Market's view on Severn Trent
Published on April 2024
- Stock watchers express strong dissatisfaction with Severn Trent Water, labeling it as an environmental law-breaker and a disgrace, with urges to dismantle the company.
- Concerns are raised about Severn Trent Water’s inadequate storm contingency plans resulting in significant pollution fines, depicting the company as reckless.
- The company is predicted to face further downturns, with expectations of hitting lower price targets and potential shareholder dissatisfaction leading to increased selling.
- There is a forecast of a significant rug pull for Severn Trent, suggesting an impending sharp decline in stock value.
- Frustration is voiced over corporate governance, with specific criticism aimed at executive bonuses amidst the company’s environmental failings.
- There are speculations about a public backlash, including mass bill non-payment and a viral ‘short SVT’ campaign, potentially influencing the stock negatively.
- Indications are that the environmental and corporate mismanagement issues are not isolated to Severn Trent but are indicative of broader sector-wide problems.