United Utilities Share Discussion Threads

[simongn] 06/6/2018 09:29

Ford don't build cars in the UK either (just engines), the Astra might still be built in the UK though.

[ttg100] 06/6/2018 09:22

down she goes again - what's wrong with these people ????

yup Simon you are right and will have a look at Ford and Vauxhall

[simongn] 04/6/2018 17:36

Hyundai aren't built in the UK, why not support British jobs by buying a Honda, Toyota or Nissan ?

[ttg100] 04/6/2018 13:49

approaching xd so pop expected

[ttg100] 01/6/2018 09:03

you're probably right wad but I have been a day trader for over 50 years and find it really difficult if they don't pop a day later at the worst !!

[ttg100] 01/6/2018 09:00

talking about new cars - thinking about chopping the wife's in so looking for a nice little runabout - anyone know anything about Hyundai? they seem quite nice????? And seen a lot of them on the road lately.

[wad collector] 31/5/2018 09:54

Patience is a prerequisite here I think. And luck.

[ttg100] 31/5/2018 09:22

nope 780 not support - thinking of dumping and cutting my loses

[ttg100] 30/5/2018 18:18

a tenner and I will buy the wife a new car !!!!

[wad collector] 30/5/2018 16:33

ttg as you say , happy to hold. A tenner would tempt me....

[ttg100] 30/5/2018 12:05

get back up you son of a ........

780 seems support at the moment?

[ttg100] 30/5/2018 09:02

not hit now back in the red grrrrrrrrr !!!!

[ttg100] 25/5/2018 09:17

placed limit order a bit higher on all 2500 as will be gains and losses on assorted buys but overall +5% and a small but handy £160 div back in feb as looking to get out of all larger positions in the market and just hold a few tiddlers for a while - am sure wad will hold until the return of the woolly mammoth !!! :-)

GL all

[simongn] 25/5/2018 08:09

Almost like yesterday never happened . . . ;-)

[vatteton] 24/5/2018 14:38

This is one hell of a ride today, I'm actually back in the black

[ttg100] 24/5/2018 12:09

doesn't look too bad to me for a boring old util.
maybe waiting for Pennon and SSE tomorrow ?

[ttg100] 24/5/2018 12:06

and another
"United Utilities profit down but revenue ticks higher
(Sharecast News) - Water company United Utilities posted a drop in full-year pre-tax profit on Thursday, although revenue edged higher.
In the year to the end of March, pre-tax profit fell to £432.1m from £442.4m the year before, a drop the company attributed in part to the disposal of its non-household business a year earlier. Underlying pre-tax profit was down £19m to £370m as the group saw a £40m increase in net finance costs.

Underlying earnings before interest came in at £645.1m, up 3.6% year-on-year, which was in line with consensus.

Meanwhile, revenue was up £32m to £1.74bn and underlying operating profit was up £22m at £645m and the board proposed a final dividend of 26.49p per share, up 2.2% and taking the total dividend for the year to 39.73p.

Chief executive officer Steve Mogford said: "We continue to put customers first. Our approach to vulnerability and affordability is setting new benchmarks for the industry and our sustained improvement in customer satisfaction positions us as a leader in the sector. This year, we achieved our best ever scores against Ofwat's qualitative Service Incentive Mechanism (SIM), positioning us first in the industry in the final survey of the year. Our best practice in this area has received external recognition through several awards, many of which look beyond the water sector.

"The significant progress we have made positions us well as we look towards the next regulatory period and gives us confidence that we can rise to the longer-term challenges resulting from a growing population, affordability concerns and the impact of more volatile weather. We will build on the trust our customers place in us to provide an outstanding service, invest wisely and efficiently, driving further innovation and creating value for all our stakeholders."

At 0915 BST, the shares were down 4.3% to 768.60p."

[ttg100] 24/5/2018 12:03

subbed down "United Utilities grew its revenue by £32 million to £1.7 million in the year to 31 March, with regulatory revenue changes partly offset by the accounting impact of its Water Plus joint venture. Underlying operating profit was up £22 million at £645 million, but underlying profit before tax was down £19 million to £370 million because of a £40 million increase in the underlying net finance expense."

[crt131] 24/5/2018 09:09

Funny old game this. 4 of my shares have results posted today...

PAY +3.5%
TATE +5.5%
WIZZ +4.5%
UU. -4.0%

All more-a-less as expected?

[wad collector] 24/5/2018 09:05

The market doesn't seem impressed , I wonder if to do with the bit
" Profit before tax - underlying profit before tax was down GBP19 million to GBP370 million, as the increase in underlying operating profit was more than offset by a GBP40 million increase in the underlying net finance expense. The increase in the underlying net finance expense is mainly due to the impact of higher RPI inflation on our index-linked debt"

and
"Water Plus JV - during the year, our Water Plus joint venture with Severn Trent has experienced an increase in its working capital arising from data and billing issues following market opening. As a consequence loans owed to the group by Water Plus have increased by GBP17 million to GBP136 million."

Mind you , I still think the share price is more about politics than economics.

[ttg100] 24/5/2018 08:50

just found from yesterday which may explain pop

"Further improvements were seen in the utilities sector, with Severn Trent citing a rise in revenues. In a statement containing full-year results, the water company hiked its dividend and noted it expects both revenues and dividends to continue growing throughout the next financial year."

[joshuam] 24/5/2018 07:44

Results as expected?

[wad collector] 23/5/2018 10:32

Highlighting the long term water supply issues by the Environment Agency today might strengthen the suppliers positions , unless it gives more power to the regulators about leak management.

[ttg100] 22/5/2018 09:11

seems to have a problem breaking 800