National Grid Share Discussion Threads

[utyinv] 25/5/2018 10:53

Action,

I think you may be too optimistic in your reply to Newbank. Don’t forget Mon is a Bank Holiday, that leaves just Tues and Weds before a 35p fall ( always falls more than divi, initially). Also, divi policy doesn’t help, after next Weds there isn’t any reason to stay in NG till just before end of Nov when interims (paid in Jan) go ex divi. I like many, would like to see a divi strategy like BP that pays divi every quarter.

Also, IMV NG should get tough with OFGEM and if it’s impossible to get a good return on investments they should walk away from future contracts and concentrate on businesses and Countries that allow businesses to flourish.

Decision on Hinkley should be coming up soon.

[action] 24/5/2018 11:47

Newbank,
I recon before exdivi date it should go over 900p. Keeping my finger crossed.

[newbank] 23/5/2018 16:51

Action,

have you tempted fate LOL ? :)

[action] 23/5/2018 10:00

TP 895. achieved. Next Stop 913P

[mike24] 23/5/2018 09:22

worth keeping after the exdivi date,
as the rest of the market looks vunerable

[costax1654x] 22/5/2018 19:51

Guys have a look at Aeg as well.Last RNS was amazing.Potential multibag in 2018.Take care

[coxsmn] 22/5/2018 19:47

Today's Telegraph"THE world's largest battery and vehicle-charging network could roll out across British roads through a new £1.6bn scheme due to start in Southampton next year.A new energy start-up has won the backing of a UK institutional investor, green energy multi-millionaire and National Grid for plans to dot the UK with grid-scale 50MW batteries and rapid vehicle charging docks across 45 sites."

[action] 22/5/2018 17:33

Waiting for exdivi date to see price above 900p

[dogdays] 22/5/2018 14:34

I can see that NG are going to have to take Ofgem to court, if only to give them a bloody nose.

[timmy11] 22/5/2018 08:54

ng should really move out of u.k.
ofgem picking on british company just like ofcome with bt

[timmy11] 22/5/2018 08:54

ng should really move out of u.k.
ofgem picking on british company just like ofcome with bt

[utyinv] 21/5/2018 12:04

Biotech, yes you may be right with the headline EPS figure quoted. However, accountants like to display Conservative figures especially as we wait for the final decision on Hinkley due soon.

Long term, it’s good to see that JP has reinforced the message that they will pump investments into the US and look to deliver growth. Why would they invest in the U.K. if the regulator caps returns on investment to what in his opinion is acceptable?

At least in the US profit is not a dirty word and it promotes investment and benefits for customers, shareholders and staff

[haughtonhoney] 21/5/2018 11:07

johnnycash - well done for paddling your own canoe. It is the only way to invest.

[dr biotech] 21/5/2018 10:54

Underlying EPS was 59.5p from the results last week. Excludes the one off gain included in the statutory EPS. I'd say we are about a fair valuation now -last few years we may have been at a stretched valuation due to the low interest rates which may finally be coming to an end.

NG is my biggest single share so I'd be happy for me to be proved wrong, but as its an income share for life I guess it doesn't matter too much.

[utyinv] 21/5/2018 10:47

Dr Biotech,

EPS 69p ( Conservative fig ) price £8.8 pe approx 12.9.

EPS will rise as US business takes a hold and the U.K. Distn business which is heavily regulated and delivers low income is sold off and NG concentrates on delivering income.

A lot of the financials don’t update the pe regularly. If you take the FT which is supplied data by Morningstar, they were quoting a pe of 15 when the price was £11.64. They were still showing a pe of 15 when the price dropped to £7.30. Which begs the question was it an omission or was it trying to manipulate? Motives????

[skinny] 21/5/2018 10:29

A way to go.

[bennodean] 21/5/2018 09:52

EPS = 207.10 for year end 2017 is the one they are referring to I see.

[dr biotech] 21/5/2018 09:42

I wouldn't trust that figure. If you look at other sites (ie HL) then its about 15.5

Very simply look at the last results - EPS c60p. I'd always try and add debt too - but most sites don't so that.

[bennodean] 21/5/2018 09:18

"All things considered, such as the P/E versus historical levels and the 200 day MA and so on, I don't want to hold it any longer,...."

P/E showing at Just over 4 in the financials here. That can't be high by historical standards....or are you saying that the low figure is bad?

[wskill] 21/5/2018 08:45

With a safe and growing yield over 5% cannot see many other shares I would want to be in if we have a melt down or melt up for that case I require the income .

[encarter] 21/5/2018 08:22

Some experts believe we will see a a melt-up in the market.

[bountyhunter] 21/5/2018 08:18

the FTSE is not that much higher than it was more than 18 years ago at the start of 2000

[jonnycash1] 20/5/2018 20:59

Yes. That was my last holding. Cashed out now. 10yr US is over 3.05%. FTSE at record high. All the problems in the economy that are not being addressed: wage growth, inflation, rising oil, weak pound, Brexit, collapse in retail, near record levels of household debt...You got to be one hell of an optimist to be buying anything with the markets at these levels. Anyway, it's being tipped as a buy now in things like idiots chronicle and motley Fool, so the only people buying now are private investors. I always have a target price and then I reconsider if I want to hold. All things considered, such as the P/E versus historical levels and the 200 day MA and so on, I don't want to hold it any longer, though it may go higher. Bon chance.