Severn Trent Share Discussion Threads

[revoc2] 24/8/2009 09:47

LOL LOL LOL
HA HA HA

i see this is the only utility thats DOWN!!
no surprise here then...

looks as if THEY dont want this to get anywhere near £10?!!

[revoc2] 24/8/2009 08:48

at the level where the ftse is now, this PIECE OF DOG POO shud have SMASHED through the £10 level!!
but still it refuses to take part in the biggest rally ever!!
it looks more and more likely that we will NOT see the £10 level EVER AGAIN!!

[badgerone] 21/8/2009 19:23

nice touch of irony there r2, hahahaha, got me going again.

[badgerone] 21/8/2009 10:56

bought 2 days ago and showing a profit...hahahaha......maybe I should sale?

[badgerone] 21/8/2009 10:54

I bought in recov2, mainly because I like reading your posts....they make me laugh...keep up the good work.

[revoc2] 20/8/2009 14:25

HA HA HA HA HA HA HA

REALLY?

[careful] 20/8/2009 13:30

these utilities will bounce very quickly after the shorters close.

[revoc2] 18/8/2009 11:27

sad, but looks like the share price is headed to

50p!!

[miata] 18/8/2009 09:57

Margin on HSBC and the miners just now (OpEx plays), may be long on SVT in a couple of months.

[jezza123] 17/8/2009 19:58

Hey Miata

nice to see you around - profiting as usual I suspect -

are you long or short here?

[miata] 17/8/2009 18:14

The Midas Dogs of the Footsie portfolio is made up of the ten highest-yielding stocks in the FTSE 100 - shares that are expected to provide the most generous dividends in relation to their share price. Our analysis is carried out on a prospective basis, so we look at analysts' predictions for the next full-year dividend of any given company-and divide it by the current share price to give the yield.

Every three months we review the portfolio and make changes to it, throwing out stocks that are no longer expected to be among the ten highest yielders and replacing them with ones which are.

The August Dogs are BP, Cable & Wireless, Man Group, National Grid, RSA, Severn Trent, Shell, Standard Life, United Utilities and Vodafone.

Among the August Dogs, questions have been raised about payouts from BP, Shell and Man Group. But if market conditions continue to improve, they should be able to match brokers' forecasts. Man Group is expected to deliver a dividend of about 23.5p for the year to March 31, 2010, down from nearly 31p this year. Even at the lower rate, however, the stock is the highest yielder in the FTSE 100, with a prospective yield of 8.8 per cent on shares worth 263p. In fact, this time round all the Dogs are yielding well over six per cent and four, United Utilities, Severn Trent, Shell and BP, offer more than seven per cent.

[scotty1973] 17/8/2009 13:11

I would be very surprised if OFWAT backed down given that consumers have been hit by soaring utility bills for so long now

[revoc2] 17/8/2009 12:17

why not wait till it hits

50p?

then buy in!!

[the_doctor] 17/8/2009 09:20

Rather pleased to have got lucky (?) with the trade buying at 940p and selling at 962p (spread was 7pts each way).

Must admit, I thought it would probably head up a bit further first.

Considering whether this could bounce off 940p area again, but feel the markets may drag it down.

I'd look to get back in at around 860p if it gets there.

[revoc2] 17/8/2009 07:53

g4ssg.....14-15?!!
who cares about that level...i think alot of ppl r stuck from the 11-12 quid level, and would welcome a rise back to just those levels!!
i know i wud.
i just want this to make a REAL climb through the £10 level for starters.

[myshares] 16/8/2009 14:37

g4ssg - Share price has got nothig to do with customer service. Investers care about the financials of a company not their customer service.

[jeffian] 15/8/2009 23:05

"it was april last year ...i would have thought all share holders would have known about this......"


We did. It's history.

[g4ssg] 15/8/2009 22:18

Ofwat today confirmed that it has fined Severn Trent Water £35.8million for deliberately providing false information to Ofwat and for delivering poor service to its customers.

This breaks down as:
£34.7 million (2.9% of 2006-07 turnover) for deliberately misreporting some key customer service information; and
£1.1 million (0.1% of 2005-06 turnover) for providing sub-standard services to customers.
Ofwat Chief Executive Regina Finn said:

"Severn Trent Water's behaviour was unacceptable. The size of the fine reflects how seriously Ofwat takes the deliberate misreporting of information.

"This sends a clear message to the company and to the rest of the water sector – Ofwat will protect consumers and companies must comply with their legal obligations or pay the price. Any further attempts to deliberately mislead Ofwat could lead to even bigger fines in the future."

The obligations on the companies to provide reliable, accurate and complete data are designed to protect consumers in a monopoly environment. Without a choice of supplier, this protection is essential.

Severn Trent Water's shareholders will bear the entire cost of this fine. It will not be passed on to its customers.


it was april last year ...i would have thought all share holders would have known about this......

the highs 14- 15 pounds

[revoc2] 15/8/2009 21:46

g4ssg....by prevoius highs, what "highs" r we talking about?
£15 or r u saying we will NEVER see £10 level again?
thnx