National Grid Share Discussion Threads

[villarich] 07/1/2019 08:33

Aren't the uni's partly to blame too though? They are the ones peddling these useless degrees? I seems to have been one of the last of the generation who took degrees in proper subjects from a proper university. When I'm recruiting now they all seem to be media studies grads who cant seem to string a single coherent argument together. Give me someone who read politics, philosophy or economics and day. At least they can put together an argument.

[jonnycash1] 31/12/2018 06:44

Just watch the video...

[septimus quaid] 30/12/2018 18:06

The student debt mountain is criminal.

£100bn and they reckon nearly half of it won’t be paid back.

...and, several hundred billion pounds later, there seems to be endless complaints about skills shortages.

A self serving gravy train if ever there was one.

[bountyhunter] 30/12/2018 17:09

but all written off at 50 for those who don't pay it back by then for whatever reason

[phillis] 30/12/2018 16:12

Lots of technology changes since the 50s but there were no credit cards! ( and much less personal debt )
Students went to Uni and were fully funded as necessary
Now everyone goes, earning useless degrees and ends up head over heels in debt

[wskill] 30/12/2018 14:43

I am a long term holder of NG and require the dividends as a major part of my pension it would be a heavy blow if Corbyn and Macdonald nationalised this and the water companies .

But as for Briexit I cannot believe the political elite in all UK major parties are so inept and unable to agree a half decent deal, so am now convinced that this is part of their planning because they did not want to leave the EU gravy train at any cost so aided by the EU have come up with the present nonsense,I do not think after this disgraceful episode anyone will ever vote for these criminally inept clowns again.

[essentialinvestor] 30/12/2018 13:20

The irony is, we are leaving the EU which is now taking a much harder line
on migration. Merkel's career is ending, Macron is weakened with record low ratings in France.
The UK could have helped shape future changes. That is very regrettable.


In terms of Labour's nationalisation plans, RMG appears top of their list,
followed by water. Power companies would be next. Would they wish to
nationalise NG's UK business?, Not so sure on that.

However, that aside, what we appear to be looking at is a tougher UK regulatory
environment going forward.

[dr biotech] 30/12/2018 12:40

David Davies said we would have a deal by now with the EU and other countries. We haven’t. How is that not a lie? We are going to split with the EU so we will no longer be in alignment either. Thats going to be hell, as we will still have to comply particularly banking/pharma) but have no say. So much for taking back control.

Turkey is way off joining if ever. Having to join the Euro is a brexit lie, but obviously you swallowed it. I’m going to quit the brexit chat here. I’m not blind to the lies from remain, but you clearly are to leave and it’s impossible to debate with anyone like that.

[spacecake] 30/12/2018 11:11

The EU don't want their knitting to unravel, it's that simple, hence a fudged deal offer. It's all been an expensive waste of time and public money, the leave MP's have generally disgraced themselves in public.

[warranty] 30/12/2018 10:01

Dr B, LF and DD saying a deal should be the easiest in the world is perfectly correct as we are already in total alignment with the EU in every respect. Turkey will join the EU, that has been stated numerous times as an aim. We will be compelled to join both the Euro and Schengen as part of the moving together process as all states will. All completely true and not lies as Remain try to convince people.

I won't even start on the huge list of actual lies and assumptions made by Leave which have already been totally disproved. At least if you want to make your point stop kidding yourself and misleading people about the truth of the matter. It is the EU' stated goal to be a single, no Nation European State with governed and controlled from Brussels. This will never happen because the people won't let it so instead of trying to hide the fact just be honest, or if you didn't realise it, research it and you WILL change your tune.

[essentialinvestor] 30/12/2018 08:33

Might be wise to start to plan for Labour taking power, hopefully not in 2019.
Would still see a GE next year as an outlier.

[jonnycash1] 29/12/2018 19:08

For the record, we do have a trade deficit with the EU. The EU, taken as a whole is the UK’s largest trading partner. In 2017, UK exports to the EU were £274 billion (44% of all UK exports). UK imports from the EU were £341 billion (53% of all UK imports). With respect to financial services, the industry has changed almost beyond recognition in ten years, 2008/9 was just the straw, the internet and computers have totally changed the City and the trading floors are mostly gone. As are most of the people. If you are referring to Mifid and Mifid2, we wrote it. We are financial services. Not the EU. The EU has a lot to lose from our departure as the fifth largest economy in the world. This is relevant to NG because of what the likely outcome will be, which is a Corbyn government. I suggest you research their policies on the sector if you want to stay ahead. Bon chance.

[dr biotech] 29/12/2018 18:53

David Davis/Liam Fox saying a deal with the EU would be the easiest thing in the world? Turkey joining the EU...we wouldn’t be compelled to join the Euro or schengen (I assume that is what you mean by schenzen)

‘Absolutely nobody is talking about threatening our place in the single market’ – Conservative MEP Daniel Hannan
‘Once we have settled our accounts, we will take back control of roughly £350m per week’ – Boris Johnson...of course most of the golden promises made by brexiteers have yet to be tested, but will no doubt be exposed in time.

Corbyn would of course be a total disaster for the UK and NG. But I’d rather him than Johnson or Mogg. As a centrist remainer the political options are awful. I voted independent in the last election and will do again.

[warranty] 29/12/2018 12:40

Thanks for the new header Bounty, looks great and a happy new year to all from me too in BrexitBritain. I think the Brexit debate is entirely consistent with NG and other companies hoping to prosper in the future. Obviously I want the UK to leave but I perfectly understand the reasons others don't. As far as lies told, I'm struggling to think of any relative thing said by Leave that could be considered a "lie" apart from the £365M on the bus and even then it could actually have been true. Compare that to the real and proven lies told by Remain. However, what really angers me is the things Remain don't tell people about the truth of staying in. Higher contributions under the next funding stream, forced to join the Euro, required to join Shenzhen, Turkey will join the EU, a European Army over which our forces will be controlled by Brussels and many, many others being hidden. The politicians know this just as they knew in 1975 that joining the Common Market was only a route into a Federal Europe, which 30 years later under the release of information we now know was completely denied as scare stories and hidden from the public.

As far as NG is concerned, the threat of a Corbyn government, a weak Tory one under May and it's betrayal of capitalism and private investors through Ofgem is the reason all Utilities are failing. Unfortunately, the same pathetic, two faced, lying politicians only interested in their own situations and opinions are responsible now for both. Personally as a Leaver, I have no problem if we are forced into another vote as I think this time the full truth of the EU situation will come out and the margin of victory to Leave will be even bigger. Remainers who cling to that hope should beware what they wish for.

[bountyhunter] 29/12/2018 12:16

and on that note I've updated the header in anticipation :-) 🍻
oops, I used a few fireworks lol!

[newbank] 29/12/2018 12:05

Well said Bounty!

This is a NG investor bb, talk of Corbyn getting in by the back door will be a complete disaster for the Country and all the millions of shareholders who hold Utilities to supplement pensions, Staff putting life savings into the Companies they work for in order to pay for their off-spring University and college fees and the millions of people in general whose Pensions are in Defined Contributions where the funds depend on Blue Chip Company Dividends.

I sometimes wonder if there are posters here that do not hold NG shares but are trying to turn this bb into a Momentum Marxist supporting propaganda forum.

This bb is not the Guardian nor the Observer. So posters please stick to what is the most important purpose of this particular bb, to focus on the NG Share Price, its Dividend performance and the future growth of a Great British Company.

Happy New Year to all with Good Health and Prosperity.

[bountyhunter] 29/12/2018 11:08

True enough but I was referring to UK parliamentary petitions as of today and your link above is dated 31 Jan 2017. This is the up to date tally...



Edit - it seems this list is just for the current parliament so you are quite right s2lowner!

I don't think I'll say much more on this subject on this thread as it is so emotive and divisive and I wouldn't like to deter the community of NG experts here which is what makes this such an interesting thread. On that subject I fear that the recent harshness of the regulatory regime is what has driven the NG share price even further down recently. Have we hit the bottom here yet is the question I ask myself?

[s2lowner] 29/12/2018 10:58

Way to go yet bountyhunter according to this

Federation of German Business Industry comments on brexit
hxxps://www.thelocal.de/20181014/german-business-losing-patience-with-limping-brexit-talks

[bountyhunter] 29/12/2018 09:56

since we are on this subject this is soon to be the parliamentary petition with the most signatures ever...



I know this is an emotive subject but so long as we can keep the debate here civilised and ideally relate it to NG in some way then I think this subject is worthy of discussion especially when the market is closed. But please keep posts polite with respect to others right to a specific point of view. Political factors clearly have a significant effect on the NG share price.

[dr biotech] 29/12/2018 09:20

The “they need us more than we need them” is a busted flush. Just hasn’t been any lobbying from any of the industries and is a total fallacy (along with other brexit lies, not that the remain side has been great either). It’s just not true. What % of sales does that uk actually make as a total of the EU? You can do the maths yourself

The EU accounts for about 48% of UKs trade, we account for about 16% of the EU. Let’s say after we leave this drops by 10%. We lose 4.8% of our Buisness, they lose 1.6% Yet this will fatally damage the EU? On what planet did you dream this up?

In reality its going to be worse, we will lose proportionally more as our financial services will be hit harder due to regulatory reasons and demands such as having to have a EU banking license with an EU office (brass plate offices don’t count).

[jonnycash1] 29/12/2018 07:50

Vote of no confidence will force election by May 2019, triggering article 50. Brexit delayed by one year. Corbyn will win election. Although probrexit, his party will force a second referendum. Our economy will start to suffer badly from record levels of household debt and ongoing political uncertainty. Brexiteers will start getting increasingly violent in protests, with right wing factions taking full advantage. End of 2019 country will be more split, with each faction of the Brexit debacle bitterly blaming the other. Lack of investment leads to lack of new jobs, wage rises fade away, pound stays weak, recession begins.
With Merkel on her way out, the EU is only concerned with its own political infighting in 2019. They don't give a toss about Brexit and hope most of the UK go to hell and soon. Deal terms worsen. Corbyn is incapable of offering the British people as good a deal as May had in 2018.
Happy New Year. It's going to be interesting.

[warranty] 28/12/2018 23:12

I just think your negativity is way overdone Dr B. What's your fascination with the fifties for goodness sake? We need to look forward but you Remainers just want to maintain the status quo. Oh, we can't change anything it will be Armageddon. Rubbish. I worked for a major French manufacturer for 40 years. We had five UK factories when I joined, now zero, thanks to Globalisation and those well paid and solid jobs moving to Asia and Eastern Europe. If you actually believe that the EU will forego our market you're crazy. Without the current sales to the U.K., let along financial contributions and assistance they will be fatally damaged. A no deal suits us well because it's the only way to force them into a trading agreement good for both. Of course there will be some discomfort but it will be short lived and soon overcome. Think positive, it's not hard if you try.

[warranty] 28/12/2018 18:14

For someone with such an educated title Biotech, your comments are ridiculously stupid and simplistic. Nobody's suggesting bringing back Leyland or old fashioned factory jobs. Modern industries like EV, AI, Solar and other new industries are where we should be. You talk as though the EU is some successful, forward looking eutopia instead of the obsolete, inward looking, failing beaurocracy it is in reality. An organisation with a falling share of world trade and bankrupt economies. You stay tied to it if you want whilst the more enlightened and free thinking amongst us detach ourselves from the bloated, expensive mess. Of course we want to trade with Europe and we will, they depend on us and no way could they repeat our financial services industry. Stop lying and making things up. Think about your kids and grandkids if you have any, as I do. I want a better future for them and that certainly isn't shackled to a corrupt, decaying organisation committed to destroying nations and sovereignty.