United Utilities Share Discussion Threads

[rb5] 23/2/2018 12:40

ttg - I don't have access to that email acc anymore, forgot password and MSFT make you jump thru hoops so binned it off. You can send messages thru the envelope symbol up at the top on here.

Support worked a treat at 650p area, now starting to base nicely. Dare I say it but looks ok for a push back up. A couple of closes over 700p should be enough for the buy algos to kick in.

[wad collector] 22/2/2018 09:45

I think this is another dampener today on bbc news

"Environment Secretary Michael Gove has warned water companies he is ready to give their regulator new powers if they cannot address public concerns over prices, leaks, executive pay and payments to shareholders.

Mr Gove has written to Ofwat, the water regulator, asking it to investigate each of the areas.

He told the BBC that he was ready to give Ofwat new powers.

Mr Gove said concerns were "not a chimaera" and would be taken seriously.

The privatised water companies have come under attack in recent years after studies revealed they had increased their levels of debt and paid out big dividends to shareholders.

Water bills set to fall from 2020

Bank left Thames Water with £2bn debt

Thames Water fined £8.5m for leaks

A study by the University of Greenwich found the companies had earned about £18bn in pre-tax profits over the past decade, and paid out about the same amount in shareholders.

Water prices have outstripped inflation by 36% since privatisation, Ofwat figures show.Sir Ian Byatt, the first chief executive of Ofwat, said if he were still in the job he would insist on an immediate 10% cut in prices.

He said the regulator also needed to bring in a form of dividend cap, where if payouts to shareholders became too great, prices would be cut accordingly.

That would ensure the benefits of privatisation were "shared with customers, not just financiers," he said.

At the same time there has been concern over action on leakages and pollution, particularly at Thames Water, which serves one-quarter of the population."

There is more but you get the flavour....

[ttg100] 16/2/2018 10:29

>> rb you have mail

looked at divi before when started buying and even then was yielding around 4% with a whisper of increased rates by BoE but now pushing 6% and must take at least 3/4 years to get to that with bonds so must be oversold by now - only problem is bought so many on the way down is very large part of my (presently quite small) portfolio of stocks.
really tempted to buy a load more at this level so left a buy order just below 650 to see what happens
- please don't post a load of "falling Knife" remarks as seen them all over the past 50 years trading - sensible comments like rb5's appreciated.

[rb5] 15/2/2018 12:51

650p alert went off!

ttg - don't think so, prob had 10 different accounts since then lol

This is a weekly chart and as you can see it has strong support going back to 2012/13. Hard to believe its 5 years ago, feels like yesterday lol

Very oversold now as well. Would like to see it consolidate here before a move back up otherwise there is something seriously amiss. I'll only buy once price closes back above the 5 and 8 ema's on the daily chart but it might attract the bottom fishers.

[alphorn] 15/2/2018 12:37

Don't know Fangorn, but not good.

[fangorn2] 15/2/2018 11:53

Wow this keeps dropping.
Very tempted to take a nibble but wondering whether it's more than just a tick up in interest rates and a long shot of Corbyn getting into number 10 that is sending this lower

[ttg100] 15/2/2018 08:54

looks as though rb5 is correct and holds around 650/60

[alphorn] 14/2/2018 16:01

At least no lower today. ;)

[ttg100] 14/2/2018 09:22

Not too unexpected tickle up after yesterdays low
gawd knows what happens from here

[ttg100] 14/2/2018 09:21

"United Utilities Group PLC (UU.:LSE) set a new 52-week low during Tuesday's trading session when it reached 663.40. Over this period, the share price is down -28.88%."

[ttg100] 14/2/2018 09:19

from FT
"Bond proxies including United Utilities and Severn Trent have retreated in response to higher bond yields and hawkish UK inflation data"

[ttg100] 13/2/2018 14:13

hola m8
Good to hear from you and you are getting browned in the sun - I am not at all jealous !!!!! as just back from 9 holes in the pouring rain and hurricane force winds.
Keep looking at dumping our weary old bones somewhere warm but still investigating how I can take my pennies with me when I go under :-)
Ta for info on UU. will give them a bit longer and then may just dump the lot and look at something else - have an eye on GSK LLOY and QQ. at the mo but not sure - currently 90+% cash so a bit itchy fingered.
Keep in touch - do you still have my email?

[rb5] 13/2/2018 09:20

hola ttg, yes still here and resembling a leather handbag now lol, how you doing?

All the Utils are out of favour at the mo and being dumped. Yields are attractive down here tho. If you look on the weekly chart UU has big institutional support a little lower down so I think that will cap any further falls. I'll be picking some up 640-660p area. I wouldn't sell here if you're holding unless that area gives way

[ttg100] 13/2/2018 09:00

whoa welcome back rb - still in the sunshine?

not sure what to do with these now as holding more than really wanted and seem to be slowly slipping away every day. May just sell half at a loss and put the rest in the drawer and forget about them for a couple of years.

[rb5] 12/2/2018 11:34

Big support at 650p, fancy it will see a test of that soon before the upturn begins

[alphorn] 12/2/2018 11:21

My safest share is the most underwater (pun intended). :(

[wad collector] 09/2/2018 14:17

Reservoir levels currently at 94.2% capacity ; don't think a drought imminent! Not sure that would actually help the share price in any case. I think the answer lies in Westminster.

[penycae] 09/2/2018 10:27

Don't know what it'll take to get these back in favour. A drought I presume.

[ttg100] 07/2/2018 17:43

good boy - now start going again

[ttg100] 07/2/2018 09:06

3rd top riser in FTSE so bit back this am

[simongn] 07/2/2018 00:05

It's all temporary until you realise the profit/loss . . .

[cutlosses] 06/2/2018 22:16

Didn't think this would dip under £7 .
American Markets back up at close so probably temporary

[ttg100] 06/2/2018 11:48

if I didn't have so many already would be tempted here

[justiceforthemany] 06/2/2018 10:28

Ridiculously low valuations now across all utilities. 5+ year lows across the board. P/E 11-12.