Deflationary fears trim UK trading premia
- From: Vol 9, Issue 12 (December 2008)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Ofwat
The UK water companies are trading closer to RAV than they have been all year. It could be time to re-appraise.
The interim results announcements from the listed UK water companies were released only a couple of weeks after their share prices dropped sharply in mid-November, having held up pretty well in 2008 despite the wider stock market volatility.
Up to that point, the companies’ valuations were not far off their levels at the start of the year – with the exception ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
