Sse Share Discussion Threads

[bountyhunter] 26/5/2021 13:09

Down a tad but so is the wider market with the FTSE100 hovering around 7000 yet again; it wouldn't surprise me if we finished blue here as long as the wider market doesn't drag us down.

[bountyhunter] 26/5/2021 13:00

Yes I agree the renewable energy focus is a big plus in today's world. I've always seen SSE as a potential takeover target for one reason or another and still do with the reasoning perhaps stronger than ever now...maybe one day!

[18bt] 26/5/2021 09:17

Wad, agreed this is a long term play. But I also hold as I think it will be an attractive target for oil majors looking to meet their climate obligations and de-carbonise.

[wad collector] 26/5/2021 08:31

Well I was wrong that the share price rise yesterday was portentous of unexpectedly good results. One good line was "now expects to exceed its target for trebling its renewable output by 2030."
If you consider that the future is all about renewables and the company re-inventing itself , this can only be good. The dividend policy has never really been in doubt in the current 5 yr plan.

[bountyhunter] 26/5/2021 08:17

Fair point but a decent yield to be maintained and the renewable energy focus is a plus, also pandemic costs towards the lower end of guidance..

Coronavirus impact on operating profit estimated at GBP170m, towards the lower end of the guided range and reflected within adjusted and reported results

[18bt] 26/5/2021 08:07

Yes, but the market expectations were consensus 87.9p

[bountyhunter] 26/5/2021 07:38

Adjusted EPS was spot on..

Adjusted earnings per share up 5% to 87.5p, within the expected 85p - 90p range

[18bt] 26/5/2021 07:31

The dividend was the only thing that didn't seem to slightly miss market forecasts. Happy to hold, but suspect these might re-trace for a bit.

[bountyhunter] 26/5/2021 07:12

Final dividend in line with 5 year plan to 2023.

Intention to recommend a final dividend of 56.6p per share for payment on 23 September 2021, representing an average annual RPI rate of 1.2%, making a full-year dividend of 81.0p per share.

[warranty] 25/5/2021 18:44

Yes wad, let’s hope the news is good and it moves the share price back towards the £16 level. You can never tell with news flow but I doubt if anyone really knows much beforehand.

[wad collector] 25/5/2021 18:04

Prelims out tomorrow and a rise in the share price this week ; I always like to see that as I don't believe the results of any company can be held that securely.

[wad collector] 12/4/2021 14:51

Poikka ,just looking at the figures , the World's offshore wind capacity is currently a small fraction of the onshore capacity ( One twentieth almost exactly).

[skinny] 08/4/2021 10:25

.

.

"Keadby Hydrogen, the hydrogen-fuelled power station, is expected to have a peak demand of 1,800MW of hydrogen, producing zero emissions at the point of combustion. The development will be the world’s first major 100% hydrogen-fired power station, securing at-scale demand for hydrogen in the region for decades to come".

[otemple3] 07/4/2021 21:26

The Times says Tuesdays rise was due to it being announced over the weekend that SSE will be included in the S&P Global Clean Energy index - rise was caused by smaller investors front running the institutional buying that will occur on inclusion.

[wad collector] 06/4/2021 22:09

I like to spread takeover bid rumours and came across these -

VShares soar as SSE looks like latest takeover play
Investors yesterday piled another £224m on to the stock market worth of Scottish & Southern Energy after the Perth-based utility again became a possible takeover target as German power giant E.ON abandoned its battle to wrest control of Spain's Endesa.

This latest flurry of speculation comes just six weeks after SSE was touted as a likely target for the new-broom chief executive of German utility RWE. Russian gas company Gazprom has also been linked recently to a bid for SSE.Shares soar as SSE looks like latest takeover play
Investors yesterday piled another £224m on to the stock market worth of Scottish & Southern Energy after the Perth-based utility again became a possible takeover target as German power giant E.ON abandoned its battle to wrest control of Spain's Endesa.



Shame that was 14 yrs ago , but it still might happen...

[bountyhunter] 06/4/2021 11:00

I also agree with that, a premium of about 40% would take us to £21/22 which would follow the normal pattern IF it happened. Also agree that streamlining the business leaving strong green credentials makes us more of a target in the current climate.

[poikka] 06/4/2021 10:21

Well, IF it happened, I agree that £21/22 would be ok - the yield wouldn't change.

[otemple3] 06/4/2021 09:56

Shell seem like the logical party and the sale of Contracting significantly streamlines the group so now even more likely. What price would tempt APD / Gregor to recommend a deal? £21/£22 I think would do it

[gateside] 06/4/2021 09:39

No mention on news of any takeover possibilities

[poikka] 06/4/2021 08:28

Bit of a rise this AM - 5% - don't tell me the long-rumoured RDS takeover's in the offing.

[otemple3] 01/4/2021 22:54

They announced it was for sale ages ago and have updated in last few announcements on progress so I'd argue it would have been a pretty pointless bet!

[rethemagic] 01/4/2021 22:18

I should of put a bet on it...Contracting sold.

[wad collector] 31/3/2021 08:27

That'll do ! The dividend is barely covered though , so this may not be a sustainable dividend policy.