NG.

National Grid Plc

1,089.50
6.00 (0.55%)
Share Name Share Symbol Market Type Share ISIN Share Description
National Grid Plc LSE:NG. London Ordinary Share GB00BDR05C01 ORD 12 204/473P
  Price Change % Change Share Price Shares Traded Last Trade
  6.00 0.55% 1,089.50 8,102,660 16:35:11
Bid Price Offer Price High Price Low Price Open Price
1,090.00 1,090.50 1,097.50 1,080.50 1,086.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electric Services 19,841.00 2,353.00 60.30 16.93 40,065.05
Last Trade Time Trade Type Trade Size Trade Price Currency
18:21:46 O 3,070 1,089.413 GBX

National Grid (NG.) Latest News (1)

National Grid (NG.) Discussions and Chat

National Grid Forums and Chat

Date Time Title Posts
26/5/202308:10NATIONAL GRID WITH CHARTS/NEWS/LINKS8,477
01/3/202316:19National Grid - Powering Ahead!97
04/2/201815:33NG--with charts.3
06/8/201513:21NG. with charts2
18/1/201210:49The New NGT/NG.269

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National Grid (NG.) Top Chat Posts

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Posted at 26/5/2023 08:10 by gbh2
Typical carpetbagger move, i suspect the Yanks are looking to take this over once the price is right!
Posted at 25/5/2023 20:15 by utyinv
Just been doing a bit of digging only to find that the Yanks ( Hedge Fund Shysters) increased the number of ‘Shorts’ ( ADR shares borrowed from institutions for a price in order to short the stock), by a staggering 68%.

Someone in the US has had some insider info and increased the ‘Short’ on the Company.

Posted at 26/4/2023 18:59 by viscount1
Love short selling. Helps price discovery and liquidity. Also exposes criminals like Wirecard.
Posted at 08/2/2023 19:20 by utyinv
National Grid increased the number of shares in circulation, from 3.4billion to 3.69 billion (diluting the value of shareholder’s holdings).


After all, the shareholders own the Company not the Directors who are simply Employees, but the behaviour of our BoD gives rise to criticism that they forget who are the real bosses.

They are quick to issue new shares to fund projects and remunerate Directors, but refuse to even consider a discretionary increase to NG pensions above 5%, even when RPI was approx 12% in Sept ( Sept RPI sets the pension increase). In normal times the increase is capped at 5%, but they do have the ability to award a discretionary rise in excess of 5% in exceptional circumstances, which in 1991, did so proudly. Many pensioners receive small pensions ( not all ex Employees held responsible positions) and its these pensioners that are struggling with the cost of living.

I would also like the BoD to concentrate on getting our share price to £19/ share. Not unreasonable for a Utility, which is supposed to be one of the best in the world. If a mediocre car manufacturer can be worth nearly $1 trillion ($1000Billion), surely an essential world famous utility should hold a value of more than $45 billion or £37billion. At £19 / share the market cap will be £70 Billion, a Company providing essential services to every man, woman and child.

The objective of a CEO is to increase shareholder value. The many other directors have different responsibilities for various operations.

Posted at 30/1/2023 13:16 by newbank
1carus,

I think you mean Nationalise rather than Privatise (Post 8405)? Starmer has said he doesn't want to Nationalise and wants the Gov to work with the Private Companies. Though once in power, can we trust them????

The reason why the price is stagnant at ATM is because it always does after the interims have been paid.

As Long term holders, you will know the second half is when the greatest earnings for the Company are pulled in. Looking at historic prices, I expect a change, to the upside come April. Yes, Hedge Funds, parasites IMO, look to take profit and drag the price down in the hope of buying back cheap. That's how they make their money. They don't produce anything, they only destroy.

NG bought WPD, a lucrative geographical and customer demographic, with the intention to benefit from the installation and income from EV charging points. Unfortunately, EV's have not attracted the best PR recently with Range Anxiety. That is why until I can comfortably travel 600 miles between charges (one of my Car's easily ranges 600 miles on a tank), and be guaranteed access to a Charging point without people resorting to fights over charging points, I will stay away from EVs.

Let's see what April / May brings, regarding the SP, as last year it hit £12.455 on 18th May 2022.

Should be no reason why this Stock should languish in the area it has been. As an International, highly efficient and reputable company, that is looking to expand and the innovations promoted by NG Ventures, I cannot see why the share price shouldn't be in excess of £19/share. Especially when you compare some of the exagerated valuations of some companies ,ie, car manufactures that make mediocre electric vehicles (Tesla).

Posted at 30/1/2023 13:00 by 1carus
Not sure NG is UK centric, most of it's revenue is generated in the USA as far as I can remember. Not heard about the Torys nationalising NG., hell they won't even tax the energy generators and that includes the windfarm operators who are literally minting money at the moment. Corbyn and Labour did a lot of damage to the share price in the run up to the last general election in the hope of not having to pay fair value for it etc. And even if they dont target NG, they will target the generators and by symbiosis it will adversely affect NG.
Posted at 07/10/2022 13:51 by lovewinshatelosses
No point comparing NG to Tesla - but a good example of how irrational the markets are! How many people lost their shirt shorting the latter a couple of years ago, when it was an 'obvious' short...but the share price kept on rising to ever loftier levels?
I should have added in my last post that the BOD here are like so many in large listed corporates - complacent and haughty (IMO of course) - but as long as the major shareholders are satisfied with the set up, then that is that. I guess if enough small PI's attended AGMs and lobbied hard for a change as you are suggesting, over a sustained period of time, then perhaps it would change. How many are actually willing to do so? Very few, I would imagine and so we are back to where we started. IMO most PI's who invest in stocks like NG do so on the advice of IFA's or their pension fund managers; traditional passive investors, who probably pay little attention to anything of note, apart from whether their dividends are getting paid and maybe if the share price tanked or rose considerably. Even then, most simply do nothing. Over the past 40 years, this has been a very good strategy in fairness. As for the next 40 years? Well...lets see how the next 3-5 years go before looking any further ahead.

Posted at 07/10/2022 09:16 by utyinv
lovewinshatelosses,

If you watch the share price over say ten years you will see that the trend is always the same after June there is no need to hold the shares and Institutions either offload or loan out to those who wish to short, for an additional fee ( loan fee).

That is fine if you wish to day trade etc but not if you wish to leave it and expect it to continue to grow over the years. To get back to £11 or even £12 will take all the effort of the April yield to get there. But the stock has only reached £12+ twice once in 2016 and again this year.

This Utility is the most efficient and prosperous with opportunities to become far far bigger than todays level and this should be reflected in the share price. £20/ share is not unreasonable for a major utility that operate in both the UK and USA with 50% of its revenues coming from US$.

If a car maker can be worth £1 trillion when there are many car firms to choose from, when tesla has a range that will invariable leave you stranded for any lengthy journey as opposed to a Utility that is reliable, delivers all the time and needed by every one of us. Completely illogical that Tesla an average one of many car firms is 32 times bigger that the Great NG that provides critical activities in the UK and the USA ( in affluent areas such as NY, NY State, Mass, Boston etc)

Posted at 07/4/2022 09:14 by medieval blacksmith
Perhaps you can enlighten this thread as to your current intrinsic valuation of what NG. share price is and whether you see the current price as high. That would be a good start. ;)
Posted at 21/8/2021 04:55 by utyinv
Greenbee,

Depends how you hold your shares and where. Some Isa providers ( if you hold your shares in a Stocks and Shares Isa) do not subscribe to scrip dividends.

If they do or if you hold your holding in share certificate form, you just need to advise the registrars.

However, they aren’t all that its cracked up to be. Instead of taking a dividend NG will announce some weeks before the dividend is paid what price you will be charged in order to purchase the shares, usually the market price of the average share closing price over three consecutive days, sometime before the dividend payment day. So if the price is quoted as say £9.65/ share and your holding has warranted a dividend payment of say £2000, then you would be entitled to 207 shares (instead of receiving a dividend), with the remainder of £2.45 given to a charity of your choice.

I said it’s not cracked up to be what some people envisage, ie, many times the option share price is higher than the normal share price on the day the dividend is normally paid.

Yes you do save on buying fees if you were going to reinvest the dividend anyway, but sometimes if you let the dividend sit in cash, wait for the price to diminish over a few days after dividend payment day, before you buy. Share Prices usually increase at the time the dividend is paid because those isa holders who instruct the provider to buy shares with the dividend usually do so as a block buy. Once all the monies are consolidated across all its customers who opt to reinvest the dividend, the provider buys at market price. The trading numbers go up for a few days after dividend payment day. I usually decide to buy at a time of my choosing ( when the share price has dropped), or buy other stock that is out of favour and at a good price.

One thing becomes very obvious if you do opt for scrip dividend shares, is in the aftermath, you may well realise that you could have bought the shares cheeper, at a time of your choosing. Hope this helps.

National Grid share price data is direct from the London Stock Exchange
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