Eadwig
07 Jun 2019
Head & Shoulders Bottom - Bullish image.png748x956 79.2 KB
paul1945
29 Mar 2018
Director dealing Small comfort +£100k. keeping a look out for JC & JM buying their short back!
Lupo di mare
28 Mar 2018
Re: Update Me - " so needn't expect any sp rise, lol."Whoops, me forgetting about political sentiment.
Lupo di mare
26 Mar 2018
Update Couple of potentially significant negatives tucked away in that; so needn't expect any sp rise, lol.
Lupo di mare
15 Feb 2018
Re: Main buy recommendation in Investor's Ch... Yet another I.C. ki ss of de ath, lol.So why the big falls for the water companies? I don't believe that it's because of inflation risks, as the recent fall in the value of the dollar should reduce import costs.More likely it's the threat of JMcMao and JC's vision for a neo-marxist Britain that's spooked investors, with water being seen as the likeliest target should the nigh tmare scenario of JC and his bunch of misfits getting into power come about. The risk/reward ratio has become weighted away from water.
The Revenge of Meredith Hunter
01 Jan 2018
Re: SP over £9 Well you were right to sell at 918p in retrospect! Although it rose to 944p it's been a steep decline.Now pop into your local WH Smith and check out the Investor Chronicle article. This might be your buy in point.
The Revenge of Meredith Hunter
01 Jan 2018
Main buy recommendation in Investor's Chronicle The IC has a full page article on Pennon this week. It notes how Pennon is at five year lows and this is partly down to the negative sentiment around the next five year review and the possibility of a Labour govt.However it sees bull points in the renegotiating of the Viridor deal with GMC and the fact that South west Water is usually the most efficient out of all water firms.I am tempted to increase my holding which has only risen slowly in line with dividends reinvested.
idontwanttolose
13 Dec 2017
Water Services Regulation Authority So less profit for the water companies!! and less dividends for the shareholders!! IMOAs always DYORDELIVERING A DECADE OF LOWER BILLS AND BETTER SERVICE FOR WATER CUSTOMERS13 December 2017Water customers across England and Wales can look forward to lower bills, improved services, reduced leakage and more help for the most vulnerable in our communities, economic regulator Ofwat has today announced. Publishing the final methodology for its forthcoming price review, which will set limits on the prices that customers will pay for water between 2020 and 2025, the regulator has challenged water companies to deliver more of what matters to customers in the coming decade, by being ever more resilient, efficient and innovative in the services they provide. As part of the methodology, Ofwat has also published an initial view of the cost of capital - based on market evidence - of 2.4% (in RPI terms), which would be a record low for a regulated utility. Ofwat estimates that this reduced cost of capital could result in an average saving per customer of £15-£25 a year from 2020 onwards. Ofwat is challenging water companies to go the extra mile in terms of the services they provide to their customers in the years ahead. Help for vulnerable customers will, for the first time, be an explicit part of a price review and water companies will be required to devise and deliver plans to identify and help customers in vulnerable circumstances; Ofwat will report publicly on these plans. Ofwat is also challenging water companies to improve the resilience of their services. Companies need to plan long term and develop smart solutions to address the pressures of a growing population and climate change. This starts with addressing leakage. Companies are being asked to stretch themselves further than ever before to save 170 billion litres of water a year; enough to meet the yearly needs of 3.1 million people. Water companies must submit to Ofwat by September 2018, a business plan outlining in detail how they will deliver on these challenges. Ofwat Chief Executive, Cathryn Ross said:"Today, we unveil our blueprint for how we will push water companies to deliver more for customers through to 2025. The next decade will see profound changes in customers' expectations and we are pushing the water sector to be at the very forefront of that. The methodology we've published today outlines how we will use our price review to get the very best for customers, through higher quality of service and support for those who need it most, all with scope for lower bills. We've said many times already that this will be a tough price review for companies. We will cut the financing costs they can recover from customers and, with this lower guaranteed return, they will need to more efficient and innovative than ever before. I've no doubt that the sector can step up and meet the challenges we've laid before them today".
Lupo di mare
31 Oct 2017
Polution penalty "LONDON (Alliance News) - UK water regulator Ofwat on Tuesday said it is consulting on proposals to impose a penalty on Pennon Group PLC's South West Water unit for failing to adequately deal with pollution problems, while rewarding Severn Trent PLC for its work to reduce sewer flooding.Ofwat is starting to consult on proposals to adjust the price controls for three of the eighteen water companies in England and Wales, to be applied from April of next year. The three firms are South West Water, Severn Trent Water and Anglian Water.All water companies have committed to improve their performance for 2015 to 2020 based on customer consultation. Companies that underperform incur penalties - such as Thames Water's GBP8.6 million penalty for failing to meet its leakage commitment - while companies that deliver above and beyond for customers can earn outperformance payments.Ofwat is proposing to impose a net underperformance penalty on Pennon's South West Water unit worth GBP2.1 million for failing to deal with pollution incidents across the last two years.contrast, the regulator is proposing a net outperformance award to Severn Trent worth GBP38.4 million after making "major progress in reducing sewer flooding - one of the worst service failures customers can experience". Severn Trent has elected to take only GBP11.4 million of the payment "next year", Ofwat said.Anglian Water, owned by a consortium of investors under parent firm Anglian Water Group Ltd, is to be awarded a net outperformance payment of GBP2.6 million under Ofwat's proposals."Three companies chose to receive some of their underperformance penalties and outperformance payments more immediately after the performance in question and this consultation relates to those payments for those companies. The others have opted to have all their underperformance penalties and outperformance payments combined and applied at the time of Ofwat's next price review in 2019, when we will set the service package that customers will receive and the price they will pay in the period 2020-2025," said Ofwat.Ofwat is proposing that from 2020, all companies will receive some of their penalties and payments close to the performance in question.Severn Trent was trading up 1.4% on Tuesday, while Pennon shares were up 1.3%. Peer United Utilities PLC was 0.8% higher.
Lupo di mare
24 Aug 2017
Re: GMWDA Looks as if there's been horse trading going on, fair enough.
Lupo di mare
19 Jul 2017
GMWDA Here's a link to GM's accounts. The reference to GMWDA is on Note 22 on Page 92.[link]
II Editor
14 Jul 2017
NEW ARTICLE: Best bond funds of 2017 "Our two winners aim to produce high income for investors and protect investors' money when markets fall. Andrew Pitts and Holly Black look at this year's top performers.Best sterling bond fundGAM Star Credit Opportunities GBP1-year return: 14.3%; ..."[link]
Lupo di mare
07 Jul 2017
Rise Up on the back of Centrica takeover chatter, and maybe the likelihood of an interest rate rise receding after today's economic news..
VIDEOMAN_
03 Jul 2017
Reason for sp drop Date: Friday 30 Jun 2017(ShareCast News) - Analysts at Credit Suisse downgraded their view on the UK water sector, telling clients there was a fair chance that OFWAT would be less generous in its next regulatory price review, PR 19
km1
30 Jun 2017
Re: Looking to buy in Lupo, guys, thanks for your comments much appreciated. Think I will be in before ex divi as this appears to me an opportunity to buy on weakness with a divi around the corner to enjoy as well with the sp down about 10% over the last month me thinks a bargain. Yes I could be wrong, it would'nt be the first time CNKS my worst performer! but will be buying for the long term and divi growth which Pennon have stated will grow above RPI for several more years.Thanks again.
