National Grid Share Discussion Threads

[newbank] 05/6/2018 15:28

We need some good news, ie, Ofgem decisions in NG's Favour or JP telling Ofgem where to get off and concentrate on the US business. However, I believe that to be wishful thinking as Ofgem are out to screw NG and JP hasn't got a good track record of standing up for NG. IMO

[utyinv] 04/6/2018 16:28

Yankee hedgies spoiling the much overdue rise.

[doggle] 04/6/2018 10:13

National Grid plc 16% Potential Upside Indicated by Citigroup

Posted by: Amilia Stone 4th June 2018

National Grid plc using EPIC/TICKER code (LON:NG) has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ today by analysts at Citigroup. National Grid plc are listed in the Utilities sector within UK Main Market. Citigroup have set a target price of 966 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 16.0% from today’s opening price of 833 GBX. Over the last 30 and 90 trading days the company share price has decreased 9 points and increased 76.5 points respectively. The 1 year high share price is 1055.5 GBX while the 52 week low is 733 GBX.

National Grid plc has a 50 day moving average of 867.23 GBX and the 200 Day Moving Average price is recorded at 863.13. There are currently 3,356,568,083 shares in issue with the average daily volume traded being 9,806,512. Market capitalisation for LON:NG is £28,416,704,571 GBP.

[philanderer] 01/6/2018 20:58

Thanks for the heads-up on Deutsche guys :-)

[bountyhunter] 01/6/2018 18:54

I'm pretty sure they just feather their own nest and are sometimes less than sincere in the process. I always ignore Deutsche notes re NG.

[coxsmn] 01/6/2018 18:48

Are Deutsche serious, who needs these people.

[newbank] 01/6/2018 15:54

Philanderer,

Deutsche had a £8.50 hold from 6/12/17. Upgrading from sell to Hold. It then reiterated the TP ie no change at £8.50 on 8th March and then again on 18th May.

So no real upgrade as they have made it very clear that they are extremely negative on NG. Always have been.

[philanderer] 01/6/2018 13:57

1st june Deutsche hold tp 860p up from 780p

[utyinv] 31/5/2018 13:44

Mark1000,

50% of National Grid business is in the US and due to rise significantly in the future making the U.K. business small in comparison. Earnings are in US$. Hence the start of getting out of Gas Distn and investing in the US. Board decision to plough money into the US business as it’s more friendly to business.

One of the few good moves that the Board has done. If the Regulator is making it hard to earn on investments, if any future Marxist Gov takes control or heavily restricts earnings from Utilities it makes sense for NG to say that they are not a Charity and they would prefer to do business in a Country where profit is not a dirty word.

[mark1000] 31/5/2018 12:52

I am guessing - weakness could it be in part the strength of the dollar - great for us in the uk - but for the US investors the sterling earnings gives less dollars - the ex rate has recently fallen in the last two months from 1 40 to 1.33 with the oprospect of further falls as slow growth in the uk will put on hold any further interest rate rises in the near term.

[mark1000] 31/5/2018 12:52

I am guessing - weakness could it be in part the strength of the dollar - great for us in the uk - but for the US investors the sterling earnings gives less dollars - the ex rate has recently fallen in the last two months from 1 40 to 1.33 with the oprospect of further falls as slow growth in the uk will put on hold any further interest rate rises in the near term.

[mark1000] 31/5/2018 12:52

I am guessing - weakness could it be in part the strength of the dollar - great for us in the uk - but for the US investors the sterling earnings gives less dollars - the ex rate has recently fallen in the last two months from 1 40 to 1.33 with the oprospect of further falls as slow growth in the uk will put on hold any further interest rate rises in the near term.

[philanderer] 31/5/2018 10:16

31st may JP Morgan 'overweight' tp 950p up from 870p

[bountyhunter] 31/5/2018 10:08

XD 30.44p and down it goes ~35p lol, actually that's not bad based on what I've seen in the past

[davius] 31/5/2018 09:33

Lol, thought I'd mistyped the share price into my spread sheet yesterday and was surprised my portfolio was down a few hundred quid more than I thought this morning...

[mike24] 31/5/2018 08:52

a chance to top up at this bargain price

[careful] 31/5/2018 08:34

ex divi today 30.44p.

[action] 30/5/2018 10:44

Many Thanks Newbank

[newbank] 30/5/2018 10:27

Action,

Posted on Fri 25th May

[action] 30/5/2018 09:18

Newbank

Zacks Rank 5 Strong Sell list - Can you list the article or link please?

[action] 29/5/2018 18:44

NewbankI am ready top up if it goes below in summer month as this one is more reliable imho.

[newbank] 29/5/2018 16:36

Action,

Have you read the Zacks Rank 5 Strong Sell list, published on Friday 25th May? One of the five is National Grid

I have noticed a decline in shorts over in the USA to extreme lows and IMV these guys are borrowing shares off institutions in the hope of shorting them well below the 30.4p divi. This is what they reported on Friday:

National Grid plc NGG is a distributor of electricity and natural gas. The Zacks Consensus Estimate for its current year earnings has been revised 4.5% downward over the last 30 days.

Parasites call to mind :(

[action] 29/5/2018 16:22

Stable against the backdrop of unstable market