National Grid Share Discussion Threads

[compnews1] 21/2/2018 08:53

Centrica result will no doubt have impact on other energy related companies. The difference between Centrica & NG is that the former is subject to competition and price cap whereas the latter whose revenue is already agreed. Good to wait until Thursday if one want to enter NG

[andyj] 21/2/2018 00:31

Corbyn would have no intention of compensating shareholders, or at least fully compensating them. The debt for equity deal his sidekick announced refers to debtors. I am sure that could be legally challenged. As I said before 750 is becoming a pivotal point for NG. Clearly there is a reluctance to sell, although buyers are not yet assertive enough to seek higher prices. I suspect Centricas results Thursday will impact heavily across the sector.

[db125] 20/2/2018 12:20

Arf
"It's almost as if there's a big seller who will sell at any price above 750p"
More likely there is a big buyer in the market below 750 supporting the price.
NG returned to the market with buy backs on 14th Feb.

[arf dysg] 20/2/2018 11:09

Am I imagining it or is the share price stuck at 750p ? It's almost as if there's a big seller who will sell at any price above 750p. It might be that when the big seller is gone, the price will leap upwards like a terrified cat on a hot tin roof on amphetamines.

[srpactive] 20/2/2018 09:44

C

Morning, of course not.

[compnews1] 20/2/2018 08:53

My earlier comment was not about privation is better but it is about once privatisation is done and we are operating in globilisation market it is not possible to renationnalise a company without paying a market price to share holders. Mr Corbyn's wish will destroy not only the energy industry but others. I used to live in a communist country I know exactly what it is like - their theory is very good but benefit a small numbers who work for them and the rest of the people suffer. Look at China, N. Korea, Vietnam, Cuba... By the way I don't hold any share in NG.

[andyj] 20/2/2018 02:46

Very few Corbyn supporters were alive when British Rail was around. Nobody could say that was better!

[utyinv] 19/2/2018 23:48

I don’t think the Marx Bros ambitions are the main cause of the share price fall its more to do with interest rates or the uncertainty around what the Fed or BoE do etc.

As someone already pointed out why has something like Royal Mail risen when if Nationalisation was a possibility they would be the easy targets? There is also the contrarian view that if the risk was real many Hedge Funds would chase up the price so that MacDonnell would have to pay an escalated market price.

But then again this is just my opinion :)

[utyinv] 19/2/2018 23:31

Dr Biotech,

Your friend re: Privatisation is wrong. Joe public would not understand that if the Energy industry hadn’t been Privatised bills would be 40% higher than what it is now. They don’t appreciate the cost and need for infrastructure build to satisfy the Energy Policy and new environmental challenges that is facing our Country. They just want to know that when they flick the switch the lights come on. People take Energy for granted till it’s not there!

Privatisation improved efficiency, removed ineffective practices, got rid of many Union old fashioned closed shop practices. Since Privatisation all staff were given incentives to take a stake in the Company through sharesave, sip etc. The morale and effectiveness of the workers went through the roof.

I have also recently been talking to staff at numerous utility Cos and posed the question,”how do you feel about the possibility of JC ever taking control of the Company”? The reply without exception was “well if that is what he wants to do then we will just do what Council workers do and have tea breaks and meetings all day as there won’t be any incentive to be professionals anymore. What’s the point of delivering excellence for Left Wing dictators”.

Not my words, theirs. Office staff, Engineers, highly qualified Chartered Engineers and Managers, dread losing the incentives of profit sharing and share ownership. If that was the case we will quickly go back to the disillusionment of the 1970’s.

Even the Union Reps are against Corbyn’s ambitions.

[dr biotech] 19/2/2018 21:27

I had a debate with a Corbyn supporting friend and he made an interesting point about privatisation - in how many cases has it been good for the company and the consumer?

BT has improved, but a lot of that is new tech
The Utilities have been profitable, but at the expense of the consumer
BA has improved

Railtrack was a disaster
Halifax/Alliance&;Leicester/Northern Rock/Bradford and Bingley were all disasters (could also make the point that the mutual co-op bank went under)
Rail companies have been poor.

Ended up feeling that in fact he had a point - its certainly not conclusive that private is better or that we as a nation have benefitted.

[coxsmn] 19/2/2018 18:39

Srp, your mission to ramp hgm and de-ramp ng! hehe

[utyinv] 19/2/2018 16:52

US closed for Presidents Day. So no impetus from the other side of the pond

[compnews1] 19/2/2018 14:32

I used to work in this pricing department many years ago. Their revenue is based on a formula RPI-x which is agreed between the regulator & company. Once it is agreed it is left there for 5 years until the next review. Don't know what the current formula is. It's a good yield, stable income but the only trouble that scares retail investors off is the interference of the labour government. I would challenge Corbyn if he ever achieve re-nationalisation the company. He needs to wake up - privatisation,globalisation. Instution would take his government to International Abitration Court for not paying the market price. Look at Argentina, Repsol - spanish oil company- won the case where Argentina agreed to compensate Repsol multi billion dollar. If he does that he would loose all the confidence of institution/retail investors as well as his voters. Milion years he won't be able to do this. We are not living in communist countries where they use violence to take wealth from people. We are more intelligence in this country and we won't let that happen.

[wskill] 19/2/2018 14:08

Strange we are back to 2013 levels with share price and we will lucky to see 3% interest rates in the next 10 years ,but that is how the market prices this risk.Topped up again twice today as required the dividend for my Sipp and Isa also bought a few water shares as my water bill arrived today and it had increased by 3.3% which they tell me has been calculated by ofwat.

Cannot see NG.with a smaller increase in charges as rpi was set at 3.88% in November when these calculations were done.

[arf dysg] 19/2/2018 13:54

Someone could be holding onto the cliff edge with their teeth, so they would have their hands free.

[srpactive] 19/2/2018 12:53

C

I did not realise I was misbehaving, but sorry if I have been.

[coxsmn] 19/2/2018 12:19

Srp, behave.

[skinny] 19/2/2018 09:55

Link copied from the SSE thread - .

[srpactive] 19/2/2018 08:42

TC

Told off by coxsmn.

[action] 19/2/2018 08:06

When Questor recommends it goes down. Look at last recommendation and price..

[andyj] 19/2/2018 07:01

Highland Gold Mine? Don't fall for that gold in Scottish Hills trick

[thecroots] 18/2/2018 19:07

SRpactive,

I do agree though, HGM is a bargain right now. I had a huge holding (£230k) and sold out at 155p, making a nice profit which i was pleased with at the time. However, HGM went on to race to 180p just after i sold!!!

Might get back into it soon but certainly not as big. I'm just concerned how much it has fallen, where as GOLD is a tad higher than when HGM was 180p

[andyj] 17/2/2018 12:11

Wouldn't surprise me at all coxsmn, the guy is an anti British clown and the only reason to vote for him is to make money by shorting the market if he was elected. The world and his wife would be on that short! Red5 take a look at the long term chart and it does not look such a big fall. Double top, long term uptrend broken and technically a retrace to £5 is feasible, although surely unlikely. Looking firmer this week.