National Grid Share Discussion Threads

[sharesoc] 13/11/2017 20:10

There is a blog post on the National Grid available here:

[utyinv] 13/11/2017 16:38

Do we know if Grid is being shorted in the US?

We can easily check the UK disclosure list which doesn't have any shorts on NG but US....?

[utyinv] 13/11/2017 16:14

Bounty,

David Davis said he wants to retire in 2019.

[utyinv] 13/11/2017 15:50

Yep,

14:30 US markets open and down she goes! Short reprieve at about 3pm but then resuming its fall!

LOL!

[bountyhunter] 13/11/2017 13:04

Good point, added, but I expect some will still ask! ;-)
...that's all we seem to have to look forwards to atm :(

maybe David Davis will take over and things will improve

[utyinv] 13/11/2017 12:43

Bounty,

FYI

The calendar dates do not show the Interim Divi on the 10th Jan 2018.I know you have included a link to the whole Calendar in addition to the individual dates but before anyone starts asking "when is the divi paid" .......as I am sure they will do. :)

[arf dysg] 12/11/2017 20:53

careful (5345)

"Always difficult to predict the future."

"We were to have replicants that looked like beauty queens."
"Hard to spot the difference from the real thing."


With the amount of plastic surgery and cosmetics one can have these days, maybe the difference between human and replicant is getting smaller!

[utyinv] 12/11/2017 14:06

FYI only,

John Pettigrew CEO of National Grid has just been appointed to the 'Board' of Rentokill aa a Non-Exec Director.

He will take up the new position on 1st Jan 2018.

[careful] 10/11/2017 19:19

The only thing we can predict with certainty is that we will still be agonising about our relationship with Europe.

500 years and counting.

[careful] 10/11/2017 19:16

Always difficult to predict the future.
In the 1970's we were to run out of oil by now.
Things change very slowly.

That original Bladerunner film of the 1980's.
We were to have replicants that looked like beauty queens.
Hard to spot the difference from the real thing.
Those transport vehicles.
Not even close.

Cars and jumbo jets look very similar today than they did 30 years ago.
No Concorde, now that is a change.

I do not think that all electric will take off.
Internal combustion engines will be everywhere in 30 years as now.

[utyinv] 10/11/2017 18:22

LOL ! It looks like Deutsche has NG as a 'Sell' with the GBP 9.0 target programmed to be published every few days. Hasn't anybody told them that its already hit £8.94? Does that mean Deutsche now believe NG to be a 'Buy'? :)

[1662] 10/11/2017 16:46

m100 Very interesting information you have put forward.

The below link is a interesting read, it is basically National Grid saying that we won't be charging our cars at home, we will be charging them in charging point stations with fast charging points that could charge a car in 10 minutes.

hxxp://fes.nationalgrid.com/media/1281/forecourt-thoughts-v12.pdf

[m100] 10/11/2017 16:04

'Local generation' being across an area maybe 30-50 miles x 30-50 miles with embedded renewables balanced by Small Modular Reactors at the existing Grid suppply points Fossil fuels will be totally off limits by 2050. Individual demand per person / per household being matched to generation and controlled by real time pricing. The need to shunt energy around the country will be a very distant memory.

[careful] 10/11/2017 15:41

local generation?
a zillion windmills, or diesel , or gas, how many local generation plant to replace the big stations, including nuclear.
Going electric and carbon free could be a dirty business.

[m100] 10/11/2017 15:30

"Think of the potential of 25 million cars drawing electricty from the national grid."

Can't recall where I saw the figures but the private motorist does around 7500 miles per annum, 140 miles per week, well within the range of one 'charge' Even if everyone transitioned it's 100kW*52*25 million = 130TWh/annum, about 1/3 more than the UK uses per annum at the moment (circa 350TWh)

Take typical usage of a couple of hours a day and you potentially have at least 150 hours a week to accumulate a full charge, or about 600W for 22 hours a day, with maybe around 40 hours a week 'at the office' rather than at home

Very little of that additional demand will require additional grid infrastructure spend, the majority will be at the DNO level (what used to be the local electricity board) and the impact of fully decarbonising home heating and hot water by 2050 will impact the local networks much more.

Embedded generation with waste to energy plants will also become more common as landfill becomes more expensive, the sites get full and the potential of an income stream from waste is recognised.

It's quite possible that a National Grid will not be required 30-40 years hence, local generation and local demand being the norm.

[1662] 10/11/2017 14:43

atkantic57 In my opinion this stock is one to keep. It is the one company that everyone in the UK uses everyday, the only downside is that it could be a target for politics, Labour wanting to nationalise it, Conservatives wanting to implement a energy price cap.

I think that nat grid can weather the storm and stay strong, I will certainly but more if it drops to 900.

As for the charging points for electric cars, they could be on the cusp of something big. Think of the potential of 25 million cars drawing electricty from the national grid.

Plus they have a nice divi yield of over 5%.

[careful] 10/11/2017 14:38

That is a question we all struggle with, sell/hold or add.
Already 20% down from its peak.

Amazed how low these shares go sometimes when the high frequency algo momentum traders get into their stride.
Fundamentals do not seem to count anymore.

I will hold, take the divi's and look away.

[atlantic57] 10/11/2017 14:03

careful thank you is this stock one to avoid or one to tuck away..

[careful] 10/11/2017 13:59

I am still holding these.
but the 2 way political risk is real.
As stated in todays Telegraph, both Labour and tories have power costs in their sights.

NG. defended itself yesterday saying that since privatisation transmission costs have reduced 36% in real terms, and that many billions have been invested updating infrastructure.

But with this pathetically weak government a robust defence of the advantages of privatisation will not happen. Come back Maggie.

HMG fear inflation, and the Brexit disaster has not even begun yet.
Tough times head.

[atlantic57] 10/11/2017 13:51

Forgive me ,why has ng slumped from around 10.60 to below £9 in a short time frame.No doubt there has been detailed discussion. However per the boe the threat of rising interest rates seems muted, therefore the de facto bond argument seems to lack credibility.


Any summary comments appreciated.

[bountyhunter] 10/11/2017 12:25

good point, but do NG have any plans to set up a network of charging points - presumably it will just 3rd parties?

either way of course a lot more electricity will be needed if to replace petrol/diesel

it would be a bit of an irony if the extra electricity was generated with gas fired generators although presumably more efficient with less pollution overall

[1662] 09/11/2017 22:18

Have no plans of ever selling my holding of National Grid.

The banning of combustible engine cars will surely help Nat Grid, all the charging points for electric cars will make the National Grid a lot of money?

Big things ahead for the National Grid as long as Jeremy Corbyn doesn't get into Number 10.

[septimus quaid] 09/11/2017 21:09

Can’t get away from them, saw a national grid liveried van at Jamaica Plain, Boston today.

[prewar] 09/11/2017 19:34

Results didn't look great today, lots of commentary on political risk, they referred directly to Hinkley which must be a big concern as to the future direction of travel.

I think the RIIO T2 equity element of the return will get battered in the next agreement, see presentations from the links below:





On the positive side high RPI currently and there's a fair bit of cost that could probably come out of the business if push came to shove.

I think £8 is a distinct possibility, it'll lose 15% of the drop to get there when it goes xd. However it'll be a good yield at those sort of prices and can't see it going much lower. Not sure there's much chance of £11.50 in next few years but personally I think that was market over-reaction to $ earnings which I think are largely balance sheet hedged.

I still see a correlation with gilts going fwd but the political risk has reset the dial, IMO. Still 2-3% share price growth and 5% div yield p.a would be ok, i'm long fwiw.

DYOR etc etc.