Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
National Grid Plc LSE:NG. London Ordinary Share GB00BDR05C01 ORD 12 204/473P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.70 -0.18% 930.00 930.50 930.70 932.50 920.90 928.90 5,726,527 16:35:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 14,540.0 1,754.0 36.5 25.5 33,007

National Grid Share Discussion Threads

Showing 7801 to 7822 of 8075 messages
Chat Pages: 323  322  321  320  319  318  317  316  315  314  313  312  Older
DateSubjectAuthorDiscuss
12/8/2020
19:45
Growthpotential Energy transmission, not distribution unless talking about the US business. :)
utyinv
12/8/2020
17:09
A key company in the current and future energy distribution network
growthpotential
05/8/2020
15:43
keep up, that's already happened
bountyhunter
20/7/2020
07:34
Covid-19 data to hit markets this week IMO dyor
buywell3
09/7/2020
22:30
Pierre, Did you listen into the Ofgem conference call? In a nutshell, the main presenter said they made a number of assumptions about National Grid because the information that OFGEM had requested from all the Utilities wasn’t provided by National Grid???? The presenter even said “we asked National Grid for some clarification and they did not deliver on our request”. Now I know that NG has an office that deals with submitting info to OFGEM and are required to have regular dialog when OFGEM are determining a review. So have NG been sitting on their hands? Has someone done a terrible job? Or is Ofgem being extremely insensitive by assuming the answers to their questions are easily obtainable when many office workers were working from home? But in any case, if they hadn’t had sufficient information to determine a realistic proposal they shouldn’t have made assumptions that they knew would destroy the share price. In the QA section, analyst after analyst questioned why NG were singled out in comparison to say SSE. Ofgem responded by saying we made assumptions because they didn’t submit answers to our questions. One analyst at the back end of the QA session apologised for being late into the QA , but went on to say he was late because he was trying to get his head around the hundred plus pages of the report and looking at how the markets have reacted. He actually said “is it fair to make negative assumptions that have had such a catastrophic effect on NG’s share price”? The Presenter was shocked by the comment as he thought that OFGEM’s stance was a vote winner and he wasn’t expecting critics of NG to come to NG’s defence, highlighting the biased and negative way Ofgem have treated NG.
utyinv
09/7/2020
22:18
Well said Pierre👍
utyinv
09/7/2020
20:10
Don't you just love civil servants. Ofgem especially. I doubt the regulator could change a plug, hold down a proper job in the private sector, question anything about a net zero co2 economy, or find anything at all of concern about windmills. People who can do all those as well as some extremely demanding actions to enable millions of people to boil their kettle when they choose, can work and build up a profitable, respected company which provides a very demanding service in society, increasing people's quality of life by an unimaginable amount. The regulator can mutter a few words and destroy £2,000,000,000 in a few hours in an attempt to destroy all the good so many people work for. Just what good has the regulator done today? How can destroying 2 billion of value in a uk company be acceptable to anyone? Why do regulators - and we've seen this with civil service high flyers destroying bt - want to destroy some world leading highly technically competent uk companies? Beats me. But Boris is watching over this, and it doesn't look like tory policy to me.
pierre oreilly
09/7/2020
18:03
I've been saying the same for ages about NG. Now JP. Listen, FFS sell the UK biz and get out of broke Britain!
beckers2008
09/7/2020
16:20
OFGEM would still exist in some capacity regardless, perhaps would end-up as part of the National Audit Office or whatever. At the end-of-the-day it is probably all posturing to make it look like the MPs are doing their work, OFGEM are doing their work, and the directors at NG are doing their work too. So they can all go home having collected their ridiculous levels of remuneration and the public then have a false sense of satisfaction that they are getting their money's worth.
minerve 2
09/7/2020
16:00
Minerve. I never said all privatisation worked! I never said all private companies worked to provide better service. In the early days of Electricity Privatisation NG was the judge of fair play advising the regulator of ‘gaming’ by other Private electricity companies. NG was always fair, responsible and run well serving the customer, the staff and investor. OFGEM are just trying to be hard to appease the Criticism they received from the Energy and Business select committee ( chaired by a Labour Politician). They are just trying to save their skin, but in doing so may end up shooting themselves in their foot. Without a Private industry OFGEM will be no more. It is paid for by the Private Companies to administer fair play and give transparency that customers are being looked after.
utyinv
09/7/2020
15:51
Mark1000 🤞
utyinv
09/7/2020
15:50
UtyINV Brown's gold has nothing to do with privatisation. This is not a tribal argument. I'm sick and tired of the ignorant masses going around believing and promoting that privatisation was an overwhelming success. It simply wasn't. Neither am I saying that nationalisation is utopia either. People need to start looking at these things objectively rather than showing their tribal colours all the time or we will never get anywhere. Go and read in detail about Thames Water and come back and tell me that privatisation worked.
minerve 2
09/7/2020
15:46
Surely the suggested settlement was always going to be described as rubbish and then to December still rubbish then appeal a good old compromise with then NG saying OFGEM is very tough public saving a tenner in yr1 - OFGEM plaudits but costs rising to consumers sharply thereafter with NG recovering a fall in margin on the back of the CAPEX expansion.
mark1000
09/7/2020
15:43
Do I see a little envy and bitterness Minerve in your narrative? I can assure you it was a fair price unlike Gold being sold off for approx $300 / once, when shortly afterwards, it was £1000+ / once. Or the Pension robbery by Brown to the tune of £5billion /year to pay for those that wanted something for nothing. Sorry, our politics are not the same I am ‘Centre’. I do not like extreme right wing but equally dislike Marxism. My philosophy is that man was born to work and work should bring rewards. The only people who should be helped by the State are those too young to work, too old to work or too ill to work. Everyone else should work. No excuse, there will always be work if someone looks hard enough and not be too choosy with a delusion of self righteousness So we appear to have different beliefs 👍
utyinv
09/7/2020
15:34
It wouldn't surprise me if Boris and Co were making a deliberate attempt to make NG infrastructure unattractive as an enabler to get their PE buddies into some assets on the cheap. They tried it with Virgin by excluding them from support and it is understood that some of those PE vultures - who seem to work in close circles with those in power - were hoping that they could get VA on the cheap. Thankfully Branson, and I'm no fan of Branson (at least he builds companies rather than sucking the blood out of them), sold off some of his space toys to make sure it didn't happen.
minerve 2
09/7/2020
15:30
"The industry was sold in 1990 by Maggie’s Gov and a fair price paid at the time." RUBBISH! The Tories under Thatcher underpriced everything that was sold in an attempt to garner a sense of wealth creation by those fortunate and wealthy enough to be part of privatisation.
minerve 2
09/7/2020
15:27
Jimbox1 No it isn’t. It can review its dividend policy at any time. They used to have a fair return granted by Ofgem , promoting capital investment. The dividend policy was then set at RPI but there is nothing mandatory to maintain this. If OFGEM want to screw the country then NG should take its money elsewhere ie, to the USA where business is welcome and sell the UK business to a foreign company. Foreign company ownership will make it extremely difficult to ever renationalise a company without real value compensation. The industry was sold in 1990 by Maggie’s Gov and a fair price was paid at the time. Any suggestion of renationalising without real compensation is the same as what Lenin and Stalin did in the last century.
utyinv
09/7/2020
15:17
Inflation must surely re-emerge, due to the huge sums that the government and the B of E are throwing at the economy. Is NG. an inflation proof asset, with inflation-linked dividends? If so, it must be a buy, irrespective of a mean settlement OFGEM.
jimbox1
09/7/2020
13:43
We've had a Tory PM for 10 years now and it's the PM with the Cabinet Secretary who appoint Permanent Secretaries, the most senior civil servant rank. If the PM wanted the regulator to take a different line, that could be arranged!. As we've just seen even the Cabinet Secretary (the head of the Civil Service) can be replaced.
essentialinvestor
09/7/2020
13:26
Today's news surely gives NG even more incentive to spin off the US interests as a separate listed company? Also to sell off the least profitable parts of the UK business?
bountyhunter
09/7/2020
12:31
Very true Minerve 2 Just looks at UK port operator ABP we have a third world port infrastructure due to it being owned by a foreign owner(think its a Canadian teachers pension fund and Goldman Sachs just now) absolute minimum investment . When you compare ABP owned ports to all european ports its a disgrace when its been bled dry the owners will probably just hand it back to UK government as they will never spend the billions required.
wskill
09/7/2020
12:25
This has now become UNINVESTABLE
enormouswillie
Chat Pages: 323  322  321  320  319  318  317  316  315  314  313  312  Older
ADVFN Advertorial
Your Recent History
LSE
NG.
National G..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210510 23:01:42