National Grid Share Discussion Threads

[saltraider] 14/4/2022 08:22

Seems to be the usual way of things these days @gbh2. Don't know if its new Covid/WFH investors with unrealistic expectations or people using good news as an opportunity to take profit. Whatever ... it's the new normal.

[gbh2] 14/4/2022 08:17

Gone down like a lead balloon judging by the share price

[bountyhunter] 14/4/2022 07:37

Ahead of expectations overall, sure beats a profit warning a la Tesco etc! Got out of those in time.

[newbank] 13/4/2022 15:40

Be interesting to see what the final divi is going to be.

As the policy is still determined by CPIH index which is on average running at 6.2%

Last year we had 17p Interim and 32.16p final equating to 49.16p / share

So based on say for example CPIH at 6.2% = 49.16p x 1.062 = 52.207p / share

We have already had an interim of 17.21p so that should leave 34.997p / share as a final. That is unless NG try and massage the inflation figure by saying its only transitional as our BoE friend is trying to convince us to accept less remuneration, even though bills and prices are more akin to 10% rise.

If NG offer any less than 34.997p then they are not complying with policy.

[utyinv] 12/4/2022 09:10

Tree shake before the ii’s buy cheap shares for the divi.

Big boys gone on holiday leaving the juniors in charge to force down the stock in readiness to buy cheap.

After Easter watch shares in general rally ( well that is the usual trend anyway )

[1carus] 08/4/2022 15:21

Pierre, hopefully it will be more inclusive where the people with the industry knowledge get a bigger say in what we should be doing for energy security rather than simply a green agenda. I would like to think we can have both. For me, although counter-intuitive, using fossil fuels sourced at home or closer to home, even if that means expansion in that area, has got to be better than sourcing and transporting from afar. The expansion of clean energy needs to continue at an accelerated pace, carbon fuel consumption needs to decline and we should be as close to self sufficiency on the carbon consumption as possible. The Nationalised part is something like 0.6% of the Biz I think, so pocket change. The decision processes though may have an effect though on the UK operations, but that is not where NG makes it's money. Hopefully it is a good thing on the whole.

[saltraider] 08/4/2022 12:56

Thank the Lord for the filter button!

[pierre oreilly] 08/4/2022 11:54

'Affordable energy transition' seems like a paradox to me.

I must admit, I'm confused by the whole thing. Effectively, the gov, via ofgem, micro control ng (and in particular eso) already. I suppose the re-nationalisation just makes the control explicit.

On the ground, nationalised or not, i doubt there'll be many changes - same people, same presenations to big wig civil servants - what's going to change?

[medieval blacksmith] 07/4/2022 09:46

Here is where the thread starts to fall apart. Trust me.

You better start delivering respectful rationale.

This thread is ALREADY failing if it just allows rainbows in the sky.

[medieval blacksmith] 07/4/2022 09:44

What don't you like about me? What have I said that you don't like?

We are adults aren't we.?

Can we discuss these things or are you going to bury your heads in the sand like Brexiters have done with Brexit?

[medieval blacksmith] 07/4/2022 09:43

Idiot because of what?

I happen to disagree with your fantasies?

[gbh2] 07/4/2022 09:39

Pierre, best Filter rather than encourage the idiot.

[skinny] 07/4/2022 09:17

Meanwhile, another ATH @1,235p

[medieval blacksmith] 07/4/2022 09:17

Provide the maths too. Don't copy a target share price from an analyst.

[medieval blacksmith] 07/4/2022 09:14

Perhaps you can enlighten this thread as to your current intrinsic valuation of what NG. share price is and whether you see the current price as high. That would be a good start. ;)

[medieval blacksmith] 07/4/2022 09:01

Pierre

I have a Hons Degree in Electrical & Electronic Engineering and through my knowledge of this, my experience in investing a portfolio valued in £ms over 30+ years, personally working with brokers, legal advisors in finance, corporate finance and knowing plenty of engineers who work for NG I doubt you will have anything to add to my knowledge but I'll take into consideration your kind offer.

As far as the Lloyds thread is concerned everyone involved has ruined that thread. I gave advice about why Lloyds wouldn't move much higher than where it is now - almost 5 years ago - and it didn't go down well with the bulls. Since then posters dislike me because I burst their fantasy bubbles much like I did you when you were buying BT for £5.

As for my language then if people don't like it they know where the filter button is. Supporters of this government and Brexit are causing more damage to our futures and that of our children than a few bad words will ever do.

I might be an uncouth person from time-to-time, perhaps comes from being raised on a council house estate, but I'm generally right and can win arguments with those obviously of privilege and self-entitlement like you.

Have a good day.

[wilc42] 07/4/2022 08:47

Well said. No need for poor language. Views , insight and knowledge . Yes

[pierre oreilly] 06/4/2022 23:36

Minny/Minerve/med black, this is quite a respectful board, a rare thing on advfn.

I know you've ruined the lloy board and caused everyone to desert it - could you bring it upon yourself not to do the same here please? Tia.

If you want to know any aspect whatsoever of how ng. works from people who know, then just ask and i'm sure you'll get plenty of help.

[medieval blacksmith] 06/4/2022 18:37

Kangaroo gas owners with Blustering Boris gnomes running the show - what possibly could go wrong!

[newbank] 06/4/2022 18:29

UtyINV,

This might be good news for shareholders.

Let's hope for a good future.

[utyinv] 06/4/2022 18:21

News today indicate that the Government are going to Nationalise a key part of NG in tomorrows Energy Paper.

We all know the essential part the ‘Media’ are referring to is the SO ( Sys Ops or System Operator).


Hopefully this move might remove the shackles that have dogged NG every time Labour get into power or there is a Gen Election.

I have long campaigned for JP to sell the SO business to the Government and provided we get a good price, sell it( SO has been run separately from NG for a number of years)

The SO brings in £70 million of the £2+Billion of NG profits.

Hopefully, NG may have a bit more freedom to work in a business level playing field.

[misca2] 06/4/2022 11:27

The U.K. government said Wednesday that it will create a new system operator to oversee the country's entire energy system.

The Future System Operator will look at Great Britain's energy system as a whole, integrating existing networks with new technologies such as hydrogen, the government said.

The body will be founded on the existing capabilities of current electricity-system operator National Grid ESO, and on National Grid Gas where appropriate.

The FSO will work to balance the electricity systems, ensure energy resilience and security, and provide strategic oversight of the system, the government said.

National Grid ESO said in a statement that it welcomes the announcement and that it will work with all parties to enable a smooth and successful transition.

"A fully independent system operator will help to transform Great Britain's energy system and cut customers' energy bills. Critically, the FSO will ensure that we will build a smart, efficient and flexible system that will mean that Britain moves to a secure low carbon and low-cost system," Jonathan Brearley, chief executive of energy regulator Ofgem, said.

Shares in National Grid PLC at 0927 GMT were up 0.04% at 1,211.5 pence.



Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT



(END) Dow Jones Newswires

April 06, 2022 06:01 ET (10:01 GMT)