• The post you are reporting:
   
  Stability - yes. But it is the stability of the dividends that is the attraction. These stocks are an attraction to managers operating a 'value' style or have an equity income mandate. Their 'stability' is not attractive to managers with a growth mandate who are looking for tomorrows Microsofts and Apples.
  
  The utilities remain a 'national asset' as private companies and it is a strange view that suggests that the old inefficient, expensive loss making utilities were any kind of asset. Now they are truly under public ownership through their share holding from which everyone who has a pension, stocks and shares ISA of other equity investment benefits, not just direct shares.
  
  It is also strange to imagine that a nationalised company is in any way immune to the same market conditions and practises as utility companies, they would be just less good at it. There is an international market in which these companies operate and the profits they generate are to our benefit both as customers and as investors.
  
  Choice? I have changed my supplier a few times, though not recently as the one I have is providing an excellent service at a good price. We can all change and that has to be better than being locked into a monopoly that has no reason to provide such a service or be competitive on pricing.

Report Post

Your Name

Reason