National Grid Share Discussion Threads

[tonio] 11/9/2014 11:06

Well, be a little realistic, he answered as the head of National Grid. He is not going to bite the hand that feeds him by criticising the government's energy 'policies'. His job as he says is to ensure that the grid has access to sufficient supply for ample ongoing provision to users. That the government has the policies it has on wind generation, closure of coal-fired stations as well as its historic failure to commit to new nuclear are problems he just has to deal with. They are indeed problems we all will have to deal with but it is the government's policies that have to be changed - which I guess could only happen with a radical change of government next year.

[pierre oreilly] 11/9/2014 09:58

Holliday was more like a politician than anything else. He just wouldn't answer what the plans are when there's not enough dispatchable capacity to meet a cold winter's evening demand. When all other options have been taken, then of course those with smart meters will be disconected, being the lesser of two evils. The other failure on his part, and a political camouflage imv, was his non seperation of dispatchable capacity and intermittent capacity - much of recent generation capacity spending has gone on intermittent capacity which, of course, is more a hindrance to grid engineers trying to balance demand in critical situations. It's a shame the public are effectively kept in the dark about the real situation.

[septimus quaid] 11/9/2014 00:53

Thought Holliday made a bit of a mess of the interview. At the end of the day, he is a petro-chemical man, he should have left it to one of his more knowledgeable underlings.

[m100] 10/9/2014 14:50

Steve Holliday was on the Radio 4 Today programme this morning (discussion of winter demand margin)

1hour 18 min 30 secs in

[uknighted] 02/9/2014 09:10

Hargreaves Lansdowne don't accommodate Scrip dividends.

[utyinv] 02/9/2014 01:33

M100,

It is a bit annoying that Stocktrade do not participate in the Scrip Divi.

I do not know if any other Institution who shareholder shares in ISA Nominee accounts participate in Scrip Divi's, but you are right Stocktrade do not at present.

[neddo] 01/9/2014 10:13

on our way to £10 ??

[brancho] 29/8/2014 11:37

Sorry just found it 27.54p. Can I assume the calculation on a holding of 1000 shares is:

1000 x 0.2754 / 8.361 = 32 shares rounded down to nearest share

[skinny] 29/8/2014 11:35

There is a simple breakdown available by clicking on 'financials' above or for more detail - .

[brancho] 29/8/2014 11:33

can anyone tell me the amount of the divi per share that was declared and that as this was a scrip divi it was tax free so all reinvested. Thanks. B

[skinny] 29/8/2014 11:10

A new high @901.50p

[m100] 29/8/2014 11:06

A fall next week? unless the rumours are correct about a large stake being covertly acquired by parties acting for a sovereign wealth fund...

For reference the scrip dividend price (set 11/06/2014)was 836.10, the market price paid by Stocktrade / Brewin Dolphin on behalf of their clients (settlement 28/08/2014) for dividend reinvestment was 890.96. A difference of 54.86p per share.

Robin B'stards?

[2hoggy] 29/8/2014 08:50

£9,today hurrah at last.

[gucci] 28/8/2014 16:51

and a divi of 4.73%

[neddo] 28/8/2014 13:05

£9, this week ?

[neddo] 28/8/2014 13:05

£9, this week ?

[pierre oreilly] 28/8/2014 09:23

Because it's gilt like in risk and equity like in rewar

[adelwire2] 28/8/2014 08:51

Why more and more sh price increases?

[gbb483] 26/8/2014 06:34

The amount of demand created by DRIP is insignificant. Whatever is driving the price, it isn't DRIP.

[utyinv] 21/8/2014 17:56

Zulu001

As Newbank says it does. There are exceptions but if you look at the trend since 1995/6 when they were floated it does.

[zulu001] 21/8/2014 16:49

"Usually goes up on the day and day after the dividend is paid, then falls back."
2013 Paid 21/08/13 fell 4p
2012 Paid 15/08/12 fell 3p

[newbank] 21/8/2014 16:34

m100,

There are lots of Investors; Institutions, Private Investors, and Staff that use the divi's paid to re-invest in buying more shares. This creates a natural demand and the price goes up. However, there are others like other institutions or those wanting to short will see the spike, off load to take profits and the price falls. It has happened nearly every time with Grid unless there has been an issue that has affected the whole market or sector.

Many Institutions that hold investor shares in nominee accounts like Brewin Dolphin ensure they account for all the divi's coming in then once accounted for block buy.

Take a look at LLoy it is controlled within a range up and down throughout the day in the 73-76p range and many large Institutions like the Hedge Fund institutions are making millions every day selling high, buying low and then again following the trend via computers. You could do the same thing (on a smaller scale). If you have an account with a good broker you can sell shares, the money generated is not available as cash till settlement, but within the trading account the money is registered as being available to buy new shares. That is what day traders do.

[m100] 21/8/2014 13:01

"Usually goes up on the day and day after the dividend is paid, then falls back. This is partly due to Investors re-investing their dividend."

With T+3 settlement???

[newbank] 21/8/2014 12:34

Usually goes up on the day and day after the dividend is paid, then falls back. This is partly due to Investors re-investing their dividend.

[grahamite2] 21/8/2014 07:26

Do you even need the lines? It's plainly a very healthy chart and the stock is a must for every income portfolio.

I dare say it'll pull back a bit in September but who cares?