National Grid Share Discussion Threads

[mike24] 06/2/2023 11:06

shame Norway's Sovereign fund missed out on bidding for British volt

[1carus] 31/1/2023 16:13

Viscount1, I don't disagree. I was aware that commercially ESO is of no real significance, but will be interesting to see what the compensation works out to be. Prob cash that has to be target to the network somehow. Nothing Free without strings, not that it is free!!

[viscount1] 30/1/2023 18:15

My point was not that it affects NG profits, but to illustrate the idiocracy running the UK. The decision to nationalize the ESO, incidentally, was made by one Kwasi Kwarteng, who I think we can all agree has a sterling track record in government.

[utyinv] 30/1/2023 17:44

ESO only accounts for £90m of the £2.5b profit. JP said to me that HM Gov will ensure NG will be compensated to take ESO out of NG’s hands even though the ESO has been separated by being completely ring-fenced already.

[1carus] 30/1/2023 15:54

Viscount1, sorry I had forgotten all about NG ESO. I knew it was being muted but hadn't realised that it was all going ahead, also don't have access to FT so will look around for more info.

Anyway, glad everyone seems well.

[1carus] 30/1/2023 13:46

Newbank, I hope you are right. Just been hoping for a really long time it seems!!

[newbank] 30/1/2023 13:16

1carus,

I think you mean Nationalise rather than Privatise (Post 8405)? Starmer has said he doesn't want to Nationalise and wants the Gov to work with the Private Companies. Though once in power, can we trust them????

The reason why the price is stagnant at ATM is because it always does after the interims have been paid.

As Long term holders, you will know the second half is when the greatest earnings for the Company are pulled in. Looking at historic prices, I expect a change, to the upside come April. Yes, Hedge Funds, parasites IMO, look to take profit and drag the price down in the hope of buying back cheap. That's how they make their money. They don't produce anything, they only destroy.

NG bought WPD, a lucrative geographical and customer demographic, with the intention to benefit from the installation and income from EV charging points. Unfortunately, EV's have not attracted the best PR recently with Range Anxiety. That is why until I can comfortably travel 600 miles between charges (one of my Car's easily ranges 600 miles on a tank), and be guaranteed access to a Charging point without people resorting to fights over charging points, I will stay away from EVs.

Let's see what April / May brings, regarding the SP, as last year it hit £12.455 on 18th May 2022.

Should be no reason why this Stock should languish in the area it has been. As an International, highly efficient and reputable company, that is looking to expand and the innovations promoted by NG Ventures, I cannot see why the share price shouldn't be in excess of £19/share. Especially when you compare some of the exagerated valuations of some companies ,ie, car manufactures that make mediocre electric vehicles (Tesla).

[viscount1] 30/1/2023 13:04

The NG ESO is being nationalised.

Last time I checked NG earnings were roughly 50/50 UK vs US, but it is perceived as British.

[1carus] 30/1/2023 13:00

Not sure NG is UK centric, most of it's revenue is generated in the USA as far as I can remember. Not heard about the Torys nationalising NG., hell they won't even tax the energy generators and that includes the windfarm operators who are literally minting money at the moment. Corbyn and Labour did a lot of damage to the share price in the run up to the last general election in the hope of not having to pay fair value for it etc. And even if they dont target NG, they will target the generators and by symbiosis it will adversely affect NG.

[viscount1] 30/1/2023 12:49

NG has taken a bit of a battering because it is UK-centric, and the "moron risk premium" therefore applies. When a country has a government that is both incompetent and corrupt then its markets get marked down accordingly, and fairly.

I do not share your pessimism on a future Labour government though: they would have little money to play with and would probably cosy up to industry rather than nationalise where possible. NG is well regarded and competent so I cannot see them rocking that boat.

Note that it is the current "conservative" government that has decided to nationalise the NG ESO, because more government is always better.

[1carus] 30/1/2023 12:36

viscount1 ... long term holder, but I would have thought that the momentum from america would have kicked in. The moment we get wind of a Labour government and 'we are going to tax/privatise these companies' and the share price will be back at sub £9. the clock is ticking on that one. I was hoping that NG, over the last 5 years, would have provided clear guidance on how they are mitigating that even those at an £8 buy in and have held for a long time still risk losing there shirt here. Maybe I have missed something and also the general lack of posting here by those way more informed about the industry than me. I just don't see the plan and neither does the markets it appears.

[viscount1] 30/1/2023 11:25

I own NG because it is a reliable high-earner with good management. Growth is likely to be low but steady given electrification (new grids, storage, interconnectors) and the ability to run rings around the UK government.

You probably should not buy this share in the hope of step-changes in earnings.

[1carus] 30/1/2023 11:01

Kinda lack of news here. Is this just a divi income stock or is there real growth here associated with the American arm of the company and the requirement to somewhat beef up the grid here in the UK for the full scale electrification of everything? It's not exactly tied to energy costs as it doesn't produce, but where is the growth for this now. It just seems to bob up and down for no reason between 8.50 and 12.00 over a long cycle.

[gbh2] 20/1/2023 10:27

The lack of skilled workers boils down to Greedy Company Directors that will not Train people because it's cheaper to ship trained staff in and dump them when the going gets tough!

I sat at a boardroom table in the early 2000s and listened to our FD announce that were going to stop training staff because it raises their pay expectations.

We're going to reduce current staffing & aim for 30% agency staff replacements by the end of this financial year.

[mike24] 19/1/2023 10:15

the chaos at south staffs water
four months pass before info forwarded on to customers their details put on dark web
edit
FAA grounded all US flights, outside contractors deleted files by accident
questions being asked on outdated technologies,

[coxsmn] 17/1/2023 11:12

Bank of America raises NG pt to 1230 (1145) buy

[newbank] 23/12/2022 09:51

Well said Uty.

Bountyhunter has been doing this job for many years and it's much appreciated.

Thank you Bountyhunter and a Merry Christmas and Happy New Year to you all.

[tuftymatt] 23/12/2022 09:44

Thank you bountyhunter and merry Christmas to all 👍🏻

[utyinv] 23/12/2022 09:12

As I do every year, I would like all readers and contributors of this bb to join with me and thank ‘bountyhunter’ for the continuous, meticulous and conscientious attention he spends keeping this bb up to date with timely administrationԀ79;👏👏;👏👏

Bounty, thank you for spending your time and trouble in administering this bb. I would like to offer you and your family a very Happy Christmas and a Happy, Healthy and Prosperous New Year. 🙏

I also extend my best wishes to all contributors to this bb and again to wish you ALL a Happy Christmas and a Happy, Healthy and 🤞🤞🤞 Prosperous New Year!

🙏🙏🙏

[mike24] 12/12/2022 08:38

Drax coal plants on standby
edit
20/12 check out, nuclear expert Paul Dorfman's comments on blackout fears
"there is no question" France will slash energy exports to Britain

[tuftymatt] 23/11/2022 08:58

A 5% divi at this level and a high in August of closer to 1200 leads me to think there is more in the tank. It may take a while but I think north of 1100 this winter is likely.

[gbh2] 23/11/2022 08:29

Ex divi tomorrow, question is, will the share price continue rising or fall back to around 980 to close the gap.

[mike24] 15/11/2022 10:13

"How extreme are the effects of rolling blackouts"
is anyone making preparations

21/nov 8/9000 generators a day now imported to Ukraine
temp's could reach -20c

Buffalo NY 77inches snow in 24hrs northeast gridlocked
massive storm predicted to continue,

what preparations are being made, what about..........
stocking up food,water, insulate water pipes, close highways
cancel flights well in advance, hundreds at risk of heart attack clearing snow etc etc
simple measures take pressure off emergency services

[pierre oreilly] 14/11/2022 12:40

Wonderful rise in recent days.