National Grid Share Discussion Threads

[wilc42] 18/10/2019 15:00

Still 30 min to go. ?

[gutterhead] 18/10/2019 07:56

900p breach significant and would be good to hold it today

[poikka] 13/10/2019 20:21

No doubt, B, or little doubt, anyway.

Had burgers on the brain.

[beckers2008] 13/10/2019 16:48

P,

"His sidekick McDonald is more of a threat" Yeah, continuing the demise of the Labour Party who will lose even more seats at the next election.
A Left Wing Labour led party will never win a general election, never mind with a majority.

[poikka] 13/10/2019 16:31

"if there is a whiff of JC"

His sidekick McDonnell is more of a threat, atm; JC's time is up.

[1carus] 11/10/2019 16:57

ok .. set it 25p less than the close, if they sell I make a small profit on quite a large holding that I have been taking the divi from. I just feel this has a long way to tumble if there is a whiff of JC... and that is still in the air. I can always rebuy at a lower price once that risk abates. I hold lloyds as well which would be a similar target for him, but quite where he is going to get the money to buy all of these companies I dont know.

[1carus] 11/10/2019 15:30

This is welcome.
What stop loss would you set on this now? anyone.

[utyinv] 07/10/2019 19:33

M100,

JP is referring to the System Ops role. It is on the cards since they separated the SO role from the rest of the UK transmission business. It accounts for only £70million of income against a total £2.1billion annually.

Such a move would allow any Left Wing Gov the saving face of Nationalising the National Grid as Joe public only sees National Grid as the body who controls the transmission of power to consumers, ie the SO.

With the amount of profit it brings in (peanuts vs high cost in responsibility for failure to deliver) and the aggravation from Gov and Ofgem wanting something for nothing it is better off being hived off and to see an independent body (nationalised) make a complete hash of it. We might be better off without it.

Currently,National Grid can be fined 10% of its turn over ( turnover greater than £10 billion ie £1billion fine) if Ofgem believe NG are responsible for failing to keep the lights on due to inappropriate operation. Ofgem are Judge and Jury and are heavily influenced by political pressure.

IMV it could be a blessing in disguise. AIMO👍

[m100] 07/10/2019 15:30

National Grid would “absolutely consider” relinquishing its role managing Britain’s electricity system to an independent body if policymakers decided it was the “right thing to do”, according to the company’s chief executive.

John Pettigrew told the Financial Times he would be likely to sit down with the UK government and Ofgem, Britain’s energy regulator, next year to look again at how the country’s electricity system is operated.

More at



(paywalled)

[beckers2008] 02/10/2019 08:40

Yet another investment in the US with a fair ROI over 5 years.
Where is Ofgem investment in the UK. They have no money!

[phillis] 26/9/2019 14:44

general acknowledgement that Corbyn has no chance of making PM judging by the rise

[action] 10/9/2019 19:17

Blessing in disguise. NG. will concentrate More in USA.

[m100] 10/9/2019 11:56

"UK energy minister Kwasi Kwarteng has questioned whether National Grid should retain its flagship role operating the country’s electricity system"

He questions it? On what basis? He has (to quote wikipedia) a degree in Classics and history at Trinity College, Cambridge, followed by a PhD in economic history from the University of Cambridge.

So, in a long line of ministers for energy, indeed UK ministers for anything, he has zero science or engineering expertise and a sprinkling of qualifications in something else. 'History' makes a bit of a change from PPE, having said that I wouldn't trust him to wire a 3 pin plug.

Meanwhile the load loss events of the 9th August have their final report and appendicies





No doubt 'the experts' at OFGEM will find a way to pin the entire blame on NG and not the actual culprits.

[action] 10/9/2019 10:12

768 chart support

[jonwig] 08/9/2019 11:17

Both Lab and Con are questioning its role:

UK energy minister Kwasi Kwarteng has questioned whether National Grid should retain its flagship role operating the country’s electricity system following a power cut last month that disrupted more than 1m homes and businesses in England and Wales.

[henchard] 05/9/2019 22:18

Wilc42

"Why did this crash. Do people think that labour will get in and privatise."

None of the other Corbyn nationalisation targets (water companies, energy companies, Royal Mail and so on) dropped like NG. Some were even up on the day. Whatever was behind NG's fall it doesn't seem to have been nationalisation risk.

[coxsmn] 05/9/2019 19:37

During his first Prime Minister's Questions in the Commons, Mr Johnson called on Mr Corbyn to "confirm now that he will allow the people of this country to decide" in a general election on Oct 15, adding: "Or is he frit?" He continued: "I know he's worried about free trade deals with America but there's only one chlorinated chicken that I can see in this House and he's on that bench."

[bountyhunter] 05/9/2019 19:08

just the political chaos fear factor I think, I can't see a Corbyn government ever myself

[wilc42] 05/9/2019 19:05

Why did this crash. Do people think that labour will get in and privatise.

[m100] 05/9/2019 18:03

New Capacity Market evidence lodged with European Commission as High Court date looms



My only printable comment is what a bunch of grubby, subsidy chasing, market disrupting, greedy bunch of shysters.

[doggle] 05/9/2019 15:21

yeh seen that the other Day as well roby! That wont swing the sentiment though I dont think?
Glad I got out though as boris seems to be having a bad time much is the pity as Commy Corbyn will be back into the favourite spot pretty soon I bet
Will get back in when it goes down to 780!

[roby37] 05/9/2019 11:34

doggle
"What NG are doing over the pond is totally out of order!"
Two sides to that story!
New York is running out of fuel and power — just as Cuomo planned.
hxxps://nypost.com/2019/08/31/new-york-is-running-out-of-fuel-and-power-just-as-cuomo-planned/

[doggle] 02/9/2019 11:39

£ All time low by look of it!

[1carus] 02/9/2019 11:18

Why such an upturn?