National Grid Share Discussion Threads

[officer crabtree] 09/5/2013 09:26

gid moaning, i have many shares in national grod. I am hippy to see it doing woll.

[lord gnome] 01/5/2013 19:42

Yes please, Skinny.

[haughtonhoney] 01/5/2013 19:33

Almost guaranteed yield for the next 7/8 years. Where else are you going to get that in the current (and, to my mind, very long-term) low yield environment within which we live??

[skinny] 01/5/2013 17:01

I can't believe its added @80 since I reduced recently - do you want me to do it again! :-)

[lord gnome] 01/5/2013 16:42

I am just sooo tempted to take profits, but you have to stay with such a strong upward trend.

[skinny] 01/5/2013 16:17

New highs again today - 826 atm.

[lucky_punter] 24/4/2013 09:20

Broker Round-up: Savills, IAG, National Grid, SSE, ITV, Kazakhmys

Merrill would not pile in to utilities stocks right now. In fact, the broker cut National Grid (LON:NG) and gas and electricity provider SSE (LON:SSE) to 'neutral' from 'buy' after their powerful share price runs of late.

[banj] 23/4/2013 16:44

new highs : )

Off again. this time to 850p?

[skinny] 22/4/2013 14:16

Actually I think it did last Monday - just testing! :-)

[newbank] 22/4/2013 14:10

Skinny,


I thought it reached 8.03 last week?

[skinny] 22/4/2013 12:23

New high @£8.03.

[trulyscrumptious] 10/4/2013 19:06

And today. It seems a good bet for the long term, reinvesting the dividends.

[haughtonhoney] 02/4/2013 09:46

Nice performance today.

[skinny] 02/4/2013 07:52

Ho Hum.

Societe Generale Sell 765.00 765.00 634.00 674.00 Retains

HSBC Overweight 765.00 765.00 850.00 850.00 Reiterates

JP Morgan Cazenove Neutral 765.00 765.00 720.00 - Reiterates

[lord gnome] 28/3/2013 18:50

Better - and safer - than a gilt. Buy it down to a 5% yield. First target is 800p.

[skinny] 28/3/2013 11:32

New highs again this morning @770 atm.

[gucci] 28/3/2013 08:48

not bad for the short and medium term either :-))

[trulyscrumptious] 28/3/2013 08:46

Good news for the long term.

[skinny] 28/3/2013 07:22

The Board of National Grid has agreed a new dividend policy to apply from 1st April 2013. The new policy will aim to grow the ordinary dividend at least in line with the rate of RPI inflation each year for the foreseeable future.

In deciding on the new dividend policy, the Board of National Grid considered a number of important factors to stress test the sustainability of the targeted growth rate and the support for strong credit ratings. These included regulatory outcomes in the UK and the US, expectations of delivery under incentive based regimes and sensitivities related to general economic conditions, government policy and other fiscal measures.

Trading update

2012/13 is finishing well, with earnings forecast to be modestly ahead of National Grid's previous expectations. In comparison to previous guidance, a strong UK Transmission business performance and lower net finance costs, now expected to be in line with last year despite increased net debt, should be broadly offset by additional expenses related to February's US storm restoration work and continued system implementation costs. Earnings are expected to further benefit from a lower effective tax rate, in part as a result of a change in profit mix.

National Grid's full year results will be published on 16 May 2013.

[skinny] 22/3/2013 11:10

But I'm sure this may.

HSBC Overweight 755.75 743.50 780.00 850.00 Upgrades

[skinny] 22/3/2013 10:07

New high @754 and probably higher today.

[lord gnome] 22/3/2013 10:04

I think so dgo. The market is coming to appreciate the benefits of a benign eight year deal with the regulator. This is now better than any gilt or bond!

[dgo] 22/3/2013 10:03

You have to ask what is driving this, we had a similar rise last Aug then a pull
back, lets hope this is a step change and a move into a higher trading range.

[skinny] 20/3/2013 08:18

Making new highs again this morning. (752.50p)