Sse Share Discussion Threads

[whatsup32] 15/2/2018 21:03

Some of us are lucky enough to have shares in both sse and Cna.;)

[11_percent] 15/2/2018 20:34

Have a look at CNA, a lot worse than this....divi 9.5%.

[eeza] 15/2/2018 20:14

@warranty

It's not all down to Corbyn's threats. May's gov, also, is pandering to the left regarding price caps and denouncing Utilities making any sort of profit - any profit is too much is the mantra.
And the threat of a Labour Gov being elected is all too real. Most of the young are left-leaning. In the (unlikely, but still possible, imo) event of Labour being elected what price Utilities? I would say a lot less than the current share price

[cascudi] 15/2/2018 19:19

this is good solid company imo... market makers and hedge fund knows how to scare small investors... if you believe in the fundamental invest and hold ...

[cascudi] 15/2/2018 19:19

this is good solid company imo... market makers and hedge fund knows how to scare small investors... if you believe in the fundamental invest and hold ...

[warranty] 15/2/2018 19:02

It's really difficult to make a judgement at the moment. The fundamentals, yield and trading look fine yet the share price just continues to fall, not just on SSE but all Utilities. That isn't coincidental and instead of the market enlisting the incredible value in these stocks, we see a complete sell off. That doesn't make sense to me and I really can't put all this down to Corbyns threats. Surely at some point common sense must return but I certainly wouldn't like to bet when that will be.

[veryniceperson] 15/2/2018 13:55

Such a weak goverment at the moment, trying to please everybody.

[losos] 15/2/2018 13:18

veryniceperson - "It must be political. If so they could be depressed for a few years yet"

Yes, I'm convinced it is political and like you say I can only see a prolonged period of share price depression. So reluctantly I have sold about half my holding. I just wish the politicians would keep their noses out.

[veryniceperson] 15/2/2018 12:33

This is the same as NG going down. It must be political. If so they could be depressed for a few years yet. Do hope not.

[whatsup32] 15/2/2018 12:29

I guess that makes two of us. I bought these as a defensive as I thought there may be a market correction , well we had the market correction but SSE hasn’t prove to be defensive, anything but.

Nationalisation, price cap in the price .
On the positive , cold weather continues, dividends confirmed, recent results good, yield outstanding . Maybe I’m missing the plot.

[wad collector] 15/2/2018 11:13

I think you have a stutter.

Maybe I am being a bit dim , but I still don't get why this is now at a 7 yr low. Is the yield now so unattractive compared to the other investment options? Is the threat of privatisation now so great? Sure the market is down a bit , but this is now way down on the FTSE100 or any other UK stock index.

[bobby12340] 12/2/2018 16:56

Retail business 90 per cent grief but only 10 percent profit
Networks and renewable. Generation contribute virtually all the profit
Once Retail offloaded there is a good business remaining
Buy at these crazy prices for an 8 per cent yield

[bobby12340] 12/2/2018 16:55

Retail business 90 per cent grief but only 10 percent profit
Networks and renewable. Generation contribute virtually all the profit
Once Retail offloaded there is a good business remaining
Buy at these crazy prices for an 8 per cent yield

[bobby12340] 12/2/2018 16:55

Retail business 90 per cent grief but only 10 percent profit
Networks and renewable. Generation contribute virtually all the profit
Once Retail offloaded there is a good business remaining
Buy at these crazy prices for an 8 per cent yield

[bountyhunter] 12/2/2018 13:49

Big Batteries Are Taking a Bite Out of the Power Market
12/02/2018 10:59am
Dow Jones News

Tesla, Inc. (NASDAQ:TSLA)
Intraday Stock Chart
Today : Monday 12 February 2018

By Russell Gold
Giant batteries charged by renewable energy are beginning to nibble away at a large market: The power plants that generate extra surges of electricity during peak hours.

Known as peakers, the natural-gas-fired plants are expensive to run, and typically called into service only when demand rises and regular supplies are insufficient. That makes them vulnerable to disruption from lithium-ion batteries, which have fallen in price in recent years, and are emerging as a competitive alternative for providing extra jolts of electricity.

Numerous big batteries are under construction or consideration in the U.S., especially in the Southwest, where some companies see a shiny future for "solar plus storage" projects...

[whatsup32] 11/2/2018 14:00

Ofgem to force a major six supplier to release data tomorrow on 50,000 customers who have been on standard variable tariff for more then 3 years to 3rd parties so that data can be auctioned of

Source telegraph ‘ Ofgem to force a major big six supplier ,

[muffinhead] 09/2/2018 08:45

Profit margin quoted too low for private sector to invest. Can only guess this is just early low ball opening gambit

[whatsup32] 07/2/2018 12:42

‘Vulnerable Facing higher bills after Ofgem raises bills’ evening standard
Also telegraph and ft today

It would appear an extra one million people will have their bills capped although at a higher rate and a further two million capped in October.

I am happy Ofgem recognises prices need to be raised to reflect the higher wholesale prices.

North Sea pipeline falters . Telegraph 7 feb . Not sure if this effects SSE

[strutt12] 07/2/2018 09:24

In for a penny in for a pound 2501 @ 1193p ;-)

[whatsup32] 06/2/2018 21:33

Vnp. Thank you

[veryniceperson] 06/2/2018 21:04

Nicely put whatup. I do agree. Had SSE for a few years, had a fairview divi payments so not overly worried. Good luck with CNA.

[whatsup32] 06/2/2018 18:31

Not nervous at all holding SSE . Yes I would like to see it go up but hey ho.
This company is run well, recently did a share buy back so I guess not short of readies . Steady income ,good dividends , not sure as a share holder what else I could ask for. Government interference is not in their control . I expect/hope for a bounce tomorrow . I also hold CNA that one I am a tad concerned with.

[eeza] 06/2/2018 17:42

Almost all stocks go down in a sell-off, but not all go up in the resulting bounce especially when they are in an out of favour sector.
FTSE blue 45pts at the moment (Dow up 260pts).
May be a better day tomorrow.

[whatsup32] 06/2/2018 17:21

Cheap as chips

[veryniceperson] 06/2/2018 17:19

And there was me thinking I got a bargain at 13.60. 11.96 now, is this a bargain?