Sse Share Discussion Threads

[bobby12340] 16/7/2018 17:26

Ex-dividend is next week-26July.
66p on offer.

[jrphoenixw2] 16/7/2018 17:22

@WU/Sicker.
According to my notes:
Thursday 19th July = SSE AGM + Q1 Trading Statement, + spin-off effective date @ 1:1.

[sicker] 16/7/2018 17:17

whatsup32, I believe you mean next month

[whatsup32] 16/7/2018 16:37

Dividends next week 66p. Plus looks like demerging the business will go through soon . If there is no political upheavals then we should have a nice run up.

[bountyhunter] 10/7/2018 12:00

true enough, need a bit of strong and stable governance ;~!

(oh that will be ok, just realised TM is still PM)

[wad collector] 10/7/2018 10:30

Which won't help share price here as more uncertainty and Corbyn spectre appearing again.

[bountyhunter] 09/7/2018 18:45

Back from work and caught up now!
I suspect Boris has left the door wedged open and the heat will drive TM out before long.

[bountyhunter] 09/7/2018 15:48

Is he holding the door open for Theresa or has he already gone through? (not read the news this afternoon!)

[alphorn] 09/7/2018 15:43

Boris is the last one.

[bountyhunter] 09/7/2018 15:36

has someone else resigned since 2pm? they can't get out the door quick enough! ;-)

[alphorn] 09/7/2018 15:26

sp dipping on the resignation news?

[bountyhunter] 06/7/2018 15:24

just had a quick check, actually done better than that as I didn't realise the value was so much lower 10 years ago!

[bountyhunter] 06/7/2018 15:21

if I had had a 20% uplift and ~5% divi per year = > 70% return + compounding on my entire portfolio over the last 10 years I would be quite happy although I appreciate there are no guarantees going forwards

[losos] 06/7/2018 14:01

topvest - Yes, have halved my holding, also held for 10 years. The yield is important to me, if MergeCo. don't pay any divi I shall have to dump them. In fact my portfolio is due an adjustment as ISAT might go any time soon and one or two others need looking at.

[topvest] 06/7/2018 09:36

I'm out of these at my £14 price target. Held for nearly 10 years and only 20% higher. Obviously a good yield, but looks a potential value trap going forward. They are certainly not creating much value at all.

[skinny] 06/7/2018 08:07

Ex dividend on 26th July @66.30p

[call-logger] 04/7/2018 11:00

Don't see how it can be a mandatory action if it requires shareholder approval

Sippdeal yesterday sent me the chance to vote

The Company has announced a General Meeting to be held on 19 July 2018.

To view the announcement in full please copy and paste the below link into your web browser:


AJ Bell is unable to provide advice and this notification does not constitute investment or tax advice. If you are in any doubt as to which action to take please contact your Financial Advisor.

Submitting a vote:

If you wish to submit the same vote for all resolutions you can elect using the options below by the deadline date, 12 July 2018 (e.g. Vote FOR - ALL Resolutions, Vote AGAINST - ALL resolutions etc)

If you wish to submit mixed votes please send your instruction by secure message by the 12 July 2018 following the procedure set out below:

....


Updated: 02/07/18

[jrphoenixw2] 04/7/2018 10:45

FWIW I received this notification from my broker this morning:
'Spin-Off SSE@LSE
SSE@LSE (Name: SSE PLC) announced a spin-off effective 20180719. The terms of the spin-off are 1 : 1. Please note that this action is a mandatory action.'

I'm quoting this here as I don't see this mentioned in the info in the headers^. It appears to supersede this above^: 'Completion of this transaction is subject to necessary shareholder and regulatory approvals'

[whatsup32] 02/7/2018 11:19

Call- hopefully timed well. Good luck

[whatsup32] 29/6/2018 21:24

Up 9p first thing closed down 2p . I’m hoping for a run up to x div on the 26th. It’s a decent pay out so let’s see

[bountyhunter] 28/6/2018 19:37

Whatever the semantics I agree they will aim to pay a dividend and with the likely cost savings from the combined entity believe this should be quite possible.

[bobby12340] 28/6/2018 19:29

I see it as a straight demerger from SSS point of view but taking on Npowers struggling retail side to preserve jobs and the outcry which might have arisen with a sale of the retail business.

[bountyhunter] 28/6/2018 18:51

...and year end March 2018 finished over 3 months ago so no anticipation required there! For performance of MergeCo once formed we will need to wait and see, no doubt there will be some synergies and economies of scale as well as personnel cost savings or why bother with a merger of interests? If just to get rid of the bad bits a straight demerger or sale would have sufficed.

[bobby12340] 28/6/2018 18:42

If SSE could make around £220m from their retail sidelast year then with them owning 2/3 of the NEWCO surely they will make it profitable and look to pay a dividend