Sse Share Discussion Threads

[bountyhunter] 15/1/2021 19:29

A green recovery from Covid-19

[wad collector] 13/1/2021 16:13

Bountyhunter keep up that takeover bid rumour !

[bubblingup] 12/1/2021 15:18

Added again in time, phew.

[bountyhunter] 12/1/2021 12:46

XD 24.4p on Thursday

[skinny] 11/1/2021 10:39

Added a few sub £16 - first purchase here in a decade.

[bountyhunter] 09/1/2021 19:18

Did the same lol, now in for 2x ! 🙂

[bubblingup] 09/1/2021 16:57

Good find bountyhunter! I actually sold a slice when they quit the retail business, then realised what a good move that was for SSE. So I increased my holding above my original level. They are in a sweet spot for the green revolution and the divi is looking rather succulent too.

[skinny] 09/1/2021 16:43

Bountyhunter - that's been at the back of my mind for some time - take a look at posts 3206,3212 and particularly 3188 above.

[bountyhunter] 09/1/2021 16:37

Could SSE become a takeover target based on increasingly green credentials?

The value of SSE’s renewable assets was underlined earlier this year when the firm bagged a nice profit selling a stake in a wind project in Dogger Bank that SSE co-owns with Norway’s Equinor to Italian oil major ENI earlier this year.

“That seemed to confirm the clear upward trend in the market value of renewable assets and with oil majors potentially wading in at almost any price given their determination – and need – to reinvent themselves – SSE’s shares could yet offer greater potential for capital appreciation than many investors realise.”

[bountyhunter] 08/1/2021 23:43

Interim ex-dividend date 14 January 2021 (24.4p)

[wad collector] 04/1/2021 14:47

Xd in 10 days ,same interim as last yr. Wish the rest of my portfolio could match that!

[bountyhunter] 01/1/2021 16:27

Cheers Skinny.

Happy New Year all!

[skinny] 01/1/2021 11:53

SSE,HSBA,PNN,GAW.

With the transition to a lower-carbon economy likely to gather pace this year, SSE is in a strong position to play a prominent part (Greig Cameron writes).

Last year the utility offloaded its domestic retail energy supply business to Ovo Energy, as well as agreeing the sales of North Sea oil and gas assets and waste-to-energy sites in England. It retains a reliable income stream from its electricity networks and cables, along with a growing portfolio of onshore and offshore wind assets.

Crucially, there should be more to come. SSE intends to spend billions building more capacity and trebling its renewable electricity output by 2030. With the timing of recovery from the pandemic still uncertain, the business appears to be a solid defensive choice with a good dividend, while there also should be opportunities for the shares to rise as the government lays out further details on its green agenda.

[bountyhunter] 01/1/2021 11:50

Can only see the first as behind a paywall, what are the other four?

[skinny] 23/12/2020 14:45

They are also making "green" noises.

[redartbmud] 23/12/2020 14:09

wad

It isn't undeasonable to make a corporate trade, for a profit.
Some of the risk has been laid off to a third party, and the capital raised can be recycled into other projects that should also realise a profit at some point.
As you say, they are under the cosh from a Regulator whose aganda isn't helpful towards the long term success of the business.

[wad collector] 23/12/2020 12:07

£15 is about to be crossed for first time in ten months , let us hope it ends the year higher than it began , which is likely .
The trader in me wonders if this is a good exit point but the investor says no , we have weathered 2019 , the long term plan should still be to hold.

[wad collector] 22/12/2020 18:25

I see further divestment with the sale of the North Sea gas interests, at a small profit.
Funny world , we have one set of companies selling assets to concentrate on "core business" whilst other companies buying assets to "broaden their portfolios".
Selling gas fields may allow SSE to say they are increasing their renewable fraction , but it does not change the gas production by the country, just labels it as another companies carbon production. But that is part of carbon tax gaming.

[bountyhunter] 21/12/2020 10:15

Yahoo Finance
5 FTSE 100 dividend stocks I’d buy today for a long-term passive income
Manika Premsingh

2020 has been quite the rough year for investors, and particularly so for income investors. With dividend cuts seen left, right and centre, passive income is harder to come by. Moreover, the dividends that are around are far less dependable than earlier. So what should FTSE 100 income investors do?

I think it’s a good idea to consider utility stocks. Utilities’ demand is least affected during economic downturns or even lockdowns. People need electricity, water supply, and sewerage services irrespective of whether they are the top-1% of the economic strata or just about making ends meet...

[nk104] 09/12/2020 16:23

Sold at £14.35. Have held this since 2012 but I think this is a nice exit point. Good luck to holders.

[nk104] 09/12/2020 15:23

That’s the problem and the ultimate question with SSE. If there was no political risk the price would be a lot higher, but Labour wants to nationalise and the regulator thinks it can squeeze lower levels of return but still get companies to invest.

[wad collector] 08/12/2020 17:19

If Ofgen squeeze the generators too hard , they will shy away from investing in green technology , which is clearly in no-ones interest. The margins are still tighter than previously , but looks like SSE remains a good investment , providing the Left Wing does not get control.