Share Name Share Symbol Market Type Share ISIN Share Description
National Grid LSE:NG. London Ordinary Share GB00BDR05C01 ORD 12 204/473P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00p -0.11% 950.10p 950.00p 950.10p 951.60p 943.10p 943.30p 1,781,261 09:38:35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 15,035.0 2,184.0 207.1 4.6 32,517.35

National Grid Share Discussion Threads

Showing 5551 to 5571 of 5575 messages
Chat Pages: 223  222  221  220  219  218  217  216  215  214  213  212  Older
DateSubjectAuthorDiscuss
20/9/2017
20:11
NG not looking too good in the US after the Fed's decision. Not looking good for the morning, I hope I am wrong.
utyinv
18/9/2017
13:19
Holding strong 949... good support
mj19
17/9/2017
13:13
Sept, Like I intimated earlier there are policies in play that may come to fruition. I was talking to Dean Seavers (nice chap currently head of US business) a couple of months ago and said it makes more sense to invest in America if the political weather in the UK is anti NG investor and when the UK regulator believes NG should be a charity. I added it makes sense to invest where there is a level playing field and currently the US regulator is far more tuned in with investor v consumer balance. He smiled and confirmed in agreement adding there were policies in play to protect shareholder value! However, this is my take and IMO! Unless the UK regulator, Gov and shadow Gov start to realise that delivering real shareholder value will benefit consumers and a stronger successful NG then more investment will be ploughed into areas like the US and interconnectors.
utyinv
17/9/2017
12:45
Yesterday's Times: NG's American business will be bigger than its British division by by the early 2020s... Can't see Corbyn nationalising NG, there would be too big a row with US institutional investors who would come looking for his blood (and compensation). Article continues: NG is forecasting growth rates of about 7% a year for US business compared with 4% in reg UK business.
septimus quaid
16/9/2017
22:28
DavR0s, That's exactly correctly. It is very much Psychological. As humans we always want to be right (not just with investment decisions, but with generally most things in life). It is a survival mechanism. It's very hard to accept and admit defeat (and take a loss) when we are wrong. That's why so many traders fail. Trading actually goes against the human psyche.
mani2013
16/9/2017
21:39
Hi mani, I can't see your message at all. In terms of the other post the hard truth that most investors can't come to terms with is investors are consistently rarely better than 50% of the time - even the very best, so the only way you can make money in the long term is you need to run your winners and cut your losers fast. So yes you can't legislate for a gap up in price or equally a gap down, but you just play probabilities and repeat. So I'm up to 85% cash earlier this week not because of choice but stuff like NG. was rolling over and no one knows where it will go from here
davr0s
16/9/2017
10:04
We seem to have held off 949 for now
mj19
15/9/2017
16:45
Bounty, You are absolutely correct. However as you have stated NG shouldn't be too closely correlated to gilts if their strategy for growth in the US and interconnectors etc come to fruition. On the plus side too if inflation does rise the current strategy of NG's dividend policy is to match or beat RPI. RPI is currently 3.9% and if that level continues expect divi's to exceed 45.99p (or 46p)per share. At times of uncertainty ie Brexit, NK, etc good secure income stock will be sought after. Why do you think Corbyn wants to get his hands on it? However, with an increasing investment in the US and Interconnectors (where they are joint owned between NG and foreign CO's) that ambition may be harder than MacDonnell thinks.
utyinv
15/9/2017
14:04
Easy to ditch the biggest losers (albeit I only had to identify them) when it's someone else's money but not so easy when it's your own money at stake. Emotions then take over and no one likes to admit that they got an investment decision wrong! ;-) Re NG my main concern is that if interest rates do start to rise then .... (looking at the gilts chart in the header). There have been many false dawns re the turn in interest rates in the UK but based on what the BOE governor said yesterday it looks as though the tide is finally about to turn!? I know that logically the NG price shouldn't be so tightly correlated with gilts but in reality it does seem to be.
bountyhunter
15/9/2017
11:17
Bounty, Interesting work and very similar logic. Risk analysis and risk management is intrinsic to the responsibilities of the Professional Engineer and Scientists too. Not an easy job to do effectively, as you have to be objective in your philosophy and evaluate risk on probability and then the consequence of it happening. Once you calculate the overall risk as you mentioned, you act to remove or mitigate the biggest risks without emotion. However saying that it is also worth noting that when doing the analysis you may not be in possession of all the facts which could be catastrophic if these were not factored in, ie, you can't account for something you didn't know or believe to be in the pipeline. Not an easy job to do :)
utyinv
15/9/2017
08:55
UtyINV >> Looks like we are all Physicists or Engineers or numerically minded for my part I used to write risk management reports for a global investment bank - at times of crisis they listed all deals in descending order of loss and closed out the biggest losers
bountyhunter
15/9/2017
00:54
Mani re:post 5161, Looks like we are all Physicists or Engineers or numerically minded; there is a common synergy at play. Very interested in the debate and have analysed your strategy. You say that the outlook is looking towards a continuing downtrend. However, how would your statistical analysis correlate with say an announcement by National Grid which appeals to the markets and shoots the price up or a change in Gov policy that depending on its content can move the price either spiralling down or rocketing up? Surely no matter how proficient the trending or the analysis of share price movement, it cannot cope with news that changes the trend (other than putting stops in place and minimising loses). You are right emotion plays a big part in market movement that is why relative good news or poor news can create a fantastic deviation beyond expected trends. IMO over the next few months NG may be in a position to update us with some interesting news. :)
utyinv
14/9/2017
21:01
DavR0s, My apologies. I was referring to my discussions with Pierre regarding the price behaviour and the randomness of the markets. Nice one selling yesterday ! Have sent you a private message regarding your scan routine.
mani2013
14/9/2017
19:54
Nothing philosophical - practically I sold yesterday. Infact sold 1/4 PF yesterday so not a forecast but not surprised by today's fall. Now 80% cash until conditions improve
davr0s
14/9/2017
19:16
Hey DavR0s, Thanks for the pointers. I will check them out. I might take you up on the offer to see your routine. Sounds like you have a lot of effort into it. I will send you a private message.
mani2013
14/9/2017
17:38
You should also read some of Mark Minervinis work (he has two books)
davr0s
14/9/2017
17:37
You should look at Trading Bases website which I subscribe to (but some of its free). It's run by a very experienced trader and there is a private chat room where we share ideas very much along the lines you describe. In parallel I am writing a market analysis routine that systematically scans for high probability setups and presents them in real time. Been working on it for a year now! Too much to put in a message but if you are interested come and have a look. I am a firm believer that 95% of what you need to know is in the price and volume.Interestingly I have a degree in physics and a PhD in astrophysics !
davr0s
14/9/2017
17:22
Bounty hunter, You are right. Psychology plays a BIG part in trading, as do probabilities. It is in our innate nature to always want to be right. As humans, we cannot stand the thought of being wrong. The ability to get out quickly and take a (small) loss on a trade after being proved wrong is vital if one is to be successful if trading.
mani2013
14/9/2017
17:08
Hi Pierre, I respect your views and appreciate that not everyone believes in Technical Analysis. James Harris Simon manages his renowned hedge fund with mathematical models that look for non-random movements in the markets to make predictions. That is how he made his billions. The fact that he and so many other traders have done this successfully proves that the markets are not random (which, I believe, is the point you are refuting). I think the pivot-point of this debate rests on what is meant by 'charting'. It is a huge field and different people have different perceptions and ways of using the charts, but ultimately, 'charting' or more correctly, Technical Analysis, has it's roots in Mathematics (more specifically, probability & game theory) and Human Psychology (which some would argue is a science). Perhaps I should clarify how I use charts for Technical Analysis. My approach is to simply look for trends on the charts (non-random movements) to identify the most probable (and least risky) moves - high probability trading. I identify these non-random movements in several timeframes which gives me a multi-dimensional view of any given market and the precision required to time my trades for maximum profit potential and improve the profit/loss ratio on my trades. The key here is the trend (non-random movement) in any given timeframe and how it is affected by the other timeframes. e.g A trading range in one timeframe is simple a series of smaller trends in a lower timeframe. Charts are fractal in nature, so the same rules apply to all timeframes, the only difference being the number of opportunities available to make money in each timeframe. I do not look for chart formations (flags, triangles, wedges etc) although I do understand how they get formed at price level (by trends and trades placed with specific risk/reward ratios) and why they are so widely used. I do not follow any indicators. They are in essence, derivatives of the price and therefore somewhat removed from the actual price action. The closer your view is to the current price, the better. It is an approach I built from the ground up having finally understood the markets after years of research and experience. You mentioned that you specialise in Science & Maths, as do I. When I was younger, I wanted to be a scientist (specifically a physicist). I certainly had the aptitude and credentials for it. I loved the idea of researching and analysing something to its core, discovering new ideas and sharing my findings with the world, hopefully to make a difference. I guess I did get to be a 'scientist' of sort after all, but just not in the traditional sense :)
mani2013
14/9/2017
10:34
...a very interesting debate, central to which is the psychological aspect in my view which may be the key to gaining an edge, but that needs to be sufficient to beat the costs of spreads, commissions and capital. (...and an interesting divergence imho while all is relatively quiet for NG)
bountyhunter
14/9/2017
10:28
I knew there was another point! I much preferred this thread when it discussed national grid issues. There are insiders here with expertise and access to information which is really useful, both as investment considerations and pure interest. Charting is simply generic, supposedly applying to all companies, so not ng. specific. While anyone is free to post anything, my personal view is I'd like board (either this or another) with the very intelligent and knowledgeable content this board has had over the last several years until very recently. My personal views, no idea what others want.
pierre oreilly
Chat Pages: 223  222  221  220  219  218  217  216  215  214  213  212  Older
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