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?

Yep and there is £16.

Investec Buy 1,565.50 1,568.00 - 1,680.00 Reiterates

Another assault on 1580p.

I assume it's going to fall off a cliff when it goes ex-divi? Still holding, but would take profit around 1625p.......I wish!

Yes - I wish I'd taken the £16 last week as I'd said I would!!

Tempted!

Trend is still up, but it's all a bit frustrating!!!

OFGEM GIVES GREEN LIGHT TO NEW £1.2 BILLION SCOTTISH SUBSEA LINK AND TRANSMISSION CHARGING REFORM

· Ofgem approves need for new link between Caithness and Moray
· New link will bring 1.2GW of renewable energy to Britain's electricity network
· Ofgem approves new transmission charging methodology, effective from April 2016
· Actions will contribute to an energy system that is fit for purpose for future consumers

Are you still holding skinny? It's all a bit tortuous......

Harry - I am and just debating whether to dump my remaining IAG and add here for the dividend.

Trading Statement & AGM next Thursday 17th.

Interim Management Statement

The retail side of the business seems to have been a little below expectations. Market unimpressed.

SSE AND UKPN PAY OUT £8 MILLION FOLLOWING STORMS

SSE AND UKPN PAY OUT £8 MILLION FOLLOWING CHRISTMAS STORMS

· Ofgem secures an additional £3.3 million following its investigation into how SSE and UKPN handled last winter's storms
· The firms have already paid customers £4.7 million and committed to improvements
· Ofgem will more than double minimum payments to those affected by severe weather incidents in future and has put the industry on notice that it must learn from the lessons of last winter


more...

Shame about the drop before the ex-divi date. This has a bit of recovering to do before I am back into profit.

OFGEM ELECTRICITY DISTRIBUTION PROPOSALS

OFGEM ANNOUNCES £17 BILLION FOR ELECTRICITY NETWORK AND CUTS BILLS FOR CUSTOMERS

· Electricity distribution part of bill to fall by £12 on average from April 2015 while customer service standards rise
· £2.1 billion of savings achieved since Ofgem sent back companies' initial business plans last year
· Ofgem continues to deliver a stable regulatory environment that secures investment in Britain's vital infrastructure at a fair price to consumers.

more....

Initial Response to the RIIO-ED1

Scottish and Southern Energy Power Distribution (SSEPD), part of SSE plc, notes the publication of the draft determination by Ofgem on its RIIO-ED1 business plan for the period 2015 to 2023. SSEPD is disappointed with a number of elements within the draft determination including Ofgem's proposal on efficient financing and their assumptions about the scope of further cost reductions across the industry.

Over the coming weeks SSEPD will be reviewing Ofgem's benchmarking analysis and also their assumptions on how SSEPD, one of the leading cost efficient operators in Great Britain, could operate and develop our networks to the standard customers expect with the proposed reduction in total expenditure.

Gregor Alexander, Finance Director of SSE, said:

"Our aim is to deliver a final settlement that both provides value for money for customers as well as securing the funding required to operate and develop our distribution networks for customers benefit. Through the established price control process, we will now be responding to the draft determination as well as engaging further with Ofgem in order to secure this outcome."

Seems that the directors putting their hands in their pockets and buying 8 or 9 shares each has helped the sp turn around! ;o) 1600p here we come!

Hmmm - we can but hope Harry.

RESPONSE TO CMA STATEMENT OF ISSUES