The Gov 10/30yr gilt rates have unfortunately taken a hike, trade wars and hot war sabre rattling have upset any market stability recently, on the flip side a good time to be adding some more NG for safe income, see how we are set here on new ISA day.. |
NG is down because bond yields are up. This should not be a surprise. |
Back to January levels, next stop ca 850p |
Still going down today nearly 1.8% down any news or reason if anyone knows? |
Utilities down due to Germany:
"country's next government agreed to historic loosening of its debt brake" |
Yanks are shorting the ADRs. US hedge funds playing Trumps rhetoric of ‘Drill baby Drill’ and letting inflation run away.
Trump likes inflation, he is putting pressure on the FED to reduce rates even though inflation is high. He has spent a lot of his own money in the recent court cases.
When wages are high, people spend and businesses like his hoover up their cash.
In the UK Unions want high wages so members can pay their subscriptions. They are not interested in maintaining wealth for Pensioners and recognise fully well that high wages bumps up inflation as Companies will just raise prices, so no one is richer but pensioners will become poorer. A redistribution of wealth in Socialists doctrine.
So even though Trump and Unions are diametrically opposites they are only in it for themselves. |
PIs last to find out as usual :( |
Normally its some broker downgrade that is released first to the larger holders and then released generally a few days later. Can't see anything obvious from the usual reliable (or unreliable) sources. |
Perhaps is down to rumours about where the cuts are going to come from to pay for the increased defence expenditure and ed miliband and his plans |
No idea but SSE down too |
Dropped like a stone this morning but I cannot find any news. |
"The fact the company has got the deal across the line in the new [US] political environment might be met with some relief," AJ Bell's Russ Mould commented. "The price tag looks reasonable for a set of assets which made a modest contribution to the group.
"Attention may now turn to the company’s stated plan to sell its Grain LNG terminal in Kent – a proposal which attracted some controversy when it was announced over the potential impact to energy security."
Alliance News |
National Grid plc ("National Grid") today announces that it has agreed to sell its National Grid Renewables US onshore renewables business to Brookfield Asset Management and its institutional partners including Brookfield Renewable Partners.This transaction is another important step in delivering National Grid's previously communicated strategy to focus on networks and streamline our business, as announced in May 2024.
The terms of the transaction imply an enterprise value for National Grid Renewables of $1.735 billion. The final cash consideration will be subject to customary completion adjustments.
Completion of the transaction will be subject to certain consents and regulatory approvals. Subject to these clearances, National Grid expects that the transaction will complete in the first half of the financial year ending 31 March 2026. |
Wow talk about paper shuffling!!
Good luck all 👍🏻 |
FWIW :- Goldman Sachs cuts National Grid price target to 1,136 (1,137) pence - 'buy'
That must have taken a lot of effort!!! |
CPIH for Jan released today = 3.9%
As you know, we only have two more release dates for Feb and March which will then provide us with the basis of what the final dividend will be set at.
Apr ‘24 through to Mar ‘25 / 12 = CPI figure used.
Share Divi for year 2024 was rebased to 45p due to Rights Issue X CPI Figure, less interim of 15.84p paid in Jan, should provide us what the final will be declared at in the final results in May. |
hxxps://www.lbc.co.uk/opinion/views/reform-uk-finally-proposed-a-policyand-its-an-economic-disaster/ |
Hi, any wise sages here got a view on Reform's proposal on a windfall tax on wind(!). Apart from locking up mad Ed and Nige in a boxing ring together... |
Predictable, the US selling off our best best Companies for short term gain and long term pain. The the ADR shorts in the US has increased by 184.9%.
Maybe the Yanks should sell down their own Companies and stop taking advantage of great British Companies. |
Well that was a p-poor fluctuation. |
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