National Grid Share Discussion Threads

[bountyhunter] 06/2/2018 16:58

UI - They look ok to me right now?
I think there may have been an advfn problem earlier with charts generally.

[utyinv] 06/2/2018 16:48

Srpactive,

I don't recall giving anyone a rough time????

At the time I was asking why you were interested in NG if you don't have any position.

By that I took it meaning you don't hold shares or hold CFD positions.

You also stated that you were interested because of a friend not because you had any position.

You don't work for a Hedge Fund do you? LOL :) Based on fundamentals its strange that NG should fall so low for a secure defensive stock.

Let's hope your prediction is right because if I recall correctly, you said that if it did hit 750p it would bounce back from that position. Or have I misread you?

Either way, I definitely have not given anyone a rough time, it's not my style.

Bounty, I don't think the graphs are updating.

[srpactive] 06/2/2018 16:18

U

I said my target was 750p when we were 900p,
and you gave me a bit of a rough time.

[arf dysg] 06/2/2018 16:03

Buy when there's blood on the streets, sell when the violins are playing.

Nathan Mayer Rothschild

I'm not sure if that's the financier (1777-1836) or his grandson the banker and politician (1840-1915).

[septimus quaid] 06/2/2018 10:35

Mystic Uty

[abbotslynn] 06/2/2018 10:32

Safe and tucked away.

[justiceforthemany] 06/2/2018 10:30

Again share price is far too low IMO given P/E is now just 12 and yield around 6%

[arf dysg] 06/2/2018 10:19

Buy when there's blood on the streets, sell when the violins are playing. - Nathan Mayer Rothschild

[muffinhead] 06/2/2018 10:18

Bond yields reversed with share market sell off

[newbank] 06/2/2018 08:15

Uty,

You were almost spot on with your prediction of an opening price of £7.62.

Looking at the chart looks like £7.60 ish so pretty spot on.

Can you predict when this will start rising back to where it should be? :)

[atlantic57] 06/2/2018 08:08

The defensive qualities of utilities do not seem to count for anything at the moment.

[aganatra20] 05/2/2018 23:20

Utilities were one of the few to be hit the least in the states. So surely we should fare better than most when we open tomorrow. But who knows

[utyinv] 05/2/2018 21:26

Bounty,

yes just seen it.

Rough calculations, my guess would be NG drops to £7.62 at open.

When will this end???

No logic in markets. The trend in the past was when the DOW went up, NG and the likes fell (when equities are booming defensives fall). But with the DOW falling over 1000 points I would have anticipated NG to rocket.

Cannot understand why JP hasn't reassured the markets yet, as many CEO's whose Company shares are being shorted to hell would do so? It's not like we are in the close season yet :-(

[bountyhunter] 05/2/2018 20:50

UI, that Y-axis should re-calibrate itself automatically if necessary - which may well be the case tomorrow; have you seen that Dow chart in the header this evening! :-(
I don't suppose that exponential leg was going to carry on much longer; easy to see after the event of course!

[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