National Grid Share Discussion Threads

[m100] 04/3/2013 16:33

Profit taking soon?
One way trip to infinity?
One way trip to zero?
Or something else?

More importantly is the divi safe?

[lord gnome] 28/2/2013 10:09

cashflo now equals cashflown. Oh dear, not a good short, was it?

[scotches] 28/2/2013 09:46

That's a pretty painful short if opened at 710 and already 730+.

I used to dabble in put traded options when bearish. You didn't generate such fast profits but you knew the worst case from the start.

I feel convinced I'm right about certain stocks - eg MRW must be a buy at 260. However I'm not confident enough the market will come round to my way of thinking so I'd prefer the boring way of buying the shares, pocket the divis and get rich slow.

[pierre oreilly] 28/2/2013 09:20

So, only a small bit of uncertainty left - the divi policy.

There are probably no other uk quoted companies with pretty well zero risk going foward for 8 years, when the asset base will grow by about 18%, which, if i remember correctly, is 50% funded by customers and 50% by the company itself.

Simple - buy and forget for 7 years, confident your investment is safe and earning a high (and positive!) income. Or stick it in a bank account and get a negative interest rate in a couple of years time.

[skinny] 28/2/2013 09:04

National Grid has agreed all of the UK RIIO price control arrangements proposed by Ofgem. The Board of National Grid believes that the combination of revenue allowances and incentive mechanisms provides a good opportunity to earn appropriate returns for investors while delivering essential infrastructure investment for the benefit of consumers and the UK economy.

The RIIO-T1 and RIIO-GD1 price controls cover all of National Grid's transmission and distribution owner and system operator businesses in the UK, with a current regulated asset value in excess of £22bn. Ofgem's latest forecast predicts this asset value will grow by around 80% over the eight years of the price control, which will run from 1 April 2013.

As previously stated, the Company is in the latter stages of work to evaluate the long term outlook of the Group as a whole, ahead of announcing a new dividend policy for the period starting from 1 April 2013. We expect to announce this new policy by, at the latest, the time of our full year results in May 2013.

Steve Holliday, Chief Executive, said:

"I am pleased to confirm agreement of the RIIO price controls for our UK businesses. This is the culmination of a new process that started over three years ago, and represents another opportunity for National Grid to deliver further shareholder value.

These arrangements give our UK businesses their longest ever period of regulatory clarity. This enables us to focus on driving efficiency across our operations while building the infrastructure that the country needs and at the same time realise the benefits of excellent performance for both customers and investors."

[skinny] 27/2/2013 20:53

Yes interesting times - DOW just looked above 14,100 & FTSE @6,373 to buy.

[lord gnome] 27/2/2013 18:55

That's a four year high then skinny. Judging by the way the DOW is going at the moment we can expect more tomorrow unless its back to 'risk off'.

[skinny] 27/2/2013 16:35

12 month high matched earlier @722.

[esmerelda] 26/2/2013 21:14

I guess we should be hearing this week whether NG accept OFGEM's RIIO proposals or intend to refer some or all of the outcome as mentioned in the Interim Management Statement last month? If they refer then I would expect the price to be hit as the markets don't like uncertainty.

[cashflo] 24/2/2013 19:33

Painful very painful indeed but convinced I'm right.

[wiganer] 22/2/2013 18:19

Re 2590- must be nice to have enough dosh to lose a grand in a day testing the water...

[cashflo] 21/2/2013 08:36

Just gone short on this £200pp debt, divi future expenditure. Possibly after the may div may be a better time but there's nothing like the present moment to test the water!

good luck all

[skinny] 18/2/2013 17:15

Sorry - I don't follow.

[pierre oreilly] 18/2/2013 17:10

?

I think that's called a non sequitur

[beardmore] 18/2/2013 17:07

Calm down dear, calm down.

[pierre oreilly] 18/2/2013 16:26

Great insight beardmore.

It also might hit 6400, but then again it might not.

Might hit 695.

I think I'll go generic - it might hit n 0 < = n < infinity

[haughtonhoney] 18/2/2013 14:57

Bouncing off the 200 day SMA.

[beardmore] 18/2/2013 14:47

Great dividend stock but looks as though it might hit 640.

[skinny] 18/2/2013 14:21

Morgan Stanley Overweight 691.25 682.00 775.00 775.00 Reiterates

[nofool] 17/2/2013 10:37

According to the two year chart up above, there have been five superb Buying opportunities in this stock, now we appear to be meeting a sixth..

WHY would you not agree?

[tong chai] 10/2/2013 21:03

How will they generate the £30bln needed for new infrastructure?

Earning per share 51p Div 40p - producing that rather intoxicating yield - But for how much longer I ask?

[newbank] 02/2/2013 08:49

If it wasn't for the uncertainty of RIIO and with the recent improvements in the Markets this share should be £9 / share now.

With approx £30 billion to be spent over the next eight years, by 2021 this share should be £15 / share (and not before time!).

[gbb483] 30/1/2013 17:21

You need spilling mistakes to stop ADVFNs trolls from attaching links.