Re: Screaming Buy Labour will fight the next GE on a nationalisation programme.If they win a mandate the efficiency or otherwise, debt etc makes no difference.That is what they will do.And it may also be worth noting they will not guarantee to pay the .. market rate.However, sector share prices would be decimated on a Labour vicorty, or if itlooks likely, so the initial cost of nationalisation may be a lot lower than expected.
Re: Screaming Buy But what if they get a mandate||||
Re: Screaming Buy re the intention of a Labour government to re-nationalise the utilities - yes I am sure this weighing in the share price, but the reality is they would not be able to afford it without creating a huge public debt, and for what ultimate benefit other than an ideology. Does anyone really think crackpots like Corbyn/MacDonald could run utilities better for the nation... They can't even manage a political party.. I know - "Lets have a debate" on it...
Re: Screaming Buy Hi all Could it be that the current weakness of the HMG and the spectre of the labour party getting into power with John Macdonald as chancellor taking back the utilities into public ownership, have something to do with it?
Re: Screaming Buy Uncle Doug,Most amusing. SP has fallen ever since that IC comment.Agree that today's fall suggests it is oversold and have also topped up at 792. However, this sustained fall since the IC comment must have a reason behind it other than the usual IC jinx, surely.Other utilities are down today, particularly water, but UU seems to be the worst hit.Callun
Long 787.3 Looks oversold.Have a great weekend
Screaming Buy Fill yer boots. I'm in heavy here. They will come back ... and in the meantime pay a nice divvi.The last IC recommendation on United Utilities Group PLC shares was Buy at 1,035.00 on 30 May 2017
Re: UU trades thread Got some more for the long term @805.
HSBC downgrade HSBC today downgrades its investment rating on United Utilities Group PLC (LON:UU.) to hold (from buy) and cut its price target to 900p (from 1000p).
So, what's caused this rather large drop in the sp?
Re: UU trades thread Hi soi,Well done, again.It wasn't that I didn't believe you, just that the market took a while to react.I topped up at 829 on the way down, so missed the bottom (real shares, as I don't SB), with the intention of selling into the anticipated bounce, since the general trend is still downwards. Unfortunately, unlike SB positions, a larger rise is required to cover costs, so need a few pence more before closing.Hopefully it will benefit from a rise towards the December divi and a Santa rally.Good luckCallun
Re: UU trades thread Investing rather than trading so have increased my UU holding by 30% this week. It's dropped my average price down as well and looking forward to a gradual return to recent SP values. Solid dividend payments will calm any nerves during the down times.
Re: UU trades thread Investing rather than trading so have increased my UU holding by 30% this week. It's dropped my average price down as well and looking forward to a gradual return to recent SP values. Solid dividend payments will calm any nerves during the down times.
Re: UU trades thread 829.3 long.It is oversold..............................836.7 closed + 7.4ATBsoi
Re: UU trades thread 836.3 longOversold.I did say..........842.7 closed + 6.4ATBsoi