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Pennon Group plc

 

Buy Pennon Group plc shares

PENNON GROUP PLC (PNN) Shares

ABOUT PENNON GROUP PLC

Pennon Group plc is a water-utility and waste management company based in Exeter, Devon in the United Kingdom.

The company was founded in 1989 as South West Water plc. It acquired Haul Waste in 1993 and bought Blue Circle Waste Management in 1995.

The company changed its name to Pennon Group plc in 1998.

By 2016, the company continued its upward trend and purchased a number of companies and provided water and sewerage to 1.7 million customers in South West England.

The company’s main asset is South West Water, which supplies water and sewerage services.

Today it is listed as one of the largest environmental infrastructure groups in the U.K. with a workforce of around 5 000 people.

OVERVIEW OF PENNON GROUP PLC

  • Pennon Group plc operates through subsidiaries, such as South West Water Limited, Bournemouth Water Limited and Viridor Limited. This includes water and waste management.

  • Its water business comprises the regulated water and wastewater services undertaken by South West Water Ltd and the regulated water services undertaken by Bournemouth Water Ltd.

  • The waste management business comprises waste recycling and recovery services provided by Viridor Ltd. South West Water Ltd is engaged in providing water and wastewater services for Cornwall, Devon, and parts of Dorset and Somerset, while Bournemouth Water Ltd provides the water services for parts of Hampshire, Dorset, and Wiltshire.

  • Viridor Limited is a recycling, energy recovery and waste management company, that provides services to over 150 local authorities and corporate clients, as well as over 32 000 customers across the United Kingdom.

VISION & VALUES OF PENNON GROUP PLC

  • Pennon Group plc‘s vision is to bring resources to life. It forges strong relationships working together to make a positive impact. It values lie in keeping its promises to its customers and communities.
  • The company strives to look for better ways to improve and make life better in taking leadership in the U.K.’s water and waste infrastructure.
    It aims to lead by capitalizing on group strengths, capabilities, best practice and synergies and achieving the right balance between risk and reward.
  • It is focused on driving down overheads and operating in the most efficient way to minimize costs.
  • The company actively seeks opportunities to invest for growth, whether through investment to increase its asset portfolio, initiatives to expand its customer base, or partnerships with other organizations.

MARKET PERFORMANCE OF PENNON GROUP PLC

  • Pennon Group plc trades on the London Stock Exchange (LSE) and is a constituent of the FTSE 250 Index. The company lists under the stock symbol PNN on the Financial Times Stock Exchange (FTSE).

  • The group’s semi-annual 2019 revenues were 710.50 million. This was 6.19% above the prior year’s period results. It reported a dividend of 0.41 GBP, which represents a 6.40% increase over last year.

  • The company’s 13 analysts covering the company, expect dividends of 0.44 GBP for the upcoming fiscal year, an increase of 7.40%.

  • Its earnings at this time were 0.277 per share, which exceeded last year’s results for the same period by 8.63%.

Buy PENNON GROUP PLC stocks / shares – A Step by Step Guide how to Buy / Purchase PENNON GROUP PLC Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy PENNON GROUP PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN PENNON GROUP PLC STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE PENNON GROUP PLC STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of PENNON GROUP PLC stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy PENNON GROUP PLC stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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