National Grid Share Discussion Threads

[muffinhead] 18/12/2018 13:49

? next stop 700p

It had a good run up and has been in a bear market for some time


NG would never be exempt from the same political interferance suffered by suppliers. Lots further to fall as margins go up in smoke

[minerve] 18/12/2018 12:59

I'm not an investor here but own Stobart and Drax.

[newbank] 18/12/2018 12:58

Careful, Ofgem say that ROE should be based on 4% practically half what it is today.

Who will invest in NG when they can get 9% in the US?

Ofgem are shooting themselves in the foot because if the industry is cheap enough to Nationalise, the money paid to run Ofgem funded by the energy Companies will have long gone.

I worked for a Nationalised Industry and am aware of the waste and inefficiency that forced the Conservative Gov to Privatise it. Only 3% of our bills are accounted for in Transmission costs. If the industry wasn't Privatised, bills would be 150% higher than today. Under the Labour Gov prior to Privatisation, the Unions demanded 25% pay rises for Miners whilst everyone else had to settle for 3%. The Labour Government forced the CEGB at the time to buy coal from the coal Board at 300% above market price to pay for the miners wage increases. I can see the same philosophy occurring in the future to benefit the few (union Officials) and sod the many (hard working People).

Sooner John Pettigrew grows some balls the better! Sell the UK business to overseas investors (making it difficult for the Marxists to take control) and put the money into the US where there is at least a level playing Field.

Who is going to pay to keep the lights on in the UK? The tax Payer?

NG are finding it harder by the day to re-finance their projects and who in the right mind will invest in a very risky business (very risky due to the threat of Marxist Policies)and accept 4% when inflation is running at 5%?

[dr biotech] 18/12/2018 12:51

The document is just a opening salvo in the conultation. It was bound to be a low ball offer and now NG has to respond to say why they need more and what are the consequences of potential underfunding. Time will tell whether ofgem will budge.

Must admit I could do with a day when I don't lose £1k a day or more. Been my worst three months ever, think my total loss is more than £100k. Ouch.

[timmy11] 18/12/2018 12:39

they need to sell up in uk and reinvest the money in u.s

and teach ofgem a lesson

[doggle] 18/12/2018 12:38

That seems inevitable

[dfoc] 18/12/2018 12:24

Halving of the dividend ?

[careful] 18/12/2018 11:33

NG. say that they are 'disappointed with the proposed financial package', but do we know what the proposed package is.
Judging by the share price reaction everyone is assuming the worst at this early stage of the negotiation.

[wskill] 18/12/2018 10:48

Thank goodness the UK accounts for around 50% of NG.revenue think what would have happened if management had not moved into the US in a big way .

The US is where the majority of investment is targeted now so I can only see it growing percentage wise not a bad thing if labour win an election,think the fall has been overdone but in todays market to be expected.

[warranty] 18/12/2018 09:10

Just sick of this market, weeks recovering then all gone in a couple of days. Ofgem need to get a grip on the reality of the risks nvolved for shareholders but with this pathetic gov ernment you wouldn't bet on it.

[utyinv] 18/12/2018 08:21

If Ofgem have published a consultation doc this morning regarding RIIO 2 (which NG do not see as favourable) then who leaked it to the Yanks yesterday? So corrupt!

[utyinv] 18/12/2018 08:04

So predictable!

[utyinv] 17/12/2018 20:43

Yanks at it again! NG tanking in the US. Drop of 15p expected on tomorrow’s open😱

[septimus quaid] 16/12/2018 22:59

haha, I'm in, the sooner we tell these euro-twonks to do one the better

[doggle] 16/12/2018 17:48

Counted in :)

[bountyhunter] 15/12/2018 18:54

Over 100k already and still counting!

[bountyhunter] 15/12/2018 17:40

PLEASE SIGN & pass it on

This is now by far the fastest growing petition in the country! Add your name today - don't let our Remain Parliament stop us from leaving the EU on World Trade Organisation rules. Let's regain our independence!

[newbank] 12/12/2018 18:47

JP Morgan Cazenove reiterates 'Overweight' with a Target share price of £10/share

[bountyhunter] 11/12/2018 22:13

Theresa May summoned to see Tory chairman tomorrow as ‘48 no-confidence letters REACHED’

[bountyhunter] 10/12/2018 21:47

Hi Newbank, yes you are right. Must be the Brexit effect confounding the correlation for now! B-)

...either that or the flattening yield curve, or maybe a bit of both?

[bountyhunter] 10/12/2018 20:54

Vote now before I pull the vote lol! 🇪🇺 🇬🇧

[newbank] 10/12/2018 17:14

Hey Bounty,

Correlation between NG and Gilts appear to have broken with NG crashing and gilts rocketing. ???