Sse Share Discussion Threads

[wad collector] 02/10/2017 13:29

Andysaw I agree there are lots of concerns here , but I think that is why they are £14 not £20.
It is the generation and transmission that attracts me.

[macthepak] 28/9/2017 17:54

I am not a great fan of Investor Chronicle, but SSE was tipped as a buy on 22.09.2017

Bull points being: High dividend yield, earnings coverage holding up, rising renewable capacity and cheap against history

And bear points: Lingering political risks and declining customer numbers.

SSE is the only UK energy company to be involved in electricity transmission and distribution and gas distribution, which provide a reliable income.

[deanowls] 28/9/2017 16:10

And the government wants cars to go electric, all the small players are they going to produce, spend capex to increase availability. Probably not and not a level playing field. Corbin is not in charge, would he get low cost borrowing to buy these up?

[1squintyflinty] 28/9/2017 13:36

Some of the 50 small players in this sector are struggling to make any profit in an attempt to make their mark by undercutting the big six. A lot of these companies will go out of business ,but others will last the course and become profitable.How many....who knows.

[andysaw] 28/9/2017 11:57

Well I've worked in the same utility sector for more than 15 years and can see where the big 6 providers are heading forward due to more than 50 small players. Profit margin has gone down and so much pressure on prices from government and OFGEM. Future looks difficult IMO. In any case, all the best for your contrary view.

[1squintyflinty] 28/9/2017 10:10

Corbyn is also having a negative effect on these shares as he threatens to take all these utility companies back into the public domain ,although for the life of me I can't see how he will fund it. Ah yes ........borrow hundreds of billions of pounds.Just the usual then from the Labour party !!!!

[macthepak] 28/9/2017 09:19

Disagree.

The stock is oversold in the short term.

Current market environment remains bullish. It will be above 1400p sooner then later.

Looking for forward to next years dividend.

[andysaw] 28/9/2017 00:47

Correction - F) expenditure is high for next few years with NO potential to maintain or increase profit

[andysaw] 28/9/2017 00:44

I exited today as there seem to be too many negatives. A) more than 50 utility providers now, so all big 6 providers are losing customers at higher rateB) small providers have far cheaper prices e.g. IRESA, first utility, etcC) today's profit warning D) dividend cover rate has gone downE) cash flow has gone downF) expenditure is high for next few years with potential to maintain or increase profitG) profit margin has to be low in next few years to compete with small playersH) political impact like price capSP will be much lower in next few months, so dividend benefit will be wiped out completely IMO

[mach100] 27/9/2017 12:43

At 3.9% dividend increase then if RPI remains the same. The share price itself has been battered down but should recover when income seekers get on board.

[andysaw] 27/9/2017 08:23

It is a big loss

[micos] 23/9/2017 13:08

Just checked while on the beach in Corfu. I can afford a few more ouzos and mezes now.

[veryniceperson] 22/9/2017 10:37

Yes, it was very nice.

[mister md] 22/9/2017 09:23

Chunky dividend received today

[strutt12] 16/9/2017 13:20

Well done Skinny

[skinny] 15/9/2017 12:15

I appear to have bought some more @1396.50p

[alphorn] 14/9/2017 13:30

Good move to close yesterday. ;)

[alphorn] 13/9/2017 09:43

The BofE meeting this week may give some short term direction to the share if yield expectations change? I have a 1400 option position expiring Friday so will need watching.

edit: decided to close out for the pennies. Don't be too greedy!

[aleman] 07/9/2017 16:54

Rise at the end as long bond yields dipped. Yield curves are getting flat again. Yield stocks should be rising at the expense of growth.

[alphorn] 06/9/2017 16:11

Extended long position this afternoon.

[spirito] 06/9/2017 16:07

Come on baby

[spirito] 01/9/2017 10:21

sp is only this low as div not sustainable. yield over 6% is crazy. share price rise or divi cut.

[muffinhead] 01/9/2017 00:10

SSE revealed as most profit-hungry of Big Six as margins climb for a third year


SSE has been hardest hit by the exodus of customers away from incumbent suppliers onto cheaper deals. Its share of the electricity market has fallen 5 percentage points from 15pc in 2011 to 10pc today.

Despite the losses SSE's dividend has grown every year since 1992, a policy which analysts at Hargreaves Landsdowne have said may be unsustainable.

“The group has relied on asset disposals, debt, and share issuance to prop up the payout. Clearly this can't go on forever,” the analysts said.

[spirito] 23/8/2017 10:49

thats a long term view!

[wad collector] 22/8/2017 14:14

As we get nervous about more regulation in the supply market , I was wondering how the whole sector will be affected by ambitious electric vehicle plans. Although the timescale is long , effectively the electricity demand is extra to the current supply.
Millions of electric vehicles will need an awful lot of electrical energy , and as well as the huge infrastructure requirements , there will be a lot of extra Joules needed.
Won't help SSE if it does get re-nationalised , but it is a thought in the long term both on the supply and generation sides. This is going to get bigger....