National Grid Share Discussion Threads

[gbh2] 17/5/2023 16:57

Looking like someone knows more than we do, we'll know tomorrow.

[utyinv] 17/5/2023 16:07

Shares usually rise before results

[utyinv] 17/5/2023 16:07

Have the results been leaked?

[gbh2] 17/5/2023 07:58

Guess we'll see just how attractive the Dividend makes this tomorrow :)

[utyinv] 16/5/2023 21:57

Gbh2

Its always the same and a conspiracy against NG, ie Guardian Newspaper egging ministers to intervene in Macquarie’s option to purchase the remaining 40% of the Gas Transmission business. Then today the left wing Regulator Ofgem threatening NG to speed up the process of sanctioning the connection of green energy sources, wind, solar etc etc, all noise to take away any celebration of good results

[gbh2] 16/5/2023 14:10

Difficult to believe there's so little interest given the results are on the 18th!

[utyinv] 10/5/2023 10:22

NG did not hold itself in good light recently by not increasing the Pension rise by more than 5%, despite RPI being more than 12%. The Scheme rules say that even though normally there is a cap of a 5% rise, there is a provision in the rules for the Company to apply a discretionary rise over and above 5% in unusual times. The Company did award a rise above 5% in the early 1990’s when inflation was running high. But this time around they chose to hide behind the Cap according to the scheme rules.

Lets see if the ‘Board’ bend the policy rules they themselves set out with regards to their Dividend Policy. The minimum final dividend they have to announce a week tomorrow, is
37.59p, as depicted in the calculation in my previous Post 8443 Anything less would be a challenge on their integrity. Any excuse they put forward if they don’t honour the minimum would be seen as a betrayal to its owners, the shareholders.

37.59p or more, nothing less.

[bountyhunter] 29/4/2023 11:31

Talking of performance art I've added a couple of new 1 year mini charts for NG & SSE at the top of the header :)
...also updated dividend links, next xd is 1 June.

[newbank] 28/4/2023 17:21

gbh2

Post 8450

It still goes on in the UK ILLEGALLY!

Cozy City Brokers in cahoots with Shysters, agree to sell shares (shares that they don't own - but can easily be done using electronic trades), once sold the shysters buy back the shares once the damage has been done and the Cozy City Brokers are blind to it. The City brokers aren't as bright as many perceive them to be and many turn a blind eye to it because the system hasn't ever prosecuted culprits with a severe punishment. They see Naked Shorting as a risk worth taking.

Government and Regulators turn a blind eye to it too because many have a vested interest.

I too would ban short selling in general, where you cannot buy back the shares sold within a two month period. As for Naked Shorting which is illegal, I would like to see a custodian sentence of a minimum of 20 years with all assets confiscated. Only then will the Shysters think twice before committing the hideous crime.

In some countries such crimes would be seen as terrorism and many would call for the death penalty as peddling drugs do. Both the drug Barrons and financial Crooks are of the same ilk, they destroy society for quick self gain.

[viscount1] 27/4/2023 16:46

Originally the EU Short Selling Regulation (SSR), now in UK domestic law as of 2018 because of Brexit. The term used is "uncovered short sales".

[gbh2] 27/4/2023 16:28

I know the FCA were putting out guidelines but they seem only to apply to PIs, I'd be interested in seeing the 2012 edict making it illegal, because I cannot find it on line?

[viscount1] 27/4/2023 16:17

Well it's been illegal since 2012 in the UK, so not exactly late-breaking.

[gbh2] 27/4/2023 15:51

Last I read was Germany made it illegal, I've never read that our Government followed suit.

[viscount1] 27/4/2023 14:45

Well you cannot do it in the UK, so where do you mean?

[utyinv] 27/4/2023 14:41

gbh2,

Naked Shorting is still taking place today some 15 years after Governments vowed to clamp down on it, following the last financial crisis.

Some financial crimes go unchallenged because politicians have conflicting vested interests

[gbh2] 27/4/2023 12:49

Naked shorting should be a criminal offense imo.

[viscount1] 26/4/2023 18:59

Love short selling. Helps price discovery and liquidity. Also exposes criminals like Wirecard.

[gbh2] 26/4/2023 14:57

These dips are very in inviting, unfortunately no cash left today.

[utyinv] 19/4/2023 07:54

CPIH released today for March 2023 is 8.9%.

So the dividend policy is the average of the 12 months, April ‘22 through to March ‘23.

With today’s data release brings the average CPIH figure to 8.76%

Last years divi ( interim 17.21p and final 33.76p ) was 50.97p

50.97p x 8.76% = 55.43p

We have had an interim of 17.84p in Jan so expect a final of 37.59p being announced in May’s final year results, payable in Aug.

Let’s see if NG honours its commitment to shareholders.

[gbh2] 18/4/2023 10:41

We will know soon.

[1carus] 17/4/2023 20:31

under promise and over deliver?

[gbh2] 17/4/2023 13:55

1carus, I think even the best estimate would be guesswork atm, imo we need the results on the table to see just what's going on because the update was useless.