National Grid Share Discussion Threads

[scrapman] 29/5/2013 10:48

any reason for todays drop ? seems a lump at 5%

[miata] 29/5/2013 10:44

US Treasury yields apparently.

US shareholders hold 40% of NG and the rise in US treasury yields means a fall in what they are prepared to pay for NG (in order to get a higher yield).

[skinny] 29/5/2013 10:34

Sitting on the 50ma.

[lord gnome] 17/5/2013 16:04

What's up with Deutsche? Are they trying to get stock on the cheap?

[skinny] 17/5/2013 15:15

Deutsche Bank Sell 830.25 600.00 600.00 Retains

Morgan Stanley Overweight 830.25 880.00 880.00 Reiterates

[daveofdevon] 17/5/2013 15:11

If you think the answers you get are going to guide your decision making you may as well use your cash to light the fire.

[skinny] 17/5/2013 05:26

National Grid insisted it was well set to meet its target of delivering inflation-proofed dividend payments in the coming years after striking long-term deals with UK and US regulators....




National Grid Plc (NG/), the operator of energy networks in the U.K. and North America, said fiscal full-year earnings rose 6 percent as growth in its British business countered costs from a hurricane that hit the U.S. in October.

[neddo] 16/5/2013 16:07

very happy

[5l1m] 16/5/2013 15:58

MIATA - Thanks

[haughtonhoney] 16/5/2013 08:42

Thank you Skinny

[skinny] 16/5/2013 08:39

For your bookmarks -

[haughtonhoney] 16/5/2013 08:37

When's ex-div date?

[skinny] 16/5/2013 07:59

Bank of America Merrill Lynch Neutral 822.25 800.00 820.00 Reiterates

[darias] 16/5/2013 07:49

MMs trying to pick up stop losses after the recent climb?

[gbb483] 16/5/2013 07:27

Standard response, a reasonable report so the share price takes a nose dive.

[skinny] 16/5/2013 06:06

Good financial results led by solid operational performance in 2012/13
· Operating profit[1] up 4% before currency movements, timing and major US storms[2]
· Profit before tax1 up 6%
· Earnings per share1 up 12% to 56.1p, up 13% excluding timing and major storm impacts
· Continued strong UK performance. Improved US regulated return on equity: up 40bp to 9.2%
· Recommended full year dividend up 4% to 40.85p in line with one year policy

Significant strategic and regulatory progress
· Agreed new eight year UK price controls covering nearly £24bn of regulated assets
· Finalised four US rate cases with two others settled, pending approval: covering approximately 55% of US rate base
· Capital investment of £3.7bn, contributing to £2.7bn growth in regulated assets
· Strong financial position: issued £2bn of very competitively priced hybrid bonds

Outlook for 2013/14
· Continued growth driven by efficient investment, strong operating cash flows and attractive returns
· New dividend policy to apply from 1 April 2013 - aim to grow the ordinary dividend at least in line with the rate of RPI inflation each year for the foreseeable future

[miata] 15/5/2013 16:01

No we are talking about the approach to SVT.

[5l1m] 15/5/2013 12:01

Have I missed something - why would you speculate as to some form of takeover?

Are we talking about the GE Capital thing touted last year?

[skinny] 15/5/2013 06:20

Morgan Stanley Overweight 847.00 847.00 775.00 880.00 Reiterates

[lord gnome] 14/5/2013 15:10

It had occurred to me as well :-)))

[haughtonhoney] 14/5/2013 13:32

Weird.

I was thinking exactly the same thing m100.