United Utilities Share Discussion Threads

[tuftymatt] 30/5/2022 16:12

I think it will come Geardown.
Many off this week and no stateside action to guide us today either.

[geardown107] 30/5/2022 14:07

Funny old day today, with approximately 3 weeks to go before quite a good divi, I'd have thought we'd see a slight recovery.

[tuftymatt] 29/5/2022 12:27

Positive write up 👍🏻

[brownbear3] 29/5/2022 10:36

From the mail today . Reporting its full-year figures on Thursday, United Utilities went in hard on the higher cost of living, pledging not to raise average annual water bills despite inflationary pressures. The business, which supplies the North West with water, said it was offering customers more support than ever before, as pre-tax profit dipped due to the firm's high borrowing charges. Shares fell a whopping 7 per cent in early trading on the day and at £10.44 are still some way off April's £11.77 high point. Despite this fall, United Utilities has many of the good points of others in the sector. It has inflation-linked revenues and a solid dividend yield of about 4 per cent. This week's fall puts the shares below the price targets of many analysts.

[klotzak] 27/5/2022 18:23

Misread the chart and bought an hour too early. All in after costs and tax, 1037 per share. Now gonna sit still for the divi.

[pander45] 27/5/2022 09:49

They must be looking to buy a few I would say.....

[klotzak] 27/5/2022 08:50

Spot on, market is unhappy anyway today but it was only a little bit I was looking for. It may be that point now!

[tuftymatt] 27/5/2022 06:59

You could be right Klotzak but I personally think this will do what many firms that announce results lately have done. Fall on the news then recover over the coming few weeks when they move out of the headlights.

Long term this is a safe place to be and I am happy at 1040 even though there could be a better opportunity to get in today or next week.

[klotzak] 27/5/2022 06:50

Never catch a falling knife!There's a little more to fall yet

[brain smiley] 27/5/2022 01:33

PanderThe Jefferies comment was on the CMC platform;that's why UU was down over 7%.

[pander45] 26/5/2022 19:51

Revenue up, profit up and divi maintained, bad debt down. Nothing to see, boring, just as it should be.

[pander45] 26/5/2022 19:48

Link? I don't see a profit warning?

[brain smiley] 26/5/2022 15:48

Jefferies says UU has announced a profit warning today due to cost inflation;£60 million hit to profits - materially below broker forecasts.

Even the Utilities aren't immune and they have very high PE.Pennon announces on Monday.

[tuftymatt] 26/5/2022 10:27

I am in today having been watching for a while.
1080 was what I previously wanted but to get in at 1040 has to be a good thing in the long term.
Divi at almost 4% too so once the dust settles here we should move back over £11 quickly and before 23.06 imo

[pander45] 26/5/2022 10:14

Results are fine. Overreaction.

[claretmatt] 26/5/2022 08:23

Down 6% on little to no volume.....

[nerja] 26/5/2022 08:15

Ouch, these have gone down well

[tuftymatt] 06/5/2022 14:40

I think so Pierre and hopefully I will get my entry price very soon too.

[pierre oreilly] 06/5/2022 11:23

Just bought back the other half of the ones i sold a couple of weeks ago, just tidying up getting them all in one isa. Should be safe ... i hope.

[tuftymatt] 25/4/2022 15:32

This one is holding up well considering the wider market. I am holding for 1080 but am kind of thinking if it didn't get sub 1100 earlier today then maybe it won't as it's a good defensive hold.

[alphorn] 20/4/2022 14:01

Added more this afternoon.

Very bearish in general but Utilities probably safe-ish.

[wad collector] 20/4/2022 12:52

My journalist friend tells me that when she wants to enhance a piece she invents quotes and gives vague attribution. No-one can disprove the source, she could claim confidentiality and sometimes it will provoke an official denial.
But I do think the sewage issue is one that is gathering steam and most people think outrageous that there are so many discharges. As to who ends up paying, that is another Q.

[tuftymatt] 19/4/2022 12:09

Have this on my radar and am looking for 1080.
Interesting post above but I can't see that happening, big political pressure I mean.

[wad collector] 18/4/2022 14:21

BBC headline today
Sewage: Ban water firm bonuses until discharges end, Lib Dems say

Perhaps more concerningly is this quote;

"We are clear that we want water companies to spend more on better infrastructure and far less on pay-outs to shareholders," a government source told the BBC.