National Grid Share Discussion Threads

[warranty] 14/12/2017 18:21

Pogue, I think the purging that is going on within the Labour Party is exactly the thing that will destroy them long before theext election. I do take your point about the youth vote increasing and of course almost anyone under 30 has never seen the pain and destruction a left wing government can inflict but I just don't see our youth being stupid or gullible enough not to see through the empty promises. I might be being gullible myself of course. Social Media has certainly changed the landscape but I don't see the Tories not attempting to also use that medium. I think all these perceived problems are what's unnerving investors around shares like NG and whilst I also agree with your and Warren B's rule I also follow his belief about buying shares when they are on offer below their value which I believe NG, SSE and CNAcertainly are. Remember, you only lose money if you sell and I don't intend doing that for a very long time.

[srpactive] 14/12/2017 16:28

Going a lot lower.

[pascocl] 14/12/2017 16:22

Royal Mail dropped to £3.67 a short while ago (due to negative sentiment) and is now back at £4.45 - NG can change just as fast. £8.60 (ex div) seems a very good entry point. The company is even buying back its own shares on a regular basis. 5.2% yield seems fine to me, and cannot see why not safe (dividend cover is high). Questor's income column selected this stock at around 10.50 (albeit over a year ago). The only real negative is the threat of nationalisation, but then all stocks should be collapsing from a general (perceived) threat to capitalism from Jeremy Corbyn's brand of socialism.

[pogue] 14/12/2017 09:35

Oh regards the Tory party attacking the rebels its somewhat different and a normal part of Tory politics and has been for years they have 2 opposing wings in their party
and have never deselected anyone for thinking the opposite. There is a huge difference from suggesting deselection and actually doing it as the Labour party is.
I hate all politicians so please don't assume I am Tory I can see you beginning to think that. I see Corbyn's methods and ideology the biggest threat to the UK stockmarket at the moment even more so than Brexit. I am an investor and assess risks as objectively as I can so am positioning myself to prevent large losses if he gets elected. I am starting early as I worry the opinion polls will inflect and Labour will start gaining a lead as the Labour machine gets into top gear and the Tories fall further back as the negativity of the Brexit negotiations bite and the initial gapping down in economy while the government negotiates new trade deals world wide to compensate for the loss of trade with Eurozone. If I am wrong that's fine but as I will be putting the cash in other what I consider safer investments, all I will lose is the investment gains that can be made in one industry over another.
First rule of investing don't lose money. Second rule of investing see rule one.

[pogue] 14/12/2017 08:57

I call purging the non selection of anyone who does not support the leader's views and deselection of those already elected that refuse to accept. That is what is happening in the Labour party across the board. Assuming you believe the news of course and its not all lies spread by the establishment to discredit Corbyn.

[prewar] 14/12/2017 08:25

Pogue, interesting pov, by purging of the party do you include deselection of mps?

Not sure seen that much of that to date but might be wrong. Was also odd to see Nadine Dorries proposing the same last night after the EU vote for the Tories who had effectively ensured government lost the vote.

I'm still long here but will monitor closely, cost of capital coming down fast is big risk on my radar.

[pogue] 14/12/2017 07:58

Your rampant optimism has made me think about why I am selling. My conclusions are below and I shall continue to sell and resist any temptation to buy NG, or SSE where you made a similar post to this. Good luck with your strategy I prefer not to gamble on politics at the moment and will put my funds in other areas, I am looking at selling my banking holdings in due course as well no point in taking avoidable risks.
Corbyn has learnt from the Left’s failures of the past, he was part of most of them, and is purging the party now of anyone who contradicts him. His methods are tried and tested in many communist parties around the world and work well. This did not happen in the past as people were aware of the brutality of Stalinist communist tactics as they were still in living memory so backed away from this iconic leader purging the party type of politics.
The Tory party is the party falling apart not Labour witness yesterday’s vote, there will be deep divisions for a long time over that, plus the next vote on the fixed leaving date of Brexit which is part 2 of this Europhiles’ rebellion.
Current polls have the Tories with a 1 point lead. Add in the fact that the SNP would back any Labour minority government, and the Lib Dems probably would as well, and you have a large vote against the Tories in any election for a while.
Labour party voters are young, there are more of them coming to voting age every year the Tory party supporters are old there are less of them every year.

[warranty] 13/12/2017 17:48

If you look at it realistically, this is a screaming buy on fundamentals and opportunities, especially across the pond. There is not a cat in hells chance of the UK electorate ever voting in a Marxist government. Anyone who is old enough will know that long before the next election, the Labour Party will have destroyed itself with all the internal fighting. History, thankfully, will repeat itself and despite Corbyn con act with young voters last time, they've seen through it now. Secondly I can never imagine the Tories making such a complete dogs breakfast of an election again. So along with NG. I'm also filling my boots with SSE and CNA which are just too good to miss just now.

[srpactive] 13/12/2017 15:45

Chart looking a little weak at the moment 850p likely
then who knows, I don't, I do not hold just looking, dyor.

[utyinv] 13/12/2017 11:35

Sept,

Got to be very careful in trying to cross reference Water and Energy industries. Water falls from the sky, Energy transmission is far more complex and expensive.

Though both industries are ex Nationalised industries they are different in many ways.

You make a good point about borrowing. It’s ok saying you can borrow cheaper as a Gov but depends on the credibility of that Gov. An old friend in banking states that despite what people think about borrowing and the perceived ability to gain finance, it’s very different from when you actually apply.

How many would want to finance a Marxist Gov?

Even if the Marx Brothers get into Gov I don’t believe they will last long. You can imagine what our cousins across the pond will say about the U.K. becoming Marxist and that’s from either Democrat or Republican! Don’t forget the anti-communist feeling that consumed the US during Kennedy’s administration, Democrats don’t like extreme left wing Governments.

[septimus quaid] 13/12/2017 10:50

"There has to be a question about whether government would do that if that were to land on the public balance sheet, but of course, government can borrow more cheaply,"

Is this true when there is an unproven marxist government at the helm?

[prewar] 13/12/2017 09:01

Extract from same article

Ms Ross said nationalisation would be a political decision, but that since privatisation, water firms had invested £140bn.
"There has to be a question about whether government would do that if that were to land on the public balance sheet, but of course, government can borrow more cheaply," she said.

As I've said a few times before if changed just the capital structure of regulated monopolies you could reduce prices to consumers.

[prewar] 13/12/2017 08:59

Read across to NG, cost of capital reduced from 3.74% to 2.4%, similar reduction if applied to NG's RAV would be huge.

Personally I think this sort of regulator intervention is a big part of the current share price depression. It's not going to go away any time soon.

[septimus quaid] 12/12/2017 21:29

Picked this up on Twitter (a Tory win, hung parliament or a weak Labour win should be good for NG shareholders):


Exclusive: Times/ YouGov Poll
Voting intention has the Tories back ahead for the first time since the June election
CON 42%(+2),
LAB 41%(nc),
LDEM 7%(nc)
Changes on last week. Poll taken Sun/Mon

[coxsmn] 12/12/2017 19:32

I will say this once, its not often there is such a good buying opportunity here.

[utyinv] 12/12/2017 09:54

Computers were switched on a bit late this morning. Fall occurred at 9:00 hrs rather than the usual 08:30. Someone is definitely keeping this down. Steve Hollidays view that this stock should be £13/ share; we may have to wait a while before that occurs.

[prewar] 12/12/2017 09:53

Nov RPI 3.9%

[bountyhunter] 08/12/2017 17:28

Hi UtyINV, still here, just catching up after a busy week!
SQ - I've also tried watching Russia Today for the same reason, if only we could choose not to pay the license fee for the constantly biased BBC and just watch the free channels. I don't mind the occasional ad break as long as not excessive.

[utyinv] 08/12/2017 10:08

Bounty, haven’t heard from you in a while. Are you still holding?

[trader2] 08/12/2017 08:03

NATIONAL GRID-BUY 970P(1030p) Update post Ofgem’s ‘annual iteration process’

[septimus quaid] 07/12/2017 19:47

I prefer Russia Today over the BBC, at least you’re expecting some kind of bias.

The BBC are in denial, peddling their left wing propaganda (at poor people’s expense).

[arf dysg] 07/12/2017 15:38

UtyINV OK, but your original comment didn't say anything about the woman claiming poverty for her child. You just said "the news report on the BBC yesterday regarding Pensioner and Child poverty figures".

[utyinv] 07/12/2017 15:19

Arf,

The TV was off. LOL

If the young lady was able to dress well, look well fed, has a massive 'state of the art' TV and a home that looked nice then why is she claiming poverty for her child?

Moral of the story is if you had your last £10 and your choice was to spend it on:

a) feeding the child
b)Drinking it away, or smoking it away
c) spending it on your own clothes
d)Night out with friends
e) Towards Holidays

The only choice that is morally correct is a) Feeding the child.

You bring a child into this world ...its your responsibility!

The rest b) - e) are luxuries.

It's not about making assumptions, its about making people realise that those that complain about their lives are more likely to have it far better than what many of the older generation had to cope with when they started out in life. Its all about Choices in life and following the right moral path in life.

If you follow a hard working philosophy, accept responsibility for your actions and be seen following a moral way of life there shouldn't be any reason why children in this country be classed as being in poverty. The only thing we had was child benefit which was a universal payment. Now you have Child benefit, child tax credits, etc etc. Much more than what many of our older folk had at their disposal when bringing children into this world.


Most perceived poverty is a result of society going to the dogs.

I accept more should be done for the aged and infirm!