Severn Trent Share Discussion Threads

[kaffee] 20/6/2013 20:03

Under 1640 tomorrow !

[arja] 20/6/2013 11:59

camlor2 - thanks and I had not realised . certainly looking interesting today but I fear all stocks have more pounding to take after benanke's speech and we could be in for a fully blown bear market !

[tradermichael] 20/6/2013 08:54

What about today? Under 1665p, looking cheap.

[camlor2] 19/6/2013 08:29

ex dividend today.

[arja] 19/6/2013 08:26

wow - why the steep fall today as no fresh news out I think ?

[sanks] 12/6/2013 23:04

Me and Sheila have buy orders in at £6.72
Hope it helps

[moneysage] 12/6/2013 18:41

LIKE I SAID:



moneysage 14 May'13 - 08:52 - 486 of 558 0 0 edit



this won't happen.....whens the last time we trusted the Arabs with our drinking water?!!

[eelanguilla] 12/6/2013 18:20

safe investment no competition decent yield - I wouldn't have sold had it been a "major" part of mine. Short term sure its hit the price.

A bit strange that no parties would move to what was in % terms very small to the last offer i must admit.

[treasure] 12/6/2013 16:21

So, bottom line. The shares could have been £22 today. But with the excellent acumen of the board the shares are approx. £4.50 quid lower. And guess what. All in the best interest of the shareholders. What a let down.

[bracke] 12/6/2013 14:27

I think it is now more than a "whiff"!

[miata] 12/6/2013 14:19

"the whiff of being self-serving" - Love it.

[bracke] 12/6/2013 14:02

Apologies if this has been posted previously. Worth a read.

[arja] 12/6/2013 13:35

I thought the board has some responsibility to shareholders ! Only joking and of course it seems they are only interested in their own positions and feathering their nests .

[bracke] 12/6/2013 12:50

One would have thought that the major shareholders would have insisted on a sale.

[careful] 12/6/2013 12:42

a rerun of sainsbury attempted takeover a few years ago.
the sainsbury family stuck out for well over 600p when 600p would clinch it.
they demandad a top up of the pension also.
the buyers walked and the share price is still only about 360p today.

one in the hand etc.
this could fall back to well below 1500p on regulatory concerns if this lot walk away.

trouble with these utilities is they it do not attract top managerial talent.

[bracke] 12/6/2013 12:29

If the board think the share price is worth more than £22 a share why wasn't it at that level before the bid and are they going to get it above that level in the coming months?

[careful] 12/6/2013 12:10

the potential buyers should walk.
a greedy board, tons of debt, and a tougher regulatory settlement looming.

[redartbmud] 12/6/2013 10:55

Funtime

How many £millions did it cost for the leeches of advisers to come up with that conclusion anyway?

red

[redartbmud] 12/6/2013 10:51

Funtime

The Board id deluded IMHO.

red

[funtimejonny] 12/6/2013 10:42

I think you are being a bit pessimistic Redartbmud. Other offers are bound to come forward, and there are good dividends here in the meantime. This T/O approach has served to put a baseline on where further potential offers must be pitched (IE in excess of consortiums paltry bid)

[redartbmud] 12/6/2013 10:30

ie. If we wait for the next 5 - 10 years we might hit £20 again, dependant on the way the wind is blowing.

[miata] 12/6/2013 09:27

Andrew Duff, the Chairman of Severn Trent, said:

"Throughout the course of this process we and our advisers have held talks with, and given careful consideration to every proposal made by the Consortium. We have consistently made clear to the Consortium our belief that Severn Trent has a value to our shareholders above the level it indicated it was willing to pay. This difference in value has been at the heart of this process and the Consortium has either not been able, or willing, to bridge that value gap. We have every confidence in the long-term future and significant value of Severn Trent and look forward to continuing to deliver for all of our shareholders, customers and other stakeholders."

[holts] 12/6/2013 09:19

I think the board have made a strategic error by not talking to the consortium , they now must perform to a very high standard to keep the share price up and at least if they had talked they could have perhaps squeezed out more money whilst also being able to point out to investors that they did try but unfortunately nothing came of it .

[miata] 10/6/2013 11:34

Credit Suisse reckon that LongRiver's view that its offer was a 41% premium to SVT's FYmar13 RAB comimg less than two months after comments from the regulator citing transactions at premia of c30% as evidence that it has been too generous,
suggests the next OFWAT review may be less benign than many are anticipating, and sees downside risk on fundamentals.