National Grid Share Discussion Threads

[wipo1] 20/7/2012 13:52

maud4- nobody suggesting the grid is going bust. There is a lot of selling going on since the ofgem news on monday, I am waiting for 580-600p, i think we will see a range between 580-620p

[maud4] 20/7/2012 13:42

now is the time to buy, get in quick, do you think the grid will go bust? do not makeme laugh

[a0148009] 20/7/2012 13:15

There is not much scope for capital growth over the next few months, interim div end Nov 14p forecast, uncertainty re OFGEM Plan and future dividends.Looking further ahead miniscual growth in dividend although 6% yield cannot be sniffed at.

AO

[wipo1] 20/7/2012 11:24

Sold at 663p on tuesday,annoyed i never sold on monday lol. Looking to re-buy at some point, will wait a while methinks.

[dr biotech] 18/7/2012 11:40

Actually I think the porno industry is struggling - too much free online stuff apparently...there was a Louis Theroux program on it recently. Didn't see it but read about it on the bbc website.

Nice to hear that Skinny - I guess you still need to pick the winners in any sector though.

[pattayaboy] 18/7/2012 11:31

Fags, booze, porn, WMD, most of the bad things make money.

[skinny] 18/7/2012 11:30

Dr Bio - I 'invest' @5% of my SIPP in green and renewable energy or transport companies for similar reasons - unfortunately a conscience isn't always/often very profitable.

[pattayaboy] 18/7/2012 10:55

What about stock in porn company, it is a growing market.

[dr biotech] 18/7/2012 10:53

The lines are somewhat grey. I have shares in supermarkets that are the biggest sellers of tobacco in the country - but as its not their primary business I can overlook it. And I have some FTSE trackers etc that will obviously hold BAE etc.

Of course to say alcohol is OK but tobacco is wrong is a bit subjective and I am not going to try to defend it. Just I think you have to believe in what you are doing.

[lennonsalive] 18/7/2012 10:36

Good to hear their are still people left in the world with beliefs and morals.

[jeffian] 18/7/2012 10:33

Like Dr.B I, too, refused to invest in tobacco for years, partly because I disapprove but mainly because I believed the market would shrink under attack from the health lobby (I was a bit insular and had forgotten about emerging markets). Worst decision I ever made.......!

[grahamburn] 18/7/2012 10:14

Special pleading, Dr? My "sins" are permissable, other people's aren't!!!

But on a serious (allied) debating point.... ethics are probably in the mind of the individual and tend to be adjusted to suit one's situation and requirements. The ultimate bottom line is that there are very few (if any) human activities that are truly ethical - even religions of whatever persuasion can be found wanting!

[dr biotech] 18/7/2012 10:01

I won't invest in companies that are heavily involved in arms or tobacco - personal choice of course. Its quite difficult to find companies that have scruples though - you could make a case that most banks, pharmas etc are not particularly ethical. I would have no problem with alcohol though, as I am a drinker but non smoker.

[lucky_lady] 17/7/2012 16:26

Whats up with BAE Dr?

[dr biotech] 17/7/2012 12:58

If you want to look elsewhere then here is a handy list



I have most of the top 10 - not all the Insurers as I don't want to much exposure to one sector and I won't buy BAE for moral reasons. VOD/SBYS are decent stocks that are fairly safe plays with regards to earnings and dividends.

[pattayaboy] 17/7/2012 12:42

Good entry point for those wanting a better deal than 3.10% savings rates

[careful] 17/7/2012 11:55

the trouble with the regulated utilities is that they are allowed to make a % return on total assets.
this is usually linked to the return on gilts.
the grid and others will probably not be allowed by the regulator to have the juicy deal they got last time.

[skinny] 17/7/2012 11:51

Its a SETs stock!

[pattayaboy] 17/7/2012 11:44

The dust will settle by next week. MM's are manipulating this stock. Very little shorting.

[mj19] 17/7/2012 11:42

Dec is along time....

[pattayaboy] 17/7/2012 11:26

Oversold, there will be a swift bounce back when the dust settles.

[al101uk] 17/7/2012 11:24

Losos, that was my point in a round about and slightly sarcastic way ;-)

Held since January 2011, but sold out yesterday as a result of the regulator news. Not making any call on what it means to the company other than that it increases the downside risk. Every intention of getting back in once things settle... if that's December and I lose a few pence in the meantime then so be it. I've had 27%..ish in the last 18 months (including divis), I'll comfort myself with that.

Pierre, in answer to your question I have a few companies I'm looking for an entry price on, not mentioning any one specifically but there's a few smaller insurance companies out there I quite like. I wouldn't consider NG. my "best idea" as Warren Buffet might say.

[pierre oreilly] 17/7/2012 10:42

Question is if you sell this, what do you buy instead?

Gilts? - they're on such a low yield I'm thinking of selling some of mine.

Other blue chips?

Keep as cash at 0% interest in dealing account?

Genuine question.

There's a lot of profit for most even at the current lowered price, so I expect many will sell up. But then what? Where's a better risk/reward?

[losos] 17/7/2012 10:40

al101uk - "Well at least there's a consensus then"

Fact is they don't have any more clue than the rest of us, unless there's a 'leak' from the regulator then no one will know until December.