Re: Quiet board "Apparently, water companies can reduce the water pressure to houses that don't pay. There should be much more of that going on."How would that be implemented? Are there water pressure valves installed outside every house and flat? Many houses have water meters which are fitted with a one-way valve, but not with a pressure reduction valve. And It is buried deep. Not easy to even take a reading let alone try to fit a pressure valve. And the owner will most likely see you messing with his water meter.
Re: Not the trading update This is an income stock, drip buy in with dividends cash. Annual dividends still to come.
Re: Not the trading update According to ii market close report, United Utilities ended higher after CFRA raised the utility firm to Hold from Sell.Callun
Re: Not the trading update I think it is money moving into utilities due to the general market fall, I have taken the opportunity to sell my holding.
Not the trading update causing this surge in the sp up 7% this last couple of days. A bland "in-line" forecast expecting a modest improvement in the bottom line surely not the impetus.All water utilities up today so presumably there has been an update or a re-appraisal of the likelihood and impact of future Ofwat / govt intentions ... all utilities are stronger today, broker positives on energy companies led by Morgan Stanley, and Corbyn's own stock has fallen. Bond proxies back in favour because a global trade war will take steam out of growth and therefore interest rates?There will be an article somewhere but I haven't found it.Or is it just end of year using up ISA allowances and UU looks cheap?Whatever the reason, very welcome recovery.
trades 16M shares traded on Friday, is it significant?
Re: Quiet board Ofwat should publish the cost to serve per customer and the value within that which represents uncollected monies. We would then be able to properly value the efficiency of each business.
Re: Quiet board ..and homeowners that bypass the meters too.Apparently, water companies can reduce the water pressure to houses that don't pay. There should be much more of that going on.I agree that people should be given more responsibility - but then, they should be held accountable too. At present, they just rack up debts, then claim bankruptcy and it all happens again.An additional should be that when somebody does not pass on Housing benefit to a landlord - then that is THEFT. How the laws of the land consider differently is amazing. I am confidant that the numbers of people not paying for water is on the increase.When does a trickle become a flood?
Re: Quiet board Before the advent of universal credit, water bills could be taken directly from benefits. I suppose that someone in government thinks that people should take responsibility for their lives, unfortunately some won't pay unless they have to. That is on top of builders that make illegal connections to the mains, which happens more regularly than you may imagine. A change in legislation is unlikely for something that is considered to be an essential essential in life.
Re: Quiet board Unsure why the whim of the day is to allow scroats to NEVER pay their water bills....but there you go.I speak to those of the left wing persuasion and they do not want to listen or acknowledge what goes on in the real world. Absolute ostrich syndrome getting the real bill payers shafted absolutely.I know of streets of people not paying their water bills. Needs to come directly from their benefits.....Close to despair to be honest.
Re: Quiet board I put it down to shell shock.What can you say that is worthwhile when you see your investment diminishing day after day because of politically driven whims?Callun
NEW ARTICLE: Best and worst shares in January 2018 "If January is anything to go by, 2018 will be quite a year. We've already seen the demise of LSE:CLLN:Carillion, the share price collapse of LSE:CPI:Capita, and the start of a hostile takeover battle over FTSE 100-listed LSE:GKN:GKN.Amongst these ..."[link]
Quiet board Lots of messages on CNA, SSE, and NG, but not anything on these boards.
Re: Price fall Shrugged, are you on the right board, I will happily accept circa 640FL
Re: Price fall Its looking like its going to head back to major long term support at around 640-650p im afraid its a sell and still firmly in a bear trend with the odd bull trap on the way down.