National Grid Share Discussion Threads

[wskill] 15/2/2018 10:34

Have looked at HGM before but is Russia based and after a investment in POG a good few years ago will never invest in Russia again .

[septimus quaid] 15/2/2018 10:24

As has already been alluded to, if it was as simple as blaming the “Corbyn effect” for NG’s share price tumble we would have an easy answer but RMG (an outfit riven with union influence and probabily a greater condidate for renationalisation) has not been similarly afflicted.

RMG’s share price is up 46% since the beginning of Nov 17 and the rise shows no sign of abating.

[srpactive] 15/2/2018 10:17

HGM is higher.

[wskill] 15/2/2018 10:12

Dividend yield now over 6% which is a growing with RPI and safe as borrowings are mostly fixed where else can you have this return.
Investment is now running in the US at twice the rate of the UK so we can see where NG. profits are forecast to be best.
Still buying a few more I know is like catching a falling knife but I require a safe yield, my capital is protected by the US division value which is more than present market cap for the whole company.

[baztea49] 15/2/2018 09:49

Computer Algorithms kick in at 09:00 hrs.


Do you know his for a fact? if so, why 0900 and not 0800? and why would they pick on NG,? There must be a good side to this as well as a bad side surely depending what side of the trade you are on,Tell me more

[utyinv] 15/2/2018 09:27

Computer Algorithms kick in at 09:00 hrs. It’s time that the boring programme was removed and humans put in charge of buys and sells basic on logic and profitability of business.

[septimus quaid] 14/2/2018 21:00

If anyone's interested:

"National Grid operates a Shareholder Networking programme, the aim of which is to allow shareholders to gain a better understanding of the business.

The programme runs over two days and includes visits to operational sites and presentations by senior managers and employees. Participants also have the opportunity to meet and question Directors during the programme, the costs of which (including shareholder travel to and from the event) are covered by National Grid. The programme normally operates during early December. Participants will be selected by ballot from those applying, with priority given to those who have not recently attended."



Possibly other brokers might facilitate same.

[dr biotech] 14/2/2018 12:12

US debt would be secured against the US assets which would be out of reach from Corbyn.

[wskill] 14/2/2018 12:12

Yes 1% will not be great but the us companies are worth more than today's market cap luckily and in the meantime we have a decent dividend.
So best guess 2022 for election unlikely the Marx brothers will win a majority 4 years of secure income and my capital protected by the us subsidiaries.

[bolador] 14/2/2018 11:50

6013

Yup, he might be but would you want your pension fund manager to supply the funds ?

Sterling and the bond market will tie him and his cronies up tight.

[bountyhunter] 14/2/2018 11:28

#6010 - but Corbyn will be looking for just 1% on his bonds?

[arf dysg] 14/2/2018 11:14

02 February 2018

NATIONAL GRID PLC

Mark Williamson Non-Executive Director / Acquisition of securities
8.050513GBP 43,128


09 February 2018

Mike Westcott / Group HR Director and Group Commercial Property Director
Monthly purchase of securities HMRC Approved Share Incentive Plan
Price(s) and volume(s) GBP 7.55985 16



13 February 2018

NATIONAL GRID PLC

Chairman Sir Peter Gershon and Lady Gershon
Acquisition of securities Price and volume 7.4255 GBP 6,500

[bolador] 14/2/2018 11:10

GBP 200m buy back announced today to hold up to 23.3 million shares as treasury stock.
Hopefully this will stop the rot for a bit.

[muffinhead] 14/2/2018 10:26

An optimist will be hoping 10 year US treasuries will not break 3% and just trade sideways


American debt matures over next five years

Company CFO visits creditors and asks to renew the debt.
Banker looks at the share price chart, coughs and mutters Corbyn and political risk of nationalization
Banker wants 10% yield on the debt for the risk as Corbyn if a fascist like Maduro of Venezuela



Ok too much info, let the bounce begin to fool the majority

[muffinhead] 14/2/2018 09:39

National Grid debt profile
Majority needs renewal within next 10 years


Discounted cashflow yield for investors is challenged especially if interest rates rise ( see previous link)

[muffinhead] 14/2/2018 00:16

cashflow per share is estimated to drop 26% in 2018

Debt leverage is forecast to increase over next three years

Rising interest rates will force company to address debt
NG peaked August 2016 when 10 year gilts dropped to a historical low

[newbank] 13/2/2018 22:12

Closed at an equiv share price of £7.48 in the US. Mind you, it closed on Mon night at the equiv of £7.52 but that didn't help the share price in London.

[coxsmn] 13/2/2018 21:33

Chairman buying.

[wskill] 13/2/2018 19:10

Yes I remember Ferranti trucks been driven round in circles at ISC to give the illusion of a very busy company , the American crooks only got 15 years for a $1.4 fraud KMG were auditors not the same as NG.
The US businesses have proven revenue and profits here.

Also remember Crocker the midland bank debacle .

[septimus quaid] 13/2/2018 18:48

British companies in the US. are famous for being taken for a ride by our ''over the pond cousins''.

Some of us remember Ferranti!

[baztea49] 13/2/2018 17:18

Listen, these were just under £9 at the new year and the guff from JC and JM was not new news by then. These have now jumped off a cliff.British companies in the US. are famous for being taken for a ride by our ''over the pond cousins''.I wonder if all is not well over there.