National Grid Share Discussion Threads

[bountyhunter] 04/8/2021 16:13

Quite a descrepancy between NG. and SSE today's. Good news imminent for SSE?

[utyinv] 29/7/2021 11:06

At the AGM, which you all can play back (recorded), question was put by some guy about the SO being hived off and JP spelt it out that the SO is only a small part of NG.

The public see the SO as NG because that is the only thing they show on the TV when a story relates to Energy prices or energy issues.

One must remember behind all the SO IEMS screens the equipment (OH lines, Transformers, QBs, Caps, reactors, CBs, Isols, E/Ss etc etc belong to NG Asset Mgt).

He also highlighted that after the business transformation, the US will account for 50% of the business, UK 40% and Ventures / Interconnectors 10%.

JP also intimated the massive task the UK business will undertake when it integrates WPD into the business in order to meet targets to install the massive amount of EV charging points in towns, cities, countryside etc.

If the Engineering climate changes materialise as expected, I can see NG being a £20/share stock

[bountyhunter] 28/7/2021 09:08

Header updated to show latest live prices in market hours when refreshed: NG NGG UKX DJI

[utyinv] 20/7/2021 09:05

Pierre,

Many are already in post, ie, those at ESO will simply transfer to the new Company name. I know the people at ESO and yes you are right they do need experienced people managing the system, which the general population haven’t got a clue about. However, they ( NG ESO), have recognised that they have lost a vast amount experience over the past few years and have made great efforts to skill up the new team.

[pierre oreilly] 20/7/2021 08:51

Good for my shares, not good for my electricity supply.It derisks Ng quite a bit and the compensation for loss of profit look generous.I hope they recruit carefully, controlling the grid isn't for beginners. On the deregulation, most from the research labs transferred to Ng, because that's where their intelligence and experience were required. Lots of PhDs in GSM.I hope we don't see Greta as the top bod, but I suspect it will go that way with further 'greening' of the grid.

[utyinv] 19/7/2021 10:17

7779:

The System Operator only brings in £70million of profit, tops! That is less than 3% of total profits. This has been on the cards for years and is easily done by the fact that NGSO is a ring-fenced separate body to NG.

Having spoken to John Pettigrew, he says that the Government will compensate NG to the tune of £500million.

Once we get rid of this element of business there will be far less regulatory restrictions. Also, when the Review on integrating WPD into NG is allowed to progress, there will be mass potential especially as NG will become the biggest owner/installer of EV charging points around the country.

[colsmith] 19/7/2021 10:00

re 7779 - if the Government run it then its the kiss of death, no public enterprise seems to runs efficiently and fiscally effectively, oh dear another mess up - why change what is working well but I suppose that's what they do.

[beckers2008] 19/7/2021 08:03

1,

Good job. IMO, NG. should get out of the UK period.

[1nf3rn0] 19/7/2021 06:30

The government is preparing to issue plans to strip National Grid of its responsibility for running Britain's electricity system in favour of a new independent body.The Department for Business, Energy and Industrial Strategy is planning to unveil a consultation outlining the creation of a "Future System Operator", which would manage the country's electricity system, alongside plans for a new governance framework for energy regulations. An announcement could come as early as this week.https://www.thetimes.co.uk/article/national-grid-to-lose-electricity-role-to-independent-body-vcvwlnnk2

[boystown] 15/7/2021 18:50

Tipped on Master Investor fwiw, by Robert Stephens:

National Grid’s share price has underperformed the FTSE 100 over the past year. It has risen by 8%, versus 15% for the index, as investors have rotated into growth stocks. This means that the company now has a dividend yield of 5.2%, which is more than two percentage points higher than that of the wider index.

National Grid also offers a relatively attractive dividend growth outlook. The company is aiming to increase dividend payouts by CPIH, which is a measure of inflation, over the medium term. This may make the stock appealing should inflation move higher than its current level of 2.1%.

In addition, the company is making changes to its business model that may position it for long-term growth. It is in the process of acquiring Western Power Distribution, which is the UK’s largest electricity distribution network operator. In tandem, National Grid is seeking to offload a majority stake in its UK gas transmission business.

This will tilt the company’s revenue increasingly towards electricity, with 69% of its asset base expected to be made up of electricity assets post-acquisition versus 58% today. With the use of fossil fuels, such as gas, expected to decline and the UK’s use of electricity forecast to double by 2050, the company’s strategy could catalyse its earnings growth and lead to growing dividends over the long run.

[newbank] 14/7/2021 16:33

This stock is being held back!

NG is not a Charity, the decision on ROE should be in NG's favour and Ofgem should stop playing marxist politics and allow NG to integrate WPD into the Group.

A customer, doesn't dictate to a Landlord how to run his pub and at what prices they are allowed to charge for the produce/service. By the same token you cannot expect Electricity and Energy on the cheap. If you want a reliable service you have to pay for it.

People should spend less on holidays, cars and luxuries and prioritise on fundamentals, Housing (Rent or Mortgages), Food and Utility bills. Everything else is a luxury!

We live in a cold, wet and damp country and it's not unreasonable to expect to pay a reasonable amount of income on Utility bills to secure investment, security and reliability.

[pander45] 07/7/2021 22:30

Solid performer.

[skinny] 06/7/2021 06:07

.




National Grid is pleased to announce the appointments of Tony Wood and Martha Wyrsch as Non-executive Directors of the Board with effect from 1 September 2021.

Tony Wood brings to the Board proven business leadership credentials as an experienced CEO and technology leader. His significant engineering experience was built from a successful career at Rolls-Royce and also Messier Dowty, now part of Safran Group. He currently serves as Chief Executive of Meggitt plc having previously joined the company as Chief Operating Officer. He has led a significant operational and cultural transformation, transitioning Meggitt from an industrial holding structure to a focused and customer-led business, leveraging technology investment. He previously served as President of the Aerospace division of Rolls-Royce, where he developed his leadership reputation, turning around and growing several challenging business units and internationalising the company's footprint. Tony's unwavering focus on safety throughout his career in aerospace makes him well-qualified to join the Safety, Environment & Health Committee of National Grid; he will also join the Nominations Committee.

Martha Wyrsch comes with a long and distinguished career across a broad spectrum of energy businesses in the US. She has served three times as general counsel of energy and utility companies and twice as a CEO of the divisions of major energy companies. Her experience spans the energy infrastructure and renewables industries. She led the early growth and development of Vestas' wind business in the US as well as having been the senior executive in charge of a major natural gas pipeline system. As an accomplished director for publicly listed companies both in the UK and US, she brings to the Board relevant contemporary experience in energy, technology and financial services as well as a deep understanding of the US regulatory environment. Martha currently serves as an independent director on the Boards of Quanta Services Inc. and First American Financial Corp, she has recently stepped down from her role as Non-executive Director of Spectris plc following completion of her nine-year term and from the Board of Noble Energy following its acquisition by Chevron. Martha has also previously held senior leadership positions at Sempra Energy, Vestas American Wind Technology, and Board positions at Spectra Energy Corporation and SPX Corporation. On appointment Martha will join the Remuneration and the Safety, Environment & Health Committees of National Grid.

Paula Rosput Reynolds, Chair of National Grid, said: "I am delighted to welcome Tony and Martha to National Grid. These appointments continue to bring new depths of UK and US business and regulatory experience to the Board."

In accordance with the Listing Rules, there are no additional matters that would require disclosure under 9.6.13R of the Listing Rules of the UK Financial Conduct Authority.

[bountyhunter] 13/6/2021 16:16

But as is often the case much of the US rise was after the London close so all things been equal that should at least help here at the open.



Only equivalent to a few pence on the price over here but every little helps!

[utyinv] 13/6/2021 11:00

Bounty,

The rise in the US is quite modest. To convert to £ remember divide by 5 ( adr = 5 uk shares) and then divide by 1.41 current exchange rate between US$ and GB£

[bountyhunter] 11/6/2021 18:38

NGG going up in NY this evening

[bountyhunter] 11/6/2021 17:24

Technically a golden cross back in May with the 200sma just rising when crossed by the 50sma...



Also now bouncing off the 50sma as has been said.

[cw2000] 11/6/2021 10:40

I have it tracked on the 4H chart with 200ema. Also using macd.
Price has come back to ema level and turning up.
I agree, the div has set this off, however, it's a risk I can accept.
SL around 895

[eaaxs06] 11/6/2021 10:13

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 09:10

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 15:50

Yanks playing with this sp

[davetedjack] 09/6/2021 14:50

Quite a big increase as well

[lovewinshatelosses] 09/6/2021 14:42

Blackrock have increased their holding, I see.