National Grid Share Discussion Threads

[jonnycash1] 02/5/2018 11:56

I see the shares have been tipped as a BUY today. Bit of a concern. Is it time to get out already?



;)

[action] 30/4/2018 11:13

Next Resistance around 856.86

[thecroots] 27/4/2018 14:06

Sterling weakness against the dollar very much helping us out today... ADR's pretty much flat in US

[jonnycash1] 27/4/2018 11:57

The inevitable is now coming to pass following a double top at 3.05% on the 10 year.



Resistance at 835, 846, 858 and 878 on the chart but has now established an upward trend. Looking good.

[action] 27/4/2018 08:19

Keeping my finger crossed for that.

[thecroots] 26/4/2018 21:04

A good day today and also US performance has been favourable with it closing at $58.

Chart suggests a brisk good run to 875p

[action] 26/4/2018 10:13

Range 797. to 820 today?

[action] 25/4/2018 11:43

My biggest exposure. Still have to average down. When the trend will turn. May be before Ex-divi.

[jonnycash1] 23/4/2018 15:43

10 year Treasury yields go up, NG goes down. That's your focus. Whilst the 10 yr yields are rallying to test 3.05% this will fall. But it won't last.

[aganatra20] 23/4/2018 13:29

Well hopefully the clowns don't win the next election. I'm just looking at recent polls (although probably no point looking at them) as tories having a 5 point lead, their highest since the election. But I completely agree with you on your points. The BOD haven't done anything to fill us with any confidence about the company. It's disappointing.

[newbank] 23/4/2018 12:52

Aganatra20,

You have got to get the divi to compound. With leaked bad news about storms in the US, rolling over on Ofgem's tougher regulation, Government trying to buy votes with the electorate to deflect from Brexit (Appearing to be hard on hard working utilities) and a Labour Party run by the nasty Marx Bros that want to destroy dividends forever, you may not get the chance and I wouldn't be surprised (hope I am wrong) that the current dividend strategy is re-visited.

Unless of course, the promised strategy to concentrate on lucrative parts of the business actually starts to deliver. However I am sceptical because why would any Company CEO start pushing out bad news about Costs incurred for US storm damage (costs that NG have experienced and taken in their stride successfuly since 1995) if it isn't a precursor for preparing us for more bad news.

I know some have criticised Uty for appearing to be negative of late but he/she has got a point as I too know lots of people in NG that are rather concerned at the lack of effective business leadership running our Company.

Lets hope they learn from mistakes and kickstart this Company that will promote confidence across the City and US investors.

[aganatra20] 23/4/2018 12:21

Times like this compounding the divi will help us in the long term.

[newbank] 23/4/2018 09:24

Dear oh dear,

FTSE goes up; NG goes down.
Utilities go up; NG goes down.
FTSE falls; NG goes down.

Used to be the case where when the FTSE fell the NG share price shot up. When the FTSE rose a little NG rose a little. It hardly fell.

I suppose the Markets are reading into NG's publication a couple of weeks ago that storm damage in the US was an indication results are going to be pretty poor again.

Has the current administration run out of ideas?

[newbank] 22/4/2018 10:49

Hooley,

Why do you think there will be a Special Divi as indicated in your post 6298?

NG got slated by MacDonnell for passing shareholders a special Divi from the sale of the Gas Distn business last year. Despite the logic that Shareholders were getting proceeds from the sale of part of the business, MacDonnell wanted it all to go to customers. Another indication he does not believe in playing fair with shareholders in that they own the business. MacDonnell with his extreme Left views will take off those that own shares (owners) in the Company and introduce a form of re-distribution of wealth just like Lenin did years ago.

There isn't any reason for any special divi. There could be one next year if Grid decide to sell off another chunk (25%) of the Gas Distn business which is an option from last years sale of 61% (the deal allowed for a further chunk to be sold in 2019).

[utyinv] 20/4/2018 09:53

Hooley,

Special???

[hooley] 20/4/2018 09:38

Final due soon and a chance of a special. Well worth a punt on the basis of the chart signals and the generation of cash flow last year

[newbank] 19/4/2018 16:52

Utyinv,

You were right with your prediction yesterday; saying NG will fall today.

Interesting that as you commented above, NG is down 15.8p yet SSE is up 2p.

SVT up 10.5 (water easy to Nationalise)

UU up 1.8

I understand your frustration with those that are employed to protect capital, promote growth and income for shareholders.

[newbank] 19/4/2018 14:43

Utyinv,

Good days? 37.5p was the first share save for those that were in NG at Vesting in 1990. Well done! When the shares were floated for £2.20 ish the share save option price was revalued to 37.5p from its original option price in preparation for a share price that was seen as acceptable for the Market float; £2.20 ish. The max an employee could save into a share save at that time was £150/month which was revised to £250 / month in 1991.

There appears to be a few posters who are ex CEGB / NG on here. Which makes me laugh when the Marx Bros say that the Employees should prosper if the Company prospers hence the Nationalisation claim. Hasn't anyone told the clowns that Nearly every worker took advantage of the share saves in various amounts since then. Workers and union members who are against Nationalisation.

That's why those who advocate Nationalisation should realise that the workers have benefited, so let's be honest about the real reasons for Nationalisation, the Marx Bros want the lucrative business for themselves to fund their ridiculous spending plans.

[jonnycash1] 19/4/2018 12:53

New lass in at the top. Looks like a sound appointment.

[utyinv] 19/4/2018 12:39

Pierre,

We want the same from NG. Let’s hope the results are good :)

[pierre oreilly] 19/4/2018 10:31

Just to answer the couple of question marks (otherwise i wouldn't have continued), i got my reords out to clarify. Sold 50% 26/5/17 @ 10.10, and a trade i had forgotten about, bought some back (about 10% of current holding) 4/1/18 @ 8.55. Sold due to rebalancing and prospect of higher interest rates, bought back purely due to being quite a bit less than i sold at (and even less now). I'm a long termer, very long termer and i too aren't concerned about day to day movements.

I didn't qualify for the shares giveaway at the float, but bought it the first day they were listed and have held since.

[utyinv] 19/4/2018 10:08

My posting style hasn’t changed Pierre, I am positive when there is reason to be and critical when there is little proactive strategy.

You said you sold a few months ago and may buy back some at these low levels. Apart from a a day or so a few weeks ago where NG reach £8.35 they have been lower than current price for nearly six months??

I accept your argument about market and sector but NG hasn’t in my opinion faired as well as other utilities. Speak to the Directors they will admit that NG hasn’t faired as well in the US as other utilities.??

Then there is the U.K. where the likes of SSE who should be hit hard by the Gov and OFGEM price cap but invariably has faired much better despite logic. They also don’t have a US presence like NG to protect against the nasty Marx Bros ambition plans.
NG has already made it easy for the SO role to be Nationalised by separating out the SO and TO roles ( project to complete by March 2019). Also, bearing in mind the SO role doesn’t bring in much revenue ie, £70-£90m as apposed to the total revenue of £2500m (2.5 billion but I choose to use the same base units to draw clear comparisons).

So if Market Sector justifies NG being so low why then despite all the positives about NG and the perilous negatives for SSE has NG fallen by 30% from its high and SSE fallen by 17% based on today’s prices?

So in all honesty I am not whinging or being too critical, just surprised that investors are complacent on the Company Directors performance.

I wish to see NG achieve its ambition of being the world best Utility.
If you support a sporting team with passion and despite its pedigree is falling down the league table would you not question the management strategy or just accept whatever is done despite the management receiving the same remuneration benefits including share options and bonuses for supposedly delivering performance?

I know you are close to NG, we both are but do not confuse Critism with any sinister motive. I have holdings in other Companies too but nothing will give me greater satisfaction than to see NG back to where it should be £12+.

I am not fussed if the share price falls because I like others are in for the long term and you never crystalise a loss until you sell but in my case, any share I sell would have to be much much lower before that occurs. As you would remember 37.5p .... ring any bells?

[willoicc] 19/4/2018 09:51

I thought he just did that.