UK 15:18 Monday, 21 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Hello Share Masters. We can’t live without water. Or sewage. Which means big water suppliers should keep our investment safe whatever the effects of inflation and the higher cost of living. Pennon Group (PNN) has been doing ok recently. Its latest figures show underlying revenue rose 22.9% to £792.3 million for the full year. The operating profit, the more important number, came in at £237.2 million.
By far the most exciting UK stock news for me this morning was that ITV (ITV) will move back to the FTSE 100 as confirmed by the FTSE Russell group yesterday evening. There are many reasons why the company’s shares are still below their early 2020 level but - as I noted here last month - at least opportunities with the upcoming UEFA Euros and latest version of Love Island has a positive angle for them.
Hello, Share Tweakers. The more cautious among us should be interested in the utilities. Providers of water in particular should continue to maintain a reliable income. One of the best water providers, in my humble view, is Pennon (PNN). And its latest numbers are encouraging...
Hello, Share Cats. I’ve commended water companies before, including today’s choice Pennon (PNN). Now that Labour seems less likely to win power (according to most polls), its nationalisation plans seem less threatening to shareholders. And all utilities may rise on the fact...
Hello Share Treaters. Ok, the utilities are usually a boring investment. And they face the added disadvantage of government caps, which is a cap on profits. But there is one utility which may succeed more than most. Pennon Group (PNN) operates under the name South West Water. But it also has a big interest in waste management through its company Viridor...
Hello, Share Finders. The most heated rows in our house aren’t about politics, but how we recycle our stuff. I put anything plastic or metal in our orange recycling bag. My wife takes it out and puts it in the landfill bag. She argues, rather loudly, that the council is picky about what they take and will refuse whole bags with the wrong sort of tin or plastic. I ought to ring up Pennon (PNN) for advice...
Hello Share Punchers. Allow me to bring you yet another company which is growing profit faster than revenue. You'll recall that I maintain this is one of the best portents you can find for a rising share. Today's winner is Pennon (PNN), the utility which owns South West Water…
Hello, Share Fanciers. Pennon Group (PNN) is one of those companies which gives investors a certain pride. That’s because what it does helps the planet.
Hats off to top broker CSFB for daring to publish a negative note on a blue chip company. The 33 page missive on Pennon (PNN) - formerly South West Water. The note flags up the huge losses being racked up by a 75% owned joint venture, Peninsular, which appears to be held off balance sheet. CSFB rates the shares underperform. I'd go one further and say sell. This reads very badly indeed. If this jv was consolidated, reported earnings would be 30% lower. Why is it not? Pennon needs to clear this matter up at once.
