Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Severn Trent Plc LSE:SVT London Ordinary Share GB00B1FH8J72 ORD 97 17/19P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  39.00 1.81% 2,188.00 2,185.00 2,189.00 2,193.00 2,146.00 2,158.00 159,706 10:54:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 1,767.4 384.7 133.4 16.4 5,199

Severn Trent Share Discussion Threads

Showing 701 to 724 of 925 messages
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
DateSubjectAuthorDiscuss
15/5/2013
11:47
CAZENOVE The consortium's willingness to table even a conditional bid in the face of regulatory uncertainty may reflect the high level of demand for low risk, inflation protected assets. We see this as positive for the other UK listed water companies, United Utilities (UU/ LN) and Pennon (PNN LN), which are trading at a 13.6% and 14.2% premium to March 14 RAV respectively compared to SVT on a 27.7% premium to RAV.
miata
15/5/2013
11:41
Severn Trent has rejected a takeover from a consortium of foreign and British buyers. "The board of Severn Trent has reviewed the proposal with its advisers and concluded that it completely fails to recognise the existing and potential value of Severn Trent," the company said in a statement. Broker Liberum, in a note to analysts, said it was likely the consortium would make a further offer before a June 11 deadline set by Britain's Takeover Panel to make a firm bid or walk away. "We have seen many such bids in the past decade and no bidder has ever given up after just one offer," it said.
miata
14/5/2013
21:39
Dont be sure,not a time to short,think this is the real deal this time,not much left of SVT,being selling all of the assets off/GRAFHAM CARBONS/STS/BIFFA/All property going up for auction,pension froze/TONY WRAY leaving !!!
camlor2
14/5/2013
13:10
A bid approach for utility Severn Trent has been flushed out by a leak. Anyone with a taste for schoolboy puns is laughing like a drain. The mouths of investors are meanwhile watering at the prospect of a £5.3bn buyout. Credit Suisse. The price speculated in the press (£23) suggests a high valuation relative to historical valuations, at a 36% premium to the adjusted 2014E RAB, but in-line with the recent acquisition of Sutton and East Surrey Water. Historic transactions have been at average c25-30% RAB premia –which would suggest a price of c£20-£21/share, on our numbers) It has not confirmed the offer price of c£23 speculated in the Telegraph, saying no proposal has yet been made. The proposed price would reflect an EV of over £10 billion – the biggest transaction in the sector's history. With a fair value of 1,530p – and the stock closed at 1,825p/share – suggesting a c45% probability of an offer is already priced in Goldman £22.50-£23/share valuation for Severn Trent is close to our M&A value of £22.16, which is based on a 30% premium to the March 2014 RAV. A 30-35% premium to RAV (the bid range) would be in line or slightly above historical bids in the sector Historically none of the previous approaches in the water sector that have been announced in the last 10 years have failed in taking over the water company. The main downside risk to the M&A outlook is whether Ofwat in resetting regulated water prices next year makes gains from leveraging up the water companies' balance sheets less attractive. The next main paper from Ofwat is due in the summer (2013). In our view the upside risk from M&A versus the downside risk in fundamental valuations is fairly reflected in the share price of United Utilities, and more than fully reflected in the share price of Pennon. We place our rating and price target on SVT under review. Additional risks to our price targets for SVT and UU are a bid from private equity/infrastructure fund, inflation above/below forecast. For Pennon they are a bid from private equity/infrastructure fund, stronger waste profits, inflation above forecasts. Citigroup With CEO Tony Wray due to leave in 2014 and, in our view, Severn Trent as the best positioned publicly listed water company post the PR14 regulatory review in 2014, we expect a formal bid to materialise and given the timing and the current rate environment, £23/share and 35% premium to RCV seems possible, in our view.
miata
14/5/2013
10:15
Agree, the only way is down, total non news!
lateralam
14/5/2013
09:35
The large trades this morning: Time Price Quantity Type Bid Offer Buy/Sell 14/05/2013 08:05 2125 62,366 UT 2125 2139 Sell 14/05/2013 08:36 2112 14,270 O 2112 2116 Sell 14/05/2013 08:45 2105 9,655 O 2105 2107 Sell 14/05/2013 08:50 2100 10,980 O 2101 2104 Sell 14/05/2013 08:50 2100 9,870 AT 2100 2104 Sell 14/05/2013 09:18 2086.64 25,570 O 2087 2088 Sell 14/05/2013 09:18 2075 23,620 AT 2075 2079 Sell 14/05/2013 09:28 2087 50,000 O 2088 2089 Sell 14/05/2013 09:29 2090 12,093 O 2090 2092 Sell 14/05/2013 09:32 2088.88 70,000 O 2095 2097 Sell
miata
14/5/2013
09:26
How much/share would a bid be worth? If the bid comes in at (suggested by media) £5.3 billion, that translates to 2208p/share
tradermichael
14/5/2013
08:53
.....a great shorting opportunity has arisen!
moneysage
14/5/2013
08:52
this won't happen.....whens the last time we trusted the Arabs with our drinking water?!!
moneysage
14/5/2013
07:23
Statement re Press Speculation NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION 14 May 2013 Severn Trent Plc ("Severn Trent") Confirmation of approach The Board of Severn Trent notes the recent press speculation concerning the possibility of an offer being made for the whole of the issued share capital of Severn Trent. The Board of Severn Trent announces that it has received an approach with a view to making a proposal from a consortium made up of Borealis Infrastructure Management Inc., the Kuwait Investment Office and Universities Superannuation Scheme Limited (together, the "Consortium"). This may or may not lead to an offer being made for Severn Trent. This approach is at a very early stage, no proposal has been made and there can be no certainty that an offer will be made or as to the terms of any such offer, should one be forthcoming. In accordance with Rule 2.6(a) of the Code, the Consortium is required, by not later than 5.00 p.m. on 11 June 2013, to either announce a firm intention to make an offer for Severn Trent in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code. A copy of this announcement will be available at www.Severn Trent.com/investors. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.
skinny
03/5/2013
08:29
HSBC: The Ofwat chairman's concerns on highly leveraged company structures may dampen M&A enthusiasm. We believe Ofwat is no longer structure-neutral so we believe prospective acquirers of UK water companies would be better to wait until further regulatory clarification is made on this point. We believe it is too far into the regulatory review to expect M&A activity in the short term. Another dampening factor for the water companies is the prospect of them missing regulatory targets. HSBC said heavy rainfall had led to an increase in pollution incidents which could be taken into account when Ofwat considers any penalties for the companies. HSBC said: We note that Severn Trent is still not meeting Ofwat's requirements for unplanned interruptions and serviceability of water infrastructure and is not meeting Ofwat's standards on eight metrics; United Utilities is failing on sewerage infrastructure serviceability; and South West Water (Pennon) is failing significantly on discharge permit compliance (satisfactory disposal of waste water) and pollution incidents. The bank kept its overweight rating on Pennon, down 4.5p to 681p, but cut its target price to 775p from 780p. It downgraded Severn Trent, 5p lower at £18.16, from neutral to underweight following a strong performance, and raised its target price on United Utilities, up 5p to 745.5p, from 775p to 795p with a neutral rating.
miata
27/2/2013
08:32
cyfran Good find. Very interesting article. Thanks red
redartbmud
27/2/2013
00:12
Severn Trent have only seen the tip of the iceberg regarding the possibilities of making money from human waste derived methane. Big possibilities here. http://www.bloomberg.com/news/2013-02-20/sewage-status-grows-as-resource-for-utilities-to-skiers.html
cyfran101
25/1/2013
17:07
Money moving from bonds into equities, some will come here.
miata
25/1/2013
16:18
any ideas on which way now?
mali12
01/12/2012
16:02
Going XD on Wednesday.
miata
27/11/2012
09:22
Profit before interest and tax fell 2.6% in the first half, reflecting planned increased investment in networks and customers service in its water division. 27 Nov Severn Trent PLC SVT Barclays Capital Equal weight 1,550.50 1,556.00 1,695.00 1,640.00
miata
24/11/2012
12:26
Water bills set to soar: Suppliers claim new industry rules will push up prices Bills will rise by £33 each year until 2045 with average bill £1,000 higher Regulator pushing through changes to way companies charge for supplies The predicted increase means bills will rise by £33 each year until 2045 – so the average bill will be £1,000 higher. At the moment, the regulator sets a maximum price ceiling for water bills overall. Under the changes, it would set a separate limit for each element of the bill, such as sewage, running call centres and maintaining pipes. Critics say this will make the regime much more complicated, making it harder for banks to predict their revenue streams – thus increasing the interest they charge. This will be passed on to consumers in the form of higher bills. Severn Trent said it was worried by the 'lack of clarity' of the planned new regime, while South West Water lambasted the plans as 'not in the long term interests of customers'. Industry body Water UK said: 'Companies have considered these proposals carefully. 'The majority of companies have been unable to accept Ofwat's proposals in their current form due to widespread concern within the industry about their potential impact on investor confidence.'
miata
23/11/2012
16:26
Utilities stocks reacted to Tuesday's Ofwat statement in which it clarified some licence modification proposals following requests for more information from shareholders. The general consensus is that water suppliers do not agree with the proposals from the regulator, which said that it wanted to set segmental price controls. United Utilities and Severn Trent both released statements today, calling for "modifications" to the current proposals. "In response to Ofwat's clarification note published earlier this week, the company has made constructive suggestions to overcome concerns regarding the prospect of losing 40 per cent of revenue from wholesale price controls and lack of clarity about how future prices would be controlled." Interim results next week.
miata
21/11/2012
14:56
More of the same old joined up thinking by government, regulators etc etc then. Do they not communicate with each other at all before issuing policy statements or inferences?
redartbmud
21/11/2012
12:46
Ofwat clarified proposed changes to water companies' licences. "The softening of Ofwat's stance on a Competition Commission referral reduces the near-term risk of negative newsflow," said analysts at JPMorgan Chase & Co.
miata
08/11/2012
10:24
Date Broker name New Price Old price target New price target Broker change 08-Nov-12 Nomura Neutral 1,529.00p 1,645.00p 1,550.00p Reiteration 31-Oct-12 Bank of America Neutral 1,606.00p 1,760.00p 1,540.00p DownGrade 03-Oct-12 JP Morgan Cazenove Neutral 1,665.00p 1,640.00p 1,610.00p Reiteration 11-Sep-12 Goldman Sachs Neutral 1,685.00p 1,755.00p 1,896.00p Upgrade 18-Jul-12 Investec Securities Hold 1,719.00p 1,664.00p 1,627.00p Reiteration
miata
05/11/2012
10:19
Water stocks leaked after Deutsche Bank said the sector looked fairly valued after three years of strength and voiced concern that regulatory risks were rising.
miata
05/11/2012
10:09
MIATA Here what you say. The banks are slowly putting their house in order. I suspect however that they will be drip feeding more provisions for current bad debts into their balance sheets for years to come. But, one cannot deny that they are making progress and at the same time having regulations thrown at them. Margins cannot be as good as a few years ago with interest rates so low, but they have been able to borrow large sums from the BofE at next to nothing. They must make a good turn on that, whilst limiting the amounts that they are lending. I believe that many savers have committed more funds than they would normally do to high yield equities and fixed income investments to chase better rates. Should they be penalised for doing so? It is a double whammy. We all know that the government is expecting savers to bale them out with inflation greater than current interest returns, but to cynically wipe out capital on top by throw away statements in parliament, given by people incapable of running a school tuck shop, is taking the biscuit. red
redartbmud
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
ADVFN Advertorial
Your Recent History
LSE
SVT
Severn Tre..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200406 10:10:09