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SSW Sth. Staff.

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Share Name Share Symbol Market Type Share ISIN Share Description
Sth. Staff. LSE:SSW London Ordinary Share GB0034321611 ORD 42 1/2P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- 0 GBX

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Date Time Title Posts
09/11/200416:10SSW contested takeover - counter bid in the offing?4
02/11/200409:32Does anyone know the regulatory asset value?5

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Posted at 26/10/2004 21:40 by linhur
Praipus

Telegragh questor says sell today. Claim is sum of the parts by Merrill Lynch is 720p.

Thanks to lundhousegreen on the East Surrey thread who pointed out piece in the Mail



Looks as though things are going to hot up!!!

By the way Regulatory Asset Value for South Staffs per the financial review on page 18 Annual Report is £161mill against current market cap of £123mill.

Always held a lot of SSW

Best of luck
Linhur
Posted at 26/10/2004 14:21 by praipus
To answer my own question from page 49 of the accounts Net Operating Assets, Regulated water supply £132,729,000!!! This would equate to a share price of £66 !!! based on the ADVFN 2 m shares in issue figure from the "Financial" section. However the annual report says 12.7 m shares in issue giving regulated asset value per share of approx £11.

Strong buy IMHO. Or buy Ecofin ECWC which are bound to go up in Sympathy due to their water only holdings, BWG, NWG, ESH.
Sth. Staff. share price data is direct from the London Stock Exchange

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