National Grid Share Discussion Threads

[careful] 23/1/2018 13:10

I am holding here.
I like the idea of the US assets being worth more than todays market cap.
But that is not logical. Why does the share price not reflect this?

[wskill] 23/1/2018 13:02

Whatever the Labour Party do if they ever manage to win an election will not matter to ng shareholders as the value of the USA ipo will be above today's market cap.

[careful] 23/1/2018 12:35

The Corbyn threat is real and misunderstood.
The billions these utilities would cost would be a bargain.
Even the possibility of nationalisation would send the share prices much lower.

The labour government could borrow money at reasonable rates and purchase valuable companies at a fraction of their true value.
These are not lame duck nationalisations, these are strong well run businesses.

It would be a great purchase for HMG. Matching the traditions of Empire, we purchased the Suez Canal from a crooked king, BP was formed by acquiring middle eastern oil assets at low prices. The list is endless.

Maybe the new looney labour would run them just as well. CEO max salary £150k, same as the prime minister.
What about talent...we do not have that now, £150k is enough.
Beware new loony left labour could be the shape of things to come.
Forget their past mistakes. That have learned.
Underate at your peril.

[1carus] 23/1/2018 12:24

wskill .... tending to agree with you.
Bought a chunk --- it also averages down my price on my existing shares!

[wskill] 23/1/2018 12:14

I bought ng on the basis that they will have to float off the USA arm ,which will have a value above today's market cap,in the meantime a yield of 6% whilst we wait if you can find better value In the U.K. Market today I would be surprised

[andyj] 23/1/2018 12:12

The problem is it depends how socialist they wanted to be. Or their shadowy driving force, Momentum. The socialist country I live in is quite happy to take anything under government control.

[1carus] 23/1/2018 12:06

Tempted to buy at these levels. This is just wrong for so many reasons. Market cap is currently at 27B and Debt will be at close to 3B in 2021. The value could well fall further by then -say 20B. If Corbyn wants it he is going to have to still find 20B at least from somewhere. I think he will have to give a cash as well as bond option else I can see massive court issues - Under EU law it is illegal for a state to take personal assets without fair compensation, not that we would be under EU law by then but likely to have 'adopted' that set of laws. The likelihood seems that the company will split the USA activities out which will definetely find true market value.
The share has lost £3-£4 since the earlier highs, that's nearly 40% of its current value I would not be surprised if the foreign part of the company's dealings was worth £8 in real terms if removed from the threat of the chuckle, sorry, Marx Bros.
However, as a long term investor it's all very frustrating, I just hope that people wake up to and smell the coffee as investments and pensions are going to take a hammering if that duo get hold of the reigns .

[wskill] 23/1/2018 12:02

A good play by ng. Why not put it out for tender they can get the best deal for the consumer and ng.can make a reasonable margin ,with the cost to consumers for Hinckley at an unbelievable level already what is being saved by giving ng.a loss making contract will be a drop in the ocean.

[thecroots] 23/1/2018 11:46

I'm lost db? Why wouldnt I like your answer?

[jonwig] 23/1/2018 11:33

I think a "minded to" statement is rather like an opening bid: discussion welcome. And a simulated tender is a bit weird when no other bidders could even appear.

[db125] 23/1/2018 11:32

Does NG have an obligation to take any contract on OFGEM's terms? Presumably NG
would be reluctant to lose control of part of the grid.

[db125] 23/1/2018 11:25

"so why did he delete his comment"
I doubt you would like my answer to that:)

[warranty] 23/1/2018 11:16

Trader2, I agree the time has come to tell Ofgem to do one. I think the assumption that NG. Would just accept such a derisory offer on a very complicated and risky contract probably sums Ofgem up perfectly. Either discuss a deal with NG directly to arrive at a reasonable cost or put it out to tender and see what you get but unlike with Carrillion make sure whoever wins can actually do the job properly and within budget.

[srpactive] 23/1/2018 10:49

T

Yes I did come on here to look for a friend, you are wrong,
I did not mention the word 'here' as I am not.
No comment on any BB makes a difference, it is what is happening
with the company or the political environment.

[action] 23/1/2018 10:02

it appears that NG may have to consider splitting company in NG USA & NG UK to avoid further shareholder value deterioration.

[srpactive] 23/1/2018 09:51

Crikey I said increasing, to the two others posters
C and GC who know where I invest. Which I said I did
not wish to mention on another board.

Really.

Edit:
Thank you db, but please do not bother, as I mentioned I
do not wish to cause trouble.

[db125] 23/1/2018 09:49

thecroots
Personally I welcome all posters on here and with very few exceptions comments are constructive. It was very clear to me that srpactive did not hold NG that he had looked at NG, had a pessimistic view from what he saw, that he held Highland Gold and had an optimistic view. There is certainly no obligation to hold a share to be allowed to post.

[thecroots] 23/1/2018 09:43

No you said increasing here not elsewhere.

[srpactive] 23/1/2018 09:34

Yes, I was saying I was increasing elsewhere, but to
help I removed it, I will leave it there, you
seem a nice group here so I do not wish to bring
upset so I will not post here from now on, good luck all.

[thecroots] 23/1/2018 09:12

Just don't get why you are here for a friend. Makes no sense. Never heard of posting on a bb by proxy

[thecroots] 23/1/2018 09:10

No contango. He has deleted some of it.

[careful] 23/1/2018 09:09

Agressive regulation from the Tories nationalisation threats from labour.
Utilities not the place to be right now.