National Grid Share Discussion Threads

[utyinv] 05/2/2018 17:58

Bounty,

The 'Y' Axis on your graph showing NG, SSE and Gilts might need recalibrating as NG and SSE approach the floor. LOL.

To think that to get to where the share price was 6-7 months ago we need a 45% increase. Unbelievable and laughable.

Apart from the news last week that the new US tax system was neutral for NG and positive for customers, we don't appear to have had a trading update yet. Or one that I am aware of. It's usually in the second week of Feb but I cannot see any update which is normally registered on the LSE website?

I must admit when Steve Holliday was at the helm of the ship he was always giving presentations and plugging NG to the 'City'. But this doesn't appear to be JP's style. That would not be a issue if his silent technique was working.

If NG are waiting for the final decision from OFGEM, due in the spring, there appears to be a lot of opportunity for the Hedge Funds to capitalise on uncertainty.

Two weeks ago NG stated in response to OFGEMs Hinkley proposal that they will decide what action / strategy to take within a few weeks, as they have a number of options available.

We wait with bated breath, LOL.

[srpactive] 04/2/2018 20:01

Exactly UK/EU.

[blake715] 04/2/2018 15:33

Time to get out, before I loose my shirt

[jonwig] 04/2/2018 14:35

@ Mirandaj - thanks for the link.

@ srpactive - Madoff was indicted (in I think 2008) as the GFC unfolded and was the least of the SEC's worries. I've a reasonable confidence that they are better now at forward thinking. In the meantime they have been pretty effective at exacting large fines from banks. (Admittedly a lot of these banks were UK/EU businesses, but accusation of bias is a different matter.)

[srpactive] 04/2/2018 12:12

J

Yes quite right and no not looking for any such theory.

Re: ng. and the US, I forgot they are cleaner than clean,
where was Bernie Madoff from.

[jonwig] 04/2/2018 09:58

@ srpactive - the hedge funds who sold CLLN short are quite open about why, and 'reverse factoring' was one of the practices. It can be dug out of the accounts (as can the lengthening creditor-debtor imbalances), but most fund managers don't go far enough into their research to find stuff out.

I suspect you're looking for a conspiracy, but 99% of the time the obvious reason is the correct one.

But we're supposed to be talking about NG. and I'm pretty sure it's 'clean' in that respect, as US regulators are far more perceptive in their scrutiny than UK ones these days.

[srpactive] 04/2/2018 09:05

J

You mention clln, this week will shine a light on
who was to blame, and if massive amounts of money
was owed, who knew and used it to short.

[bountyhunter] 03/2/2018 10:31

the big drop on the Dow yesterday should be a good test on Monday morning of how defensive utility stocks are in the current climate

[srpactive] 02/2/2018 19:32

J

No of course I did not, but as I said who are worst hit
in the clln situation, the subbies, the staff who have
just been dismissed and the private shareholders.

Who are not bothered or affected, the past million earning
bosses and the banks who write it off, and I forgot
the shorters. If they wanted to do the job of the
canary bring all the wrong doings to the knowledge
of the authorities before the staff are jobless.

Just my thoughts, you obviously disagree, not a problem.

[jonwig] 02/2/2018 17:15

@ srpactive - yes, but ... did you use accounting tricks to deceive in your contracting business? Did you pay yourself a huge salary and neglect your employees' pensions? You see the drift.

[srpactive] 02/2/2018 16:50

J

I have run a contracting business and when a customer will not
pay until you do the next job it is difficult, you get in a
trap, if you do not do the next job you are replaced and have
no chance of getting paid as they do not need you, if you
do you are getting deeper involved financially.
It is just my opinion that some people do not kick something
when it is down, if concerned and want to assist as a canary
did, write articles and publish them, not wreck them.
The only people really hurt in the end are the workers and
small investors. The banks just write it off, the top brass
move onto another good job, so a canary was there to protect
the workers, shorters definitely are not, remember that.

[jonwig] 02/2/2018 16:36

@ srpactive - shorters: did 19th century coalminers kill the canary which warned of poison gas down the mine?

They are taking a view and are often wrong. But was it the fault of shorters that CLLN went bust?

[coxsmn] 02/2/2018 16:15

2018 yield of 5.7%. Nice.

I continue to add here.

[srpactive] 02/2/2018 16:11

c

Seen it all before.

[coxsmn] 02/2/2018 16:07

Srp, director buy today £347k. Close now i think.

[arf dysg] 02/2/2018 15:39

Oh, dear, she's going down, I can't hold her any more!!!

I can't believe this is still going down.

Meanwhile, the dividend and P/E are going up. When I win the lottery next month (ha ha) I may have to buy some of these.

[atlantic57] 02/2/2018 14:37

I think the Political uncertainty is overplayed here.

Potentially rising interest rates and
Inflation appear more relevant.

[srpactive] 02/2/2018 14:27

Sorry BH I did not see your reply.

[bountyhunter] 02/2/2018 14:10

Newbank

>>I am surprised why the BBC allow him to continue in his biased ways.

They allow it and even encourage it because they are even more politically biased themselves!

Having said that it is difficult to find any news channel which is politically neutral nowadays. If I switch to Sky A Bolt-on is a lot worse than Marr on the Marr show which I quite enjoy due to the range of guests. I think that Marr does at least make an effort to ask a balanced range of questions (and has my respect having made a strong comeback after his severe stroke) but it is a matter of perspective up to a point.
imho

[utyinv] 02/2/2018 13:36

This share is getting ridiculous.

We need some good news to catch the 'Shorters' out.

[newbank] 02/2/2018 13:21

Arf (5859),

Andrew Marr wouldn’t have anyone who isn’t a Red on his show if he was allowed to do so. Just watch last week’s show where he didn’t interrupt Corbyn, he was allowing him to speak and give the Nation a party political broadcast but when you have any Conservative on the Show he shows the Ministers or even the PM no respect at all always interrupting them and not allowing them to speak.

Just watch his performance, don’t take my word for it.

Don’t forget when at university he was called Red Andrew because of his deep felt beliefs in Marxism.
I am surprised why the BBC allow him to continue in his biased ways.

Don’t forget whether you like or dislike the Conservatives they are the Government and the majority of those who voted returned them to Government so naturally we would like to here some balanced views we don’t want to here the Extreme Left dribble they are not in Government.