National Grid Share Discussion Threads

[coxsmn] 12/2/2018 19:27

I continue to add here. This is one of the best FTSE 100 companies and at this level and dividend yield I can't resist.

[skinny] 12/2/2018 15:50

A bit page 11 - search for 'batteries'.

[septimus quaid] 12/2/2018 14:51

Theobald, linky please?

[theobaldr] 12/2/2018 14:04

NG is heavily invested in this technology.

[bountyhunter] 12/2/2018 13:49

Big Batteries Are Taking a Bite Out of the Power Market
12/02/2018 10:59am
Dow Jones News

Tesla, Inc. (NASDAQ:TSLA)
Intraday Stock Chart
Today : Monday 12 February 2018

By Russell Gold
Giant batteries charged by renewable energy are beginning to nibble away at a large market: The power plants that generate extra surges of electricity during peak hours.

Known as peakers, the natural-gas-fired plants are expensive to run, and typically called into service only when demand rises and regular supplies are insufficient. That makes them vulnerable to disruption from lithium-ion batteries, which have fallen in price in recent years, and are emerging as a competitive alternative for providing extra jolts of electricity.

Numerous big batteries are under construction or consideration in the U.S., especially in the Southwest, where some companies see a shiny future for "solar plus storage" projects...

...
...

A battery array three times the size of the Tucson project is being developed in Long Beach, Calif. Fluence Energy LLC, a joint venture of AES Corp. and Siemens AG, is building a battery that could power 60,000 southern California homes for up to four hours. It will be the largest lithium-ion battery in the world -- three times larger than a battery built last year by Tesla Inc. in Australia...

[wskill] 12/2/2018 10:31

Yes I do hope so just topped up again today adding to my now substantial holding cannot see the £ staying strong in the run up to Brit exit.
And dollar earners should benefit from any weaknesses.

[newbank] 12/2/2018 09:29

Looks like the automatic computer programme to dump at certain times is still active. Sooner or later they will get caught out. Let’s hope it’s sooner rather than later!

[richj5000] 11/2/2018 09:53

atlantic57, I totally agree. The Government has to act to reduce the debt. No 1 priority!

[atlantic57] 11/2/2018 08:47

Richj5000 I agree that the policies put forward by Jc would bring ruin to the U.K.

However sooner rather than later the size of the national debt which has more than doubled since labour left office will have to be faced.The difficulty in a democracy
Is that when you tell the truth they don't want to vote for you.

Promising endless goodies to the electorate is much more popular.
Unfortunately someone has to pay and with a national debt of 2 trillion even a modest rise interest rates will mean somewhere in the government spending cake cuts have to be made.

[richj5000] 11/2/2018 07:40

I own several £k here and have been adding over recent days. Never thought I would see the share price go so low but am pretty certain that it will return to its old highs when things return to normal"......whenever that may be!The idea that the Marx Bros could get into power sends shivers down my spine. Could the electorate be that daft? I'm not sure.A concentrated attack on Capitalism by the Socialists could be devastating for this country. When retired Trade Unionists stop getting their monthly pension (or some of it) then they will finally understand the true situation.

[gateside] 10/2/2018 22:07

Opinium poll out tonight with a +3% lead for the Tories over Labour. This follows a YouGov poll showing a +4% lead for the Tories.A definite shift in the Tories favour, even with the bloody mess they are making. If Labour stay with the Marx Brothers as leaders, their chances of winning the next election, whenever that may be, is very slim.Enjoy the discussion on this thread, but see the chance of NG. being nationalised as highly remote.

[jonwig] 10/2/2018 17:42

@ Newbank - ironically, the agency which could thwart Labour's plans is the ECJ. All their favoured ways of 'leaving' the EU appear to mean keeping keeping the jurisdiction of the court. Given the intertwined relationships and arguments about fair compensation it's unlikely they could achieve anything on this front anytime soon!

Unfortunately the NG. share price wouldn't be likely to make much headway in the meantime!

[newbank] 10/2/2018 16:38

m100,

Hi, welcome back :)

When MacDonnell says it won’t cost tax payers anything he is talking typical Left Wing bull!

He says they borrow to issue gilts and the profits can be used to pay for the loan. But he also says the gilts will pay ex shareholders an income. Typical Labour double accounting with the sums not adding up..

Also, on the BBC report it states that to bring troubled Utilities back into public ownership is nothing new. But it is for successful Utilities.

Some of our Utilities are very successful and I would guess foreign shareholders would tell the Marxist where to get off.

Trouble is when MacDonnel spouts his Left Wing Rhetoric the BBC do not know enough about the subject to throw the appropriate questions at him to make his proposal appear as it is a revolution to steal property and assets. Lenin did that with the Landowners but once he was in it didn’t stop there. Lenin made sure everyone had all assets taken off them even small holdings that were used to grow Vegetables for the family.

MacDonnell is a bitter ex-miner Union Rep that still harnesses Marxist ideology today. If anyone was at his speeches to argue against his ideology his thugs would no doubt get violent to stop any realism being put to the listeners.

[m100] 10/2/2018 14:57

John McDonnell: Labour public ownership plan will cost nothing



The UK's very own Hugo Chavez

[newbank] 10/2/2018 12:34

Atlantic57,

You are right. However, one of the biggest issues affecting NG today is the Government trying to get the popular vote by imposing a ‘Media Hype’ statement that they will impose a price cap. This announcement has not discriminated between the big six retail Co’s and NG. There was just the headline statement which was very superficial and which until it is all done and dusted will affect sentiment in NG. Also OFGEM are realising that in self preservation they have to be seen as being very hard on NG re revenues and the Hinkley project. However, OFGEM have to be very careful because it’s the Companies who are regulated by Ofgem that pay their wages and costs. If the Energy business was Nationalised there would be no need for Ofgem.

However, as said until all comes clear MG will continue to be under a little pressure. IMO NG should politely tell OFGEM to get someone else to build the Hinkley Infrstaructure and if costs spiral afterwards NG cannot take any blame.

IMV OFGEM should listen to what the experts (National Grid professionals), are saying.

As for Deiter Helm he was always anti Privatisation in the early days. He was very Left Wing in his early years. Being in the Industry I knew him well! Very bitter person who never liked considering an alternative view to that of his own. He is advising the Gov and the Business And Energy select committee.

TM is going after the media headlines in a superficial way to placate the electorate because she is so wrapped up on Zbrexit and going on holiday to China etc!

[atlantic57] 10/2/2018 12:09

Newbank

i agree with your summary .In the real world Labour have to win which will be very difficult given their weak position in Scotland.As you correctly state if they did get into power then actually enacting these proposals would not be as simple as they think.

However i do continue view the comments i made earlier as the main threat to ng


the clash between Governsment desire to keep interests low and the economy's need for higher interest rates must also impact Ng.

[jonwig] 10/2/2018 10:51

@wskill - they can't take the US company: NG. will need to be split in two. (maybe it will be anyway, which would probably release value.)

[wskill] 10/2/2018 10:39

NG.is now valued at less than its US ops strange old world cannot see the company allowing it to be taken into state ownership.
Do you think that the US will be happy that the UK takes a US company that supplies US consumers into state ownership.

[atlantic57] 10/2/2018 10:19

Labour shadow chancellor again states labour will bring all utility companies into state ownership , shareholders will be given gilts in exchange. Who would want to own these.

A Government that owes 2 Trillion pounds in debts.
It will be interesting to see how Ng fares against the threat of going back into state ownership .

The clash between Governsment desire to keep interests low and the economy's need for higher interest rates must also impact Ng.

[andyj] 10/2/2018 00:32

There's good reason to believe 750 is going to provide a support level. In recent months NG has been falling in excess of the market and reluctant to rise on 'up' days. It's a price that's hard to imagine being available in the last few years.As the price has neared 750, there has been a noticeable reversal. Now the price is falling less than the market and dips below 750 are being bought into. Given the volatility this week, that is remarkable. This could be the defensive qualities finally being appreciated in nervy times, but it could be a sign that NG is oversold. Next week will be interesting.

[utyinv] 09/2/2018 22:03

Hopefully some better news:-

The data released on the NYSE website shows that on 31st Jan the short Interest on ADR's from 12th Jan has been reduced by 6%.

From 1,239,925 ADR's to 1,165,638 ADR's = 6%

Total amount being shorted is only 0.18% very low in comparison to other FTSE Companies that have ADRs registered in the US.


Lets hope this is now turning a corner for the better. Obviously if it is, it will be a slow slow recovery as always. It's fast to fall but slow to recover and it only takes some negative news from anything unrelated to give the 'Hedgies' an excuse. Here's hoping we might be on the recovery trail.

Have a good weekend all :)

[utyinv] 09/2/2018 21:52

Finished up in the US approx up 5.7p (rough calculation)

[utyinv] 09/2/2018 17:10

This evening NYSE publishes the Short interest on its website. Its always two weeks out of date but gives and indication on how much of the stock is being 'Shorted' by the Yanks and of course the trend.

[bountyhunter] 09/2/2018 13:25

UI - I believe this is an advfn problem as also occurring elsewhere and the header charts were ok for 11 years+ until the last few days.

On a web page CTL F5 updates the charts when the charts do freeze - on other devices closing and re-opening the browser would probably do it or maybe just re-opening the page on a new tab.