ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

NG. National Grid Plc

898.80
-6.20 (-0.69%)
21 Jun 2024 - Closed
Delayed by 15 minutes
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
  -6.20 -0.69% 898.80 902.00 902.20 909.60 900.60 907.00 24,875,322 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Combination Utilities, Nec 19.86B 3.1B 0.8333 10.82 33.56B
National Grid Plc is listed in the Combination Utilities sector of the London Stock Exchange with ticker NG.. The last closing price for National Grid was 905p. Over the last year, National Grid shares have traded in a share price range of 826.60p to 1,145.50p.

National Grid currently has 3,721,539,361 shares in issue. The market capitalisation of National Grid is £33.56 billion. National Grid has a price to earnings ratio (PE ratio) of 10.82.

National Grid Share Discussion Threads

Showing 8676 to 8698 of 10000 messages
Chat Pages: Latest  352  351  350  349  348  347  346  345  344  343  342  341  Older
DateSubjectAuthorDiscuss
01/10/2022
13:24
bountyhunter - your chart with the years a bit more readable.
skinny
01/10/2022
11:36
surprised it has fallen so far..
lippy4
01/10/2022
11:10
The drop in the wider market is becoming quite significant now. even comparable in scale to the drop at the start of the pandemic..
bountyhunter
30/9/2022
19:08
... only 20% ... be grateful, so much has fallen so much more.

Paper losses mean nothing at all, as long as you are confident about fundamentals and prepared to patiently hold. Dividends are cash in the bank. You can spend them on beer or other essentials.

saltraider
30/9/2022
17:22
Not much good when capital value is down 20%
gbh2
30/9/2022
15:18
5.5% Dividend at this level.
squintyflinty1
30/9/2022
12:52
Actually the US regulator gives NG a ROE of in excess of 9% that’s last years figures when inflation was 2% The US regulator is allowing NG to work on a level playing field, business wise, but the UK regulator think that NG is a glorified Charity
utyinv
30/9/2022
12:43
UtyINV,

Yes I know that for all these companies in the utility space but the issue is that costs will be going up and there are various other risks with these businesses. NG is in America where the regulator is not so easy going.
The real issue is that the discount factor to discount earnings has just increased and will keep increasing until the Fed decides it has caused enough destruction.

So a dividend of 5% is similar to the Gilt but the risk is much lower on the Gilt.
I do like utilities but they might not be such a good investment at the moment with the financial and political risks increasing.

goodnight1
30/9/2022
12:27
Goodnight1

Utilities are a special case in comparison to other stock. As mentioned numerous times, the revenue that NG can recoup from customers is set by Ofgem and both Ofgem and Government recognise thst capital expenditure has to be paid back. There is an Inflation figure factored into the calculation. Ofgem and Government encourage Utilities to go for higher gearing so that customers can pay what’s due over a 40 year payback period.

Also, NG’s dividend policy increases in line with CPIH which is currently approx 11%

utyinv
30/9/2022
12:08
All these utility shares should go down further as the market seems now to be aware that you will soon get a gilt at over 5% with little risk.
So what is the advantage of buying NG when returns will be restricted and most of these companies will pay much more for debt eventually - so risk is increasing because of inflation.
The water companies should be at least 25% down from today as dividends there are lower and eps in most cases does not cover the dividend.

I do not find many of the utilities attractive although SSE might be at £15!

goodnight1
30/9/2022
08:54
It's looking very attractive now.
grahamite2
30/9/2022
08:41
Yeah it's all gone very messy here 😩
tuftymatt
30/9/2022
08:39
This has turned into a basket case!
gbh2
29/9/2022
16:38
We allow it to happen so where does the blame rest.
gbh2
29/9/2022
16:00
Shorting UK stock. Look what happened at 14:30 UK time 09:30am New York.

Look at the number of ADRs being shorted.

utyinv
29/9/2022
15:00
Yanks at it again
utyinv
29/9/2022
15:00
Yanks at it again
utyinv
29/9/2022
15:00
Yanks at it again
utyinv
29/9/2022
08:13
Just heard Truss on BBC Local Radio in Leeds-She really hasn't a clue!!!!
gilesy911
28/9/2022
13:39
The next few weeks will be interesting. As many on here will know, the NG pension rise from next April, DB pension (closed to new entrants), is determined by the Sept RPI published in Oct. Yes, the rules say the guaranteed max rise is 5% with anything above that is at the discretion of the Parent Company (NG).

Last time inflation was so high was 1990 and the Trustees with support from NG, sanctioned a rise above the guaranteed min.

Be interesting to see what stance is taken by NG this time round.

utyinv
28/9/2022
13:21
That QT/QE pivot may be good for the pension funds in the short term, but surely it must also mean even bigger rate rises are now in the pipeline? Cannot see how it wont also have a material impact on (already too high) inflation either. Am pondering whether this is good, bad or neutral for NG, which remains on my watchlist.
Reminds me of that quote: There are centuries in which nothing happens and years in which centuries pass.
Could just as well say months at the pace of events of late!

lovewinshatelosses
28/9/2022
08:38
Labour's intention is not to nationalise energy companies but rather to create a new national energy company, like the French have EDF for example. The reaction of the utilities seems overdone.
bountyhunter
27/9/2022
18:46
I must admit some of the news releases by National Grid to the media leaves them open to speculative plays by unscrupoulous traders.

Dramatic 'Over the Top' press releases, like:

National Grid doubles Emergency planning exercises amid concerns over energy supplies

The UK's full Emergency plans for a winter gas shortages, from blackouts to battle rhythms

National Grid announce Off-Peak Energy Plan, then

National Grid's Off-Peak Energy plan doomed to fail....

What the hell are they thinking of?

Since the early summer when NG was £12.35 and heading for £20, the price is now £9.48. A Share Capital loss of £10.3 Billion.

National Grid has always planned these scenarios but did so low key. All they have done is brought attention to themselves and not in a good way, look how the markets have reacted.

newbank
Chat Pages: Latest  352  351  350  349  348  347  346  345  344  343  342  341  Older

Your Recent History

Delayed Upgrade Clock