great bull
15 Jan 2016
Re: Strike looming 42% in the final salary scheme, but the unions are stating that it is not just the people in the final salary that will be affected, it is the start of the company cost cutting so it becoming a line in the sand that must be not crossed. Overtime is also being slashed with people that are not on contractual overtime at weekends etc, the company has angered the work force over the last few years with morale being as low now then at any other point that I can remember.
yoda master
15 Jan 2016
Re: Strike looming Divide & Conquer!Less than 40% in the Final salary pension scheme!Can't see a majority wanting strike action!
great bull
15 Jan 2016
Strike looming Management upsetting the loyal workers by proposing to stop the final salary pension, union have had a 97% vote to vote for industrial action. Watch this space.
EVPorated
25 Nov 2015
interims I wonder how much revenue UUW has given away to become a competitive water provider in Scotland? I can't believe that becoming a player in that super competitive area is something that will drive earnings forward. UUW need to concentrate on getting it right in their patch instead of paying out £M to build a business that is unlikely to pay its way.
Hardboy
23 Sep 2015
Pre Close Trading Statement Utility Companies' news are so gloriously boring! Even in a half when something significant happens - like the water quality problem - the updates are always, "We are trading in line with expectations!"In uncertain times, this is reassuring.
Ingenious Solutions
31 Aug 2015
Re: Boil water notice I'm with you on that md. Not all problems can be solved by pressing the reset button. I think thevye done pretty well. Their mistake was probably in 'managing expectations'.
merce dismal
31 Aug 2015
Re: Boil water notice So UU have nearly solved the cryto problem in 3 weeks....pretty good when you think it took the Swedes a couple of years to solve a similar problem and another UK water co some 2 months to solve a crypto problem too. Seems to me many greedy investors are after "Short-Term" fixes to everything. In the long run...that does, literally, not pay dividends. Well done UU and may you continue to rain down those brilliant dividends.MD (Master Drainer)
Ingenious Solutions
26 Aug 2015
Re: Boil water notice " Be interesting to see what falls out of this total shambles."They'll recover just like they always do. A lot of companies suffer disasters, learn from it and carry on. South West Water putting chemicals into the wrong tank and turning peeps hair green, BP disaster in the Gulf etc. Running a utilities company is more complicated than you think and UU dispose of polluted water (sewage) as well as supplying drinking water. There will be some compensation to pay of course but it won't cause the company to fold.
EVPorated
25 Aug 2015
Boil water notice I see that the directors are still able to rake in the share options even though they can't seem to be able to manage a monopoly collecting and delivering drinking water. Maybe they spend their time counting money and shares instead of concentrating on their real jobs. Be interesting to see what falls out of this total shambles.
Hardboy
25 Aug 2015
Re: Value "I've been thinking the same thoughts about BT and Standard Life" and many more - I read St James's Place newsletter yesterday, and they gave the example: "We reflect on the weekly fall of over 10% in the share price of St James's Place as a good example of the indiscriminate nature of market reaction, which has come despite the fundamental attributes of the company being unchanged."Some businesses with interests or investments in China, or related to commodities, may genuinely be affected by recent moves (though the devaluation was small, and the Chinese economy is still growing at a healthy rate in comparison to the developed nations) but most of this market rout is just a good buying opportunity.
Mike in Horwich
24 Aug 2015
Re: Value Hardboy,I agree with you. I've been thinking the same thoughts about BT and Standard Life. Both dropped again today.Re. compensation for the cryptosporidium (is this not really a Harry Potter spell?) it will be a hit for the profits but not massive in my opinion. Now has to be a time to consider dripping money into these basically solid shares.
Kool Keith
24 Aug 2015
Re: Value Water issues still not resolved and compensation will be being looked at.£15 million been quoted but then there's the cost of removing the bug (don't ask me to spell it), by UV equipment.Regardless of the above I do agree UU is a good buy, even more so this week.
Hardboy
24 Aug 2015
Value A company's share price is a measure of its value. The value of a business should depend on its profits, its cash flow, its asset value, and its prospects. So China is slowing down. Oil prices and other commodity prices are falling. How does that affect the profits, cash flow, asset values & prospects of a UK based utility company? Lower commodity prices should mean lower costs, otherwise there should be little affect. The UK economy is growing at a healthy rate we are told. Yet Mr market thinks this business is worth 4.5% less than it was on Friday. Do your own research.
Ingenious Solutions
12 Aug 2015
Re: poor I'm still showing a 46% rise in SP and have enjoyed good dividends for the past 5 years so I'm happy with the investment. I wouldn't worry about short term fluctuations. Equities are always see-sawing for no apparent reason and it's pointless trying to sell and buy to take advantage of ups and downs - you'll nearly always lose in the long term unless you're extremely lucky and incur dealing costs. But then, I'm a pick and stick investor and frankly have better ways to occupy my time.
Kool Keith
12 Aug 2015
Re: hopefully just a precaution Hundreds of thousands (300k) of households across Blackpool Wyre and Fylde (and Preston) will get compensation for having to spend at least a week boiling their water before using it.United Utilities customers were told last Thursday a bug had got into the supply which can cause sickness.The company says it will make up for the inconvenience - which will continue until at least tomorrow evening.The firm says businesses who've lost money will be looked at on a case-by-case basis.
