Sse Share Discussion Threads

[whatsup32] 04/5/2018 18:30

1400 plus next week ?. CNA results 14 May could also effect it

[ruethewhirl] 04/5/2018 09:23

War on 1400 continues...

[jrphoenixw2] 03/5/2018 21:01

3 attempts on 1400 this week, and all rebuffed. On the bright side when that resistance is overcome it'll become a support level. The more it resists, the stronger the support it'll become once 'well' breached.
Hard to say what the 'well' = on this stock, but on the FTSE-100 index itself I'd [currently] look for closing at least 20 point above a key resistance level to = 'conviction'; hence likely to hold.

[micos] 03/5/2018 12:37

Thanks w32

[whatsup32] 03/5/2018 12:34

Purely going by the chart. It has been the case for the past three days. If it breaks through and stays up then we may ride to £15 odd.

Prelimary results 25th this month also news on the merger will work as triggers up or down .

Dyor

[micos] 03/5/2018 11:55

Why resistance at £14?

[whatsup32] 02/5/2018 11:00

Politicians seem to have a lot on their plate at the moment. But £14 resistance

[wad collector] 02/5/2018 09:14

£14 beckoning at last....but might tumble again with some more political bad news....

[warranty] 01/5/2018 23:03

Hi Minerve, I'm now back with SSE after trying a couple of the minor ones in recent years. My usage isn't great so the differences aren't either but I just feel better being with a "proper" utility rather than a billing company.

[whatsup32] 28/4/2018 20:55

We seem to have a decent rise, hopefully it will continue to preliminary results on the 25th May . 3 month chart looks fantastic.
I’m expecting upbeat news due to extended and harsh winter and some news on the nPower tie up

[minerve] 27/4/2018 12:54

I stick with the big six and just pay a higher price. Personally, I think it is a price worth paying because otherwise we are only robbing our futures with poor infrastructure.

[minerve] 27/4/2018 12:52

warranty

I have been stating your exact concerns about the Mickey Mouse outfits for several years. I am so angered by it I have come close to writing a letter to the Which? Consumers Association expressing my concerns. I haven't written one though because I seriously don't believe it would make any difference in a society that knows the price of everything and the value of nothing.

[ruethewhirl] 27/4/2018 11:09

Enjoying the uplift.

[alphorn] 27/4/2018 10:58

Extended a bullish position this morning.

[veryniceperson] 27/4/2018 10:05

Hooray!!!! 3p above what I brought my last batch for. It's going to be a good Friday (so far).

[warranty] 26/4/2018 20:46

I think rather like the supermarkets are adjusting and dealing with the newer and cheaper entrants like Aldi and Lidl, the big six will find ways to live with the upstart companies over time but I suppose it is down to the regulator as to how profitable they might be. The Corbyn effect seems to be lessening so let's hope confidence returns to these massively oversold sectors soon.

[whatsup32] 26/4/2018 12:45

The fact that they CMA haven’t opposed the merger leaves me to believe they can be negotiated to accepting , subject to some reasoning

[bountyhunter] 26/4/2018 11:35

...just switched provider to one of those Mickey Mouse(or fox;) outfits on fixed deal expiry, I'll have to wait to see how that goes! ;-)
(agree with your point 100% though)

[warranty] 26/4/2018 11:20

On one hand they want competition to drive down prices so allow Mickey Mouse outfits to set up with minimal overheads and zero input into future infrastructure costs yet condemn the companies who do invest for attempting to combine resources to reduce costs and become more efficient. The Government and regulators ought to be supporting the big six not penalising them.

[wad collector] 26/4/2018 09:23

I suspect they would consider that they have done a good job. But I suspect they will think that whatever they do...

Dare I say it , but the share price seems to be on a steady climb now ....£14 in May?

[thamestrader] 26/4/2018 08:44

Maybe SSE should hint that they would withdraw completely from the household energy market if the merger is prevented. Wonder what the CMA would have to say about that.

[muscletrade] 26/4/2018 07:47

here is the CMA advice


"26 April 2018: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. This merger will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns. The full text of the decision will be available shortly.

[skinny] 26/4/2018 07:32

SSE responds to CMA decision on npower merger



SSE plc (SSE) notes today's statement by the Competition and Markets Authority (CMA) about the proposed merger of SSE Energy Services, SSE's household energy and services business in GB, and Innogy SE's (innogy) retail business, npower. SSE will take its time to assess the CMA's statement, but continues to believe that the proposed merger will deliver benefits for the energy market and energy customers.

Alistair Phillips-Davies, Chief Executive of SSE, said:

"We remain confident that the proposed merger will deliver benefits for customers and for the energy market as a whole and that we will be able to demonstrate this to the CMA in due course. We look forward to continuing to work constructively with the CMA and other interested parties."

[whatsup32] 24/4/2018 19:04

We seem to have recovered reasonably well , back to pre xdiv date. Let’s hope it continues