National Grid Share Discussion Threads

[utyinv] 23/11/2017 00:20

Pierre,

Just a bit of fun, that’s all :)

[pierre oreilly] 22/11/2017 22:38

Not sure what all the mystery about the price on the xd date is ... it'll initially open with a mid 15p below today's closing mid. Then immediately after that it'll be governed my normal market forces. if it closes say 10p down tomorrow, then that'll effectively be a 5p gain as far as shareholders are concerned. (all ish).

guessing exact prices is just the same as guessing red or black on the roulette wheel.

[bountyhunter] 22/11/2017 19:51

ok the header is correct now, don't know how that happened, I still think that an initial drop of 20p is most likely with a closing price up on the day taking the 15.49p xd into account

[f880gna] 22/11/2017 19:18

This seems to have turned into the politics and history thread for the terminally ignorant.

[utyinv] 22/11/2017 19:09

Warranty,

Very good point, tend to agree about being a buying opportunity long term. How much it falls is down to the big boys and how much they want 'out' of NG :)

Their divi is already in the bag for January 10th.

They may take capital out to invest in another stock that is about to start rising (usual trend is to rise up to Xd date not drop over two weeks prior like NG) up to an Xd date in the near future, make income from that and hopefully sell once that stock has gone Xd and if they bought in roughly the same price as they sell out then Money in the bank.

This trend tends to go on through many stocks, that's how these City boys make their £millions of bonus.

My rough guess is that they will be back into NG in the run up to final results in May and stay put to qualify for Final Divi which goes Xd 31st May paid in Aug.

That is if there isn't political upheaval in the meantime :) AIMOO

[utyinv] 22/11/2017 18:55

No Bounty,

Its tomorrow 23rd Nov. Friday is the record date. So yes the header is wrong sorry.

from the NG calendar : 23 Nov 2017 - Ordinary shares go ex-dividend for 2017/18 interim dividend


However, trend usually is for a fall on opening then a slight recovery then usually another slight fall on the record date even the record date shouldn't effect the price (its just when the registrars calculate who had shares on the closing of today 22nd Nov.

Interestingly though the Xd date for US adr's is Nov 22nd. It dropped late last night and on open today it started reasonably but the dropped but has since regained. May be promising omen?

[bountyhunter] 22/11/2017 18:45

Isn't the XD date Friday?
We seem to be going back up now so I will forecast the opening drop at just 20p :-)
The Brexit contingency fund announced today by PH (or was that at the insistence of TM) is good news.

[veryniceperson] 22/11/2017 16:30

18 UtyINV any more than that daylight robbery.

[utyinv] 22/11/2017 16:11

Wait for the drop tomorrow and possibly a little more on Friday.

Any guesses by how much by Week-end?

15.4p >>>> 20p or 25p or 30p

Guessing game, LOL

[atlantic57] 21/11/2017 13:36

The good stories with regards to the benefits of capitalism never get publicity. I acted for a client who sold his business for 250 million .
Every single employee shared in the proceeds and the longest serving employee with
21 years service who was an administrator received 3 million pounds.

[willoicc] 21/11/2017 11:52

There are many voters who see the rich, greedy fat cats with their snouts in the trough on a feeding frenzy. Meanwhile these same greed merchants tell decent workers that their jobs are being off-shored somewhere cheaper. The fat cats never offshore their own jobs somewhere cheaper. Pure arrogance.

Students see their fees going up to line the pockets of top university staff increasing their salaries with no restraint.

Who would they be likely to vote for?

[septimus quaid] 21/11/2017 02:56

UtyINV, you were asking about NGG short positions on NYSE.

Compared to LSE, the determination of short positions does seem more opaque.

However, from the links below:

*Shares short 1.12M
*Short ratio 1.79
*Short % of float 0.00%
*Shares short (prior month) 872.79k

Based on the above figures, the % of shorts seems v. small (negligible?)

...although increasing

If you also take the zero number of short positions on LSE (linked below), for such a highly liquid and available stock, it's hard to see where all this negative sentiment is coming from (certainly not from your traditional shorters).

[wllmherk] 20/11/2017 23:30

A Corbyn Gov is a real possibility, just look at the recent share price falls of all the utilities. The thought genuinely terrifies me, there are many voters who are really thick out there.


wllm

[utyinv] 20/11/2017 23:12

Newbank,

Good post,

Ramellous, the North may not like Corbyn but they hate May more and they may just vote blindly in order to get rid of the Conservatives.

[ramellous] 20/11/2017 22:35

Why are you lot so hung up on a labour govt getting in? I work in industry in the north east and it ain't gonna happen.. Staunch Labour ground traditionally but there is no real love for Corbyn here..

[utyinv] 20/11/2017 19:30

Sorry about post 5381 got my dates muddled up. They go Xd on Thursday so my 25p drop prediction will be based on Wednesda’s closing price. Further drops could occur on Fri at record date. Record date is just the admin data collection but 99% of the time they do fall on this date too! I hope I am wrong about the drop!

Also I note that in the US the adr’s go Xd on Wednesday 22nd Nov.

What a depressing continuous drop since the Interim results. Quite surprising as usually the shares rise up to Xd date THEN fall.

Wonder what John Pettigrew is making of this disastrous fall in share price?

Especially as the CEO’s main responsibility is to maintain and grow shareholder value.

Wonder if he and the ‘Board’ will get their Christmas bonus?

I am interested in understanding how McDonnell in the event of Labour being given the opportunity to Nationalise Grid, how he would swap Shares for Bonds? What if shareholders refuse? Can they challenge that in EU courts claiming the U.K. Gov is depriving Owners of their assets and claim that such actions is against human rights😀? The way Brexit is going we will still be under EU court rules till 2021 earliest.

[utyinv] 20/11/2017 15:45

Look what happens at 14:30 (US Open) someone over there must be shorting it!

[arf dysg] 20/11/2017 13:35

coxsmn (5372) "Please can we stick to discussing National Grid on this thread rather than a political debate between remoaners and leavers."


If you want to stay out of the debate, you should stop using words like "remoaners" which are specifically used by only ONE side of the debate.

[atlantic57] 20/11/2017 13:34

Uty I agree I expect a fall of the size you Suggest.

Ng seems to be completely out of favour for the reasons mentioned.

[arf dysg] 20/11/2017 13:32

UtyINV (5352) "David Davis said he wants to retire in 2019."

That's what they do to replicants, isn't it? There are probably a few who would like to retire David Davis.