sp prediction.. Well, 850 was breached last week but has now set up strong resistance at 853. I was surprised to manage a couple of intra day skim trades. Looking for more at current re-entry price of 839 since the upward trend is still intact.
sp prediction.. Currently @816p so I got my predicted 40p rise (plus a 14p divvy in December. Very near to 2018’s high of 825p or thereabouts so could surge past. I’m staying put for now … politically things can’t get much worse.
sp prediction.. Nearly half way into your predicted rise. Nice to see that steady rise from the 670 region mid October. A bit of a hiccup when the brexit deal was announced but seems to have recovered well since. 850 would see me at break even, but happy to pocket dividends as that was the reason for buying the shares in the first place. Current upward trend seems to be disregarding the threat of an early election.
sp prediction.. Currently @776p and poised (IMHO) for a 40p increase once results are digested. Taking a bit longer than I expected to close the gap to 850p but no surprise when UK and sterling is being punished. Results report “significant†progress and profits after tax up 23%. Also a strong defensive play against all the Brexit shenanigans. Good time to be in I reckon.
sp prediction.. Currently @763p, although with recent divvy received effectively @789p. Lots of fires on moors and boiling hot temperatures will mean using up lots of UU water supplies. Rain will come soon to refill reservoirs and profits will be significantly up next reporting period. Good time to be in I reckon.
Re: sp prediction.. Year To Date High So yeah, that dip lasted a few hours, not a week ... must get a new crystal ball.Currently @825p - Year To Date High, that's my 2nd gap filled. Good momentum.Next gap for me is 850p then 870p.Enjoy the rid
Re: sp prediction.. Early negative reaction to the results that saw the SP 5% down has all but evaporated in a few hours, let alone a week. Looking good for further rise into the divi and brief buying opportunity gone for now.Callun
Re: sp prediction.. Results beat analysts but as sometimes happens, a weird mkt reaction. SP was approaching Year high so time for a lull and to breathe and profit slice. Back to 800 and beyond very soon. Markets maybe they hoped the divvi would be increased by more? Reckon the dip will be gone in a week.An excellent BUY opportunity ... no brainer, I will be stocking up.
Re: sp prediction.. Sound advice, UD. It was over excitement that made me buy at too high a price a year ago. Even at that price though, the divi still beats the abysmal rates of interest offered on high street deposits.Looks like another dip has started though, thanks to today's results. Knee jerk reaction to reduced profits, or start of another steady decline, would you say?Callun
Re: sp prediction.. Cal me ol' son,My advice to you is drink heavily and never get too excited on water company shares but as Arfer Daley would say they're a nice lil earner. Still a bargain at 8 quid. Tenner coming back no problem m8. Made a lot on these over the years buying on dips and selling on highs.
Re: sp prediction.. There's your £8 predicted a month ago. Well done.Having bought at a higher price though, I'm lookin forward to the second part of your prediction coming true before getting too excited.That 850 to £10 just about coincides with the old trading range before the big dip which started about a year ago.Good luckCallun
Re: sp prediction.. Boring plodding water company eh? Up 25% on lows of 3 months ago. Turnaround well on the way now.Great results from SVT helped today. Gap to 800p closed as I predicted. Next gap 824p not far off. Still, a strong buy. Looking forward to more steady rises and nice big divvy worth about 3% on 14th June and then if the SP falls too much I will add some more. Had a quick look at brokers - targets range between 850p to £10.
Re: sp prediction.. Wow closed at 737.6 - my portfolio winner of the day - never expected that from a boring old water company! Seems the mkt has finally realised these are significantly oversold. Water is a vital resource.
Re: sp prediction.. Today SP hit 732p so turnaround is well on the way and gap up to 800 to close soon. Then back to £10. Just a matter of time and patience. Buy some now. You know it makes sense.
sp prediction.. +10% short term to about 800p, then to 900p if Labour remain (no not that Remain)as they are.....source of my information is PG Tips xstar