National Grid Share Discussion Threads

[pierre oreilly] 09/7/2020 10:03

I think it's out to all participants for comment. There'll be a compromise which will end up well for ng. It's part of our security infrastructure, and the gov can't annoy Ng. too much.

[saltaire111] 09/7/2020 09:43

Surely they’ve got to appeal this? This is effective renationalisation with the cost borne by shareholders and the benefit gained by taxpayers. It’s a transfer of private wealth to the public purse. I didn’t realise that Boris was really jeremy corbyn in disguise.

[pierre oreilly] 09/7/2020 09:17

When the cegb was split up, it was called 'deregulation', a Tory free market imperative.I think they should have called it something else. Maybe 'total regulation', the great labour wish.The result, of course, is total control by the government with ng. just implementing gov policies which really bear little or no resemblance to an efficient cost effective grid.

[trader2] 09/7/2020 09:00

RIIO-2 - This proposed allowed return is almost 50% lower than under the previous price control (RIIO-1) and the lowest ever capital rate for energy network companies. You can't expect NG. (and SSE et al) to be over the moon.

[salpara111] 07/7/2020 20:21

Well it looks like I'm a holder!

[badtime] 07/7/2020 20:01

Well it's gone lower....in?

[salpara111] 06/7/2020 18:35

I've set a limit order for 905 for what would be my first ever stake in NG..... if it gets there!
Like a lot of people I have been hit hard by a lot of my mid/large caps cancelling their dividends. This seems like the kind of stock that lets you sleep at night!

[newbank] 03/7/2020 16:48

About time we adopted a quarterly dividend policy. This would prevent volatility as the current system only serves Hedge Funds, day trading (often illegally - naked shorting).

I would have thought during this crisis the powers that be would have made all shorting illegal. It serves no purpose other than to put money in 'shysters' pockets rather than reward honest and legitimate investors. IMO this form of capitalism is what gives the stock market a bad name. It needs a dose of salts to clear all the Sh1t out, excuse the metaphor.

[bountyhunter] 02/7/2020 15:06

XD, that explains the drop (a bit). Just catching up and got a bit worried when I saw the chart. But as seems to happen more often than not the drop is way over 32p at 50p+ right now!?!

The trouble is it's difficult to take advantage off when you factor in stamp duty, spread and dealing charges. I don't like spread-betting.

I guess it will creep back up over the next few days all things being equal.

[skinny] 02/7/2020 14:29

Which one though!

[witheco] 02/7/2020 14:18

You have Bolshevik Boris instead.

[mark1000] 02/7/2020 11:39

Uty unless he leans to the middle he will never be PM anyway no elections here in the forseeable.

[mark1000] 02/7/2020 11:10

Well history repeats itelf sell pre xd and buy back the next day. Cannot blame HSBC knocking off 34p for the divi and something for the V shape recovery being a lot flatter.
With the talk of negative interest rates in the UK and near zero well into the future NG's reliable 5% plus growing divi has a scarcity value which the market has yet to fully recognise.

[minerve 2] 02/7/2020 10:02

Better value elsewhere.

[minerve 2] 02/7/2020 10:01

Down she goes but we need to give the CEO £5M for doing what anyone worth their salt could do don't we!

LOL!

Any chimp can run a regulated monopoly.

[saltaire111] 02/7/2020 09:02

HSBC - what does that busted flush know...

Salty

[a1samu] 02/7/2020 08:57

Double whammy this morning XD @32p & HSBC cutting recommendation from buy to hold and reducing price from 1060p to 1000p. Still a monopoly and cannot lose on it if you watch your timings and bide your time!

[mark1000] 01/7/2020 15:54

Uty
Hi you are right about transaction costs of say 5p a share need to be taken into account.
With a share like NG it may spend a few years trading between say 9.00 and 10.00. If you accept this you can trade from time to time and mainly do Ok with the dividend and small gains offsetting smaller losses. If you are not prepared to buy and sell you pick up the divis and have less hassle. I suppose I need to get a life and stop looking at the NG share price.

[utyinv] 01/7/2020 14:49

Mark1000,

If you were going to sell anyway then yes your deliberation is feasible and logical.

If you are long then you have got to factor in buying back costs if the sole purpose for selling is to reap more reward than the 32p divi which takes effect from close of today.

[mark1000] 01/7/2020 13:09

Hi will this go over 10.00 this afternoon? If it goes to say 10.00 will folk sell before Xd. A few years back I kept for the 30p div and the share fell 45p to 50p . My gut tells me hold but a sharp rise this afternoon will sell.

[a1samu] 30/6/2020 16:43

As long as you know Minerv what you say you are!

And BlackRock just announced halving its holding to 131519800.

[minerve 2] 30/6/2020 14:53

What a surprise!

LOL

Idiot!

[a1samu] 30/6/2020 14:22

BlackRock have got the right idea! On their holding of 238,695,607 shares or 6.85% they will collect £76,382,690 @32p a share dividend and I do not see them whinging about humanity, etc!