Market sort of going side ways of late

But I'm amazed that this one has hardly moved up In the last week

30p divi due tomorrow.

Anyone else watching these?

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Nothing obvious!

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Who would have thought it 20 years ago.

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ACQUISITION OF ELECTRICITY GENERATION ASSETS

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mnamreh - what has happened to your posts?

Ex-divi wed 25th july '12 (56.1p)

Press Release

OFGEM CONSULTS ON £22 BILLION INVESTMENT PLANS TO UPGRADE BRITAIN'S GAS AND HIGH VOLTAGE ELECTRICITY NETWORKS

· Around £22 billion allocated to upgrade and renew Britain's gas and high voltage electricity networks. This will ensure that Britain's networks remain among the most reliable in the world

· Investment is integral to secure Britain's future energy supplies and is part of the £200 billion identified as part of Ofgem's Project Discovery regarding security of supply

· Ofgem's close scrutiny of companies' plans secures project investment and ensures value for consumers

A predictable drop of around 60p so far after going Ex.Divi today.

Now down -71p, recovery play anyone?

Finished down -70p at the close, will be interesting to see if there is a bounce tomorrow.

Stan - similar to last years ex divi?

Interim Management Statement

Operations

In the three months to 30 June 2012 (comparisons with the same three months in 2011, unless otherwise stated):

· SSE's Total Recordable Injury Rate was 0.13 per 100,000 hours worked, compared with 0.11 during 2011/12 as a whole;

· Networks: the number of Customer Minutes Lost in the Scottish Hydro Electric Power Distribution area was 17, compared with 16; in the Southern Electric Power Distribution area it was also 17, compared with 16;

· Networks: the amount of replacement and reinforcement gas mains laid by Scotia Gas Networks was 304km, compared with 263km;

· Retail: SSE's number of electricity and gas customer accounts in markets in Great Britain and Ireland increased from 9.55 million to 9.66 million, reflecting 130,000 customers gained through the completed acquisition of Phoenix Holdings Ltd on 23 June 2012;

· Retail: average consumption of electricity by SSE's household customers in Great Britain increased by almost 6%; average consumption of gas by SSE's household customers increased by 42%, reflecting cooler weather conditions (on a weather-corrected basis, however, there was an underlying reduction of 2.5% in average household gas consumption and no underlying change in average household electricity consumption);

· Wholesale: total electricity output* from gas-fired and coal-fired power stations was 5,690GWh, compared with 9,905GWh, reflecting planned outages at Keadby and Medway power stations;

· Wholesale: total electricity output* from renewable sources (conventional hydro electric schemes, onshore wind farms and dedicated biomass plant) was 1,331GWh, compared with 1,325GWh;

Interesting comparison Skinny (P143), worth keeping an eye on it IMHO.

Well no point in buying these today for a short term return with the Dow up over 200p is there?

Exodus at SSE as gas and electricity customers rush to beat price rises

Thousands of gas and electricity customers are leaving SSE in protest at the nine per cent price rise announced last month.

According to one online switching company, which monitors energy trends, up to 50,000 users have signed up with cheaper suppliers in the past three weeks. There are estimates that a further 20,000 could leave by the end of this week.

Mark Todd, marketing director at energyhelpline.com, said switching volumes from SSE, formerly Scottish & Southern Energy, were up 742 per cent since the price rise was announced on August 22.

Half Yearly Results

STRATEGY AND FINANCE

Delivering sustained real growth in the dividend

· Interim dividend up 5.0% to 25.2p per share

· Targeting full-year dividend increase of at least RPI +2% for 2012/13

· Targeting annual dividend increases above RPI inflation in 2013/14 and beyond

· Adjusted earnings per share* up 40.6% to 35.3p

· Adjusted profit before tax* up 38.3% from £287.4m to £397.5m (2010: £385.5m)

· Outlook for full-year adjusted profit before tax* to be provided in Q3 IMS, as planned

· Ongoing investment in new assets through six-month capital expenditure of £699.2m

· Adjusted net debt and hybrid capital up £298m to £7.054bn since 31 March 2012

· Medium/long-term funding, including hybrid capital, of £1.48bn secured at good rates

· Average debt maturity of 10.9 years