bond yields? I think the dramatic rise in Utilities and other bond proxies at 15:00GMT was possibly a result of a slight drop in the 10 year US Treasury yield: https://www.ft.com/content/da099842-1777-11e8-9e9c-25c814761640

[gateside] 22/2/2018 20:45

Also Gove is saying he wants to give Ofwat more powers.

[whatsup32] 22/2/2018 20:23

Thanks paa I thought that had all been priced in but obviously not

[paa65] 22/2/2018 16:49

Corbyn saying he will nationalise water industry. He brought it up again on 5th Feb which accelerared the fall

[whatsup32] 22/2/2018 14:37

Can someone explain the continuing share price drop in this supposed blue chip company.

[whatsup32] 15/2/2018 13:05

Bought at approx 21.50 thinking that was a good buy. Sold at 20.05 taking a loss . In hind site good decision. Unfortunately bought into CNA with the funds

[skinny] 07/2/2018 07:10

Trading Update for the period 1 October 2017 to 7 February 2018 Severn Trent, a leading UK water and waste water company, today provides its trading update. Financial outlook: The Board continues to expect that the Group will deliver FY17/18 trading performance in line with its expectations and guidance previously disclosed at the HY17/18 results presentation on 23rd November 2017. We also reaffirm that at least £50 million customer ODI(1) outperformance payments are expected to be earned this year. Delivering sustainable performance for all stakeholders: AMP6(2): We are focused on providing benefits to our customers, communities, colleagues and investors, and we have generated sector-leading outperformance payments on key customer ODIs and continue to do well year-to-date. We have positive momentum on Waste, particularly on internal and external sewer flooding, category 3 pollutions and serious pollution incidents. We re-confirm that we will hit the AMP6 outperformance cap(3). On Water, we have had more supply interruptions than normal in the last quarter, but are encouraged by the reduction in water quality complaints, which were down 12% year on year. We confirm that we expect to earn at least £50 million customer ODI(1) outperformance payments across Waste and Water this year. We continue to work hard on improving our SIM(4) scores. We also note that we have one of the sector-leading scores in CCW's(5) independent annual survey on what our customers think. We have delivered material reductions in our cost of finance. Since our HY17/18 results announcement, a £400m fixed-rate sterling bond with a coupon of 6% matured and was refinanced in part with a £250m five-year sterling bond with a coupon of 1.625%. We continue to explore varied sources of finance to help positon us as an upper-quartile performer in AMP7. AMP7(2): Ofwat announced its PR19(6) Final Methodology in December 2017, providing welcome clarity on upcoming plans. We expected a tough review, recently restructuring our wholesale business to improve operational effectiveness and our customers' experience. We are encouraged by the enhanced incentive regime, creating strong outperformance opportunities. We are positioning ourselves for continued success in AMP7. To assist AMP7 planning, we have launched our largest ever customer engagement programme, including a community panel of 10,000 customers, a review of two million customer contacts and analysis of over seven million social media conversations. This helps us understand the core service improvements and wider social and environmental initiatives our customers expect, thereby underpinning future growth in our RCV(7). Corporate social responsibility: We are conscious of Severn Trent's role in society through the impact on our community, the wider environment, and the importance of workplace diversity. Our work in the community delivers benefits through our extensive customer education and employee volunteering programmes. We are keen to play our part in supporting social mobility and we have a highly-rated apprentice programme. We have reported a gender pay gap of 2.4% and, while we have even further to go, we have made strong progress in supporting workplace diversity and gender pay equality. We have a strong record of environmental performance and through our renewable energy business we are on track to generate the equivalent of 50% of our energy needs by 2020.