Sse Share Discussion Threads

[sirhedgealot] 01/5/2017 11:26

(Looks away from bloomberg TV) (See's SSC) (Curry tonight I think)

[spoole5] 28/4/2017 12:11

Forward divi yield of 7% now. Market is pricing in a cut.

[gymratt] 28/4/2017 09:15

£13 has strong support...I'd back the truck in at that point!

[its the oxman] 28/4/2017 09:06

How low can we go?

[velod] 27/4/2017 12:59

If it closes roundabout currently just where it is now, just barely below 1400 (or higher) then that will be a bullish engulfing candlestick formed today and although a bit early to call it, I'd hazard a guess that you saw the floor today in the mid 1380's That was it. Retrace then over.

. . . Maybe in a couple of months it may have another pop at a deeper retrace but it's technically in oversold territory right now and SSE does not have a history of big oversold condition before recovering. (Currently only just overstepping lightly into oversold).

. . . END OF DAY EDIT:
The dangers of shooting your mouth off too early. LOL!
. . . I did post to myself of "..a bit early to call...' Damn right it was! It closed way down - below the halfway 395 so not in any way, shape or form a bullish engulfing candlestick. It's still bearish and I completely rescind my assertion that the floor had been seen today. In fact rescind my entire post!

. . . I'm leaving it there as a reminder to myself not to shoot to early before a trend is established and confirmed. Hummph!

. . . Note to self: Leave prophecy and Nostradamus stuff to Nostradamus - and wait for confirming signals!

[wad collector] 26/4/2017 15:52

Ah yes , that would have been a bad buy! 1390 I meant.
A sell at 1490 would be 7% - happy with that idea. Sell in May?

[alphorn] 26/4/2017 15:22

.....not at 1490. ;))

[wad collector] 26/4/2017 15:20

Added at 1490 , these ones are just for trading . Bet I can make a quick 5%.

[spoole5] 26/4/2017 08:12

Top up time coming again here soon. Next key date will be the tory manifesto launch i guess.

[deanforester] 25/4/2017 23:09

Nobody has yet made carbon capture to work on the scale needed.

[warranty] 25/4/2017 18:48

I think you need to factor in the various new cable pipelines being built Pierre to take advantage of cheaper energy from France Germany, Norway and even potentially Iceland, who have excess capacity. The Government are way behind their commitments on emissions so it's forcing them into the wind farms and solar despite it being more expensive. It does seem ridiculous to me that sitting on a mountain of coal, we couldn't have invested in methods to contain the harmful emissions or some form of carbon capture which surely must have been cheaper than the environmentally friendly route.

[alphorn] 25/4/2017 09:23

Some good points Pierre.

[pierre oreilly] 25/4/2017 09:14

To precis all that, the chickens are coming home to roost re 'green energy' and the multitude of green subsidies. Many of those will rise and rise over the next 20 years, being inflation adjusted, and we're still adding to the problem by building more winfarms, all dependent on government largesse with energy customers money. Doesn't take much to see what will happen if energy prices are frozen while suppliers have to effectively pay more and more in green subsidies.At last, the report highlights some indirect costs associated with intermittent energy, i.e costs necessary to keep the grid operational while having to handle more and more intermittent energy sources. Balancing costs are expensive, and these days mainly come from steam plant, so even the view that windmills are carbon free is simply wrong.But the other thing about all this ancillary spending is that the grid is less and less secure, getting closer and closer to breaching limits with each passing winter. At some stage, there has to be the further added costs of new nuclear plant to add on to the built in energy price rises. We can't simply close reliable plant like coal and replace the capacity with intermittent wind, at some stage that simply leads to power cuts at times of high demand. So either bills have to carry on rising at a rapid rate, or, if there's a price freeze a la milliband, then companies in the sector go bust or excess costs are indirectly funded from taxation. The extra green costs are large and increasing and can't be avoided. Another fine mess.

[stevie blunder] 25/4/2017 08:32

This piece from Utilitywise shows why the politicos are getting worried, and its not about wholesale prices or excessive company profits,



Businesses and households across the UK are being faced with increasing electricity bills as a result of the rise in government imposed, industry regulated, non-negotiable non-commodity charges (NCCs).

[wllmherk] 24/4/2017 15:28

That will pay out handsomely come dividend day Strutt, I would echo sentiment of others, bought more here, not as many as you hold Strutt, but, substantial none the less, also, bought a load of CNA :)

wllm

[strutt12] 24/4/2017 12:54

Come home to find I now hold 14500 shares :-o

[spoole5] 24/4/2017 11:30

Won't they just increase fixed tariffs, so the govt will just reward people who can't be bothered to shop around and penalise those who can.

[skinny] 24/4/2017 11:26

No sh*t Sherlock!

[spoole5] 24/4/2017 11:23

This policy may never even see the light of day and even if it does it will be watered down after consultation with the industry.

[garycook] 24/4/2017 09:45

Fair play boys.This leaked news is well over done.CNA looking well over done as well.Purchased at 197.

[its the oxman] 24/4/2017 09:33

Bought, having sold out 1540p. Looking for div and recovery back towards 1600p in time.

[velod] 24/4/2017 09:21

Also topped up at 1391.