EVPorated
10 Jan 2018
Price fall UUW has fallen more than the other quoted companies, perhaps the market doesn't see that management is able to meet the challenge of a reduced WACC. This company needs to take a serious look at its cost base, the use of contractors for most network activities incurs a heavy management cost with no real way of reducing contractor cost. A back to basics review is needed.
Akis1999
10 Jan 2018
Re: Take over 3. Where would the money come from? he can't just take them back into Gov hands as most are fully or partly owned by overseas companies. ********** ********** **You are talking about the government. Sovereign governments print their own money as and when they need it. Past 2008, the BoE has printed at least £375bn if I am not mistaken.
batteryman15
10 Jan 2018
Re: Take over I doubt that a takeover will happen.With Corbin threatening to renationalise the utilities who would went to buy UU? However to renationalise the utility companies:-1. Corbin will need to get elected 2. He would need to get the financial institution backing as this is where are a lot of our pensions are invested? 3. Where would the money come from? he can't just take them back into Gov hands as most are fully or partly owned by overseas companies. Can't see renationalisation happening nor a UU take over at the moment but who knows?
great bull
09 Jan 2018
Take over With every drop in price of this share, the chance of an outsider coming in and making a predatory move increases, it has now dropped 20% in a very short time period, to me it just seems like a matter of time before this happens, could be wrong just a feeling taking into account past attempts within the industry.
EVPorated
24 Nov 2017
Re: Trading Update The primary reason for the recent downgrade of UUW is the perceived ability to repay it's debts, to add to the debts in addition to employing in house staff to procure and maintain the systems seems to be something outwith the role of a water company. UUW spent several years reducing the company scope to focus on core business and to make these investments seems to be a retro grade step. Water and wastewater are a difficult enough business to manage without having management focus diverted to non core activities. After all it is only 1 year since many thousands of customers were drinking from bottles due to a mismanaged network.
Bowman
24 Nov 2017
Re: Trading Update I am sure that they looked at the various alternatives, covering self investment vs contracting out, and apparently concluded that the financial case (among other aspects) indicated that self investment was the best approach.It is an effort to reduce costs rather than a corporate realignment from water/sewage services to becoming a major electricity generator. Using external Companies does not provide the capability to control internal costs, especially as the external Company pockets any benefits and can easily ratchet up costs.UU. is a large electricity user, and is susceptible to increases in charges for this electricity. Generating the electricity themselves reduces this impact.However, I do agree that debt servicing costs can negate many of the benefits, especially if interest rates were to rise dramatically, so it is extremely important for UU. to manage their debt carefully.
EVPorated
24 Nov 2017
Re: Trading Update UUW should not be borrowing more money to fund solar arrays on reservoirs and its offices. The payback is measured in decades and UUW would do better to rent those sites to a company who could then sell back the power, or even better just concentrate on minimising borrowings and increasing productivity.
EVPorated
23 Nov 2017
UUW v ST & Pennon Little wonder that Severn Trent is surging ahead of UUW, ST dividend up by 6% v UUW 2.2%. UUW needs to make a substantive change if they are to keep up with ST and also Pennon who have a 4% dividend increase policy.
Uncle Doug
22 Nov 2017
Trading Update <<<<<<<<<<<<<<United Utilities nudged up its first-half dividend after revenue and underlying profits rose.The company declared an interim payout of 13.24p, up 2.2% from 12.95p in the previous year.Underlying pre-tax profit rose 5.7% to £160.1m, as revenue rose 2.7% to £876.0m."As we turn our attention to the next price review for the period 2020 to 2025, we are engaging with customers across our region to understand their needs and preferences and to formulate plans that best satisfy those needs," chief executive Steve Mogford said."Affordability will be key, balanced against resilience to climate change and population growth in our region.">>>>>>>>>>>>>>Divvy up 2.2% and inflation at 3% so not too good, but at these prices yield is a chunky 5% and downside risk is minimal IMHO.
shugg1e
21 Nov 2017
Great day trade In and back out all done in 30 minutesJob done.
TarzansNuts
21 Nov 2017
Re: Screaming Buy Just bought in @ 782p - half year results tomorrow so hoping for a quick boost from here, but happy to have got in at this price, looking forward to the dividends
shugg1e
21 Nov 2017
Re: Screaming Buy From your rec on Friday at over 800p you can bag them this morning at 766p Next support is 753p lets see if it holds
soi
21 Nov 2017
Re: UU trades thread HelloI`m sorry for not updating earlier.Last Tuesday I had a bad day of computer/internet/ IG trading platform problems.Had an IT skilled friend try to help but to no avail.In a mix of frustration and some rage, closed all my derivative trading positions just prior to the close. Including UU.I took a loss on my open positions, closed at about 834.Had an IT tech guy sort out the problem the next morning, ( keypad driver, means little to me )Mentioned on a few other iii boards, forgot about this one.Looks grossly oversold to me, unless of course there is another GE ( pls no ) and Labour get in and carry out their threats.Very tempted to re inter.GL to those in.soi
EVPorated
20 Nov 2017
Core services UUW would do well to return to its core business, it is investing big money on solar arrays for in an effort to reduce running costs. Why not just let someone else invest the money and UUW then just buys the energy. Water and sewage companies should be just what it says on the tin, not a speculative business borrowing money with decades before a payback.
riverside red
18 Nov 2017
Re: Screaming Buy The share prices have been decimated on Tory threats and indecision, any labour threat is yet to be seen IMHO.
