United Utilities Share Discussion Threads

[latics2] 19/3/2020 21:05

Rubicon
Buy CNA then if everyone needs to boil their water.

[crossing_the_rubicon] 18/3/2020 11:24

"We are not going to run out of water"

Hope you're correct. But if everyone is staying at home (bar key workers who might well get sick) or if maintenance suffers I'll pass drinking what comes out of the tap!

[wad collector] 18/3/2020 11:10

We are not going to run out of water. But the maintenance might suffer a bit. But enough to reduce profits by the 25% share price fall?

[deanforester] 09/3/2020 11:09

Next in line for trimming in my portfolio. Holding up well by comparison.

[wad collector] 28/2/2020 09:24

Struggling to get a buy back order this morning , eventually got 935 on a limit buy. Must be coronavirus in the system...

[wad collector] 25/2/2020 17:00

In danger of going sub £10 again , must be the coronavirus ; clearly going to have a big impact on our water system.
Or maybe there is realisation of the costs to UU of the flooding on water contamination.

[wad collector] 20/2/2020 09:32

Good news about this flooding is the UU reservoirs are full. Well almost , Pennine only 92% , presume technical not rain limited!

[wad collector] 18/2/2020 09:13

Promising looking rise this morning ; not that far off an ATH.
Been 3 yrs since I sold any here ; 1050 will see some go. I think there is going to be a bit of a pullback.

[wad collector] 29/1/2020 19:44

So they decided to accept Ofwats proposals. And a bit of a dividend policy change.


"In line with UUG's existing dividend policy for 2015-20 (AMP6), the total dividend per ordinary share for 2019/20 is expected to be 42.60 pence.

With respect to its AMP7 dividend policy, the UUG board announces that the group will target growing its dividend per share by CPIH inflation each year from 2019/20 through to 2024/25. The change from the current RPI growth to the lower CPIH growth for AMP7 is consistent with the change to CPIH as the basis for indexing allowed revenues.

This target reflects a detailed assessment of the final determination, including the lower allowed regulatory return for AMP7."


The share price has moved to a 2 yr high , though way off the highs of 2000 if you factor inflation in. So a 4.2% yield to enjoy with little medium term risk. But future more Left wing governments will risk the long term future again. Could easily lose 5 yrs dividends in that scenario again. But I suspect most of us will worry about that in the future and see an opportunity for significant capital gain in the meantime. Roll on £11....

[mach100] 17/1/2020 09:31

The current price is a relief as my investment has been underwater for a long time. I couldn't believe how low it sank but with the idea of nationalising utilities no longer being floated, the nice divi means UU. are a safe proxy bond for investors. No reason this can't hit 1050p. The only thing that might make investors bale is the acceptance or not of Ofwat's final determination within a month now.

[wad collector] 17/1/2020 09:01

Knocking on the £10 door today , good to see it back up there after almost 3 yrs.

[wad collector] 23/12/2019 17:55

£10 now looks a given in the New Year if you don't look too hard at the Ofwat numbers.
Worth looking at the different papers review of Ofwat ; vary from Telegraph saying dividends will be slashed to the Times who think the companies will appeal but also that the 5 yr business plans will make the increased certainty appeal for acquisitive 3rd parties.

[topvest] 16/12/2019 20:11

A surprising bounce today. The allowed cost of capital is 2.96% which is 16 basis points lower than the interim determinations. The next 5 years will be tough for water companies, albeit they have had a very good time for too long! Dividend cover will be tight.

[wad collector] 16/12/2019 14:31

Looks like the market thinks better than expected currently up 12p.
Xd14p on Thursday. For the first time in 2 1/2 yrs I am finally back in the blue here.

[crossing_the_rubicon] 16/12/2019 11:21

@Wad



It wont be as bad as you expected nor will it be as good as you hoped!

:)

[wad collector] 16/12/2019 11:16

I think you need enough time to read the Ofwat document - I cannot even download it today!

[alphorn] 16/12/2019 09:17

wad - what would be your preferred stock between SSE and UU today (or another utility)?

[wad collector] 16/12/2019 08:33

..or maybe not as Ofwat report.

[wad collector] 13/12/2019 12:16

Moved to 2 yr high now that Corbyn's nationalisation plans have evaporated. The political involvement of Ofwat will always be a factor here but look forward to a good earner again for at least 5 yrs...

[manc10] 09/12/2019 10:17

where is stinks the troll another disaster he has bought

[stavros28] 28/11/2019 10:14

Waiting on a pull back .

[neftanikstinks] 20/11/2019 12:52

happy times

[alphorn] 20/11/2019 09:15

Results a bit boring - but boring is good with UU.

[claretmatt] 18/11/2019 21:27

Why would it take off if the Lib Dem's got in? Everyone going for a safe bet while the Lib Dem's play havoc?

[arja] 18/11/2019 15:06

still moving higher and must be because the chances of a Corbyn government are receding . I say sadly as I despise the nasty party but prefer LIb Dems as a remain party . Imagine how share prices would take off if Lib Dems got overall majority - no chance of course as many sheep will blindly follow the old parties