United Utilities Share Discussion Threads

[djalan] 06/2/2011 14:52

Good find 3BA

........UK water stocks offer the purest exposure to high inflation.......

[wad collector] 04/2/2011 16:27

UU has never been fashionable amongst most of the analysts.I think there is a bit of intellectual snobbery about it.Its yield and stability are so obvious that any punter can see it is a good long term buy.

[qed2] 04/2/2011 14:27

Current divi is 30p and Board are increasing this by rpi + 2% (+6.7%) this gives 32p for next year. At a 4.5% yield this implies a share price of 711p. Even at a 5% yield it is 640p. For a near guaranteed return is this why analysts are finally moving this to a buy?

[nellie1973] 04/2/2011 13:26

Broker upgrade raised to buy

[lonrho] 04/2/2011 12:03

merril lynch note ,inflation is good for utilities,note is shown on ft alphaville website at beginning of todays market live which started at eleven

[deanforester] 04/2/2011 11:03

What has brought on today's rise? No obvious news about.

[pillion] 03/2/2011 12:13

A 30p gain from here is a possibility.............



His last UU. call was correct

[robertfaulkner] 03/2/2011 12:10

Price well up today, is it all the reivesting of UU dividend, I sold my IG spread bet at a £160 profit much to early it would be near £600 now and I want to re spread bet at 557p, will it drop in next few days???

[pillion] 02/2/2011 22:34

I'm with Halifax
They don't do reinvest

Looking at BG. as the next investment, pity it's not much of a divi

[robertfaulkner] 02/2/2011 15:00

Very low volume of UU shares today

[robertfaulkner] 02/2/2011 14:52

Pillion I hold my UU in Selftrade with auto reinvest of divs.

It is usually the next day I get 2 pdfs of Div and then Buy contract

[pillion] 02/2/2011 11:38

24 Nov 2010 Interim GBP 10.00 Pay - 02/02/2011
Not got mine yet

[robertfaulkner] 01/2/2011 07:46

Reasonable volume so people/fundmanagers are selling UU shares at these low prices, they must believe share price must go lower (or they would wait to sell) even though at these prices we must getting near a yield of twice money on deposit, very strange.

I can only asume they think the forward dividend will drop by at least 80% over the next few years. UU has stated it will grow div by 2% every year.

[mac15] 31/1/2011 17:47

Looks like all water utilities getting downward rerating way beyond market fall. Hoping to catch uu. and svt near the bottom. Hard to predict as already gone beyond a mere correction. Any ideas of cause? as nothing special in the trading statements.

[robertfaulkner] 31/1/2011 17:01

Closed above the day's low but at a closing 6 month low, surely this is oversold.

Div might be reduced over next few years but is almost guaranteed and there must be a chance of a bid at these prices?

[robertfaulkner] 28/1/2011 21:51

Not a good day for UU, you would think with the market dropping like mad, safe boring utilities should go up

[pillion] 27/1/2011 15:39

A strong surge in volume from 3 pm today

[mac15] 27/1/2011 13:24

Wonder if the Dow push through the 12000 mark signals the next market pullback.
Uu. ad Svt have taken a big hit recently with no obvious bad news.

[chairman2] 27/1/2011 10:24

The economics of regulated utilities are not as simple
as many suppose. Which is the bigger effect - CPI
inflation or long term interest rates allowed for
in regulatory price reviews?

I very much suspect that the biggest effect at the
moment is the low rate of return allowed for the
big capital expenditure programme. That means the
shares are not cheap.

[beardmore] 26/1/2011 14:19

Prezzemolo: ""....we are going to see a return to defensive stocks soon due to the general economy and high risks in China and commodities.""
Couldn't agree more. The merits of sound Utility stocks will be seen again.

[prezzemolo] 26/1/2011 12:22

I have had this for years in my PEP/ISA and it seems to be pretty solid. I like the Dividend too and I believe that we are going to see a return to defensive stocks soon due to the general economy and high risks in China and commodities. So its a long term hold for me, as it has been in the past.

[pillion] 26/1/2011 08:52

...........In line with United Utilities' existing policy to grow dividends by RPI+2% per annum

the UUG board expects to grow the final dividend for 2009/10 by 5%.

The final dividend for 2009/10 is therefore forecast to be 23.13 pence per ordinary share

Together with the interim dividend of 11.17 pence, this provides a forecast total dividend per ordinary share for 2009/10 of 34.3 pence

[mac15] 26/1/2011 07:38

LONDON (ShareCast) - Water supplier United Utilities has been trading in line with expectations since October, with regulated revenue slightly higher than anticipated.

Though regulated revenue has been better than anticipated, it is likely to be lower in the second half of the company's financial year (which runs to end-March) than in the first half, because of seasonal fluctuations.

Earlier this week sector peer Severn Trent said that the bad weather had slowed its capital expenditure programme, but there was no mention of this in United Utilities' statement, with the company stating that capital investment has continued at high levels, helping the business to meet regulatory and environmental standards.

In line with the planned phasing of the capital investment programme, it is expected that infrastructure renewals expenditure and depreciation will be higher in the second half of 2010 /11 compared with the first six months of the financial year.

The group has headroom to cover its projected financing needs through to the summer of 2012, in line with its policy of maintaining a healthy level of headroom on a rolling basis.

The group's net debt position has improved slightly since the end of September, ahead of the payment of the interim dividend.

"The company remains confident of delivering outperformance over the five-year period," the statement concluded.