National Grid Share Discussion Threads

[eaaxs06] 11/6/2021 11:13

Which indicator are you referring to cw2000, if you don’t mind me asking? Certainly it’s just hit the 50 day MA, with the fast stochastic and macd are all looking favourable.

However, lots of this is a purely technical thing, mainly due to the 32p xd price drop last week, so I’m not completely convinced by it.

Good luck everyone, Sid.

[cw2000] 11/6/2021 10:10

From a technical side, it has given a buy signal in the last couple of days. First target is a run back to 960p.

[utyinv] 10/6/2021 16:50

Yanks playing with this sp

[davetedjack] 09/6/2021 15:50

Quite a big increase as well

[lovewinshatelosses] 09/6/2021 15:42

Blackrock have increased their holding, I see.

[bountyhunter] 08/6/2021 18:34

That was quite a rebound on the Dow, just after the London 16:30 close of course! (see header)

[davethehorse] 08/6/2021 17:16

Nice buy at the close?

[utyinv] 08/6/2021 15:54

Yanks spoiling the restoration in share price

[davethehorse] 08/6/2021 08:24

Heading for 1000p in the not to distant, keep buying folks ;-)

[gateside] 03/6/2021 19:51

Or companies that are domiciled in Jersey or Guernsey, which also have no Stamp Duty.

One of the reasons I deal little, is you have to take into account, Broker fees, Stamp Duty (on most shares) and the spread (large outside the FTSE100)

Plus markets often move the way you were not hoping that they would move, when trying to trade!

Buy, hold and reinvest dividends.
Pretty boring, but less stressful and it works!

[bountyhunter] 03/6/2021 19:43

...and you have to factor in stamp duty, commission and spread! I've considered it but decided not worth the effort ...unless perhaps for a decent dividend paying Aim listing with a narrow spread as no stamp duty there, but not many of those!

[1carus] 03/6/2021 15:38

The drop always feels painful, but still nice to know the Divi is effectively in the bank! Sometimes good to sell the day before and buy back in. But with my luck it would always go against me one way or another.

[utyinv] 03/6/2021 13:45

Pierre,

First time on market for general population was 1995.

Good grief that’s 26 years ago. Time passes

[pierre oreilly] 03/6/2021 13:11

It does seem to be exactly at the bottom - that's just luck. 10:36:21.

I couldn't get an online quote to buy at the time, was prepared to pay 912, the buy price at the time. So I put a limit in at 912 and it executed immediately at 9.09395.

Not too interested in the precise price - it's now an income stream for me and probably won't be sold. Held plenty from when they first went onto the market half a lifetime ago.

[bountyhunter] 03/6/2021 12:25

Looks like your top up turned it Pierre 😀

[davethehorse] 03/6/2021 11:41

Let's see if the bounce is sustained

[utyinv] 03/6/2021 11:27

For those are thinking about buying:

In normal times the share does recover a little a week or so after ex-dividend date. But then it normally falls again and new lows can be found around Sept/Oct before it rises in early Nov for the interims. I say normally, but this year is not normal, ie, expecting a decision by the CMA regarding RIIO II ROE and we have the run up to Copt26.

Both events might propel the share price to a realistic value indicated in the Simply Wall St article I posted earlier.

[pierre oreilly] 03/6/2021 10:40

I just bought another lot at 9.09.

Not that i haven't got enough already - i have a gilt maturing this week after holding for 20 years which has given me a notional 8% over that time, with a small capital loss. So got a big lot to invest to keep the income up. ng. seems the best bet at this price, for divi seekers. Safe as houses .... correction, atm safer than houses!

[bluemango] 03/6/2021 10:39

Extraordinary.

By any stretch, any metric, this is surely overdone.

[davethehorse] 03/6/2021 10:37

Reckon we're going to 900p for support?

[spawny100] 03/6/2021 10:31

Bit more of a drop than many expected here. Must be more patient in future buying exdiv!

[nickg2] 03/6/2021 10:19

Think it's bottomed now

[davethehorse] 03/6/2021 10:19

Only question is when it will bottom, ready to add when it does look like levelling off