Water again.

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Vino
Posts: 1991
Joined: Sat Oct 30, 2021 5:37 pm

Water again.

Post by Vino »

Water companies pay £2.5bn in dividends in two years as climbs by £8.2bn
In 32 years since privatisation £78bn has been paid out of utilities.

( Sourced From the Financial Times )
Not made up by me 😇😇.
I should have bought shares :wall:
crummy
Posts: 2645
Joined: Fri Dec 08, 2017 6:19 am

Re: Water again.

Post by crummy »

Vino wrote: Mon Apr 15, 2024 11:39 pm Water companies pay £2.5bn in dividends in two years as climbs by £8.2bn
In 32 years since privatisation £78bn has been paid out of utilities.

( Sourced From the Financial Times )
Not made up by me 😇😇.
I should have bought shares :wall:
Disgraceful...

What are ofwat doing?
.
It's not just the company you keep, but the company you keep away from by which you are judged.
Vino
Posts: 1991
Joined: Sat Oct 30, 2021 5:37 pm

Re: Water again.

Post by Vino »

crummy wrote: Tue Apr 16, 2024 7:52 am
Vino wrote: Mon Apr 15, 2024 11:39 pm Water companies pay £2.5bn in dividends in two years as climbs by £8.2bn
In 32 years since privatisation £78bn has been paid out of utilities.

( Sourced From the Financial Times )
Not made up by me 😇😇.
I should have bought shares :wall:
Disgraceful...

What are ofwat doing?
.
Oops, missed out the word debt.
As Debt climbs.
But you know what I mean.
I'm a Dummkopf.
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Jefe 24/7
Site Admin
Posts: 2233
Joined: Tue Dec 05, 2017 7:54 pm

Re: Water again.

Post by Jefe 24/7 »

Is Ofwat an anagram of twats?
crummy
Posts: 2645
Joined: Fri Dec 08, 2017 6:19 am

Re: Water again.

Post by crummy »

Jefe 24/7 wrote: Wed Apr 17, 2024 6:11 pm Is Ofwat an anagram of twats?
:lol:
It's not just the company you keep, but the company you keep away from by which you are judged.
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Jefe 24/7
Site Admin
Posts: 2233
Joined: Tue Dec 05, 2017 7:54 pm

Re: Water again.

Post by Jefe 24/7 »

My mistake, it actually is an anagram of AWOFT, which is A Waste Of F***ing Time.

I knew I'd crack it in the end.
adamlenton
Posts: 746
Joined: Wed Aug 17, 2022 8:00 pm

Re: Water again.

Post by adamlenton »

Thanks for that Jefe.

It made me realise that "privatisation" is an anagram for

Let's make ourselves billions and pi$$ of the public at the same time with our crappier services.
Vino
Posts: 1991
Joined: Sat Oct 30, 2021 5:37 pm

Re: Water again.

Post by Vino »

adamlenton wrote: Thu Apr 18, 2024 11:59 am Thanks for that Jefe.

It made me realise that "privatisation" is an anagram for

Let's make ourselves billions and pi$$ of the public at the same time with our crappier services.
Close but no cigar 😁😁
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Jefe 24/7
Site Admin
Posts: 2233
Joined: Tue Dec 05, 2017 7:54 pm

Re: Water again.

Post by Jefe 24/7 »

adamlenton wrote: Thu Apr 18, 2024 11:59 am Thanks for that Jefe.

It made me realise that "privatisation" is an anagram for

Let's make ourselves billions and pi$$ of the public at the same time with our crappier services.
Yes, it's a thorny issue. Should the companies lose money through inefficiency or shareholders dividends. In an ideal world, publically owned companies should be efficient, but the 70's and 80's taught us differently. And look at the health service. It squanders billions every year, yet there is no better alternative.

If we could change the politicians, maybe we could do something?
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freddo
Posts: 1835
Joined: Wed Dec 06, 2017 7:26 pm

Re: Water again.

Post by freddo »

The NHS and Water companies are not the problem, that lies with the inefficient greedy so called humans that are supposed be be running them
They should all be sacked and shown the way out with no payments then maybe the NHS and others can appoint people that have better understanding of profit and loss systems and are not afraid to wield the axe .
Before I left the UK thats the job I did and I turned a good few companies from trading at a loss into very good at making a profit, I had to wield the axe a good few times
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