Deutsche Bank reinitiates National Grid with 'buy' - price target 1,100 pence |
What a tumble.. |
But he's a liar |
Voters will have to accept pylons or higher taxes, says UK PM Starmer |
Next time Milly gets something right, will be his first time! |
Just wait and see, Pierre. |
Err milli did away with many of the planning and other restrictions where the public can object to green plans within a couple of days of gaining office. You and I and Mr average don't want 60 billions worth of pylons and other such stuff - well tough. |
Building anything in this country costs the earth and takes for ever. That ain't going to change any time soon, however many suits, pairs of glasses, and football tickets (sorry, I meant office supplies of course) you bung Starmer and his mates. |
Ed Miliband faces growing legal threat over pylons roll-out
Council leaders warn energy infrastructure will ‘wreck’ countryside |
End of Quarter fall. |
Black hole is a term pinched from cosmology. Not sure why the government is using it but at a guess, because it sounds more dramatic than a mere unadjectived hole. In the past it would have been described as a deficit.
Unfortunately it's become one of those endlessly repeated buzzwords, like "working people" whatever that means.
None of which has anything to do with NG.. |
The black hole is now 20bn and 16m. Well find out where it'll all come from soon enough. |
Who will the cash be "Recovered" from? |
Good yield in the meantime to hold & build. No plans to sell for many years |
Very true!
I have a similar time frame with a few shares - which I don't trade much at all anymore - having long covered my original stake by trading and now treat as pure income.
SSE which I bought in 2010 and traded until 2017, is my third largest holding by value.
I should point that up until I started running my SIPP in 2009, I'd held both the above since the were privatised- 1990? |
Yes that is a longer term chart :)
The same principle applies but your chart does show more clearly that the long term trend has been favourable for the few that have held for that long! Buy and hold used to be easy but with 'free' online dealing at the click of a button churning portfolios has become more the norm, which has not necessarily been a good thing for investors. What I don't like about the 'free' brokers is that they often don't give you the price ahead of executing a trade. |
We can but hope, meanwhile I've held since 2010 with a then purchase price @495p, traded them successfully until 2013 and have held ever since, adding in this year's rights issue.
For a 'boring' utility, over the years, its been one of my better trading / holding/ income shares. |
#Skinny, PF weightings are very important for protection as discussed before, but IF you are going to get overweight it really needs to be a safe position, we do have a monopoly in the UK, NG post RI looks about as good as it gets outside of a fund/trust for the secure and index linked dividends so I am a more relaxed about it having doubled down taking up the RI and adding after it, IF they were to move to an equal quarterly that would be even better.. :o)
The uptrend post 2018 wave 4 is still very much intact, and should continue for some time to come.. |
This is a long term chart :-) |
The long term chart of NG. is an interesting one. When it takes a dip it doesn't stay down for long, but on the flip side when it spikes it doesn't stay up there for long either. It's the yield of course which has underpinned this investment despite the recent (unprecedented?) cut. In light of that and the rights issue I have been surprised to see the strong recovery of late since that fiasco. |
You are not alone - NG. are my largest (value) holding by some margin currently. |
#Skinny, they all need connectivity, no matter what the power source or power needs.. :o), I am here for the secure dividends and a bit overweight NG after the RI..
NESO now the operator, but NG own/build/support/maintain the infrastructure..
The biggest threat here would be a further step to nationalisation, an unlikely outcome, but nothing is a certainty apart from death and taxes of course.. |