United Utilities Share Discussion Threads

[wad collector] 08/1/2015 17:34

Unloaded another lump at 939.
Yes ,I may be making a mistake and watch them cruise to a tenner , but I will risk it with expectations of a buyback opportunity in the near future .Sometimes you have to be decisive.

[wad collector] 07/1/2015 13:45

Sharp rise today , the current yield of 3.9% is no longer as impressive as it was , I am tempted to unload some more if we hit new highs again.

[wad collector] 23/12/2014 10:25

Perhaps I should have clarified that the "capital loss" is predictable if you hold them to maturity.
Either way I don't buy them , nor spread bets , nor lottery tickets!

[pierre oreilly] 23/12/2014 09:43

In fact my tr21 have a guaranteed 35% capital losss over the next 6 years!

[lord gnome] 23/12/2014 08:41

But gilts are indeed subject to capital loss, wad. I would not be a buyer of gilts at current levels. Any rise in interest rates will see the prices plummet rapidly.

[wad collector] 22/12/2014 23:50

It is good that we all have differing strategies , otherwise the market would be predictable and no-one would profit but the brokers and MMs. A crucial difference from Gilts is that this is still vulnerable to capital loss even if it is a good long term investment.
Seasonal greetings and I will go and see if I can buy some wine women and songs.

[pierre oreilly] 22/12/2014 18:12

Wad, no it doesn't follow that you never sell! As soon as a better use for the money turns up, then sell. I think it's implied that the timescales are in several years, and looking at that timeframe with all the uncertainties, ime, better opportunities don't crop up very often. Also, a better use may be to spend it on wine, women and song, or simply fritter it away (thanks George!) - before your beneficiaries do!.

[lord gnome] 22/12/2014 15:23

Very true Pierre. That's why I bought into UU. initially. I invest mainly for income and I reinvested my sale proceeds elsewhere with a higher yield. I thought UU. had run out of steam, but as you say, with gilts offering 2% max the rock solid divi on UU. looks very tasty by comparison. It will be interesting to see what happens to UU's share price once interest rates start to rise again. That could still be someway off into the future.

[wad collector] 22/12/2014 13:25

Agreed it is a reasonable tactic , but the logical extension is that you NEVER sell them , in which case there is no point in taking any notice of the share price and let your executors sort it out!
I just put another sell limit order in for 939. I don't think this price will be sustained and hate watching paper profits fall away.
It is not going to go Xd again until June so plenty of time to buy back beofre then.

[pierre oreilly] 22/12/2014 12:17

lg - my view is that this is much like a gilt, an that's keeping the price up. Much of the return is government backed, so probably as safe as equities get, and that is very attractive compared to safe returns elsewhere.

I think for a couple of years now we've had every few days someone selling and saying it's at a peak and going to go down. Not sure why people always get the urge to sell unless they have a better use for the money - if you hold a company like this long enough (several years), and things pan out as hoped, then the divi income can be very significant. My view these days is that you're unlikely to get rich quickly with shares (unless there's another 'tech boom', but it's certainly possible to get rich slowly by simply doing nothing with lowish risk sort-of government backed income stocks.

[lurgy] 22/12/2014 10:06

Does anyone know more about the fracking land story which someone mentioned a few pages up?

This:

[yogaboy] 22/12/2014 10:04

Hindsight is a curse! It's never wrong to take profit.

[lord gnome] 22/12/2014 09:38

And still it goes higher. What on earth is driving it up? The valuation has now gone way beyond fundamentals. I was happy to sell out at 911.5 thinking I had got a very full price. Hindsight now says it would have been much better to hold on.

[wad collector] 19/12/2014 13:50

Decided to sell some more ; 925 will do me. Selling at a 15 yr high cannot be a bad time to sell and suspect there will be more pre- election shenanigans that will destabilise UU next yr.

[wad collector] 19/12/2014 08:27

We are about to hit a 15 yr high despite the xd. (Though I am not sure quite how advfn have adjusted the chart for the share reorganisation in 2007)
Allowing for inflation we are still well below the haeady days of the 1990s.


free stock charts from uk.advfn.com

[kilgallp] 18/12/2014 15:50

Phil, something went awry on my machine and I had then to go out, it should have finished... 'he just can't believe how much change you've given him!'. It was true.

I left the north west, after college, chasing work, finally ended up in West London. In my local, your order would be somewhere between £9-£10.

Not surprised you cleared the wine shelf, I know I would have. These days only drink sauvignon at home, though do like a beer when out at the local.

[philo124] 18/12/2014 12:07

Kil, Cotswolds. I was in Malaga at w/e and bought some nice sauvignon blanc 13% from Aldi (lol) cost- EURO 1.09. Cleared the shelf needless to say.

[kilgallp] 18/12/2014 11:00

Phil, I don't know what part of the country you are in, but sounds to me like you got a bargain. In my local you'd get very little change from a tenner.

I remember years ago, going for a drink with some work colleagues after a meeting we had, in Chesterfield. I got the first round in , and when the landlord gave me the change, I looked at the money in my hand, the landlord commented 'you not trust me?', before I could comment one of my colleagues said 'he just can't believe

[philo124] 18/12/2014 09:28

Yes wad, I was only telling someone yesterday that you could buy a pint and packet of crisps WITH a pickle egg for 2 shillings in the 70's. I had just paid £6.80 for a pint and half of cider and 2 packets of crisps. That's inflation for you or, maybe, a rip off more like.

[wad collector] 18/12/2014 08:41

Xd half a crown today. To those younger people that is two shillings and sixpence. A worthy sum I recall , once. 12.5p today .

[darias] 17/12/2014 11:44

Challenging the all time high of 1998. Interesting times.

[wad collector] 17/12/2014 11:31

Just sold some on an old limit for 921.
Not much else is on a high in my portfolio at the moment. I expect a buyback opportunity wil present itself.

[wad collector] 16/12/2014 11:19

Touched an new one year high this am and heading back that way. Defensive buying I suspect with the ofwat uncertainties largely resolved.

[deanforester] 12/12/2014 11:01

Compared with others, they have got off fairly lightly.

[wad collector] 12/12/2014 10:09

The Market seems to like the Ofwat statement. Wonder if UU will challenge it.