Down today (ex big div) but severn trent seem to have an almost perfect large inverse H&S beginning in mid Jul and completing last week. 680ish is going to be an interesting level either way.

Congratulations Skinny.

Lol only just seen this thread, ;-)
size isnt everything guys, trust me,but how did you know a headline like that would grab my attention;-)

Anyway well done Skinny,;-)

Just closed the other half 1070 +70 - that's Christmas & New year sorted :-)

Well done Skinny,

Bought a few of these again this morning.

Final Results.

31 March 31 March Increase/
2010 2009 (decrease)

m m %

Group turnover 1,703.9 1,642.2 3.8%

Underlying group PBIT1 557.1 469.9 18.6%

Underlying group profit 338.4 273.5 23.7%
before tax2

Profit before tax3 334.4 167.6 99.5%

pence/share pence/share

Adjusted basic eps4 122.8 92.7 32.5%

Basic earnings/(loss) per 105.6 (24.61) 529%
share5

Total ordinary dividends 72.32 67.34 7.4%

Just closed these +1 :-)

Marvellous!
Does that mean you think it's a short then? :-)

Not really - it just seemed rude not to take it :-)

Hmmm - 12 month high - ex dividend 16th July.

Nearly a quid for September so far!

yes indeed skinners, and fast approaching a congested area - should be some resistance around 14

Interim Management Statement.

A bit of blue today - ex dividend in a couple of weeks.

RNS Number : 6897K

Severn Trent PLC

20 July 2011

20 July 2011

Severn Trent Plc Interim Management Statement

for the period 1 April to 19 July 2011

The Board of Severn Trent Plc confirms that trading across the group has been in line with its expectations and prior guidance. No new material trading events or transactions have occurred during the period 1 April to 19 July 2011.

Customer prices in Severn Trent Water increased by 4.7% (including inflation) from 1 April 2011. Consumption across our measured income base has declined year on year in the period, although at a lower rate than expected.

We continue to target a bad debt level of 2.2% of turnover for the full year, although we continue to monitor future developments closely, especially unemployment levels.

Operating expenditure continues to be in line with the Board's expectations for the year. Operating costs are expected to rise year on year, due to the impact of inflation, rising input costs and quasi taxes, offset by efficiency savings.

Expectations for net capital expenditure (UK GAAP after deducting grants and contributions) remain in the range GBP450 million to GBP470 million. The level of net infrastructure renewals expenditure included in this figure is anticipated to be GBP120 million to GBP130 million.

For the full year, Severn Trent Services is expected to deliver increased revenue growth, although revenues are expected to be lower period on period in the first 6 months. Due to planned investment in growth opportunities in Operating Services and new water purification products (BalPure and MicroDynamics) which will offset growth in the underlying business, PBIT is still expected to be lower year on year.

Based on current RPI expectations, group interest charge is expected to be broadly flat year on year, before adjustments related to pension accounting.

The expected effective current tax rate for the group for 2011/12 remains at 26% to 27%.

Severn Trent Plc will announce its interim results for the period ending 30 September 2011 on 24 November 2011.

New high today.

Half Yearly Report.

Interim Results for the six months to 30 September 2011


Highlights

● Severn Trent Water operating expenditure below level allowed in Ofwat's Final Determination

● Delivering capital programme and long term productivity improvements

● Interim dividend 28.04 pence per share, up 7.7% in line with dividend policy of RPI +3%

● Strong balance sheet, business fully funded for next 2 years

● Transfer of private drains and sewers (PDaS) successfully completed on 1st October

● Encouraged by direction of regulatory reform

Ex-divi 30th Nov '11 (28.04p)

Time to dust these down again.

Recent upgrade 10th Jan HSBC overweight TP 1740.
IMS on 17th February. Yield 4.2%

Tender Offer.

CASH TENDER OFFER

SEVERN TRENT UTILITIES FINANCE PLC ANNOUNCES A CASH TENDER OFFER IN RESPECT OF ITS £200,000,000 5.25 PER CENT. NOTES DUE 2014 (ISIN XS0176529583)

Severn Trent Utilities Finance Plc (formerly Severn Trent Water Utilities Finance Plc) (the Offeror) today announces an invitation, subject to certain offer restrictions, to eligible holders (the Noteholders) of its £200,000,000 5.25 per cent. Notes due 2014 (ISIN XS0176529583) (the Notes) to tender any and all such Notes for purchase by the Offeror for cash, as further described below (the Offer).

The full terms and conditions of the Offer are set out in a Tender Offer Memorandum dated 17 January 2012 (the Tender Offer Memorandum), which is available to Noteholders from Lucid Issuer Services Limited at the details set out below. Participation in the Offer is entirely voluntary and within the discretion of each Noteholder. Capitalised terms used and not otherwise defined in this announcement have the meaning given to them in the Tender Offer Memorandum.

Rationale for the Offer
The purpose of the Offer is to manage the Offeror's debt maturity profile. Any Notes purchased by the Offeror pursuant to the Offer will be cancelled and will not be reissued or resold.